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I have never rented so I'm still learning a bit about owning.
So my question today is, if HOA is good? Is it worth it? Yay or nay
I've read online from several sources more negative then positive because it can be a nightmare. An HOA committee can tell you what to do or not do on your property.
I have checked Zillow and a few websites but it seems that everything I find has a monthly HOA fee.
Are there properties with out this? Does it depend on the town, subdivision?
HOAs have their place, they are designed to set standards to keep property values up with various rules & regulations. The problems arise when boards play favorites, don't enforce the rules, and when HOA members don't get involved.
There are neighborhoods without HOAs but most likely it will be an older area.
Your best action is if you buy in a neighborhood with a HOA is to read before purchasing and read after purchasing, ask for financial statements also. Don't walk buy in blind and then get ticked off because you didn't read documents.
There are too many variables to give a yea or nay answer. Some are good, some are bad. Most newer subdivisions have an hoa...in some cases they are very bare bones and simply maintain an entrance sign and in some cases they are very involved and perform all yard maintenance, regulate paint colors, curtain colors, etc. The best way to avoid them is to pick an older neighborhood, but I would guess in places like Summerfield and Oak Ridge, thats almost impossible.
Focus on whether they're needed at all and/or under what circumstances that might be.
THEN you can dive deeper into whether HOA X vs HOA Y is actually administered well (or not).
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Are there properties with out this?
Yes. Older developments within the City limits where the codes and zoning generally work.
Here's one way to look at it; ride through areas that have or don't have HOAs and visually compare.
We rode through the neighborhood my wife and I were young and used to live before we met. The homes were built in the 70s and are showing their age, badly. Out buildings such as sheds and detached garages are literally rotting into the ground. We saw an in ground pool being over grown, liner deteriorating. Houses abandoned, literally rotting. This neighborhood doesn't have a HOA. OTOH there are old neighborhoods without HOAs that are well kept. It's up to you as to what suits you.
Here's one way to look at it; ride through areas that have or don't have HOAs and visually compare.
We rode through the neighborhood my wife and I were young and used to live before we met. The homes were built in the 70s and are showing their age, badly. Out buildings such as sheds and detached garages are literally rotting into the ground. We saw an in ground pool being over grown, liner deteriorating. Houses abandoned, literally rotting. This neighborhood doesn't have a HOA. OTOH there are old neighborhoods without HOAs that are well kept. It's up to you as to what suits you.
Wow definitely good to know, will do ! Going to visit in a few weeks! Thank you
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