Homeowners Association fees, or HOA fees, are a common part of living in condos, townhomes, and many planned communities. But what do they really cover, and why do they matter? In this week’s Two-Minute Tuesday, I break down HOA fees in plain English, showing you what your money goes toward, how fees vary, and what you should know before buying a home in an HOA community.
You’ll learn:
- What HOA fees typically cover, from landscaping to amenities
- How fees can impact your budget and property value
- The pros and cons of living in a community with an HOA
- Tips for first-time buyers to avoid surprises
Whether you’re buying your first home, thinking about moving, or just curious about real estate, this video gives practical insights so you can make informed decisions about HOA communities.
Timestamps :
0:00 – HOA Fees Shock Stats
0:36 – What Are HOA Fees
1:10 – What Fees Pay For
1:38 – Condo vs Neighborhood HOAs
1:55 – Why Costs Vary
2:32 – Pros vs Cons
3:07 – First-Time Buyer Tips
3:33 – Lifestyle & Value Impact
3:48 – Final Thoughts
#hoafees #homeownersassociation #realestateeducation #homebuyingadvice #firsttimehomebuyer
Alex Schult CA DRE License # 02236174 KW Spectrum Properties
📲 Text: 949-726-2601
📧 Email: aschult@kw.com
More Quick Tips from Two-Minute Tuesday:
What Does "PENDING" Mean? :
https://youtu.be/oznsD1DXFRA
What Is a Reverse Mortgage? :
https://youtu.be/3H_4_JZPDcg
DISCLAIMER:
This video content is intended for informational, educational, and entertainment purposes only. Neither Living in California nor Alex Schult is a registered financial advisor, attorney, or tax professional. While we have taken reasonable steps to ensure the accuracy of the information presented in this video, we cannot guarantee that it is free from errors or omissions. Any reliance you place on the information provided is strictly at your own risk. Additionally, your use of the Living in California YouTube channel and any communication through this platform, including but not limited to YouTube comments, emails, or messages, does not establish a formal business relationship with Alex Schult or Living in California. For specific advice related to your real estate, financial, or legal needs, we recommend consulting with a licensed professional in the relevant field.
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What are HOA Fees?