Check Spelling In Legal Texas Real Estate Closings Forms For Free

Property Deed ? The deed is a legal document that confirms the ownership rights of a home. It's a physical document signed by both the seller and the owner. This document is normally mailed to you after the title transfer has been recorded in your county's public records office.

The most important originals are the purchase agreement, deed, and deed of trust or mortgage. In the event originals are destroyed, you might be able to get certified copies of these documents from the lender or closing company, but you don't want to rely on others' recordkeeping systems unless you have to.

A Closing Disclosure is a five-page form that provides final details about the mortgage loan you have selected. It includes the loan terms, your projected monthly payments, and how much you will pay in fees and other costs to get your mortgage (closing costs).

However, the most important documents in real estate are offers, agreements, and contracts between the buyer and seller.

As public records, contract forms adopted by the Texas Real Estate Commission are available to any person. Real estate license holders are required to use these forms. However, TREC contract forms are intended for use primarily by licensed real estate brokers or sales agents who are trained in their correct use.

Mortgage and Promissory note or Deed of Trust: The final step in the financing process is to sign loan documents. These documents will take the form of a mortgage, promissory note, and/or a deed of trust depending on your market and the lender's requirements.