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Types of Deeds

It might come as a surprise, but all deeds are not created equal. There are actually four “types” of deeds: general warranty deeds, special warranty deeds, deeds without warranty and quitclaim deeds. Each contains a different level of warranty or guaranty of title ranging from the highest warranty level in …

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September 2010 Market Report: Austin Area Home Sales Down in September, Flat Year-to-Date Heading into Fall

Austin Board of REALTORS® releases September 2010 real estate statistics According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®, Austin area homes sales were down in September compared to the same month the prior year, but remained on pace with 2009 year-to-date. According …

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Safe Act Update and a Look into the Future with the Dodd Frank Bill

On August 12, 2010, Douglas Foster, the Commissioner of the Texas Department of Savings and Mortgage Lending, issued a memorandum that basically suspended application of the Texas SAFE Act with respect to an owner of real property who in any 12 consecutive month period makes no more than five mortgage …

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August 2010 Market Report: August real estate figures show signs of improvement, Year-to-date figures on pace with 2009

Austin Board of REALTORS® releases August 2010 real estate statistics According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®, the impact of the expired homebuyer tax credits is still being felt in the Austin real estate market, yet the gap in year-over-year sales …

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July 2010 Market Report: July figures reveal early peak for Austin real estate market

Austin Board of REALTORS® releases July 2010 real estate statistics According to the Multiple Listing Service (MLS) report released today by the Austin Board of REALTORS®, the Austin real estate market appears to have experienced its summer peak early this year due to the expiration of federal homebuyer tax credits …

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