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Janet Allen from Republic Title interviews Charles Kramer, former chairman of the Broker Lawyer Committee at the Texas Real Estate Commission. They discuss upcoming changes to the Texas Real Estate Commission's one to four single-family contract. The most significant change is in paragraph 3A, which clarifies that a cash offer must be devoid of financing contingencies. For offers that require financing, there will now be an additional option in the third-party financing addendum for hard money loans, resulting in substantial adjustments for agents.