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    Welp.. I put on offer on a house

    Water Closet
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    • stacksofplatesS
      stacksofplates
      last edited by

      Like my wife's cousins live in an HOA in Vero Beach. Their fence must be a certain height, and if their driveway is ever dirty they get a certified letter to make them power wash it. If the trees get too big they make them trim them. It gets really out of hand.

      1 Reply Last reply Reply Quote 1
      • IRJI
        IRJ
        last edited by

        HOA = People that suck in real life that are on a power trip

        1 Reply Last reply Reply Quote 3
        • nadnerBN
          nadnerB @scottalanmiller
          last edited by

          @scottalanmiller said in Welp.. I put on offer on a house:

          @nadnerB said in Welp.. I put on offer on a house:

          So why would anyone live in a state with that crap?

          Because just up and changing your nationality over home ownership laws is more than more people are willing to consider.

          Yes, but you have to add that to the random levels of sales tax per state, laughable-if-it-wasn't-so-criminal health "insurance" and the whole "at will" working thing per state. How long has all of this been going on?

          1 Reply Last reply Reply Quote 0
          • scottalanmillerS
            scottalanmiller @stacksofplates
            last edited by

            @johnhooks said in Welp.. I put on offer on a house:

            @nadnerB said in Welp.. I put on offer on a house:

            So why would anyone live in a state with that crap?

            Well, they come from a good idea. The idea is that people will keep their property in check to keep values up. A lot of them also have stuff like yard maintenance, road maintenance, etc. But they end up being a group of people that have power over the others and can force people to do what they want.

            Wherever I've seen them they have hurt house values by raising the cost and risk of ownership and lowering the niceness of getting to live there. I know lots of people that actively avoid HOA properties and/or will only pay less for them compared to the same house without one. The HOA is a good idea, I agree, but the potential for them to go bad is very high and once they do, you are screwed.

            IRJI DashrenderD stacksofplatesS 3 Replies Last reply Reply Quote 2
            • IRJI
              IRJ @scottalanmiller
              last edited by

              @scottalanmiller said in Welp.. I put on offer on a house:

              @johnhooks said in Welp.. I put on offer on a house:

              @nadnerB said in Welp.. I put on offer on a house:

              So why would anyone live in a state with that crap?

              Well, they come from a good idea. The idea is that people will keep their property in check to keep values up. A lot of them also have stuff like yard maintenance, road maintenance, etc. But they end up being a group of people that have power over the others and can force people to do what they want.

              Wherever I've seen them they have hurt house values by raising the cost and risk of ownership and lowering the niceness of getting to live there. I know lots of people that actively avoid HOA properties and/or will only pay less for them compared to the same house without one. The HOA is a good idea, I agree, but the potential for them to go bad is very high and once they do, you are screwed.

              Yeah we refused to buy a HOA home even if it was $1 a month

              1 Reply Last reply Reply Quote 1
              • DashrenderD
                Dashrender @scottalanmiller
                last edited by

                @scottalanmiller said in Welp.. I put on offer on a house:

                @johnhooks said in Welp.. I put on offer on a house:

                @nadnerB said in Welp.. I put on offer on a house:

                So why would anyone live in a state with that crap?

                Well, they come from a good idea. The idea is that people will keep their property in check to keep values up. A lot of them also have stuff like yard maintenance, road maintenance, etc. But they end up being a group of people that have power over the others and can force people to do what they want.

                Wherever I've seen them they have hurt house values by raising the cost and risk of ownership and lowering the niceness of getting to live there. I know lots of people that actively avoid HOA properties and/or will only pay less for them compared to the same house without one. The HOA is a good idea, I agree, but the potential for them to go bad is very high and once they do, you are screwed.

                I account HOAs to unions in general. A good idea at first.. but quickly the power goes to those people's heads and the whole thing goes south.

                scottalanmillerS 1 Reply Last reply Reply Quote 0
                • stacksofplatesS
                  stacksofplates @scottalanmiller
                  last edited by

                  @scottalanmiller said in Welp.. I put on offer on a house:

                  @johnhooks said in Welp.. I put on offer on a house:

                  @nadnerB said in Welp.. I put on offer on a house:

                  So why would anyone live in a state with that crap?

                  Well, they come from a good idea. The idea is that people will keep their property in check to keep values up. A lot of them also have stuff like yard maintenance, road maintenance, etc. But they end up being a group of people that have power over the others and can force people to do what they want.

                  Wherever I've seen them they have hurt house values by raising the cost and risk of ownership and lowering the niceness of getting to live there. I know lots of people that actively avoid HOA properties and/or will only pay less for them compared to the same house without one. The HOA is a good idea, I agree, but the potential for them to go bad is very high and once they do, you are screwed.

                  Oh I agree that they actually hurt the values. But the creation was to try to keep people from having a trashy lot beside you.

                  I would not buy a house in an HOA.

                  scottalanmillerS 1 Reply Last reply Reply Quote 1
                  • scottalanmillerS
                    scottalanmiller @Dashrender
                    last edited by

                    @Dashrender said in Welp.. I put on offer on a house:

                    @scottalanmiller said in Welp.. I put on offer on a house:

                    @johnhooks said in Welp.. I put on offer on a house:

                    @nadnerB said in Welp.. I put on offer on a house:

                    So why would anyone live in a state with that crap?

                    Well, they come from a good idea. The idea is that people will keep their property in check to keep values up. A lot of them also have stuff like yard maintenance, road maintenance, etc. But they end up being a group of people that have power over the others and can force people to do what they want.

                    Wherever I've seen them they have hurt house values by raising the cost and risk of ownership and lowering the niceness of getting to live there. I know lots of people that actively avoid HOA properties and/or will only pay less for them compared to the same house without one. The HOA is a good idea, I agree, but the potential for them to go bad is very high and once they do, you are screwed.

                    I account HOAs to unions in general. A good idea at first.. but quickly the power goes to those people's heads and the whole thing goes south.

                    I would too. Conceptually very related.

                    1 Reply Last reply Reply Quote 0
                    • scottalanmillerS
                      scottalanmiller @stacksofplates
                      last edited by

                      @johnhooks said in Welp.. I put on offer on a house:

                      @scottalanmiller said in Welp.. I put on offer on a house:

                      @johnhooks said in Welp.. I put on offer on a house:

                      @nadnerB said in Welp.. I put on offer on a house:

                      So why would anyone live in a state with that crap?

                      Well, they come from a good idea. The idea is that people will keep their property in check to keep values up. A lot of them also have stuff like yard maintenance, road maintenance, etc. But they end up being a group of people that have power over the others and can force people to do what they want.

                      Wherever I've seen them they have hurt house values by raising the cost and risk of ownership and lowering the niceness of getting to live there. I know lots of people that actively avoid HOA properties and/or will only pay less for them compared to the same house without one. The HOA is a good idea, I agree, but the potential for them to go bad is very high and once they do, you are screwed.

                      Oh I agree that they actually hurt the values. But the creation was to try to keep people from having a trashy lot beside you.

                      I would not buy a house in an HOA.

                      My first two were. Never again.

                      1 Reply Last reply Reply Quote 0
                      • nadnerBN
                        nadnerB
                        last edited by

                        Hmmm, sounds a bit like a Strata Scheme here but with less oversight.

                        http://www.wa.stratacommunity.org.au/content/page/what-is-strata.html

                        scottalanmillerS 1 Reply Last reply Reply Quote 0
                        • stacksofplatesS
                          stacksofplates
                          last edited by

                          What happens is the only people who have time to be on the HOA board are the people who have a ton of free time (retired, don't work, etc). So they have time to sit around and come up with nonsense rules that they can enforce on other people. If it was a normal working person they wouldn't have time to come up with these ridiculous rules.

                          scottalanmillerS 1 Reply Last reply Reply Quote 1
                          • scottalanmillerS
                            scottalanmiller @nadnerB
                            last edited by

                            @nadnerB said in Welp.. I put on offer on a house:

                            Hmmm, sounds a bit like a Strata Scheme here but with less oversight.

                            http://www.wa.stratacommunity.org.au/content/page/what-is-strata.html

                            If by less you mean zero.

                            nadnerBN 1 Reply Last reply Reply Quote 0
                            • nadnerBN
                              nadnerB @scottalanmiller
                              last edited by

                              @scottalanmiller said in Welp.. I put on offer on a house:

                              @nadnerB said in Welp.. I put on offer on a house:

                              Hmmm, sounds a bit like a Strata Scheme here but with less oversight.

                              http://www.wa.stratacommunity.org.au/content/page/what-is-strata.html

                              If by less you mean zero.

                              Well, it's the closest thing unless you move into a "Lifestyle community"

                              1 Reply Last reply Reply Quote 0
                              • scottalanmillerS
                                scottalanmiller @stacksofplates
                                last edited by

                                @johnhooks said in Welp.. I put on offer on a house:

                                What happens is the only people who have time to be on the HOA board are the people who have a ton of free time (retired, don't work, etc). So they have time to sit around and come up with nonsense rules that they can enforce on other people. If it was a normal working person they wouldn't have time to come up with these ridiculous rules.

                                This is extremely true. You end up with retired cranky old women as a "police force" using the guise of the HOA to spy on neighbours and stuff. We've had it get downright creepy in both HOAs we got stuck with.

                                1 Reply Last reply Reply Quote 2
                                • J
                                  Jason Banned @scottalanmiller
                                  last edited by

                                  @scottalanmiller said in Welp.. I put on offer on a house:

                                  HOAs are the worst. We will never live in a place with one again. They can be fine, but they bring so much long term risk.

                                  I thought the house price was cheap, until I was it was a townhome and HOA fee. No thanks. I'll keep my home in the country.

                                  scottalanmillerS 1 Reply Last reply Reply Quote 3
                                  • scottalanmillerS
                                    scottalanmiller @Jason
                                    last edited by

                                    @Jason said in Welp.. I put on offer on a house:

                                    @scottalanmiller said in Welp.. I put on offer on a house:

                                    HOAs are the worst. We will never live in a place with one again. They can be fine, but they bring so much long term risk.

                                    I thought the house price was cheap, until I was it was a townhome and HOA fee. No thanks. I'll keep my home in the country.

                                    An HOA can sneak up on you. If your mortgage is $1,000/mo and your HOA is $200/mo, that's a 20% premium on the price of your home! Only unlike the mortgage, it goes up over time and never goes away!! It becomes like "rent". Even after you own your home, you have to pay rent for forever to be allowed to live in the home that you already paid for! It can easily double the cost of a home over its lifetime.

                                    IRJI DustinB3403D 2 Replies Last reply Reply Quote 1
                                    • IRJI
                                      IRJ @scottalanmiller
                                      last edited by

                                      @scottalanmiller said in Welp.. I put on offer on a house:

                                      @Jason said in Welp.. I put on offer on a house:

                                      @scottalanmiller said in Welp.. I put on offer on a house:

                                      HOAs are the worst. We will never live in a place with one again. They can be fine, but they bring so much long term risk.

                                      I thought the house price was cheap, until I was it was a townhome and HOA fee. No thanks. I'll keep my home in the country.

                                      An HOA can sneak up on you. If your mortgage is $1,000/mo and your HOA is $200/mo, that's a 20% premium on the price of your home! Only unlike the mortgage, it goes up over time and never goes away!! It becomes like "rent". Even after you own your home, you have to pay rent for forever to be allowed to live in the home that you already paid for! It can easily double the cost of a home over its lifetime.

                                      And you lose the right to do what you want to do to your home if it doesnt meet HOA's rules.

                                      scottalanmillerS 1 Reply Last reply Reply Quote 1
                                      • scottalanmillerS
                                        scottalanmiller @IRJ
                                        last edited by

                                        @IRJ said in Welp.. I put on offer on a house:

                                        @scottalanmiller said in Welp.. I put on offer on a house:

                                        @Jason said in Welp.. I put on offer on a house:

                                        @scottalanmiller said in Welp.. I put on offer on a house:

                                        HOAs are the worst. We will never live in a place with one again. They can be fine, but they bring so much long term risk.

                                        I thought the house price was cheap, until I was it was a townhome and HOA fee. No thanks. I'll keep my home in the country.

                                        An HOA can sneak up on you. If your mortgage is $1,000/mo and your HOA is $200/mo, that's a 20% premium on the price of your home! Only unlike the mortgage, it goes up over time and never goes away!! It becomes like "rent". Even after you own your home, you have to pay rent for forever to be allowed to live in the home that you already paid for! It can easily double the cost of a home over its lifetime.

                                        And you lose the right to do what you want to do to your home if it doesnt meet HOA's rules.

                                        And you'll never have much say in those rules and they might vary a lot over time. Like your home today, you might be forced to paint it in gold gilding tomorrow and have a slide in your front yard because a few old ladies said so.

                                        1 Reply Last reply Reply Quote 1
                                        • DustinB3403D
                                          DustinB3403 @scottalanmiller
                                          last edited by DustinB3403

                                          @scottalanmiller said in Welp.. I put on offer on a house:

                                          An HOA can sneak up on you. If your mortgage is $1,000/mo and your HOA is $200/mo, that's a 20% premium on the price of your home! Only unlike the mortgage, it goes up over time and never goes away!! It becomes like "rent". Even after you own your home, you have to pay rent for forever to be allowed to live in the home that you already paid for! It can easily double the cost of a home over its lifetime.

                                          This is how I look at it, you're paying a mortgage and then rent on top of that.

                                          Like who the hell would do that? The few benefits like getting your lawn mowed weekly or Club House perks just don't seem worth a damn.

                                          I can pay someone $200 / month to mow my lawn, clean out the gutters, power was the house and driveway and still park a beater car on the grass without anyone saying one word to me.

                                          1 Reply Last reply Reply Quote 1
                                          • IRJI
                                            IRJ
                                            last edited by

                                            I rented in a HOA once. They yelled at me for working on my own vehicle and said you aren't allowed to work on cars in this neighborhood. Naturally I just ignored them.

                                            DustinB3403D 1 Reply Last reply Reply Quote 1
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