Homeowners associations, or simply HOAs, are corporations or the legal entities set up by real estate developers in order to maintain the common areas of developments and managing the homes in residential subdivisions or condominium developments. In today’s market most condominium developments and townhomes have an HOA, which is created after the development has been […]
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Homeowners Associations have grown up all over the USA over the past few years. What are the benefits of membership, and is there a downside to membership of an HOA? Opinion is mixed between those who like living in a well organized housing development and those that feel it to be too restrictive. The prime […]
What is an HOA or homeowners association? Fundamentally, an HOA is a body that sets rules and restrictions for people that belong to neighborhood communities for the benefit of the community as a whole. These communities can take several forms, and it is generally a condition of purchasing a home in such communities that you […]