Title Business

Title Tip: Due and Payable — Time To Open Those Property Tax Bills

By Lydia Blair / October 8, 2019 /

It’s that not-so-wonderful time of year when property tax bills start hitting our mailboxes. At the time of this writing, tax statements have been mailed in Dallas, Collin, and Tarrant Counties. Bills are being posted daily from other counties and from other taxing authorities including school districts, community colleges, cities, improvement districts, etc. To get…

Title Tip: Sit Up And Take Notice of Paragraph 21

By Lydia Blair / September 17, 2019 /

Please take notice of the Paragraph 21 notice that is about notices and that many people fail to notice. Call it a notice, a notification, disclosure … whatever. Just don’t ignore it. Paragraph 21 of the Texas residential real estate contract reads: “All notices from one party to the other must be in writing and…

Title Tip: How Does a Seller Lease Back Work?

By Lydia Blair / September 10, 2019 /

How to make a buyer’s agent cringe: Ask for a 60 day seller lease back. While lease backs hold appeal for many sellers, it’s enough to make Realtors shudder at the thought of the problems that can accompany them. A Sellers Temporary Lease allows the seller to continue living in the home after closing for…

Title Tip: What’s The Difference Between a Condo And a Townhome?

By Lydia Blair / September 3, 2019 /

Many folks think condos and townhomes are like po-tay-toe and po-tah-toe. They’re pretty much the same. When actually, they’re more like potato and tomato. Just because the property sits on the ground and looks like an attached house, doesn’t make it a townhouse. And a condominium doesn’t always look like an apartment. There are condos…

Title Tip: What Happens When You Rescind an Offer to Purchase?

By Lydia Blair / August 27, 2019 /

Shopping for a home is a bit like dating. Buyers, like daters, are looking for that perfect match. But just because you fall in love doesn’t mean they’ll love you back. Getting down the aisle to happily ever after can take some effort. And you may have to kiss a few frogs in search of…