by David Bedrosian | Oct 25, 2022 | 1031 Exchange, and or assigns, assignment, brokerage, Florida Real Estate Information Blog, Investment, Real Estate, Real Estate Investing, wholesale
Governor Abbott Has Signed SB 2212
SB 2212 amends Chapter 1101 to codify the clarifying changes to TREC rules regarding sale of certain equitable interests in real property. Wholesaling is Brokerage
Just like the rule, this statutory change clarifies that a person selling or offering to sell an option or assigning an interest in a contract to purchase real property must accurately disclose to potential buyers the nature of the interest offered. If a person offers a property for sale when the person does not own the property, that person is engaged in brokerage and must be licensed to do so. This is the current law. Wholesaling is Brokerage
If a person offers to sell an option or assign an interest in a contract on a property, the person must accurately describe the interest being offered. The same requirement for accuracy is added in the Property Code. The practice of “wholesaling” remains legal if these “truth in advertising” rules are adhered to. Wholesaling is Brokerage
If your are a UN-Licensed wholesaler you are breaking the law and have been with every assignment or contract you have sold, look out you could easily be liable for any past transactions! If you have not found an expert REAL ESTATE BROKER who understands this and can help you stay in business you can call us Today! 321-229-1217. If you are about to or thinking of buying from a wholesaler STOP! It is imperative you call us before you find yourself on the hook for a home without the proper disclosures and notices. Call 321-229-1217
by David Bedrosian | May 8, 2018 | Florida Communities, Real Estate, Real Estate Investing
Lake Buena Vista Resort is Just minutes from Walt Disney World, SeaWorld Orlando, and Universal Studios & Islands of Adventure.
Great for Second Home/Resort Buyers and Investor Owners – Financing Available. Resort pricing from the low $200s.
Lake Buena Vista Resort features fully furnished, luxury condominium-style suites, with all the comfort and space of home. Choose from two, three and four bedroom suites from 1,080 to 2,170 square feet. Pricing from the low $200s.
Seller Financing – Developer is offering seller financing with 30% down and 5% interest a year for five years. Immediate approval. Welcome local and foreign national investors.
All condos come fully furnished, fully equipped kitchens which include all appliances, granite counters and washer and dryer. Dining and living room area with large screen televisions, private balcony and beautiful bed(s) and bathroom(s) each equipped with all the comforts of home, including wired high speed internet access and a Jacuzzi Roman tub in each master bath.
The resort village hosts a world-class, signature, health spa offering a diverse menu of spa services in a serene setting to pamper, indulge and rejuvenate.
Take advantage of amazing shopping experiences, pampering spa treatments or a dip in one of the pools for fun and relaxation. The perfect place to own your vacation home in Orlando, Florida.
Amenities include a state-of-the-art fitness center, convenience store with Pizza Hut, outdoor heated pool and Jacuzzi and Frankie Farrell’s Irish Pub & Grille, A full service spa, clubhouse with retail stores, children’s playground, Poolside bar and grill, Game room, meeting facilities, business center and concierge.
Ask about Financing and Lease back Programs
Read more about Lake Buena Vista Resort here: https://www.lbvorlandoresort.com
Ready to lean more or to preview this property? Call or message me now!
