The title of the property outlines crucial information like who owns it, where it is located, title number and boundary marks. These are vital pieces of information if you are planning to sell or buy a property. They are also crucial when using the property in...
Real Estate Law
Possible problems your real estate contract can address
Buying a home should proceed without any drama. Unfortunately, some homebuyers encounter unexpected problems that delay the closing or derail the purchase entirely. This is something to consider when putting together your real estate contract. There are many possible...
Why you need a title search
When you purchase property, you typically need to pay for a title search. This process searches all the records associated with the real estate to look for liens and confirm ownership. Unfortunately, you cannot assume that the seller has the right to sell the...
What are inspection red flags to watch for?
Many people think that buying a new property comes with significant and unavoidable risks. However, this is not always the case. In fact, it is perfectly possible to lower the overall chance of risks happening by having a home inspection. Issues with foundation U.S....
What do party wall agreements do?
If you have been looking for your first or next home, you probably know how difficult it is to compete in today's red-hot housing market. Indeed, according to Realtor.com, the average price of single-family homes in the Dallas area has climbed by more than 15% during...
What are some common real estate scams?
If you want to purchase or sell property, you must be wary of various scammers. Real estate is one of the largest investments you can make and you want to protect your assets as much as possible. The Attorney General of Texas allows people to file complaints against...
How can I improve the curb appeal of my property?
As everybody knows, first impressions matter. This applies whether you are on an interview, on a date or in the front of your home. Keeping the curb appeal high on your property can help you hook a buyer or a tenant. Improving the curb appeal of your home or...
Actions to take when seeking mortgage modification
When it looks like you cannot make further payments on your mortgage due to financial difficulties, all hope is not lost. It is possible your bank will understand your situation and agree to change the terms of your mortgage. However, failing to keep up with certain...
What is a 1031 tax-deferred exchange?
As a rental property owner, there may come a time when you want to sell them and buy something new. When that times come, you could face serious tax issues. Kiplinger explains there may be another option called a 1031 tax-deferred exchange. The details A 1031...
Should you purchase an owner’s title insurance policy
If you are purchasing real estate, you have an option to purchase title insurance as part of the closing package. Your lender typically requires that you buy a lender's title policy. A lender's policy does not protect the rights of the owner. Title insurance requires...