Reviewing recent changes to TREC contracts and their effects on home sellers (solo-show with Aaron Jistel) - Real Estate Real Fast EP13

06/02/2023 40 min Episodio 13

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Episode Synopsis

Texas Real Estate Contracts and Addendums: A Guide for Home Sellers and Buyers
Episode Summary
In this episode, Aaron Jistel (Broker and Co-Founder at ListingSpark) focuses on how recent changes to Texas Real Estate Commission's contracts and documents may affect home sellers and buyers. He covers topics such as cash payments, mud, WCID and PID notices, Section 7D of the TREC contracts, HOA transfer fees, special provisions and third party financing addendums.
Episode Highlights

Overview of changes to the Texas Real Estate Commission's primary contracts and documents
Definition of “cash” in the one to four contract
Requirement of MUD, WCID, or PID notices from sellers
Section 7D of the Texas Real Estate Commission's contracts
HOA transfer fees
Special provisions
Third party financing addendum
Buyer approval and property approval
Amendatory clause documents for FHA or VA Loans

Episode Links

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Connect with Aaron Jistel on LinkedIn

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