When searching for a new location to buy a home, you may find several types of townhomes, condos, or communities with HOA’s (Homeowner’s Associations). HOA’s are volunteer organizations within committees designed to create a cohesive environment for the local homeowners.
Any homeowner will tell you that owning your home is great because you can paint the rooms any color you choose, make the closets bigger to hold all your stuff in an organized fashion and knock out walls anywhere you please. One of the greatest benefits, however, has nothing to do with style independence and everything to do with saving money.
