HOA Forecloses on 50 Homes in ONE Year
That kind of garage is beyond my budget. But boy oh boy they are so nice!!The HOA where I live only allows side load garages.
This is great, bottom line? If you dont pay your bills and fines you can lose your home.
Thank goodness, its not the HOAs job to be responsible for yourself.
No one who pays their bills gets foreclosed on. I get tired of the excuses and roadblocks of media people who make it look like deadbeats are victims. Oh my this isnt fair... oh come on already! 50 homes in one year, well good, they got rid of the deadbeats who ignore the rules of the community they moved into, they also do not state how many homes are in the community. 1000, 2000, 3000, 4000, 5000 ???
This is a pretty good video at least the part I paid attention too while typing this and the guy seems pretty straight up, and doesnt think there is anything wrong with being foreclosed on for not paying their bills. States HOA and Condo Associations are legal and binding.
Bottom line again, pay your bills and know what you are buying by living in an HOA which is what I have been saying throughout this thread.
Society is so full of people who will never contribute that anyone momentarily not contributing instantly is lumped in as a knee-jerk reaction. It's sad and unfair, but that's the way it goes.Two of the families in our neighborhood lost all income during the pandemic due to lay-offs, lockdowns, and Covid itself. They quickly depleted what savings they had and hit the wall on the mortgage extension. The community banded together to pitch in and pay their mortgage, utilities, and groceries for a few months so they could stay afloat until they could get back to work.
Not every home that's foreclosed on are deadbeats. Many are productive members of society fallen on hard times, that just need a little help to get through a rough patch in life. That could be you or me one day.
I agree but what happens if it is a run down old Winnie on flat tires? Who gets to decide what's acceptable if there's not a rule of some kind?
Wait, didn't you terrorize a neighbor with your drag car for weeks and enlist your friends to join in because he complained about it? Maybe you could have told him it was operational and street legal and he could stop worrying about it instead of all that?
@R4W You have a beautiful property and obviously you wouldn't have a problem in an HOA situation if the rules were acceptable to you. Good luck getting the 3 acres, having your own range is awesome. We could shoot on the 5 acre property.
Society is so full of people who will never contribute that anyone momentarily not contributing instantly is lumped in as a knee-jerk reaction. It's sad and unfair, but that's the way it goes.
Um, apparently it is. That's the purpose of HOAs, to supervise (nanny) a community to be "responsible" for either ensuring lawns are mowed and siding is installed and roofs are replaced, or mandating lawns are mowed, siding is installed, and roofs comply.its not the HOAs job to be responsible for yourself.
Such as the freedom to voluntarily move into an HOA neighborhood?Most of you guys who are in HOA's must not enjoy personal freedoms.
I love my personal freedoms. Specifically I want to be free to enjoy my home without looking at junk cars, 40-year-old Winnebagos, blue roof tarps, chain link fences, and barnyard animals. I want to be free of neighbors who don't share my values on these and other things. I am free to live in an HOA, just as others are free not to.Most of you guys who are in HOA's must not enjoy personal freedoms.
Do you people actually think that is the norm in a non-HOA neighborhood?I love my personal freedoms. Specifically I want to be free to enjoy my home without looking at junk cars, 40-year-old Winnebagos, blue roof tarps, chain link fences, and barnyard animals.
I love my personal freedoms. Specifically I want to be free to enjoy my home without looking at junk cars, 40-year-old Winnebagos, blue roof tarps, chain link fences, and barnyard animals. I want to be free of neighbors who don't share my values on these and other things. I am free to live in an HOA, just as others are free not to.
That is variable by region and market/value of the properties. I will say here it is probably neutral, because so many new neighborhoods have them, to a positive impact. But, we are an odd and grossly inflated market.If having a HOA was such a great thing, then realtors wouldn’t be putting “No HOA!!!” in listings…
According to the appraiser that just came by to reappraise my house, homes without an HOA go for about 5-30% more per square foot. Freedom isn’t free.