Tag Archives: Homeowners Associations

The pros and cons of homeowner associations

  Many times when you purchase a home within a “community” there is a homeowners association. A majority of the time they are condominiums or townhomes within a subdivision or a gated community, but that is not always the case. Before purchasing one of these types of properties there are several items to consider. First, let’s talk money; Homeowners associations usually have association dues. These dues are usually paid on a monthly basis but some collect on a semiannual or annual basis. Some complexes will provide amenities for your dues. The most common are exterior insurance, lawn care, snow removal, …

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