Hey, everybody. It’s Bob McCranie, with Texas Pride Realty. And your realty idea of the day is HOA’s why or why not?
So a lot of homes, especially new home construction in Dallas, has an HOA, you know, with it. So people are wondering how do I buy a home anymore without an HOA? Well, you have to by an older community. You have to go buy a home built probably before the 1990s to get in a community that does not have an HOA. If you’re living in an apartment or a townhome community you wanna have an HOA, because they’re the ones who maintain the common element. They maintain the roofs, the wall space, the structure, the foundation, things like that. So… And plumbing, windows, things of that nature.
Every HOA is different, there is no standard in Texas for what an HOA has to have, to my knowledge. Every HOA I’ve run into has a different set of rules and a different set of reasons. So talk to your client about what they want in an HOA, or do they wanna live outside of an HOA community. If you live outside of an HOA community you could end up with a purple house next to you or a house that has, you know, Christmas lights up in August. Like across the street from my house. Anyway. But that can happen. If you’re in an HOA community they’ll help take care of that. But you also have to pay fees and you have to deal with the nosy neighbors. So talk about the HOA’s in your area, maybe talk about what they do and what’s best for your clients. Talk about it on social media and maybe ask people on your social media what they think about HOA’s. Anyway, Bob McCranie, Texas Pride Realty. There’ll be another realtor idea of the day posted tomorrow. Bye-bye.