When purchasing a property, understanding its condition before closing is crucial. In Texas, the TREC One to Four Family Residential Contract is the most commonly used contract for resale transactions. Paragraph 10 of this contract specifies that the property must be turned over in its present or required condition, which can be vague. Here’s what…

Lease renewals in Texas, particularly under the Texas Association of Realtors (TAR) lease, follow a specific process that is important for both landlords and tenants to understand. These renewals function under an “evergreen” clause, meaning they renew automatically under certain conditions. Here’s a closer look at how lease renewals work in Texas. Understanding the TAR…

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…

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,…

The question of whether open houses are an effective tool for selling homes in Texas has been a point of discussion in real estate for years. Since the internet became the predominant means of marketing real estate, traditional open houses have often been regarded as a means to appease sellers, giving the impression that agents…