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People tend to have a love/hate relationship with homeowner's associations! While they can be very useful for some people, others have gone through HOA nightmares! Today, I'm sharing with you the 10 questions you NEED to ask to make sure you know EXACTLY what you're getting into if you're thinking of buying a home in an HOA!
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Timestamps
00:00 10 Questions to Ask BEFORE Buying In An HOA!
01:16 1) What are the HOA fees and other costs?
02:10 2) What is the HOA responsible for?
03:21 3) HOA restrictions on decorating
04:34 4) Are there HOA pet restrictions?
05:04 5) Are there HOA vehicle restrictions?
05:52 6) Can you rent your home out?
06:53 7) Owner occupants vs. Renters
07:21 8) Find out about Special Assessments
08:23 9) Ask to see the HOA's financial documents
09:19 10) Are there lawsuits pending against the HOA?
10:10 Closing Thoughts
Thank you for watching! Whether you're in New Jersey or anywhere in the country, let me know whatever I can do to help you make YOUR next move a huge success!