Before buying a home with a Home Owner’s Association, there are certain considerations you must make.
Looking to sell a home in Southern California?
Looking to buy a home in Southern California?
If you’re thinking of buying a home located within a homeowners association (HOA), there are certain factors you must be aware of before making that purchase.
For your convenience, I’ve provided timestamps of the video above where I discuss these factors in depth so you can skip ahead to various sections:
0:33—The advantages of living in an HOA neighborhood
1:00—Your fees, services, and amenities will vary significantly depending on your HOA
3:40—How your HOA dues are factored into your mortgage approval
4:09—The importance of knowing the CC&Rs of your HOA and what they may stipulate
4:51—Understanding conflict management within HOAs and the penalty of unpaid dues
5:21—Why you need to be aware of your HOAs reputation
5:44—Keeping in compliance with your HOA
6:10—What your HOA insurance covers
7:18—Wrapping things up
If you have any more questions about HOAs or any other real estate needs I can take care of, don’t hesitate to give me a call or send me an email. I’d be happy to help you.
