When it comes to owning a property, unforeseen circumstances such as job loss, medical emergency, or other financial hardships can make it difficult to keep up with mortgage payments. For homeowners in this situation, a short sale may be a viable option to avoid foreclosure and potential financial ruin. A short sale is a process [...]
Buying or selling a property is one of the biggest financial decisions many people make in their lifetime. In fact, the past few years have seen a decided boom in residential real estate sales with many people investing in real property for the first time. Although there seems to be a slowing down in existing [...]
Did you find the right buyer for your home listed in the real estate market? Whether selling a house or any other real estate, Texas law requires you to transfer your ownership to the other party in order to complete the deal. A “deed” is a legal document that refers to you as the "seller" [...]
Mortgages are loans that make it easier for many potential buyers to purchase their dream homes. Unfortunately, some homeowners get into a situation where they cannot repay the loan due to unforeseen circumstances. To prevent borrowers from defaulting on their loans, lenders introduced a process called loan modification. The term may seem simple, but there [...]
Buying and selling real estate is not a simple transaction. It’s a legal transfer of property from one party to another. Due to the legal facet of this transaction, it is crucial to consult with a property attorney who is able to take care of all the legal requirements for a smooth transfer of ownership [...]
When it comes to property or real estate matters, there are many kinds of issues that can come up. From ownership-related issues to breach of contract, there are many things that can lead to real estate litigation if no resolution can be found. Every intelligent buyer or seller should learn the main causes of real [...]
A commercial lease, also called a commercial lease agreement, is a contract between a landlord (the owner of commercial property) and a tenant (the person or business that will lease commercial property). A commercial lease agreement outlines the rights, responsibilities, and contractual obligations of the landlord and the tenant. The terms of a commercial lease [...]
Commercial real estate transactions in Texas can be quite complicated in nature – largely due to the sheer number of regulations and laws that are to be adhered to by the parties involved. Any non-compliance or violation on your part can not only compromise your rights and interests but also lead to hefty penalties. Correlating [...]
If you are planning to sell your house, you might be wondering whether you should hire a real estate lawyer to guide you through the process. While you are not legally obligated to hire a real estate attorney to sell your house in Texas, it might still be in your best interest. In this post, [...]
As a commercial landlord, when you rent out your property to someone, you expect them to abide by the terms of the lease agreement. There are times when the tenant might fail to comply with the lease terms and break the lease without any justifiable reason. If and when it happens, you need to be [...]