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Shirlscheng's Blog

By Shirley Cheng | Agent in Willow Glen, San Jose,...

HOA Fees, turned off or just have to deal with it?

    So I was recently chatting with one of my friends and he is planning to purchase a new home for him and his new wife within the next year or so.  And in the conversation, he asked me about what I think about HOA fees and am I turned off by it.
    My answer was this, I believe it's part of most or all new communities now and we as consumers need to deal with the changes.  Even single family homes has HOA fees ranging from $70-$150, and that's just to take care of the little front yard or not even that.  Of course if you want to live in a condo, you'll be looking at fees of $200 or more, depending on where you go.  It is a hit on your wallet in the end, but you just have to deal with it, since I don't see it going away.
    Now would these HOA fees be a reason for a home buyer to completely disregard any properties that them?  Will this be a reason for someone to only look at older homes?  Tell me what you think or have experienced.  





Shirley Cheng
Mobile: (408) 600-2266
Email: shirley.cheng@cbnorcal.com
Website: http://www.Dolcehomes.com
01907118

Comments

By Pam McCoy,  Thu Dec 8 2011, 19:55
Shirley,
When a neighborhood has HOA fees, they will have CC&R's, too. It also will be important for the buyer to want to live within the guidelines of the CC&R's too. some can be very stick including not allowing your garage door to be open for more then a certain length of time, no basketball hoops outside, no cars in the drive-ways, etc. The home buyer should be aware of these rules and want to live under their guidelines.

Many people like living within an Association and its guidelines..

Happy selling,

Pam McCoy
pammccoyrealestate.com
By joedelagdo,  Thu Oct 10 2013, 06:21
As the Secretary of my Homeowner Association in Fort Collins, it’s sometimes a challenge trying to maintain work, family and my HOA duties . However, when I discovered Association Online all of that changed. No need to worry about piles of paperwork, their software is quite easy to use and all our HOA documents are stored and managed online. This allows our Board of Directors to operate in a more effective way. You should check them out at http://www.associationonline.com or call (970-226-1324). I highly recommend them for all Homeowner Association needs.
 
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