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Updated over 8 years ago on .

User Stats

32
Posts
3
Votes
Brandon Allen
  • Argyle, TX
3
Votes |
32
Posts

Need help filling out TREC

Brandon Allen
  • Argyle, TX
Posted

Trying to purchase a property in Denton, but I need some help filling out the TREC form.  It's my first time doing this and will have an attorney review, but still need some general help going through it.  Any good resources out there?

Example of questions I have:

Sales Price (section 3):  I'm purchasing this house and will end up paying off multiple liens totaling about $16k, so do I include that in this section anywhere?  The rehab is obviously not part of the equation here.

Do you fill out the financing section (section 4) if you're using hard money?

Survey (section 6c):  Is this necessary?  I would assume that the buyer would do this (option 2) what period of time is usually allotted for this?

Section 7:  How long do you give for disclosure? Do I need one since I'm buying as is?

Which addendum are essential?

Thanks for any help.