Every state has its own real estate laws and customs, and Texas is no exception. Whether you're relocating from another state or buying your first home here, understanding the Texas-specific process will help you move confidently from offer to closing.
The TREC Contract
All residential real estate transactions in Texas use contracts approved by the Texas Real Estate Commission (TREC). These standardized forms protect both buyers and sellers and outline the terms of every transaction: purchase price, earnest money, financing terms, property condition, and closing timeline.
As your REALTOR®, I'll walk you through every paragraph so you understand exactly what you're signing.
Earnest Money and the Option Period
When you make an offer in Texas, you'll submit two checks: earnest money (typically 1% of the purchase price) and an option fee (usually $100–$500). The earnest money is held in escrow and applied at closing. The option fee purchases you an "option period" — typically 7–10 days — during which you can back out of the contract for any reason without forfeiting your earnest money.
This option period is your due diligence window. Use it wisely: schedule your inspection, review HOA documents, and evaluate any concerns with the property.
The Home Inspection
Texas home inspectors are licensed by TREC and follow a strict standards of practice. A thorough inspection covers the roof, foundation, HVAC, plumbing, electrical, and more. Plan to attend in person if possible — a good inspector will explain findings in real time.
After the inspection, you can request repairs, a price reduction, or a closing credit from the seller. If the issues are too significant, you can terminate during the option period and receive your earnest money back.
Title and Survey
Texas requires a title search to ensure clear ownership of the property. Title insurance protects you from any claims against the title that were missed during the search. Additionally, most lenders require a survey of the property — a map showing the property boundaries, easements, and improvements.
Closing Day
Texas closings take place at a title company, not in an attorney's office (unlike some eastern states). You'll sign a significant amount of paperwork, pay your closing costs and down payment, and receive the keys. The entire closing appointment typically takes 1–2 hours.
After closing, the deed is recorded in the county records and the home is officially yours. Congratulations — you're a Texas homeowner.
I guide every buyer through this process step by step. Questions along the way? Reach out anytime — I'm always available to help.