Posted On: February 17, 2010

Can you use your security deposit for your last month’s rent?

No!

Texas Property Code §92.108 states “a tenant may not withhold payment of any portion of the last month's rent on grounds that the security deposit is security for unpaid rent.”

The penalties are clear -- the tenant can be liable up to 3 times the rent wrongfully withheld and liable for payment of the landlord’s attorney fees for any suit to recover the rent.

Therefore if you are a tenant seeking the return of your security deposit after you move out. As a minimum do the following: provide 30 days notice, a forwarding address, make sure the rental property is clean and undamaged, do not break your lease, and pay your last month's rent on time.

Bookmark and Share

Posted On: February 9, 2010

Texas Veteran’s – Texas Veteran’s Mortgage Credit Program

Texas Veteran’s seeking help buying and owning a home, just received a little extra help on February 9, 2010. Under this new program called the Texas Veteran’s Mortgage Credit Program, a veteran may apply and receive up to $2000 on the mortgage interest paid to own a home in the State of Texas.

For complete details please visit the website listed below or read the material copied from the site in the continued reading section.

From http://www.tdhca.state.tx.us/homeownership/fthb/mort_cred_certificate.htm#veteranmcc

Continue reading " Texas Veteran’s – Texas Veteran’s Mortgage Credit Program " »

Bookmark and Share

Posted On: February 2, 2010

Stop Loss Payments available to Veterans "Stop-Lossed" between Sept 11, 2001 and Sept 30, 2009

If you or a deceased family member was prevented from separating or retiring between September 11, 2001, and September 30, 2009, because of Stop-Loss, you may be entitled to $500 for each month you were stop-lossed (retained).

YOU MUST APPLY with your respective service no later than October 30, 2010, and apply using the following sites or e-mail addresses:

Stop Loss contact information:

Air Force: http://www.afpc.randolph.af.mil/stoploss/

Army: https://www.stoplosspay.army.mil
or email: RetroStopLossPay@CONUS.Army.Mil

Marine Corps: https://www.manpower.usmc.mil/stoploss
or e-mail: stoploss@usmc.mil

Navy: E-mail : NXAG_N132C@navy.mil

There are requirements you must comply with, but the program is geared to assist you. For instance the Air Force requires a simple 2-page document be completed and attachment of your DD-214 and proof of Stop-Loss. The DoD, however, is allowing statements to be made by the veteran's chain of command to prove the veteran was retained.

For additional information please read Military.com, which cited the American Forces Press Service article by SFC Michael J. Carden at:
http://www.military.com/news/article/army-news/troops-to-be-compesated-for-stop-loss.html?wh=benefits

or the Army's release of the article by SFC Michael J. Carden at:

http://www.army.mil/-news/2009/10/22/29120-defense-department-to-begin-compensation-of-stop-loss-troops/

Bookmark and Share