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tiny
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# Posted: 26 Apr 2023 16:01 - Edited by: tiny
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What would you consider acceptable as far as rules or pricing? Everyone knows what HOA means but POA doesn't mean Police Officers Association. It means Property Owners Association. I had to look that one up.
I have found some that are less that $100 per year. Up in McCloud, There are 2.5 acre parcels that are $500 per year. I think mainly for snow removal and road maintenance. Up in Cottonwood, I saw some listing the said $1100 per month??? I am not sure if that is a typo but there is NFW that I would sign on to something like that even if it came with a happy ending.
The $100 per year is not bad. I might even go for the $500 per year after looking at the properties. That is as far as I would got. Even at that, it would not be easily. Does anyone have property where they have dues. I know everybody pays property taxes. Your opinions?
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frankpaige
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# Posted: 26 Apr 2023 17:28
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Gotta be an app for that?
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gcrank1
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# Posted: 26 Apr 2023 21:22
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Imo, any 'association' will only get more intrusive and higher priced over time; they are a red flag to me.
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Brettny
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# Posted: 26 Apr 2023 21:26
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I dont need help keeping my property up and I dont need anyone telling me what I can do with my property..the government alreaty does that enough.
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jsahara24
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# Posted: 27 Apr 2023 09:23
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Quoting: gcrank1 Imo, any 'association' will only get more intrusive and higher priced over time; they are a red flag to me.
This is exactly how I feel...
My client bought a condo in Florida last year, this year he got a 60k "special assessment" to make repairs to the building/common areas....No thank you....
My boss lives in an HOA and they regulate the color of your siding, along with a million other things of course....
I'll stick with my rural living and doing what I please..
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Nobadays
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# Posted: 27 Apr 2023 09:50
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The area our cabin is in does have an HOA. For the most part it does protect the area from undesirable land use, such as homesteads with livestock and live-in broken down RVs. We are so remote that the cabins would be easy pickings for burglars so the HOA hires a caretaker who lives year-round in the community and patrols regularly to dissuade possible thieves. In addition the HOA maintains the roads and plows the FS road for winter access. These are all important things we would not have without an HOA.
The drawbacks are, architectural committee that reviews plans, only wood siding, must blend into the existing community, etc. Not horribly restrictive but yes, big brother looking over your shoulder. Presently we are going through an amendment process on the covenants which is interesting. A committee revised them then asked us to vote yes or no. No thought was given to a review period or how that would be done. Several of us yanked them up short and have forced a review process.... they are receiving a lot of feedback. The "Special Assessment" section is suggested to have limits and the need to be voted upon at the annual owner's meeting. It is yet to be seen if they use that feedback for edits.
There are pluses and minuses to an HOA/POA. Would I buy again where one is in place? It would depend on how intrusive the Board is in general and what the covenants looked like, and if it would align with my view of community. In our case the good out weights the bad.
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gcrank1
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# Posted: 27 Apr 2023 11:12
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Members of the committee(s) change as well as the mix of the homeowner 'types', what is now wont be what is in the future.
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ICC
Member
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# Posted: 27 Apr 2023 16:41
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There is no one-size-fits-all HOA/POA set of covenants, what is covered, etc. Read all the pages of the agreement before making a decision. There can be significant advantages as Nobadays mentioned; snow removal and an on-site caretaker for example.
I don't live on an HOA/POA property but a couple of the family do. I along with some family members own properties with HOAs that are used as annual or seasonal rentals ( 6 to 7 month ski season).
One of the best things one can do if becoming part of an HOA/POA is be an active participant in the management or at least pay attention to what transpires at the meetings. Primary is to read the agreement, be clear on understanding the terms and think about what the covenants are stating. Many times I feel, that with a recreational use property, there may be more positive things than negatives. Depends on what you want.
As far as what can change with rules state law will have strict limits. That too can vary from state to state, with how covenant change must be voted on. Something else that can be useful to know ahead of time.
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toyota_mdt_tech
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# Posted: 27 Apr 2023 20:18 - Edited by: toyota_mdt_tech
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I have dues, it was $100 per lot in the beginning, its now 185 per year.
I have 2 lots, side by side, I could conjoin them and pay 185 for the now one lot. Am considering it.
The dues pays for all road maintenance, snow plowing, weed spraying. Washout repair, clearing branches encroaching onto the roads etc.
I dont cosider it to be a bad deal at all. I have never went up there in the winter, but I could. They do tall property owners who plan on winter use to put a colored ribbon by their driveway, they will keep the berm of snow clear. Otherwise, you are not driving in.
Basically a road maintenance, no real police state stuff.
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Brettny
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# Posted: 27 Apr 2023 20:21
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Quoting: Nobadays hires a caretaker who lives year-round in the community and patrols regularly to dissuade possible thieves. In addition the HOA maintains the roads and plows the FS road for winter access. These are all important things we would not have without an HOA
These are all things that can be had with out a HOA. None of them are very specific to an HOA and many weekend or seasonal cabin owners have all this in place. But it really does all come down to the HOA board and the property owner.
For our property it's on a seasonal rd so the live in RV, livestock and general trash neighbors arnt an issue. Having your standard theif snowed out 6 months of the year also helps some. One major thing that I feel also helps is our road isnt a short cut to any where.
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tiny
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# Posted: 29 Apr 2023 13:11
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I wanted some feedback before giving my feelings/ thoughts. The house I live in now was purchased in 1972 by my parents. The HOA dues back then were $45. Over the years they have increased to $650 per month. Speaking to a neighbor, she told me they were increased to $725 +/-. To say that I hate HOAs is an understatement. I have told family and friends that if the cemetery they plan on putting me in has a HOA, I want you to just dump me in a ditch. I despise my HOA. A bunch of losers that are given a whistle and now they rule the world. But, if the properties I am looking at have HOAs for snow removal, etc. I think I would be OK with that...I think. We'll see.
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gcrank1
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# Posted: 29 Apr 2023 16:39
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Wise words from The Gambler:
You got to know when to hold 'em
Know when to fold 'em
Know when to walk away
And know when to run
Id be running getting away from that place asap.
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tiny
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# Posted: 29 Apr 2023 18:33
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Is he a member on this site?Sounds like a smart guy or gal.
As far as my current living situation, I will out within 2 months. I had a 15 year mortgage that was less than the HOA dues.
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Nobadays
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# Posted: 29 Apr 2023 18:46
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Quoting: Brettny These are all things that can be had with out a HOA. None of them are very specific to an HOA and many weekend or seasonal cabin owners have all this in place.
Sure, maybe in some areas.... Our road in... 22 miles... is plowed when it becomes impassable which is generally anything above 18-24" . This year the plow was called in 5 times after storms: 5 × 3,000 = $15,000. The caretaker is paid $1,200/month for 7 months: $8,400.
My HOA fees are $350/year.
But it all come down to the covenants, enforcement of the same and if they are inline with the property owners mind set.
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ICC
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# Posted: 29 Apr 2023 20:43 - Edited by: ICC
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Using the CPI, $45 in 1972 is $330 today. So almost double... what extra benefits are included in the present $650?
That said, $650 or more does seem like a significant amount.
I pay $155 a month HOA fee for each of a few rental condos I have and that includes all maintenance of the bldg exteriors, the grounds and roadways as well as replacement of the heating and cooling equipment, water heaters, etc as needed. The managers have a large saved up fund to cover that sort of thing.
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