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February 2007 Market Report: February Home Sales Reflect Continued Growth

The Austin area market continues to experience healthy numbers, according to the latest property listings report from the Austin Board of REALTORS®. Experiencing a 1 percent increase from last February, single-family home sales totaled 1,714. The sales contributed $400,330,410 to the local economy, reflecting a 5 percent improvement from 2006. …

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ACTRIS Bulletin First Quarter 2007

Read the ACTRIS Bulletin First Quarter 2007 to learn about free classes scheduled in March that offer a preview of MLXchange, how IDX sites and Austinhomesearch will feature a consumer-friendly map, about advanced tax features that will be incorporated with TEMPO by end of March, and more.

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What You Should Know about Probate

There are three probate truths you might as well accept. First, probate is ubiquitous — sooner or later almost everyone will be involved in a probate proceeding. Second, it is the most misunderstood legal proceeding in America. Third, everyone is afraid of it and believes it should be avoided at …

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January 2007 Market Report: January Property Sales Show Continued Growth

The latest Multiple Listing Service (MLS) report from the Austin Board of REALTORS® indicates that the Austin real estate market continues to rise, with growing sales in single-family, townhouse and condominium properties. The 1,452 single-family homes sold for the month contributed $352,426,536 to the local economy, reflecting a 1 percent …

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Third Party Financing Approval in TREC Contracts

Last month’s Legal Topics article, “Timing is Everything: Setting Realistic Deadlines in Contracts,” has given rise to some confusion regarding what constitutes loan approval in the TREC contract forms. Third Party Financing Approval in TREC Contracts will shed more light on this topic and revisit the issues of third party loan …

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