Well, I have written about large power lines and pipelines coming through Walker County before and here we are in Walker County with another new pipeline project. This time a Bahia Pipeline LLC is putting in a major gas pipeline. Many of you may have been contacted in the last few months about access for …
I have never been a fan of Reverse Mortgages. Reverse mortgages, usually obtained from financial institutions, allow people who are at least 62 years of age to convert their home equity into cash, which is received by the homeowner either as a lump sum, a line of credit, or monthly payments. The loan becomes due, …
Continue reading “ESTATE PLANNING WITH PRIVATE REVERSE MORTGAGES”
Real estate is as HOT as the temperatures here in Texas. You hear of property selling before it is on the market. But don’t get in too big of a rush. What if you learned after you spent what is typically the largest expenditure in a person’s life, that your deed was not valid or …
In the past, a common method of seller financing was through a Contract for Deed. In this transaction the seller and purchaser enter into an agreement that the purchaser will make payments over time and once a certain amount is paid the seller will deed the property to the purchaser. If you have previously or …
You would not believe what I have found right here in Walker County, Texas with regards to property records. Hand written, homemade, or instruments that have nothing to do with what they state they are, all purporting to convey property. Just this week, I had a family trying to refinance their property. Issue was, a …
Last night I took my youngest son, Billy, to a Huntsville Independent School District Meeting. He is working on his Eagle Scout requirement and needed to attend a public meeting. Last night’s topic was on the recently passed bond and an overview of the construction process moving forward. While a very exciting time in Huntsville, …
One of the more common questions I get asked is “Do I need a survey for this transaction?” or “Will my old survey work?” In true lawyer-fashion….the answer depends. It is very important to have a good legal description of the property when performing a title exam. A street address or Tax I.D. number are …
The information in this column is not intended as legal advice but to provide a general understanding of the law. Any readers with a legal problem, including those whose questions are addressed here, should consult an attorney for advice on their particular circumstances. Despite the doom and gloom you hear on the national news each …
“THE LEGAL CORNER” By Sam A. Moak TAX CREDITS FOR HISTORIC PRESERVATION The information in this column is not intended as legal advice but to provide a general understanding of the law. Any readers with a legal problem, including those whose questions are addressed here, should consult an attorney for advice on their particular circumstance. …
