Buyers: Don’t Let Real Estate Myths Limit Your Search

Buyers: Don’t Let Real Estate Myths Limit Your Search

With a decision as big as a real estate transaction, you’ll want good advice from people you can trust. Your friends and family may not have all the answers—in fact, they may give you outdated or incorrect information. Your REALTOR® s a trusted professional who deals with real estate issues every day. REALTORS® can help…

How Does the Addendum for “Back-up” Contract Work?

How Does the Addendum for “Back-up” Contract Work?

Some buyers may not know what happens after signing a backup contract on a property. The Addendum for “Back-Up” Contract (TXR 1909, TREC 11-7) explains how and when important actions take place. Buyers must pay the earnest money and any option fee within three days after the backup contract’s effective date, just like a primary contract. The…