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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
Located in the heart of Little River, this 2 bdr. 2 bath, 2nd floor condo is located on the lakefront of The Gardens at Cypress Bay. This beautifully furnished condo incl...
- 2 Beds
- 2 Baths
- 2004225 MLS
- 20 Bldg.
Listing courtesy of Harker Realty, LLC , George Role.
Amazing views from this end unit in the prestigious Grand Atlantic Resort. Unit boosts glass shower doors in 2 of the baths, tile floors in all the wet areas and living r...
- 4 Beds
- 3 Baths
- 2004224 MLS
- Grand Atlantic Bldg.
Listing courtesy of RE/MAX Southern Shores , Eric Emond.
Welcome to Pawleys Cove, a quaint community nestled in the town of Pawleys Island, a famous seaside island known for it's carefree, laid back lifestyle with a rich histor...
- 3 Beds
- 2 Baths
- 2004223 MLS
Listing courtesy of Realstar Homes , Danette Smith.
This 5 bedroom 2 1/2 bath home located in Avalon at Carolina Forest has plenty of room for your family. This home offers a first floor master bedroom with a walk in close...
- 5 Beds
- 2 Baths
- 2004222 MLS
Listing courtesy of Keller Williams MB S. Realty , Right Find Homes Team.
Unique Market Common town home! This 2 bed, 2.5 bath townhouse is the only model of its kind currently available. The inside and outside of this property are equally as a...
- 2 Beds
- 2 Baths
- 2004220 MLS
Listing courtesy of BHHS Myrtle Beach Real Estate , The Davis Team.
This highly desirable two bedroom, two bathroom condo is located on the golf course in the World Tour community. You are invited by wonderful views from the living area a...
- 2 Beds
- 2 Baths
- 2004218 MLS
Listing courtesy of Century 21 Stopper &Associates , Victor Duval.
One of a kind, full of old world charm, with contemporary updatesincluding TANKLESS HOT WATER! Located just down the street from Pizzelli's Italian Restaurant in Little R...
- 3 Beds
- 2 Baths
- 2004217 MLS
Listing courtesy of Realty ONE Group DocksideNorth , Patti Kielty.
Exceptional, like-new upscale home in the prestigious Cypress River Plantation on the south side of Myrtle Beach. Gorgeous interiors for the discriminating buyer - open f...
- 5 Beds
- 4 Baths
- 2004216 MLS
Listing courtesy of Keller Williams Realty MI PI , Dannie "Dan" Kingsmore.
Location! Location! Price! Price! This 3 Bedroom 2 bath second floor unit located in the Seafood Capital of SC is priced to sell! Huge living room with Vaulted ceilings w...
- 3 Beds
- 2 Baths
- 2004215 MLS
- 132 Bldg.
Listing courtesy of Weichert Realtors SB , Dave Turner.
Gorgeous, immaculate all brick home with awesome upgrades and a fabulous resort like back yard in highly sought after Plantation Point. Want a big kitchen for entertainin...
- 4 Beds
- 4 Baths
- 2004214 MLS
Listing courtesy of RE/MAX Southern Shores , Ashley Harper.
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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