Homeowners Associations in Okaloosa County Florida
Below is a list of all homeowners associations in Okaloosa County FL. If you need to get in touch with the HOA, board members or property manager please click on the "Read more" link below.
There are many benefits to living in a community that has an HOA. Realtors agree that property values are more protected when an HOA is involved. The common areas are maintained by professionals and there is increased community pride. Rules and regulations definitely deters nuisance activity and promotes conformity. Homes tend to be aesthetically pleasing and amenities are well maintained such as pools, landscaping, sports courts, walking trails etc.
When you purchase a property in an HOA community you sign documents declaring that you will abide by the HOA rules and regulations and that you will pay the monthly HOA fees. Often you will find a homeowners association in a planned development such as a leased land property, gated communities, condominiums and condo/townhome communities. You won't be able to purchase property in those neighborhoods unless you agree to join the HOA. As a general rule, you will have to pay a fee and be interviewed by the board of directors before they will give purchase approval.
If you are seriously considering buying in condo or a community that has an HOA you should always review the association documents, read the rules and regulations, familiarize yourself with the financial operating budget, check for any pending litigation, and make sure that the reserve fund is sufficient. Read about the pros and cons of living in an HOA community - click here!
Things to Consider Before Purchasing in an HOA Community
Before you purchase a home or condo within an HOA there are some important factors to consider such as: the rules and regulations, bylaws, reserve funds, budget, pet policy, rental restrictions, special assessments, HOA fees, pending litigation, insurance, parking rules and more.
A homeowners association can be a terrific idea. Generally speaking, when you purchase within an HOA community it is often peaceful and beautifully manicured. However, you should be aware that owning a home within an HOA can have an impact on your day to day life, so you need to understand the role that the HOA plays.
Often homeowners rush into purchasing before they fully understand what the HOA documents mean.
So, what do you do if you purchased a home within an HOA and now realize the rules and regulations are not what you expected? Keep in mind that an HOA is not a dictatorship - it is a democracy. If you don't agree with the rules in the community, then the best thing you can do is get involved. Start by attending board meetings and bring your concerns up before the board. Petition your neighbors to get involved. If you are a born leader then run for a seat on the board so you can push for the changes that you want. A homeowners association works best when it has the full participation of the community, so get involved.