In this week’s video, I break down the pros and cons of buying a home with a Home Owners Association, or HOA. Sometimes they have a bad rep for their strict rules and regulations, however most of the time people don’t understand why they do so and if it is any good for them.
My name is Javier Vidana, a licensed Real Estate Agent with My Home Group in Phoenix, Arizona. I was put on this earth to help you realize accomplishing your home goals is easier than you think!
PHONE: 480-702-1280 (yes it is really me and I am not too busy to help you!)
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39 thoughts on “PROS & CONS of Buying A Home With a HOA (First Time Home Buyers)”
Wow! So surreal to watch this almost 2 years later. 100 subscribers seems so trivial and I had NO IDEA it would keep growing. Thank you all. Also noticing a lot of people like to come to this video to trash HOAs, perhaps it needs a follow up video? 🤔
It's all cons. There are no pros
Do I HAVE a choice to join the HOA?
HOAs are a poor excuse to scam your money, I don't need nobody to see if my home value will stay increased, they're a crock of shit.
Cons are they take your money and don't do shit
Fuck the hoa
Hoa has no benefit
I agree, older homes had character, I'm not an artist but homes in the 80s look more attractive than homes today. No artistry from current home builders today.
Fuck a HOA, it’s a Scam! People fining you for stupid shit! Rule and regulations…WTF??? I’m I 10 years old??? Ctfu! Loser!
I dont want hoa
We are already stripped of plenty of freedom. Why the hell do people pay too much for a little piece of land, with an over-priced house, and regulations that make you hate life? Only have one life. Stay in the country or at least the outskirts where the fog hasn't reached yet. People will complain out of pure jealousy if your yard looks better, maybe your fence is too pretty, (I always wanted a boat but can't afford it. That bastard has no right to park his boat in his driveway.)
Disgusting stuff. Who the hell would want to live their life like that?
Thanks for the poke-a-dot door idea.
Thank you for the very informative video.
Just to be clear these HOAs you are referring to are for detached single family homes, not attached townhouses/condos, correct? I am looking at several townhouse/condominium neighborhoods here in Virginia, and for what I get in return I'll gladly pay the $166/mth. Can you make a video on owner run vs corporate run HOAs?
Hey brother i got a house in Laveen, Az i was wondering if HOA would let me build a another room or two? In my house? I honestly dont wanna call them they take too long and im impatient lol so if you got any info on it lmk please and thank you.
Please remove the background music, the essence of your video diminishes it. Phil Pusteyovski and Clayton Morris has a very clear video without music.
@Javier Vidana I have a question… How does someone go about getting their house OUT of an HoA? Are there legal remedies that a homeowner can take to gain full control overe the property taht they legally own?
Please add another video about HOA’s fees in a condominium and/or coop, thanks Javier for your great work.
No HOA for me!!!
The only pro i got from HOA is that they keep the value of the property
But in the long run you're still losing money because you still have your taxes , your bill ect.. and on top of that you have pay the hoa how is this a good investment?
To buy a condo here in cali the HOA goes up to 600 dlls a month…
I found a house that I like but the HOA is $131. a month… I found this video helpful. I have been watching a lot of your videos. 👍
Another con is that HOA might make the house harder to re-sell since most buyers wouldn't want to pay the HOA fees.
Javier, I'm not sure why you would say you have no idea where the HOA fees go/what they pay for. What assessments cover is completely transparent. Just have to ask. Also there are the financial docs that are completely accessible.
My HOA does nothing except collect quarterly fees. Our neighbors have broken mirrors, wood covered with tarps. Weeds are 5 ft high. I have been complaining for 18 months & they just keep saying it's on their radar. Don't – I repeat, don't buy in HOA community.
No pros for HOA
Fuck HOA 👎👎👎👎👎👎👎👎👎
How about HOA that costs 3500 per month in manhattan
Fuck i hate HOA im so fucking mad
LOL we have a home that has 4 cars in the drive, 3 in the street, and one parked in the front lawn. No joke. Car parked in the front lawn.
No pros in buying a home in a HOA community
Maybe do a video on whether you can tell if a home should be a good investment or not?
Yes, and in these days HOA are not even accepting certain flags, which I think they should establish it to any clients before negotiations or at least address it in the closing. In my opinion, I think is discrimination.
Bruh if they paint their house any color idc Its there HOUSE!
Honestly at least HOA is watched. So you don't have trash like la. And other areas.
This video and the comment section is so good
HOA no way I’m not gonna deal with that BS
Is it true that hoa homes can't be rented?
HOA's are a "deal breaker" for me as a FTHB in preparation. Who wants an ass…er I mean an association telling you how to conduct yourself in and around your home? Apartment renters have more freedom than that! Plus, you forgot one important one…you are not allowed to rent out your HOA property once you move to another property! That's the whole point of buying a "starter home" before you move up in the real estate investment game! Hellllll Nawwww! lol!