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None that I know of. You really have to go back to the older neighborhoods to find any without any type of HOA.
I showed a few homes in Holly Springs in a neighborhood called Remington that didn't have a HOA. Homes are about 8 to 10 years old.
My client didn't like the neighborhood because they homeowners had old trucks parked in front yards and the lawns were not well cared for. Something that the HOA would have something to say about.
Sometimes having the HOA is protection for your investment.
If the HOA is run by the homeowners, you can always go to meetings and even get on the board to help make everything better.
Builders and Developers will nearly always want an HOA entity to hand off enforcement of covenants to, to protect their massive investment in development and marketing.
You might look for raw rural land to bring your own builder and see how covenants are enforced.
I live in Giverny, in Cary. Giverny was developed in the early-mid 1990's, and we have no HOA. That was a major impetus for us buying here. Lawns are not quite as good as some, but most are good to superb. (Right now mine is lousy )
There's hope as shown below. At least the owners can dump a garbage HOA if it goes out of control. I see no advantage over renting when someone else can make stupid rules restricting you.
At least city codes are usually less intrusive around here than in other areas:
Except in the case of taking of all the lots by eminent domain (G.S. 47F‑1‑107), a planned community may be terminated only by agreement of lot owners of lots to which at least eighty percent (80%) of the votes in the association are allocated, or any larger percentage the declaration specifies. The declaration may specify a smaller percentage only if all of the lots in the planned community are restricted exclusively to nonresidential uses.
There's hope as shown below. At least the owners can dump a garbage HOA if it goes out of control. I see no advantage over renting when someone else can make stupid rules restricting you.
At least city codes are usually less intrusive around here than in other areas:
Except in the case of taking of all the lots by eminent domain (G.S. 47F‑1‑107), a planned community may be terminated only by agreement of lot owners of lots to which at least eighty percent (80%) of the votes in the association are allocated, or any larger percentage the declaration specifies. The declaration may specify a smaller percentage only if all of the lots in the planned community are restricted exclusively to nonresidential uses.
My neighborhood was built in '95-'96 and we do not have an HOA. I LOVE IT! For the most part people keep their houses nice and neat and even though the neighborhood still has that box cutter feel, the houses look different with the layouts and all of the different colors and types of trees, plants people put in their front lawns. We just recently painted out house a darker olive green color and added a picket fence in our back yard. I loved the fact that I didn't need to tell anyone or get any approval to do it. If you PM I can tell you what neighborhood. There are 2 nice homes on the market right now ranging from 1750 - 2260. There a 2 other neighborhoods that attach to our streets that are HOA and we built between '97-'01.
Another nail in the coffin. Lookie here! If a lot owner defaults and then walks away from the home, all assessments on the lot go to all the lot owners, not only the bank that foreclosed.
(f) Where the holder of a first mortgage or first deed of trust of record, or other purchaser of a lot obtains title to the lot as a result of foreclosure of a first mortgage or first deed of trust, such purchaser and its heirs, successors, and assigns, shall not be liable for the assessments against such lot which became due prior to the acquisition of title to such lot by such purchaser. Such unpaid assessments shall be deemed to be common expenses collectible from all the lot owners including such purchaser, its heirs, successors, and assigns.
My neighborhood was built in '95-'96 and we do not have an HOA. I LOVE IT!
Our neighborhood was built around 2000 and we have an HOA, but no dues. This seems to be a good balance because there is an association to keep things in check, but since they have no money, they are relatively powerless (i.e., no money, so no lawyers ) so everyone has to work things out on their own. For the most part, this seems to be working out well. Other than the common bass fishing boat parked on the parking pad, which I do not mind, there is one house that has a camping trailer. We all have big lots (1/2 acre up to 3 acres).
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