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Updated about 7 years ago,

User Stats

14
Posts
8
Votes
Mark V.
Pro Member
  • Investor
  • League City, TX
8
Votes |
14
Posts

TREC Residential Sales Contract & Hard Money Loan

Mark V.
Pro Member
  • Investor
  • League City, TX
Posted

Hello all... Long time lurker, first time poster here.  I was hoping someone could answer a question for me.

If I wanted to make an offer on a property and was planning to use a HML, how would that be written into a TREC residential contract? There is nothing in the third party financing addendum that lists hard money loans as an option. I've seen some people say to just make to the offer as a cash purchase but I'm kinda leary of that. Are there any other options?

Thanks!

  • Mark V.
  • Loading replies...