If you’re buying a condo, townhouse, or a single-family home in a planned community, chances are there’s a homeowners association (HOA) — and their rules can seriously impact your lifestyle and long-term plans.
From pet restrictions and rental limitations to rules on exterior paint colors, landscaping, and parking, HOAs have the power to enforce guidelines that affect your day-to-day life. Some even restrict things like installing solar panels or running a home business.
Before you fall in love with a property, make sure to read the HOA documents carefully, including the bylaws, budget, and meeting minutes. It could save you from unexpected fees, fines, or frustrations down the road.
Bottom line: Always know the rules before you commit. Your dream home should come with peace of mind—not surprises.