Started building a house in 1/21. Against my will, agreed to pay the $500 annual HOA fees. Moved in the house 11/23/21. Was in the home less than 90 days and received a letter in the mail requesting payment for a $289 "assessment". I avoided it for probably 2-3 months until I received a notice that a lien was going to be filed against my property if I didn't pay up. Paid it and within 60 days received another "assessment" for $165! These HOA mfer's are nothing more than a money grab! They can and will charge you "fees" any time they want to and there's nothing you can do about it short of selling your home and moving.
Started building a house in 1/21. Against my will, agreed to pay the $500 annual HOA fees. Moved in the house 11/23/21. Was in the home less than 90 days and received a letter in the mail requesting payment for a $289 "assessment". I avoided it for probably 2-3 months until I received a notice that a lien was going to be filed against my property if I didn't pay up. Paid it and within 60 days received another "assessment" for $165! These HOA mfer's are nothing more than a money grab! They can and will charge you "fees" any time they want to and there's nothing you can do about it short of selling your home and moving.
In many jurisdictions there will be due warning - revealing/acknowledgement of the HOA and its powers is part of the advertising/selling/buying process.
Started building a house in 1/21. Against my will, agreed to pay the $500 annual HOA fees. Moved in the house 11/23/21. Was in the home less than 90 days and received a letter in the mail requesting payment for a $289 "assessment". I avoided it for probably 2-3 months until I received a notice that a lien was going to be filed against my property if I didn't pay up. Paid it and within 60 days received another "assessment" for $165! These HOA mfer's are nothing more than a money grab! They can and will charge you "fees" any time they want to and there's nothing you can do about it short of selling your home and moving.
In many jurisdictions there will be due warning - revealing/acknowledgement of the HOA and its powers is part of the advertising/selling/buying process.
When we bought we were told “no HOA” and I have paperwork to prove it. The developer behind everyone’s back went and registered the neighborhood as multiple HOA’s. Each phase has their own HOA unless they got the 80% by state law to to over ride it. The only reason we agreed to keep ours is it’s the only was we could keep our street lights on. In AK, HOA’s follow the same laws as. On-profits so it was pretty painless for the developer to register the HOA’s with no one knowing about it. About 4 years ago I got on the board and we lawyered up to do away with the HOA. Found out that was a bigger headache then it was worth so the dues pay for street lights only, plus insurance, and a management company. We found out we have to enforce the CCR’s by AK law or we can be sued. Luckily. It’s $11 a month fee, and once we have a $10K retainer it drops even lower due to the bylaws we wrote in.
A lot of the HOA's have management companies handling them .Those are the worst. If the covenants have a clause where assessments or fines may be applied by the BOD, you are screwed. When your closing was done,you signed a document saying you agreed to them.Screwing number two.It goes down hill from there.
If God wanted you to walk and carry things on your back, He would not have invented stirrups and pack saddles
1. Not using a third party home inspector - and never, ever, ever use the one your realtor recommends. 2. Not reading and comprehending the HOA covenants, balance sheet, and planned assessments.
HOAs have extraordinary power over you. Better understand what you're about to get into. From my experience, the smaller the HOA, the more draconian and ridiculous they become. And watch the hell out for Property Owners’ Associations (POAs). They have the power to evict you from your home for noncompliance and past due fees and assessments.