Archives: FAQs
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What is a MUD tax in Texas?
A MUD tax is a property tax levied by a Municipal Utility District — a local district created to finance water, sewer, and drainage infrastructure in newer Texas developments where city services don’t reach. The tax appears as its own line on the property tax bill, and rates commonly decline as the district’s construction debt…
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What does a home inspection cover?
A home inspection is a visual examination of a home’s structure and systems — typically the roof, foundation, HVAC, electrical, and plumbing — performed to the standards of practice of the inspector’s licensing authority, such as TREC in Texas. It is not an appraisal, not a code-compliance inspection, and not a guarantee that nothing will…
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How often does Neighborhood Registry re-check licenses?
Neighborhood Registry re-checks every listed license against its issuing authority in a weekly crawl, and formally re-verifies each license every 12 months. If a check shows a license has lapsed or been revoked, the verified badge is unpublished until the record is clean again. Every check is dated, and the history is public on each…
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What is the difference between a VA loan and a conventional loan?
A VA loan is backed by the Department of Veterans Affairs for eligible service members, veterans, and surviving spouses: most buyers need no down payment, and there is no monthly mortgage insurance, though a funding fee applies. A conventional loan is not government-backed — approval turns on credit and down payment, and private mortgage insurance…
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How do I verify a loan officer’s license?
Every mortgage loan officer in the United States has a unique NMLS ID, and you can look it up free on NMLS Consumer Access: search the officer’s name or NMLS number and confirm they are licensed or registered and authorized to lend in your state. Neighborhood Registry verifies every loan officer it lists against that…
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How do I verify a Texas REALTOR’s license?
You can verify a Texas REALTOR’s license free through the Texas Real Estate Commission (TREC) public license search: enter the agent’s name or license number and confirm the license is active and matches the brokerage they claim. Neighborhood Registry checks that same TREC record for every Texas agent it lists, and re-checks it weekly.