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by RoyGBiv
Wed Jun 01, 2011 10:17 am
Forum: Off-Topic
Topic: Home Shopping....swallow pistol now
Replies: 37
Views: 4280

Re: Home Shopping....swallow pistol now

The TREC contract is PERFECTLY LEGAL for ANYONE to use, and simple.
"Intended for use by" is not a prohibition for anyone else.

Buying your first house it would be wise to involve a Realtor. There's lots to learn.
After that, it's up to you.... We used a Realtor for our first home in TX (not our first ever, but TX is bizarre).
Bought our current home FSBO with no Realtors involved on either side.
Transaction was smooth. Even had to negotiate a new price when the appraisal came back with a much smaller square footage than was advertised (we knew it would and had written that as a condition in our offer).

Each situation is unique.
by RoyGBiv
Tue May 31, 2011 8:27 pm
Forum: Off-Topic
Topic: Home Shopping....swallow pistol now
Replies: 37
Views: 4280

Re: Home Shopping....swallow pistol now

Texas title insurance is a state sanctioned criminal activity. You can't buy a house without it (not with a mortgage) but the price is not even close to commensurate with the effort involved.

I bought/sold several houses in NC before moving to TX. For a similar sized/cost home in NC, my title insurance was $210, vs more than $2,000 in TX.... Outrageous.

All the other documents are pretty similar wherever you go...

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