The CourthouseDirect.com Blog

Net Royalty Acres vs. Net Mineral Acres – What You Need to Know

  • CourthouseDirect.com Team
  • 03/25/2020
  • Finance
Land is all about the acres. Land with exploitable minerals such as oil and gas is about a bit more. When mineral interests are involved, you may wonder if you’ve wandered into the weeds (so to speak) when you start hearing the terms net ...
READ MORE

What Does your Mortgage Payment Really Include?

Have you ever stopped to look at your mortgage statement? You may notice there are several different numbers aside from the total you pay each month. While paying a single monthly amount seems reasonable, you would be better served by ...
READ MORE

Is There a Federal Tax on Mineral Rights?

Owning land with valuable natural resources beneath the surface comes with the opportunity for an income stream from leasing or selling the mineral rights. The Boston Tea Party notwithstanding, federal taxes on income of any kind has ...
READ MORE

Tax Lien Sales: Can You Buy Tax Lien Properties to Save Big?

Every day, banks around the nation foreclose on hundreds of homes. Foreclosure means the bank takes possession of a property after the mortgager fails to make payments – including payments on homeowner taxes. The government (state or ...
READ MORE

What is Property Tax Proration?

When people buy and sell real estate, buyers and sellers must pay several costs before transferring the property to a new owner, called closing costs. Within these closing costs, buyers and sellers need to negotiate the proration. There ...
READ MORE

Do Tax Liens Affect Your Credit Score?

It’s that time of the year again – tax season. If you were unable to pay taxes you owe in past years, you might run into trouble when you file this year. The Internal Revenue Service (IRS) might inflict penalties, late fees, and interest ...
READ MORE

How to Appeal a Property Tax Assessment

Property taxes are enormous expenses for homeowners. Every year, along with mortgage payments, homeowners write checks for thousands of dollars based on their property tax assessments. What you might not know is that the government likely ...
READ MORE

Grantors, Guarantors, & Trustees: What You Need to Know

Legal and financial documents often use terms that are vaguely familiar or used in other contexts to mean something very different from their meaning in the document you are reviewing. If you are in a position to analyze a legal financial ...
READ MORE

Mortgage vs. Home Equity Loan: Understanding the Differences

  • CourthouseDirect.com Team
  • 09/27/2017
  • Mortgage
Home ownership opens the doors to two different types of loans that non-home owners cannot access – mortgage loans and home equity loans. While these two loan agreements feature many similarities, they are very different. Home owners must ...
READ MORE

5 Tax Tips for Oil and Gas Landmen

  • CourthouseDirect.com Team
  • 03/03/2014
  • Finance
Oil and gas landmen often work long, irregular hours to fulfill their duties. While this sub-field generally compensates experienced workers well, there are plenty of drawbacks to it as well. For starters, oil and gas landmen must deal ...
READ MORE