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December 29, 2007

Home Owners Associations

Filed under: Condos,fees,hoas,home owners associations — Tags: — Marilyn Goff Team @ 8:50 am

HOAs get a bum rap! Home Owners Association fees are your protection and assurance that your condo unit is going to be well maintained and upgraded when necessary to protect and help grow your investment.

However, even we Realtors will look at the fees and say to ourselves, “Darn those fees! They are going to make it a lot harder to sell these units!”

Sure, the fees can seem like a burden, but we want to suggest that all of us, agents and buyers, start thinking of the fees as a “savings” account, a fund that will be there to maintain the big investment you made in your housing and your future, and to help it to grow. Think about it! The HOA fee is your money working for you to help your investment grow bigger and better each year.

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