Wholesale Properties, This is the last contract you will need. This is the contract that you will need to get signed once you have found a buyer. You will go to the seller and let them know you have a buyer. You have already disclosed to them your intentions of finding a buyer so they are not shocked when you ask them to sign this contract.
At this point you are helping the seller and new buyer draft up a new purchase agreement between them. Once the new contract and the Discharge of Agreement to Purchase is signed you can rip up your original Purchase Agreement between you and the seller.