NATIONAL – HOA Documents: Are They Worth the Money?
Fox Business: HOA Documents: Are They Worth the Money?
In fact, many smart buyers won’t even consider properties in HOA-governed communities.
by Leonard Baron,
Published June 04, 2013 Zillow
When you purchase a property in a common interest development, often referred to as a homeowners association (HOA), the documents that go along with that purchase can cost $400-$1,000. Many buyers are not excited about paying for these documents or only pay for some of them to save money. While these documents do contain vital information that you absolutely need to review to protect yourself when buying property, about 95% of buyers won’t bother reading them before signing on the dotted line. Big mistake! Read more: