Questions & Answers
Explore 62 answers about buying, selling, military relocation, financing, inspections, negotiations, and closing across North Texas.
By Glenn Wegner · Broker and owner, Lone Star Realty
62 questions
Words used on this page
- PCS:
- Permanent Change of Station, the military's term for a move to a new duty station.
- BAH:
- Basic Allowance for Housing, the housing pay that service members receive.
- COE:
- Certificate of Eligibility, the document that shows a veteran qualifies for a VA home loan.
- VA loan:
- a home loan guaranteed by the Department of Veterans Affairs.
- FHA loan:
- a home loan insured by the Federal Housing Administration.
- PMI:
- private mortgage insurance, extra insurance some loans require when the down payment is small.
- HOA:
- homeowners association.
- MUD:
- municipal utility district, a special district that provides water and sewer service and adds its own tax to the bill.
- PID:
- public improvement district, a special assessment that pays for community improvements.
- TREC:
- the Texas Real Estate Commission, which licenses real estate agents and brokers in Texas.
Buying
From financing preparation through inspections, offers, and closing.
Selling
Preparation, pricing, marketing, offers, disclosures, and closing.
Military & veterans
PCS timing, VA loan basics, and North Texas relocation logistics.
Financing & logistics
Mortgage terminology, documentation, appraisals, taxes, and closing.
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