Learning About Homeowner's Associations: Are They Right for You? – Part Two

Be sure to read part one of Learning About Homeowner's Associations: Are They Right for You?  for more on HOAs.

What Do They Provide?
All homeowner's associations will differ, and that is why it is important to get as much information about the one you may be a part of as possible. Typically, there are certain things that an HOA is in charge of including:

• Street maintenance
• Enforcing deed maintenance
• Maintaining community facilities
• Maintaining community landscaping
• Providing security to the neighborhood

This list is some of the most common things HOAs are in charge of. Talk to the homeowner's association and find out exactly what they provide.


What Do Fees Include?
To see the true value of the homeowner's association, you should find out exactly what the monthly fees include, such as:

• Trash pick-up
• Cable television
• Lawn maintenance
• Utilities (water or electricity)
• Security (a gate or security guards)
• Community facilities (pool, spa, fitness center or a golf course)

Depending on what is included, you may be getting a really good deal by joining a community with a HOA.

Advantages of HOAs
There are some definite advantages to being part of a community with a homeowner's association. Some of the advantages include:

Help maintain property value because of maintenance of community
Added amenities such as a pool, spa, fitness center, golf course or community club house
Ensure that the neighborhood is well maintained and houses are in good condition

Hearing positive feedback about a specific homeowner's association is an excellent way to help determine whether or not that HOA is right for you. If you have other advantages of HOAs that you want to share, be sure to add them via Twitter at @nationwiderelo. Similarly, Nationwide Relocation Services testimonials provide the positive feedback we need to help us know that our customers are happy with our superior service.

Disadvantages of HOAs
There are some disadvantages to being a part of a homeowner's association, and they include:

• High prices that can include very little
• Very strict when it comes to allowing you to make changes to your home
• Can be charged additional fees if you are not in compliance with their rules

Some people are very bothered by how restricting HOAs can be. They can dictate how your home looks and even what kind of car you drive or what you can put in your lawn. This is why it is extremely important to do some research.

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