The CourthouseDirect.com Blog

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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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HARP Refinancing Rules: What You Need to Know

  • CourthouseDirect.com Team
  • 01/27/2014
  • Mortgage
Since the housing market bust of the late 2000s, mortgage rates have remained at historically low levels. While there's no guarantee that this situation will continue into the future, most economists expect interest rates to follow a "new ...
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What is the Texas Economic Development Act?

  • CourthouseDirect.com Team
  • 01/17/2014
  • Finance
Texas has a proud tradition of adherence to the tenets of free-market capitalism, but its lawmakers aren't averse to lending local businesses and communities a helping hand. Since its enactment in 2001, the Texas Economic Development Act ...
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