HOA rules are rules that members of the HOA community create and enforce to regulate the area. HOA rules and covenants exist to inform homeowners what they can and can’t do. But even in the HOA, there are some things beyond the HOA’s a...
Whether it’s a condominium, townhouse, or home, buying property is an exciting journey! One of the factors you need to consider as a property buyer is a Homeowners Association (HOA). If you don’t ask the right questions or do the resea...
Prism Realty Partners is a progressive, innovative, and attentive real estate brokerage. It’s separated into three companies: Prism Realty, Prism Realty Investments, and Prism Realty Management. Prism Realty helps buyers, sellers, and in...
2022 is here, and a new year brings new home sellers, owners, and buyers. Here is what Michele Eilers, Partner and Managing Broker at Prism Realty Partners, has to say about what to expect this spring in real estate and how to prepare for ...
Homeowners agree to the association’s covenants when they buy a home in an HOA, including dues and assessments. However, as with any system that requires people to pay, some homeowners will miss their payment deadlines. But, not all folks be...
Amending HOA bylaws and covenants is a time-consuming and sometimes arduous task and not done regularly. Concerns like vague language in the HOA covenants that create more questions than answers or issues no longer relevant to the way the asso...
Happy 2022! Are you excited about the new year? It’s time to make some New Year’s Resolutions! With historically low mortgage rates, home price growth, and low inventory, now is the right time to make some New Year’s Resolutions for ...
Communication is essential for HOA governance. For a homeowner’s association to function smoothly and efficiently, the HOA board of directors must meet regularly to discuss the association’s operations; and owners must be allowed to me...
Folks have lingering doubts about an HOA’s role in property values due to circulating misinformation. A common misconception is that you will profit from higher property values if you live in an HOA community. While an HOA can posi...
Austin won't see traditional winter market breaks as we bring 2021 to a close. Single-family home rentals and apartment leases are beginning to expire and rental prices continue to rise. These factors make homeownership and regular monthly...