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Your Guide To Homeowners Association

Your Guide To Homeowners Association

When considering a home that will make you part of a Homeowners Association, it is important that you completely understand what you are signing up for. If you have specific questions, it is best to talk to your real estate agent, but for information about HOAs in general, use this blog post as your guide!


What is a Homeowners Association (HOA)?


A HOA is a structure that is put in place in a community to help maintain public areas and give the community a way to make decisions as a whole. They also enforce rules to keep the area safe and clean.


What are the benefits of a Homeowners Association (HOA)?


They create unification and a clear communication between neighbors. It will prohibit your neighbors from breaking rules or not maintaining their property. 


What are the cons of a Homeowners Association (HOA)?


The main con of a HOA is that there are fees. However, depending on your association, the fees may take care of maintenance and landscaping in your area. 


How is a Homeowners Association (HOA) run?


There are often elected board members, but general members of the association are still able to attend the meetings.


Are there strict rules in a Homeowners Association (HOA)?


These associations are trying to benefit the area as a whole. Therefore, the rules are usually about the maintenance and presentability of your property. They are also to make sure there are no safety hazards in the area.


That being said, Homeowners Associations are strict about certain rules, but they should be simple to follow.


Overall, Homeowners Associations are important to learn about if you are going to be part of one. Look into the specifics as much as possible. It is definitely better to know the rules ahead of time. Check out the rest of our blog posts for more housing and lifestyle tips!