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The Texas Seller Disclosure and What You Must Tell Buyers The single most common misunderstanding in a Texas home sale is that selling a house as is removes the obligation to disclose. It does not. As is describes who pays for repairs. Disclosure describes what the buyer is told. They are separate things and confusing them creates liability that survives closing. Texas requires a seller of residential property to give the buyer a written Seller's Disclosure Notice coveri

Selling a Vacant House in Texas An empty house is not a paused house. It is a house that is quietly deteriorating and costing money, and in the Texas climate it does both faster than owners expect. Start with the insurance problem, because it is the one that turns an inconvenience into a loss. Most standard homeowner's policies contain a vacancy clause that limits or voids coverage once a property has been unoccupied beyond a set period, commonly thirty or sixty days. Ow

Selling a House You Still Owe Money On Most people sell a house they still owe money on, and most have only a rough idea of the mechanics. The mortgage does not transfer and it does not simply vanish. It gets paid off out of the proceeds at closing, and the order in which that happens explains several things that otherwise look strange. At closing the title company requests a payoff statement from your lender. That figure is not your remaining principal. It is principal

What an Unpermitted Addition Does to a Home Sale Converted garages, enclosed patios, added bathrooms, a second structure out back. Plenty of Texas houses carry work that was done without a permit, sometimes decades ago by an owner who has long since moved on. It becomes your problem at closing. The first issue is simple arithmetic. If a bedroom was added without permits, it likely does not appear in the county records or the tax roll. An appraiser measuring the house wil

Why the Online Estimate and the Offer Never Match Three numbers get called the value of your house and they are not the same thing. Confusing them is behind most of the frustration sellers feel when an offer arrives. The first is the county appraisal district's assessed value, which exists to calculate property tax. Texas is a non-disclosure state, meaning sale prices are not public record, so appraisal districts estimate from the data they can get. That figure is often

What Your Texas House Is Actually Worth Three numbers get called the value of your house and they are not the same thing. Confusing them is behind most of the frustration sellers feel when an offer arrives. The first is the county appraisal district's assessed value, which exists to calculate property tax. Texas is a non-disclosure state, meaning sale prices are not public record, so appraisal districts estimate from the data they can get. That figure is often wrong

Why Vacant Texas Houses Get Harder to Sell An empty house is not a paused house. It is a house that is quietly deteriorating and costing money, and in the Texas climate it does both faster than owners expect. Start with the insurance problem, because it is the one that turns an inconvenience into a loss. Most standard homeowner's policies contain a vacancy clause that limits or voids coverage once a property has been unoccupied beyond a set period, commonly thirty o

What an Empty House Costs You Every Month An empty house is not a paused house. It is a house that is quietly deteriorating and costing money, and in the Texas climate it does both faster than owners expect. Start with the insurance problem, because it is the one that turns an inconvenience into a loss. Most standard homeowner's policies contain a vacancy clause that limits or https://www.soundhomebuying.com/cities/hitchcock voids coverage once a property has been unoc