Wholesaling in Abbeville runs on Alabama law — the same rules in Henry County as in every other Alabama county. Here is the substance: what you are actually selling, the disclosures the law requires, and the checklist a Abbeville wholesale deal has to pass before money moves.
Alabama is one of the few states that regulates the assignment itself. The duties reach assignment, novation, and similar transfers of the equitable interest, on single-family residential property.
Three written disclosures, each with its own clock — and the second one's clock is the trap.
Disclosure 1 — to the BUYER you assign to: written disclosure that what you hold is an equitable interest under a purchase contract, not legal title (§8-42-2(a)).
Disclosure 2 — to the SELLER: written disclosure of your intent to market your equitable interest, made BEFORE you start marketing it. The clock is the trap — this duty triggers before marketing, not at assignment.
Disclosure 3 — to the SELLER: written notice of the assignment's effective date, at least THREE BUSINESS DAYS before it takes effect.
Source: Ala. Code §§8-42-1 to 8-42-3 (Act 2023-201) — Mike legal gate for Wise Revival's Alabama build, 2026-10-20.
In Alabama, foreclosure is non-judicial (power of sale in the mortgage/deed of trust); judicial foreclosure also available — fastest case, about 30 days from the first required notice to the sale. A Abbeville seller facing that clock has a deadline you can read off the statute; your job is to solve it before the sale date, with the disclosures above in writing. Full timeline: Alabama foreclosure timeline.
Run the Wholesaling Calculator and the 70% Rule Calculator on any Abbeville contract before you shop it — a buyer's first question is your math, not your enthusiasm.
The exact call structure Wise Revival uses with motivated sellers — opening, the four qualifying questions, and how to book the appointment without sounding like a call center.