I don't have a problem with someone communicating what they have "heard" or "thought" as long as they qualify it as such, but when someone states it as absolute fact or as the "law", it troubles me.

If its a lease option for over 6 months it falls under the contract for deed (executory contract) laws in Texas.

I did a search and found this program.http://www.trumpuniversity.com/realestate/index.cfmHas anyone gone through it or have any info on the program personally.My 2nd Question:I read in a resent post that it was a good idea to take the real estate law of contracts class for real estate agents.

I would find out what is required by your state law to be in a contract (usually some type of disclosures), and I know federally a lead based paint disclosure is required.

State laws dictate your options, also.

I know atleast in Texas that if you present a written offer, a realtor is required by law to present it to the seller unless the seller has told the agent in writing to not present offers lower than a certain amount (which rarely is the case).

My brother in law is a builder/investor and he and I sat in the car after the closing and just talked through what the estimates would be.

These are complicated issues that will take into account your state's case law, so I would recommend contacting a qualified attorney on the matter.The owner of the other lot might have an easement right just from using it for so long, and not all easements require paperwork to be signed.

The contractor that I am using is my brother in law.

I've got the realtor going for more pics, and my brother in law (who is a contractor) going by to check it out for me.Also, how best to finance?