So, what is an HOA and what are they all about? What do you need to know?
Boise Idaho's shrinking home inventory has prompted many to turn to new construction, and with budding neighborhoods come budding Homeowners Associations, organizations in a planned community or subdivision that create and enforce rules for all the homes and properties within their jurisdiction. What can you expect from these HOAs?Â
A Homeowners Association is a board that manages what is typically (but not always) a group of condominiums, townhouses or newly constructed neighborhoods. These associations are meant to both improve the quality of life for residents as well as maintain high property values. This is managed through a series of fees that the association uses to pay…