For instance, in Texas if a seller does not give a buyer a disclosure of the property condition, the buyer can rescind (cancel) the contract up to the day of closing for absolutely no reason.Originally posted by "Frenzy":Q.2. or do i Have to buy and use the one from the board of realtors that is about 5 pages long?

So I had all three parties at the office at the same time and pulled out an extensive disclosure that explained everything.

Whenever combining realtor and investor roles make sure you give thorough disclosures to everyone involved.

The ones that still do are usually limited to 5% on a full income/asset disclosure deal.Hell, most lenders have lost their warehouse lines of credit and are not even doing subordinate financing anymore...I can give you a few lenders who still provide carries if you PM me.edit: some of my lenders may be west coast only though.

Are you implying that you do not want to give proper disclosure to all parties?

We give customer/clients complete disclosures in writing as to what can happen and what we will be doing.

Make sure they look at the roof or have a roofing contractor look at it for you.3) In our state you are required to have a disclosure from the owner of the property at the contract signing.

Their broker is going to require them to produce the same disclosures that the listings agent would typically produce without compensation.Michael Quarles

Just a disclosure about myself being biased.

I’ve done this with full disclosure.