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Thoughts flowing from the shore.

What Foundation Damage Does to a Texas Home Sale

Can You Sell a House With a Cracked Slab in Texas 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 fo

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Selling a Texas House That Has Flooded Before

Selling a Texas House That Has Flooded Before If your house sits in a Harris County flood zone, or has taken water at any point, you already know it changes the conversation with buyers. What surprises most sellers is how much of that conversation is set by law rather than by negotiation. Texas requires a seller of residential property to give the buyer a written disclosure notice covering the property's condition, and flooding is dealt with directly. The form asks wheth

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Moving for a Job and Still Owning the House

Moving for a Job and Still Owning the House A job relocation turns a house sale into a scheduling problem. The start date is fixed, the move is fixed, and the house is the one variable that refuses to cooperate. Most of the bad outcomes here come from treating it as a pricing question when it is really a timing question. Work out your actual deadline first. Not the start date — the date after which carrying two housing costs becomes painful. If the new city requires a de

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Why the Online Estimate and the Offer Never Match

What Your Texas House Is Actually Worth 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 wrong in b

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What Makes a Mobile Home Sale Different in Texas

Selling a Manufactured Home in Texas Selling a manufactured home in Texas is a different transaction from selling a stick-built house, and the difference is not cosmetic. It comes down to whether the home is legally treated as real property or as personal property, and that determines almost everything else. In Texas, manufactured housing is overseen by the Texas Department of Housing and Community Affairs. Ownership is evidenced by a Statement of Ownership rather than b

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What Your Texas House Is Actually Worth

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

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How to Sell a Texas House on a Relocation Deadline

Moving for a Job and Still Owning the House A job relocation turns a house sale into a scheduling problem. The start date is fixed, the move is fixed, and the house is the one variable that refuses to cooperate. Most of the bad outcomes here come from treating it as a pricing question when it is really a timing question. Work out your actual deadline first. Not the start date — the date after which carrying two housing costs becomes painful. If the new city req

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What Happens to Your Mortgage When You Sell

What Happens to Your Mortgage When You Sell 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 princ

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