Purchase and Sale Agreement

[Tierra Lacy]

How do I know which contract to use when wholesaling real estate in Texas. I have found some forms on TREC website but I don’t know which one to use.

[Hector Perez]

@Augustin Tommy Jr. its very simple, just have to read the agreement and fill out the blanks. if some of the clauses does not apply to you, just put N/A or none.

make sure to put property address in all pages

In the first page, write down your name and seller name, along with property address, and county description of property for LOT and Block, this info is available in your county

Then in sales price just put he value as cash, leave blank financing amount

For earnest money, I always put $10 and the title company information that I am using

For Title and survey, I always place as Buyers Expense when wholesaling

IN PAGE 2 - I usually leave blank, but you can place as Buyers expense or seller expense

In objections I leave blank or none

The rest of the pages are self-explanatory you just have to read the contract