Hi everyone need an opinion, I live in WY, and WY has this law Real Estate Act of 1971 which I am going to attach but it is 49 pages of lawyer babble. Anyway I know Elena, Sully and others said on another post that "he who owns the contract rules" they even made AL concede the point LOL. Anyway the way I read this I can obtain a property in WY only if I:
A. Use a realestate agent.
B. Buy from FSBO,REO,shortsale,foreclosure close and then resell FSBO.
Does anyone read anything different, I certainly do not want to make my first deal and end up in jail.Nor do I have the money or credit to buy and then resell. I have a couple more Title companies to talk to but the ones I have talked to said no way all purchase agreements had to come from a Real Estate Commission approved form which I'm not sure about that one (but this is **** Cheney home state)HA! (Settle down you die hard Republicans I'm just kidding) and they will not accept any purchase agreement that states, and or assigns on it because assigning a contract by anyone not licensed in the state of WY is illegal. Just wondering what I can do.
Thanks in advance for any help.