Top 4 Critical Things to Know Before Buying a Home in an HOA Neighborhood
There are many misconceptions about homeowners associations (HOAs) in media and pop culture, which may inadvertently drive people away from buying a home in an HOA neighborhood that they might’ve otherwise loved living in. There are certainly some disadvantages to HOAs, but the downsides aren’t as clear-cut as you might think. Before Buying a Home in a HOA Neighborhood If you’ve considered purchasing a home in an HOA neighborhood, then here’s what you need to know before making your final decision. What is a Homeowners Association? An HOA is a not-for-profit organization designed to maintain the community and increase property values by setting minimum guidelines for neighborhood safety, exterior appearances, community amenities, and more. Some people dislike the idea of … Read more