House hunting is exciting—but it can also be overwhelming, especially when you're considering homes located within a Homeowners Association (HOA). With millions of homes governed by HOAs, it’s essential to understand the additional layer of rules, fees, and responsibilities that come with them.
So how do you find a home—and an HOA—that’s the right fit for your lifestyle?
Here are key steps to take, along with a powerful tool that can make the process smoother and smarter.
Before you fall in love with a home, take time to review the HOA’s:
These documents spell out what you can (and can’t) do in the community—from paint colors to parking rules to short-term rentals. If the rules don’t match your lifestyle, it’s better to know up front.
Not all HOAs are created equal. Some are well-run with strong financial reserves—others may struggle to cover basic maintenance.
Ask for:
A poorly funded HOA can lead to surprise costs, deferred maintenance, or even declining property values.
Pick HOA’s with amenities that match your lifestyle. Are the common areas clean and well-maintained?
Look into:
You want an HOA that takes good care of the neighborhood.
HOA dues vary widely—some are $25/month, others are $500 or more. Ask:
Understanding the true cost of living in the HOA will help you plan your budget—and avoid unpleasant surprises later.
Feeling overwhelmed? You’re not alone. That’s why it’s smart to work with a real estate agent who’s a Certified HOA Specialist—someone trained to help buyers navigate HOA communities with confidence.
Smart buyers (and smart agents) use the HOA Summary-The REX Report—a powerful tool that delivers everything you need to know about an HOA in one easy-to-read web-based report.
Here’s what you get:
HOA Fees and Charges
Understand exactly what you’ll pay—including monthly dues, closing fees, and any surprise assessments.
Living Restrictions
Know the rules for:
Loan-Friendly (or Not?)
If you're buying a condo, the report highlights key warrantability criteria that could impact your mortgage approval.
Always Up-to-Date
The report is live and web-based, so you’ll always get the most current data available.
Whether you're a first-time buyer or seasoned homeowner, this report helps you:
You deserve to know exactly what you’re signing up for.
What’s Included in the Report?
Choosing the right home means choosing the right community. With the right guidance—and the right tools—you can confidently find the perfect HOA that fits your lifestyle, your values, and your budget.