Despite the numerous legal safeguards, checks, and counters that the US’s financial system rely on, there is always another loophole exploited by scammers. This is especially true due to the fluid political climate; as legislation changes, such as with this week’s repeal of Dodds-Frank regulation, so too do the products and terminology offered to people. For vulnerable people, and in particular seniors, this poses a unique challenge, as scammers seek to take advantage of the confusion and lack of knowledge to make illicit cash. (more…)
For many people, buying or selling a house is one of the most significant transactions of their life, and it stands to reason that you’d want to turn to a professional rather than navigating the process on your own. If you’re purchasing a new home or considering selling your house, your first inclination might be to enlist the help of a real estate agent. But while buying and selling agents can be a good option, you may be surprised to learn that a real estate attorney might actually be the best option.
When it comes to buying a house anywhere, the process is one that can be drawn out by unique and arcane laws that are in place. For a resident of Texas or any out-of-state investor who’s considering the purchase of a home, the Lone Star State brings with it some issues that offer a compelling reason why hiring a quality real estate lawyer to represent your interests is always a good idea. (more…)
The real estate business is one that’s bolstered by the trust of the parties involved, yet situations can occur that lead to such trusts being broken. The potential for such events to happen is the reason that the concept of earnest money has become standard for most agreements, which basically boils down to being a deposit of good faith. (more…)
Executing a valid will is one of the simplest and most important forms of estate planning around. Despite this the number of people that die intestate (without a will) is staggering. All too often life throws us curveballs, whether they be an unexpected death or disability. For this reason, it is never too early to prepare a will. The attorney’s at The Farah Law Firm, P.C. can make your will preparation a painless process and as your life changes, be it marriage, a birth, a death or divorce, our attorneys will be there to make changes as necessary. (more…)
You know the saying: “I wasn’t born in Texas, but I got here as fast as I could!” Everyone seems to be turning to Texas for many reasons. This explains the state’s population of almost 28 million and counting! The state of Texas is rapidly growing in numbers due to the steady economy it maintains. It is estimated that by the year 2040, the Texas population will have hit 45 million. Where are we fitting all these people? With Texas being the largest state in the continental United States, it has a clear advantage in land space. The Lone Star state builds an average of 125,000 homes per year, placing the housing market as 3rd best in the country. (more…)
It happens all too often; a loved one unexpectedly dies without leaving a will. For those left to deal with the deceased person’s estate, this can be a real estate nightmare. Without a surviving grantee or other survivorship language included in the deed, the property becomes what is often called, “Heirship Property” or “Heir Property”. More often than not, the survivors of the deceased have no idea what to do with the heirship property and without taking the proper steps to properly vest title in the heirs there isn’t much that can be done as the property is virtually unsellable as it sits and title companies will not issue insurance until the issue is resolved. (more…)
Fort Worth, Texas magazine has recognized attorneys Michael Farah and Wayne Taylor of The Farah Law Firm as “2014 Top Attorneys.” Michael was chosen for his work in real estate law, and Wayne was selected for his work in personal injury law.
This is the first time The Farah Law Firm has been recognized in the magazine, and Michael says he and Wayne are honored to be included in this list of highly accomplished attorneys. (more…)
There’s nothing quite like the thrill of zipping down the highway on a motorcycle. But unfortunately, it’s also one of the most dangerous forms of transportation. According to the Texas Department of Transportation, there were more than 10,000 individuals involved in motorcycle accidents in the state in 2012. Of those, 470 were killed and more than 6,000 were injured.
Despite these unsettling statistics, there’s no need to “tiptoe through life to arrive safely at death,” as the saying goes. If you live to ride, you should enjoy every minute you can on your motorcycle. Just be sure to make safety your top priority and be aware of the top causes of motorcycle accidents. (more…)
The experienced attorneys at The Farah Law Firm have a thorough understanding of the many complexities of real estate law. While some real estate disputes can be handled swiftly and amicably, there are many instances when it’s best to rely on an expert—and our seasoned real estate attorneys are here to help.
We recently sat down with Texas Homes, a full-service brokerage firm serving all of Texas, to share some of our insights and advice regarding real estate disputes. Follow the links below to learn more about the situations in which it’s best to turn to an attorney, and contact our office today to discuss any real estate disputes you may be facing. We’ll help you protect your property and defend your rights.
Check out my interview, Get Help With Common Real Estate Disputes on Texas Homes, one of the top sites for Texas real estate, including Houston, TX homes for sale. Texas Homes also services New Mexico and Georgia real estate.
“I hired The Farah Law Firm for the non-traditional sale of my residential property. The Farah Law Firm’s professionalism and outstanding knowledge of residential transactions made the sale go smoothly. The Attorneys and staff at the Farah Law Firm were understanding and took the time to explain each step of the process. They will be... Read More »
The Series Limited Liability Company The Series Limited Liability Company (“Series LLC”) was first introduced in Delaware in 1996. Although many states allow for the formation of Series LLC, few still do not. The Series has been valid in the Lone Star State for the past ten years (since 2009). In Texas, the Texas Business Organization Code... Read More »
Over the past 50 years, the number of Americans renting their homes has increased by more than 22%. Pew Research has revealed that 36.6% of US homes are rented, yet just 32% of those said they rent out of choice. While a handful of landlords rent out a property with utilities included, many don’t. So, what do you do when your heating packs... Read More »
Revealing The Scams Targeting Seniors Despite the numerous legal safeguards, checks, and counters that the US’s financial system rely on, there is always another loophole exploited by scammers. This is especially true due to the fluid political climate; as legislation changes, such as with this week’s repeal of Dodds-Frank regulation, so too... Read More »
For many people, buying or selling a house is one of the most significant transactions of their life, and it stands to reason that you’d want to turn to a professional rather than navigating the process on your own. If you’re purchasing a new home or considering selling your house, your first inclination might be to enlist the help of a real... Read More »