Question 1

Do I need a real estate license to wholesale in Denton?

Accepted Answer

No, but you have to disclose your equitable interest in writing on both sides of the deal. Texas Occupations Code 1101.0045 lets you assign a purchase contract without a license, as long as you don't use it to broker and you give written disclosure of your equitable interest to the seller and the potential buyer. Since SB 1577 took effect on January 1, 2024, that written notice has to go to both, not just the buyer. Skip the disclosure and the statute treats it as unlicensed real estate brokerage, so get the paperwork right before you assign or double close on a Denton or Aubrey property.

Question 2

Does a double close on a Denton County wholesale deal cost me transfer tax on both legs?

Accepted Answer

No. Texas has no transfer tax, and the constitution bars the legislature from creating one. Article VIII, Section 29 of the Texas Constitution, added in 2015, prohibits any law imposing a transfer tax on a transaction conveying fee simple title to real property. So whether you assign the contract or run two separate closings on your A-to-B and B-to-C legs, there's no state transfer tax on either leg, in Denton or anywhere else in Texas. We found no Texas statute prohibiting a double close, but that is not the same as a legal opinion that yours is structured correctly: run the structure past a Texas real estate attorney.

Question 3

Does the Denton County courthouse foreclosure auction feed the wholesale pipeline?

Accepted Answer

Yes, on a fixed monthly cadence you can plan around. Texas non-judicial foreclosure sales happen the first Tuesday of every month, 10 a.m. to 4 p.m., at the county courthouse (or a commissioners-court-designated alternate location), on at least 21 days' notice. That means distressed basis for a Denton County assignment or double close surfaces on one predictable day a month rather than trickling in through a court docket. We haven't confirmed whether Denton County's commissioners court has designated an alternate sale location away from the courthouse, so verify the exact venue before you show up.

Question 4

Will my title company charge a different premium on a Denton double close than elsewhere in Texas?

Accepted Answer

No. Texas title premiums are set by the state, not the title company. The Texas Insurance Commissioner is required to fix and promulgate title insurance premium rates statewide, so the owner's policy premium on a given policy amount is identical at every title company in Denton, Dallas, or anywhere else in Texas. Competition happens on escrow service and closing fees, not on the base premium, so there's nothing to shop for on the title side of a Denton double close.

Question 5

Where's the distressed inventory coming from for a Denton County assignment right now?

Accepted Answer

The US-380 corridor towns, where values have corrected the hardest. As of mid-2026, Aubrey, Little Elm, and Pilot Point are down 7% to 8% year over year on Zillow's home value index through June 2026, while Flower Mound and Highland Village in the county's south are nearly flat. That gap is where a wholesaler finds sellers motivated enough to move on an assignment or double close, and it's also the part of the county where new-build supply landed hardest.

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