Purchase And Sales

Purchases: Earnest Money Contracts

Earnest money contracts are very different, or can be, according to what side you are on — the buying side or selling side. You need to make sure you have a contract that represents your interests.

You'll want to include:

  • Seller's disclosure — to have the seller disclose what he/she knows about the property
  • Option to terminate — to terminate the contract for any reason should you change your mind
  • Title policy — you do not, I repeat, you do not want to spend thousands of dollars and not be assured you are getting clear title, without any information that you are obtaining a survey
  • Review encroachments, reservations, easements, row taxes oil & gas & other minerals
  • Tax policy — to make sure the taxes are being paid, and should any taxes not be paid for any reason, the buyer would be covered

Sales

I can help you with:

  • Earnest money contracts (As I said earlier in the purchases section, earnest money contracts are very different, or can be, according to what side you are one – buying or selling.)
  • Taxes
  • Representing buyers, sellers, developers, builders
  • Oil & gas & other minerals

Transfers

Deed — no title policy

Irrigation districts

Be careful when purchasing property lying in an irrigation district. Sometimes, irrigation districts claim property which you thought you had purchased. Or the irrigation district may have an easement or right of way on your property

17 years experience in Texas transactions
Texas real estate broker