A recent column on Motley Fool’s www.Fool.com website caught the attention of our firm’s South Florida community association attorneys. Author Christy Bieber begins by noting the negative perceptions toward HOAs that she and her husband shared, but she ultimately acknowledges their benefits and appeal.
“Living in a neighborhood with a homeowners association (HOA) has always seemed like a huge hassle to me. Several times, my husband and I have walked away from buying a home we love in an HOA neighborhood because of the ridiculous rules and restrictions applied to homeowners or because of the high fees the neighborhoods charged,” begins her column.
“We didn’t want to commit to huge monthly costs on top of a mortgage payment, or have our association tell us what kind of flowers to plant. And we’ve also lived in HOA neighborhoods where the association was disorganized and caused nothing but trouble.”
She notes that they vowed never to buy a house in an HOA neighborhood again, but they have now changed their minds and are looking to buy a property in a community with a strong association.
Why the change of heart?
“We really fell in love with the neighborhood,” she writes.
Bieber notes that it is ideally located, near their favorite stores and restaurants, and hosts fun special events. She also loves the miles of walking trails that wind by beautiful lakes and streams. Rather than sitting in traffic to visit the area, they decided their best move would be to make the community their home.