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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
This home will be completed February 2022. Large lot, No HOA! Located off hwy 9 in Loris, less than 30 minutes to the beach. This home features luxury vinyl plank floo...
- 3 Beds
- 2 Baths
- 2201585 MLS
Listing courtesy of Palmetto Coastal Homes , Dave Pursley.
This home will be completed February 2022. Large lot, No HOA! Located off hwy 9 in Loris, less than 30 minutes to the beach. This home features luxury vinyl plank floo...
- 3 Beds
- 2 Baths
- 2201584 MLS
Listing courtesy of Palmetto Coastal Homes , Dave Pursley.
Beautiful one bedroom one bathroom direct oceanfront condo in Caravelle Resort on the 10th floor. This condo comes with an updated kitchen that has granite countertops an...
- 1 Beds
- 1 Baths
- 2201583 MLS
- Caravelle Resort Bldg.
Listing courtesy of Century 21 Stopper &Associates , Colby Stopper.
Look at this luxurious totally remodeled unit. Every detail was taken into consideration! Open Floor Plan Kitchen with Granite Countertops, New Cabinets & White Appliance...
- 2 Beds
- 2 Baths
- 2201582 MLS
- B Bldg.
Listing courtesy of Century 21 Coastal Lifestyles , Deolinda Shemanski.
Holiday Sands Resort, 2 bedroom, 2 bath, Direct Oceanfront unit on the 3rd floor. Great amenities that include - Two outdoor pools, Two indoor pools, lazy river, hot tubs...
- 2 Beds
- 2 Baths
- 2201581 MLS
- Holiday Sands Bldg.
Listing courtesy of CENTURY 21 Boling & Associates , Shaun Milligan.
Graciousness and spaciousness in one home! With almost 5000SF of carefully maintained living space on 3 levels, this 2nd row raised home is updated, well-appointed and is...
- 6 Beds
- 6 Baths
- 2201580 MLS
Listing courtesy of Callaway Estates , Connor Callaway.
Amazing opportunity in North Myrtle Beach! Located in the Pinewood Acres section east of the ICW resting on just under a quarter acre you'll discover this amazingly redon...
- 4 Beds
- 3 Baths
- 2201579 MLS
Listing courtesy of Brand Name Real Estate , Brian Yager.
This property is located inside the city limits of Loris, SC and is currently zoned to allow for the development of townhomes or apartment style living located just a sho...
- 2201577 MLS
Listing courtesy of BHHS Myrtle Beach Real Estate , The Mikey Mash Pro Team.
If you are looking for your beach get-away or next vacation rental you found it! This 3 bedroom 2 bath townhouse is located at Fairway Oaks in the heart of Cherry Grove! ...
- 3 Beds
- 2 Baths
- 2201576 MLS
Listing courtesy of BH & G Elliott Coastal Living , Amy Maxwell.
Beautiful 3br/2ba with a 2 car garage located in Country Manor Estate. This two year old single level home features an open floorplan, granite countertops in the kitchen...
- 3 Beds
- 2 Baths
- 2201575 MLS
Listing courtesy of The Lighthouse Group, LLC , Georgia Bellamy.
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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