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Updated about 10 years ago on . Most recent reply

User Stats

142
Posts
32
Votes
Tuan Le
  • Investor
  • Houston, TX
32
Votes |
142
Posts

Licensed buyer disclosures with a motivated seller

Tuan Le
  • Investor
  • Houston, TX
Posted

In Texas, when we buy or sell a property we must disclose that we're a licensed real estate agent.

I was also told by one of my instructors that if a seller wants to sell their property for under what it's worth, as a licensed buyer we must disclose the potential value of the property. Ex. Buying a 75k house worth 100k.

Any licensed real estate investors experienced a situation like this? How do you document that you have disclosed this to the seller?

Most Popular Reply

User Stats

10
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2
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Richard Collins
  • Ashbum, VA
2
Votes |
10
Posts
Richard Collins
  • Ashbum, VA
Replied

Find this thread an informative one, can help the folks aware about licensed buyer.

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