News for hackers. Stuff that matters.
Re:How Home Loans Have Changed since 2000 by douche on Monday August 15, 2016 @07:11PM (#12294229)
$500 a month to an organization that tells you all the things that you can't do with your own property? That is absurd.
Re:How Home Loans Have Changed since 2000 by sokoloff on Monday August 15, 2016 @07:19PM (#12294275)
I agree (which is why I live in a single-family), but to be fair, the HOA/condo fee also typically pays for things like the outside maintenance, snow removal, common area maintenance, roof, painting, landscaping, pool/tennis court/gym/what-have-you, trash removal, insurance and other expenses relating to the shared/public areas.
Re:How Home Loans Have Changed since 2000 by massysett on Monday August 15, 2016 @07:51PM (#12294462)
The value in that is that they also tell your neighbors what they can't do with their property.
Re:How Home Loans Have Changed since 2000 by dragonwriter on Monday August 15, 2016 @07:53PM (#12294478)
For some condominiums (especially apartment-style, many-units-in-one-building condos), HOA fees often largely go to maintaining common areas and shared structure.

This is often less true with detached, single-family homes with HOAs.