Firstly, when they have a contract that cannot be assigned to a third party, which is common when acquiring properties from sources such as bank-owned properties, properties owned by government entities (HUD, FHA, Fannie Mae, etc.), or properties listed on MLS. This is particularly important in states that have strict wholesaling laws, such as Illinois and Arizona, where the assignment of contracts is subject to certain restrictions and requirements.
Secondly, End Buyers may be deterred from purchasing a property if the assignment fee is deemed too high. With the use of transactional funding, wholesalers are not required to disclose their contract details to the end buyer.
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