When buying or selling a home, it is expected that all sorts of fees will pop up at closing. However, the HOA transfer fee is one that sometimes takes people by surprise. This is a one-time fee that occurs when a property is transferred from one owner to another. The HOA transfer fee is mandated by the HOA and isn’t always listed in the real estate contract because it is a non-negotiable fee, meaning that the buyer can’t negotiate the amount with the seller. Read the article………………
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