Handling abandoned property is a common issue faced by landlords, particularly in cases involving breach of lease agreements. While it can seem like a hassle, Texas law provides specific guidelines for landlords to manage such situations. Below, we’ll outline the practical steps landlords can take when dealing with abandoned property. Understanding Abandonment in Texas In…
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A short sale is a unique and often complex transaction in real estate that arises when a homeowner owes more on their mortgage than the current market value of the home. In this situation, the homeowner seeks permission from their lender to sell the property for less than the amount owed, with the lender agreeing…
As a leading property management company in Texas, Silberman Realty is committed to protecting the interests of property owners while ensuring tenants meet rental requirements. When screening prospective tenants, there are three major red flags that can lead to a denial. These factors ensure the quality and reliability of tenants in rental properties. 1. Prior…
The real estate industry has seen significant changes recently, especially regarding how buyer’s agent commissions are handled. Sellers and listing agents are no longer required to disclose a specific buyer’s agent fee in the MLS when listing a home. This development has left many sellers wondering: Should I offer a buyer’s agent fee? If so,…
When it comes to property management, maintaining a reserve fund is a critical yet often overlooked component of successful property ownership. This post details the importance of reserves, the benefits of maintaining them, and discusses suggested reserve amounts. Why Property Management Reserves Are Essential Reserves are funds set aside by property owners with their property…