Appraised Value, Market Value and What a Buyer Will Pay
Appraised Value, Market Value and What a Buyer Will Pay Three numbers get called the value of your house and they are not the same thing. Confusing them is behind most of the frustration sellers feel when an offer arrives. The first is the county appraisal district's assessed value, which exists to calculate property tax. Texas is a non-disclosure state, meaning sale prices are not public record, so appraisal districts estimate from the data they can get. That figure is
Appraised Value, Market Value and What a Buyer Will Pay
Why the Online Estimate and the Offer Never Match Three numbers get called the value of your house and they are not the same thing. Confusing them is behind most of the frustration sellers feel when an offer arrives. The first is the county appraisal district's assessed value, which exists to calculate property tax. Texas is a non-disclosure state, meaning sale prices are not public record, so appraisal districts estimate from the data they can get. That figure is often
Why the Online Estimate and the Offer Never Match Three numbers get called the value of your house and they are not the same thing. Confusing them is behind most of the frustration sellers feel when an offer arrives. The first is the county appraisal district's assessed value, which exists to calculate property tax. Texas is a non-disclosure state, meaning sale prices are not public record, so appraisal districts estimate from the data they can get. That figure is o
What Foundation Damage Does to a Texas Home Sale Foundation movement is close to a statewide condition in Texas. Much of the state sits on expansive clay that swells when it rains and shrinks in drought, and slab foundations move with it. Doors that stick in August and close fine in March are telling you about soil moisture, not carpentry. That ubiquity cuts both ways when you sell. Buyers here are less shocked by foundation work than buyers elsewhere, and a repaired fou
You Inherited a House in Texas and You Do Not Live Here
Managing a Texas Property Sale From Another State Inheriting Texas property while living somewhere else combines two problems that are manageable separately and awkward together: establishing your authority to sell, and doing everything at a distance. Authority comes first. A title company will want proof that ownership passed properly. If there is a will going through probate, the executor generally has authority once the will is admitted and letters testamentary issue.
Why Vacant Texas Houses Get Harder to Sell An empty house is not a paused house. It is a house that is quietly deteriorating and costing money, and in the Texas climate it does both faster than owners expect. Start with the insurance problem, because it is the one that turns an inconvenience into a loss. Most standard homeowner's policies contain a vacancy clause that limits or voids coverage once a property has been unoccupied beyond a set period, commonly thirty or six
You Inherited a House in Texas and You Do Not Live Here
Managing a Texas Property Sale From Another State Inheriting Texas property while living somewhere else combines two problems that https://fernandogzay105.quillnesty.com/posts/why-the-online-estimate-and-the-offer-never-match are manageable separately and awkward together: establishing your authority to sell, and doing everything at a distance. Authority comes first. A title company will want proof that ownership passed properly. If there is a will going through probat
Selling a House You Still Owe Money On Most people sell a house they still owe money on, and most have only a rough idea of the mechanics. The mortgage does not transfer and it does not simply vanish. It gets paid off out of the proceeds at closing, and the order in which that happens explains several things that otherwise look strange. At closing the title company requests a payoff statement from your lender. That figure is not your remaining principal. It is principal