Tag: home owner’s association

The Four Critical Components of Homeowners Associations (HOAs)

Dear Monty: We are considering buying a home in a homeowners association. The agent calls it an HOA. We have heard both positive and negative reviews about the concept. Are homeowners associations a good idea? Monty’s Answer: There are many homeowners associations. Estimates vary, but the U.S. Census Bureau has published data on the number…


How to Deal With an Unresponsive HOA

Dear Monty: We recently purchased a condo in a community with a homeowners association board and bylaws. This property was only a slab when we bought it with a July closing date. The builder did not complete the unit until the middle of October. The builder promised a closing date inspection for any blemishes or…