The Importance of a Home Owners Association: (The case of the purple house)

April 26, 2012

Purchasing a new home is the most costly investment most people will ever make in their lives. They spend months researching to find the best builder, the most desirable community, and the ideal floor plan to accommodate their family. When moving day finally arrives there are no words to describe the excitement, satisfaction and joy experienced as the moving van pulls away from the driveway after unloading all the family treasures into the new home! Yahoo!!! This is ‘living the American dream’!

Everything is perfect! The house, the yard, the neighbors, the neighborhood….life is good. You expect it to continue to be this way for many years to come. And as well you should! You have made a substantial investment not only in your new home, but in your new community as well. So, imagine the day you walk outside to discover that your next door neighbor’s teenage son has decided to start a rock band in his garage, and practice every day and night with the 8 other members of the band. And then the neighbor on the other side of your home erects an 8 “ pink fence around the entire perimeter of the property. And finally, you fun-loving neighbors from across the street paint their entire house bright purple! All of a sudden your little slice of paradise on earth has transformed into the ‘Land of the Misfit Toys’!

If your new home community has a Homeowners Association (HOA), the exaggerated situation
described above would probably never happen, or if by some off chance it did, it would be resolved very quickly by the HOA. HOA’s are formed in order to keep the neighborhood running in accordance with the Covenants, Codes and Restrictions of the community. In essence, they are protecting YOUR valuable investment! HOA’s can also represent the community on your behalf to resolve disputes that may occur among neighbors. In other words, HOA’s are protecting your valuable investment.

There is a tremendous sense of pride that comes with new homeownership. The HOA works to preserve and protect that sense of pride for its community and its residents. Annual fees are paid by the homeowners to insure that the neighborhood stays in pristine condition, the amenities and common areas are maintained and well kept, the neighborhood retains its beauty and (most importantly) the homeowners retain their sense of pride in home ownership. The HOA acts as an additional insurance that protects the wellbeing of your community and insures that your neighbors keep their purple paint on the INSIDE of their home!

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