HOAs: fees & benefits

[terracore]

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.