Ok guys , I will be retracting my offer tomorrow morning. Thank you for the information. I guess the fact that their CCRs are about 46 pages long should be my first red flag.
Ok guys , I will be retracting my offer tomorrow morning. .
The house is not an improvement.It says they can enter into any improvement on the lot. You're giving them permission to enter your house, forcefully if necessary, and any damage done during entry is on you.
HARD PASS on this one. I don't care what the market is, do not bid on this house.
Interview with other residents in the HOA to ascertain how likely it is this could happen.. go straight to the source. Many HOAare money grabs and are run by liberal control freaks.. probably want to be careful.I am asking for interpretations/opinions. Ive always rented and not 100% familiar with single family home HOAs. Is my understanding correct to assume they can just walk in with 24 hours notice?
I wish I had that option but with the market the way it is most non HOA homes are going for 30-50k over asking and I dont have that kind of money.
Brother...hire a lawyer. It'll be money well spent. Negotiate that sh@#.First time home buyer who is out there submitting offers. One of the houses I really liked had some interesting verbiage in their CCRs. Im not the best at legal words but I see they are allowing themselves to enter the property.
What I cant distinguish is if they are referring to the exterior of the house as "Lot" or the property in general as "Lot" . I dont want these California wanna be commie bastids in my house for "improvement/enforcement purposes. Them walking on the outside doesnt bother me as much. The house in question is located in Round Rock if that helps .
Bear with me and my lack of photo resizing skills. Thank You.
https://www.settlersparkhoa.com/governing-documents < Website
Declaration- Settlers Outlook > Section 4.03 : Right of Entry & Enforcement
In the above link is where the CCRs are located.
I will be in prison if I ever have to live any place with a HOA.
Nope, I couldn't do it!
The house is not an improvement.
First time home buyer who is out there submitting offers. One of the houses I really liked had some interesting verbiage in their CCRs. Im not the best at legal words but I see they are allowing themselves to enter the property.
What I cant distinguish is if they are referring to the exterior of the house as "Lot" or the property in general as "Lot" . I dont want these California wanna be commie bastids in my house for "improvement/enforcement purposes. Them walking on the outside doesnt bother me as much. The house in question is located in Round Rock if that helps .
Bear with me and my lack of photo resizing skills. Thank You.
https://www.settlersparkhoa.com/governing-documents < Website
Declaration- Settlers Outlook > Section 4.03 : Right of Entry & Enforcement
In the above link is where the CCRs are located.
The house is not an improvement.
Spend $200 and talk to a good real estate attorney. Might as well get the right answer. And they may have some other wisdom to share as well.I am asking for interpretations/opinions. Ive always rented and not 100% familiar with single family home HOAs. Is my understanding correct to assume they can just walk in with 24 hours notice?
I'd like to hear your explanation of this one.The house is not an improvement.
One, if you line something out, initial the change and make sure an authorized representative of the seller and the HOA also initials. Worthless otherwise. The HOA contract is with the HOA, so having just the seller initial will probably not be sufficient.It's a contract, thus if you really have an issue with it YOU have the ability to line out the whole paragraph and initial/date it and see where it goes from there. At that point, they can say yes, or no to you living within that community. Looking at the wording and the "teeth" that the contract states I too would have a big problem with me signing off my 4th amendment to these goons.
In short, the paragraph is stating that "they" the HOA or its affiliates can lawfully enter or step foot on your property and dwelling at any time they feel it is necessary to enforce THEIR rules. Any damage "they" cause is on you, and any injuries sustained by anyone on your property will be on you and they cannot be held for trespass or litigation (lawsuit). This also applies to utility easements and any areas fenced off on your property.
That being said, I will be the devil's advocate here because, in reality, there is a 99.99% chance that NOTHING will ever happen to you on the property, and this document is protecting "them" if they ever have to enforce something on your property. As long as you agree to the rules of the HOA, such as paint schemes, landscaping, noise rules, things that can be seen from the sidewalk, etc., you will be fine. HOA's are made to protect the property values of your neighbors, so if you plan on opening up a mechanic garage and have a bunch of old/wrecked cars they can go after you. OR if you want to paint your house pink or bright yellow, they can stop you. Pretty much anything that can hurt the property value or bring negative attention to the community can be stopped. You are paying for enforcement of said rules, and understanding that your neighbors will comply as well. The keyword here is COMPLY... you comply or get out and that doesn't sit well with most people.
I agree with everyone here, if you have an option to not buy within an HOA then take that route. But if it is your only choice, then weigh the risks and make a decision from there. Either way, you should be ok.