Episode 77 –– The HOA Myth: Can You Negotiate Your Fees? (Spoiler: No)

Here’s a myth that costs homebuyers thousands: HOA fees are negotiable. They’re not. In this Mythbuster Monday episode, Michael Dendy and Rachel break down the truth about HOA fees and why you need to understand them before buying a home. The reality is simple: the HOA sets the fee, and every homeowner in that community pays the same amount, period. There’s no negotiating with your HOA. Whether you like it or not, you’re paying what they charge. The only thing you can negotiate is the actual price of the house itself, not the ongoing HOA dues. This matters because HOA fees vary dramatically. Michael is currently showing clients homes with HOA fees ranging from $90 a month to $330 a month — that’s a $200+ difference every single month. When you’re budgeting for a house, the HOA fee is a critical part of your total monthly housing payment. We also cover what your HOA fees actually pay for. In some neighborhoods, they cover exterior maintenance, landscaping, and pool facilities. In others, they barely cover grass mowing at the neighborhood entrance. Sometimes, they even include internet service. If you’re buying in an HOA community, you need to know exactly what those fees cover and factor them into your budget before making an offer. Don’t let this myth catch you off guard. Reach out to our team with any questions or to apply: 615-499-6335 | mailto:Michael@DendyTeam.com