12-16-2020, 01:41 PM
Hi, my wife and I are considering a move to Puna, and noticed that while most subdivisions have rather modest HOA fees from $10-30/month, at least two--Ainaloa and Seaview--are much higher, in the $60/month range. This is surprising because those subdivisions have smaller lots, and appear to be more filled in, so I would think the road expense per household would be smaller than in larger, less filled-in subdivisions. Of course, it is possible that some roads in the latter are fully paved while the former are thoroughly paved. But are there other factors I'm not thinking of which might explain this differential cost? Do the more expensive HOAs provide more or better services of other kinds (e.g., parks) with these fees?
I don't mind paying more if you get something for it, and frankly am a bit afraid of the cheaper HOAs and the looks of their "roads." I also just had to strike one gorgeous home off our list because it was on a private road with no HOA at all, and without a written document saying who takes care of the private road it was ineligible for a mortgage. But it's unclear to me exactly what the more expensive HOAs provide with their fees so I just want to be better informed.
I don't mind paying more if you get something for it, and frankly am a bit afraid of the cheaper HOAs and the looks of their "roads." I also just had to strike one gorgeous home off our list because it was on a private road with no HOA at all, and without a written document saying who takes care of the private road it was ineligible for a mortgage. But it's unclear to me exactly what the more expensive HOAs provide with their fees so I just want to be better informed.