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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
Custom built beach house with beautiful ocean views. Two separate family rooms, elevator, and huge gourmet kitchen. Large master bedroom on top floor with large family ro...
- 6 Beds
- 6 Baths
- 2108864 MLS
Listing courtesy of RE/MAX Southern Shores NMB , Terry Parker.
Tired of the ordinary? You found the extraordinary! Fantastic open floor plan features 4 spacious Bedrooms, 3 Full Baths and oversized 3 Car Garage- yes there's room for ...
- 4 Beds
- 3 Baths
- 2108862 MLS
Listing courtesy of BRG MI , Elke Thornton-Husch.
Priced to sale. Perfect size commercial lot for your Business needs. Surrounded on 3 sides by roads. 149 foot frontage on Hwy. 17, 180 ft. on Mica Dr. and 197 ft. on Hibi...
- 2108858 MLS
Listing courtesy of BH & G Elliott Coastal Living , Matt Becker.
Welcome Home!! This charming St. John is a one level home with 3 BR 2 Bath, 1200 heated sq. ft. An open floor plan that features a spacious and comfortable kitchen overl...
- 3 Beds
- 2 Baths
- 2108859 MLS
Listing courtesy of The Beverly Group , Shelley Funck.
This well maintained 4 bed 2 bath won’t last long! The home is located in the city limits of Conway on a cul-de-sac in the Rosehaven community. NO HOA! Newly install...
- 4 Beds
- 2 Baths
- 2108857 MLS
Listing courtesy of RE/MAX Southern Shores-Conway , Melanie Butler.
Located in the gated intercoastal community of Cypress River Plantation this lot over half an acre is ready for you to build your custom dream home. This lot backs on to...
- 2108856 MLS
Listing courtesy of The Litchfield Co.RE-PrinceCrk , Rosie Morais.
Seller is a South Carolina licensed real estate agent. Welcome to 745 Cherry Blossom Drive in the desirable community of Twin Oaks of Murrells Inlet. The Annandale is a g...
- 4 Beds
- 3 Baths
- 2108855 MLS
Listing courtesy of BH & G Elliott Coastal Living , Joanne McPoland.
Please view our 3D tour! Rare property with over 1.25 acres with a large pool that includes a slide and pool house. Parking for 10+ cars including space for an RV. Huge m...
- 5 Beds
- 3 Baths
- 2108854 MLS
Listing courtesy of RE/MAX Southern Shores GC , Douglas Rollins.
Beautiful two-story home on premium lot offers privacy and loads of upgrades. Ground level main floor boasts hardwood floors throughout and lovely woodland views. Located...
- 5 Beds
- 3 Baths
- 2108852 MLS
Listing courtesy of Litchfield Real Estate , Henry Roberts Jr.
Brand new condominium in the Tullamore Lakes complex @ Sun Colony. All units overlook Colonial Charters golf course! The unit offers over 1250 square feet with granite c...
- 2 Beds
- 2 Baths
- 2108853 MLS
Listing courtesy of CB Sea Coast Advantage CF , Christopher Hanna.
Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2021 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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