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Tax, SDIRAs & Cost Segregation

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Miles Stanley
Pro Member
  • Realtor
  • Schertz, TX
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226
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Texas TREC Single Family Purchase Contract

Miles Stanley
Pro Member
  • Realtor
  • Schertz, TX
Posted Jun 7 2016, 21:16

Hello BP Community!

I am a budding buy and hold investor in San Antonio, Texas. Wanting to buy SFR.

When buying properties (non-mls, no agents) i gather i need to use the standard TREC forms for 1-4  Family Residential purchase.  A couple Questions:

  1. what addenda are needed to be submitted to the title co. along with the contract itself, if any?
  2. Are there any tips for filling the form(s) out?  Some of it seems straightforward, but other parts I'm unsure if it applies to all deals, deals using agents, etc.
  3. Should the form be filled out prior to meeting with sellers or after there has been some discussion and a verbal offer has been made?

I want to buy my first deal very soon and i seem to be getting hung up on the paperwork.

Thanks,

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