Here are some helpful hints when considering purchasing in a home that has HOA's:
- Request the HOA's financial documentation to make sure that they are funded and can pay for what they promise to provide you.
- Check how much and how often the fees incure. What does the HOA provide to you? Is it worth the amount they are charging?
- What are the restrictions the HOA will make you follow as a homeowner in their community? Can you abide by these rules?
Here is a helpful article regarding HOA's.