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

Who is responsible for enforcing rule violations?

Q: A column a few weeks ago stated that a board cannot refuse to enforce rules. I have asked our

Lawsuit alleges faulty fire sprinklers in Miami high-rise condo buildings (FL)

At least two high-rise Miami condos are among many that used faulty and potentially dangerous plastic pipes in fire sprinkler

PBSO employee and husband accused of fraud, grand theft from HOA (FL)

A husband and wife from Lake Worth, who are former leaders of the Lantana Homes Homeowner’s Association, are accused of