3 MOST COMMON MISTAKES
WHEN BUYING a HOME!
Hiring licensed professionals in their respective field
to perform the following will help reveal any potential challenges
that may be hidden from the untrained eye.*


1. READ & UNDERSTAND ALL CONTRACTS
& AGREEMENTS BEFORE SIGNING:
Regardless what you think you agreed to, Make sure it's in writing.
If it's not in writing DO NOT SIGN until you &
the seller clarify in writing what you both expect or
Seek legal assistance if necessary.
Remember, verbal agreements are as good
as the paper they're written on!

2. INSPECTIONS:
Have the foundation, roof, plumbing, home,
& termite inspections all performed before purchase.

3. FINANCING:
Regardless if a bank, some other lending institution or the seller
is allowing you to purchase the home over time try to avoid...
...an "adjustable" interest rate (Get a "fixed" interest rate);
...a "Balloon" payment (Get a 15yr or 30yr "maturity" date);
...a "Pre-payment Penalty" (Be able to "refinance" as soon as you wish).

4. RENT-to-BUY:
Understand that this term is exactly what it means,
You are only renting the house until you can buy it
within a specific period of time and are NOT PROMISED OWNERSHIP
just for living there for a certain length of time.

So DO NOT confuse it with "Rent-to-OWN", "Seller Finance", "Owner Finance", "Agreement for Deed", "Contract for Deed", or any other loan or mortgage.
You DO NOT OWN the house! You are just a TENANT until you buy it!
The only way you can ever own the house is by BUYING it according
to the terms of your written Residential Purchase Contract!

CONCLUSION:
Because the potential for mistakes & risk are always present in any financial transaction we recommend consulting with a experienced real estate attorney and continue educating yourself in an effort to decrease future challenges.*
FEEL FREE to CALL US for MORE ASSISTANCE!
(361) 688-7326

 
3 MOST COMMON MISTAKES
 WHEN FACING FORECLOSURE!

1. MAKING PARTIAL PAYMENTS:
Just because your lender accepts some money or
Makes a verbal agreement with you over the phone,
It does not mean they have to stop the foreclosure.
So be sure to get everything in writing before sending a dime!

2. STAYING UNTIL YOU'RE THROWN OUT:
Before law enforcement shows up to kick the door in & drag you out by the hair
it's better to have a plan on where you will go & be able to relocate with dignity.

3. ABANDONMENT:
Before you leave, do not allow the bank to just foreclose on your property, rather
GET CASH NOW for your house regardless of its condition!

CALL US for more details 
FREE of CHARGE
(361) 688-7326
 
 *THE ABOVE INFORMATION IS PROVIDED FOR EDUCATIONAL PURPOSES ONLY AND THIS WEBSITE IS DESIGNED TO PROVIDE GENERALLY ACCURATE INFORMATION IN REGARD TO THE SUBJECT MATTER COVERED AND ADVERTISE REAL ESTATE DEALS FROM DIFFERENT SELLERS. HOWEVER, WE RESERVE THE RIGHT TO ALTER THIS INFORMATION WITHOUT PRIOR NOTICE AND MAKE NO WARRANTIES THAT THIS CONTENT WILL APPLY TO YOUR SITUATION. DO NOT MAKE DECISIONS SOLELY BASED ON ITS CONTENT. REIFYNET LLC AND TXCASAS DOES NOT OFFER LEGAL, ACCOUNTING, OR ANY OTHER PROFESSIONAL ADVICE,  NO MORTGAGE, NO NOTE, OR ANY FORM OF FINANCING. EACH PERSON'S SITUATION IS UNIQUE AND YOU SHOULD SEEK THE COUNSEL OF A QUALIFIED PROFESSIONAL. ALL SERVICES OFFERED ARE AVAILABLE IN TEXAS ONLY.
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