Are these real estate wholesale contract templates really free to preview?
Yes. You can read every standard wholesale contract — Purchase & Sale, Assignment, Double-Close, JV, Option, Novation, and Letter of Intent — and see exactly what clauses each one contains before you ever create an account. The free auto-fill Contract Engine that drafts a ready-to-sign document for your specific deal and state is included with FTC Pro, which starts at $85/month and comes with a free trial.
Do the templates cover all 50 states?
Every contract type is built for all 50 states. Wholesaling disclosure rules, assignment language, and licensing requirements differ from state to state, so the Contract Engine applies the correct state-specific clauses and surfaces a legal warning when a state (for example, Illinois, Oklahoma, or South Carolina) restricts unlicensed wholesaling or requires extra disclosures.
What is the difference between an assignment contract and a double close?
An assignment of contract transfers your equitable interest in a purchase agreement to an end buyer for an assignment fee — one closing, your fee shown on the settlement statement. A double close (simultaneous close) is two back-to-back transactions: you buy from the seller and immediately sell to your buyer, which keeps your spread private. Both are standard wholesale exit strategies and both are available as templates.
Can I edit the contracts for my specific deal?
Yes. Inside the Contract Engine you enter the parties, property, purchase price, earnest money, inspection and closing dates, and assignment fee, then generate a complete, customized document in minutes. You can save it to your CRM, send it for e-signature, and track when it is viewed and signed.
Is a wholesale assignment contract legal?
Assigning a real estate contract is legal in most states when the original purchase agreement permits assignment and you disclose your role appropriately. Some states regulate how often you can wholesale without a license or require specific seller disclosures. The templates are drafted to standard wholesale practice, but they are not legal advice — review your deal with a local real estate attorney or title company when in doubt.
How do I get the full automated contract generator?
Start an FTC Pro account and the Contract Engine unlocks immediately. It turns these templates into deal-ready documents, stores them alongside your leads and buyers in the CRM, and pairs with EMD funding so you can lock contracts without draining personal savings.