By Don White | Published October 7, 2020 | Posted in COVID-19, Real Estate Law | Tagged Tags: COVID-19, Federal Reserve, low interest rates, Texas real estate | Comments Off on Texas Residential Real Estate Market Still Strong Despite Pandemic
Texas Residential Real Estate Market Still Strong Despite Pandemic
The housing market is a bright spot nationally in an economy ravaged by the coronavirus, and North Texas is no exception. A housing report released in mid-September 2020 shows the area’s August home sales rose 11 percent from the previous year. More than 12,000 single-family homes were sold for the month, the most ever sold Read More
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Common Title Problems in a Real Estate Transaction
In any real estate transaction, one of the key steps toward closing is the title search. Its purpose is to make sure the seller owns the property and also to discover any problems or competing interests that might encumber the seller’s right to sell. Title defects, whether due to third-party claims, flawed records or fraudulent Read More
Read MoreWhat Must You Disclose When Selling a Home in Texas?
Whether you’re selling the home you’ve lived in for years or flipping the fixer-upper you’ve refurbished, you’ll need to make a series of disclosures to the prospective buyer before any deal can be finalized. Texas law requires home sellers to inform buyers of material defects in the property that may affect its value. Usually, these Read More
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Will You Get Property Tax Relief Due to the COVID-19 National Emergency?
Governments and even some private businesses have worked to ease the burden on people who are struggling financially due to the COVID-19 pandemic. For people who are concerned about losing their home after being laid off or seeing their business revenue plummet, programs have been established to offer rent and mortgage relief. While many will Read More
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New Seller’s Disclosure Notice Protects Buyers of Flood-Prone Property
Potential home buyers should be aware that sellers are required to disclose certain information about their property, especially concerning defects and conditions that are not discoverable through the exercise of due diligence. In Texas, this notification is done by completing an official form called the Seller’s Disclosure Notice. Now, in response to recent instances of Read More
Read MoreCommercial Lease
We frequently advise commercial landlords who’ve finally found a tenant willing to rent their commercial space, or a business tenant who’s finally found the perfect location for their business. When entering a commercial lease, the landlord is thinking about rent checks finally resuming and the tenant is thinking about how successful their business will be. Read More
Read MoreWhy You Need to Hire a Board Certified Lawyer — Texas Definition and Importance of Certification
A Board Certified lawyer, in Texas, is an attorney who has joined the most elite ranks of attorneys in the State. Board Certified lawyers earn the right to publicly represent themselves as a specialist in a select area of the law. In fact, they are the only attorneys allowed by the State Bar of Texas Read More
Read MoreBoundary Disputes in Texas
Not many people expect to find themselves in a boundary dispute, but in Texas, they are actually quite common. Imagine this fairly typical situation: Your neighbors got a large dog, a mastiff or a pit bull, and was responsible enough to realize they need a substantial fence around their yard to keep the dog from Read More
Read MoreShould I Hire a Lawyer When Buying a House in Texas?
I get this question a lot — “Should I hire a lawyer when buying a house in Texas?” The answer, as is often the case with many things in life, is “It depends.” Although, I will add that, even in the most banal of real estate transactions, having an attorney on your side who can Read More
Read MoreRelinquishment Act of 1919
Relinquishment Act In Texas, there is a little-known corner of the General Land Office that deals with a specific kind of property: “Relinquishment Act Land.” The Relinquishment Act of 1919 is an obscure piece of legislation that sparked a constitutional fight, lasting until 1928, over the powers of the Government. From his blog, John McFarland Read More
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