Four Common Headaches Of A Homeowners Association

By
Mortgage and Lending with CrossCountry Mortgage, LLC NMLS #3029 NMLS #126036

When you are looking to purchase a home, you might hear a lot about something called a homeowners association, often shortened to HOA. While there are benefits of having an HOA in a living community, these benefits also have their drawbacks.

There are a few common headaches that people often experience when they move into a community that has an HOA. Anticipating these problems ahead of time can help everyone prepare for what they might encounter.

The Maintenance In The Common Area

Whether you are living in a condo or in a neighborhood, the HOA is supposed to maintain the community common areas. This includes pool maintenance, lawns, landscaping, gyms, and more.

In some areas, your HOA might even be responsible for cleaning up after a storm goes through the area. Sometimes, this simply doesn’t happen. This can cause the neighborhood to look like a mess. If the neighborhood isn’t properly maintained, your property values may suffer. 

Problems With Parking

Without a doubt, parking issues are among the most common problems that you might encounter with your HOA. When someone is driving through town, traffic and parking issues are handled by the police.

In the neighborhood, the HOA is typically responsible. The bylaws of the homeowners association might even give them the right to fine people. Make sure you read the agreement with the HOA carefully. You need to know the laws as well as your rights.

Antenna Issues

It is important for you to remember that your HOA cannot control who you have handle your cable and internet connections. In addition, they cannot force you to remove a satellite dish from your house even if they don’t like the look of it.

On the other hand, if you use an antenna, there are still some HOA rules that can control its location. Make sure you read the rules if you elect to go with an antenna.

Understanding Homeowners Association Problems

Some of the other issues that you might encounter with your local homeowners’ association involve pets, holiday decorations, and other random fines. You should read up on the bylaws ahead of time so you know what lies ahead. While not every HOA creates problems, others can be a real headache.

As always, your local real estate agent can answer specific HOA-related questions on any community in the area. 

If you are in the market for a new home or interested in refinancing your current property, be sure to consult with your trusted home mortgage professional to discuss financing options.

Posted by

For help or questions contact:

Joe Gonzalez

Senior Loan Consultant -  NMLS #126036
GMH Mortgage Services, LLC
625 W. Ridge Pike, Building C, Suite 100 | Conshohocken, PA  19428 | Direct: 610-355-8039 |  Cell: 610-739-6563

FHA Jumbo Loan, Mortgage King Of Prussia   FHA Jumbo Loan, Mortgage King Of Prussia   FHA Jumbo Loan, Mortgage King Of Prussia

This material is non-exclusively licensed to Joe Gonzalez and may not be copied, reproduced, or sold in any form whatsoever. Copyright ©2006-2014, Bring the Blog. All rights reserved. Terms of Service.
close

Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Bob Ratliff 11/22/2019 04:39 AM
Topic:
Home Buying
Location:
Pennsylvania Montgomery County King of Prussia
Tags:
mortgages
hoa
real estate

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
943,806
Bob Ratliff
Robert Ratliff Realty - San Antonio, TX
"Sold with Bob"

Great blog post about HOA's, Often I feel buyers have no idea what to expect with community HOA are they just don't want to move into a neighborhood with HOA. Knowing the HOA bylaws helps to answer questions and ease minds and certainly be a win win.

Nov 22, 2019 04:31 AM #1
Rainmaker
3,479,888
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Joe - living in a homeowner association can bring forth multiple reactions including headache if one is not fully informed or prepared.  Upfront knowledge is certain and your post highlights many of those things that prospective residents/property buyers should be aware.  Thanks to Bob Ratliff for his re-blog of your post that I might have otherwise missed.  

Nov 22, 2019 04:51 AM #2
Rainmaker
3,319,116
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

It is wonderful when...you have a HOA that is responsive....and listens to the concerns of the members...it can be a great thing !

Nov 22, 2019 04:57 AM #3
Rainmaker
2,535,582
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Our HOA is great and when there was a parking problem with one of the neighbor's family members parking on the street... they responded quickly.

Nov 22, 2019 07:53 PM #4
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
324,060

Joe Gonzalez

NMLS# 126036 (610) 739-6563
Ask me a question
*
*
*
*
Spam prevention

Additional Information