Lori Schnier, Realtor

09/15/2024

This would scare me into staying in my seat!! 🤯😳😳😳😳 Anyone else???

10/13/2022

While observing National Fire Prevention Week, which runs through Saturday, fire officials are urging homeowners to take greater precautions. You only have 3-4 minutes to escape a house fire.

Cooking is the number one cause of house fires and was behind about 50% of them from 2015 to 2019, according to the NFPA. Many of those fires involved a stove and people walking away from the food while still cooking. Fire officials say that there are only about 30 to 45 seconds to react before a fire can quickly get out of hand.

Another leading cause of house fires is heating equipment, particularly space heaters. The NFPA urges homeowners to turn off portable heaters whenever leaving a room or sleeping. Also, space heaters should be kept at least three feet away from furniture, bedding or other flammable items.

STAY SAFE!

10/13/2022

While observing National Fire Prevention Week, which runs through Saturday, fire officials are urging homeowners to take greater precautions. “The number of home fire deaths is going up,” says Steve Kerber, vice president and executive director of the Fire Safety Research Institute(link is external). “In just three minutes or less, a room could be more than 1,000 degrees Fahrenheit and filled with deadly levels of toxic gas from the smoke.”

FSRI recommends homeowners take the following precautions:

1. Make an escape plan.
2. Check smoke alarms regularly.
3. Close bedroom doors when sleeping.

10/09/2022

Real market update may be scarier than Halloween but it’s not! Call me to help you navigate it ☎️

09/27/2022

09/26/2022

Collin County Housing Report for August 2022. If you have any questions or are interested in how your county looks, please let me know.

07/24/2022

NEW TEXAS LAW FOR HOMEOWNERS AND HOA’S BEGINNING SEPTEMBER 1, 2022:

• Senate Bill 1588:

• Homeowners anywhere in Texas will be allowed to put up a perimeter fence around their property for added security (front, sides, and/or back of homeowner’s property). The law specifically states that homeowners associations (HOA’s) cannot restrict it (i.e: New fence/gate around homeowner’s front yard/driveway). Homeowners associations are allowed to enforce covenants which mandate the type of fence material that must be used. If required by the HOA, homeowners must obtain prior approval for the material of any new fence being built, but not the fence itself. Replacement of established fences (i.e: backyard fences) with existing material, do not need prior approval.

• Homeowners are allowed to install a perimeter fence around their pool, as well as security cameras and motion sensors on their property without prior approval. HOA’s are allowed to enforce covenants which prohibit homeowners from installing security measures outside of the homeowner’s property.

• HOA’s are prohibited from restricting homeowners who display religious items on their property. HOA’s may only enforce covenants which prohibit religious items that violate a law, contain graphic language, pose a threat to public health/safety, or are offensive to the public (other than its religious content).

• Resale certificate fees are now capped at $375 and updated resale certificate fees at $75. Deadline for HOA to deliver such certificate is now 5 days as opposed to 7. Homeowners are now permitted to seek a judgement against HOA for no more than $5,000 for failure to deliver certificate in a timely manner.

• If your HOA board makes a budget amendment, they must do it now at an open public meeting.

• Any HOA must obtain bids before awarding any contract more than $50,000.

• The bill prohibits a person from serving on an architectural review committee (“ACC”) if the person is: 1) a current board member; 2) a current board member’s spouse; or 3) a person residing in a current board member’s household.

• If you are late paying your HOA dues, your HOA can still report you to a credit reporting agency but they can’t charge you the fee to do that. You now have 45 days instead of 30 days to cure a delinquency. HOA must now send homeowner requisite enforcement action “209” notice prior to reporting to credit agency.

Bill has been passed and goes into effect on September 1, 2022.

07/05/2022

📣Per Metrotex: "Over the past year alone, the swings in lumber prices have prompted the price of a new single-family home to rise by more than $18,600, according to the National Association of Home Builders.

In the last three months, lumber prices have started to come down as the housing market shows signs of slowing and interest rates rise. A glut is forming in the lumber market as inventories begin to pile up. Lumber buyers have slowed their orders, and sawmills are beginning to slash their prices, The Wall Street Journal reports.

Lumber prices have fallen 47% year to date. They are down 65% from a 2021 record high of $1,733 per thousand board feet. The big drops should help ease inflationary pressures in the housing market, and the costs to build should come down, Markets Insider reports."

SO LETS FIND YOU A NEW BUILD! 🏠

05/26/2022

https://www.newsmax.com/finance/streettalk/housing-market-declines-previously-owned-homes-mortgage-rates-interest/2022/05/26/id/1071628/

05/13/2022

🎉 Celebrating a new Texas homeowner today!🎉