If you are in the market to buy a new home, it’s very likely that at least some of those that you see are located in a community with a homeowners association (HOA). An HOA is an organization that makes and enforces rules for the properties within its jurisdiction. Being a homeowner in one of these communities obligates you to join the association and pay fees for the upkeep and maintenance of common areas of the property or building. Examples include single-family, master-planned, active-adult, condominium and co-op communities. Read the article……………
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