Is an HOA Right for You?
Filed under Homeowners on Apr 03,2018 | Tagged in: hoa, homeowner’s association
If you love decorating your home’s exterior to the max for every holiday, living in a community with a homeowner’s association (HOA) might not be the best move for you. On the other hand, if you’re continually annoyed by the holiday magic that glitters and glows on the home next door, you might appreciate the way an HOA can tame the ornamental overachievers in your neighborhood. An HOA can offer many benefits, and just as many drawbacks, depending on what’s important to you. You’ll pay a fee to belong, but that may pay off in convenience if the HOA covers lawn mowing and snow shoveling. An HOA can also settle disputes between neighbors related to loud parties, dogs barking and other noise nuisances. Does your community have a pool or recreational facilities? Your HOA fees may cover the upkeep of those facilities. On the downside, HOAs can be costly – and they can restrict anything and everything related to the exterior of your home, from paint colors to putting a basketball hoop in your driveway. This article from credit.com offers a good overview of the pros and cons of an HOA.
Once you decide what’s right for you, let Vanguard Realty Associates help you find the home and community that suits you perfectly.