Maui Blog - Georgie Hunter R(S): Q & A - How Long will we pay for an HOA?

Q & A - How Long will we pay for an HOA?

This is an important thing to consider when shopping for a home!  HOA dues generally don't go away, and will increase over time.  Please stop by the original post to leave a comment.

 

 

HOA - how long do they reside in a community?I was helping a potential buyer trying to decide what community they wanted to live and the question was posed -
    If a community has an HOA, does it stop in 20 years, or when does the HOA stop making rules for those homeowners?

 

GOOD QUESTION, and one I did not have an immediate answer for.  I found out they are permanently in place.

 

However, there is no blanket answer for all questions either, as it differs with every HOA and will spell it out in the governing documents.     You will find this information in the Declarations and is usually written by the builders or developers per development.     In these declarations it will also state how to modify or resolve any HOA issues.  The declarations is the Bible and prevails over bylaws or regulations.

 

However, this is not as easy as it sounds.    It will spell out the exact procedure to follow, but will take a 2/3 super majority to change anything in the declarations.   

 

In a detached housing community, the HOA is responsible for the watering of entries and common areas, perimeter fencing and trash collection with recycling.     In a multi-family complex (condos & townhomes) there are other items to include - clubhouse, pools, fitness facility, tennis courts, exterior building and roofing, insurance, water/sewer, trash and grounds maintenance.   Downtown lofts may have concierge services, hot tubs, grilling areas and fire pits.

 

Unless there is severe action taken by homeowners in a detached home community, you most likely will have a governing body (HOA) in a community permanently.    

 

 

 

 

 

  - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

 

Metro Brokers - House to Home, Inc.House to Home

GRI, CRS, CNE, e-Pro  

Broker/Owner

Joan@JoanCox.com

720-231-6373

 

Denver Real Estate

Homes for Sale in Denver

Neighborhoods in Denver

 
  A Denver Metropolitan Realtor

FacebookTwittergoogle +  Linkedin

 

Comment balloon 9 commentsGeorgie Hunter R(S) 58089 • June 22 2017 01:27PM

Comments

Georgie, thank you for the re-blog!   This is important for buyers to be aware of when buying a home.

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373) 28 days ago

Our neighborhood has an HOA and we have an association that is the governing body. We pay the fee each year. The HOA has been in existence since 1954.

Posted by Doug Dawes, Your Personal Realtor® (Keller Williams Realty - Topsfield, MA) 28 days ago

I have seen fees go up, go down, stay the same...and even go away. That is why you go to your HOA meetings :)

Posted by Jeffrey DiMuria 321.223.6253 Waves Realty, Florida Space Coast Homes (Waves Realty) 28 days ago

Hi Georgie

We have lots of homes in HOAs in my area and there are plenty of issues to consider, pro and con. Thanks for this reblog - I hadn't seen it.

Jeff

Posted by Jeff Dowler, The Southern California Relocation Dude - Carlsbad (Solutions Real Estate ) 28 days ago

This is an excellent selection for a reblog. Our HOA dues seem to rise every year.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) 28 days ago

Georgie - this was a good post from Joan Cox.  I know of one development that voted to dissolve the HOA.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) 27 days ago

Thanks for all your comments!

Posted by Georgie Hunter R(S) 58089, Maui Real Estate sales and lifestyle info (Hawai'i Life Real Estate Brokers) 26 days ago

Thank you very much for your comments on my blog. Have an outstanding week.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) 25 days ago

HOA fees? I believe it is a life term fee that never goes away, same as taxes and home insurance if you buy a unit in the community. 

Posted by Inna Ivchenko, Realtor® • Green • GRI • HAFA • PSC Los Angeles CA (Barcode Properties) 4 days ago

This blog does not allow anonymous comments