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Old 01-24-2010, 01:04 PM
 
105 posts, read 181,999 times
Reputation: 83

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http://www.orlandosentinel.com/news/local/os-homeowners-fees-rising-0124,0,5087958.story

They need to get rid of HOA all together.
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Old 01-24-2010, 01:24 PM
 
Location: Las Flores, Orange County, CA
26,345 posts, read 86,695,988 times
Reputation: 17645
Sure, that is a reality about the foreclosures affecting the fees the rest of the members pay. But, in general, HOA communities look a lot better and retain property values to prevent kooks from parking their cars on the lawn, erecting 100 foot ham radio antennae, and letting their yards turn into a dump. Everything is a trade off.
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Old 01-24-2010, 01:37 PM
 
Location: California
32,739 posts, read 36,190,343 times
Reputation: 28915
While I don't live in one right now I like HOA's and am glad I have the option. I wouldn't want someone else taking that option away from me. Live elsewhere and stop bitching about them.
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Old 01-24-2010, 04:52 PM
 
Location: Yucaipa, California
9,866 posts, read 19,741,853 times
Reputation: 6705
HOA communities are terrible. Snitches & snoops are everywhere. Get a lil oil on your driveway & they write you up. I would never live in a gated & controlled community.
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Old 01-24-2010, 05:03 PM
 
Location: Baltimore
1,802 posts, read 7,651,408 times
Reputation: 1938
Quote:
Originally Posted by Charles View Post
Sure, that is a reality about the foreclosures affecting the fees the rest of the members pay. But, in general, HOA communities look a lot better and retain property values to prevent kooks from parking their cars on the lawn, erecting 100 foot ham radio antennae, and letting their yards turn into a dump. Everything is a trade off.
Everyone who supports an HOA uses this argument, and I am not going to argue that people never do this, but I believe it's the exception rather than the rule. As for me - I'll take my chances. I will not live in an HOA or deed restricted community.
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Old 01-24-2010, 05:03 PM
 
1,963 posts, read 4,589,674 times
Reputation: 1443
That`s ridiculous.... and who knows how many homeowners are going to have to struggle to come up with the money to pay them. That`s a big jump in fees.
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Old 01-24-2010, 06:23 PM
 
Location: Central Fl
2,903 posts, read 11,581,975 times
Reputation: 2872
HOA's are a two edged sword. There is both good and bad with some. They are NOT all alike.
This thread does not belong in this forum. I'm moving it to the Florida forum, since that is where the article is from.

Frank
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Old 01-24-2010, 08:52 PM
 
Location: Palm Island and North Port
7,484 posts, read 20,911,080 times
Reputation: 2838
Homeowners' associations, or HOAs, are formal legal entities created to maintain common areas; they have the authority to enforce deed restrictions. Most condominium and townhome developments, and many newer single-family subdivisions have HOAs, which are usually created when the development is built. Covenants, Conditions & Restrictions (CC&R's) are issued to each homeowner, and HOAs are established to ensure that they are adhered to in order to maintain the quality and value of the properties involved.

HOA's can be charged monthly, quarterly or yearly. If the community was maintenance free then you might have fees associated with that. Also some communities include certain things like: cable, water, etc

Features of a Homeowners' Association:
•Membership is mandatory for all property owners within the development

•Members are usually charged mandatory fees

•Homeowners associations have the authority to enact and enforce maintenance and design standards in addition to those established by City ordinances

•Homeowners' associations are corporations with formal bylaws - there is usually a governing board which hires a property management company to handle maintenance and enforcement issues

•Many homeowners' associations publish a newsletter

Other restrictions that may be enforced by an HOA: parking on street, landscaping approval or types of plants, garage door being open, fence restrictions, pool restrictions, erection of basketball hoops or tree houses, storage of boats and RVs, number of pets, age requirements of residents. There can be more.

If you want to start a discussion on a controversial topic, start talking about Homeowners' Associations. You are bound to find people who appreciate them, people who despise them, and people who are somewhere in the middle. Those who like Homeowners' Associations say that they protect the value of their homes and neighborhoods. They do this by keeping the area looking attractive, and making sure no one does anything wild, like painting their house gold and pink, parking an 18-wheel truck on their front lawn, leaving dismantled vehicles in the street, or running a flea market in the driveway. Opponents of HOAs point to overzealous and unscrupulous HOA boards, fee increases that can't be declined, and rules that are far too restrictive, from what kind of shrubs to plant, to placement of a clothesline, to preventing the displaying of the American flag. Anti-HOA organizations believe that the HOA are private governments that set themselves above the law.

Whether or not to live in a development governed by CC&R's and an HOA is an individual choice. Prospective home buyers should:
•Read any CC&R's recorded against the home and make sure they can live with the conditions and restrictions contained in the document prior to close of escrow.

•Find out what the current dues are. Once you buy the home, you can't decline to pay the dues. If you do, you could be evicted and your home could be sold to liquidate the debt. HOA dues can range from $20 per month to hundreds per month, depending on the property and the amenities provided by the community.

•Find out how often the dues have been raised during the history of the HOA. Will you be able to withstand future increases or will you have to move? Find out if the HOA has cash reserves.

•Determine if there are term limits for the Board, and if Board members have attended training sessions in efficient HOA management

•Determine if there is litigation pending involving the HOA
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Old 01-24-2010, 11:51 PM
 
105 posts, read 181,999 times
Reputation: 83
Default yes totalitarian on a small scale

Talk about choice, the way all the yuppies are taking over and developers there is going to be little left of anything that doesn't have an HOA attached to it. I hope it all backfires. People think that this actually make the home more valuable, no not really, when people find out what is attached to it, along with property taxes and a HOA fees especially in this market which is going to take a very long time to recover they are going to look elsewhere. I rather look at a pink house any day then to live under tolalitarian. I like personality rather than all the same yuppie cookie cutter homes with restrictions and rules and nosey buddies attached.
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Old 01-25-2010, 12:28 AM
 
8,376 posts, read 28,729,155 times
Reputation: 2391
I would say is depends on the association, but not all are crooked and they definitely have their place in maintaining neighborhood stability, especially in a newer, more transient state like Florida. I would probably prefer to buy a house in a neighborhood with no association, but then again, it depends on the condition of the neighborhood.
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