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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
Great 2 BR, 2 BA third floor condo located at The Gardens at Cypress Bay. The kitchen breakfast bar adjoins the dining and living areas w/ vaulted ceilings and a Carolina...
- 2 Beds
- 2 Baths
- 2016481 MLS
Listing courtesy of BradHein.com , Janine Benjamin-Kuehl.
IMMACULATE HOME!!! As soon as you step inside this beautiful home, the first thing you will notice is how well-maintained and gently lived in it is. This "Aria B" model ...
- 3 Beds
- 2 Baths
- 2016480 MLS
Listing courtesy of Weichert Realtors Southern Coast , Jackie Edwards.
STUNNING 5 bedroom with 3 1/2 bath home located in the prestigious community of The Retreat at Barefoot Village! This exquisite home was only used as a vacation home and ...
- 5 Beds
- 3 Baths
- 2016479 MLS
Listing courtesy of BRG MI , Darren Woodard Team.
Location, Location, Location! Premium Murrells Inlet living in the convenient & fast-selling Twin Oaks community! 705 Cherry Blossom Dr is a gently lived in, modern, spa...
- 4 Beds
- 3 Baths
- 2016478 MLS
Listing courtesy of eXp Realty LLC , Mary Pat Ibbetson.
This beautiful and spacious 3 bedroom/2 bath home is the one you've been waiting for in the highly desirable Forestbrook area of Myrtle Beach. Need extra space? This home...
- 3 Beds
- 2 Baths
- 2016477 MLS
Listing courtesy of Exit Coastal Real Estate Pros , Todd Cartner.
A great condo literally steps to the beach. Has all appliances: range/oven, refrigerator, dishwasher, washer/dryer, microwave, etc. Recently remodeled with LifeProof Lu...
- 1 Beds
- 1 Baths
- 2016476 MLS
- Lamirage Bldg.
Listing courtesy of Darrell Odum Realty & Appraisa , Darrell Odum.
Wow! Absolutely beautiful 3 bedroom 2 bath home just waiting for you and your family. Split bedroom plan with exceptionally large master bedroom with walk in closet. Mast...
- 3 Beds
- 2 Baths
- 2016475 MLS
Listing courtesy of Sea Oats Real Estate , Sharon Newman.
Come see this gorgeous home with TRANSFERABLE GOLF MEMBERSHIP in Longbridge located inside premier Barefoot Resort. From the moment you step into this home you will not w...
- 3 Beds
- 2 Baths
- 2016474 MLS
Listing courtesy of CB Sea Coast Advantage NMB , George Mullaney.
Welcome home to Heather Lakes. You really must see! This 3 brdm 2 bath home has been completely remodeled. Vaulted ceilings, modern colors, eat in kitchen, shiplap, led ...
- 3 Beds
- 2 Baths
- 2016473 MLS
Listing courtesy of Phillips Realty , Jacqueline Maas.
This beautiful condo with an amazing floor plan is located in the Gated Golf community of Arrowhead Pointe. The second floor unit opens directly into the kitchen, dining,...
- 3 Beds
- 2 Baths
- 2016472 MLS
Listing courtesy of RE/MAX Southern Shores , Ashley DeLong.
Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2020 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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