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Your HOA fees help cover those nice-to-have features, but they also cover an essential must-have: a “master” insurance policy for the property. While individual owners will have a separate ...
A homeowner association (or homeowners' association [HOA], sometimes referred to as a property owners' association [POA], common interest development [CID], or homeowner community) is a private, legally-incorporated organization that governs a housing community, collects dues, and sets rules for its residents.
The average HOA fees come in around $250 per month for a single-family home, according to iProperty Management’s most recent numbers. But 45% of HOA members say their fees increased in the past ...
Homeowners were given an alternative: a 17% increase in monthly fees, plus a single payment of $3,000. One resident said his family had saved up almost that much but it wasn’t meant for costlier ...
I am the HOA president of a 7-story, 35-unit condo in the McCully area. From 2021 to 2024, we are facing a 225 % cost in insurance premiums ($35, 000 to $114, 000 ), with a deductible that ...
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That’s the first price increase in eight years. Dues for 2025 will stay at the current level of $25, but Girl Scouts will pay $45 for a 2026 membership and $65 for one in 2027. While it’s a ...