Wholesale Closing Attorney in Atlanta, GA

Wholesaling only works if the deal closes. Bagwell & Associates closes assignment and double-closing transactions for Georgia wholesalers every week, with a process built around how wholesale deals actually move.

Assignment of contract vs. double closing

In an assignment, you transfer your rights under the purchase contract to an end buyer for an assignment fee, and one closing occurs. In a double (simultaneous) closing, you buy the property and resell it, often the same day, in two separate transactions. Each has tradeoffs in fee privacy, closing costs, funding and title insurance; we'll help you pick the right one for each deal.

Contracts that hold up

A wholesale deal is only as strong as the acquisition contract. We review and draft purchase agreements with clear assignment language, realistic due diligence and earnest money terms, and plain-English disclosure to the seller that you may assign the contract.

Stay on the right side of Georgia licensing law

Marketing a property you don't own, or acting for others for a fee, can cross into activities that require a real estate license. Rules on wholesaling are evolving nationally, so have your contracts, marketing and disclosures reviewed. (Attorney to confirm current Georgia law and add specifics before publishing.)

How a wholesale closing works with us

1) Send us the executed contract and assignment. 2) We open title and order payoffs. 3) We clear title issues and coordinate with the end buyer's lender. 4) We prepare the settlement statement(s) and close.