Tommye McCeig's Blogs

Home Sale Contingency: Buyer Guide

You found the house you want to buy. There's just one little complication. You already own a house, and you need to sell it. That doesn't necessarily mean you can't make an offer on the next house. Sometimes a seller will accept an offer that's contingent on the sale of your current home. Sometimes

Major Home Inspection Problems in Texas: What to Do

You found the house. Your offer was accepted. You scheduled the inspection, and then the report comes back with something that looks pretty serious. Now what? First, don't panic. An inspector's job is to find things. And when you open a long inspection report and see page after page of findings, it

How Texas Property Taxes Work When Buying a Home

Property taxes are a big part of owning a home in Texas, and they can be confusing. Two homes with similar prices can have very different property taxes depending on where they're located, which school district they're in, whether there are additional taxing districts and what exemptions apply. And

What Is PMI? A First-Time Buyer Guide

If you're buying a home and aren't putting 20% down, you may hear your lender start talking about mortgage insurance. Then you may hear PMI. Or MIP. Yes, those names are ridiculously similar. And no, you don't need to memorize all of this. What you do need to understand is that mortgage insurance ca