Where Do My HOA Dues Go?
HOAs are becoming more and more common across the US. An HOA handles anything from street cleaning and upkeep, to enforcing aesthetic rules for the neighborhood. The structure and stability provided by an HOA is very beneficial for a residential community. Not only do they keep the common areas clean and tidy, they handle all sorts of different things like maintenance and general upkeep. The work provided by an HOA does come at a price though, every homeowner within the neighborhood has to pay a fee. Which means, if you’ve recently bought a home in a community with an HOA, you’re probably wondering where exactly your HOA dues go.
Why do I have HOA Dues?
To put it simply, your fees work for the overall good of the community. The size of the fee varies depending on the scale of the budget outlined by the HOA property management and the size of the community. What’s included in your fees is entirely dependent on the specifics of your residential area—fees can include anything from garbage collection to maintaining a nearby park or swimming pool. The fees may even seem unnecessary, but community management isn’t cheap! By providing the money needed for all of the things your local association management handles, you’re taking a substantial load off of your own shoulders. The fees often include a variety of amenities, including garbage removal and common-area maintenance. This makes upkeep significantly easier for everyone, while simultaneously increasing the property values of every home in the community. Less upkeep and increased property value? It’s pretty much a win-win.
If you’re interested in being a part of an HOA, looking to start one yourself, or just want to know more about where your dues are going, Elite Management Services can help. Our name is not just a slogan, it’s our staple. We provide elite HOA management services with elite customer service. We offer precision solutions for your HOA needs, from Condominium Management services and Commercial Management services, to maintenance issues and budgeting problems. We work with you every step of the way—you’ll know exactly what you’re paying for and exactly what you’re getting. Your community can rest easy knowing we’ll provide excellent solutions and support with outstanding customer service.
Call EMS today at 513.401.7850 or contact us online for professional and affordable HOA Property Management services!