Here's what the rise of homeowners associations means for buyers [CNBC]
Frontdoor, Inc. (FTDR)
Last frontdoor, inc. earnings: 2/26 07:05 am
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Source: CNBC
The amenities can come at a high cost depending on your area. Here's what buyers need to know. When shopping for a home, many buyers may hope to avoid purchasing a property subject to a homeowners association But that may be easier said than done. That's because HOAs are on the rise in the U.S. Therefore it's important to understand the ins and outs of these organizations before you buy. Nearly three-quarters, or 70%, of surveyed homeowners say if they were to buy a new home in the future, they would prefer a community without an HOA, according to recent data from Frontdoor. The home repair and maintenance services company in September polled 1,005 homeowners, 85% of whom are currently part of an HOA. Why it's hard to avoid HOAs Homeowners associations are composed of community residents elected to a board of directors, which govern the neighborhood by a set of rules and regulations. Homeowners pay dues to have common areas like parks, roads, and community pools maintai
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- Three Reasons Why FTDR is Risky and One Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
- Frontdoor Completes Acquisition of 2-10 Home Buyers Warranty [Yahoo! Finance]Yahoo! Finance
- Frontdoor, Inc. Completes Acquisition of 2-10 Home Buyers Warranty and Pricing of Previously Announced $1.47 Billion Credit FacilityBusiness Wire
- Frontdoor, Inc. Launches $1.47 Billion Credit Facility to Fund Acquisition of 2-10 Home Buyers Warranty and Refinance Debt [Yahoo! Finance]Yahoo! Finance
- Frontdoor, Inc. Launches $1.47 Billion Credit Facility to Fund Acquisition of 2-10 Home Buyers Warranty and Refinance DebtBusiness Wire
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