If you’re in the market for your very first home, chances are you’re likely to come across a myriad of terms and acronyms you’ve never heard before, such as an HOA. For those who are looking at new, master-planned communities or condominium units, then you’ll want to become more familiar with what an HOA is and what it could mean for your budget.
Here’s what you should know about an HOA community before buying a home in one.
For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.
What Is An HOA?
HOAs are organizations that manage certain aspects of how a neighborhood works. HOAs create and enforce rules, collect dues, and provide useful services. They
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One of the largest homebuilders in Colorado Springs has named Lauren Schneider, MilitaryHomeSearch.com’s founder and REALTOR, their Top Real Estate Agent of 2016. The award was presented to Lauren on Thursday, January 26 in recognition of her achievement for selling the most Challenger Homes that year. She sold a total of 10 homes in 4 different developments to active duty, reservists, and veterans. This is Lauren’s first award since becoming a Realtor and she looks forward to another year of working closely with Challenger Homes and helping even more families find a beautiful new home.
