Homestead, Mechanic’s and Materialman’s Liens Series – Post #2: Carefully Planning Your Remodel or New Home Construction

Johnny and Betty planned to remodel and add a room onto their house.  They were both pretty handy, so they decided to do the work themselves and pay out of their savings.  A few months into the project, they realized they needed some help and decided to borrow some money and hire a contractor. So they went down to the …

Homestead, Mechanic’s and Materialman’s Liens Series – Post #1: What’s the Deal with Homesteads?

What’s the Deal with Homesteads? Texas has a complicated system of protections for the family “homestead.”  The Texas Constitution protects your home so that creditors can’t take it away and leave your family homeless.  But there are exceptions . . . the money you purchase or build a home with normally results in a lien or mortgage.  If that mortgage …