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Started By
Message
re: HOA- Annual Dues increase
Posted on 10/5/14 at 5:53 pm to Tigerpaw123
Posted on 10/5/14 at 5:53 pm to Tigerpaw123
I am the treasurer for my HOA. I spend about 4 hours a month doing the job. Neighbors think this is our full time job. We keep about 30k in the bank. Mostly for our nice fence to be fixed in case of a storm and money in case some dumbass hurts himself on our property them we would have attorney costs. Plus our monthly lawn care is very high.
Don't bash your hoa board members. It is a thankless job and I only do it because 95% of the neighborhood rathers bitch then get involved.
Don't bash your hoa board members. It is a thankless job and I only do it because 95% of the neighborhood rathers bitch then get involved.
2
Posted on 10/5/14 at 5:54 pm to Tigerpaw123
Yea, from what i have seen, most HOAs are run my the developer until either a set number of lots are sold or all lots are sold. at that point it is turned over to the residents, where board member elections are held and the home owners can vote to change bylaws and dues.
until then the developer is the sole voter, IE the dictator, of the HOA
until then the developer is the sole voter, IE the dictator, of the HOA
Posted on 10/5/14 at 5:54 pm to Tigerpaw123
duplicate post
This post was edited on 10/5/14 at 5:55 pm
Posted on 10/5/14 at 6:05 pm to ColdDuck
quote:
Don't bash your hoa board members. It is a thankless job and I only do it because 95% of the neighborhood rathers bitch then get involved.
I have served for 6 years on my board as well. Too long.
Posted on 10/5/14 at 6:34 pm to LSUEEAlum
It is funny that a HOA president usually has more power than any elected government official.
frick with them long enough and they will be able to lien your house until foreclosure.
frick with them long enough and they will be able to lien your house until foreclosure.
Posted on 10/5/14 at 6:35 pm to ColdDuck
quote:
Don't bash your hoa board members. It is a thankless job and I only do it because 95% of the neighborhood rathers bitch then get involved.
What pressing matters have you solved? Really curious because most of the people I know that volunteered were housewives or trying to advance their own agendas.
Posted on 10/5/14 at 6:52 pm to fightin tigers
quote:Seriously? I have no problem with following the rules of the subdivision I CHOSE to move into. And having my realtor provide me with the neighborhood restrictions and covenants ahead of time I fully understand that the HOA and its president cannot just do what they want.
It is funny that a HOA president usually has more power than any elected government official.
Posted on 10/5/14 at 6:58 pm to LSUEEAlum
That neighborhood is poorly built
I remember seeing the house next to the big brick house for sale being built. That fill sand he put in instead of clay for a pad was slop. That house will have big problems soon
I remember seeing the house next to the big brick house for sale being built. That fill sand he put in instead of clay for a pad was slop. That house will have big problems soon
Posted on 10/5/14 at 7:00 pm to jbgleason
Holy crap they can put a lien on your house?
Posted on 10/5/14 at 7:01 pm to The Cool No 9
quote:For non-payment of dues? Absolutely.
Holy crap they can put a lien on your house?
Posted on 10/5/14 at 7:03 pm to LSUEEAlum
Most HOA by-laws include a provision allowing the Board of Directors to unilaterally increase dues up to a certain percentage to cover expenses.
Posted on 10/5/14 at 7:03 pm to tigeraddict
quote:
Yea, from what i have seen, most HOAs are run my the developer until either a set number of lots are sold or all lots are sold. at that point it is turned over to the residents, where board member elections are held and the home owners can vote to change bylaws and dues. until then the developer is the sole voter, IE the dictator, of the HOA
now that you said it, this actually makes some sense to me...the developer has the most to lose if the residents let the place go to shite before he has the place sold out....
Posted on 10/5/14 at 7:04 pm to fightin tigers
quote:
It is funny that a HOA president usually has more power than any elected government official. frick with them long enough and they will be able to lien your house until foreclosure.
No way in hell I will put myself in a situation like this.
Posted on 10/5/14 at 7:13 pm to Ponchy Tiger
quote:Beats the hell out of having your neighborhood turn into a shite hole and have your property value go down the toilet. Granted, it's not for everyone. There is a lot of good in owning a rural lot if you can find one. But to say that HOA's serve no positive purpose is ridiculous.
No way in hell I will put myself in a situation like this
Posted on 10/5/14 at 7:20 pm to potent357
Don't vilify every HOA. Keeps the yards looking decent, and pays for upkeep of the neighborhood pool. Without a pool, I wouldn't pay much (currently 50 bucks a month with pool, neighborhood park, cutting grass on common areas)
Posted on 10/5/14 at 7:24 pm to Ponchy Tiger
quote:
No way in hell I will put myself in a situation like this.
Hate to say it, but if you live in the US you are open to it. HOAs can be imposed on you even in somewhat rural areas. I forget the rules, but I remember some legal shite from back in college about these issues.
Your best bet, try to become HOA president and rule with an iron fist. Slowly alter the bylaws to make yourself dictator.
Posted on 10/5/14 at 7:26 pm to potent357
quote:
I fully understand that the HOA and its president cannot just do what they want
keep believing that. Most don't require a vote of the residents and can do some shady things. Housewives are the worst people to be in control because it is the only power they have.Posted on 10/5/14 at 7:29 pm to The Cool No 9
quote:
Holy crap they can put a lien on your house?
And their bylaws can extend to controlling your ability to renovate and repair your house.
You make the payments, but any major visual changes are subject to someone else's approval. Do it anyway, they'll fine you. Don't pay the fine, they'll take it out of the equity of the home.
One hilarious outcome was when one homeowner sued because someone on a power trip was getting spiteful...the HOA lost in court and had to pay all legal fees. Had to sell the community lot to pay for it.
And they actually left ANGRY at the "selfish" people who tore apart the community because they just had to have their deck.
You have to agree to it, but there is nothing to stop you being bound to a deal breaker rule AFTER you move in. If you are in the minority, frick you. And while not all HOAs are bad, the structure often allows it to be easily corrupted.
This post was edited on 10/5/14 at 7:30 pm
Posted on 10/5/14 at 7:32 pm to potent357
quote:
Beats the hell out of having your neighborhood turn into a shite hole and have your property value go down the toilet. Granted, it's not for everyone. There is a lot of good in owning a rural lot if you can find one. But to say that HOA's serve no positive purpose is ridiculous.
agreed...when I was looking for houses, I eventually noticed that the neighborhoods that I liked the most happened to be the ones with strong covenants...never though I would go for that kind of shite, but if you are looking to protect your investment, they are the way to go...
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