HOA Fees

HOA fees are regular payments residents make to a homeowners' association that manages and maintains shared community spaces and amenities, such as parks, pools, landscaping, and security. These fees help cover the costs of upkeep, repairs, and sometimes services like trash collection or insurance for common areas. The amount varies depending on the community and the amenities offered. Paying HOA fees helps ensure the neighborhood remains attractive and well-maintained, supporting property values and residents’ quality of life. It’s important to understand these ongoing costs when buying a property within an HOA community.