Use this post to educate your buyers about Home Owners Associations and help them determine if they want to own in a neighborhood or building with an HOA.
- Understanding Home Owners Associations
- What You Need to Know about HOAs
- What is an HOA really about?
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Are you thinking about looking at homes in a neighborhood with an HOA (Home Owner’s Association)? Have you ever wondered what an HOA is or what you should know before you buy a property governed by one? This blog post is for you.
From the post:
“If you’re a first-time buyer and are confused about what a Home Owners Association is (or does), you should definitely ask the right questions before you consider buying. Basically, an HOA is an organization which is designed to protect the quality of life and property values for owners within a neighborhood or shared building. How they do so, though, can vary widely. Typically when you purchase a residence subject to an HOA, you’ll be required to pay monthly dues which often contribute to major repairs or maintenance or the upkeep of common/shared resources…”
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