Real Estate Sales and Brokers License, Compliance and Opportunity

In working with MY sales agent license, approved by TREC (Texas Real Estate Commission) there’s a lot of the usual, as we call it these days, COMPLIANCE.  However, remember that this is also an OPPORTUNITY, since the agent has the opportunity to complete the transaction, get paid, and actually reduce or remove liability by ensuring compliance with the TREC rules.

Much of the information that you might need comes from TREC in their posts.   However, this website and blogpost, http://www.texasbrokersponsor.com/blogcompliance

Keeps track of may compliance issues.

 

 

New Location for Foreclosure Auction and Bid Purchases in Bexar County

For a few months the Buyers, Bidders, Trustees, and Sheriffs have been meeting at a new location, on the First Tuesday of the month, of course, for the foreclosure sale. This is much better than the cramped stairway at the Courthouse, or the Federal building, with its undependable elevators. There is no protection from rain, or Summer heat, though, so it makes bidders work for their bargains. It is actually alongside the old Main Street between the Courthouse and the Elizondo Tower and Justice Center.

The “legal description” is: Bexar County in San Antonio, Texas, at the following location: the Courthouse, between the Bexar County Courthouse and the Paul Elizondo Tower near the intersection of E. Nueva Street & S. Main Avenue.

Some of the properties available are on this site:

https://www.auction.com/residential/tx/san-antonio_ct/

Tagged as: attorney, foreclosure, real estate, repossession, san antonio, taxes, texas

Residential (Non-Commercial) Real Estate Sales and Closings

Friends,

Another prospective client called the office recently, asking for legal counsel and assistance on a real estate closing transaction.

This office has had a set price for that type of transaction for some years. In sending this gentleman an email about hiring this office, I put in the general terms that I would use for anybody. With putting them in this post, I can inform the public, and copy those statements back for future prospects.

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Thank you for calling about handling a contract for the sale of real estate. As stated on the phone, our office usually handles a non-commercial transaction for $950 in fees, not including any filing fees, or other costs, taxes, certificates, surveys, title insurance, etc.

On these, I expect that to be a set price for any and all work that this office can do the counsel on the sale, from prospective contracts, counseling on inspectors, surveyors, etc,, reviewing contracts and title reports, preparing deed, note, deed of trust,closing statement, etc., if needed, and closing at this office is needed. There is probably some sensible limit if this goes on and on, with multiple buyers, etc, but we really haven’t ever hit that.

Please send me information as to the location, tax receipt, last deed if you have it. [Guadalupe/Wilson/Real/Atascosa/Frio County] doesn’t have quite the availability of documents that Bexar County has.

We can start with a down payment of $450, and with paypal charges of about $10, that can be paid at the bottom of the page on www.mysanantoniolawyer.com.

Please contact me with comments or questions.

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And that goes for you, too.