
By Katie Wainman | March 2, 2020
The Home Owner's Association (HOA) is an organization that manages neighborhoods and living communities by enforcing specific rules, overseeing amenities and maintaining the grounds. Living in a community with an HOA has its benefits and downfalls, and each HOA will differ. It is important to assess the pros and cons of the HOA that is managing the property you are interested in.
Pros:
1. Less responsibility
Living in an HOA managed community means that you will have to pay monthly fees. However, these fees will often go to routine maintenance that you no longer have to worry about, such as snow removal and landscaping.
2. Recreat...