Can a seller refuse to let a buyer inspect?

My offer on a property listed "as is" was accepted by the seller, but he won't make the property available for inspections. I know he doesn't want to make any repairs, but can he refuse to let me inspect the house? No. If you used the Texas Real Estate Commission's One to Four Family Residential Contract, the seller cannot prevent you from having the property inspected. This form includes a paragraph that says the seller has to give the buyer or buyer's agent access to the property at reasonable times and allows you to have the property inspected. Unless that was modified in the contract, the seller could be found in default for refusing to grant you access.

Do I have to fill out a seller's disclosure on an investment property?

I'm selling a rental house in South Padre Island that I haven't seen in 10 years. My property manager takes care of it for me. Instead of filling out a seller's disclosure notice, can I provide a statement that I haven't seen the property in years and don't know its condition? No. You are required to provide a seller's disclosure notice, which discloses what you know about the property. The fact that you haven't seen the property in 10 years doesn't exempt you from this notice requirement. Knowledge about the property can come from sources other than a visual examination, such as complaints from tenants or reports from your property manager.

Planning to buy your first house this summer? Here's what you need to know

If you're thinking of buying your first home this summer, you should hire a Texas REALTOR® right away. Why? The summer selling season is going to be competitive. The latest Texas Quarterly Housing Report shows that monthly housing inventory continued to drop in the first three months of 2015, falling to a new all-time low of 3.1 months, a decrease of 8.82% from the same quarter last year. Since summer is already a popular homebuying season, and many markets in Texas will experience high demand, you need to be prepared to move quickly when you find a property you love. If you begin working with a Texas REALTOR® this spring, you'll be ready to do just that. A Texas REALTOR® can help you determine what kind of property you're looking for, how much you can afford, and other factors that will help you be ready to make quick decisions. And as a first-time homebuyer, you'll need the extra help, due in part to the current market. Jim Gaines, Ph.D., economist with the Real Estate Center at Texas A&M University, says homes are being built quickly, but many aren't in the price range for the entry-level market. "Interest rates are still low, but tight lending standards, rising home prices, and slim inventory have created a tough market for first-time homebuyers," he says.

One project homeowners should never DIY

During our time as homeowners, my husband and I have painted rooms, installed ceiling fans, landscaped the front and back yards, and even replaced a garbage disposal-all ourselves. But one thing we'll never DIY is selling our home. There's a lot to know about disclosure, time periods, pricing, and accepting offers, so when we decided recently that it was time to move, our first step was to meet with a Texas REALTOR®. She walked us through the selling process and explained tasks we should complete to help the property look its best, like decluttering and making minor repairs. She even taught us a few things about how much properties have appreciated in our neighborhood and how quickly these houses are selling. If you're thinking about listing your home, talk with a Texas REALTOR®. He or she can help you understand the process and take much of the stress off your shoulders. As for us, we have a few more trips to the home-improvement store in our future before that for sale sign hits the ground.

Demand for Texas homes continues to soar

3 Texas cities attract the most interest from homebuyers online The Lone Star State is home to some of the hottest housing markets in the U.S., including number one. Read more at realtor.com. Texas home prices are likely to keep climbing The trend will continue statewide if inventory stays tight and demand stays high. Read more from KBTX. Bryan-College Station sees an increase in housing demand Rising prices are creating a seller's market. Read more from KAGS. East Texas homebuyers act fast as mortgage rates drop Favorable rates are making real estate purchases even more attractive. Read more from KTRE. Why home sales are up in San Antonio The city's competitive market is favorable to sellers, but there's still good news for buyers. Read more from Texas Public Radio. Texas REALTORS® demand tax relief and transportation funding Thousands of real estate professionals met with their legislators at the state Capitol on April 14 to advocate for private-property owners. Read more in the Austin Business Journal.

A money-saving tip 70% of homebuyers don't know about

How would you feel if you got home from the grocery store and found a $3 coupon on your kitchen table for the $8 bottle of olive oil you just bought? Frustrating, right? Now imagine your reaction if a similar thing happened after you bought a house. No, you're not going to find a coupon for your next home. But there are more than 2,200 homebuyer assistance programs in the U.S., many of which could save you thousands of dollars on your home purchase. Assistance programs exist for first-time buyers, people who work in certain professions, buyers with modest incomes, veterans, people who purchase certain types of properties, and other circumstances. Many of these programs reduce the amount of your downpayment, lower your closing costs, or provide a lower interest rate than you could otherwise get. Yet 70% of adults don't even know these programs exist, according to a survey by NeighborWorks America. If you were among that 70% before reading this, do something for your own good: Explore assistance programs on txhomeprograms.org. Better yet, work with a Texas REALTOR® to identify programs that may save you a bunch of money.

Give yourself an option

Whoever invented the undo function in computer software is one of my heroes. Think about it: If something doesn't turn out the way you intended, hit Control + Z and-poof-it never happened. There aren't many places in life where you get to undo your actions like that, but the option period in a real estate contract is one of them. It lets you walk away from purchasing property, legally undoing your contract. How do I know? At my REALTOR®'s urging, I purchased an option period in the contract to buy my current home. With three days remaining in that period, my home inspector found a leak in the plumbing system that he couldn't pin to a source. The next day, I had a plumber scour the house. I was ready to exercise my termination option, to undo the contract, if he couldn't figure out what was going on. He eventually located the source: a faulty valve in the sprinkler system. No big deal. The seller fixed it, and I bought the house. If that leak had turned out to be something larger, however, I had the chance to hit Control + Z on the whole deal. That's what the option period is for, and it's right there in your real estate contract.