What happens if I don’t pay the fees? If you don’t pay your HOA fees, the homeowners association (HOA) can take specific actions to ensure compliance. Initially, they may issue warnings and reminders about the outstanding dues. If the non-payment persists, the association could impose lat...
If there’s ever an issueresolving community conflicts, your HOA can be an invaluable resource for resolving the problem. Whether it’s enforcing an existing rule or helping homeowners come to mutually agreed-upon resolutions, your HOA can be an advocate for all homeowners living within the rules...
Individual homeowners may conflict with their HOAs. One thorny issue in particular relates to the installation of solar panels. HOA boards often don’t like them, fearing that they hurt property values. They’re allowed to forbid homeowners from adding them to their residences in 23 states.4 An...
Closing on a house marks the beginning of a new chapter in your life. But this crucial final step toward homeownership includes a lot of documents, signatures and fees. Here’s a closer look at what happens at closing day — and during the entire home closing process. ...
HOA fees increase your living expenses but may provide some perks, too. For example, if your community has a shared gym or tennis courts, you wouldn't have to pay separate membership fees for access to similar facilities. On condominiums and townhomes, the HOA fees can spare you from exter...
wouldn't know ahead of time what they're paying out of pocket. If a family member gets sick and has to go to the urgent care and then needs a branded prescription, they could end up paying more than the $87 out-of-pocket cost of the copay plan, depending on the specific treatments...