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Texas Legislature Imposes Statutory Subordination of Real Estate Mortgages to Oil and Gas Leases

2015-08-21 08:53:55| Oil & Gas - Topix.net

The explosive growth of oil and gas leasing and drilling in the Barnett Shale play turned an issue that had always been a nuisance for the oil and gas industry into a significant problem. When an oil and gas producer takes a mineral lease from a mineral owner , that lease is subject to the rights of all prior grantees of the mineral owner, including any holders of mortgages.

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7 TRID facts that every real estate agent should know right now

2015-08-21 07:17:02| Real Estate - Topix.net

Takeaways: The CFPB released guidance, resources and tips to help real estate agents and brokers prepare for the new regulation. Preapprovals and prequalifications are unchanged; loan estimates and intent to proceed will be part of the new process.

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Hot Austin real estate market experiences another record-breaking month

2015-08-21 03:08:00| Real Estate - Topix.net

The Austin Board of Realtors has released its July 2015 report revealing that, for the second month in a row , Austin-area home sales surpassed $1 billion in total volume sold. In addition, July 2015 set a record for the most homes sold.

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Foreign Investment in U.S. Real Estate Assets to Hit Record High

2015-08-19 09:00:00| National Real Estate Investor

The wave of foreign capital flowing into U.S. real estate is poised for a record-setting year. read more

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High-End Real Estate Agent Accused of $800K Extortion Plot

2015-08-14 08:46:13| Real Estate - Topix.net

A high-end Miami real estate agent is accused of trying to extort nearly $1 million from two real estate agents who are behind some of South Florida's most glamorous property listings. According to court documents, suspect Kevin Tomlinson filed a complaint in April alleging listing violations against Jill Hertzberg and Jill Eber, who are popularly known as "the Jills."

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