With the current market being how it is…I often tell potential sellers to rent their home out if they simply cannot stay in it. This is a much better option than trying to sell your home right now in this market. It WILL recover and become much easier to sell a home in at that point. I know that many people are considering selling because a) they are afraid of the market’s continued downturn or b) something changed in their lives that basically force them. However, my advice is to make these last options until the market makes more of a recovery.

With that said though…if you are considering renting out your home…it isn’t as easy and does come with some of its own risks and dangers. I was reading through today’s Realtor.org website and came across some brief but important things that you should consider if you are going to try to rent out your home/condo. …more

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Hard to find 3 bedroom, 2 bath, One level condo, w/ATTACHED garage & 1329 sq ft! This unit is only one of just a few in the Beautiful Woodlands community! Designer paint, 9′ceilings, Enormous open kitchen w/tons of oak cabinets & counter space,laundry room,gas fireplace & built-ins. Oversized windows, master bedroom w/walk-in closet & full bath. Enjoy the sounds of the creek & NPGA. All appliances stay! LOW Home Owner Dues!! Tons of open parking! WAY BELOW WHAT OTHERS HAVE SOLD FOR W/O GARAGES …more

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New Price! Total Steal! Cambria Hills Re-sale! Virtually new, w/motivated seller! Hurry, only floor plan on market! Desirable end unit, 1st floor condo. 2 bedrooms,1.25 baths. Chef’s kitchen w/grey tiled counters, maple cabinetry, white doors w/nickel hardware, utility rm & laminate floors in kitchen & entry. Private patio off kitchen w/storage. 2 car parking spaces available! Bonus:Stainless Steel Frig that stays. 9ft Soaring ceilings,sunlight drenched & stylish. Cabana is great for parties, working out, or swim in amazing pool! …more

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Just a quick post here but I came across a story today discussing the new state law requiring condominium associations to disclose their financial stability. This article ties in well with my post last week dealing with reducing the risks of assessments. Enjoy reading!

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As a Realtor who spends much of my time in the condo market…one of the most important things I review for my clients is the numerous aspects surrounding the home owner’s associations. There are many rules and regulations that must be studied as well as financial reports to be reviewed. No one wants to move into a complex and find out just a few months later that they will have a large assessment against them for a repair in the complex that cannot be covered by inadequate reserves. …more

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