All posts tagged Texas Real Estate Forms

TREC has proposed changes to 8 different TREC Forms

New Texas Real Estate Forms - TREC

Stuart Miles | freedigitalphotos.net

The Texas Real Estate commission has proposed changes to 8 different TREC Forms.  Below are a list of the forms that they have proposed changes for.  The new proposed versions are available for review and input from the Texas Real Estate Commission.  There was a meeting on August 13th.  You can submit comments or feedback to the commission at Texas Real Estate Commission, PO Box 12188 Austin, Tx 78711.  Comments need to be submitted no later than October 8, 2012 with a possible adoption of the new Texas Real Estate forms by November 5, 2012.  As always the New TREC Forms will be rolled out at no additional cost to all BULL Forms users.

 

Form #
(Date)
Form Caption
TREC No. 9-11
8/13/2012
UNIMPROVED PROPERTY CONTRACT
TREC No. 20-12
8/13/2012
ONE TO FOUR FAMILY RES IDENTIAL CONTRACT (RESALE)
TREC No. 23-13
8/13/2012
NEW HOME CONTRACT (Incomplete Construction)
TREC No. 24-13
8/13/2012
NEW HOME CONTRACT (Completed Construction)
TREC No. 25-10
8/13/2012
FARM AND RANCH CONTRACT
TREC No. 30-11
8/13/2012
RESIDENTIAL CONDOMINIUM CONTRACT (RESALE)
TREC No. 37-5
8/13/2012
SUBDIVISION INFORMATION, INCLUDING RESALE CERTIFICATE FOR PROPERTY SUBJECT TO MANDATORY MEMBERSHIP IN A PROPERTY OWNERS’ ASSOCIATION
TREC No. 40-6
8/13/2012
THIRD PARTY FINANCING ADDENDUM FOR CREDIT APPROVAL

10 Tips for Selling Texas Acreage

Selling Texas Acreage

Selling Texas AcreageIt is important to take a number of factors into consideration when considering selling Texas acreage properties.

Tip #1: Research

Do some research on the best ways for advertising and selling Texas acreage properties. Are all of the properties advertised in the MLS, or is there another listing service that most of the properties are listed in.

Tip #2: Presentation

Often investors are looking for a home so emphasize the house when marketing Texas acreage listings. Ensure that the home is clean, well presented, properly maintained, clutter-free and depersonalized before listing. Any money spent doing this should be seen as an investment as it will help gain a speedy sale at a better price.

Tip #3: Property Lines

All property lines should be clearly marked and all border fencing should be properly maintained. Potential buyers will need to be clear as to exactly what the agent selling Texas acreage is offering for sale.

Tip #4: Law

Make sure that all applicable bylaws that could influence selling Texas acreage is known. Both buyer and purchaser should fully understand any laws that may influence the purchase.

Tip #5: Advertising

Make use of the wide range of free services available online when selling Texas acreage. Sellers using agents can ensure that the agent makes good use of the internet so that the property can be seen by viewers living around the world. A great listing on Multiple Listing Services (MLS) can draw potential buyers to a property and should is great for marketing Texas acreage.

Tip #6: Water Supply

If the land has a water supply, have a chemical test done and provide potential buyers with the results. Sellers who can demonstrate knowledge of water flow rates, the age of the well and quality of the supply will have an edge over those who don’t when selling Texas acreage properties.

Tip #7: Local Knowledge

Be prepared to provide information on everything from local road quality to available amenities and services when selling your Texas acreage. This may not always be necessary but it is better to be prepared.

Tip #8: Investment Potential

Offer good reasons why a potential purchaser might want to buy in Texas. Land and property prices in Texas continue to increase and this could offer buyers considerable investment opportunity. Make sure they are aware of this when listing or marketing Texas acreage properties.

Tip #9: Land Surveys

Before embarking on selling Texas acreage, it’s wise to have a land survey conducted. This will ensure buyers know exactly what they are buying and prevent any legal issues later on. Hire a professional to survey the land and register it with the relevant authority.

Tip #10: Social Media

Consider using social media and Google Maps when selling Texas acreage. This will ensure that viewers can find the land if it’s out of the way and will further promote the land.

It’s important to consider all of these factors when selling Texas acreage properties. It is wise to work with professional real estate agents and ensure that they are fully equipped to answer any questions that may arise when dealing with potential purchasers.

TREC Contracts Clause Library

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NEW CLAUSE LIBRARY FEATURE FOR TEXAS TREC FORMS

As of last week BULL Forms Texas enabled a clause library available for all TREC Texas Contracts. As with most features, we try to make them as easy to use as possible. Let’s take a brief walkthrough of the feature.

You can use the clause library to insert your favorite clauses in any field where you see the green + next to field label, like this one:

Texas TREC Forms clause library icon

When you click on the green + button, the clause library will open:

Texas TREC Forms clause library main

From within this window you can create, edit, delete and insert clauses into your TREC Texas Contracts. To add a new clause click on the add new button near the top right corner of the window:

Texas TREC forms clause library main add new

When adding a new clause, you select a title for your clause and enter as much text as you like into the content. If you are inserting a long clause into a small field the text will cut off, so please ensure you pay attention where you are inserting your clauses.

Texas TREC Forms clause library add new view

Once the new clause is added it will appear in your main clause library window. When you are ready to insert a clause into the TREC Texas Contract, select the clause you would like to insert and click on the “insert clause” button as illustrated below:

Texas TREC Forms clause library insert

The clause will automatically be inserted into the field.  If there is text currently in the field, the inserted clause is appended to the end of the current text.

Thank you,

BULL Forms