Why you should look carefully at an HOA’s plans for that community before buying a home there

Q: My wife and I made an offer on a property in a self-managed Virginia community of single-family homes. Our offer hinged, in part, on the sales agent’s assurance that maintenance of the community’s private roads was totally covered by current HOA annual dues of $1,000 per lot. However, we just received the HOA’s disclosure letter stating that the board is studying a road engineer’s report for possible dues increases and special assessments.        Read the Q&A……………


Related Articles

Lawyer who stole $1M from clients gets eight more years in prison (NV)

Calling his actions “despicable,” a judge sentenced suspended lawyer Barry Levinson on Thursday to at least eight years in prison

City of Rockwall (TX) hosts successful meeting with area neighborhood associations

Attendees included both City leaders and residents representing 13 of the City’s HOAs

Las Vegas (NV) may amend short-term rental zoning rules

Las Vegas officials may clarify rules for short-term housing rentals that have stalled one condo owner’s application for more than six months.