Central Coast Real Estate: 5 Reasons You Shouldn’t Buy a Home in an HOA development
1) You don’t like mowing your lawn. If you like for nature to take its course with your front lawn, you may not like the experience of living in an HOA community. You may get letters and/or fines for trying to get back to nature.
2) You think paying monthly fees sucks. Yes, and those monthly fees could also increase. If you don’t like the idea of paying monthly fees or the prospects of fee increases, an HOA development may not be for you.
3) You love your RV or boat. If you want to keep your trailer near you, you may not want to live in an HOA development. Most Central Coast HOAs have rules that either entirely prohibit parking recreational vehicles or severely restrict their parking.
4) You want to paint your house purple. Most HOAs are going to weigh in on the choice of color for your home. So, if you are on the eccentric side when it comes to color, you may have trouble getting your color choice by the Architectural Review Committee of your HOA.
5) You don’t like people telling you what to do. In general, if you don’t like some group or organization having authority over you, a home with an HOA may not be right for you. HOAs communities generally look nicer than other communities because they demand that home owners keep their property up to a certain standard, but the price paid for that is being monitored and giving some authority to the HOA over you.
Looking for a home outside of an HOA development? Call me at (805) 878-9879 so I can give you a list of available Central Coast homes that are outside of an HOA development.
Tni LeBlanc, Broker
Mint Properties
Copyright © Tni LeBlanc 2010 *Central Coast Real Estate: 5 Reasons You Shouldn’t Buy a Home in an HOA development*
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