Blogs

How Much Does It Cost to Hire a Real Estate Attorney in Austin?

Even when a real estate attorney isn’t required for a particular transaction, it’s a good idea to have one to look out for your interests. Whether you’re buying a home or selling a home, leasing an office space or building a new location for your business, real estate attorneys make sure there are no loose ends or loopholes. You may consider yourself savvy in business, but the consequences of signing a bad contract are simply too great to risk it. Still, many people decide not to hire attorneys because they’re worried about the cost. How much does it cost to hire a real estate attorney? Is it worth it? Here’s what you should know. The [...]

By |November 17th, 2020|Categories: Real Estate Law|0 Comments

What Does a Commercial Real Estate Lawyer Do?

Commercial real estate lawyers perform many of the same duties as attorneys who focus on residential real estate—they work on transactions between buyers and sellers, handle issues with title, review contracts, and negotiate with lenders. So what does a commercial real estate lawyer do that makes them different? The main difference between these two real estate law specialties is that commercial real estate law requires a depth of knowledge in a few key areas that are specific to businesses. Our Austin commercial real estate lawyers have experience working with local businesses, developers, and property management firms to assist them in all aspects of real estate law, from transactions to litigation. Here are some of the [...]

By |November 11th, 2020|Categories: Real Estate Law|0 Comments

What Does an Attorney Do at a Real Estate Closing?

Is it worth it to hire a real estate attorney when you’re buying or selling a property in Texas? What do real estate attorneys do? We know many Austin-area residents ask themselves these questions. While in a straightforward transaction, an attorney might not be needed, there’s no way of knowing if your purchase or sale will go off without a hitch or if there are major complications headed your way. That’s why it makes sense to hire a real estate attorney for any transaction. Here’s what real estate attorneys do for a closing. Examining the Title One of the most complex pieces of any real estate transaction is examining the title. This happens behind the [...]

By |November 4th, 2020|Categories: Real Estate Law|0 Comments

Does Loan Modification Stop Foreclosure?

If you’re facing foreclosure, you may feel hopeless, but the reality is that there’s a lot you can do to stay in your home. One of the most effective ways to stop foreclosure is with a loan modification. Here’s what you need to know. What Is a Loan Modification? A loan modification (also known as a mortgage modification) allows you to renegotiate the terms of your loan with your lender. The goal is to come to an agreement that makes your monthly mortgage payments more affordable so you can keep your home and your lender doesn’t have to go through the process of foreclosure. How Can a Mortgage Be Modified? There are several ways in [...]

By |September 30th, 2020|Categories: Loan Modification|0 Comments

What to Look for in a Real Estate Attorney

Hiring a real estate attorney is much like hiring any other professional—you ask around, you look at reviews, you do your research, and you make a decision. Of course, the difference with an attorney is that the stakes are much higher than with a painter or lawn service, which is why the “do your research” portion of the process should involve a little more work. You can always repaint your bedroom ceiling, but you can’t un-sign a contract! If you’re not sure where to start, we can help. Here’s what to look for in a real estate attorney. Find Someone With the Experience You Need First, we’ll assume you’ve already covered the basics of vetting [...]

By |September 28th, 2020|Categories: Loan Modification|0 Comments

Can A Lawyer Help With Loan Modification?

What Is a Loan Modification? There are several possible options when you’ve either fallen behind on your mortgage or your home is being foreclosed on. One of the best solutions is a loan modification. Loan modifications rewrite your current mortgage to change its terms and make it more affordable for you. Unlike many other solutions, loan modification programs are permanent—they’re not a temporary decrease in payments, but long-term solutions that lower your monthly payments for good. This is accomplished through renegotiating your interest rate, forbearing part of the principal balance, or extending the loan term. A loan modification is best for homeowners who have the ability to make mortgage payments, but can no longer afford [...]

By |September 21st, 2020|Categories: Loan Modification|0 Comments

How Do You Transfer A House Title To Another Person?

There are many reasons why you might want to transfer a house title to another person, but there’s only one way to accomplish it: through a deed. The process of navigating property deeds and titles can be confusing, but with an experienced attorney working on your behalf, it doesn’t have to be. Here’s what you need to know about transferring a house title. What Is a House Title? A property or house title is a legal document that stipulates the owner (or owners) of a property. It’s essentially the physical proof that you hold giving you the right to use and occupy the property in question. Most people only think about their house titles when [...]

By |September 14th, 2020|Categories: Real Estate Law|0 Comments

When Should I Hire a Foreclosure Attorney?

The foreclosure process is a lengthy one, but it’s best to hire a foreclosure attorney as soon as you can. With an attorney by your side early in the process, you’re more likely to be able to negotiate a resolution with your lender and keep your home. When to Hire a Foreclosure Attorney Your lender can begin proceeding with a foreclosure once you are 120 days late on your mortgage payments. Before the foreclosure starts, your lender will mail you a breach letter, which notifies you that they are about to start the foreclosure process unless you make the payments you owe. The best time to hire a foreclosure defense attorney is when you receive [...]

By |August 5th, 2020|Categories: Uncategorized|0 Comments

Common Situations When You Should Hire a Real Estate Attorney

The most common reason people use a real estate attorney is for purchasing or selling a house. Unlike some states, Texas doesn’t require real estate attorneys for these transactions, but luckily for us, there’s no shortage of situations and transactions where a lawyer is needed. Here are some times when you definitely need a real estate attorney on your side. 1. When You’re Purchasing Commercial or Investment Property Buying investment property is a good idea in theory, but it’s not uncommon for buyers to get more than what they bargained for when they make a purchase. Hiring a real estate attorney can help prevent this from happening. We evaluate contracts, deeds, and titles to make [...]

By |August 5th, 2020|Categories: Uncategorized|0 Comments

Do You Need A Lawyer To Transfer A Deed?

There are many circumstances in which the deed to a home or property may need to be transferred. You might think it seems straightforward enough that you can do it on your own without the help of a real estate lawyer, but with such an important document, it’s a good idea to hire a deed attorney to ensure that everything is done properly to avoid problems in the future. What Is a Deed? A deed is a written document that transfers ownership (title) of a home, land, or other property from one person to another. The previous owner is known as the seller or grantor, while the new owner is the buyer or grantee. Deeds [...]