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Reply to "HOA Fees - why do they vary so much?"
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[quote=Anonymous]In newer developments, developers will often subsidize these services for the first few years to keep fees down so the homes are more marketable. Older developments may have items at the end of their useful life that need to be replaced, like retaining walls, drainage, trees, etc. Or they may have let their reserves get too low because owners didn't want the fees raised, and then they were faced with having to hike fees a lot to replenish the reserves or pay for a costly project.[/quote]
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