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In this video, Janet Allen from Republic Title interviews Charles Kramer, a council member and former chairman of the broker lawyer committee at the Texas Real Estate Commission. They discuss significant upcoming changes to the Trek one to four single-family contract, particularly focusing on paragraph 3A. The key change clarifies that a cash offer is strictly a cash offer without any financing contingency. For offers contingent on financing, an additional box has been added in the third party financing addendum to specifically address hard money loans and financing. This amendment is anticipated to have a substantial impact on real estate transactions.