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In this video, Janet Allen of Republic Title speaks with Charles Kramer, former chairman of the broker lawyer committee at the Texas Real Estate Commission, about upcoming changes to the Trek 1-4 single-family contract. The most significant change will be in paragraph 3A, clarifying that a cash offer must be a true cash offer without any financing contingencies. If an offer is contingent on financing, a new box in the third-party financing addendum has been added to accommodate hard money loans and financing. These modifications will have a substantial impact on how offers are presented and understood in real estate transactions.