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SELLER BEWARE: WHAT TO KNOW ABOUT SUBJECT-TO TRANSACTIONS IN TEXAS
Subject-to transactions in Texas are a type of real estate purchase in which the buyer takes over the payments on an existing mortgage instead of getting a new mortgage. It can be useful for buyers who are unable to obtain a traditional mortgage, as well as for sellers who are unable to sell their property through traditional means. As appealing... Read More »
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Homebuyers Beware: Builder Contracts in a Seller’s Market
Fox 4 KDFW recently reported that a North Texas family was left all but homeless after their home builder backed out of their contract in the eleventh hour. It’s a consequence of the current seller’s market, and it’s perfectly legal. About Michael FarahMichael Farah is the founder and managing attorney of the Farah Law Firm. Mike... Read More »
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New Legislation for Texas Series LLCs
The Texas legislature recently passed new legislation regarding Texas series LLCs, which went into effect on June 1, 2022. This new legislation will potentially offer more protection and peace of mind for individuals and entities conducting business with series LLCs. About Michael FarahMichael Farah is the founder and managing attorney of the... Read More »
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When Damage Occurs Before Closing on a Property
When you’re buying a property, you might — justifiably — feel like you’re in limbo while it’s under contract. There are many “what if” possibilities that, while unlikely, you still need to consider. In light of the recent winter storm in Texas, which wreaked havoc on thousands of properties across the... Read More »
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