Home Buying in Tampa>Question Details

tphannie, Other/Just Looking in Punta Gorda, FL

HOA fees, are they paid monthly?

Asked by tphannie, Punta Gorda, FL Sun Mar 2, 2014

On a $20,000 home with HOA fees of $479, is that per month?

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0 votes Thank Flag Link Thu Apr 3, 2014
Having a resource to help with HOA information and documents makes life easier . Recently, when selling a home in Ohio, Association Online provided me with all the HOA details for the listing, and then provided all the documents - by-laws, financial statements, covenants, etc. They made sure the package was complete, making my work easier. Their web site is well organized and very easy to use - http://www.associationonline.com . Call their team of experts – they are great to work with (970-226-1324).
0 votes Thank Flag Link Wed Mar 12, 2014
Some homes have HOA fees, Condo Fees, and or CDD fees. HOA and Condo fees may be due monthly, quarterly or annually depending on the community. You can ask the listing agent or your realtor if you are working with one.

But the only way to know for sure is to contact the community association in question. Most associations will have a website, but a realtor should be able to help your get the exact information if you need to know for sure.

CDD fees are paid semi annually when you pay your taxes.
0 votes Thank Flag Link Mon Mar 10, 2014
The Bermuda Bay website states they are paid monthly
0 votes Thank Flag Link Sun Mar 2, 2014
The listing agent doesn't even always know - they are at the mercy of what the homeowner tells them. You should be able to Google the name of the HOA in that specific neighborhood and you can contact the property management company directly. The number you inquired about would be ridiculously high for a monthly fee unless it is a condo, so it's probably quarterly or yearly. Good luck.
0 votes Thank Flag Link Sun Mar 2, 2014
We can't answer that for you. Check with the listing agent. The listing will specify whether it is a year or a month.
0 votes Thank Flag Link Sun Mar 2, 2014
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