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Selling a Tenant-Occupied House in Texas

Selling a Tenant-Occupied House in Texas You can sell a house in Texas with a tenant living in it. What you cannot do is sell it as though the tenant is not there. The lease is an obligation that travels with the property, and understanding that early saves a great deal of friction. A lease survives the sale. When the property changes hands the new owner steps into the landlord's position and takes the lease as written, for whatever term remains. A buyer who wants t

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Selling a Texas House With a Reverse Mortgage

When a Texas Reverse Mortgage Comes Due A reverse mortgage lets an older homeowner draw against equity without monthly payments. The loan is not forgiven; it becomes due when a maturity event occurs, and that is usually the point at which the family first has to understand it. Maturity events are defined in the loan documents and typically include the death of the last surviving borrower, the borrower permanently leaving the home, or a breach of the obligation to keep ta

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Selling a Texas House With a Tenant Still Living In It

Can You Sell a Rental in Texas With a Tenant in Place You can sell a house in Texas with a tenant living in it. What you cannot do is sell it as though the tenant is not there. The lease is an obligation that travels with the property, and understanding that early saves a great deal of friction. A lease survives the sale. When the property changes hands the new owner steps into the landlord's position and takes the lease as written, for whatever term remains. A buyer who

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Can You Sell a Rental in Texas With a Tenant in Place

Selling a Texas House With a Tenant Still Living In It You can sell a house in Texas with a tenant living in it. What you cannot do is sell it as though the tenant is not there. The lease is an obligation that travels with the property, and understanding that early saves a great deal of friction. A lease survives the sale. When the property changes hands the new owner steps into the landlord's position and takes the lease as written, for whatever term remains. A buyer wh

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Inheriting a Texas House With Your Siblings

Inheriting a Texas House With Your Siblings Inheriting a house with brothers and sisters turns a property question into a family one. The legal side is usually more straightforward than people expect. The hard part is that every heir has to agree, and nothing moves until they do. Start by establishing who actually owns the property. If there was a will and it went through probate, the executor's authority is on record and the chain of title is clean. If there was no will

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Foundation Repair and Selling a House in North Texas

Foundation Repair and Selling a House in North Texas Foundation movement is close to a regional condition across North Texas. The expansive clay soils under much of Dallas, Fort Worth and the surrounding suburbs swell when wet and shrink when dry, and slab foundations move with them. Buyers here know this, which cuts both ways. Because it is common, a foundation issue is not automatically a deal breaker in this market. What buyers react badly to is uncertainty. A do

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What Happens to the House in a Texas Divorce

Dividing a House in a Texas Divorce In a divorce the house is usually the largest asset and the one with the most strings attached. Texas is a community property state, which shapes the whole question in ways that surprise people who have moved here from elsewhere. The first distinction is between community property and separate property. Broadly, what either spouse acquired during the marriage is community property. What one spouse owned before the marriage, or received

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Code Enforcement, Liens and Selling a House in Texas

What Municipal Liens Do to a Texas Home Sale Code enforcement problems tend to accumulate quietly. A citation for tall grass or an inoperable vehicle feels minor, and it usually is, right up until the city abates the condition itself and charges the cost against the property. That is the mechanism worth understanding. When a municipality mows a lot, boards a structure, or clears debris after an owner has failed to comply, it can assess the cost and, on filing,

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