If you’re thinking about buying a home, there is a critical piece of information you need to know before you commit to the purchase. That critical piece of information is the answer to this question: “What is the HOA like?” The HOA – or Homeowners Association – that exercises authority over the community in which your future property exists can have a major impact on your enjoyment of the property. This can either be a negative impact or a positive one, depending on your viewpoint.
HOAs have a significant impact on the day-to-day operation of a community. It may determine things like how short you cut your grass to where you can install solar panels to where you can hang your clothes outside, among many others. This impact has caused many potential property owners to do some research on the HOA in the neighborhood to see if their rules and bylaws are acceptable to them.
