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<p>[QUOTE="desertgem, post: 7941481, member: 15199"]The HOA is not composed of 1 person. The rules and regulations the HOA has to follow are strict and city approved. The HOA in all states that I know has to have a board of a set number of individuals who own a parcel/house within the HOA division. Even I have been an elected representative on a large HOA, few want to do it, as they do not want to mess with neighbors problems or extremes, and they do not want someone to fly political or obnoxious flags , banners , or repair others cars in the street. You do have to pay your dues and follow the rules. If any owner has wild parties and shoot guns in the air, every friday, they will receive a warning and a fine; repeat and they legally can be removed . If you have fully paid off your house, you can take it with you or sell it with the same approval needed to someone else. You know the rules before you sign. People like others to take care of all of the problems and act quickly if there are problems. The Cities love HOA, as they are easy to monitor. In most areas HOA gain in resale value nearly 1.3-1.5X more than privately owned houses/lots. Last year prices almost doubled in North Arizona. They tore down motels and hotels near the highways and turned them into HOA attached units. </p><p>IMO Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 7941481, member: 15199"]The HOA is not composed of 1 person. The rules and regulations the HOA has to follow are strict and city approved. The HOA in all states that I know has to have a board of a set number of individuals who own a parcel/house within the HOA division. Even I have been an elected representative on a large HOA, few want to do it, as they do not want to mess with neighbors problems or extremes, and they do not want someone to fly political or obnoxious flags , banners , or repair others cars in the street. You do have to pay your dues and follow the rules. If any owner has wild parties and shoot guns in the air, every friday, they will receive a warning and a fine; repeat and they legally can be removed . If you have fully paid off your house, you can take it with you or sell it with the same approval needed to someone else. You know the rules before you sign. People like others to take care of all of the problems and act quickly if there are problems. The Cities love HOA, as they are easy to monitor. In most areas HOA gain in resale value nearly 1.3-1.5X more than privately owned houses/lots. Last year prices almost doubled in North Arizona. They tore down motels and hotels near the highways and turned them into HOA attached units. IMO Jim[/QUOTE]
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