Seller agrees to sell and convey to Buyer and Buyer agrees to buy from Seller the Property defined below. 2. This is a guide to writing an offer on a "Bank Owned" or corporate property, (Otherwise known as an REO).In this video, we're going to walk step-by-step through the 10 pages of the TREC One to Four Residential Resale Contract (Form No. Complete, ready-to-be-signed legal documents. If you have decent credit then FHA will cost you more in the long run over a conventional loan. In the context of a real estate sale, proration means dividing the costs - particularly the property tax obligations, between the seller and buyer. Complete Final Forms and Prepare for Court. • Fill out the Final Decree of Divorce form and sign it. A mortgage lien, for example, is specific to the house you took a mortgage loan on. Most Texas property deeds have the same general requirements to complete the transfer of a deed from one person or entity to another.