What Are 1031 Exchanges in Real Estate? Nobody looks forward to paying capital gains on the sale of real property, and you may have heard of 1031 exchanges as a way to defer that payment. We often get questions about 1031 exchanges, so this is a brief explanation of what they are and how they work. The […]
What’s a 1031 Exchange?
How Might You Use a 1031 Exchange to Defer Paying Taxes Call 800-929-1725 for an appointment with an an experienced real estate attorney in Wharton, El Campo or Richmond. In this article, Attorney Philip Hundl answers a question about the tax consequences of selling inherited real property and the option of using a 1031 exchange to defer […]
What Are Property Fence Laws in Texas?
What Property Fence Laws Might Affect Landowners in Texas? What are your responsibilities to fence your property? Do property fence laws in Texas require you to share in the cost of a fence or the cost of maintaining a fence? Attorney Philip Hundl answers a question about property fence laws in Texas. Question: I live […]
What Are Points on a Mortgage
Does It Make Sense to Pay Points on a Mortgage Question: I always see these low interest rate mortgages and wonder if there is a “catch.” When I call to inquire, the mortgage broker always seems to mention “points.” What are points on a mortgage? Does it make sense for me to pay points on a […]
What Are Points on a Mortgage Loan
Clients Ask “What Are Points on a Mortgage Loan”? There can be a lot of unfamiliar terms, like “points on a mortgage loan” used in connection with real estate transactions. Here, Attorney Philip Hundl talks about mortgage points and some considerations in paying points in return for a lower interest rate on your mortgage. If […]
Undivided Interests in Land
Partitioning Undivided Interests in Land. In this video, Attorney Philip Hundl talks about the steps involved in partitioning undivided interests in land. Mr. Hundl is a Shareholder of the law firm of Wadler, Perches, Hundl & Kerlick, which has offices in Wharton and El Campo in Wharton County and in Richmond in Fort Bend County. Call […]