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HOA Issues

Mandatory Home Owner Associations usually have rules that affect the transfer of ownership.
The also see a sale as a great time to require fees.  They will charge for an up to date copy of the HOA documents as well as a Transfer fee (a few hundred to change the owner's names from the sellers to the buyers - maybe change the phone number, too).
HOA's might charge a penalty if they are not notified of an upcoming sale.  So the seller should let them know a move is in the works as soon as the property goes under contract.
​Buyers should take time to look at any HOA rules that affect them.
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John
Stapleton
512-219-Sold
Broker
Owner
Founder
Focus Realty™

Texas Information About Brokerage Services and ​Texas Real Estate Commission Consumer Protection Notice
Picture
  • home
  • 1104 Old Mill
  • 132 Mexican Olive
  • 1507 1/2 Holly Street
  • 6400 Lakeshore Drive
  • Full Move
  • Help Us Buy a Home
  • Come Sell Our House
  • Reviews
  • Texas Real Estate Commission Information About Brokerage Services
  • Search
  • Safety During Showings