The Ins and Outs of Homeowners Associations

Posted by Bonnie Martin Designated Broker on Wednesday, May 28th, 2014 at 8:38am.

blockhouse_denis-yulia-pogostins__450zillow.com - About 20 to 30 percent of home buyers purchase properties within common-interest developments, commonly referred to as homeowners associations (HOAs). Before weighing the pros and cons of owning a property in an HOA community it’s important to understand what HOAs are, how they are governed and how they affect a homeowner’s bottom line.

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Photo:  ©[Denis Yulia Pogostins]/123RF.COM

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