HOA Or No HOA That Is The Question

HOA Or No HOA That Is The Question

To HOA or not to HOA that is the question...... The answer is not so simple because most buyers see these fees as an extra and unnecessary expense however, on the PLUS side there is value provided which is usually in proportion to the fees and can include such items as Insurance, external maintenance, common area maintenance, scheduled house painting, common amenities such as swimming pool, club house etc. all of which you would have had to pay for anyway.

On the Minus side, you will have to accept the rules and regulations of the HOA which will restrict what you can do with the outside of your home. Although this may seem painful, remember it also applies to your neighbor so you will be sure to live in a pleasant, well maintained environment where your neighbors will not be allowed mess up the environment and potentially impact your home value.

If you are going to have a mortgage, please remember to factor in the HOA fees into your calculations, contact our lender for additional help on their web site http://FirstForFunds.com or click the Finance tab.

Norman Fineman Headshot
Dated: July 9th 2016
Views: 286
About Norman: We are a Professional, Full Time Team, licensed in the State of Florida. All members are active Real...

Property Search

RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Genuine Service Animal Or Jail Time - This is an issue that
About Homeowners Associations HOAs - When you purchase a home, there's
How An Agent Can Help Alleviate Stress - Purchasing a home can be a
What Does A Title Company Do - When you purchase a home, a title

Our Bloggers

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Prime Property Team
5550 Glades Road, Suite 101
Boca Raton, FL