Texas Residential Owner-Finance Contract
Budget: $250 – $750 USD
I need a clean, attorney-grade owner-finance contract drafted for a single-family residential property in Texas on 200 acres. The document must comply with all relevant state statutes, disclosures, and recording requirements so that once signed it is immediately enforceable without further revision.
Key elements I want embedded up-front:
• Any disputes within the first 5 years must be addressed and agreed upon by both parties
•Seller may hunt with notice to buyer
• The buyer alone will handle all ongoing property maintenance.
• A clear, enforceable section detailing the consequences of default—covering late payment penalties, notice periods, and the seller’s remedies in line with Texas Property Code.
• Buyer must refinance within 5 years
Total purchase price: 1,440,000 and every monthly note paid during the 5 years goes toward the 1,440,000.
• monthly note $8,000 month
I’ll provide the property details, buyer/seller information, and any numeric figures you need as soon as we start. Deliver the final agreement in both editable Word and ready-to-sign PDF formats; include any ancillary documents (e.g., deed of trust, promissory note) if they are customarily paired with an owner-finance package in Texas.
I’ll consider the job complete once the contract meets Texas legal standards, reads clearly to a layperson, and is ready for execution and filing.
Key elements I want embedded up-front:
• Any disputes within the first 5 years must be addressed and agreed upon by both parties
•Seller may hunt with notice to buyer
• The buyer alone will handle all ongoing property maintenance.
• A clear, enforceable section detailing the consequences of default—covering late payment penalties, notice periods, and the seller’s remedies in line with Texas Property Code.
• Buyer must refinance within 5 years
Total purchase price: 1,440,000 and every monthly note paid during the 5 years goes toward the 1,440,000.
• monthly note $8,000 month
I’ll provide the property details, buyer/seller information, and any numeric figures you need as soon as we start. Deliver the final agreement in both editable Word and ready-to-sign PDF formats; include any ancillary documents (e.g., deed of trust, promissory note) if they are customarily paired with an owner-finance package in Texas.
I’ll consider the job complete once the contract meets Texas legal standards, reads clearly to a layperson, and is ready for execution and filing.