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If you're in the market to buy a home and are considering a house in a community governed by a homeowners association, also called an HOA, you'll want to do your research. HOAs can have all sorts ...
The Community Associations Institute, an advocacy group for homeowners associations, says foreclosures are a last resort, but also a matter of fairness: Neighbors who pay shouldn't be penalized by ...
America’s Homeowners’ Associations, or HOAs, are designed to promote community well-being and keep neighborhoods orderly and enjoyable. But in practice, their overly strict rules often go to ...
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.
If homeowners fall behind or fail to make these payments — like Quigley, whose problems started after she did not pay two biannual homeowner association dues payments totaling $800 — the HOA ...
The Community Associations Institute advocates for alternative dispute resolution programs to help homeowners and associations come to “a satisfactory and timely resolution” and avoid lawsuits.
An estimated 74 million home and condominium owners now live in properties governed by associations of their fellow residents. And to hear the Community Associations Institute tell it, the vast ...
Often, the HOA passes this ever-rising cost on to the homeowners in the form of higher monthly fees or larger one-time fees called special assessments. This jump in homeownership costs can have a ...