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Commonly Asked Questions about Legal Documents for Property Sales

Do I need a lawyer to sell a house by owner in Texas? The state of Texas does not require home sellers to be represented by a lawyer, whether a Realtor is involved or not. However, when youre selling without a professional agent, its very much worth considering.
To sell your house yourself in Texas, opt for a Flat Fee MLS company. Flat Fee MLS companies list your home on the MLS and help you sell your house by owner. Check out our rankings for the best Texas Flat Fee MLS companies.
Youll also want to keep the original documents in a safe place, as you might need to provide them when you later sell the house, have to make an insurance claim, or are in another situation where you need to prove ownership. The most important originals are the purchase agreement, deed, and deed of trust or mortgage.
Yes, indeed you can sell your house without a realtor in Texas. Many homeowners choose to go the For Sale By Owner route to save on commission fees and maintain control over the selling process.
FSBO sellers in Texas can use a service to have their home listed on their local MLS, often for a flat fee. Websites like Houzeo, FSBO and Texas MLS Broker offer MLS packages for owners selling without an agent. Some packages come with yard signs, and they can often be purchased at hardware stores too.
Youll need a variety of documents in order to sell your home. Some of the most important include your mortgage loan documentation, mandatory disclosures and the deed.
The Pros and Cons of Selling a Home For Sale By Owner Pro: Lower Commission Fees Con: No Pricing Strategy Pro: More Control Over the Sale Con: A Biased Opinion Pro: Insider Knowledge Con: Inaccessibility to Marketing Channels Pro: Full Dedication to Selling Your Home Con: Lack of Real Estate Knowledge
Identify the names and addresses of both the buyer and the seller. Detail the price of the property and the terms of the purchase. Set the closing date and closing costs. Detail any taxes and other related costs, and establish which party is paying those costs.