HOA’s have their place for sure. However, sometimes they can be out of control. It’s best to go over how to handle HOA’s with your clients in detail BEFORE they move in.
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Here’s a great website with a wealth of info about HOAs & Condos: http://www.ccfj.net
In Florida a Seller isn’t required to give the Buyer a copy of the HOA governing docs nor financials so if they’re not readily available on an HOA website then write in a clause that the Seller must provides these to your client.
With these professional management companies in place, there are large fees just to get a copy of the documents…ridiculous since they can be made available on-line at no cost. It’s not like they are killing trees anymore printing hundreds of pages of CC&R’s, By-laws, etc.
Yes it’s absurd that HOAs and Condos aren’t required to have a website with the governing docs readily available. HOA management firms make extra money this way. In Florida there’s no need to pay for copies of Docs because they’re required to be filed at the County Clerk’s office and anyone can pull up these documents online (from most of the county Clerk’s websites). My other big gripe is the HOA Management firms will also charge ridiculous fees for an Estoppel Letter (to verify the current owner is current on dues, etc.) and it should really cost no more than $50 but I’ve seen charges of $350. This is for a clerk to look up the owners account and type a form letter. Criminal overcharging and these HOA and Condo Management firms get away with it every day. Don’t get me started on the sleazy HOA and Condo Attorneys… In Florida an association can foreclose on an owner even for as little as a few hundred dollars. Sleazy HOA/Condo attorneys will get $2k if they start a foreclosure action versus trying to simply collect rents from the tenant occupying…
You both a re hilarious. "I love you, you love me, we're a happy family. With a great big hug and a kiss from me to you, Won't you say you love me too." Leave barney alone. 🙂
You both a re hilarious. "I love you, you love me, we're a happy family. With a great big hug and a kiss from me to you, Won't you say you love me too." Leave barney alone. 🙂
I would shoot myself before I ever lived in an HOA/COA after dealing with so many associations. I believe they should be banned. There are plenty of nice neighborhoods without HOA’s and everyone takes care of their homes without being policed.
As an appraiser an HOA is a good thing, but too much of anything can be bad. Tends to have problems in older developments when you have members trying to in force personal preferences and not minimum standards and do not employ a professional with respect to architectural design and paint colors or even not allowing to paint brick. When the HOA begins to overstep it hurts sales and younger buyers go to the new SD to avoid dealing with granny wanting to keep things they they used to be and wonder why the prices lag
As an appraiser an HOA is a good thing, but too much of anything can be bad. Tends to have problems in older developments when you have members trying to in force personal preferences and not minimum standards and do not employ a professional with respect to architectural design and paint colors or even not allowing to paint brick. When the HOA begins to overstep it hurts sales and younger buyers go to the new SD to avoid dealing with granny wanting to keep things they they used to be and wonder why the prices lag
HOA's purpose is to keep common areas in good repair. They however think, that their job is to write rules that overstep the bounds of free speech and homeowners rights according to their by laws. I've been on 2 different condo boards and if it wasnt in writing in the condo docs it was none of the HOAs business. But so check them to see if there are any free speach issues or enjoyment of property rights issues. Great clip btw on The Office. I can always count on you guys for a laugh. Great info Amla Kee! Just remember in condos you only own the inside. The rest is a community decission.
HOA's purpose is to keep common areas in good repair. They however think, that their job is to write rules that overstep the bounds of free speech and homeowners rights according to their by laws. I've been on 2 different condo boards and if it wasnt in writing in the condo docs it was none of the HOAs business. But so check them to see if there are any free speach issues or enjoyment of property rights issues. Great clip btw on The Office. I can always count on you guys for a laugh. Great info Amla Kee! Just remember in condos you only own the inside. The rest is a community decission.
The full story I read, was that the HOA docs stated that the color of the play set had to be of a color found in nature. Since the family saw purple flowers in yards etc. they submitted plans and the set was approved and it wasn’t until some code enforcement person saw the set from the road that a complaint occurred after the fact. The neighbors who adjoin this property were interviewed and had no problem with the playset that I saw. This was a case of an HOA not inquiring about the color and most likely assumed it would be a natural wood color but they were wrong to have not inquired. The homeowners built the set in good faith and had secured all the proper approvals. A case of HOA coming to the party too little too late. The courts sided with the homeowner which they should have since the homeowner exercised the proper procedures and followed the rules of the C&R for the community.
I live in this Lees Summit neighborhood. HOA fined them, they appealed it, ARB over turned it, and said the playset could stay. Rules for playsets regarding color, all it states is that it has to be in harmony with the surrounding neighborhood. At the ARB meeting, color was spoke about and since there are no "hard rules" regarding color, it just needs to be in "harmony", ARB found and decided the playset could stay. Then the HOA later decided to sue. No neighbors complained, most of us stood behind the Stouts, and they won the lawsuit. We live in a great community with great neighbors and more of us are getting involved now due to the turn of events..
I live in this Lees Summit neighborhood. HOA fined them, they appealed it, ARB over turned it, and said the playset could stay. Rules for playsets regarding color, all it states is that it has to be in harmony with the surrounding neighborhood. At the ARB meeting, color was spoke about and since there are no "hard rules" regarding color, it just needs to be in "harmony", ARB found and decided the playset could stay. Then the HOA later decided to sue. No neighbors complained, most of us stood behind the Stouts, and they won the lawsuit. We live in a great community with great neighbors and more of us are getting involved now due to the turn of events..
No Content,
No Content,
Where is this proposed law to hold the contractor liable for the acts of the subcontractors? Is this a federal, state, or city law???? I can’t find any reference to it on the National Association of Homebuilders Association. Help.
HOAs have gotten out of control in many neighborhoods. A large part of the problem is they are now being run by "professional" management companies, who's main concern is generating fees. One of the de facto restrictions they immediately implement is rental restrictions. Waiting for the lawyers to start tackling this issue in the courts.
HOAs have gotten out of control in many neighborhoods. A large part of the problem is they are now being run by "professional" management companies, who's main concern is generating fees. One of the de facto restrictions they immediately implement is rental restrictions. Waiting for the lawyers to start tackling this issue in the courts.
The NAHB thing is about labor law, not product liability…..its like making the broker responsible for the escrow officers vacation time.
HOA'S are important to keep the Real Estate values up. The bad new is that some of them are over the top.
HOA'S are important to keep the Real Estate values up. The bad new is that some of them are over the top.
Those home builders can afford it. They "steer" customers to their in house lenders and make a nice, tidy profit on the loan. Still waiting for the CFPB to ban this practice!
Those home builders can afford it. They "steer" customers to their in house lenders and make a nice, tidy profit on the loan. Still waiting for the CFPB to ban this practice!
I am dealing with HOA and they are causing me serious lost of sleep..I taught that they just keep common area in good repairs but hoa want to tell me that they want to take my legal wright to own a property..they want to have to say who I rent it to and what business can come in to my commercial unit.I purchase the unit zone C2 but hoa still giving me hard time…
I am dealing with HOA and they are causing me serious lost of sleep..I taught that they just keep common area in good repairs but hoa want to tell me that they want to take my legal wright to own a property..they want to have to say who I rent it to and what business can come in to my commercial unit.I purchase the unit zone C2 but hoa still giving me hard time…
People have to understand that a lot of the board members on the HOA, Your neighbors, try to change the CC&R.s into their own little Manifesto. Hence forth comes the term Condo Nazis.
I am in accordance with REORealtor1 – ALL HOA's are bad news. They have a little group of nitwits that ban together and keep swapping out jobs on the board so that their ninja group keeps control. They are all control freaks and love power. They obviously grew up with little or no self esteem and this power surge later in life is beyond all their dreams! If reincarnation is reality, then maybe they will all come back as a donkey – the real working class ass
I am in accordance with REORealtor1 – ALL HOA's are bad news. They have a little group of nitwits that ban together and keep swapping out jobs on the board so that their ninja group keeps control. They are all control freaks and love power. They obviously grew up with little or no self esteem and this power surge later in life is beyond all their dreams! If reincarnation is reality, then maybe they will all come back as a donkey – the real working class ass
I LOVE the color purple! HOAs are often over the top as to their concerns — sort of like “Big Brother”. As for me, personally, I plan never to own in any area with an HOA. I am renting within an HOA now and I feel badly for some of my owner neighbors who have fought against ridiculous rules and lost.