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In this video, Janet Allen from Republic Title and Charles Kramer, a former chairman of the broker lawyer committee at the Texas Real Estate Commission, discuss upcoming changes to the Trek one to four single-family contract. The most significant change highlighted is in paragraph 3A, which will clarify that a cash offer must genuinely be a cash offer, free of financing or contingencies. Additionally, if an offer is contingent on financing, an extra box will be added in the third-party financing addendum to specifically accommodate hard money loans and financing, indicating a substantial shift in how such offers are documented.