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HOA Score
®
CURRENTLY TRACKING 53,218 HOAS COLLECTING $8,747,345,041 PER YEAR
Bear Creek Village 3 is a townhome community located in Bedford Heights, OH. They are governed by a homeowners association (HOA) established in 1970. Operations and maintenance are currently overseen by an HOA Management Company.
HOA SCORE
®
5.72
/10
Average
Monthly Dues will likely increase moderately and risk of Special Assessment is low for the near future.
HOA FINANCES
Average
Monthly Dues will likely increase moderately and risk of Special Assessment is low for the near future.
IMPACT ON OWNERS
Very High
The ratio of Monthly Dues to estimated Mortgage payment is very high. Any increase in Monthly Dues or Special Assessments may have serious financial impact.
What is HOA Score ?
®
It's like a credit score for an HOA... a lower HOA Score® means higher risk of dues increases and special assessments in future.
Derived from HOA financials and MLS Data.
what-is-hoa-score
SCORE BREAKDOWN
FISCAL YEAR ENDING
2021
MONTHLY PAYMENT
VS. SIMILAR ASSOCIATIONS (%)
'-33.94
CURRENT INCREASE (%)
'-31.96
LAST YEAR INCREASE (%)
'-31.96
DATA SOURCES
ADDRESS | MLS | DATE |
|---|---|---|
5895 Bear Creek Drive | 4216558 | 08/20/2020 |
5897 Bear Creek Drive | 4223237 | |
5901 Bear Creek Drive | 4323676 | |
5909 Bear Creek Drive | 4163644 |
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