jfkmk wrote:
A1ARealtorRick wrote:
However, in a development as such, I would almost always view the HOA as a definite plus. When it comes time for me to sell, I don't want the 6 cars in my neighbors front yard, the 12" tall grass, the refrigerator on the front porch, or his dilapidated storage shed to have a bearing on the value of my home.
Unfortunately an HOA doesn’t guarantee any of this. I live in a development with no HOA. There is absolutely nothing like what you described around here.
My brother lived in an area very similar to mine, but with an HOA. He had to get permission to plant rose bushes and paint his front door. When he had to replace his roof, it had to be one of two shingles.
Yet his neighbor had the fridge on her back deck and was accumulating garbage on the deck. He complained, but the HOA said they couldn’t do anything about it.
I am one of the HOA haters.
It's nice that your neighborhood has no issues, and obviously doesn't need an HOA. But, speaking as a Realtor, yours is the exception rather than the rule. If I bought the house across the street from you, painted it pink, re-roofed it with bright green shingles, and parked all 6 of my cars on the front lawn, there's nothing anyone can do about it, as long as I'm not violating county ordinances.
I agree that HOA's don't "guarantee" anything, but properly run organizations not afraid to show their teeth when necessary come as close to guaranteeing this as is humanly possible.
Again, to each his own. I just know what my past experience as a Realtor has made evident to me. Have a great day!