# Homeowners
New law to give Texas homeowners more control over their property
Having become popular in the 1960s, homeowners’ associations (HOAs) are reported to have been developed to keep certain elements out of suburban neighborhoods. Business Insider claims that these groups were created to prohibit or at least limit black residents from moving into certain neighborhoods. While coming from racist roots, the idea of HOAs has continued, and actually expanded, through the years. It is virtually impossible to locate a suburban neighborhood in a major metropolitan area that is not subject to an HOA.
Do You Have To Disclose Fire Damage When Selling A House
A house after its been fire damagedWe Buy Houses Fast Nationwide. Disclosing fire damage is always a difficult decision when selling a house. On one hand, you want to be honest about any damage the house has sustained so that the new owners are aware of what they're getting. On the other hand, you don't want to scare them off with stories of the fire and how it happened. Ultimately, the decision of whether or not to disclose fire damage comes down to a risk assessment. If you think the buyers are likely to be scared off by the story of the fire, it's probably best to keep it to yourself. However, if you think they would appreciate knowing about the damage so that they can make an informed decision, then disclosure is probably the way to go. Whatever you decide, just be sure that you're honest and upfront about any damage the house has sustained.
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Eligible Denver homeowners and renters can receive $1,000 refund for property tax
(DENVER, Colo.) Applications are open now through April 30, 2023, for the Denver Property Tax Relief Program. The program offers qualifying Denver renters and homeowners a partial refund of paid property taxes or the equivalent in rent, according to the city. The average refund is $1,000.
Tax Implication When Selling A House
How does selling a house affect your taxes? This is a question that many people are asking themselves and there's no simple answer. The impact of selling one's home depends on how much you make, what type of property it was, and if you have any other income sources.
Mortgages and What Happens When a House Burns Down
If your house burns down, you may still be responsible for paying your mortgage payments. If you have insurance, your lender will require you to get replacement coverage for the remaining value of your loan. If you don't have insurance or if your coverage isn't enough to cover the balance of your loan, you'll still be responsible for paying off the mortgage. In some cases, your lender may work with you to modify your loan terms or may allow you to defer payments until you can rebuild. However, it's important to remember that burning down your house doesn't relieve you of your obligations under the mortgage contract. So even if your house is reduced to ashes, you may still be on the hook for the money you owe.
Your Pet, Your Home: Learn and Understand Pets' Policy Before You Rent or Buy an Apartment
Ask questions and understand pets' regulations before you sign a lease or a contract for a new house or an apartment (townhouse, cooperative, or condominium)—tips for pet owners and property owners.
Five Bears Discovered Living Under House in California
black bear family outsidePhoto by Delaney Van (Creative Commons/Unsplash) If you ever hear any sounds coming from under your house, it's a good idea to check and see what is making those sounds. That's a lesson that a house guest learned the hard way in South Lake Tahoe, California.
Home maintenance checklist for homeowners
If you own a Home and enjoy do it yourself projects, then this home maintenance checklist is for you. In this article, I will be covering 35 home maintenance tips that should be done throughout the year to keep your home in tip top shape, but if you have a lot of time on your hands and you’re feeling brave enough to tackle them all, then put on your safety goggles and your work gloves and let’s get started!