We are members of these Texas MLS areas:
When buyers scan the QR code or go to BuyTwoWays.com they will be able to:
* see property details with photos
* contact you for questions
* schedule a showing directly with you
* send a formal or informal offer
* buy directly from you without an agent or they can work with their agent (BuyTwoWays)
Click on a question below to see the answer.
Sale of Equitable Interests in Real Estate Clarified (Investors)
SB 2212 amends Chapter 1101 to codify the clarifying changes to TREC rules regarding sale of certain equitable interests in real property. Just like the rule, this statutory change clarifies that a person selling or offering to sell an option or assigning an interest in a contract to purchase real property must accurately disclose to potential buyers the nature of the interest offered. If a person offers a property for sale when the person does not own the property, that person is engaged in brokerage and must be licensed to do so. This is the current law. If a person offers to sell an option or assign an interest in a contract on a property, the person must accurately describe the interest being offered. The same requirement for accuracy is added in the Property Code. The practice of “wholesaling” remains legal if these “truth in advertising” rules are adhered to.
The Energy Conservation Audit and Disclosure (ECAD) AUSTIN CITY LIMITS
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Jack or Sheila McLemore
1-800-433-5206
License #9002078