Tip of the Week

A Refresher on Back-Up Contracts

Today, Dawn discusses the Addendum for “Back-Up” Contract and how it works.

When is a notice of termination required?

Today, Dawn discusses when a notice of termination is required to preserve the right to terminate under a contract contingency.

Reminder of the three day rule on Property Approval

Today, Dawn addresses the impact of the term “time is of the essence” as it relates to Buyers right to terminate.

Should title companies accept option fee checks?

Today, Dawn discusses the need to strictly adhere to the contract with regard to delivery of option check.

Who requires the T-47 affidavit to be notarized prior to delivery?

Today, Dawn addresses the contractual requirement for the T-47 to be notarized prior to delivery to the Buyer.

What is Title Insurance?

This week, Dawn provides a 3-minute refresher course on title insurance.

A refresher on how to handle an option period

Today, Dawn re-addresses the impact of having no option period either through non-payment or late payment.

Proposed changes to how the Option Fee will be paid

Today, Dawn presents the proposed revisions to the contract regarding how the option fee is to be handled.

What is the effect of Buyer’s Notice of Termination under an option, when no option exists?

Today, Dawn addresses the misconception that Buyer is in default when a Buyer sends a termination notice under an non-existent option.

Allegiance Locations

Houston Locations

Galleria Katy
The Woodlands Vintage

San Antonio Location

San Antonio