There are many ways to buy property in Texas. Some people pay in cash. Others use a bank loan. Some choose a more flexible route like seller financing. Deciding which option to choose depends on your budget, goals, and how fast you need to close. Understanding these options can help you make better choices and avoid problems later. In This
The Daughtrey Law Firm, based in Houston, Texas, recently represented an elderly landowner in the sale of their rural property to a cell tower company. The client owned a large parcel of country land, part of which was leased to a telecommunications company for a cell tower. As the client approached retirement age, they sought to sell the entire property
Introduction On March 26, 2025, the U.S. Department of Housing and Urban Development (HUD) released a pivotal update that will reshape the American housing finance landscape. Effective May 25, 2025, non-permanent residents will no longer be eligible for FHA-insured loans. This sweeping change, documented in Mortgagee Letter 2025-09 and Title I Letter 490, reflects the federal government’s shift in prioritizing
If you own land in Texas, you might have an abandoned oil or gas well on your property without realizing it. These wells, called orphan wells, can create serious problems for landowners. They often leak harmful substances, reduce land value, and lead to legal responsibilities. Knowing how to identify, report, and handle these wells is crucial. Protecting your property and
Buying or selling a farm or ranch in Texas is more than just a handshake and a price tag. It needs a good understanding of the Texas Farm and Ranch Contract. The Texas Real Estate Commission (TREC) created this important document. It guides rural property transactions. It ensures transparency and protects the interests of both buyers and sellers. The contract
Executive Summary A limited liability company (LLC) in Utah owns the mineral rights to a valuable oil property. This property is now at the center of a big royalty dispute. This conflict arose due to ambiguous land titles and instances of unauthorized oil extraction. Compounding the issue, a major oil company commenced drilling operations on the property without securing a
Buying or selling real estate can create financial challenges. Traditional loans do not always meet everyone’s needs. This is where a creative solution known as a “wraparound mortgages” steps in. In Texas real estate, wraparound financing, or “wraps,” is popular. It lets sellers avoid traditional banks. Instead, they act as lenders. While this can benefit both buyers and sellers, wraps
Navigating the world of real estate can be complex. Whether you’re buying, selling, or investing, legal issues often arise. In such cases, a real estate attorney can be invaluable. They provide legal guidance, ensuring your interests are protected. But when should you hire a real estate attorney? This question is common, especially in Texas where real estate transactions are frequent.
Owner financing in Texas, also known as seller financing, is a smart and flexible way to buy and sell real estate. It avoids the need for traditional banks. Instead, the property seller extends credit to the buyer, enabling the buyer to make payments over time. This method is especially attractive to people who may not qualify for regular mortgages. It
Selling land or oil and gas rights is a significant decision that requires careful preparation and informed decision-making. This guide walks you through the process, addressing legal and tax considerations while avoiding common pitfalls. In This Article: Overview of the Process Evaluating the Value of Your Rights Legal Considerations Marketing and Negotiation Closing the Deal Benefits and Risks of Selling
Adverse possession may seem like a loophole for taking ownership of another person’s land, but in reality, it serves an important function in Texas real estate law. The doctrine exists to encourage productive land use and ensure that property rights remain actively managed. Under specific conditions, an individual who occupies land without legal ownership may eventually gain legal title through
The Right of First Refusal (ROFR) is an important legal tool in Texas real estate. It impacts property deals and ownership relationships. If you own a property, you may want to control future sales. If you are a buyer, you might want first access to a property you desire. Understanding how a Right of First Refusal (ROFR) works can be
Understanding the critical deadlines in Texas real estate contracts is essential for smooth and successful transactions. These timelines are not just formalities—they act as a guide to keep all parties on track. Missing one could derail a deal, cause delays, or even result in termination of the contract. Whether you are a buyer, seller, investor, or broker, knowledge of these
Land surveys are a cornerstone of any real estate transaction. They offer clarity on the size, boundaries, and features of a property. However, survey discrepancies can surface, creating legal and financial headaches for buyers, sellers, and even neighboring landowners. This is particularly true in rural areas, where records may be outdated or incomplete. Boundary disputes, easement overlaps, and missing surveys
Buying rural land in Texas can be an exciting adventure. However, it often has its own challenges. One major issue is understanding and fixing land survey gaps and overlaps. These issues can lead to confusion among buyers and sellers, potentially jeopardizing real estate transactions. This guide offers helpful tips and advice. It aims to help you overcome common challenges. This
A 1031 exchange gives real estate investors a chance to boost their investments. They can defer taxes when they swap one property for another. One critical aspect of executing a successful 1031 exchange is managing simultaneous closings. This process can be confusing. However, knowing the steps is important for handling real estate transactions. This guide explains the basics of simultaneous
Easements are very important in rural real estate. They help farmers and ranchers who need access to different lands for their work. Understanding these legal arrangements, along with the potential disputes they might bring, is vital for anyone involved in property ownership or real estate transactions in Texas. This blog post will delve into the intricacies of easement, their importance
Understanding the costs associated with lawyer consultation fees can be critical in navigating the often complex legal landscape. By exploring various factors that influence these fees, clients can better prepare themselves financially and make informed decisions when seeking legal advice. This guide aims to illuminate the intricacies of attorney fees, providing insights that will empower you to manage expectations and
When buying or selling land in Texas, especially for farmers and ranchers, doing “due diligence” is very important. This thorough examination ensures informed decisions by understanding the land in question deeply.
Navigating the complex world of mineral acquisitions requires expertise, precision, and a deep understanding of the legal landscape. This process involves not only the assessment of valuable assets but also intricate negotiations and compliance with numerous regulations. The Daughtrey Law Firm is located in Houston, Texas. It is well-known for its skills in real estate and oil and gas law. With
“Nixon accurately predicted what the buyers would say and do during the course of the sale, So I could focus on MY goals and avoid distractions that would have delayed the deal. ”
“I felt like a highly valued client even though my project was not a large project. ”
“The Daughtrey Law Firm helped me to protect myself and my business! It is one of the best Houston TX law firm which provides awesome Houston residential real estate attorney service.”
“Nixon really cares about the details and the process was easy to understand after he explained everything. I recommend him as best real estate attorney in Texas for legal consultation. ”
“Nixon really cares about the details in mineral rights and the process was easy to understand after he explained everything. Delighted to work with such co-operative mineral rights lawyer.”
“Nixon accurately predicted what the buyers would say and do during the course of the sale, So I could focus on MY goals and avoid distractions that would have delayed the deal. ”
“I felt like a highly valued client even though my project was not a large project. ”
“The Daughtrey Law Firm helped me to protect myself and my business! It is one of the best Houston TX law firm which provides awesome Houston residential real estate attorney service.”
“Nixon really cares about the details and the process was easy to understand after he explained everything. I recommend him as best real estate attorney in Texas for legal consultation. ”
“Nixon really cares about the details in mineral rights and the process was easy to understand after he explained everything. Delighted to work with such co-operative mineral rights lawyer.”
“Nixon accurately predicted what the buyers would say and do during the course of the sale, So I could focus on MY goals and avoid distractions that would have delayed the deal. ”
