BUYING A HOME IN A HOMEOWNERS ASSOCIATION (HOA)PROPERTY OWNERS’ ASSESSMENT

There is a growing trend that residential homes, townhomes, and condominium developments are part of a homeowners’ association (HOA). Anyone who buys a home in an HOA is bound by the terms and conditions of that HOA’s Deed Restrictions. HOAs typically involve ‘common property’. Depending on the situation, common property could be interior sidewalks, roads,…

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HOME REPAIR AND REMODELING WARRANTIES WHAT ARE THEY WORTH

Home repair and remodeling projects are high dollars, high anxiety, and fraught with financial risk. In Texas, there is almost no regulation over a person who calls himself or herself a “contractor”. Many contractors will be offering some sort of warranty to soothe your worried mind and spur you to sign up. What are these…

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BUYING OR SELLING A HOME: HOME INSPECTIONS

In buying or selling a home, a home inspection is essential. For the seller, an inspection is important, to prevent any unexpected surprises from the buyer’s inspection that may require a renegotiation of the sale price. For the buyer, an inspection will reveal hidden defects. Even though seller may have lived in the house for…

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