Got Texas Real Estate? Steve Mondloch can show you how.

Got Texas Real Estate? Steve Mondloch can show you how. Let me know for what you're looking or if you have a property to sell; it would be an honor to help Don't ride the fence until mortgage rates go up.

Find out about the many benefits of owning property in Texas and not just Texas, DFW Texas! Our market slowed less than 15% through the "housing crisis" and many DFW Areas are in need of inventory. So if you're thinking about selling, putting it off can leave money on the table. That means buyers are able to buy less house and getting less for your house as a seller. It's a game at which you want to win and I understand the game.

A reminder of the Texas HOA bill went into effect SEPTEMBER 1, 2021! Here’s the highlights from Senate Bill 1588:• Homeo...
07/25/2022

A reminder of the Texas HOA bill went into effect SEPTEMBER 1, 2021!
Here’s the highlights from 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 (HOAs) cannot restrict it. 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 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. HOAs are allowed to enforce covenants which prohibit homeowners from installing security measures outside of the homeowner’s property.
• HOAs are prohibited from restricting homeowners who display religious items on their property. HOAs 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 days. 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. HOAs must now send homeowner requisite enforcement action “209” notice prior to reporting to credit agency.
For more information:
https://capitol.texas.gov/.../analysis/html/SB01588I.htm...

01/03/2019

Happy New Year!
Stock market's down, DFW RE values still strong. Consider real estate for more consistent returns.

08/16/2018

Hey all you prospective buyers and sellers out there! Buyers, by the end of this year you will lose another $25-50k worth of buying power due to the Fed raising interest rates. And Sellers, what do you think that will eventually do to home values? If you're thinking about buying or selling, there's no better time than now!

05/01/2018

A word of caution to other property owners and the general public. I had a water line in a refrigerator freeze and break. My tenant called Hurst TV and Appliance to repair it. I later received an invoices for $364! They replaced the "filter head" and the ice maker! It was a broken line! Don't get rolled by this company.

02/28/2018
02/22/2018

Invest in your home, invest in your future. Get in touch today for all of your real estate needs.

When it comes to buying or selling a home, you deserve to work with the best. Let’s explore your options together.
02/07/2018

When it comes to buying or selling a home, you deserve to work with the best. Let’s explore your options together.

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