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TEXAS IS A TITLE COMPANY CLOSING STATE

Investor Friendly Title companies normally handle closings. Conveyance is by warranty deed.

Deeds of trust are the most common security instruments.

Following the posting of foreclosure sales at the local courthouse for at least 21 days, the sales themselves take place at the courthouse on the first Tuesday of the month.

Texans use only Texas standard policy forms of title insurance.

Buyers and sellers negotiate closing costs.

There aren’t any documentary, transfer, or mortgage taxes.

Property taxes notices are send around October 1st, but are not due until the end of the year.

Texas is a community-property state.