I’m not going to get into the discussion over HOAs versus no restrictions, but this is a point well taken and one side of the HOA/deed restrictions discussion that rarely comes to light.
An HOA doesn’t “tell you how to live (right)”. Bylaws and covenants outline community standards that have to be met or exceeded. Most are pretty simple, but I do believe that for many who opt into a deed restricted community do so for the reason above - they’ve made a substantial investment in their home and want to do whatever possible to protect the value of their investment. I can assure you that property values for comparable homes that I see are noticeably higher for the property that’s in a deed restricted community. There’s a reason for this. Whether you live in a deed restricted community or not, you are probably not aware that your municipality has ordinances in place that serve much the same purpose, for example, the inability to render animals or make soap. I’ve seen these very restrictions in place on several properties we’ve owned over the years that were not in deed restricted communities. Sure, you’re not going to pull the “Granny from Beverly Hillbillies” stuff around your cement pond, but who’s to say your neighbor won’t decide to do so? My point is that HOAs or deed restrictions are not nearly as onerous as most people make them out to be, that’s all. -D > On Oct 21, 2019, at 1:35 PM, Andrew Strasfogel via Mercedes > <mercedes@okiebenz.com> wrote: > > Not to be a contrarian, but if you have hocked your financial future to > settle down as a homeowner in suburbia, isn't it in you interest to have > some assurance that a sloppy neighbor won't drag down home values? > > On Mon, Oct 21, 2019 at 12:06 PM Curley McLain via Mercedes < > mercedes@okiebenz.com> wrote: > >> The self-righteous, who want to be able to tell others how to "live >> right," want HOAs. >> >> Jim Cathey via Mercedes wrote on 10/21/19 9:19 AM: >>>> I can’t imagine anyone wanting to live somewhere with a HOA. >>> Sure you can: all the asshats are prime examples. >>> >>> -- Jim >>> >> >> >> _______________________________________ >> http://www.okiebenz.com >> >> To search list archives http://www.okiebenz.com/archive/ >> >> To Unsubscribe or change delivery options go to: >> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >> >> > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
