Oceanside Homes For Sale with NO HOA

Posted by Sam Smith on Tuesday, June 28th, 2022 at 12:34pm.

The real estate market in 2022 has seen a major shift as mortgage interest rates continue to go up with current rates as of June 2002 at over 6%.  When factoring in the monthly carrying costs to buy and manage a home that are a lot of costs that are associated with it.  First, if you are getting a mortgage you will have your monthly mortgage payment plus annual taxes and property insurance.  If you are buying a home that's located within a formal association than expect to pay monthly association dues on top of everything else.  As you can see these various costs quickly add up which is way some home buyers specifically lookin for homes with no HOA (homeowners association dues).

Homeowners association dues will vary depending on the community you live in.  It has seemed over the past several years that residential condos have a high monthly association costs when compared with dues from over five years ago.  This is also true for residential neighborhoods that also have association dues.  It's also important to note that when you Iive in an association you have to abide by their rules and regulations which can be tiresome at times.  I personally owned a condo in an association and couldn't wait to sell it and buy a home with no HOA dues.  I was paying over $500.00 a month for monthly association dues with little to nothing in return.  I figured out that I could afford a much more expensive property with no HOA dues and use that extra $500.00 a month towards a mortgage payment instead of going to an association.  It's been a huge difference since I sold that property and no longer have to pay an association.  

The large majority of the older neighborhoods in Oceanside will not have any formal associations but it's always good to check with your local real estate agent when looking at a home.  If you are looking at any home built after the 1980's I would strongly recommend checking to make sure there are no associations associated with the property.  The 1980's is when we saw a huge bulding boom here in Southern California with various tract neighborhoods that many were organized under an association.  In the last 10 to 20 years builders have added an extra fee on top of association dues called Mello Roos which is a bond that usually will last between 20 to 30 years.  Both of these monthly costs can really add up so make sure to ask the right questions before purchasing a home.  We have compiled a list of some of the Oceanside properties that are being advertised as not having any homeowners association.  If you want us to double check on any of these properties for you please call us direct at 760-710-2856.

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Listing information last updated on May 29th, 2024 at 6:49pm CDT.