Understanding HOAs: A Double-Edged Sword for Homeowners Homeowners associations (HOAs) can be a complex and sometimes contentious aspect of homeownership. As a real estate expert notes, while some HOAs offer benefits like community pools and common areas, others can impose unexpected financial and social burdens. It's essential to understand the unique rules, financial health, and community culture of an HOA before buying into one. Source: https://www.cnet.com/personal-finance/hoas-can-make-homeownership-a-nightmare-says-this-real-estate-expert/#ftag=CAD590a51e