Tip of the Week

What are the issues with the new procedure for payment of option fee?

Today, Dawn exposes some recurring issues with payment and deposit of the option fee and what to do when it is paid to the wrong party.

What does the new contract require for receipt of option fee and earnest money?

Today, Dawn discusses the contractual obligation to credit the earnest money and option fee in a particular order and it controls over an incorrectly signed receipt by escrow agent.

What is a buyer really waiving under the appraisal addendum?

Today, Dawn explains a common misunderstanding as to what is waived under the appraisal addendum and, alternatively, how to protect a buyer!

What is the purpose of the appraisal addendum?

Today, Dawn discusses the purpose of the appraisal addendum and how it works.

Hot topic: How to handle multiple offers?

Today, Dawn discusses issues surrounding multiple offers coming from this high-demand, low-inventory market.

Selling a property as-is in a multiple offer market

Today, Dawn discusses obligations of the Seller and rights of Buyers on an as-is property sale during a strong seller’s market.

All cash contracts which close with third party financing

Today Dawn emphasizes that financing is a contingency in favor of the Buyer.  It is not an obligation of the Buyer.

Change to the Addendum for Property Subject to Mandatory Membership in a POA

Today, Dawn discusses the change in the Addendum for Property Subject to Mandatory Membership in a Property Owners Association which will be available with the new contract.

New Addendum Regarding Residential Leases

Today, Dawn discusses the Addendum Regarding Residential Leases which will be available and required with the new contract when the property is subject to a Residential Lease.

Allegiance Locations

Houston Locations

Cypress Galleria
Memorial Vintage