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Updated over 7 years ago on . Most recent reply

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8
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Christel Gustafson
  • Austin, TX
0
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8
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Poll: One page purchase contract or the state approved contract?

Christel Gustafson
  • Austin, TX
Posted

I am an investor in the Austin Texas area and want to take a quick poll on whether people are using their own one-page purchase contracts or the standard state approved contracts (TREC for us in Texas)?  

What, if any, additional disclosures do you also include?

I already have a legal advisor so I am not asking for legal advice.  I am simply wanting to see what people are doing and any experiences that I can learn from and improve my business.  I personally favor the one page quick contracts because I feel that it simplifies the process for me and my sellers, but through my networking I have recently run into several other investors that have challenged this mindset.  Any thoughts would be appreciated?

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