Foreclosure, short sale, and REO aren’t the same thing. Here’s the plain-English difference — and what each means for a Houston buyer.
What is a Seller Lease Back?
A seller lease-back lets the seller stay a short while after closing. Here’s how Texas’s Seller’s Temporary Residential Lease works for buyers and sellers.
Why is the seller asking for my Highest and Best offer?
Asked for your “highest and best” offer? It means multiple offers. Here’s how to compete in a hot Houston market — without overpaying.
What is a financing contingency in a home purchase contract?
A financing contingency lets a Texas home buyer cancel and recover earnest money if their loan falls through. Here’s how the Third Party Financing Addendum works.
What is a termination option in a Texas Earnest Money Contract?
The Texas option period lets a buyer cancel a contract for any reason and get their earnest money back. Here’s how the window and option fee work.
What is an earnest money contract?
Earnest money is your good-faith deposit in a Texas home purchase. Here’s how it works, when you get it back, and how it differs from the option fee.
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