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BLOG & RECENT ARTICLES IN LOCAL DFW MARKET

writ of possession in texas

Writ of Possession in Texas: What It Means for Landlords and Tenants

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Going through an eviction process can be tough for everyone involved—whether you’re a property owner trying to get your rental unit back through a writ of possession or a tenant who’s worried about where to go next. In Texas, the final step in the eviction process grants landlords the legal right to regain possession of … Continued
What are Residential Transition Loans

Residential Transition Loans: A Guide for Real Estate Investors

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A new acronym in real estate is being popularized. Do you know the meaning of RTL? The definition is “residential transition loans” and large institutional players are coming into this niche investing space.  These lending products offered by financial services companies like CoreVest, Backflip, or Rain City Capital are crucial short-term financing options for real … Continued
should hoas be illegal in texas

HOAs Should Be Illegal in Texas [Should HOAs Be Banned in Texas?]

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Are you currently living in a Homeowners Association (HOA) in Texas? Are you thinking about moving into one? Maybe you are merely researching the subject. Regardless, it is important to know how these organizations are affecting the people within their communities not only in Texas but throughout the United States. It is imperative to know … Continued
triplex house plans designs

What Is A Triplex? [PHOTOS]

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The one-to-four family residence is long a staple of residential real estate investors. In fact, the multi-family home has distinct advantages in terms of taxation and revenue, even when the owner is following the Bigger Pockets house hacking philosophy and occupies one of the units and creating rental property income with the other cash flowing … Continued
quadplex

What Is a Quadplex? Fourplex? 4plex? [PHOTOS]

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*Updated 8-30-2024 A quadplex is a residential housing unit that offers four separate homes within one structure. By definition, quad plex means four units or parts. Each section of the apartment building and housing structure must be a complete unit and have a separate, lockable front door. There are many benefits to quadplex ownership as … Continued
what is section 8 texas

Ultimate Guide To Section 8 Housing Texas [Insider’s View]

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What is Section 8 Housing In Texas? Housing affordability has become a major challenge in Texas and throughout the country. The Section 8 housing and rental assistance program is officially known as the Housing Choice Voucher Program, but most tenants, landlords, investors, and even regulators refer to the HCV program as section 8 housing. The … Continued
what are capital gains tax state of texas

Capital Gains Tax in State of Texas [Why Investors Love Texas]

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*** Update 9-24-2024 Understanding capital gains taxes in Texas is crucial for anyone involved in buying and selling of real estate or any form of investments, whether they be in assets like stocks, bonds, or a Texas house. While federal capital gains tax rates and rules apply uniformly in other states across the United States, … Continued

What is Real Estate Option Fee? Option Period in Texas?

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*** Updated 9-6-24 Howdy real estate investors! Here is an real estate insider trick of the trade. Use the option period in Texas and strategic use of option fees to protect yourself when either home buying or home selling. Let us explain. The option period can play a significant role in bringing peace of mind … Continued
what is a duplex

What is a Duplex House?

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*Updated August 30, 2024 The dream of Texas homeownership often comes with the burden of hefty mortgage payments. But what if you could live in your own home and have someone else help cover the costs? That’s where a duplex for sale, a type of multi-family home, comes into play. These unique residential investment properties … Continued
sell my home craigslist

Selling a House on Craigslist in Texas

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***Update 9-3-2024 Selling a house in Texas by owner (aka FSBO homes) is a significant decision, and finding the right platform for your property listing to sell your home yourself can be daunting and often confusing. While many opt for a traditional real estate agents or online marketplaces dedicated to selling houses, Craigslist.org remains a … Continued
condemned house meaning

Selling A Condemned House In Texas: A Comprehensive Guide

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What Is Condemned House Meaning in Texas? Owning a condemned house in Texas can be an overwhelming experience, but don’t worry – this guide will explain your options and put you back in control. The declaration from a Texas government entity that your property is unfit for habitation triggers not only stress but initiates a … Continued
what is seller credit

What Is Sellers Credit? [PHOTOS] What Are Seller Concessions?

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*Updated July 22, 2024 Ever wish you had more money at a real estate closing? Seller credits and seller concessions might be the answer to get more cash in your pocket at the closing table.  A seller’s credit, also known as seller concessions, or seller assist, offer flexibility and potential benefits in real estate transactions. … Continued
who can put a lien on a property

Who Can Put A Lien On A Property in Texas?

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A lien on a property is a serious property owner issue and makes selling a house in Texas challenging.  Property liens are complicated legal instruments that can significantly impact homeowners, home buyers or sellers, mortgage lenders, and others in the home for sale process. This comprehensive guide explores the essential concepts surrounding property liens in … Continued
Selling A Home With Old Roof

Selling A Home With An Old Roof

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As you prepare to list your home for sale, you might be contemplating whether to repair an old roof that is deteriorating and maybe even a leaky roof is essential before the transaction. Understandably, you don’t wish to burden the new homeowner with a problematic property. Yet, money constraints might prevent you from undertaking costly … Continued
What Not To Fix When Selling A House In Texas

What Not To Fix When Selling A House In Texas

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*Updated June 25, 2024 Seller’s dilemma: What Not To Fix When Selling A House? To fix or not to fix? That is the question that Texas homeowners and sellers want to know the answer to. Selling a house in Texas can be like wrangling a herd of longhorns when it comes to deciding which repairs … Continued
brrrr method texas

What Is BRRRR Method Of Investing in Texas?

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What Is BRRRR Method Of Investing in Texas? The BRRRR strategy for real estate investing in Texas is an amazing way to build a portfolio of rental properties and create long-term personal wealth.  Our team at Bright Bid Homes are strong advocates of the BRRRR method by Bigger Pockets who provides a great foundation to … Continued
We buy water damaged houses in Texas

How To Sell A House With Water Damage in Texas

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The saying that water is the key to life is so true. Unfortunately, when it comes to your home, unwanted or undetected water from leaks and pipe bursts can lead to costly and time consuming repairs needed. Dealing with a burst pipe during a harsh winter freeze can significantly disrupt your life and impose a … Continued
Sell my house during divorce in Texas

How To Sell A House During A Divorce in Texas

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Embarking on a new chapter in life, especially during a divorce, often involves significant decisions, one of which may be to sell your house in Texas. If you’re navigating this pivotal change, we’ve prepared a more detailed guide to divorce following up from our blog post with on fast tips for selling during a divorce. … Continued
does irs know if i sold my house

Does IRS Know If I Sold My House Cash?

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In the realm of real estate transactions in Texas, especially those involving the exchange of large cash sums, a critical question often emerges for those looking to sell their house for cash: “Does the IRS know when I sell my house for cash in Texas?” This query not only addresses the concern of privacy but … Continued
Buckling floors are sign of foundation problems in DFW Texas

Is Your Texas Foundation Ready for the Change of Seasons?

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Ah, Texas—the only place where you can experience all four seasons in just 24 hours! From hot Texas summers to chilly autumn mornings, we Texans are use to it all! But while your wardrobe might adjust easily to these climatic gymnastics, your home’s foundation in Texas is a different story altogether. Here’s the dirt (pun … Continued

How To Sell Your Texas House For Fast Cash

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In the volatile real estate landscape throughout Texas, homeowners are still managing to secure good deals for their properties, despite the challenges of sky high interest rates. Gone are the days when simply planting a “For Sale” sign in your front yard could yield multiple lucrative offers to sell by evening. Today’s economy is volatile, … Continued
We buy fire damaged houses for cash

How To Sell A Fire Damaged House in Texas

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Experiencing a house fire is an emotional ordeal, with firefighters breaking down doors, and leaving many Texas homeowners with a wide range of questions, frustrations, and uncertainties about the repairs and damage restoration ahead. Questions abound from the simple like what do I do now with my fire damaged house? Does my homeowners insurance cover … Continued

How to Find the Best Real Estate Agent in DFW?

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Finding the right real estate agent in DFW can be a daunting task. With so many options available, it’s important to take the necessary steps to ensure you find a reputable agent who is a good fit for your specific needs. In this article, we will provide valuable insights on how to choose the best … Continued

Top 10 Reasons Houses Don’t Sell Fast

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When it comes to Texas real estate and especially in the Dallas and Fort Worth housing market, we all want to sell our houses fast without any headaches.  It’s generally thought that every property has a buyer in waiting — if the price is right. However, several factors can dramatically hinder the home for sale … Continued

How To Navigate The Home Selling Maze In DFW

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Taking the leap to sell your home can be an intimidating venture, often fraught with an array of twists and turns, time-consuming obligations, and notable expenses. The complex decisions required can quickly turn into an overwhelming headache. Additionally, comprehending the labyrinthine contracts and legal paperwork can prove daunting, thus it’s often a relief to have … Continued

Ewww!! How Can I Tell If My House Has Roaches?

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The thought of having cockroaches in one’s home is universally unsettling. For DFW residents, with the area’s warm climate, the battle against these pests can be even more challenging. Not only are roaches known to spread diseases, but they can also quickly turn a minor issue into a full-blown infestation nightmare. The first step in … Continued
Benefits of cash home buyers

Discover the Top 5 Benefits of Cash Home Buyers

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If you’re in the DFW area and you’re pondering, “I need to sell my house fast,” you’re in luck. Bright Bid Homes specializes in offering cash for houses, and we can make the selling process a breeze. This article will walk you through the top 5 benefits of cash home buyers. 1. Speed is of … Continued

AirbnBUST: Don’t Screw Up Your Life With an AirBnb says Dave Ramsey

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Dave Ramsey, a leading voice in financial wisdom, recently dropped a cautionary tale about the potential downsides of turning residential properties into Airbnb rentals. Whether you’re in DFW and in other regions of Texas, this advice is crucial. Today, we delve into Ramsey’s insights and explore more stable alternatives for those looking to sell their … Continued
EVICTION NOTICE AND TEXAS 10 STEP PROCESS

The Tired Landlord Series: What Is A Notice To Vacate in Texas?

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Ah, the joys of being a landlord! If you’re reading this, chances are you’ve probably dealt with problematic tenants and thought, “I just want to sell my house fast and be done with it.” From late rent payments to violations of the lease agreement, there’s a never-ending list of stressors. For tired landlords in DFW … Continued

Should I Put a Soaker Hose Around My House Foundation in Texas?

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The foundation of your home is a critical component, crucial for the overall structural integrity and safety. If you are a homeowner in the Dallas-Fort Worth (DFW) area of Texas, you’ve likely heard of or experienced the frequent need for foundation repairs. One preventative measure gaining traction in this regard is to simply water your … Continued

What Is Foreclosure Notice Of Default In Texas?

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You just received a foreclosure notice of default and want to know what the heck is going on, keep reading… First, it’s imperative that you know you’re not alone in this. According to the Mortgage Bankers Association, approximately 250,000 homeowners are foreclosed upon each year. But remember, not all notices of default end in actual … Continued

Why Is My House Not Selling in a Strong Market?

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Here Are 10 Likely Reasons Why Your House Is Not Flying Off The Shelf Ever caught yourself thinking, “In this booming DFW market, I just want to sell my house fast! So, why is that easier said than done?” You’re not alone in this Texan tango. Read on for the top 10 plot twists that … Continued
Texas water foundation

Watering Foundation Myth: Should You Water Your Foundation In Texas?

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Watering Foundation Myth In Texas *updated 6-27-2024 Don’t believe in myths. The watering foundation myth is simply wrong. In real life, watering a foundation is the hidden hero against the evils of persistent hot dry weather to prevent property damage. By watering a foundation in Texas to keep surrounding soil moist and surface damp, you … Continued
Sell your house fast and easy with our no obligation cash offer!

How to Sell Your House to a Cash Investor in DFW

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The concept of home ownership has seen a seismic shift since the 1950s. Gone are the days when people would purchase a house with plans to create an ancestral home, passing it down through generations. Nowadays, first-time homebuyers often view the acquisition of property as a strategic decision, a stepping stone towards future goals, rather … Continued

Good Signs Your House Will Sell Fast

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*Updated 8-24-2024 Are you thinking about diving into the Texas for sale housing market? Eager to sell fast? With the right marketing strategy and understanding current market trends, selling homeowners can find potential buyers and turn your house into a bright opportunity. Don’t leave it to luck in the real estate market! A local real … Continued
Airbnbust DFW reasons why bust happening

What is AirBnBust? Reasons Why Short-Term Rental Owners Are Worried About A Bust.

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*Updated May 20, 2024 Airbnb has revolutionized the way homeowners in various parts of the globe, particularly in the Dallas-Fort Worth (DFW) area, perceive their property value. Once considered mere residential spaces, these homes transformed into income-generating short-term rentals (STR). Yet, as market dynamics shift, pointing towards a possible “Airbnbust” era—a downturn in the demand … Continued

Got Foundation Cracks? Welcome to the DFW Summer Club!

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Remember those iconic “Got Milk?” ads? Now, venture through many cities of DFW like Garland, Mesquite, or Plano and the question becomes: “Got Foundation Cracks?” This isn’t just a quirky ad spinoff; it’s the lived reality for many in the DFW area. If these foundation problems and tales of stress hit close to home and … Continued

How To Estimate Repair Costs When Selling Your House in Texas

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Home repair costs are an essential part of the process when it’s time to sell your home, a process that can be nerve-wracking for many homeowners. Yet, by tackling this challenge proactively, you can gain a clear understanding of the total financial burden of necessary repairs. We dove into this issue on a recent blog … Continued

What is Seller Financing?  Can I Seller Finance in DFW?

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Buyers Are Getting Mortgage From an Unlikely Source: The Seller of Their House Amidst soaring mortgage rates, a creative method of selling your house and financing home purchases is starting to capture the attention of buyers and sellers alike. Known as “seller financing,” this alternative approach to financing property transactions is becoming increasingly popular and … Continued

When Is The Best Time To Sell A House In Texas in 2024?

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** Updated March 19, 2024 How about some fun real estate market trivia to start your home selling journey… what is the best month to sell a house for the highest return? Hint…hint…the best month to sell a house is not what it used to be!  Did you guess right now?  Or maybe you guessed … Continued

What’s The Key Factor To Sell A House Fast in Texas?

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Pssst!  Wanna hear a Texas real estate secret?  Everybody loves a good secret and pro tip, right? A recent article in Wall Street Journal unveils the secret to what today’s homebuyers want.  Can you guess on how to attract buyers in your local market? Yup, it has to do with high mortgage interest rates, limited … Continued
Sell my house during divorce in Texas

Tips For Selling Your House During A Divorce In Texas

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In the emotional maelstrom of a divorce, selling your home in Texas can feel akin to piloting through a tumultuous sea. With this guide, we aim to demystify the process of divorce, illuminating key steps and important factors, in a bid to transform this seemingly arduous journey into a smoother ride. Divorce Is Stressful Enough … Continued
legit cash home buyer in Texas

Are Companies That Buy Houses For Cash Legit in Texas?

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As you navigate throughout Texas, you may come across billboards advertising companies buying houses, often pitching, “We Buy DFW Houses!” or offering “Cash For Houses”. Such bold and assertive statements might have you wondering about the credibility of these Texas all cash home buyers. Are companies that buy houses for cash legit? Which is the … Continued
Seller Financing

I Inherited a House, What To Do? – Should I Rent or Sell in DFW?

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First and foremost, our condolences on your loss. This period can be a very trying time for many reasons, and handling property matters can be challenging even in the best of circumstances. You’re likely wondering, “I’ve received a house inheritance, what should I do with this property?” Should I rent it out? Should I put … Continued

Who Inherits House If the Surviving Spouse Is Not on Deed?

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In matters of estate planning and property ownership, it is crucial to understand the legal implications that can arise if a surviving spouse is not listed on the home deed. A recent article published by USA Today highlights the potential complexities and challenges faced by individuals in such situations. In this blog post, we will … Continued
can you sell a house in probate

Can You Sell A House In Probate In Texas?

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The answer to the often-asked question “Can a house be sold while it is in probate in Texas?” is “Yes”, but as is true of any home sale, you must adhere carefully to Texas laws and regulations. As the executor, it is crucial to note that the probate court oversees every detail of the probate … Continued
proceeds from sale of house in trust

Selling a Home in a Trust in Texas [A Comprehensive Guide]

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We understand that selling a house is more than just a financial decision; it’s a personal journey filled with memories and emotions. When your home is held in a trust in Texas, this real estate journey can feel even more complex and overwhelming. You’re not just dealing with a house in a trust; you’re navigating … Continued
cloud on title

Understanding Cloud On A Title in Texas [How to Resolve Title Defects]

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Buying or selling property in Texas is a significant undertaking that can be both exciting and overwhelming. We understand that navigating the complexities of real estate transactions can feel daunting, especially when unexpected issues like a cloud on the title arise. You’re not alone in feeling uncertain or anxious about these possible impairments from a … Continued
can a trustee go to jail for stealing from trust

Understanding The Probate Process In Texas [Beware These Scams]

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Probate is the legal process of administering a decedent’s estate, which can often feel complex and time-consuming. However, when handled correctly, probate in Texas is a manageable process, especially with a knowledgeable team guiding you through each step. Having assisted over 2700 families in the state of Texas, we can simplify this experience for you, … Continued
best master bath inspiration

Design Ideas for Master Bathroom

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Design Ideas for Master Bathroom Have you been thinking about home improvement options for your home? What about master bathroom design ideas? A well-designed master bathroom is highly important in the development of a luxurious dream home. A master bathroom connects with the master bedroom and other living spaces (e.g., living room) and compliments the … Continued
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