Let me explain ๐๐๐
So, you found an amazing home, condo, or townhome but the HOA is $1,200 per month ๐ฑ
Before you decide against this property because of the higher HOA, letโs dig deep to see what it ACTUALLY covers.
If your HOA is $1,000+ but it covers things like
Earthquake or flood insurance
A pool (or multiple pools)
Spa ๐งโโ๏ธ
Community center
Gym
Tennis courts
Roof
Water
Sewer
Garbage
Cable/ Internet
Security (or 24 hour security)
Doorman
Parking
Landscaping
Golf Course
โฆit may actually be worth it โจ
If your HOA includes a mix of any of the above it may be cheaper in some cases to pay the monthly fee since you will probably pay the same for a pool, gym, water, and garbage anyway ๐คทโโ๏ธ
#hoa #condo #bayarea #bayarearealestate #bayarearealtor
Would you pay over $1,000 per month for a
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