Title vs. Deed

By Lydia Blair
Special Contributor

Deeds and titles go together like love and marriage. But like love and marriage, they aren’t the same thing. A deed is not a title and a title is not a deed.

Though they seem alike, deeds and titles serve different purposes. And in the real estate world, the references to them can be confusing.
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By Lydia Blair
Special Contributor

After the paperwork has been signed and you’ve been handed the keys, there are plenty more expenses involved in moving into your new home — packing supplies, connecting utilities, hiring movers, new appliances or furnishings, etc. However, there are certain costs after buying a home that new homeowners should not incur despite a barrage of letters telling them differently.

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By Lydia Blair
Special Contributor

We Texans cherish our homestead rights more than anyone. And we’ve got the state constitution to prove it.

Cue the old west music and picture Ma with a baby on her hip and Pa with his rifle at the door of their simple home. That must be what the Texas founding fathers had in mind when they enacted our state’s constitution and property code to help protect our citizens.

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By Lydia Blair
Special Contributor

The title industry competes for real estate dollars just like mortgage companies, real estate brokers, and insurance agencies. Competition to be the chosen one is just as fierce and the stakes are just as high.

Changes that rippled through the industry in 2015, when the Consumer Financial Protection Bureau (CFPB) went into effect, also addressed the regulation about who has the right to choose the title company in a real estate transaction. This rule has actually been around for a while, but is now being regulated and enforced. Which means fines are also assessed to the rule breakers.

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By Lydia Blair
Special Contributor

Closing costs are expensive when selling a property. Fortunately, they are deducted from the seller’s proceeds at the time of the sale. So when the expenses are lumped into the pile of paperwork at the closing table, the cost of selling a home can be less evident.

How much are closing costs? That depends. How nice are you to the title company?

Just kidding. 

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By Lydia Blair
Special Contributor

In my book, money is good. Cash is great. And when it comes to getting a good deal on a home, or making the transaction quick and easy, it’s been said that cash is king. But did you know that buying a home with cash – actual cold, hard cash – is almost impossible in Texas?

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