Legal Question in Real Estate Law in Texas
i'm buying a real estate property financed by owner. he wants 20k upfront and the other 70k financed. what legal paperwork should be signed for this type of transaction to prevent ANY misunderstandings or any issues regarding the owners death or any probable occurances.
Asked on 8/18/09, 11:32 am
1 Answer from Attorneys
Get a title policy and have a title company do the closing. No exceptions. You should also have a law office draw up a sales agreement.
Answered on 8/25/09, 12:06 pm
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