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Tag Archives: Homeowner Association

Renting vs. Buying: HOA Fees May Make Renting More Appealing than Buying

Recent results from Trulia’s Rent vs. Buy Report reveals that purchasing a home with a traditional 30-year mortgage and 20 percent down payment is cheaper than renting, but additional fees from the homeowner association (HOA) can make renting seem more appealing especially for New York and Honolulu residents whose HOA fees are considerably higher.

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