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You are here: Home / Buyers / Key Term Tuesday: HOA

Key Term Tuesday: HOA

November 28, 2017 By Rebecca Jacks

We understand how frustrating it can be to search for a home in Austin. Half the battle is learning the key terms and what they mean in regards to Texas real estate. So each week we bring you Key Term Tuesday – our way of helping you decode the industry jargon that keeps you from owning your home search.

HOA

What is a HOA?

HOA stands for Homeowner’s Association; a homeowner’s association is the governing body of a subdivision. They are responsible for creating, policing and enforcing the rules, restrictions and bylaws that determine what an individual home owner can do with their property.

In Texas, participation is almost always mandatory. HOAs require that dues be paid and go toward the ongoing operational expenses of the common property. The HOA has a board of directors that is elected by the membership.

Want to Lean More About HOAs?

Read our related post: Understanding HOAs in Austin

HOAs in Austin

Looking for a Real Estate Expert?

Our team has a combined 55+ years of experience helping home buyers understand the r. Check out our approach to Buying a Home in Austin to learn more about our team and how we work. Then, call us at (512) 827-8323 or email us at info@11OaksRealty.com to schedule a no obligation consultation.

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Filed Under: Buyers, Sellers Tagged With: Buyer Tips, First Time Home Buyers, Frequent Buyer Questions, Real Estate Key Terms, Seller Tips

About Rebecca Jacks

Rebecca has founded her success in real estate on a commitment to personalized service. Clients appreciate her dedication to not only the success of their transaction, but their very peace of mind. She is particularly adept at creating bridges to make home buying and relocation as seamless as possible.

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Raymond Stoklosa – Broker/Owner, CRS

Raymond Stoklosa is the Chairman and Managing Broker of Eleven Oaks Realty. Raymond has been a respected authority in residential real estate since 1978. Having sold more than $150 million worth of real estate... Read More…

Rebecca Jacks – CRS, ABR, SFR

Rebecca Jacks is the Chief Operating Officer of Eleven Oaks Realty. She specializes in relocating buyers and home sales in Austin and surrounding suburbs. Rebecca brings a passion for customer-service to the leadership team. Read More…

Cassandra Stoklosa – MBA

Cassandra joined Eleven Oaks Realty following a successful career managing digital campaigns at several household brands including Walmart, L’Oreal, and Golfsmith. She has also worked in real estate marketing in three of the hottest markets in the U.S. – New York City, San Francisco and Austin. Read More…

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