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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, an 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, the 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 an 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 an 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 to 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 843-236-8600.
Homes with NO HOA
Home is the Toll Brothers Sales Model. It is for sale with a minimum of a 12-month lease back from purchaser once closed and option for monthly afterwards if needed. It...
- 5 Beds
- 3 Baths
- 2214566 MLS
Listing courtesy of Toll Brothers Real Estate Inc. , Trisha Whitaker.
This amazing home must be seen to be fully appreciated. This 4 bedroom 3.5 bath house would be perfect as a primary home or a second home/vacation property with excellent...
- 4 Beds
- 3 Baths
- 2214565 MLS
Listing courtesy of The Litchfield Company RE-MB , Michael Eaglin.
The physical land is approximately one acre with a 672 sq; ft. office and a 910 sq. ft. metal storage building. Square footage is approximate and not guaranteed. Buyers r...
- 2214560 MLS
Listing courtesy of CB Sea Coast Advantage CF , Gary Roberts.
Newly renovated 3 bedroom 2 bath condo in the highly desirable North Ocean Boulevard area of Myrtle Beach. Renovated throughout with stainless steel appliances, new furni...
- 3 Beds
- 2 Baths
- 2214561 MLS
Listing courtesy of BeachConnection Realty , Sam Hughes.
The Westbury is our largest floorplan with four nice size bedrooms. Two primary suites on the first floor and two others on the second floor with a large loft in betwee...
- 4 Beds
- 3 Baths
- 2214562 MLS
Listing courtesy of Carolina One Real Estate-GS , Teri Kaufmann.
One bedroom condo fully furnished with a view of the Intercoastal Waterway. Unit has a king bed in the bedroom, sleeper sofa in the living room, full kitchen, and a wash...
- 1 Beds
- 1 Baths
- 2214559 MLS
Listing courtesy of The Hoffman Group , Tim Harvey Team.
This second floor 2 Bedroom 2 Bath fully remodeled condo in Surfside will certainly check all the boxes. The upgraded millwork, granite countertops, and new flooring thro...
- 2 Beds
- 2 Baths
- 2214557 MLS
Listing courtesy of Shoreline Realty-Conway , Logan Heaps.
Stunning new build home currently under construction in North Myrtle Beach. The Opal 2G plan is a 5-bedroom, 3-full bathroom home with 2,582 heated square feet of living ...
- 5 Beds
- 3 Baths
- 2214558 MLS
Listing courtesy of ChrisManningCommunities Realty , John Jack Chazen.
RARE OPPORTUNITY in the heart of Murrells Inlet for a duplex/single family home setup with no HOA! This 120 foot lot boasts an incredible find where you can live in one s...
- 2214556 MLS
Listing courtesy of Dunes Realty Sales , Kyle Hawley.
The Westbury is our largest floorplan with four nice size bedrooms. Two primary suites on the first floor and two others on the second floor with a large loft in betwee...
- 4 Beds
- 3 Baths
- 2214555 MLS
Listing courtesy of Carolina One Real Estate-GS , Teri Kaufmann.
Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2022 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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