Congradulatuions! about moving to DFW. I am originally from the East Coast, and Love Texas! Yes Blanket insurance does make your insurance less. You basically need contents and inside the walls. The Condo fees normally cover outside. If you would like to call me at (972) 757-4527 or email at Barbara@powerteamtexas.com or feel free to go to http://www.powerteamtexas.com, and on to our great Power Page

Property tax is the same....based on value.

If the HOA covers blanket insurance, and this is normal, then you buy a "condo" policy which is similar to renters insurance. Much less costly than normal home owners insurance. Even if not required by the HOA a good idea to have. It covers theft, damage from another owner, damage by you to another owner (think fire or flood), and loss of contents. Typically with condos the insurance is only to the sheetrock, so if disaster happens, you still have to finish out cabinets, appliances, paint, fixtures, etc.

Good questions. This is always the trick with condos and townhomes....cost of HOA. Each is a little different and covers different items. Typically anywhere you have people involved the HOA fee will go up significantly....concierge, doorman, security, on-site manager, etc. Some HOA covers water, some hot water, some utilities, etc....I never think this is a good idea, as it does not encourage conservation.

If you would like an email list of condos or townhomes in your target area, just let us know.

Bruce Lynn
Keller Williams Realty
214-675-6992

The tax rate is the same whether you have a condo or a home. Your cost of homeowners insurance will be less costly as the Homeowners Association pays for the building. However, you will still need to get what is called condo or studs in insurance. If the building burns down or a water pipe breaks they will not replace anything inside the walls such as carpet, appliances, cabinets, etc. If I can be of any help please do not hesitate to call me. I have lived in the Dallas area for 35 years and have been a realtor for 7 years. I'm very familiar with Condos in the Uptown area and all of North Dallas. Thanks. Norma Karter - William Davis Realty 214-418-6117