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Updated about 4 years ago on . Most recent reply

Buying direct to Owner in Texas
Hello BP's
What is the process to buy a property direct from owner in TX?
I have purchased several properties using RE agent, but now I am looking to buy direct from owner, should I use the Texas regular contract?
"ONE TO FOUR FAMILY RESIDENTIAL CONTRACT (RESALE)" - Regular form
And then call the Title company and inform the intent of purchase?
Thanks for your support and guidance!!
Sal - El Paso TX
Most Popular Reply

Yes, you are on the right path. Finding the property and negotiating a price that works for both you and the owner is the difficult part. For the contract, just like you say, I'd use the TREC contract, then open escrow with a title company.