Why Buy in an HOA Community?

by Brenda Wilson 05/16/2021

Photo by Robert Arthur Designs via Shutterstock

If you’re moving to a new city, particularly an area with new development, you may discover that most homes are part of a homeowner’s association. If you’ve never been part of one before, you might not understand their function and why they are useful within a neighborhood.

When an association functions properly, it improves the value of homes in the community. The rules and conditions keep your neighbors from infringing on your rights and vice versa.

Here’s a brief list of how your HOA benefits you:

  • It handles disputes between neighbors, so if your neighbor’s tree falls on your fence, the association mediates getting your fence repaired. Rules regarding approval for changes, renovations or upgrades to exteriors keep your neighbor from adding a second story that blocks your lake view or changing their exterior to a particularly obnoxious shade of orange.
  • It gives access to and maintains shared or common property. Typically, playgrounds, pools and parks fall into this category. In the case of condominiums and patio homes, the HOA often handles repairs to the exterior, roofs, elevators, garage doors and fences. Entry doors, hallways, and security also often fall under the jurisdiction of the association.
  • Many HOAs hire a property management service to take care of entry gates for a gated community, make agreements for waste removal and negotiate with the city regarding rezoning that might affect your home.
  • In some cases, HOAs handle the landscaping on the front of your home so that you only take care of your enclosed back yard or patio. For busy homeowners, this is quite an advantage. Other associations merely govern how long you can let your grass grow. This protects you from a negligent property owner that doesn’t take care of the house down the street.

While some of the rules may seem onerous, quizzing longtime residents can give insight into why one or another was added. A rule about basketball hoops in the driveway might make it seem as if they don’t want your kids playing out front. But perhaps the rule resulted from a freak windstorm that sent a freestanding basketball hoop across the street and through a neighbor’s window. Unless you ask, you don’t know.

Take time to attend your HOA meetings and become involved in the community. Even run for office and make your voice heard. If you have questions about living in an HOA community, your professional real estate agent can answer them.

About the Author
Author

Brenda Wilson

THE SARASOTA PARADISE GROUP - 2018 Craig & Brenda have successfully listed HOMES & CONDOS located in LAKEWOOD RANCH COMMUNITIES, and WATERFRONT, BEACHFRONT, GOLF COURSEs including many unique properties requiring their customized expertise. Many of their clients have relocated from around the globe including year-round and part-year owners. Craig is a Broker Associate and earned the Certified Luxury Home Marketing Specialist and the Certified Distressed Property Expert designation, and is also a New Home Specialist. Brenda is a licensed Realtor and earned her Certified Luxury Home Marketing Specialist along with numerous other designations. The Wilson's have a proven success record with tremendous staff & systems. As top listing agents, their marketing plan is professional, proven and includes an aggressive multi-pronged internet marketing campaign. Married since 1984, Brenda & Craig were both raised in upstate New York near Binghamton, where Craig graduated college with an accounting degree. After remodeling several homes of their own, they moved to Virginia Beach in 1986 to partner a start-up financial service business ALMOST A BANC, offering check cashing, money orders, Western Union and packaging services. Building to 19 locations with over 120 employees and gross revenues in excess of $3 million per year, they sold the company in February 1992 to a Bear Stearns subsidiary. Craig held his Virginia Real Estate license and negotiated dozens of commercial leases for check cashing & tax centers. In 1991, Brenda & Craig started Quick-File Tax Network (similar to H & R Block tax preparation centers). Quick-File Tax Network quickly expanded to 29 offices in Virginia & Maryland – offering Tax preparation services & refund loans. With 100+ employees each season, they processed 4,000 – 7,700 tax returns per season and then sold the business in 1995. Their custom-designed FEEBASE database, training & form kits were licensed by Mellon Bank for use by thousands of other tax offices around the country for several years. In 1994, Craig went to work as a Sales representative for McCarthy Enterprise that included relocating to Rockport, Texas and lots of travel, selling time management systems & journals to manufacturers of leather & vinyl planner covers. During this same time frame, Brenda started her career in Real Estate, working for Coldwell Banker, and then moved to a small luxury brokerage Key Allegro Real Estate in Rockport. Brenda was a Rookie of the Year in 1995 proving herself a valuable asset receiving various awards for top production. In July 1999, the Wilson's made their move to Tulsa, Oklahoma to pursue Bible College for Craig and start their real estate career together. Craig graduated Bible School and worked part-time as a Children’s Pastor for 3 years. During this same time, Brenda & Craig quickly evolved into a top real estate team averaging over 60 sales per year in 2000-2004. During their last year in Tulsa, the Wilson Hometeam was the number one Keller Williams Real Estate Team in the Tulsa Market with 80 sales. Systems were fine-tuned, followed by many happy buyers and sellers. In July 2004, the call of the sunny Gulf Coast climate and sales opportunities led Brenda & Craig to relocate to Paradise on Florida’s gulf coast in the Sarasota-Bradenton area. They transferred to Keller Williams Realty Select and have consistently earned many top production awards annually for the past 13 years. Craig and Brenda's team continues to evolve as their daughter, Jessica Coay, became team administrator in 2016 – working at the office 3 days a week. In 2017 she activated her real estate license and has now joined the team working with buyers and sellers. In 2017, they joined with Fine Properties. The Sarasota Paradise Group gives you the advantage of having multiple agents to hold open houses, show property, and watch the market continuously to assist our clients to navigate their real estate needs! If you’re considering selling or buying a property, let Brenda & Craig show you the benefits of working with an experienced team with a proven plan for maximizing your return. Call Craig & Brenda at (941) 321-8686.