Every homeowner benefits from a well-cared for neighborhood.

Dated: November 23 2018

Views: 175

One thing buyers may not think to consider is whether the house is in a neighborhood with an HOA?



What is an HOA?

There are different definitions out there for a Homeowners’ Association and many operate differently from one another. A Homeowners’ Association, or HOA, is an association that works to maintain and oversee the common areas of a neighborhood or property complex.



It’s fairly common to find them in neighborhoods that offer amenities such as:

Community pool
Gated access
Playgrounds
Tennis courts, etc.

The HOA is typically a volunteer-based board made up of homeowners living in the neighborhood. Many HOAs have committees that coordinate neighborhood events, review proposed changes homeowners wish to make to their property, enforce the covenants, and more.

Many buyers may be aware of association dues and regulations in multi-family developments such as condos or townhomes. Every homeowner benefits from a well-cared for neighborhood and this helps maintain home values.



Blog author image

Kenneth Manesse

Helping you experience something new in Las Vegas that's guaranteed. Real Estate with less stress!....

Latest Blog Posts

Getting Ready For RETIREMENT in Las Vegas

For most people, retirement feels like a long way off. But, if you don’t start preparing as early as possible, you may find yourself in a place of financial insecurity when the time does come.

Read More

Why you should sell your 2 story home in Las Vegas!

You can't deny that you "have to sell" your 2 story home. Your knees will thank you! List of 1 Story Homes (Las Vegas 1st Homes)Want to check your homes value?  Find out (What is my

Read More

How to buy a REO in Las Vegas

If you’ve thoroughly prepared yourself for owning a home with a poorly documented history and a higher than normal risk of unexpected problems, as well as the stressful buying process that can

Read More

Four reasons why putting 20% down is a good plan.

Here are four reasons why putting 20% down is a good plan if you can afford it. 1. Your interest rate may be lower. A 20% down payment vs. a 3-5% down payment shows your lender you’re more

Read More