Homeowners

How To Buy A House in Texas

From Contract to Close Real Estate 101 In case you plan to usher out the old year and welcome in the new with a real estate transaction, here is a little heads-up on the people and terminology involved.   In Texas we sell and purchase real estate only by a written instrument.  It just isn’t enough to say “Give me $200 and the North 40 is yours.”   The document that transfers ownership in real...

Property Owner’s Association (POA) – What You Need To Know

Defense of the Red Mailbox Reining in Your POA POAs are known for sending you pseudo- friendly letters taking issue with the color of your mailbox and placement of your trash can, and distinctly unfriendly letters regarding your past-due assessments.   The best ones are run by an experienced manager hired by a board made up of reasonaA lot of seniors reside in a type of community overseen by a mandatory...

Buying a House in Texas – The Residential Contract

"Standard Contract". A phrase that should  strike fear into your heart. The One to Four Family Residential Contract (Resale) is a standard contract, and a great example of why you should know what you are signing BEFORE you sign it.  It's used by realtors all over the State of Texas for the sale of houses. The form was put out by the Texas Real Estate Commission (acronym TREC) Four pages back,...
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