Tonnie Pritc…, Home Buyer in Monticello, GA

What is Home Owners Associationers Fee?

Asked by Tonnie Pritchard, Monticello, GA Fri May 16, 2014

This question was asked from http://www.trulia.com/property/3118758932-388-E-Beach-Blvd-G…

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1
Hi Tonnie,
A home owners association fee or HOA, is a fee that is collected on a monthly basis for the community in which the home or condo is located. Fees can very quite a bit from a complex or subdivision and even the size of home can make a difference in how much you pay compared to your neighbor. HOA's fees are typically collected by a management company and they use the money to maintain the community areas of the property. For example... gardener, pool service, handyman, etc.
Hope that helps.
Tyson
0 votes Thank Flag Link Sun May 18, 2014
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