Would you buy a property in an HOA?

• June 18, 2024
• 0 Comments
• lisaestateNY
• Broker, buy, Buyers, eclipse, HOAs, homeowners associations, lets eclipse, Purchase, Real Estate, Realtors

• An H.O.A, or Homeowners Association, is a “group of homeowners in a defined area or neighborhood” which could range from a two-unit townhome, a development of condos, or an entire master-planned neighborhood of single family homes.
• Most HOAs are non-profits, and the money generated from them is used to upkeep the shared property including landscaping and community areas.
• HOAs have boards, and volunteering to sit on one can work to your advantage! Not only will you become extra familiar with the rules, but you will get to know your neighbors and have a say in how your home is run.

Would you buy into an H.O.A.?

Let’s eclipse!