If you're selling a home in Texas, especially a probate property, there’s a new law you need to know about.
As of 2024, buyers who plan to assign your contract to someone else must disclose that intention in writing, before the assignment occurs. This includes wholesalers, investors, and anyone planning to transfer their “equitable interest” for a profit.
Buyers must tell the seller when they are selling a contract, not buying a house.
What this means for you:
✅ A buyer cannot quietly flip your contract to another investor
✅ You must be notified if someone else will close instead
✅ You deserve transparency—especially when evaluating “cash offers”
✅ Wholesaler profits should not be hidden from you
As an attorney and real estate broker, I implement a full Assignment Disclosure Protocol for my sellers to ensure you understand:
- who is actually buying your home
- whether the cash is real
- whether an assignment is happening behind the scenes
- whether an investor is profiting off your equity
Legacy matters. Equity matters.
Transparency protects both.
If you're selling a home in Texas and want to make sure your offer is legitimate, not an undisclosed assignment, reach out.
