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When used in the context of residential real estate, it is also called "bond-for-title" or "owner financing." [ 1 ] Usually, the purchaser will make some sort of down payment to the seller, and then make installment payments (usually on a monthly basis) over a specified time, at an agreed-upon interest rate , until the loan is fully repaid.
In real estate business and law, a title search or property title search is the process of examining public records and retrieving documents on the history of a piece of real property to determine and confirm property's legal ownership, and find out what claims or liens are on the property. [1]
Owner financing is an arrangement in which an owner or seller, rather than a bank or mortgage lender, extends financing to a buyer. This can be a viable option for buyers who don’t qualify for a ...
Because of growing concerns that sales via land contract might violate truth in lending laws, the Consumer Financial Protection Bureau (CFPB) is considering regulating these real estate sales. [2] In 2015, Texas law was changed to automatically place the legal title to the property with the buyer by filing the contract with the deed records ...
Real estate commissions: If you’ve hired a real estate agent, you’ll be responsible for paying their commission fee. This usually runs between 2.5 and 3 percent of the home’s sale price ...
The Texas Pacific Land Corporation is a publicly traded real estate operating company with its administrative office in Dallas, Texas. Owning over 880,000 acres (3,600 km 2 ) in 20 West Texas counties, TPL is among the largest private landowners in the state of Texas .
Texas Pacific Land Corp. owns nearly 900,000 acres in energy-rich West Texas, an area greater in size than Yosemite National Park. AI boom drives shares of sleepy Texas land firm up 200% Skip to ...
Royalties and proceeds from land sales are added to the state's Permanent School Fund, which helps to fund public education within the state. [2] The agency is also responsible for keeping records of land grants and titles and for issuing maps and surveys of public lands. [3] The agency also manages federal disaster recovery grant funding. [4]
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