How to Successfully Live Under a Homeowners Association

If you buy a condo, townhouse or single-family home in a newer development, you’re likely to become a member of a community association. About 20 percent of Americans live in a community governed by a condo association, homeowners association or co-op board, according to the Community Associations Institute. Community associations come with rules that determine everything ...

How Does an HOA Affect Your Home Purchase?

A homeowners association (HOA) is probably not on your mind when you’re thinking about buying a home. But if you do choose a home that has an HOA it’s important to calculate those fees into your budget. What is an HOA? An HOA is a legal entity that manages a shared housing complex. All condos ...