03-03-2011 12:24 AM
I have a question about HOA dues in Houston , Here in California there is no HOA for SIngle Family homes, only when you live in a community of town houses or a condo u need to pay HOA , and it covers some insurance and part of building and community ( like pool or BBQ;s , .... ) Maintenance ,
Can anyone tell me why single family homes in Houston has HOA and what they cover !
03-03-2011 06:22 AM
03-03-2011 06:11 PM - last edited on 03-17-2011 03:10 PM by CMcConnell
Kristen is absolutely right.
Just about all communities here have Homeowner's Associations and typically collect their dues annually. These dues (unless collected monthly) are not a part of your mortgage payment, if financing, but are usually a separate bill sent at the end or beginning of the year.
Fees from what I've seen range from about $200-$1,100/year on average depending on the community and usually relative to the price range.
You can avoid the homeowner's dues by purchasing unrestricted properties (usually a bit more out of town) but as with any purchase should way the benefits and challenges. Typically homes in restricted communities retain value better than unrestricted.
Hope this helps and let us know if you have any more questions!
03-12-2011 06:05 PM
I understand what the HOA fees are for, but why should a HOA have the right to foreclose on a person's home for paying the fees. I can understand maybe a judgement, but not a foreclosure. Do these fees hold any position on the mortgage at all? I'm trying to understand the right that it has to place a foreclosure. Thanks
03-21-2011 09:59 AM
Yes, in Texas, first of all, the dues quoted are "annual", whereas in many states, the price quoted is "monthly".
The fees for the Home Owners Association normally cover upkeep of the neighborhoord including landscaping.
Also normally includes garbage pick up and perhaps cable connection& swimming pool maintenance.
Annual dues can range from $250 to $900 per year, depending on the facilities and quality of the area. For
specifics on a home of interest, best to ask your Zip agent to check on it for you.
06-23-2011 04:42 PM
I can relate to what your saying also because, I came from a city that doesn't have dues like this soooo wide spread close to the city! What i don't like is some poeple saying that the houses, condos, or duplexes hold value better then the unrestricted single family homes outside the city limits! How is that so when you find urself next to a few neighbors that don"t care how they live or their yard looks and dares you to tell them something about it! Safety, what safety! The gates don't mean nothing if someone wants to just evade the whole neighborhood! I'll just stick to the basic property taxes at the end of the yard and no risk paying for something that you can"t always rely on. Hope you find what works for you because, HOA doesn't work for me!
06-28-2011 04:23 PM
What I'm confused with is that Texas is a foreclosure explosion...and there are HOA's everywhere yet the homes appear to be in disrepair. So what does the HOA really do but set up regulations, restrictions and alienation. I suppose the ultimate purpose is to take money and impose their will while really doing nothing. I'm continually reminded of Bentley Little's book, "The Association" which is a wonderful Horror novel