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TALCB Division

Clayton Ripley

Clayton Ripley, CPA of Austin is the vice president of HOLT Aerial and managing director and owner of Town Lake Capital Management. Ripley is also the managing director and owner of Buffalo Gap Capital Partners and BGCP Holdings. He is a member of the Texas Society of Certified Public Accountants. Additionally, he is a board member and treasurer of the Texas Land Trust Council and member and usher of All Saints Presbyterian Church. Ripley received a Bachelor of Business Administration in Accounting from Baylor University.

22 TAC §537.62, Standard Contract Form TREC No. 55-0, Seller's Disclosure Notice

In the Commission’s recent Special-Purpose Review by the Sunset Advisory Commission, Sunset directed the Commission to update TREC Seller’s Disclosure Notice to: (i) provide a prospective buyer with information on whether the property is presently covered by insurance, including windstorm insurance, and whether the current seller has been unable to insure their property for any reason; (ii) inform a prospective buyer if there is a private road on or adjoining the property that the prospective buyer would be financially responsible for maintaining; (iii) provide a prospective buyer with info

New Process for Borrowers Who Want Their Appraisal Values Reconsidered

Submitted by Summer Mandell on Wed, 2024-07-03 16:04

Fannie Mae, Freddie Mac, and the Department of Housing and Urban Development (HUD) have created new guidelines for Reconsideration of Value (ROV) policies with clearer expectations for lenders, appraisers, and borrowers.

ROVs are used when borrowers wish to appeal an appraisal when they believe the opinion of value is unsupported, deficient because of unacceptable appraisal practices, or reflects discriminatory practices.

R. Chance Bolton

R. Chance Bolton is the Managing Partner of Bolton Real Estate Consultants LLC, a 50 year old commercial real estate appraisal company specializing in complex appraisal assignments throughout Texas. Additionally, he is the Owner/Broker of Bolton Real Estate Services, a commercial real estate brokerage firm. Mr. Bolton is a Texas Certified General Real Estate Appraiser and a licensed Texas Real Estate Broker.

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EMAIL: information@trec.texas.gov
PHONE: 512.936.3000
MAIL: Texas Real Estate Commission
P.O. Box 12188
Austin, TX 78711-2188

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