HOA stands for Home Owners Association. If, for instance, the pump in your community swimming pool stops working, rather than wait for one homeowner to volunteer and fix the problem, homeowners association are responsible for getting the job done.
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After your offer for a home in Arlington has been accepted, there's a process that lasts for a few weeks before you finally close the transaction. This is the time when buyers are often advised to "do their due diligence" on the home they soon hoped to own.
But, what does "due diligence" mean anyway? In legal terms, this simply means "do your homework" before buying a property.
Renovated Cape Cod in Lee Heights, Arlington VAContinue reading