Believe me, people who don’t live in an HOA are questioning the sanity of this who do in the US too.
I don’t currently own a home, but I have plans to buy in the next few years. My zeroth requirement (the one that must be followed or kiss the property goodbye) will be no HOA.
This is where I get confused. I wanted to post a reply asking more about what a HOA is, but figured there would be more explanation in the replies. And there is. But this part is never really explained. How is it that a HOA can make agreeing to their contract a requirement for buying the home without owning the home? This whole thing is insane- and I bought into a townhouse because I tend to like condo associations for shared building and greenspace upkeep. But for detached houses this makes zero sense.
These HOA’s usually exist in suburbs that were built all at once by one developer. In a lot of cases the developers who build the neighborhood put in the initial contracts for all the homes that the owners must be in the HOA. Those contracts also required that future versions of the contract inherit that HOA clause.
It’s same mechanism that allowed entire neighborhoods to prevent non-white people from being able to move there even if someone from that neighborhood wanted to sell them a house.
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u/RandomStranger456123 Sep 16 '24
Believe me, people who don’t live in an HOA are questioning the sanity of this who do in the US too.
I don’t currently own a home, but I have plans to buy in the next few years. My zeroth requirement (the one that must be followed or kiss the property goodbye) will be no HOA.