In a real estate transaction, a contingency clause may be used to provide certain protections. Generally, these clauses help the buyer. A contingency clause protects them from agreeing to something that they would later regret. For example, perhaps you’ve been looking...
Real Estate Law
What are adverse possession laws?
It’s a nightmare scenario - someone else takes possession of your property without your permission. It sounds like something that could never happen in Texas. However, due to adverse possession laws, it’s exactly something that could happen. Knowing the details of the...
3 reasons your property title might end up in disputes
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...
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...