50 Important Things To Do Before Buying A House

32. Watch Out For HOA Fees

Some neighborhoods charge an Homeowners Association (HOA) fee in addition to your mortgage. This is most common in gated communities and brand new developments. The fee usually covers things like removing snow from the streets and sidewalks, sewer, landscaping, and spraying for termites. If you would rather pay for all of these things on your own, it may be better to find a neighborhood that does not require HOA fees.