West DFW REI Group

Fort Worth's Premier Real Estate Investment Education Group
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The in's and out's of using the Texas TREC One-to-Four Family Residential Contract in your REI business

with... Lisa Walker

Lisa is with us this month, sharing her contract knowledge and helping us stay up to date on potential “issues” and the “out's” associated with using the Texas One-to-Four Family Residential Contract. Don't miss this key information.

Saturday, March 6, 2021

8:30 AM - 11:30 AM

Virtual ONLINE Event

This month we will cover the in's and out's of using the Texas TREC One-to-Four Family Residential Contract in your REI business. Covering how to avoid common errors and the differences in filling out the contract. It depends on whether you are the buyer or seller. There are possible issues and “out's” associated with each side that you need to be aware of when using this contract.

We will cover this commonly used contract for residential real estate and frequently used addendums and more:

  • How can the Buyer get out of the contract and get back their Ernest Money? (There are many!)
  • How can the Seller get out of the contract?
  • What recourse does each party have when the other is in default?
  • Who needs to fill out a Sellers Disclosure?
  • What items are included and excluded in the contract?
  • Who gets minerals and other interests?
  • Do utilities need to stay on till closing?
  • Can the seller refuse my access to the property?
  • Can the seller do the repairs requested themself?
  • What if the house catches on fire while under contract?
  • Can you get rid of the current tenant or raise their rent after you close?
  • Why do an Option Period?
  • What can the buyer object to?
  • Can you use an old survey?
  • What are “shortages in the area”?
  • How are property taxes handled?
  • When does Earnest Money & Option Period fee need to be delivered?
  • What type of deed does the seller need to provide?
  • When do you need other addendums?
  • What options do I have with Seller Financing?
  • When does the Lead Addendum need to be used?
  • What can a non-reality addendum affect and when should you use it?
  • How can the Homeowner’s Association affect the contract?
  • What issues can there be with the Third-Party addendum?
  • Should we do a temporary lease for the buyer or seller?
This is going to be a jam-packed event so don't miss this>>>>REGISTER BELOW ⇓⇓⇓

Online Meeting Schedule-

8:30 am – 9:00 am – MEMBER & GUEST ORIENTATION – The session will start promptly at 8:30 am and is designed to be an overview for Members and first-time Guest as to who we are and the benefits you receive as a Member of the group.  We will also talk about the REI tools provided to you as part of your membership, your free professional investor website and other member benefits and walk you through the website and answer your questions.

9:00 am – 11:30 am – MAIN MONTHLY MEETING TOPIC – “How well do you know the Texas 1-4 Family Residential Contract (Resale)?”

What To Do Next To Get Pre-Registered For This Event-

STEP #1 - Scroll to the bottom of this page and click the "PRE-REGISTER" button and follow the prompts. 

STEP #2 – Check your email NOW for your REGISTRATION CONFIRMATION email with instructions for completing the registration with Zoom.

STEP #3 – Once registered with Zoom, click the "Add to Calendar" link in the Zoom email which has the link to attend the Event.

Please share this event link invitation https://bit.ly/3pdlKcx  with your friends, partners, and social media connections and invite them to attend this event with them as your guest.

LOCATION – Online Only – The Zoom link needed to register and attend this event will be sent in your Registration Confirmation email immediately after you Pre-Register BELOW. Be sure to check your email, spam and junk folders if you don’t see it in your inbox.

ZOOM ROOM SPACE IS LIMITED SO RESERVE YOUR SEAT TODAY!
CLICK THE PRE-REGISTER BUTTON BELOW NOW!


 

 


Members Earn $5.00 REIA Bucks by Pre-Registering at least 48 hours early.

If you are Pre-Registering at least 48 hours early, then you will automatically be assigned $5.00 REIA Bucks when you check in to the event.


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Members:
Free
Non-Members:
$25.00
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Never been to a meeting before? First Time Guests can attend their first meeting for Free with a complimentary Guest Pass.


Date:  Saturday, March 6, 2021
Time:  8:30 AM - 11:30 AM


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West DFW REI Group


Fort Worth, TX 76109
(817) 599-8058

Proud Affiliate Member of Think Realty

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