Residential Real Estate - Buy / Sell

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Financing A House FAQ
Are you thinking about purchasing a house? Chances are you'll need a loan. There's important information you should know about obtaining a home loan. The US Department of Housing and Urban Development (HUD) has information on its website to help guide you through the process. Here are some frequently ... Read more

Real Estate Home Shopping and Offer to Purchase FAQ
Is purchasing a home that has a home warranty a good idea? My offer has been turned down even though I can afford, and offered, the asking price. Am I being discriminated against? Our home was newly constructed, but it seems we've bought a lemon rather than our dream home. Should I work with a real estate ... Read more

Selling a Home FAQ
Can I stay in the house longer than the date stated on the purchase agreement? Do I have to accept an offer made on my home? I think I can get a higher price for my home than the offer I accepted. Can I back out of the deal? I've decided I want to take some items in the house that were originally to ... Read more

Property Assessments: What Homeowners Need to Know
Homeowners should check the rules of their particular county for the rules regarding property assessment. In general, a homeowner needs to know: How is my property assessed or reassessed? Most states and counties have rules about when property values should be reassessed. Some states are on a specific ... Read more

RESPA Reforms to Take Effect
If you’ve ever purchased a home or participated in a real estate closing, most likely you were overwhelmed with the amount of paperwork involved. You may have been even more dismayed with the extra costs involved. Between the costs for attorneys’, brokers, title companies and lenders, real estate ... Read more

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Residential Real Estate Questions

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I'm sorry to hear about your grandmother's passing.  If she owned the house in her name alone, someone will need to open an estate for her in order to transfer ownership of the home to someone el ...Read more

Yes, you can use either a quitclaim deed or a trust transfer deed to transfer the home back into the trust.  Complete a preliminary change of ownership report and submit it when you record the de ...Read more

It is possible.  Go to the county clerk and see what is recorded.

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Risk of Loss When a Residential Property is Under Contract for Sale

When a residential property is under contract for sale, what happens if the home is damaged or destroyed before the close of escrow? The default rule is that the seller bears the risk of loss unti ... Read more

Texas Property Taxation (Part Two)

There are two types of protests normally available to a homestead exempted property owner: (1) determination of the appraised value of the property; and (2) unequal appraisal of the owner’s pr ... Read more

Eviction Notices Required for the Holdover Tenant in Texas

In Texas, a landlord is sometimes faced with a tenant who "holds over" after the expiration of the lease term. In such event, the landlord wishing to regain possession of the leased premises ... Read more

Texas Property Taxation - Part One

The State of Texas’ power to tax does not come from the U.S. or Texas Constitution. It is an inherent power associated with the sovereignty of the state. On the other hand, the taxing power of ... Read more

Ownership Transfer Restrictions

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