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Legal Service

Maximizing Profit from Selling Land to Developers in Texas

Selling land to developers in Texas can be a rewarding opportunity. When land is located in a growing area, its value increases. Developers often look for land to build homes, stores, or offices. But making a profit requires more than just putting the land on the market. It is important to understand what buyers look for before putting up a

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Financial & Real Estate Law

Avoid Probate: Secure Your Rural Property with Proper Planning

Estate planning is a critical step for rural property owners. If you own farmland, ranchland, or land with mineral rights, planning ahead matters more than ever. These properties are often valuable and can be complex to transfer. Without the right legal documents, your family might face delays and disagreements. A strong will or trust helps protect your land, your legacy,

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Case Studies

How a Cell Tower Land Sale Secured Retirement

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

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Real Estate Financing

Wrap Deal in Real Estate: How It Works

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

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Real Estate Transactions

Owner Financing in Texas: Benefits and Risks Explained

Owner financing in Texas, also known as seller financing, is a smart and flexible way to buy and sell real estate without relying on traditional banks. This comprehensive guide will walk you through the legal requirements, documentation, and strategic considerations for successful owner financing transactions in Texas. As experienced Texas real estate attorneys, we’ve helped hundreds of clients navigate the

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Real Estate Basics

Understanding real estate contracts: A Guide for Buyers and Sellers

Real estate contracts are essential for buying and selling property in Texas. They provide clarity and protection for everyone involved. Whether you are an experienced investor or a new professional entering the market, knowing these legal agreements is important. These contracts outline promises, rights, and responsibilities, reducing risks and paving the way for smooth transactions. From purchasing residential properties to managing

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Financial & Real Estate Law

Lis Pendens in Real Estate: What You Need to Know

Every Real estate transactions often come with complex legal processes, especially when property disputes arise. One legal term many property owners and investors encounter is Lis Pendens. This Latin phrase, translating to “pending litigation,” serves as a legal notice indicating that a property is tied to an ongoing lawsuit. Understanding Lis Pendens is important for protecting your interests. It helps

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Financial & Real Estate Law

How to Use an Affidavit of Heirship in Texas Real Estate Transactions

Understanding Texas real estate laws is crucial for anyone engaging in property transactions in Texas. When a property owner passes away without a will, families often face confusion about how ownership will transfer. One effective tool to simplify matters in these cases is the affidavit of heirship. This document can help heirs legally establish their rights to a property without

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Financial & Real Estate Law

What is Adverse Possession in Texas Real Estate Law

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

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Post-Closing Concerns

How are Property Taxes Handled at Closing in Texas

When buying or selling property in Texas, property taxes are an important part of the closing process. Buyers and sellers need to understand them. These taxes play a critical role in the financial obligations tied to the property, often requiring well-calculated adjustments during a transaction. If mishandled, property tax issues can lead to complications, such as disputes about the correct

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