CFD in Texas - Posted by Steve

Posted by roger on October 23, 2003 at 24:44:59:

yes they prefer a deed of trust ,but have heard of people say the bought with CFD only a rumor for what its worth

CFD in Texas - Posted by Steve

Posted by Steve on October 22, 2003 at 21:24:26:

I understand that Texas frowns on contract for deeds. Is it still done anyway, or is there an alternative in this state?

Thanks.

Re: CFD in Texas - Posted by William Bronchick

Posted by William Bronchick on October 23, 2003 at 07:00:14:

Here’s a summary of the new law:

http://www.legalwiz.com/txcfdlaw.pdf

Personally, I don’t think it’s that bad - TX investors had it so GOOD for SO LONG that any regulations in this area seem disastrous. Fact is, it is still easier in TX than a lot of states.