Mashvisor

AUGUST 25, 2021

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…

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HOA Real Estate Property Management Investors 74

Housing Wire

JULY 7, 2023

A requirement of a government-sponsored Home Equity Conversion Mortgage (HECM) is that the homeowner keep their home in good repair while paying any applicable property taxes, homeowners insurance and homeowners association (HOA) fees.

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BiggerPockets

AUGUST 12, 2023

Claiming tax deductions on homeowners association fees allows property investors to reduce the amount they pay on taxes. Here's how to do it.

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Mashvisor

NOVEMBER 24, 2021

Within that, HOA fees are the expenses you pay to maintain the property you live on,… A Homeowners Association must be a familiar term if you live in a condo.

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Housing Wire

SEPTEMBER 24, 2021

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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Housing Wire

APRIL 24, 2023

In particular, provisions in the bill state that the zoning rules already established by homeowners associations (HOAs) and other “common interest communities” cannot be superseded by the new bill once it becomes law.

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Housing Wire

DECEMBER 5, 2022

According to PropLogix, the most common tasks outsourced are municipal lean searches, title searches, tax reports, judgement searches, UCC searches and HOA research. Compared to 2020, there was a 68% increase in the number of title professionals reporting that they outsource HOA research (47% in 2022 compared to 27% in 2020).

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Housing Wire

APRIL 21, 2023

.” Broeksmit said expenses can fluctuate significantly because some items are not in credit reports (child support or alimony being one example) and others are estimated at application but could change at closing, such as HOA dues, hazard insurance and property taxes.

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Mortgage HOA Property Taxes Logistics 429

Houston Properties

JULY 28, 2022

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

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Empire Appraisal Group

JUNE 29, 2023

million homes in homeowners’ associations (HOAs), most of our members have helped prepare contracts that address issues associated with association rules. The condo disclosure comes from Section 718.503, Florida Statutes, and the HOA disclosure comes from Section 720.401, Florida Statutes. Next month we’ll focus on the differences.

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Housing Wire

NOVEMBER 1, 2021

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. The merger is effective immediately.

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Raleigh Realty

FEBRUARY 19, 2022

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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Housing Wire

OCTOBER 23, 2020

Rounding out the hiring announcements for this week, LRES Corporation , a real estate appraisal, valuations, HOA, commercial trustee services and REO asset management company, has promoted Cassie Vega to senior director of client experience, bringing more than 12 years of experience in the valuation space to the position.

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Housing Wire

FEBRUARY 5, 2021

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., Of the respondents, 61% were dog owners, 45% owned cats, 12% owned fish and 9% were bird owners. You’re probably wondering exactly what kind of features a pet needs in their home to be happy.

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Housing Wire

JANUARY 19, 2023

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.

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Housing Wire

DECEMBER 21, 2020

Install a pool, paint the shutters or add a second master bedroom (unless you have an HOA, that is.). You’ll likely have more square footage, more bedrooms and more privacy for members of your household. Another nice perk? You can do what you want with the property.

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Lamacchia Realty

FEBRUARY 18, 2022

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. This way, paying those HOA fines will be easier. Car parking?

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Eppraisal

MAY 23, 2023

Homeowners associations (HOAs) play a significant role in many residential communities, providing governance, maintaining common areas, and enforcing community rules. We will delve into the purpose and functioning of HOAs, shedding light on their importance in fostering harmonious and well-maintained neighborhoods.

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Housing Wire

JANUARY 22, 2021

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. You’ll not only pay significantly more for a house initially, but you’ll also have more in long-term costs, too. The bottom line.

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Housing Wire

DECEMBER 18, 2020

If the home is located in an area with an HOA or condo association, there may also be dues there, too. Additionally, there are other costs to factor in, including things like licensing (if required by your city), taxes (including any exemptions you might lose by not living in the home), insurance, cleaning fees, supplies and more.

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Lamacchia Realty

MARCH 10, 2023

March 9, 2023 No Comments 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 Read More » The post Bloomberg Radio Features Anthony Lamacchia for a Market and Economy Discussion appeared first on Lamacchia Realty.

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Eppraisal

AUGUST 4, 2023

Homeowners Association (HOA) Fees If you live in a community governed by a homeowners association, you'll likely be required to pay HOA fees. While an HOA can enhance your community's appeal, the fees can vary widely and may increase over time.

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Berkshire Hathaway

SEPTEMBER 7, 2021

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. This can make it difficult to turn a profit on an investment property.

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Raleigh Realty

JULY 12, 2022

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. In a condo, you’re free to make any upgrades as long as it’s up to code and HOA regulations. In many cases, a condo will have an HOA. What Is an Apartment?

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Lamacchia Realty

JUNE 2, 2023

HOAs in Florida are Very Common When buying property in Florida, it is likely that your new home will be part of a Homeowners Association, otherwise known as an HOA. It’s crucial to understand exactly what an HOA is and how it affects you, since many communities in Florida have one.

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Lamacchia Realty

JANUARY 11, 2022

Are there any code violations or local government certifications the HOA has not satisfied now or in the last 5 years? After reviewing these questions, and if the answer is yes to any of the above, the lenders need to have a Maintenance/Special Assessment addendum completed and signed by the HOA. Read More ». September 28, 2021.

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Appraisal Today

APRIL 2, 2023

They love the HOA for keeping the neighborhood, pools, and parks looking impeccable, but don’t always like how it goes about enforcing the rules. “Some HOA rules can seem overbearing, but are required by state law—such as no glass or pets in the pool area,” says Kelly G. I will never live anywhere with an HOA.

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Housing Wire

APRIL 8, 2021

But be sure to consider how other recurring costs that may come with homeownership – such as homeowners insurance, property taxes and common charges like HOA fees – factor into your total monthly housing expense. These costs may also fluctuate over time.).

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San Jose Real Estate

DECEMBER 15, 2022

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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Mashvisor

OCTOBER 4, 2021

You may have grown up in an HOA neighborhood or have heard… Can you refuse to join a homeowners association? It depends on your patience and willingness to be litigious.

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Will Springer Realtor

JUNE 21, 2022

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. Response to the Champlain collapse was swift in Florida.

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Will Springer Realtor

MAY 2, 2023

An HOA typically has a wealth of documents related to both the community at large – whether a traditional high-rise condo or gated community – and the property for sale. More on HOA documents.) They include a chance for buyers to request the home is cleaned before taking occupancy and that the seller’s personal property be removed.

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PennyMac

SEPTEMBER 6, 2022

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. Most lenders require that at least 85% of HOA dues be paid on time. HOA Considerations.

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Housing Wire

NOVEMBER 2, 2022

At one point, there were no curative options for an HOA lien other than to manually contact the lienholder and remove the cloud on the title— with all of the respective paperwork required. At one time, there was no better means to collect earnest money or pay out a REALTOR’s commission than a cashier’s check.

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Movoto

JANUARY 28, 2022

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. If you are allowed to have renters, they will still have to follow HOA guidelines for maintenance, noise, and other rules.

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Quicken Loans

APRIL 6, 2021

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. Everything else is reserved for the condominium’s HOA.

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Buys Brokers Only LLC

FEBRUARY 20, 2022

One of the attractions of living in a condominium is the freedom from exterior maintenance, such as mowing lawns and cleaning pools. Community amenities like clubhouses and tennis courts offer additional recreation and entertaining options not always possible in a single-family home.

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