A new TEXAS law that took effect on August 7, 2019, considers paying the of the deductible by the roofing contractor is a violation and may include $2000 fine and up to six months in jail. When the policyholder makes, an insurance claim has to pay the deductible first, and the insurance company pays the …
Mortgage interest rates hit an all-time low during the first week of Setempber 2019 for the last one year. The interest rate has fallen at least 1% lower than it was during the same period the previous year. A lower rate will undoubtedly benefit a homeowner as monthly Principal and Interest (P&I) will be lowered. …
When buyers are shopping for a mortgage, they wonder which is a better term, i.e., going with 15 years or 30 years note. The answer depends on the buyer financial situation. Indeed, a 15 years term will have a lower interest rate but higher monthly principal and interest (P&I). On the contrary, a 30 years …
Many homeowners that I meet ask if building a swimming pool is worth an investment where they can recoup cost when it is time to sell. #1 Decide on the purpose. If the aim is for the family to use and enjoy the pool, then equating investment return will not make sense. #2 Neighborhood pools. …
Your dream to move is only days away, and you are very excited. Rightfully so as you searched for many homes, made an offer, went through the process of applying for the mortgage, etc., There is one crucial process right before closing called buyers’ final walkthrough. What is buyers’ final walk-through? As the name states …
Spring is here in North Texas! Blue skies, sunny and mild temperatures. Many families make an important decision to sell their home. These decisions are driven by factors like upsizing the home, downsizing the house, reduce job-related, be close to family and friends, etc., Based on our experience three critical factors affect the sellability of …
Your offer to purchase a property was accepted by the seller and you are wondering what your commitments are. If your agent has used TREC One to Four Single Family residential contract, you have to full fill two financial obligations in order to avoid a breach of contract. ONE Pay option money (OM) TWO Pay …
During a real estate transaction, property taxes play a significant role. It is common sense that the seller pays for his part of the ownership of the property and the buyer pays for his part of the purchase of the property. That is well and good if the property is closed in October or November …
When siblings share a bedroom, every little bit of space counts. So what can a frazzled parent do? We’ve got you covered with this handy list of tips to ease sibling rivalry and create a harmonious space that your kids will love. Meeting of the minds. If your children are old enough to participate in the …