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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
Quiet Living in Conway Plantation- a Community which offers a pool, clubhouse, and many amenities for residents to enjoy. Large 3 Bed/ 2 Bath Home with Two Large Decks, a...
- 3 Beds
- 2 Baths
- 1926207 MLS
Listing courtesy of Carolina Pines Realty , John Ebbert.
Gorgeous updated ocean front unit in great location in Cherry Grove area in N. MYRTLE BEACH near everything. Listen to the ocean in your ocean front master bedroom suite...
- 2 Beds
- 2 Baths
- 1926206 MLS
- The Oceans Bldg.
Listing courtesy of Cine Properties, LLC , Cine Hammett.
Amazing investment! Live in or rent out. Open floor plan, new flooring. Full size kitchen and bath and large living area makes your stay excellent. Enjoy walking out yo...
- 1 Baths
- 1926205 MLS
- Ocean Side Villas Bldg.
Listing courtesy of Realty ONE Group DocksideNorth , Michele Barton.
This stunning all brick home sits on over a half acre that offers everything a growing family needs! 4+ Bedrooms, 3.5 Baths and room to grow! The inviting eat-in kitchen ...
- 4 Beds
- 3 Baths
- 1926204 MLS
Listing courtesy of Omni Real Estate , Kimberly Carr.
SOUTHERN LIVING AT IT'S FINEST!!!!! Impeccably maintained with breathtaking marsh views; this 3 bedroom townhouse in Salt Marsh Cove is undoubtedly the one you've been lo...
- 3 Beds
- 2 Baths
- 1926203 MLS
Listing courtesy of Keller Williams Realty MI PI , Jake Lee.
Vacant Lot. Ready to build your home or get away place. Located less than a mile from Lees Landing and on a cul-de-sac. Grand Strand Water is already on the lot. Electric...
- 1926202 MLS
Listing courtesy of Loretta Realty Group , Cody Cauthen.
This pristine 3 bed 2 bath condo is located in Windsor Green and is only 5 years old! It is a first floor unit located on the end of its building and is also handicap acc...
- 3 Beds
- 2 Baths
- 1926200 MLS
- Windsor Green Bldg.
Listing courtesy of Century 21 The Harrelson Group , K J Jordan Jr.
67 Kingsbury Place - Come see this beautiful raised beach style home in a country setting, but not too far outside the city limits of Georgetown! The home sits on a large...
- 4 Beds
- 3 Baths
- 1926199 MLS
Listing courtesy of RE/MAX Coast & Country , Jill Caines.
Sands Ocean Club Unit 815 is an ocean view efficiency where from your balcony you'll enjoy a wonderful view of the ocean and the coastline. This floor plan features a gal...
- 1 Baths
- 1926198 MLS
- Sands Ocean Club Bldg.
Listing courtesy of Century 21 The Harrelson Group , Christin Maschas.
Welcome to your cottage in Murrells Inlet! This gorgeous move-in ready 3 bedroom 2 bathroom house is nearly perfect and will stun you with its modern and dazzling interio...
- 3 Beds
- 2 Baths
- 1926197 MLS
Listing courtesy of BRG , Jeff Casterline Team.
Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2019 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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