What to Look for in an HOA's Rules
Posted by Team Donovan on
Homeowners are creating new sources of income through the short-term rental of their vacation homes. They maximize the value of their investment and reduce its total cost over time.Â
But home buyers need to understand the homeowners association (HOA) rules that apply when purchasing Orlando vacation homes for sale in Florida.Â
When is Commercial Use of Your Home Allowed?Â
Your HOA’s Declaration of Covenants, Conditions, and Restrictions (CC&R) provides information related to the rental of your second home.Â
Many CC&Rs include an outright ban on any commercial use of your home. These are put in place to reduce issues such as unfamiliar traffic, noise disruptions, and security risks.Â
But a blanket ban on commercial use may not include a…

Orlando is a popular area for real estate investors who want rental income because it’s one of the top U.S. tourist destinations and the theme park capital of the world, thanks to Walt Disney World, Universal Orlando, and Sea World. More and more holiday travelers are opting to rent vacation homes instead of staying in hotels because they are less expensive, and you often get just as good, if not better, amenities.Â
Many home buyers hear the term HOA (Homeowners Association) and cringe. That's because the media has often portrayed HOAs as the "bad guy" because of their fees and efforts to "police" the neighborhood. But when you buy a home in an Orlando neighborhood that is covered by an HOA, your property could actually benefit in several ways. Here are a few reasons why.Â