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Benefits of Living within an HOA

The difference of opinion on homeowner’s associations, or HOAs, depends on several factors, including individual personalities and preferences and the quality of the particular HOA. Rules and dues vary but, in general, homeowners who live in an HOA must abide by its regulations and pay a monthly, quarterly or annual fee that pays for management and maintenance of the community.

Many homeowners prefer to live in an HOA for several reasons, including:

  • Community appearance: Homes within an HOA must meet the standards set by the association or face a fine, so you’re less likely to see unkempt lawns, peeling paint or a garishly painted house. Some HOAs have a design review board with the power to approve any changes to your home’s exterior, and which establishes a color palette for exterior paint and trim. Many HOA’s have rules about how many cars or even what type of vehicles can be parked on your property. For example, they may ban commercial vans or RVs.
  • Low maintenance: Depending on the HOA, services such as trash and snow removal and lawn care are handled by the association, leaving less work for the homeowner. Typically, common areas are maintained by the association.
  • Recreational amenities: While not all HOAs have swimming pools and tennis courts, many offer a range of amenities such as a community center, walking trails, sports courts and playing fields reserved for residents.
  • Association management: If you have a problem with your neighbor’s dog barking, loud parties or a dispute over a tree, you can ask the management to handle the issue rather than getting directly into a spat with the homeowner next door.

Many homeowners appreciate that HOAs often maintain higher standards for a neighborhood’s appearance, but there’s no question that you need to understand the regulations and costs in every community where you’re considering buying a home.

HOA regulations are usually set by a committee or board of directors and then enforced by a paid management company or a group of volunteers. You can become involved with the HOA in order to have a voice in the decisions being made. Homeowners can request a rule change or an individual waiver, but there’s no guarantee that your request will be granted.

HOA fees vary as much as HOA regulations and depend on multiple factors such as the amenities in the community and which services are covered by the fees. When you’re buying a home, you need to compare fees from one community to another based on what they cover. Keep in mind, however, that the presence of these amenities can add to your home’s value, even if you don’t directly take advantage of them.

Article from realtor.com | Written by Michele Lerner

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Jill Gunter

Do you have a family that needs a larger home? Are you thinking through the house hunting process, trying to figure out exactly how to do this with your kids? Or, are you trying to sell and concerned about how to keep your house clean, the yard mowed AND make it to soccer practice? I’m in this business because of my family and the goal I have for you is to help you and your family find the home of your current dreams. A little about me…my husband Van works for Wells Fargo and we have two beautiful, well spirited daughters under the age of 9, a spirited son and a golden retriever named Miss Nipper Pearl. My daughters are realtors in training and my oldest can point out features of a home in record time! I’m a proud graduate of Appalachian State University (home of the 3 time national champions) and received my Masters in Public Administration from UNCW. I’m also an alumna of Phi Mu Sorority and am actively involved in both the collegiate and alumnae chapter in the Wilmington area. Volunteering comes naturally to me and I often contribute financially to local nonprofits in honor of my clients and the closing of their new home.

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