Why Buy in an HOA Community?

by Rossy Figueroa 11/29/2020

Photo by Robert Arthur Designs via Shutterstock

If you’re moving to a new city, particularly an area with new development, you may discover that most homes are part of a homeowner’s association. If you’ve never been part of one before, you might not understand their function and why they are useful within a neighborhood.

When an association functions properly, it improves the value of homes in the community. The rules and conditions keep your neighbors from infringing on your rights and vice versa.

Here’s a brief list of how your HOA benefits you:

  • It handles disputes between neighbors, so if your neighbor’s tree falls on your fence, the association mediates getting your fence repaired. Rules regarding approval for changes, renovations or upgrades to exteriors keep your neighbor from adding a second story that blocks your lake view or changing their exterior to a particularly obnoxious shade of orange.
  • It gives access to and maintains shared or common property. Typically, playgrounds, pools and parks fall into this category. In the case of condominiums and patio homes, the HOA often handles repairs to the exterior, roofs, elevators, garage doors and fences. Entry doors, hallways, and security also often fall under the jurisdiction of the association.
  • Many HOAs hire a property management service to take care of entry gates for a gated community, make agreements for waste removal and negotiate with the city regarding rezoning that might affect your home.
  • In some cases, HOAs handle the landscaping on the front of your home so that you only take care of your enclosed back yard or patio. For busy homeowners, this is quite an advantage. Other associations merely govern how long you can let your grass grow. This protects you from a negligent property owner that doesn’t take care of the house down the street.

While some of the rules may seem onerous, quizzing longtime residents can give insight into why one or another was added. A rule about basketball hoops in the driveway might make it seem as if they don’t want your kids playing out front. But perhaps the rule resulted from a freak windstorm that sent a freestanding basketball hoop across the street and through a neighbor’s window. Unless you ask, you don’t know.

Take time to attend your HOA meetings and become involved in the community. Even run for office and make your voice heard. If you have questions about living in an HOA community, your professional real estate agent can answer them.

About the Author
Author

Rossy Figueroa

 

“Real estate” means so much more to me than simply buying or selling property...I believe it’s all about the people behind those transactions. A house would never be a home without them. That is why my first question to you will always be “what are your goals and how can I help you get there?”

Helping someone to plan and achieve their goals is just as important as listening to what they are. I know first-hand from over a decade of experience just how much it can take to make it happen. With honesty, diligence, and resilience, however, no hurdle is unconquerable. I can guide you through the entire process, always making you feel comfortable, informed, and in control. Like I said before, you are always the first priority.

I chose to partner with Berkshire Hathaway HomeServices Real Time Realty because, just like me, they realize that real estate agents are much more than salespeople. Every person and every goal is just as important as the last - and Berkshire Hathaway has all the tools and resources to get the job done.

It’s been an absolute privilege to meet some of you and help you achieve your goals. I can’t wait to meet the rest. Whether you’re looking to buy, sell, or both, I am confident that I am the last agent you’ll need. A better future awaits...give me a call and let’s get started!