Posts from June 10th, 2019
Wardley Real Estate Blog
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June
10
10
Las Vegas Neighborhoods: HOA Pros and Cons
ARM, FHA, MLS ... the real estate industry is full of acronyms. If you're in the market for a condo, townhouse, or other Las Vegas homes for sale in certain communities, one acronym you should become familiar with is HOA, or homeowners association.
An HOA is established to manage a community to maintain a consistent standard of living benefiting all residents. Here's a helpful look at the pros and cons of buying a home in a building or neighborhood run by an HOA.
- PRO: Common Area Maintenance
Have you ever seen a neighborhood that seemed to always look messy or shabby? That's never a problem in communities with an HOA, as it's the association's responsibility to ensure the upkeep of lawns, streets, and sidewalks.