How often are Home Owners fee's due?

[icebrat001]

Is it monthly?
Bi-monthly?
Yearly?
Does it vary?
What does your HOA fees cover?

Thanks a bunch!

 

[GillieRose]

Are HOA fees are due once a year...For are development it's covers the landscaping, walking trails, the lakes, the club house and pool area.

 

[tar heel]

We're billed quarterly. Our fees mainly cover maintenance of the entrance to the neighborhood, the pool and the tennis courts. When our city announced that it was installing street lights and that they would be the big, ugly utility pole ones, our HOA bought Williamsburg-style ones instead. Our dues also pay the fee for the company that runs the HOA.

We have lived in our house almost nine years and our HOA dues have not increased -- truly amazing.

 

[LoraJ]

Probably depends on the HoA, where I used to live, it was monthly (I didn't pay it since I was a renter). I'm in a condo now and our fees are also due monthly.

 

[disykat]

Ours are only $30 a year. We just pay for the electricity for the street light at the entrance and upkeep for the entry area. We occasionally do projects like mailbox replacement, etc.

 

[icebrat001]

Thanks everyone, I was looking at a place online through MLS and it said it was $300, I was hoping that wasn't a monthly thing. Sounds like it isn't.

 

[MagicKingdom05]

I own a condo and mine is montly.

 

[ceiligh1]

It will state in the CCR's if it is monthly or not. Some locations have theirs posted online so goole it to see if yours does. Our is every qtr to cover landscaping, pools, parks, underground electricity ect. Shop around to get an idea if it is high or not. Our last place had the same dues but did not have the benifits multiple parks, pools ect. It will help you decide if it is worth it.

 

[paigevz]

Ours are "semi-annually"..........twice a year. It covers maintenance and use of both pools, maintenance of common areas, enforcement of mandates.......I believe they also send something over to our subdivision's elementary school.

Edited to say, I forgot the parties and barbecues........usually about one a season with bounce houses, door prizes, food and drink, and a dj.

 

[Brianne]

Ours are $270/year, and doesn't seem to cover much other than the community grass areas, etc. I hate, hate, HATE the fact that they're due in January. Give me monthly or quarterly, but that's a big chunk of change right after Christmas!

 

[LadyyRedd]

I have a condo instead of a house. (Though my place is really a townhouse, it's classified as a condo). Mine are $132 due monthly and mine cover ground maintenance, snow removal, trash removal, sewage, community maintenance, water (yes, water!) and fire & hazard insurance.

Kimya

 

[RadioNate]

We are covered by 2 HOAs and our pool fee. The pool fee is yearly and the 2 HOA fees are quarterly. We pay a fortune, roughly $80 a month and like I said in the other post I'm not sure it is worth it. We are a gated, guarded community, will full time security patrols and community pool (staffed with lifeguards), playgrounds and other common areas that need up keep (walking trails/greebelt)

 

[Feralpeg]

We can pay once a year or quarterly.

 

[ducklite]

I live in a gated community with a pool, club house, health club, tennis counrts, basketball court, tot lot, and more, plus a golf course (seperate and optional). We have two HOA's and the club. Total dues are about $175 a month, and payable monthly.

Anne

 

[Rock'n Robin]

I live in a suburban subdivision and pay $35 a year to keep 5 cul-de-sac circles mowed! Seriously, I don't see one other thing we get out of it. The area behind my privacy fence, however, is my own responsibility to mow. Go figure. I'd double my payment if they'd take care of that strip of land for the 7 houses affected.
My SIL in Cary, NC pays that amount each month, but they have a pool and a nice park area in the huge subdivision she is in.
Robin M.

 

[ilovepcot]

DH and I looked at a condo (planned to scale down in size) 3 years ago and the *monthly* fees were $400! Yes, you read correctly....$400! Seems the condos all needed new roofs and the cost was added to the regular monthly fee of $250. Forget now how many years this added fee was to continue. I imagine many of the condos for sell in that community became rental property as no one in their right mind wanted new mortgage payments with a fee of $400 on top of it.

 

[thinkerbell]

We live in a townhome and our dues are monthly. We pay $115 which covers lawn care, insurance for the outside of our house, electricity for lighting, and reserves for roof maintenance and other maintenance issues.

 

[dvcgirl]

$1,200 a year here. We have no community pool. But we are security patroled....which is a joke. Our guy is here Monday through Friday 9-5...not exactly when all of the criminals are out . We pay quarterly. Overall, the HOAs are overpriced IMO. Some of the older subdivisions in Orlando still operate with HOAs and it's obvious from looking at the homes that nothing is enforced. Gated (without 24 hour security) is also a joke. People tailgate into neighborhoods *all* the time. Every pizza delivery guy has the codes anyway. And very often the gates are broken.

 

[Beth76]

Ours are $150 a year--paid once a year. And it doesn't cover much. Essentially, just landscaping near the front entrance. We don't have any amenities such as a pool or tennis courts.

 

[Reflection]

I have two different homeowners fees:

One is the HOA, which is annual. Last year, the fee was $435 and covers the upkeep the of the pools/tennis courts in the town, walking paths, etc. This fee increases each year.

The other is the cluster fee for the development I live in. This fee is quarterly--$210/quarter or $840 for the year and covers the cost of trash removal, snow removal, and landscaping . This fee increases each year. When I first moved to this development, the cluster fee was $150/quarter.