Changes in Homeowners Association Guidelines May Benefit Buyers
Feuds between homeowners and homeowners associations have escalated to painful levels. Homeowners have faced severe fines, liens, and foreclosures, while HOAs confronted massive fines and damages, higher liability insurance premiums, and backlash for property value declines. But tensions are easing as state legislators pass reforms and buyers press HOA boards for more-transparent homeowners association guidelines.
