What are HOA’s? What do they do?

A homeowners association or HOA is an organization in a subdivision, community, or condominium that enforces rules for the property within its jurisdiction. If you are to purchase a property you automatically become a member of your HOA and dues will be required. Some HOA’s can be very restrictive with what homeowners can do with their property. Homeowners association’s have a great amount of control over properties. They require you to pay dues, and if you don’t then they can place a lien on your property or penalties can be imposed for breaking the rules.

Although HOA’s have a great control over your property there are some great benefits to being apart of one. The members aim for a high standard of appearance for the property. The HOA also provides a good amount of rules and regulations for the community. There are various amenities that come along with being apart of a great organization like this. It is very beneficial because of the numerous amenities and stable community that comes along with it.

Everyone knows that even though there is a lot of advantages of HOA’s, there are always some disadvantages. Some disadvantages of being apart of a HOA are the high cost of all the association fees. Also HOA’s have been deemed too restrictive for some homeowners because of the harsh expectations and regulations.

For all of your real estate needs, please contact the Hornburg Real Estate Group at Keller Williams Realty at DallasFtWorthHomeSearch.net or (817) 264-7087.

Published by The Hornburg Real Estate Group at One West Real Estate Co.

I began my real estate career in 2004 in Orlando, Florida. I relocated to my native Texas in 2012 with my family and started my business over from scratch! It's always a learning opportunity when you're focused on building a business through helping others and my story is just that! We have had the pleasure of growing a business and then getting into business with the very best agents in Dallas Fort Worth to help us grow & expand our mission, vision and values in the real estate market! We'd love the opportunity to show you what we are all about and how we exceed expectations!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: