A major legal shift in mid-2024 has changed how real estate commissions are handled in residential sales across Texas. Following a lawsuit that challenged traditional commission practices as anti-competitive, the National Association of Realtors (NAR) and its members implemented new procedures for disclosing and paying buyer’s agent commissions. These updates are reflected in the latest…
Real estate buyers in Texas often ask a critical question: What happens if I want to back out of a deal after the option period ends? The answer depends on whether there are any other valid termination rights remaining and whether you’re prepared to navigate potential legal consequences. The Option Period: Your Primary Out In…
In the past two years, many homebuyers took advantage of rate buydowns a strategy that lowered their mortgage interest rate temporarily in exchange for an upfront cost. These buydowns were promoted widely with the expectation that mortgage rates would decline in the near future, allowing homeowners to refinance into a lower fixed rate. But that’s…
With soaring construction costs and tightening margins, traditional multifamily development is becoming increasingly difficult to justify even under the best of circumstances. In fact, some industry insiders suggest in today’s market that even if the land were free, developing new apartment projects still wouldn’t pencil out. This article offers insights into one innovative approach that…
One of the most widely discussed strategies in real estate investing is the use of debt, or leverage, to amplify returns. While the concept can be powerful when applied correctly, it’s not without risk. This article explains how debt can increase return on investment (ROI) and when it may or may not work in your…