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Property Q&A in 78705 : Real Estate Advice

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Activity 4
Wed Sep 3, 2014
amandaprn asked:
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This question was asked from this property: http://www.trulia.com/homes/Texas/Austin/sold/1002073747-510-W-26th-St-Austin-TX-78705
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Thu Jun 19, 2014
Debbie.s.tucker asked:
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This question was asked from this property: http://www.trulia.com/rental/3159486611-509-Texas-Ave-1-Austin-TX-78705#photo-4
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Thu Jan 27, 2011
Scott Butcher answered:
Stan,

All land developers will appoint 'friendly' people to them so they can control the HOA. I believe that they generally start to lose control once 75% of all lots are sold to individuals/people that are not affiliated with the developer (aka homeowners). Again, read your CC&R's first to make sure, or contact an attorney.

If your subdividion is still new and not more than 75% of the lots have been sold, then you probably don't have much room to force the issue. And if you do, you don't have the voting power to change things since the developer will proxy all his votes towards his agenda, not yours.

Just my 2 cents.

Regards,

Scott Butcher
Maker Capital Group
512-796-7738
... more
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Wed Nov 5, 2008
Rodney Monk answered:
Hi Julie,
It is apparent that you are not working with a REALTOR. I would be glad to help you out, as this property IS still available. As a REALTOR I can help you get all the questions answered that you could have, and allow you to see the properties as well. Also, my services are free. Give me a call or shoot me an email, and I would be glad to tell you how else I can help. Oh yes, and the HOA is a Jeff said, $110/month.

Rodney Monk
Central Texas Home And Land
512.524.6565
RMonk@kw.com
... more
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