Are you tired of all the monthly expenses related to being a homeowner? Maybe it would be a good idea to sell your Rockford home to local homebuyers, like us, and move into a smaller place.
Homeowner Association (HOA) fees vary from place to place. It all depends on what is included in your HOA and what location you live in. The average is usually between $100 and $1000 per month. Of course, if you live in a fancy neighborhood and have a lot of amenities such as gym, pool, and other stuff, your HOA will be higher.
No matter where you live and what your HOA is there are always things that can be done to lower your monthly payment.
For Example:
Regularly ask to see the budget. As a homeowner you have a right to review the HOA budget, and see what they spend money on. Always ask questions if something does not seem right.
Also, it would be a good idea to join the HOA Board. By doing so you would be able to go to the meetings and stay on top of all the upcoming projects and be able to control where and how much money they spend.
Sometimes it is just that the HOA has hired too expensive contractors. Maybe you know someone, or are willing to find someone less expensive.
Another large part of HOA is the management company. Discuss with the board how much they pay to the management. Maybe it would be a good idea to negotiate or find someone less expensive.
Hope this helps lower your HOA payments!
Also, if you want to sell your Rockford house give us a call at (847) 242 2212. We buy As-Is, for cash and we close fast. You don’t have to worry about paying any of the closing costs.