Author Archives: K. Carpenter

What Is A Docket Control Order

Docket Control Order Average Cost Of A Civil Lawsuit Litigation has become more costly and complex partly because of the introduction of computers and other forms of technology. Despite the fact that court processes that can be handled by technology are handled by technology, the number of documents in the lawsuit filing process has ironically […]

Release Of Lien Texas

Release Of Lien On Real Property Release Of Lien Texas Form To show that a lien has officially been removed on a property, you have to file a document called a “lien release” in the real property records of the county where the property is located.  A release of lien simply means removing the lien […]

Selling Real Estate Notes

Buying And Selling Real Estate Notes Mortgage Notes For Sale By Owner It is possible for real estate investors to buy and sell real estate lien notes. But these kinds of transactions are often complicated because the parties involved need to consider warranties, recourse mechanisms, representations and indemnity provisions. They also need to know whether […]

Wraparound Mortgage

Wrap Around Deed Of Trust Wrap Around Mortgage Texas Wrap around mortgage is a form of seller financing where the buyer remains responsible for the existing loan and the lien. In this situation, in this situation the buyer signs a wrap around note, which is a document where the buyer promises to continue paying the […]

Lease Options In Texas

Lease With Option To Buy In Texas Lease To Purchase Homes In Texas Lease options just like contracts of deed and lease-purchases are a type of executory contract. But lease options in Texas give the buyer the option of purchasing the property, but it has no terms concerning how the complete payment will be made. […]

TX Homestead Law

Texas Homestead Laws Texas Homesteads The TX homestead law protect your residence and personal property especially in bankruptcy situations. According to the Texas constitution, the term “homestead” refers to a person’s home and the land that surrounds the home.  Under this constitution, creditors cannot levy foreclosures on a debtor’s homestead. But a single person’s or […]

TREC Contracts

Texas Real Estate Contract TREC 1-4 Contract For more info on real estate contracts, call our Texas real estate lawyer today. Anyone familiar with residential sales contracts in Texas has probably heard of the One to Four Family Residential Contract or TREC 1-4 contract. Licensed Agents and brokers use TREC 1-4 contract and other forms […]

Lease To Purchase

Texas Lease Purchase Agreement Lease Options In Texas What usually happens in a lease-to-purchase (rent-to-own) arrangement is that a portion of your monthly rent payment goes to a fund that will later be used for down-payment.  There are two things that may possibly happen after the fund reaches a certain amount: The transaction is converted […]