You have a good chance of encountering an HOA property while house-hunting: Statistics show that homeowners associations (or HOAs) govern nearly 60% of recently built single-family homes — and 80% of houses in new subdivisions.
HOAs can seem nitpicky when they pop up in the news, such as when a Texas HOA clashed with an Army sergeant in May over how and when he displayed an American flag in the yard.
They also prove ripe for satire, such as when the paranormal investigators on the TV show The X-Files found a life-threatening reason behind one planned community’s covenants, codes, and restrictions (CCRs): a storm-drain monster attacked anyone who didn’t follow the rules.
Let’s sort through the noise (at a reasonable volume) of HOA pros and cons to decide if this type of community is right for you.
How to decide whether an HOA is right for you? Read the fine print

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