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

Feds Consider Home Finance Reform
  The Obama Administration will present Congress with a plan by January 2011 to reform the nation's home financing system Restructuring or replacing Fannie Mae and Freddie Mac may be part of the plan Critics urge a more balanced housing policy that puts less emphasis on homeownership and better supports ... READ MORE

Home Inspections are Good for Buyers & Sellers
Buying and selling a home has always been a big deal for both sides of the transaction. On one end, it's the single biggest investment most buyers will ever make. For sellers, it's a matter of making money on their investments and, usually it has to happen before they can buy another home. When the economy ... READ MORE

No Shortage of Home Buying Options, or Risks
Hiring a real estate broker or searching the newspaper ads or real estate magazines are some of the common and traditional ways buyers look for real estate and homes. There are many other options, though. Many aren't new, but they're becoming increasingly popular as the US economy and housing market ... READ MORE

Obama Plans Cash for Caulkers
These chilly winter mornings have many homeowners turning up the thermostat and cranking up their heating bill. President Obama has proposed a plan to help homeowners plug drafts and lower heating costs. Called Cash for Caulkers, the program would pay back homeowners up to $12,000 to make their homes ... READ MORE

Reverse Mortgages: The High Price of Cash Now
It's the 15th of the month, and the creditors are calling. Your mortgage payment is due. Your loan payment is due. Your insurance bill, your car payment, your credit card bills, the doctor's office, the department store…something's gotta give. But what? Is a reverse mortgage the answer? For those over ... READ MORE

 

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Residential Real Estate Questions

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You should tell the realtor you had a change of heart.  They may ask if you have a potential buyer already. If you do, they'll probably want to be paid something if the sale goes through.  I ...Read more

The only way to answer your question is to review the contract. Unlike most other legal matters, in actions for breach of contract the prevailing party is usually able to recover legal fees and possib ...Read more

Dear A,   If she can't get him to sign, she will have to sue for partition and force a sale. It is unwise to buy property jointly outside of a marriage without a separate agreement re the prope ...Read more

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Old Judgment Liens Clouding Title to my Homestead

I have written before about the Texas homeowner who discovers (after starting the process of selling the home or refinancing the home) that there exists an old judgment that “clouds” title ... Read more

What are my options and next steps?

Q: I am writing on behalf of my mother. She purchased a house in Georgia with her daughter approximately 8 years ago. Due to her daughter neglecting her health and well- being she came to live wi ... Read more

Kansas Eviction Process and Timeline

KANSAS EVICTION PROCESS AND TIMELINE In Kansas, eviction proceedings are one of the few areas of law that has its own procedure and timelines that were set by the legislature and must be strictly adhe ... Read more

Investing in Saint Barth to Make Your Dream Come True?

Saint Barth, also called Saint Bart’s (“Saint-Barthélemy” in French) is an island of small dimensions, but it has already proved promising when it comes to real estate investmen ... Read more

Texas Legislative Issues/News: Regulating short term rentals

Texas Legislative Issues/News: One of the issues being dealt with in the current session of the Texas state legislature concerns regulations of short-term rentals by individual local governments, such ... Read more

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