homeowner association: Home Owners Associations, the good the bad and the UGLY!
- 12/29/11 04:20 AM
There is a varying opinion on the usefulness and necessity of home owners associations (HOA’s). It’s important as a buyer or seller to understand why HOA’s are formed and what the benefits and drawbacks are and what you can do to make sure you protect your biggest asset (your home)!
The Good: The basic reasons for an HOA to be formed is to maintain property values by expecting a certain conformity of houses with in a specific neighborhood. Also the association conserves the common areas with scheduled mowing, tree trimming and other basic maintenance to ensure a consistent appearance. … (2 comments)
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