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What is an HOA or POA?
A homeowners association (HOA) is an organization in a subdivision, planned community or condominium that makes and enforces rules for the properties within its jurisdiction. Those who purchase property within an HOA's jurisdiction automatically become members and are required to pay dues, known as HOA fees. These fees usually help to maintain common areas and amenities such as pools and clubhouses. To summarize, a HOA helps to ensure that your community looks its best and functions smoothly.
Some HOA’s take care of more while others take care of less. What the HOA covers will impact the price of the HOA, which can range from $5 a month to over $1000 a month in the Grand Strand Area, all depending on what your community, condo has to offer.
The difference with a POA is that it is not limited to the type of building or property owner that it governs. Whereas a HOA is about a community of the same type of properties, a POA is usually a mix of property types, including single family residences and businesses. POA's are different from an HOA in that they represent more than just the homeowners.
What you should do if the property you are buying is located in a HOA/POA Community:
1. Request a copy of the HOA/POA Rules & Regulations from your Realtor.
2. Ask your Realtor what fees are associated with the HOA/POA and if these fees are likely increase annually.
3. Ask your Realtor to make sure the Reserve Fund is adequate.
4. Ask your Realtor to find out what amenities the HOA/POA covers.
If you want more information on HOA’s and POA’s, call Brandon Bodie, Realtor at (843) 685 2498 or by email Brandon@SCRealEstateNetwork.com
Homes with NO HOA
Enjoy the wonderful views of the Grand Strand and the beautiful Atlantic Ocean from throughout this 2-bedroom/2-bath condo in the A Building of Myrtle Beach Resort. Not o...
- 2 Beds
- 2 Baths
- 2101081 MLS
- A Building Bldg.
Listing courtesy of RE/MAX Southern Shores GC , Bruce Brown.
Beautiful Palace II Plan in The New Woodland Lakes Community in The City of Conway, SC. Woodland Lakes is a Natural Gas Community located in Conway, South Conway just min...
- 3 Beds
- 2 Baths
- 2101080 MLS
Listing courtesy of The Beverly Group , Charles "Skip" Carrick Jr.
Located on one of the largest, most private lots in the well sought after Ocean Hill subdivision. This home backs up to the wetlands and offers a quiet tranquil setting ...
- 3 Beds
- 3 Baths
- 2101078 MLS
Listing courtesy of Realty ONE Group DocksideNorth , Sue Tanner.
Great first floor end unit! 2 bedroom condo in a great location! Centrally located just Minutes to the Marshwalk, shopping and beach! Wood laminate floors throughout, Imm...
- 2 Beds
- 1 Baths
- 2101076 MLS
Listing courtesy of Palmetto Coastal Homes , Jamie D'Anna.
Welcome to this spacious 2BR/2.5BA two story townhome in one of Myrtle Beach’s most desired communities, Orchards at The Farm at Carolina Forest. The Farm offers amazing ...
- 2 Beds
- 2 Baths
- 2101075 MLS
Listing courtesy of Benham Real Estate Group MB , Denise Thompson.
Cream of the crop....this pristine 4 bedroom condo stands out! check out the mazing views from this upgraded end unit in the prestigious Grand Atlantic Resort. This co...
- 4 Beds
- 3 Baths
- 2101074 MLS
- Grand Atlantic Bldg.
Listing courtesy of RE/MAX Southern Shores NMB , Scott Ellis & Ty Bellamy Team.
Cream of the crop....this pristine 4 bedroom condo stands out! check out the mazing views from this upgraded end unit in the prestigious Grand Atlantic Resort. This co...
- 4 Beds
- 3 Baths
- 2101073 MLS
- Grand Atlantic Bldg.
Listing courtesy of RE/MAX Southern Shores NMB , Scott Ellis & Ty Bellamy Team.
SPECTACULAR UNIT JUST STEPS TO THE BEACH- THIS IS A RARE OPPORTUNITY TO OWN YOUR ON PIECE OF HEAVEN- TOTALLY RENOVATED KITCHEN WITH QUARTZ COUNTER TOPS STAINLESS STEAL AP...
- 1 Beds
- 1 Baths
- 2101072 MLS
- Ocean Dunes Tower Ii Bldg.
Listing courtesy of Realty ONE Group Dockside , Sharon Dean.
Fantastic opportunity to own this true 1 bedroom, 1 bath condo in the highly desirable Carolinian Beach Resort. This unit features wall to wall and floor to ceiling windo...
- 1 Beds
- 1 Baths
- 2101071 MLS
Listing courtesy of RE/MAX Southern Shores , Mike Fiebernitz & Associates.
Great opportunity to own a rental property approximately 3 blocks to the beach and has a glimpse of the ocean from the top floor balconies. This huge duplex features a t...
- 2101070 MLS
Listing courtesy of BH & G Elliott Coastal Living , Ron Jackson.
Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2021 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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