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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
This 11th floor ocean view condo located at Ocean Forest Plaza in the desired Golden Mile is perfect for anyone looking to claim their piece of the beach! This unit has h...
- 1 Beds
- 1 Baths
- 2011312 MLS
- Ocean Forest Plaza Bldg.
Listing courtesy of Century 21 The Harrelson Group , Fletcher Sales Team.
-Starbucks Myrtle Beach 2,300 SF Free Standing Building-For Sale- -OFFERED FOR SALE is this 2,300 SF Free Standing Starbucks Building located on US Highway 17 Bypass of...
- 2011311 MLS
Listing courtesy of Keystone Realty MB, LLC , Ryan Earnest.
This Low Country Style, Raised Beach Home is one of a kind! Located in the beautiful Marshfront community of CHARLESTON LANDING, you can see and feel the Southern charm f...
- 4 Beds
- 3 Baths
- 2011310 MLS
Listing courtesy of Blue Strand Properties , Curtis Dukes.
Welcome to Shorewood! Located near Myrtlewood golf course, this charming 2 bedroom, 2 bath condo would make a great investment property or second home. Features include a...
- 2 Beds
- 2 Baths
- 2011309 MLS
- 15 Bldg.
Listing courtesy of Omni Real Estate , Jakob Matics.
As soon as you walk in you will feel at home. This beautiful 3 bed, 2 bath home features an open floor plan and split bedroom layout. The great room has hardwood flooring...
- 3 Beds
- 2 Baths
- 2011308 MLS
Listing courtesy of Watermark Real Estate Group , Ashton Hildebrand.
15A North Seaside Drive known as Family Tradition, is located oceanfront in the Town of Surfside Beach. The home is five bedrooms, four bathrooms, measures 2154 heated sq...
- 5 Beds
- 4 Baths
- 2011307 MLS
Listing courtesy of Dunes Realty Sales , Daniel Sine.
Welcome to Cypress River Plantation, a luxurious Intracoastal Waterway community in Myrtle Beach, South Carolina! Cypress River Plantation is centrally located within mi...
- 4 Beds
- 3 Baths
- 2011305 MLS
Listing courtesy of Omni Real Estate , Jeff Gabriel.
Location, Location, Location! Must see this Wonderful Beach House in the highly sought after Arbor House neighborhood that is a very short walk to the Beach or a short st...
- 4 Beds
- 3 Baths
- 2011304 MLS
Listing courtesy of Weichert REALTORS CF , Destry Looney.
Located in one of the most desirable locations along Cherry Grove Beach, this 24-unit oceanfront building is loaded with recent improvements to give the discriminating bu...
- 2 Beds
- 2 Baths
- 2011303 MLS
Listing courtesy of Keller Williams MB S. Realty , Sue Tanner.
This condo is conveniently located in the heart of Surfside Beach! Completely renovated, this unit is stunning; boasting brand new stainless steel appliances, flooring an...
- 1 Beds
- 1 Baths
- 2011301 MLS
Listing courtesy of Century 21 Stopper &Associates , Robyn "Ashleigh" Davis.
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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