Mark Burns is Associate Professor in the Department of Political Science and former Director of the Health Administration Program at Auburn University.
HOA fees are based on a variety of things. The management association bidding to run an HOA determines the hard costs of things like utilities, landscaping, pool maintenance, administrative costs like attorney fees, billing and postage plus any other required overhead.They then add on their profit margin for servicing the account.he management association bidding to run an HOA determines the hard costs of things like utilities, landscaping, pool maintenance, administrative costs like attorney fees, billing and postage plus any other required overhead. They then add on their profit margin for servicing the account.
property tax is based on value. Condo and HOA fees are based on a budget that includes the maintenance of the common grounds, management, utilities and insurance of what the condo assoc or HOA owns and the other items they pay for, such as water, cable, etc.The other items vary per association.ther subdivision charge monthly, but they cover exterior maintenance of the home and yards. HOA fees can be a good thing, if there is coverage for items to make the subdivision more desirable, thereby increasing the likelihood of the sale of your home in the future probable.