These laws are meant to keep condo and HOA properties safe and well-maintained. Being aware of the changes will help you prepare for anything that might come up.
In general, homeowners should budget 1% to 4% of their home's value in annual maintenance costs. This range can vary depending on several factors, such as the age and size of the home, the type of property, and the climate in your area.
Special assessments are additional fees that condo owners must pay to cover expenses, repairs, or upgrades that are not covered by the regular condo/maintenance fees.
There’s no denying mortgage rates are having a big impact on today’s housing market. And that may leave you with some questions about whether it still makes sense to sell your house and make a move.
As a homeowner, it's important to understand the types of insurance you need to protect your investment. While some insurance policies may be optional, others are mandatory or strongly recommended.