With hundreds of thousands of HOAs in the United States, there are plenty of misconceptions about them in the wild. With education, these misconceptions can be dispelled and the reality and usefulness of HOAs can be further explored. Here are some of the common misconceptions about HOAs that should be dispelled followed by reality and […]

A steady increase in the share of U.S. homes that require monthly condo, mobile home or homeowner association fees (HOA) has important implications for the affordability of homes nationwide, particularly condos, which are an increasingly popular option for first-time homebuyers.

If you’re planning to buy a home, there are countless decisions you’ll have to make. How many bathrooms do you need? Do you want to live in a community that has good schools? How high are the property taxes? What’s the crime rate like? And somewhere in there, you may want to ask yourself: Do […]

Across the U.S., homeowners’ associations are on the ascent. According to the U.S. Census Bureau, 59 percent of newly constructed homes in 2014 were part of a……….     Read the article………….

We’ve compiled a Glossary of the terms we are asked most frequently and broke them down to help you keep up with any Realtors and Property Managers you encounter along the way.    Read the article……………

Aside from condo association fees, shared walls, and elevators, there’s another thing that separates an apartment from a home – the inspection.   Read the article………..

Before purchasing a new condo unit, conduct a physical inspection of the neighborhood you plan to move to.  Find out if there are railroad tracks nearby, busy roadways, or major power lines. Noise and ground tremors may interfere with the peaceful enjoyment of your unit in the future. Power lines may present potential health hazards. […]

Check your prospective unit carefully but even more important, check the well-being of its condominium complex.  Condo complexes aren’t all the same. They’re built by different builders and developers. The quality of construction often varies. Check the builder’s reputation and experience. Some condo complexes are properly governed and managed, some not. You owe it to […]

The overall prices of real estate are still 16% down from their peak in 2006. What the future may bring to the U.S. real-estate market is still debatable given its slow recovery and uncertainty about consumer confidence.   Read more……….

Homeowners associations (HOAs) or Condominium Associations often have a bad image. The first thought that normally pops in someone’s mind about HOAs are the strict neighborhoods that fine you for any tiny violation to the neighborhood covenants. Why? It seems everyone has a horror story from either themselves or a friend who had something not […]

About 20 to 30 percent of homebuyers purchase properties within common-interest developments, commonly referred to as homeowners associations or HOAs. Before weighing the pros and cons of owning a property in an HOA community it’s important to understand what HOAs are, how they are governed and how they affect a homeowner’s bottom line. Here are […]

Have you ever been caught in the crossfire of litigation? When I first started in the business I had a run of bad luck that I wouldn’t wish on anyone. If you have ever wondered why being paranoid about doing things right matters is a smart move, read on.    Read more……..

A new home or condo may seem like a great deal. But your client had better scrutinize the rules impacting a community association before buying into it. Stiff new rules, many enacted to curtail renters and investors amid the foreclosure crisis of the past few years, could impact a property’s value. In fact, an investor […]

Joining a homeowners association can seem like a great idea until you run afoul of its rules. While the rules of the homeowners association, also called an HOA, are meant to keep a community tidy and uniform looking while protecting neighbors from doing something that would lower property values, they can be seen as a […]