There is a lot of paperwork when buying and selling real estate. Here is a simplistic breakdown of common documents and how paperwork gets done. Same contracts and forms are used in all transactions in Texas.
| Paperwork | Created By | Distributed By | Completed By | Parties | Format | Signing Method | When |
|---|---|---|---|---|---|---|---|
| Listing Details and Market Analysis | MLS | USCityhomes | Seller | Seller | Web Form | None | After Payment |
| Listing Agreement | TAR | USCityhomes | USCityhomes | Seller, USCityhomes | Electronic Signature | When Listing is Live | |
| Sellers Disclosure, T-47, Survey, Other Disclosures | TAR, TREC | USCityhomes | Seller | Seller | Electronic Signature | When Listing is Live | |
| Loan Application and Conditional Approval | CFPB, Lender | Lender | Buyer | Buyer, Lender | Electronic Signature | Before Offer | |
| Offer and Contract | TREC, MLS, TAR | Buyer Agent | Buyer | Buyer, Seller | Electronic Signature | At Execution | |
| Home Owner Association Certificate | HOA | Title Company | HOA | Buyer, Seller | None | After Execution | |
| Title Commitment and Policy Disclosure | Title Company | Title Company | Title Company | Title Company, Buyer, Seller | Notary at Closing | 20 days after Execution | |
| Loan Agreement | Lender | Lender | Buyer | Buyer, Lender | Electronic Signature | At Closing | |
| Buyer Closing Disclosure | CFPB | Lender | Lender | Buyer, Lender | Electronic Signature | 3 days before Closing | |
| Seller Closing Disclosure | CFPB | Title Company | Title Company | Seller, USCityhomes | Notary at Closing | Before Closing | |
| Deed Transfer and Closing Documents | Attorney of Title Company | Title Company | Title Company | Buyer, Seller | Paper | Notary at Closing | At Closing |
Consumer Financial Protection Board (CFPB)
Texas Real Estate Commission (TREC)
Multiple Listing Service (MLS)
Texas Association of Realtors (TAR)
Home Owner Association (HOA)
Portable Document Format (PDF)
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