Ontario Mortgage Professional reveals The pros and cons of an HOA…

⁣Ok, today we are going to talk about what a homeowner’s association is and why it can be beneficial… You may be familiar with the concept of condo fees, the monthly fees you pay if you own an apartment-style condo or townhouse. But increasingly, single-family neighbourhoods are being built that include landscaping, architectural controls, and amenities like security, swimming pools and golf courses. To pay for all these extra expenses and amenities, residents pay homeowners association (HOA) fees. If you’re considering moving into an HOA neighbourhood, there are both pros and cons… ⁣If you are looking for a top-notch mortgage professional in Toronto call us at, (866) 492-4024.