Transactional Funding in College Station

Two, and neither one requires a license. Texas Occupations Code section 1101.0045 lets you acquire an option or a contract interest and assign or sell it without a license, provided you don't use it to broker deals and you disclose the nature of your equitable interest in writing. Since a 2023 amendment took effect on 2024-01-01, that written disclosure has to go to both the seller and the potential buyer, not just the buyer as under the original 2017 version. Skip the disclosure and the statute treats what you did as unlicensed real estate brokerage. That rule applies the same way on a Bryan-College Station assignment as anywhere else in the state. Texas has a second disclosure statute that older templates miss: Property Code section 5.0205 requires its own written notice before you enter into the contract to sell an option or assign a purchase contract, telling the potential buyer that you are assigning an interest and do not hold legal title, and telling the property owner that you intend to assign. It is a separate duty from the 1101.0045 disclosure, not the same one restated.

No Texas statute prohibiting double closings has been found. A double close, two separate deeds on an A-to-B and a B-to-C transaction, is not the same event as an assignment, so it doesn't trigger the same 1101.0045 written-disclosure requirement in the same way. What does govern the mechanics is the good funds rule: Texas Insurance Code section 2651.202 and TDI Procedural Rule P-27 bar a title agent from disbursing out of an escrow or trust account until good funds for that disbursement have been received and deposited. That is the reason the A-to-B leg needs its own committed capital rather than the buyer's money that hasn't landed yet. It is a statewide rule, and how any individual title company applies it to your file is a question for that company, so ask before you count on a same-day turn. See the transactional funding program for how we fund that leg.

No. The Texas Constitution, article VIII, section 29, added by voters in November 2015, bars the Legislature from enacting any law that imposes a transfer tax on a transaction conveying fee simple title to real property, effective for transactions after January 1, 2016. That's a constitutional bar, not just an absent statute, and it applies to both legs of a double close the same way it applies everywhere else in Texas, including Brazos County. The one carve-out is a tax on the issuance of title insurance itself, which is not barred.

The Brazos County Clerk in Bryan, since both College Station and Bryan sit in Brazos County. Recording a deed there costs $25 for the first page and $4 for each additional page, plus $0.25 per grantor or grantee name indexed beyond the first five, on a schedule effective January 1, 2024. That is not a Brazos County quirk, it is the common Texas rate: Travis County publishes the identical numbers. The county's published schedule has no separate category for an assignment of contract, so an acknowledged assignment prices like any other instrument on the general schedule. Texas has 254 counties, each with its own clerk, so a deal that closes up the Highway 6 corridor in Grimes or Burleson County records with that county's clerk instead.

It can, because distressed inventory here turns over on a fixed monthly clock, not a court calendar. Texas is a non-judicial, deed-of-trust state under Property Code section 51.002: sales happen at the county courthouse between 10 a.m. and 4 p.m. on the first Tuesday of the month, after at least 21 days' notice. On non-owner-occupied investment property, there's no residential 20-day cure notice, so the floor from default notice to sale can run close to 21 days. If your A-side contract is tied to a Brazos County foreclosure sale or a fast-turning distressed listing, that timeline is why the A-to-B leg needs capital committed before the first Tuesday, not after.

Yes, and it is a Texas rule, not a Brazos County one. Senate Bill 16 from the 2025 second called session amended Local Government Code section 191.010(b): starting January 1, 2026, a county clerk must require photo identification from anyone presenting a document in person for filing in the real property records, and must copy or record information from that ID. The same bill requires clerks to report documents filed after that date and later reported as fraudulent to law enforcement, along with the filer's ID information, and it created Penal Code sections 31.23 and 32.60, making real property theft and real property fraud second-degree felonies below $300,000 in value and first-degree felonies at or above it. If you or a courier hand-file the A-to-B deed anywhere in Texas, bring ID.

Title and the ordinary closing line items. We fund up to 100% of the purchase on the A-to-B leg. Pricing is a flat fee, not a rate, and there is no credit check and no appraisal on this program. Closing costs in Brazos County include recording at $25 for the first page and $4 for each additional page, the same as most Texas counties, plus title. Subject to underwriting.

Days, not weeks. Transactional funding is priced and structured for a simultaneous close, where the B-to-C proceeds retire the A-to-B leg the same day or close to it. That is why the good funds rule drives this file: a title agent cannot disburse until good funds for that disbursement have landed, so the B side has to be real and ready before we wire the A side. Up to 100% of the purchase, on a flat fee. If your B buyer needs weeks instead of days, that is a different loan and we will say so. Subject to underwriting.