title business

Title Tip: Four Reasons Why Cash Buyers May Be Better

By Lydia Blair / June 15, 2021 /

Why would a home seller prefer a cash buyer? After all, the seller gets their funds from the title company the same way regardless of how the buyer pays. Sellers often do not care where the purchase money is coming from, as long as the buyer can get their loan approved in a reasonable amount…

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Title Tip: The New HOA Addendum And a Seller Surprise

By Lydia Blair / May 18, 2021 /

If you are selling a property that is part of a Homeowner’s Association, get ready for a potential surprise. I’m finding some upset sellers dealing with the recent change to paragraph C in the HOA addendum. Last month (April 2021), the Texas Real Estate Commission made a slight change to the form titled Addendum For…

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6 Tips to Help Buyers Win in a Strong Seller’s Market

By Lydia Blair / April 20, 2021 /

Anyone with their finger on the pulse of Texas real estate knows that we are in the midst of a hot seller’s market. Anxious buyers are making generous offers in a desperate attempt to buy a home. However, an offer well over the asking price is not always enough to win the right to buy…

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Title Tip: If You Think Closing is Getting More Expensive, You’re Not Wrong

By Lydia Blair / March 23, 2021 /

Recently released national closing cost data showed that in 2020 closing costs increased for both purchases and refinance transactions. Average closing costs for a single-family home increased by almost 6 percent while the average home sales prices increased by almost 10 percent. The closing cost data, announced by ClosingCorp, calculated the cost of title insurance,…

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Title Tip: Do You Have Any Idea About Your ID?

By Lydia Blair / March 9, 2021 /

Have you heard the one about the good ole boy who was asked if he had any ID? His response: About what? When signing documents to transfer real estate in Texas, all signers are required to present an acceptable form (or forms) of identification. While that might seem like a simple request, it can become…

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