Are Hoa Fees In Your Budget?

by Shelley Sakala

 
Shelley Sakala - Phoenix REALTOR®
 
 

When buying a home in a community with a Homeowners Association (HOA), understanding HOA fees is crucial. These fees aren’t just an added cost—they play a significant role in maintaining the quality of life and property values in your neighborhood.

Things to consider when reviewing HOA fees:

  • What They Cover: From landscaping and amenities to security and community events, we explain how these fees are allocated.
  • Why They Vary: Learn why fees differ from one community to another and what factors influence the cost.
  • Benefits of HOAs: Understand the perks of living in a managed community and how it can enhance your lifestyle.

Whether you’re considering purchasing a home with an HOA or simply curious about where your money goes, this video provides clarity on the topic.

Alway be sure to discuss HOA monthly fees, what's due at closing, and exactly what you're paying for when considering a home within an HOA.