Buying a home that is governed by a local homeowner association can be a great way to buy a home and get some extra perks. Or it can be a bit burdensome and cause the homeowners to become bitter about their home and neighborhood.
There is no right or wrong answer to this debate. Some people enjoy the added benefits that come from the homeowner association and do not mind the additional fees.
Other people would rather continue to rent than pay fees and have someone give them a list of rules to follow for a home they are buying.
Regardless of which side you are currently on, this article will dive into some of the advantages and disadvantages of an HOA and give you information to help you make a good decision for your next home purchase.
Love Them Or Hate Them: HOAs Explained