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Most condos also have strict rules regarding decor and customization of the properties, and you’ll typically pay a COA fee to help keep up the community. Townhouses tend to be a bit larger than condos, and buyers actually own the land they rest on, too. This makes them less valuable in the long run. More for Real Estate Enthusiasts.
Homeowners associations (HOAs) come with pros and cons. HOAs can retain the value of a home because the surrounding neighborhood must meet certain standards. HOAs can retain the value of a home because the surrounding neighborhood must meet certain standards. They even clarify the type of post, measurements and paint finish.
This likely has to do with the cost of building a pool, cost of maintaining a pool, and even larger parcels at higher ranges – not to mention buyers at higher price points expecting a pool more often. Often sellers said they would remove the pool, but the buyers never requested it. This is where we have to study the comps.
Benefits of FSBO Cost Savings : Avoid the traditional 6% commission fee, often split between buyer and seller agents. Direct Interaction : Engaging directly with buyers can streamline communication and shorten the selling process. Buyers in this state are often looking for homes with modern updates and well-maintained properties.
In Texas, homeowners are required to provide buyers with a Seller’s Disclosure Notice. Notice to Prospective Buyer : This document makes it clear to potential buyers that they shouldn’t rely solely on the seller’s disclosure and should adequately inspect the property themselves.
The ability to decorate your walls, or paint them sky blue, and live with a pet without landlord approval makes buying a home attractive, as do the substantial financial benefits such as tax savings and equity building. Buyer builds equity in the home. Property taxes and HOA fees are the buyer’s responsibility.
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