Receiving a purchase offer after putting a home on the market can be an immense relief for a Texas homeowner, especially if said homeowner is under pressure to sell due to personal circumstances. Unfortunately, as some homeowners learn too late, not all parties who submit purchase offers are genuine buyers.  The practice of real estate […]
Month: March 2024
What Happens To Your Home When Your Spouse Dies Without a Will?
When faced with the loss of a spouse, the multitude of ensuing legal questions can be overwhelming, particularly regarding property inheritance. A common scenario involves a widow seeking to transfer the home she shared with her late husband into her name, only to discover the complexities involved when no will exists, and there are children […]
Hand Written (Holographic) Wills in Texas and When They’re Valid
When most people think of wills, they envision formal legal documents, drafted by attorneys, filled with legal jargon, and witnessed by officials. However, in Texas, there’s a unique and less formal option known as a “holographic will.” Contrary to what science fiction might suggest, holographic in this context does not involve 3D images like that […]
The End of an Era: The Shift in Real Estate Agent Commissions in 2024
In a move that has sent ripples across the real estate industry, the once-standard 6% commission rate for real estate agents is undergoing a transformative shift in 2024. This development is not just a minor adjustment but a significant change that reflects evolving market dynamics, technological advancements, and consumer demands for greater flexibility and transparency […]
Signs that Your Attorney May Not Be Providing Quality Representation
In the complex and nuanced world of the law, discerning the quality of service and advocacy provided by your attorney is paramount. Recognizing potential concerns in your legal representation allows for timely interventions that could significantly impact the outcome of your case. In this article, we outline several red flags that might suggest the need […]
What is a Notice of Interest in a Real Estate Transaction?
If you have ever been involved in a transaction where a real estate investor sought to purchase your property, then you have likely come across a Notice of Interest document in the process of completing that transaction. A Notice of Interest (NOI) in real estate serves as a declaration of one’s legal interest in a […]
Balancing Equities in Partition Lawsuits
In the realm of property ownership, disputes can arise, especially when co-owners cannot agree on how to manage, divide, or even sell the property. In Texas, one common legal recourse for resolving such disputes is through a partition lawsuit. Once a partition lawsuit is filed, and after the court proportions the shares of the property, […]