Quote:
Originally Posted by midiwiz
Nice write up, and in fact most HOAs have gone the hands off route due to the fact that the courts will side with the homeowner first in this state. The exception is the gestapo, sorry TV. I spent just shy of 4 years as a HOA president and what I can tell you is that a trampoline in the front yard does NOT decrease the value of the home and neighbors, it MAY inhibit a faster sale, but in this state the value is the value.
I have been witness to a person buying an abandoned home, stench inside, actually so bad it didn't only not pass inspection it also needed to be torn down and rebuilt due to the pipes in the foundation being broken. House sold, and not for cheap, it went for full price as if nothing was wrong with it.
So this stuff doesn't protect your values, what it does do is add to the marketing of the development. You've just been convinced over time that all these regulations are for your benefit, they actually aren't.
Took me a couple years in that HOA president seat to learn that lesson.
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Most of the United States is protected by local or state Zoning Regulations. Why? In order to orderly develop land, housing and businesses and protect land owners from near by, non-compatible uses.
Same as Deed Restrictions. If Developers didn't see value in them, they wouldn't adopt them. If Buyers didn't see the benefits, they wouldn't buy.
The reason Condominiums are so popular, is the same reason "managed neighborhoods" are so ubiquitous. People want to know what they're buying and know it will remain essentially the same.
Courts in the US, almost unfailingly enforce Zoning and Deed Compliance.