How Does a Home Owners Association Work?

submit to reddit

Submit Your Tip

How Does a Home Owners Association Work? – This is a place for the community to provide tips and advice on How Does a Home Owners Association Work?. This topic was created by Davide Melloni and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Votes

Tips

1
- Vote
Tip 1
9 Things You Need To Know About Homeowners' Associations More
Published: 9 years, 3 month(s) ago by Poiuytreza 34 | permalink
Vote
Restrictive rules and high fees are just some of the things to watch out for before joining an HOA.
Tags: homeowner,homeowners association,homeowners' association,hoa,fee,board,president,fees,costs,insurance,community,buy,sell,lease,own,owner,covenants,ccr,regulations,codes,home insurance,condos,mortgage

For further reading: http://www.investopedia.com/articles/mortgages-real-estate/08/homeowners-associations-tips.asp ^[1]

1
- Vote
Tip 2
Homeowners Association Fee (HOA Fee) Definition | Investopedia More
Published: 9 years, 3 month(s) ago by o Z Zan | permalink
Vote
An amount of money that must be paid monthly by owners of certain types of residential property to an organization that assists with maintaining and improving that property and others in the same group. HOA fees are almost always levied on condominium owners, but they may also apply in some single family neighborhoods.
Tags: home equity,condos,homeowners association fee - hoa fee,dictionary,glossary,education,investment,tutorials,investing,invest,investor,stocks,quotes,analysis,beginner,finance,financial,market,news,401k,ira,personal,definitions,terms,mutual funds,ipo,options,nasdaq,trader,trading

For further reading: http://www.investopedia.com/terms/h/homeowners-association-fee-hoa.asp ^[2]

1
- Vote
Tip 3
10 Tips for Dealing With Your Homeowners' Association More
Published: 9 years, 3 month(s) ago by Bill Fenech | permalink
Vote
Do you know the 10 tips for dealing with your homeowners' association? Find out 10 tips for dealing with your HOA in this article from HowStuffWorks.
Tags: hoa, homeowners association, dealing with homeowners association

For further reading: http://home.howstuffworks.com/real-estate/buying-home/10-tips-dealing-with-hoa.htm ^[3]

1
- Vote
Tip 4
How Much Power Does a Homeowners Association Have? More
Published: 9 years, 3 month(s) ago by Luc Demarre | permalink
Vote
Homeowners associations can wield a tremendous amount of power. Failing to comply with their rules can leave you facing hefty fines or even foreclosure on your home. Despite their power to rule ...

For further reading: http://homeguides.sfgate.com/much-power-homeowners-association-have-6900.html ^[4]

1
- Vote
Tip 5
HOAs: What You Need to Know About Rules More
Published: 9 years, 3 month(s) ago by Pedro Girardelli | permalink
Vote
Lobbying for change in your homeowners association’s rules requires procedure, compromise, and perhaps joining the board.
Tags: HOA

For further reading: http://www.houselogic.com/home-advice/home-thoughts/hoas-what-you-need-to-know-about-rules/ ^[5]

1
- Vote
Tip 6
HOA Liens & Foreclosures: An Overview | Nolo.com More
Published: 9 years, 3 month(s) ago by Muzzar Khokhar | permalink
Vote
If you don't pay homeowners association dues or assessments, the HOA can foreclose. Learn more.

For further reading: http://www.nolo.com/legal-encyclopedia/hoa-liens-foreclosures-an-overview.html ^[6]

About Author

More by Davide Melloni

Loan Officer Job Description

About This Topic

Category: Fun | 9 years, 3 month(s) ago

9.1k+ Reads

6 Tips

6 Votes

0 Likes

0 Saved

Contributors

Pedro Girardelli, Bill Fenech, o Z Zan, Muzzar Khokhar, Luc Demarre, Poiuytreza 34

References & Citations

1. http://www.investopedia.com/articles/mortgages-real-estate/08/homeowners-associations-tips.asp

2. http://www.investopedia.com/terms/h/homeowners-association-fee-hoa.asp

3. http://home.howstuffworks.com/real-estate/buying-home/10-tips-dealing-with-hoa.htm

4. http://homeguides.sfgate.com/much-power-homeowners-association-have-6900.html

5. http://www.houselogic.com/home-advice/home-thoughts/hoas-what-you-need-to-know-about-rules/

6. http://www.nolo.com/legal-encyclopedia/hoa-liens-foreclosures-an-overview.html