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Showing posts from April, 2021

HOA Hesitation: The Pros and Cons of the Homeowners Association

Written By: Jacquelyn Annete García Vadnais Homeowners Associations can cause a great deal of confusion with homebuyers and real estate investors alike due to the lack of clarity regarding how they bring value to real estate communities. Many purchasers wrestle with whether having a Homeowners Association is worthwhile or whether they should seek out a community that does not have high Homeowners Association dues. This is a decision that should not be taken lightly as it has the potential to greatly impact the overall cost of a particular residential property. In order to learn more about the pros and cons of investing in or purchasing a property that has a Homeowners Association, review the information below: Pros and Cons to Consider When Purchasing a Property that Has a Homeowners Associations Pros Maintenance of Amenities Communities that have Homeowners Associations can benefit from offering residents many amenities. This can be appealing to a resident or prospective tenants that