HOAs Some Love Them, Some Do Not


Many people tend to cringe when they hear "homeowners association" or "HOA.  A homeowner's association can be described as the governing body of the development or complex, usually comprising homeowners who have volunteered to serve on the HOA board. The entire purpose of an HOA is to maintain a higher quality of life for its tenants and homeowners.

Homeowners' associations (HOA) are common in many new, single-family housing developments, as well as in condominium and townhouse complexes. If you buy a home with an HOA, membership is mandatory and monthly, quarterly and/or annual fees are collected. In return an HOA offers  amenities, such as a clubhouse, golf course, private park, security, or community pool. Some also handle trash, snow removal, water/sewer, and basic external maintenance (roof and fences). If you fail to pay your fees, your parking and community pool privileges may be suspended.

Typically, an HOA will also require that homeowners to observe certain rules and regulations. They will mandate details such as the color of your home or front door, the length of your grass, the landscaping in your front yard, and exterior décor during holidays.

Overall, such rules are in place for the good of the neighborhood, since they help to keep the area well-maintained and clean. For some, this way of life sounds like a wonderful thing. For others, the restrictions are simply too much.