Wheeler Real Estate Other Lawyer, Texas

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Joseph Onwuteaka
About | Practice Areas
Law Office of Joseph Onwuteaka, P.C.
8323 Southwest Fwy Suite 650 Houston, TX 77074» view map
Slip & Fall Accident
Fighting Fearlessly For Your Rights

I'm committed to providing experienced and tenacious legal representation. I will fight for the best possible outcome in your case & won't give up, even when things get tough.

800-960-3430
1. Joseph Onwuteaka Houston, TX
  Attorney at Law - TX, 1986
  Texas Southern University J.D. 1986
2. AboutLaw Office of Joseph Onwuteaka, P.C.
  Aggressive. Dedicated. Experienced.
3. Practice AreasExpertise
  Slip & Fall Accident
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Includes: Commercial Leasing, Commercial Real Estate, Condominiums, Conveyancing, Housing & Urban Development, Premises Liability, Residential Real Estate, Title Insurance

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Thurman Adkins

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800-923-0641

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LEGAL TERMS

LOAN BROKER

A person who specializes in matching home buyers with appropriate mortgage lenders. For a fee--often paid by the lender--a loan broker provides any easy and eff... (more...)

A person who specializes in matching home buyers with appropriate mortgage lenders. For a fee--often paid by the lender--a loan broker provides any easy and effective way to find the cheapest mortgage rates.

APPRAISAL

A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate... (more...)

A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate by examining the property, and looking at the initial purchase price and comparing it with recent sales of similar property. Courts commonly order appraisals in probate, condemnation, bankruptcy or foreclosure proceedings in order to determine the fair market value of property. Banks and real estate companies use appraisals to ascertain the worth of real estate for lending purposes. And insurance companies require appraisals to determine the amount of damage done to covered property before settling insurance claims.

HOME WARRANTY

A service contract that covers a major housing system--for example, plumbing or electrical wiring--for a set period of time from the date a house is sold. The w... (more...)

A service contract that covers a major housing system--for example, plumbing or electrical wiring--for a set period of time from the date a house is sold. The warranty guarantees repairs to the covered system and is renewable.

DIRECTOR

A member of the governing board of a corporation, typically elected at an annual meeting of the shareholders. Directors are responsible for making important bus... (more...)

A member of the governing board of a corporation, typically elected at an annual meeting of the shareholders. Directors are responsible for making important business decisions -- especially those that legally bind the corporation -- leaving day-to-day management to officers and employees of the corporation. For example, a decision to borrow money, lease an office or buy real property would normally be authorized by the board of directors. However, in the small business world, where it is common for owners to be directors, officers and employees simultaneously, distinctions dividing the roles and responsibilities of these groups are often blurred.

DEED IN LIEU (OF FORECLOSURE)

A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept... (more...)

A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept ownership of the property in place of the money owed on the mortgage. Even if the lender won't agree to accept the property, the homeowner can prepare a quitclaim deed that unilaterally transfers the homeowner's property rights to the lender.

FAILURE OF CONSIDERATION

The refusal or inability of a contracting party to perform its side of a bargain.

SHARED EQUITY MORTGAGE

A home loan in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the home is later sold, the... (more...)

A home loan in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the home is later sold, the lender is entitled to a portion of the proceeds.

LEASE OPTION

A contract in which an owner leases her house (usually for one to five years) to a tenant for a specific monthly rent, and which gives the tenant the right to b... (more...)

A contract in which an owner leases her house (usually for one to five years) to a tenant for a specific monthly rent, and which gives the tenant the right to buy the house at the end of the lease period for a price established in advance. A lease option is often a good arrangement for a potential home buyer because it lets him move into a house he may buy without having to come up with a down payment or financing at that time.

Wheeler Real Estate Other Lawyer, Texas

Sponsored Law Firm

Law Office of Joseph Onwuteaka, P.C.

SPONSORED LAWYERS

Steven Ray Emmert

Bobbye C. Hill

Leslie Allison Standerfer

Philip E. Pendleton

G. W. McIlhany

Guy S. Hardin

Lewis M. Goodrich

Thurman Adkins

Robert Steven Orr

TIPS

LEGAL TERMS

LOAN BROKER

APPRAISAL

HOME WARRANTY

DIRECTOR

DEED IN LIEU (OF FORECLOSURE)

FAILURE OF CONSIDERATION

SHARED EQUITY MORTGAGE

LEASE OPTION

ESCHEAT

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