Six Warning Signs That an HOA Is Poorly Run ...Middle East

If you’re hunting for a house, you’re going to see a lot of condominiums and houses governed by homeowners associations—there are about 370,000 homeowner associations in the U.S., and about 75% of all newly-built homes are part of a condominium association or homeowner’s association (HOA). That means you’ll have to factor in fees of some kind, as well as the occasional assessment for unexpected repairs or maintenance costs, when you’re crunching your numbers to determine how much house you can afford.There are a lot of reasons to be wary of HOAs and condo boards, but many of them are “mandatory” associations you can’t avoid joining when you buy your home. While horror stories of overly draco

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Six Warning Signs That an HOA Is Poorly Run ...Middle East

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