When buying or selling a home, it is expected that all sorts of fees will pop up at closing. However, the HOA transfer fee is one that sometimes takes people by surprise. This is a one-time fee that occurs when a property is transferred from one owner to another. The HOA transfer fee is mandated… Read more »
We wanted to share the attached Senate bill with all homeowners living in condominium associations in the state of Maryland. Please read the entire bill as it does affect the insurance coverage from the Association to your individual unit. If you have any questions about this issue, please reach out to your independent insurance agent… Read more »
The pros and cons of owning a house or condo that’s part of a homeowners association cover pretty much everything and the kitchen sink. Your relationship with the HOA can be reassuring, annoying, and sometimes even risky. On the plus side, the HOA often foots the bill for major expenses, such as when a roof… Read more »
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