+- Punaweb Forum (http://punaweb.org/forum)
+-- Forum: Punaweb Forums (http://punaweb.org/forum/forumdisplay.php?fid=3)
+--- Forum: Punatalk (http://punaweb.org/forum/forumdisplay.php?fid=10)
+--- Thread: HOAs: fees & benefits (/showthread.php?tid=22072)
Pages:
1
2
RE: HOAs: fees & benefits - ScottEF - 12-16-2020
(12-16-2020, 06:36 PM)Obie Wrote: I'm not sure where you got your info but Seaview and Ainaloa have much lower fees than what you posted.
Looks like Obie gave me my answer here, and I see Ainaloa CA lists their official HOA fee as 170/year, or about 14/mo. Oddly, several Ainaloa houses listed on Zillow all agree in listing the monthly fee as 64/mo, so I'm not sure why they are in agreement about this mistake, but it does appear to be a mistake, maybe just typing 6 where they meant 1, repeated by coincidence? Likewise, one Seaview house I looked at on Zillow gives the HOA as 68/mo, but looking around further I now see several others which agree on 4/mo, which makes much more sense. Again, a puzzle where the 68 comes from then, since if the others are accurate that's more than even the yearly fee would be, though I don't see where to find that on the Seaview CA website. But in any case, the higher figures do seem to be mistakes, and these subdivisions indeed have lower than average HOAs which is what I would expect given the smaller lot sizes.
Many of you expressed concern that I was focusing too much on HOA fees, but again, I was never focusing on them as my main factor, just trying to understand one puzzle which is now resolved. Thank you Obie!
RE: HOAs: fees & benefits - HereOnThePrimalEdge - 12-16-2020
leilanidude said:
I would not make a buying decision based upon the cost of the HOA.
I agree.
It's admirable, ScottEF, that you're thoroughly investigating all aspects of a future real estate purchase. I live in HPP. The association fees are high, and all we get is an occasional roadside mowing and an utterly dysfunctional board. Do I think about it often? No. Mostly when I write the check. Would I move out of HPP because of the inefficiency and the not-my-job-description attitude of nearly everyone I've ever spoken with at the HPPOA office? No.
Find a subdivision you like based on neighbors, lack of crime, and any amenities you find useful. If you find two or three subdivisions that fit the bill, use the HOA fees and effectiveness as a tie breaker.
RE: HOAs: fees & benefits - ScottEF - 12-16-2020
(12-16-2020, 08:09 PM)HereOnThePrimalEdge Wrote: Find a subdivision you like based on neighbors, lack of crime, and any amenities you find useful. If you find two or three subdivisions that fit the bill, use the HOA fees and effectiveness as a tie breaker.
That is essentially the plan, however if the HOAs were really 60+mo, 700/yr, that would have been a more significant factor. Now that I've learned these are mistaken figures (bad zillow!) I can indeed treat this as a very minor issue.
RE: HOAs: fees & benefits - Deckman - 12-16-2020
I agree to check your choice of subdivision carefully. We decided on Hawaiian Shores and Rec because the HOA is very active and does a great job of maintaining the roads, 4 parks, and a swimming pool restricted to members. They also have one of the higher HOA fees at $395 per year. Read the CC&R on the websites to be sure it fits your life style. The biggest factor when choosing property is the neighborhood. Every subdivision has little micro neighborhoods and to find one where everyone gets along is like gold. Remember these lots are small so talk to your neighbors. Good luck with your adventure.
RE: HOAs: fees & benefits - terracore - 12-16-2020
The other thing to remember about HOAs is that they can change at any time, so another reason to take the number with a grain of salt. I believe in OLE they went from $75 to $200 in one year with little change in the services provided. That can be a substantial amount if you wind up owning multiple lots. It depends on the HOA. I believe in Fern Forest they can't increase the HOAs by more than 10% per year. But its been many years since we paid there so my numbers could be off.