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What is an HOA?

Lamacchia Realty

WHAT IS AN HOA? An HOA, or Homeowners Association, is when a common interest community – which includes mainly condos but could include some single-family or waterfront properties – provides ground rules for maintaining their common spaces and property.

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Are HOA Fees Worth It? A Guide for Property Owners

Mashvisor

Have you ever asked yourself – Are HOA fees worth it? Well, you are not alone. This is one of the common questions asked by property owners and real estate… Investor Blogs Property Management property management Rental Management

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All you Should Know About HOAs in Florida

Lamacchia Realty

ALL YOU SHOULD KNOW ABOUT FLORIDA HOAs. Purchasing a home in an area with HOA fees can be tricky, especially since many people aren’t familiar with the process. Although it might not seem so at first, HOAs in Florida are there to help you as a homeowner.

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Can Condos or HOAs Require Vaccination Proof to Use Amenities?

Empire Appraisal Group

Can Condos or HOAs Require Vaccination Proof to Use Amenities? Source: Can Condos or HOAs Require Vaccination Proof to Use Amenities? The post Can Condos or HOAs Require Vaccination Proof to Use Amenities? Florida Realtors. By Rob Samouce.

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Houston Condos: HOA Fees & Amenities

Houston Properties

Compare homeowner association (HOA) fees and benefits for 115 Houston condo buildings

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How To Get Out Of Paying HOA Dues – A Guide For Rental Property Investors

Mashvisor

Within that, HOA fees are the expenses you pay to maintain the property you live on,… Investor Blogs Property Management property management Real Estate Tips Rental ManagementA Homeowners Association must be a familiar term if you live in a condo.

HOA 69
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Baltimore Racial Bias Lawsuit

Appraiserblogs

Appraisal Appraisal News Appraisers News Fannie Mae - Freddie Mac Uniform Standards of Professional Appraisal Practice USPAP census tract census tracts discrimination Exposure Draft Freddie Mac HOA lawsuit neighborhood The Appraisal Foundation

HOA 111
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Independent Fee Appraisers Under Attack

Appraiserblogs

Appraisal Appraisal News Appraisal Organizations Appraisers News Automated Valuation Models AVM appraisal news appraisal organizations automated valuation model discrimination HOA independent fee appraisers neighborhood property values valuation

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Merrivale West San Jose Neighborhood & Homes for Sale

San Jose Real Estate

Merrivale West is a very popular community of townhouses in the "West San Jose" area offering beautiful grounds & homes as well as a fantastic commute location and low homeowner association (HOA) dues.

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5 Things You Should Know Before Buying Your First Condo

Lamacchia Realty

However, what you should be aware of is that even though you own your condo, it’s managed by the HOA. HOA The Home Owners Association manages condos and their communal areas. First, you’ll need to abide by certain HOA laws and regulations in Massachusetts. What is an HOA?

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Silicon Valley homeowner associations: they’re not all alike

San Jose Real Estate

Boring as it may seem, the only way to know whether you will find any HOA regulations tolerable is to read them. Buying Tips First time homebuyers Almaden Valley (SJ) Evergreen HOA Homeowner association roof san jose Shadowbrook silicon valley Silver Creek

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Find Out What Really Happens When You Waive Contingencies to Score a Home

Realtor

Let us be clear: We do not recommend getting to this point on your path to homeownership without asking about the basics of the home you’re trying to buy—including HOA rules. Bottom line: Since we think you should do your homework, waiving the HOA contingency seems pretty low-risk. ———.

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Tempted To Waive Contingencies to Score a Home? Watch Out for These Dangerous Repercussions

Realtor

Let us be clear: We do not recommend getting to this point on your path to homeownership without asking about the basics of the home you’re trying to buy—including HOA rules. Bottom line: Since we think you should do your homework, waiving the HOA contingency seems pretty low-risk. ———.

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9 Home-Buying Costs Veterans and Active Military Should Keep in Mind

Realtor

HOA fees. For a typical single-family home, HOA fees can cost homeowners around $200 to $300 per month, although they’ll be lower or much higher depending on the size of your unit and the amenities.

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Can You Refuse To Join a Homeowners Association? Here’s What Investors Should Know

Mashvisor

You may have grown up in an HOA neighborhood or have heard… Investor Blogs Legal Matters & Taxes Neighborhood Property SearchCan you refuse to join a homeowners association? It depends on your patience and willingness to be litigious.

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9 Home-Buying Costs Veterans and Active Military Should Keep in Mind

Realtor

HOA fees. For a typical single-family home, HOA fees can cost homeowners around $200 to $300 per month, although they’ll be lower or much higher depending on the size of your unit and the amenities.

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Bloomberg Radio Features Anthony Lamacchia for a Market and Economy Discussion

Lamacchia Realty

March 9, 2023 No Comments WHAT IS AN HOA? Anthony Lamacchia joined Joe Shortsleeve and Tom Moroney on Bloomberg Radio to discuss the current housing market and economy.

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6 things you should do after moving into your new home

Housing Wire

Understand HOA Rules. One of the first things you should do when you move is gain an understanding of HOA rules. Some HOAs require status updates on the property, like when the mortgage is transferred. You’re all moved into your new home – now what?

HOA 487
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The Pros and Cons of Homeowners Associations

Berkshire Hathaway

Many homeowners have been reluctant to select a home with a homeowners association (HOA) due to the negative connotation that it has received over the years. Living within the boundaries of an HOA often can mean more rules and lots of critiques from your neighbors.

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Mortgage Lenders Tighten Condominium and Cooperative Project Requirements

Lamacchia Realty

Are there any code violations or local government certifications the HOA has not satisfied now or in the last 5 years? From there, the HOA or property manager must confirm if the repairs have been completed. Is any portion of the repairs being funded by the HOA’s reserves?

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Should You Waive Contingencies To Win a Home? 4 Situations When It Might Be OK

Realtor

If you’re buying a home in a homeowners association with a shared structure (like a roof), the HOA might cover the repairs. Be advised, though, that repairs on single-family homes or detached condos and townhouses in HOA communities will likely have to be paid for by the owner.

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11 Things to Consider When Buying a Home in Raleigh NC

Raleigh Realty

It's important to note that not all HOA's are the same and some will do very different things than others. If you buy a house with an HOA you'll need to make sure you budget for it, as well as make sure you can play by the rules. as well as 'do I want the rules that come with an HOA?

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As title insurance volume shrinks, workers take on more tasks

Housing Wire

According to PropLogix, the most common tasks outsourced are municipal lean searches, title searches, tax reports, judgement searches, UCC searches and HOA research.

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HW+ Member Spotlight: Lisa Dunn

Housing Wire

Since the approval is lifetime and not based on HOA financials but based upon the CC&R’s, there is no real reason to require this. Nor is it required that an HOA board even consider getting a VA condo project approved, if it currently isn’t.

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Homebuyers put pets first when shopping for homes

Housing Wire

According to Realtor.com , homebuyers should look for: Whether the HOA restricts the number of pets or the type of pet A dog-friendly floorplan (i.e., According to a recent Realtor.com survey , almost 95% of homebuyers consider their pets when purchasing a home. Yes, you read that right.

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People movers: Opendoor, Incenter, LRES

Housing Wire

Kicking off people movers for the week, Opendoor announced it hired a new chief investment officer, naming Daniel Morillo to lead the iBuyer’s pricing and data science efforts.

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The title industry’s role in uncertain times

Housing Wire

These title insurance alternatives only cover title defects that can be found by a public records search, while title insurance protects against known risks and unknown risks not found in a search, such as federal tax liens, HOA liens, and fraud or forgery of title documents.

HOA 433
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Condo vs. Apartment Living: 8 Key Differences

Raleigh Realty

Might have homeowner’s association (HOA) fees. Once you pay off your mortgage, a condo owner only needs to worry about paying utilities and possible HOA fees. For an apartment, you can be charged for: Application fees Credit checks A security deposit Monthly rent If you’re purchasing a condo, you can expect to pay: A down payment Closing costs Monthly mortgage payments HOA fees A key difference is if you own a condo, you usually have the option to rent it out to other tenants.

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Townhouse vs. single-family house, factors to consider

Housing Wire

Install a pool, paint the shutters or add a second master bedroom (unless you have an HOA, that is.). Comparing single-family houses vs. townhouses can be difficult. What is the right fit for your home purchase?

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Is it a condo? Is it a townhome? Maybe it’s both!

Padove Appraisal Service

townhomes served by a homeowners’ association (HOA) are becoming increasingly popular. that are part of an HOA typically require payment of monthly dues however, these dues often cover. In some cases, the HOA maintains recreational facilities such as. HOA members.

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Punctual Abstract acquires Slade Title Research

Housing Wire

Punctual Abstract , which compiles and provides abstracts, title evidence and ancillary documents, such as HOA estoppels, tax certificates and municipal, announced Monday that it has acquired Mississippi-based Slade Title Research.

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Fla. Has 9 of 21 Top Overpriced Rental Markets

Empire Appraisal Group

Additionally, Johnson said HOAs across Florida have rules against owners renting their units out during the first year of residency, or banning it outright. NEWS & MEDIA Andrii Yalanskyi/Getty Images Plus Source: Fla. Has 9 of 21 Top Overpriced Rental Markets | Florida Realtors Fla.

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Knowing the Condition of a Condo Before Buying

Will Springer Realtor

At the same time, some HOAs across the U.S. In Washington, buyers receive a packet of information known as a resale certification, which should include details of these assessments as well as discussions in HOA meetings about the possibility of special charges.

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Here’s how to choose between a house, condo or townhouse

Housing Wire

There will be more maintenance and repairs to cover, higher insurance premiums to account for, and you’ll be responsible for things like property taxes and HOA dues, too. Buying a home is a big decision. And choosing the right type of property? That’s critical to success.

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Renting? 5 zoning rules to know before you rent your home

Movoto

Clear your plans with your HOA (if you have one). If you live in a community that has a homeowners association (HOA), there may be provisions against renting out your house. Read your bylaws carefully and ask the HOA any questions that you’re not clear on.

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Guide to Getting a Condo Mortgage: What You Need to Know

PennyMac

The complex functions as both a condo and a hotel or offers hotel amenities, including the HOA offering short-term rentals for condos in the complex. The condo complex is owned by the developer, with condos being leased by the HOA. HOA Considerations.

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Condo Vs. Townhouse: How Are They Different, And Which Is Right For You?

Quicken Loans

While these HOAs are not responsible for the maintenance of the individual townhouses, they oversee the preservation of the community as a whole. Some HOAs also have a set of guidelines that homeowners must follow to protect the look and feel of the neighborhood.

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New Regulations Put in Place for Condos in Florida

Lamacchia Realty

Lenders must ask specific questions and if the answer is yes to any of them, lenders need to have a Maintenance/Special Assessment addendum completed and signed by the HOA. From there, the HOA or property manager must confirm if the repairs have been completed.

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Can you buy a home with plans to rent on Airbnb?

Housing Wire

If the home is located in an area with an HOA or condo association, there may also be dues there, too. Renting your home out on Airbnb can be a smart way to make some extra cash. In fact, it might even make homeownership more affordable.

HOA 488
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HUD Announces Numerous Changes to Handbook 4000.1

McKissock

If the subject property is located in a PUD, the appraiser must identify the name of the PUD, check the PUD box on the form, and indicate the HOA fee per month or per year. On January 18, 2023, HUD issued an announcement regarding revisions made to Handbook 4000.1.

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