One quick way to get on the wrong side of a Texan is when someone tries to take their land. Nevertheless, there are certain circumstances where the state or local municipality (or a company working for them) will justify taking ownership from an individual or...
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Real Estate
What goes in a seller’s disclosure?
Those who sell real estate property usually include a seller’s disclosure. While there are exceptions, a seller disclosure provided by sellers to potential buyers outlines any defect or issue that could impact the buyer’s decision-making process. This...
Tips for staging a home
The concept of staging one’s home to sell it is now a fairly common one. While in days past this amounted to keeping a clean home, the idea now is to strategically place to furniture and decorations in a way that puts the property in the best light. This often...
Millennials have specific priorities in home buying
The mortgage rates hover at historic lows with the percentage dropping a full point in the last year. This is good news for potential buyers and sellers of residential real estate. However, even in the highly competitive real estate market of Austin, millennials have...
Where things stand on short term rentals in Austin
Austin and the state of Texas sometimes have different opinions on regulations, policies and laws. One recent high-profile example involves the issue of short-term rentals (STRS), which are a room or home rentals of 30 days or less. This is a hot-button topic as other...
Can the government take privately owned land?
Eminent domain is the government’s way to take private land for public use under certain circumstances. The Takings Clause of the U.S. Constitution’s Fifth Amendment defines that power for the government. For state and local governments, the clause applies...
How to pick a real estate agent
Real estate transactions are the largest deal that the average person makes in their lifetime. So it is crucial to find a real estate agent that is the right fit regardless of whether one buys or sells. At their best, these agents bring advantageous deals to the table...
Tips for determining the right-sized mortgage
Most of us need a mortgage to buy a home. So determining the size of a mortgage is likely the most critical part of the process, some may argue it is more important than picking the actual house or condo. Ideally, the right mortgage fit means that the homeowner is...
Owning a rental property can be a win-win proposition
The robust real estate market here in Austin is great for those who own property, particularly if they got in a while ago and bought low. Nevertheless, the competitive market should not prevent others from buying a rental property because it is still often an...
Addressing a real estate contract breach
When parties sign a real estate contract, it is with the assumption that the businesses, buyers, landlords or tenants will honor the terms. However, this is not always the case, or perhaps they even violated the law. The contract will usually outline the terms of...