There is a myth about HOA fees among new home buyers, who regard HOA fees as a deal-killer to buy a condo or a townhouse. I'd like to take this time to demystify. First of all, HOA fee is not unique to condos and townhouses. Almost all new single family development have HOA and the owners of the single family homes need to pay a monthly due. Secondly, HOA fee is not money-down-the-drain. It actually...