Thom Lemon

A real estate agent is licensed to help people buy and sell real estate, and collects a commission when a transaction is complete. An agent may represent through their sponsoring broker either a buyer or seller. A real estate broker does the same job as an agent but is licensed to work independently and may sponsor agents. Brokers are paid by commission and also receive a percentage of the commissions of agents who they sponsor. A REALTORA(R) is a member of the National Association of Realtors (NAR) and may be an agent or a broker. Thom Lemon is a Broker in Texas and is also a REALTORA(R). Thinking about buying or selling real estate in Austin, TX? Call/Text Thom at 512-346-7355 or email him at [email protected]

When a property listed as contingent, it means the seller has accepted an offer, but they have opted to keep the listing active in case certain contingencies are not met by the prospective buyer. Contingent also means a prospected buyer is under contract to purchase a property contingent upon successfully selling their existing property. Thom Lemon is a Broker in Texas and is also a REALTORA(R). Thinking about buying or selling real estate in Austin, TX? Call/Text Thom at 512-346-7355 or email him at [email protected]

There Several Options When One Inherits Real Property: If you have recently inherited Real Property and are not quite sure what to do with it, your choices include: move-in and occupy the property, sell it or rent it out source of passage income. Some people may also opt to donate the property to their favorite charitable organization. Thom Lemon is a Broker in Texas and is also a REALTORA(R). Thinking about buying or selling real estate in Austin, TX? Call/Text Thom at 512-346-7355 or email him at [email protected]

A Mortgage Pre-Approval is to confirm your creditworthiness without having a purchase contract intact. You will complete a mortgage application and your lender will verify the information you provide to them. Your lender will perform a credit check. If you're Pre-Approved, you'll receive a Pre-Approval letter, which is an offer to lend you a specific amount, however it is not a commitment to lend. Typically a Mortgage Pre-Approval is good for 90 days. Thom Lemon is a Broker in Texas and is also a REALTORA(R). Thinking about buying or selling real estate in Austin, TX? Call/Text Thom at 512-346-7355 or email him at [email protected]

Title insurance protects you from issues with an ownership title when you buy real property. These can be problems that existed before your purchase. Examples of problems can be Unpaid Property Taxes, Fraud or Forgery of previous documents, or a spouse or possibly an unknown heir who claims to own the property. Absolutely, Positively Obtain Title Insurance When Your Buy! Thom Lemon is a Broker in Texas and is also a REALTORA(R). Thinking about buying or selling real estate in Austin, TX? Call/Text Thom at 512-346-7355 or email him at [email protected] Title companies search for problems with the title that need to be corrected before you buy the property. If there's a challenge to your ownership later, your title company will handle the dispute.