Mortgage/Finance Archives - Texas Legal Docs https://texaslegaldocs.com/category/mortgagefinance/ Wed, 02 May 2018 16:30:28 +0000 en-US hourly 1 Warranty Deed or Quitclaim Deed? Not Even Close https://texaslegaldocs.com/warranty-deed-quitclaim-deed-not-even-close/ Sun, 15 Apr 2018 16:29:35 +0000 http://texaslegaldocs.com/?p=1609 The post Warranty Deed or Quitclaim Deed? Not Even Close appeared first on Texas Legal Docs.

]]> Home Sales and Existing Leases: How to Deal With Current Tenants https://texaslegaldocs.com/home-sales-and-existing-leases-how-to-deal-with-current-tenants/ Tue, 09 Feb 2016 22:09:19 +0000 http://texaslegaldocs.legalvertical.com/?p=1144 Although more common in commercial transactions, many residential transactions involve the sale of homes subject to existing leases and tenants. A potential buyer of a property in which a tenant currently resides should be aware of the legal status of such leases after closing, and be comfortable with rights and obligations imposed on them by […]

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]]> Good Fences Make Good Neighbors – Boundary Lines and Encroachment Agreements https://texaslegaldocs.com/1139-2/ Wed, 27 Jan 2016 21:18:36 +0000 http://texaslegaldocs.legalvertical.com/?p=1139 Misunderstandings regarding boundary lines and fence locations often lead to strained relationships between neighbors. Addressing encroachment issues prior to closing can help ensure that a buyer enjoys a more fulfilling ownership experience. It is not uncommon for fences to be situated off of a boundary line, especially in older subdivisions. In fact, an argument can […]

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]]> Tenant Evictions – a Time Consuming Process https://texaslegaldocs.com/tenant-evictions-a-time-consuming-process/ Mon, 18 Jan 2016 22:13:53 +0000 http://texaslegaldocs.legalvertical.com/?p=1133 If you clients are faced with the need to evict a tenant, they should know that the process must be undertaken in strict adherence to the Texas statutes, and may take longer than expected. If a tenant knows how to play the game, they could stretch out the ordeal for well over a month before […]

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]]> Selling or Buying a Home in a Distressed Market: Shortcuts Can Only Lead to More Trouble https://texaslegaldocs.com/selling-or-buying-a-home-in-a-distressed-market-shortcuts-can-only-lead-to-more-trouble/ Wed, 06 Aug 2014 12:45:47 +0000 http://texaslegaldocs.legalvertical.com//?p=140 Today’s market environment has made it extremely difficult for sellers and buyers of real estate to consummate a transaction under normal procedures. Due to a severe drop in employment rate, tighter lending standards by mortgage companies, and the lingering effects of the recession on all aspects of the U.S. economy, sellers and buyers are resorting […]

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]]> The New SAFE Act: The Death of Seller-Financing in Texas? https://texaslegaldocs.com/the-new-safe-act-the-death-of-seller-financing-in-texas/ Wed, 06 Aug 2014 12:41:46 +0000 http://texaslegaldocs.legalvertical.com//?p=138 A recent law passed by the Texas Legislature has quietly hit the books, one that promises to have a significant and adverse effect on Texas consumers’ ability to obtain financing for the purchase of residential property. The legislation serves to place further limitations on a prospective purchaser’s financing options, at a time when the current […]

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]]> Clarification/Update on Texas SAFE Act https://texaslegaldocs.com/clarificationupdate-on-texas-safe-act/ Wed, 06 Aug 2014 12:32:31 +0000 http://texaslegaldocs.legalvertical.com//?p=135 Some good news: common sense is finally being applied to the implementation of regulatory restrictions on seller-financing.The Texas Land Title Association Department of Government Affairs has just issued this update: Doug Foster, Commissioner of the Texas Department of Savings and Mortgage Lending, has written that the Department will continue to allow the statutory seller finance […]

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