When you are considering buying a condominium, a townhouse, a property in a planned residential development, in a gated community, or in a subdivision, chances are high that you will have to join the homeowners association. Subsequently, you will be obligated to pay HOA fees, which will be used for maintenance and upkeep of the amenities, common areas such as the clubhouse, and the building itself. Though some may find the HOA rules a bit pedantic, living in an HOA community has tremendous benefits.
1. HOA Is Responsible for Maintenance and Up Keep
Homeowner’s association does this by collecting either monthly or annual fees. You part ways with money but in exchange for that, the HOA ensures top-notch maintenance of all the amenities and ensures your property stays in shape and looks fresh and pleasing. It highlights the beauty, ambiance, and the planning of the community, wowing those who visit its residents.
They also take care of gardening and landscaping needs, along with covering all the communal amenities, such as pools and clubhouses. HOA’s are so thorough with their maintenance that they will even take care of painting your house and will make sure that a healthy and prosperous living environment is provided to all its residents.
2. Free Use of Amenities
When you live in an HOA community, you do not just get a place to live but you get to enjoy complete access to the communal amenities. These amenities vary largely from community to community, but typical amenities include, a clubhouse, fitness center, courts, pools, BBQ pits, and much more.
These amenities can be enjoyed by the members, and are great for socializing and recreation, especially when you have guests over. Be mindful that the more upscale the community the higher will be the HOA fees, all extra amenities need up keep and maintenance so be prepared to pay a little extra for extra amenities.
3. Dispute Settlement
We are all different people with different temperaments and preferences. Naturally, there will be times when we will be in disagreement with our neighbors or some other members of the community. Thankfully, HOA of the community will act as a mediator in such situations. The HOA will handle all disputes with care and equality within the framework of the HOA rules, and ensure speedy and amicable resolution to any disagreements between the residents of the neighborhood.
4. Helps Build Communities
Perhaps the greatest benefit of living in an HOA community is an intangible one. You get to be a part of a community. HOA creates a friendly and healthy living environment; they build communities, which is extremely crucial. It is a blessing to be on good terms with your neighbors. They can help you during emergencies or time of distress.
5. HOA Promotes A Socially Healthy Living Environment
An HOA is able to do that through social events such as a welcome party for new residents and block parties that promote community engagement. Additionally, they conduct regular homeowners meeting which also serve as a great way of interacting with residents and building a community environment.
The benefits of joining the HOA are worth the time and energy you invest in it. When living in a community, it is always a good idea to be an active member of the homeowners association.