Need help with a contract. - Posted by Odeney Carty

Posted by t jent on May 13, 2000 at 02:28:50:

Where I live (CA), foreclosure auctions require “all cash.” You don’t have the luxury of shopping around for an assignee after contracting to buy. I suspect (though not 100% positive) it’s the same at court auctions everywhere.

Need help with a contract. - Posted by Odeney Carty

Posted by Odeney Carty on May 12, 2000 at 18:59:18:

Hi,
I have found a forecloser auction in the city where i live. I can bid on a property far below market value leave a downpayment and find a buyer in 26-30 days. I need help in wording and writing a contract that I can present to a propective buyer or investor and at the same time protect myself and not lose a good sale. Any help, and words of caution is greatly appreciated. Thank you in advance for assistance.

How much is too much for ernest money?