Home Buying in Auburn>Question Details

Typhoonspoon, Home Buyer in Auburn, MA

hello... was curious about the hoa fees. seems like an awful lot and it the fee is a month or for the year? thanks for your time and

Asked by Typhoonspoon, Auburn, MA Fri Aug 5, 2011

consideration.
Blayne-

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6
Blayne,

It really depends on the complex or area. Each one is different.

Which property are you looking at?

Amy
0 votes Thank Flag Link Fri Aug 5, 2011
The home owners association fee generally is a monthly fee for landscaping, snow removal, and at times, club house fees. Generally in NE, these fees relate to homes in condominium divisons, and not single family homes.
Easy to find out the details. Just contact your realtor, or the local real estate office.

Beth Johnson
Emerson Realtors
Auburn, MA
774-289-6437
0 votes Thank Flag Link Fri Aug 5, 2011
HOA could be monthly, quarterly or yearly.
Your experienced local Real Estate Agent can provide this information for you.
0 votes Thank Flag Link Fri Aug 5, 2011
It depends on if you are talking about a condo or for a single family home in a neighborhood development. Most condo association fees are monthly and cover outside maintenance, snow plowing, master insurance, etc. and you are responsible for maintaining the inside of your unit. If paying for a single family home, again it may be a monthly fee or a yearly fee and it would cover things like road maintenance and common area land upkeep, etc.

It is best to contact the association to receive this information. If you'd like help in getting further information on a certain property, feel free to contact me anytime.

Angela Dolber
Prudential Prime Properties
508-826-8553
angeladolber@gmail.com
http://www.theDolberteam.com
0 votes Thank Flag Link Fri Aug 5, 2011
There could be several ways to find out if an HOA fee is monthly or yearly. You can call the person that listed the HOA fee. You can call the associations itself, or you can ask the residents.
0 votes Thank Flag Link Fri Aug 5, 2011
HOA fees can bust up a good Deal:
It would depend in what included in the HOA's responsability; if it is just street repairs and a security gate, it could run from $50 to $300 a month.
If there is a lot of common area, with a clubhouse, maybe a community swimming pool , it could run $300 to $500 per month.
I have seen really nice and exclusive places with a fee of $1200 per month.

I am not a fan of HOA's, both as a past resident and as a Realtor trying to sell in an HOA.
But you can make your own decision:
My suggestion would be to walk around and meet some of the residents and ask them about their HOA.

Good luck and may God bless
0 votes Thank Flag Link Fri Aug 5, 2011
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