Why is my spouse (or ex-spouse) being required to sign documents when they aren’t on the loan or title?
Short answer: In Texas, the primary factor is homestead law, secondary to community property laws. If the property is (or could be) the couple’s homestead, both spouses must consent to sell or mortgage it. Title insurers and lenders build [...]
Escrow is the process of placing funds in trust with a third party until all conditions are met. The Escrow Agent for our TREC contracts is the neutral third party holding trust funds, conducting the closing, and making disbursements after the closing and funding. This could be a [...]
What is “survey coverage”? The contract is so confusing!
In Texas, the base Owner’s Title Policy does not include title insurance coverage for issues related to the property’s survey such as boundary lines or encroachments. These are among the [...]
