by Hancock, McGill & Bleau | Feb 24, 2020 | Financing, Real Estate, Selling Real Estate
Financing for residential purchases including seller financing and unlicensed third-party lenders has been substantially affected by the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly called the “Dodd-Frank Act” which was passed in 2010 and... 
by Hancock, McGill & Bleau | Nov 12, 2019 | Buying Real Estate, Real Estate, Selling Real Estate
What is required to allow the seller to convey property “as is”? More particularly, do the provisions in Section 7D of the TREC contracts meet the requirements allowing a seller to convey property “as is”?The short answer to whether you can rely on the printed... 
by Hancock, McGill & Bleau | Aug 27, 2019 | Listing Real Estate, Real Estate, Selling Real Estate
Here are five relatively painless ways to reduce your liability when listing and selling real estate. Require the Use of Buyer Representation Agreements When Representing Buyers. If you do not have written authorization from both buyer and seller, you cannot qualify... 
by Hancock, McGill & Bleau | Jul 2, 2019 | Estate Planning & Probate, Real Estate
There are two relatively easy ways to transfer title to real estate at death while avoiding probate and the tax trap often created by an outright gift of real estate. These two methods of conveyance can also be used to avoid a Medicaid lien. However, neither of the... 
by Hancock, McGill & Bleau | Feb 11, 2019 | Construction, Creating Condominiums, Real Estate
This article is written for novice condominium developers. That usually means the condo project has a small number of units; typically, two to four units. I will, therefore, address some of the issues faced by a novice developer of a small unit condo regime.Required... 
by Hancock, McGill & Bleau | Oct 5, 2017 | Buying Real Estate, Real Estate
All states have a procedure for foreclosing on real property which is pledged as collateral for a loan. Most, Texas among them, have a non-judicial foreclosure procedure. As the name implies, a “non-judicial foreclosure” is conducted without the need for filing a...