08/31/2026
# 🐾 Harley’s Home Tips #28
# Love the House? Better Check the HOA Before You Buy!
Hey friends, Harley here. 🐶🐾
Beautiful house.
Perfect kitchen.
Great backyard.
Plenty of room for my treats.
You’re ready to write the offer.
But then Stephen asks:
**“Have you looked at the HOA?”**
If the home belongs to a homeowners association, you’re not only buying the property.
You may also be agreeing to **rules, fees, restrictions, and financial obligations** that can affect how you use your new home.
Here’s what smart buyers should investigate.
# # 💰 1. Know What the HOA Actually Costs
Start with the regular HOA dues.
Ask:
• How much are they?
• How often are they paid?
• What do they cover?
• When were they last increased?
• Are increases expected?
A $400 monthly HOA payment adds **$4,800 per year** to your housing expenses.
That needs to be part of your budget before you buy.
# # ⚠️ 2. Ask About Special Assessments
This one can surprise buyers.
If an HOA needs money for a major expense and doesn’t have enough reserves, owners may face a **special assessment**.
That could involve expenses such as:
• Roof replacement
• Road repairs
• Exterior work
• Community plumbing
• Clubhouse or pool repairs
• Major landscaping projects
A beautiful community doesn’t automatically mean the association is financially healthy.
# # 📊 3. Look at the HOA’s Financial Health
Don't just look at the monthly dues.
Look deeper.
Depending on what's available, buyers may want to review:
✔ Budget information
✔ Reserve information
✔ Upcoming projects
✔ Delinquencies
✔ Pending assessments
✔ Recent financial statements
If expensive repairs are coming and the reserves are thin, that deserves attention.
# # 📚 4. READ THE RULES
Yes, actually read them.
An HOA may have restrictions involving:
• RVs
• Boats
• Motorcycles
• Commercial vehicles
• Exterior paint colors
• Fences
• Landscaping
• Pets
• Parking
• Rentals
• Home businesses
You don't want to discover AFTER closing that something important to your lifestyle isn't allowed.
# # 🏘️ 5. Planning to Rent the Property Someday?
Pay close attention.
Some associations restrict:
• Short-term rentals
• Long-term rentals
• The percentage of homes that may be rented
• Minimum lease periods
• Tenant requirements
Even if you're buying the property as your primary residence today, those restrictions could affect your options later.
# # 📝 6. Review the HOA Documents Before You Commit
Don't assume:
**“Everybody else lives there, so it must be fine.”**
Read the documents available to you.
Ask questions.
Understand the costs.
Understand the restrictions.
And pay attention to the deadlines in your purchase agreement for reviewing HOA information.
# # 🐾 Harley’s Bottom Line
**Don't fall in love with the house and forget about the HOA.**
You're buying both.
The right HOA can help maintain a community and protect shared amenities.
The wrong fit can leave you frustrated with rules you never expected or expenses you didn't budget for.
Know what you're agreeing to **before you get the keys.**
Thinking about buying?
Stephen will help you ask the right questions, understand the documents you're receiving, and make a more informed decision before you commit.
📞 **360-261-2062**
🌐 **stephenburright.com**
Paws up,
**Harley 🐾**
Stephen Burright and Harley Too