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Texas resale contract 2025

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The document is a residential real estate contract for the sale of a property located at 123 Main Street, Houston, Texas. It outlines the agreement between the seller, Sam Seller, and the buyer, Bill Buyer, including details about the property, sales price, financing options, earnest money deposit, title policy requirements, and conditions regarding inspections and repairs. The contract specifies obligations of both parties at closing and includes provisions for default and dispute resolution.

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Versions	Form popularity	Fillable & printable
2014	4.9 Satisfied (54 Votes)
2011	4.4 Satisfied (249 Votes)
2011	4.4 Satisfied (576 Votes)
2010	4.3 Satisfied (119 Votes)
2008	4.4 Satisfied (443 Votes)

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the 40 or 48 rule in Texas?

There is also the 40 or 48 Rule contained in Property Code Section 5.066(a): if the buyer has paid in 40% or more of the purchase price, or the equivalent of 48 monthly payments, then a 60-day notice is required and, if the default is not cured, a traditional foreclosure (not an eviction) must be used to regain title.

Is a handwritten contract legally binding in Texas?

Texas While handwritten agreements are valid, some transactions require additional documentation for enforceability.

What is a typical earnest money offer?

The amount of earnest money deposit varies widely, but generally, it ranges from 1% to 5% of the purchase price. Usually, the buyer and seller agree on the amount that should be paid. A seller may suggest an amount, or they might wait to see what you offer.

What is the earnest money rule in Texas?

Earnest money deposits are usually 1% to 3% of a homes purchase price. For example, a $300,000 home will require an earnest money deposit between $3,000 to $9,000. Your real estate agent may recommend a different percentage depending on local practices and current market conditions.

What is the average earnest money in Texas?

Typical earnest money in Texas is 1% of the purchase price, but for in-demand markets like Dallas-Fort Worth and Austin, earnest money of 2% (or more) may be required to beat other offers the seller may receive. In hotter markets, earnest money deposits can go as high as 10% of the purchase price!

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How much earnest money is normal in Texas?

Typically, the amount of earnest money put down for a deal ranges from 1 to 5% of the value of the land or property price. However, these numbers arent set in stone and are negotiable between the buyer and the seller.

Can I write my own real estate contract in Texas?

There is no standard residential real estate contract in Texas, at least not in the sense that any particular form is required. Contract forms published by the Texas Real Estate Commission (TREC) and Texas Realtors (TXR) are commonly used; however, they are optional.