Can You Sell a Rental in Texas With a Tenant in Place
Can You Sell a Rental in Texas With a Tenant in Place You can sell a house in Texas with a tenant living in it. What you cannot do is sell it as though the tenant is not there. The lease is an obligation that travels with the property, and understanding that early saves a great deal of friction. A lease survives the sale. When the property changes hands the new owner steps into the landlord's position and takes the lease as written, for whatever term remains. A buyer who
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Read more about Can You Sell a Rental in Texas With a Tenant in PlaceEstate Cleanouts and Selling a House in Texas
Estate Cleanouts and Selling a House in Texas A house packed with a lifetime of belongings is a common situation and rarely the one people plan for. It usually arrives with a death in the family, a move to assisted living, or a long decline nobody wanted to confront. The first thing worth saying is that the contents do not have to be resolved before you decide what to do with the property. Sellers routinely delay for months, paying taxes, insurance and utilities on an em
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Read more about Estate Cleanouts and Selling a House in TexasWhat a Texas HOA Can Do About Unpaid Dues
HOA Assessments, Liens and Foreclosure in Texas A homeowners association in Texas has more authority than most owners realize. Unpaid assessments are not merely a billing dispute, and in some circumstances an association can foreclose on the lien securing them. The authority comes from the recorded declaration, the document filed in the county property records that created the subdivision's covenants. When you bought, you took title subject to it. That declaration t
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Read more about What a Texas HOA Can Do About Unpaid DuesWhen a Texas Reverse Mortgage Comes Due
What Heirs Should Know About a Reverse Mortgage in Texas A reverse mortgage lets an older homeowner draw against equity without monthly payments. The loan is not forgiven; it becomes due when a maturity event occurs, and that is usually the point at which the family first has to understand it. Maturity events are defined in the loan documents and typically include the death of the last surviving borrower, the borrower permanently leaving the home, or a breach of the obli
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Read more about When a Texas Reverse Mortgage Comes DueSelling a Texas House With a Reverse Mortgage
What Heirs Should Know About a Reverse Mortgage in Texas A reverse mortgage lets an older homeowner draw against equity without monthly payments. The loan is not forgiven; it becomes due when a maturity event occurs, and that is usually the point at which the family first has to understand it. Maturity events are defined in the loan documents and typically include the death of the last surviving borrower, the borrower permanently leaving the home, or a breach of the obli
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Read more about Selling a Texas House With a Reverse MortgageCan You Sell a Rental in Texas With a Tenant in Place
Can You Sell a Rental in Texas With a Tenant in Place You can sell a house in Texas with a tenant living in it. What you cannot do is sell it as though the tenant is not there. The lease is an obligation that travels with the property, and understanding that early saves a great deal of friction. A lease survives the sale. When the property changes hands the new owner steps into the landlord's position and takes the lease as written, for whatever term remains. A buye
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Read more about Can You Sell a Rental in Texas With a Tenant in PlaceWhat a Texas HOA Can Do About Unpaid Dues
HOA Assessments, Liens and Foreclosure in Texas A homeowners association in Texas has more authority than most owners realize. Unpaid assessments are not merely a billing dispute, and in some circumstances an association can foreclose on the lien securing them. The authority comes from the recorded declaration, the document filed in the county property records that created the subdivision's covenants. When you bought, you took title subject to it. That declaration typica
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Read more about What a Texas HOA Can Do About Unpaid DuesWhat Happens to the House in a Texas Divorce
Selling the Marital Home During a Texas Divorce In a divorce the house is usually the largest asset and the one with the most strings attached. Texas is a community property state, which shapes the whole question in ways that surprise people who have moved here from elsewhere. The first distinction is between community property and separate property. Broadly, what either spouse acquired during the marriage is community property. What one spouse owned before the marriage,
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Read more about What Happens to the House in a Texas Divorce