the board can slap fines on homeowners who break the rules or damage the common areas. HOAs can also place alienon a property if a homeowner falls seriously behind on their dues.
All HOAs are community associations, but not all community associations are HOAs. That's because "community association" can refer to any established group of property owners. This term can include: HOAs: Typically make homeowner membership mandatory and tend to be incorporated organizations that foll...
If you’re considering a home that’s in a Homeowner’s Association (HOA), you’ll want to carefully consider the pros and cons. Learn more about what HOA fees are and how they work.
while the homeowner may have no obligation to repay the reverse mortgage balance while they live in the home,they could leave debt behind for their heirswhen they pass away. If you would rather not do that, you might consider
Homeowners can use the online broker search tool on the FAIR Plan website to find local agents within or near their ZIP code. Brokers do not collect a fee when selling FAIR Plan insurance policies like they do with standard home policies. See if you are eligible: Not every homeowner will ...
Clear out for showings:Make yourself scarce when potential buyers come to view your home. Let them imagine themselves in the space, free from distraction: “Seeing the current homeowner lurking can cause buyers to be hesitant to express their opinions,” says Lopez. “It could keep them from...
Keep reading to learn how to get your HOA board’s approval for your home renovation and what you should do if it gets denied. Remodel your home with a local pro today Find Pros What is an HOA? A homeowner’s association, usually abbreviated as “HOA,” is a council of homeowners ...
HOAs are attractive to a lot of people, particularly those that are wary of the upkeep of owning a house. While the fee costs extra, it often covers landscaping, snow removal, sprinkler systems and offers community clubhouses, gyms, pools or playgrounds. Many of the typical homeowner duties ...
Elaine K. HowleyFeb. 5, 2024 Pros and Cons of Assisted Living Explore the benefits and drawbacks of assisted living to help you decide if it's the right choice. Ruben CastanedaandElaine K. HowleyJan. 26, 2024
(CMCA)- This certification is awarded by the Community Associations Institute and is common for managers working with condominium and homeowner associations, housing cooperatives, resort communities, and commercial tenant associations. Once certified, a CMCA must participate in continuing education to ...