ConchoP (Texas)
Posts: 208
Posts: 208
Posted:
When buying or selling a property in Texas, the seller is required to provide the buyer with a resale certificate before the deadline specified in the purchase contract. The cost of this certificate is capped at $375
I understand that certain mortgage companies require a resale certificate and I've read that some HOAs charge for both resale certificates and statements of account. Does this imply that a seller or buyer can opt to pay for either a resale certificate or a statement of account? And is this charged each time there is a new buyer?
I understand that certain mortgage companies require a resale certificate and I've read that some HOAs charge for both resale certificates and statements of account. Does this imply that a seller or buyer can opt to pay for either a resale certificate or a statement of account? And is this charged each time there is a new buyer?