The pros and cons of an HOA

Every condo buyer hates them, but secretly needs them: the dreaded HOA.

However, they aren't all bad. In fact, they usually help protect your investment...and your sanity.

From arbitrating neighbor disputes, to upkeep on the entire building -- an HOA is actually there to help.

The trick is to get your potential condo's HOA rules in advance so you know what you are buying into. They vary wildly in terms of regulations.

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