Homeowners’ associations can be your best friend or your worst enemy. Here’s how to assess if yours is a good one.
When it comes to homeowners’ associations (HOAs), some people are completely turned off, and others live by them. HOAs are in a delicate position, after all. On one hand, no one wants to be told exactly what shade of tan they must paint their house; however, no one wants to live next to a home that looks as if it has been abandoned for 20 years either. Luckily, HOAs are not out to ruin homeowners’ lives, and they’re certainly not looking to get tied up in legal battles. In fact, HOA rules were created to keep neighborhoods safe, clean, and friendly.
But how do you know if the neighborhood in which you’re about to buy a home (or the one in which you currently reside) has an upstanding HOA? Use these tips to assess if your HOA is a good one. READ MORE