Movoto
APRIL 30, 2024
Most areas with condo developments are usually subjected to homeowner association (HOA) management or something similar. However, if you’re unable to obtain financing by the end of the lease, you’ll lose the accumulated rent credit and could potentially face legal repercussions from the seller.
Movoto
JANUARY 28, 2022
Before you rent your home out to tenants, there are a few things to consider. 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. Know if your tenants will run a home business, and if that affects zoning.
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Movoto
APRIL 24, 2024
You’ll also need to check with local authorities to understand requirements for how to rent a house in your area and any organizations like HOAs or condominium associations, when applicable. Even when renting to most easy-going tenants, things can happen. But prioritizing qualified tenants shouldn’t slow you down.
Zillow
JUNE 11, 2018
This jump in the number of renters has put pressure on both tenants and landlords. Tenants are scrambling to find the right place, while landlords are trying to find the right price. Utilities are not exactly a hidden cost, but they’re often overlooked by tenants eager to move into a new apartment or renew their current lease.
Empire Appraisal Group
MAY 20, 2021
Can Condos or HOAs Require Vaccination Proof to Use Amenities? Source: Can Condos or HOAs Require Vaccination Proof to Use Amenities? This column is not based on specific legal advice to anyone and is based on principles subject to change from time to time. The post Can Condos or HOAs Require Vaccination Proof to Use Amenities?
PennyMac
JUNE 2, 2022
You have to have enough money saved to be able to handle expenses such as repairs, and cover the holding costs if a tenant moves out unexpectedly or stops paying rent. You also have to have a schedule that will allow you to address any issues that arise since tenants will have to be able to get a hold of you. Kevin Vandenboss.
Raleigh Realty
MARCH 29, 2021
You can rent the home out to tenants who pay your mortgage and bills while you continue to build your asset. Your neighborhood may require homeowner's association (HOA) fees, too. In fact, your lender has a legal obligation to spell out these fees and mortgage terms. Do the math to see what your ultimate monthly payment will be.
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