Things to know before buying in a homeowners’ association

Nearly a quarter of Americans live in communities governed by some type of homeowners’ associations (HOA), according to a 2013 report from the Foundation for Community Association Research. Most of these homeowners (70 percent, according to the report) believe that their association’s rules protect and enhance their property value. But you may not realize that seemingly small things—like planting a tree in your front yard, or painting your house—can lead to violations if you don’t get proper approvals.     Read the article…………..