Financial Freedom Report

The HOA (Homeowners Association) is considered a non-profit entity organized to maintain the integrity and value of a particular community, not to mention their collection to monthly or annual dues. However the primary purpose of this organization is to comfort their community by addressing all matters and making adjustments to resident concerns. Most likely an HOA neighborhood requires membership for all homeowners, without the choice to decline these services or payments. However, not all investors or tenants view HOA as a good idea, therefore we came up with a list of a few pros and cons of HOA to let you decide what’s more important to your investment and residence. Pros: Services - Many HOAs provide services to community members, such as lawn care, street sweeping and trash pick-up. These are all jobs you won’t have to consider hiring a third party to do or find time to do yourself. Maintenance - HOAs are in control of maintaining all common areas within the neighborhood, including lawns, tennis court