Homeowners Associations: Join Or Pass?

Like many prospective homeowners, I’ve looked at properties that fall under the jurisdiction of a homeowners association (HOA), and I’ve had to carefully analyze whether the value of those HOA services outweighed the costs. HOA fees are hard for many new home buyers to swallow. These fees are incremental costs that typically aren’t planned for like a mortgage. Most homeowners invest in real estate with the expectation that they’ll see future returns on that investment. HOA fees aren’t really in that ROI vein; they’re more like an operating expense akin to apartment rent or property taxes — money you will never see again.    Read the article………………..

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