Some HOA’s are literally just to pay for the maintenance of a shared private drive, which IMO is reasonable. So, we explicitly refused to make any offers or consider any homes in HOA’s which didn’t let us see their charter. Interestingly enough, that was all of them… makes you think.
Where I’m from, the board has to make all documentation and meeting minutes available to people considering purchasing.
And it’s a damn good thing they do, I’ve had friends discover some pretty expensive things that were lurking in the wings for future costs, like mold abatement and foundation problems.
Depends on the HOA. Some are basically microdictatorships, some are just actually a group of homeowners trying to make sure their neighborhood doesn’t fall apart. Several of the houses down the road that don’t have HOAs have broken furniture and smashed cars in their front yards. Imagine trying to sell your home living next to that.
We pay about $500 a year to our HOA, and that gives us access to a neighborhood playground/yearly events/etc. Only time we had to reach out was to build a fence and it was just verifying we were in the guidelines for type of fence allowed and not encroaching neighbors.
When I was house-shopping, I refused to look at any house that was in an HOA.
Some HOA’s are literally just to pay for the maintenance of a shared private drive, which IMO is reasonable. So, we explicitly refused to make any offers or consider any homes in HOA’s which didn’t let us see their charter. Interestingly enough, that was all of them… makes you think.
Where I’m from, the board has to make all documentation and meeting minutes available to people considering purchasing.
And it’s a damn good thing they do, I’ve had friends discover some pretty expensive things that were lurking in the wings for future costs, like mold abatement and foundation problems.
What you don’t want to pay a surcharge every month for the privilege to fund a micro government focused on harassing its constituents?
Ya fuck HOAs
This is my number one requirement.
Depends on the HOA. Some are basically microdictatorships, some are just actually a group of homeowners trying to make sure their neighborhood doesn’t fall apart. Several of the houses down the road that don’t have HOAs have broken furniture and smashed cars in their front yards. Imagine trying to sell your home living next to that.
We pay about $500 a year to our HOA, and that gives us access to a neighborhood playground/yearly events/etc. Only time we had to reach out was to build a fence and it was just verifying we were in the guidelines for type of fence allowed and not encroaching neighbors.
Just remember that the board and rules can change over time. What seems reasonable now may not be what you’ll be dealing with next year.
Huge red flag. There’s a giant spectrum between “no trash in the front yard please” and “guidelines for type of fence allowed”