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Contingencies | Mission Minded Realty Blog

Wednesday, March 8, 2023   /   by Jamie Sturgill

7 Costly Texas Real Estate Contract Mistakes You Can't Afford to Make

Texas real estate contracts can be complex, with many legal terms and clauses that can be easily misunderstood or overlooked. Unfortunately, even a small mistake in a real estate contract can end up costing you a significant amount of money. In this blog, we will discuss some of the most common Texas real estate contract mistakes that can cost you a lot of money.

Failing to Get the Contract in Writing

One of the most significant mistakes you can make in a real estate transaction is failing to get the contract in writing. Verbal agreements are not enforceable in Texas real estate law, which means that if there is a dispute, you will not have any legal recourse. Always get the terms of the agreement in writing, and make sure that all parties involved sign the contract.


Not Reviewing the Contract Carefully


Another common mistake that can cost you a lot of money is failing to review the contract carefully. Real estate contracts can be lengthy, and it is crucial that you rea. ...

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