what are the homeowner's dues?

Asked by Christine, Brentwood, Los Angeles, CA Thu Oct 29, 2009

This question is about this property: http://www.trulia.com/property/1084737623-171-N-Church-Ln-PH…

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Reid Kaplan, Agent, Los Angeles, CA
Sat Oct 31, 2009
Dues are $459.36/month. Please let me know if I can be of assistance.
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Deborah Brem…, Agent, Los Angeles, CA
Fri Oct 30, 2009
Hi Christine,
I live and work just around the corner from Museum Heights. I'd be happy to talk to you about the features and benefits of the building, and compare what you are paying for in Homeowners Dues in this building, vs. others in the area. Feel free to call me and I'll assist you in any way I can.
Deborah Bremner
Certified Short Sale Professional
Coldwell Banker Brentwood West
11999 San Vicente Blvd. Suite 100
Los Angeles, CA 90049
(D) 310.571.1364
(C) 310.422.4288
(F) 310.820.1457
Blogging at: http://TheBremnerGroup.com/blog
0 votes
Emily Knell, Agent, Huntington Beach, CA
Thu Oct 29, 2009
Hi Christine,

I know you weren't looking for the definition of a homeowners association.

Dues for this condo unit are $459/mo. This property is available, the owner found another home & is motivated to sell, they just reduced the price to $765,000 just last week.

Let me know if you'd like me to get more information for you about this condo.

0 votes
Robert Colem…, Agent, Beverly Hills, CA
Thu Oct 29, 2009
Homeowner's Dues are monthly fees paid to an Homeowners' association, or HOAs, which are formal legal entities created to maintain common areas of a local community, condo or subdivision. They usually cover the general maintenance landscaping, street cleaning, security, trash pickup and etc. One thing to be careful of is to investigate how much the Homeowner dues are for a particular property. Some fees can range from $100 to over $1000. So make sure the fees are within your budget which should include also your mortgage payment. This is important because failure to pay your homeowner's dues according to the binding agreement from an association can result in a foreclosure of your property outside of your mortgage payment to your lender. Hope my answer helps.
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