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Thoughts, stories, and musings.

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What Heirs Should Know About a Reverse Mortgage in Texas

Selling a Texas House With a Reverse Mortgage A reverse mortgage lets an older homeowner draw against equity without monthly payments. The loan is not forgiven; it becomes due when a maturity event occurs, and that is usually the point at which the family first has to understand it. Maturity events are defined in the loan documents and typically include the death of the last surviving borrower, the borrower permanently leaving the home, or a breach of the obligation to k

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Selling a Texas House That Is Full of Belongings

Selling a House You Cannot Empty A house packed with a lifetime of belongings is a common situation and rarely the one people plan for. It usually arrives with a death in the family, a move to assisted living, or a long decline nobody wanted to confront. The first thing worth saying is that the contents do not have to be resolved before you decide what to do with the property. Sellers routinely delay for months, paying taxes, insurance and utilities on an empty house, be

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Selling an Inherited Texas House When There Is More Than One Heir

Selling an Inherited Texas House When There Is More Than One Heir Inheriting a house with brothers and sisters turns a property question into a family one. The legal side is usually more straightforward than people expect. The hard part is that every heir has to agree, and nothing moves until they do. Start by establishing who actually owns the property. If there was a will and it went through probate, the executor's authority is on record and the chain of title is

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When You and Your Siblings Inherit a House in Texas

Selling an Inherited Texas House When There Is More Than One Heir Inheriting a house with brothers and sisters turns a property question into a family one. The legal side is usually more straightforward than people expect. The hard part is that every heir has to agree, and nothing moves until they do. Start by establishing who actually owns the property. If there was a will and it went through probate, the executor's authority is on record and the chain of title is clean

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