Found a property now what?

[Federico Curiel]

I've been doing the "Drive for Dollars" and realized that I wouldn't know what to do if I did find a motivated seller. If I have someone who agrees to sell what's next? Are real estate agents involved or are there forms I can do? If I do the forms myself what do I do next? Thank you.  I'm in DFW Texas if that helps.

[Nick B.]

You can use TREC contract form. It's a couple of pages long and has all boilerplate language. All you need is to fill the blanks and add whatever special provisions you and the seller agreed on.

Then you bring this contract to the title company. They'll open the escrow and guide you through the rest of the process. 

On the closing date you will have to sign the closing statement at the title company office and wire the money into the escrow account. 

The seller will do their part on the same day. You don't have to be at the same place at the same time.