HOA’s are becoming more and more popular in Austin. In the 1980s and 1990s, few new single family home developments belonged to mandatory HOA’s. Today, virtually every new development has a mandatory membership in an HOA. Which usually begs the question from most buyers, how much are HOA dues in Austin? HOA Dues Vary by […]
Understanding HOAs in Austin
About 25% of the home owners in the Austin, Texas metro area live in property governed by a Home Owner’s Association (HOA). HOAs are created by developers at the time the project or subdivision was designed as a means to define the community standards for the purpose of protecting property values of the community. They’re […]
Think Condo Owners Don’t Need Insurance? Think Again!
One of the benefits to buying a condo is you won’t have to worry about some of the major things homeowners do. You pay your HOA dues every month and exterior maintenance and insurance is taken care of. But, what many condo owners don’t realize is the insurance the HOA carries does not cover some […]