TREC contract
Imagine finding the perfect home. After weeks, maybe months, of searching, it’s just what you’ve been seeking. You get it under contract and have it inspected. After jumping through all the hoops for the mortgage, hiring movers, packing, and more, you’re ready to close. Then the seller decides they don’t want to sell it to…
Read MoreBy Lydia Blair Special Contributor March is a month for changes — in both the Texas weather and real estate contracts. Haven’t you heard? There are recent contract changes that became mandatory for use by agents on March 1, 2019. Don’t worry. You’re not the last to learn about these changes. Seems like very few…
Read MoreBy Lydia Blair Special Contributor When you review contracts every day, spotting mistakes can become routine. The number one mistake that most escrow officers see on real estate contracts involves blank spaces. To be clear – contracts should always be filled in completely. There should be nothing left blank. I’m referring to the standard Texas…
Read MoreBy Lydia Blair Special Contributor One of the most common mistakes and needless expenses that home sellers encounter involves the survey section of their sales contract. Despite the bold type and plain English, there are often disputes and confusion about providing a survey. The survey section is on page 2 of the standard TREC contract.…
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