by Hancock, McGill & Bleau | Feb 24, 2020 | Financing, Selling Real Estate
Financing for residential purchases including seller financing and unlicensed third-party lenders has been substantially affected by the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly called the “Dodd-Frank Act”. Click here for a discussion of the...
by Hancock, McGill & Bleau | Feb 24, 2020 | Financing, Real Estate, Selling Real Estate
Financing for residential purchases including seller financing and unlicensed third-party lenders has been substantially affected by the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly called the “Dodd-Frank Act” which was passed in 2010 and...
by Hancock, McGill & Bleau | Nov 12, 2019 | Buying Real Estate, Real Estate, Selling Real Estate
What is required to allow the seller to convey property “as is”? More particularly, do the provisions in Section 7D of the TREC contracts meet the requirements allowing a seller to convey property “as is”?The short answer to whether you can rely on the printed...
by Hancock, McGill & Bleau | Aug 27, 2019 | Listing Real Estate, Real Estate, Selling Real Estate
Here are five relatively painless ways to reduce your liability when listing and selling real estate. Require the Use of Buyer Representation Agreements When Representing Buyers. If you do not have written authorization from both buyer and seller, you cannot qualify...
by Hancock, McGill & Bleau | Jul 11, 2017 | Buying Real Estate, Real Estate, Selling Real Estate
Here are ten of the more common mistakes I see when reviewing real estate contracts. (1) Leaving Blanks In The Contract. Failing to fill in the required blanks in a form is really sloppy work and, in my opinion, unforgivable. Take the time to review the final contract...
by Hancock, McGill & Bleau | Mar 23, 2017 | Buying Real Estate, Real Estate, Selling Real Estate
One to four family residential investment properties are commonly bought or sold in transactions in which a Texas Real Estate Commission (TREC) Contract form is used. Often these properties are leased to third party tenants at the time the contract is signed and at...
