By Lydia Blair
One of the most common mistakes and needless expenses that home sellers encounter involves the survey section of their sales contract. Despite the bold type and plain English, there are often disputes and confusion about providing a survey.
The survey section is on page 2 of the standard TREC contract. Paragraph 6C specifically addresses who will provide a survey and when it is due. Note that there are 3 options on the contract regarding the survey. One – and only one – of these options should be checked before completing the contract. The most commonly checked option is paragraph 6C (1). (more…)
Low inflation, a lower-than-expected increase in jobs, and some less-than-stellar bond market performance has upset the apple cart a bit. We consulted our most-trusted mortgage expert to find out how the quickly changing market dynamics will affect our readers. In this week’s Mortgage Report, Bob Johnson, (AKA BobMortgage) offers the kind of market insight that will change the way you look at mortgage rates from now on. (more…)
Just about 14 miles from Odessa, our Monday Midland Millionaire is an impeccably situated manse with plenty of room to roam — both inside and out.
Located at 14700 Kobyn Lane, this five bedroom, six-and-a-half-bath home has 7,491 square feet of living space on the inside, and 4.57 acres on the outside.
This time last year, and it looked like Texas would be plenty represented on HGTV — but with the end of Fixer Upper last season, the number of Texas-based shows on the network dropped to exactly none.
Last season, we saw (in addition to Fixer Upper) the debut of Flip or Flop Fort Worth. Also, the sister network DIY Network offered Texas Flip N’ Move.
But recent press releases from parent company Discovery Inc. indicate that the Fort Worth renovation show helmed by military veterans Andy and Ashley Williams is not on the lineup. (more…)
In a bid to be all the things, Zillow announced just minutes ago that it has launched new tools that will not only allow property owners and managers to collect rent and vet prospective tenants more easily, but will also provide renters with the ability to submit multiple applications for apartments at once and pay rent online.
The tools will also screen prospective tenants by performing background checks, the company said in a press release.
Renters can apply for multiple rentals by paying $29 to Zillow, and will only have to fill out one application. (more…)
Chris Beckett and Pine & Beckett Realtors is not kidding around — this 1959 Midcentury Ranch in Fannin Terrace is indeed “hip of the hip,” making it the perfect pick for our Thursday Three Hundred for the week.
This three-bedroom, two-bath home at 2503 Terrace Ave. in the Fannin Terrace neighborhood of Midland has everything you look for in midcentury architecture — high ceilings, custom shelving, tons of windows and transoms, and, Beckett said, “original brass inlay Terrazzo floors.” (more…)
By Lydia Blair
Texas Department of Insurance (TDI) recently released the 2016 Title Agent Statistical Report. Yes, this is now the summer of 2018, so those stats are a bit dated. What can I say? It’s a government agency.
TDI licenses and oversees all title agents in Texas. Our state’s title insurance business is highly regulated and title companies are audited at least every 2 years. Every agency must account for every dime they take in and every dollar they spend. (more…)
For this week’s Tuesday Two Million, we found an estate in Odessa that has everything you could possibly want in a west Texas mansion — acres and acres of land, plenty of space for guests, and quarters for your horses.
Vicki Vickers with Tom Sorrells, Realtors said the list of amenities at 16325 Chinaberry in Odessa doesn’t stop there. “This custom designed home sits on 35 acres of land and has a duplex for guests,” she said. That duplex has three bedrooms and two bathrooms.