For those who own property with HoA, how much is the avg increase per year?
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- And that likely works for CA/WA. However there are parts of the country and especially many downtown areas where SFD are not an option.
I especially love condos in estate sale situations because beneficiaries love to ditch anything with a recurring fee at below market rates.
In any case, everyone has their own winning strategy
- New SgJq15This is highly subjective. I have a flat in the city with a ridiculous HOA but I won't be climbing the side of the building trying to keep my windows clean or the elevators working or the concierge fed or the garage door closed or a thousand other reasons that makes that place awesome.
- Amazon porlHOAs are the scum of the housing industry.
No one ever knows why the fuck they cost you so many hundreds of $$$ every month. More than often they are full of political shitshows and drama.
- Symantec / Eng 0xdeafOPSo what exactly is the high HoA money used for? I regularly see 500+ as HoA. Is it for external building repairs, roof repairs, window cleaning, gutters, what?