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Old 07-06-2016, 07:20 PM
 
95 posts, read 153,823 times
Reputation: 81

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I am considering purchasing a home but it is on a private semi gated street. Basically, the homes in the area all share a private street and each person owns a part of the street. There is an HOA that you pay 600 annually to maintain the street, gate and insurance for the street for garbage collection and plowing. The benefit imo is no traffic on the street, no pedestrians and I don't have to maintain a sidewalk. The drawback is the 600 annually to the HOA. Would you consider such a purchase and if so why or why not?
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Old 07-06-2016, 08:43 PM
 
Location: Brooklyn New York
18,408 posts, read 31,532,830 times
Reputation: 27873
no, never.
id never live anywhere with an HOA.
do not do it. Id rather the city take care of it.

absolutely not, gated or not, pedestrians or not. no, I cant stress it enough.

plus, there will be that one neighbor, and there always is that one neighbor that you will hate, trust me on that.......
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Old 07-06-2016, 09:59 PM
 
419 posts, read 623,226 times
Reputation: 618
yeah never buy hoa, too much politics involved. Eventually one of those power trip HOA managements gonna give you heache.
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Old 07-07-2016, 04:57 AM
 
95 posts, read 153,823 times
Reputation: 81
The HOA for this property isn't much involved. They just maintain the street and gate and that's about it. If anything goes wrong with the sewer or water line the HOA will take care of it. The homes aren't joined together either and have a good space between them. They are also fenced. It looks like any other block but the street they are on is private. The house is a recent build and is really nice. I can't find anything like it in the Queens neighborhood.
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Old 07-07-2016, 09:39 AM
 
5,048 posts, read 9,585,378 times
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I am curious. What is semi-gated. How does one partially gate?
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Old 07-07-2016, 09:48 AM
 
95 posts, read 153,823 times
Reputation: 81
Quote:
Originally Posted by cully View Post
I am curious. What is semi-gated. How does one partially gate?
The street has one electric gate. The other end is open to everyone. It wouldn't be good to have 2 gates.
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Old 07-07-2016, 09:53 AM
 
Location: Eastern Tennessee
4,370 posts, read 4,332,196 times
Reputation: 12626
Quote:
Originally Posted by Deihmos View Post
The street has one electric gate. The other end is open to everyone. It wouldn't be good to have 2 gates.
Then what the heck good is the gate doing??? The crooks can just drive around the block!!! That's just daffy.
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Old 07-07-2016, 10:39 AM
 
95 posts, read 153,823 times
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Quote:
Originally Posted by grampaTom View Post
Then what the heck good is the gate doing??? The crooks can just drive around the block!!! That's just daffy.
Well it is a dead end and there are cameras all over the place. I am going for it. The only rule is you park in front of your house and they are reducing the HOA dues by half. There has never been an increase or assessment.
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Old 07-07-2016, 05:44 PM
 
Location: Eastern Tennessee
4,370 posts, read 4,332,196 times
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Quote:
Originally Posted by Deihmos View Post
Well it is a dead end and there are cameras all over the place. I am going for it. The only rule is you park in front of your house and they are reducing the HOA dues by half. There has never been an increase or assessment.
Before you said the 'other end is open' and now you are saying it is a 'dead end'. You're not making much sense. It's either gated closed or it's open.
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Old 07-07-2016, 06:02 PM
 
95 posts, read 153,823 times
Reputation: 81
It is a closed gate. I mean if anyone goes on the the street the other end is closed. I already said that before. One end open and the other end closed with an electronic gate.
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