Home Buying in Carpinteria>Question Details

Todd Deprez, Home Buyer in Las Vegas, Las Vegas,...

what is the hoa?

Asked by Todd Deprez, Las Vegas, Las Vegas, NV Thu Jan 17, 2013

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This question was asked from this property: http://www.trulia.com/property/3097181255-3950-Via-Real-82-C…

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HOA is the acronym for Home Owner's Association. When purchasing a condominium, townhome or home that is affiliated with an HOA there is typically a monthly "Association Fee" that is required of the property owner. Association fees cover some of the routine costs of running the complex, which typically include, insurance, trash, water, maintenance, sometimes wifi wireless, just to name a few. It just depends on the Association. Mobile home parks can also have HOA fees. When applying for a loan HOA fees are considered due to the fact that they are a recurring monthly expense on the part of the homeowner. Therefore, this will impact your loan eligability amount. HOA fees are set by the HOA and vary in price, beware some can be very expensive, others not so much.

If you need help with properties in Carpinteria contact me. Sofie Langhorne, Realtor
DRE# 01851983 sofie@TheLanghorneGroup.com @ Coldwell Banker! I look forward to hearing from you!
1 vote Thank Flag Link Thu Jan 17, 2013
simple question do you know what the hoa is on this prperty ?
0 votes Thank Flag Link Thu Jan 17, 2013
Best next action is to ask a local Real Estate Broker by clicking "Find a Pro" in the main menu at the top of this website. http://www.naplesrealestateguys.com/
0 votes Thank Flag Link Thu Jan 17, 2013
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