Do you think HOA's should be able to

[Hassin Bin Sober]

116. You know what happens when you don't comply or pay city fines, yes? I guess it's better when the government...

…. takes your house or places a lien on the property.

I get it, people get all worked up over sensationalized stories of grandmas being evicted by mean old HOAs. But there’s always another side of the story. The vast majority aren’t doing all those things people get triggered over when they see a news report.

The vast majority of HOAs are just trying to conduct business and get the bills paid. Having homeowners shirking their bills can be a real hardship for the other owners. And yeah, that goes for active service people too. Our insurance (largest part of our HOA budget) and water/sewer/garbage/gas/electric was still due regardless of whatever reason someone wasn’t paying their HOA dues. If Congress doesn’t want people in trouble over HOA dues, they should be picking up the tab - not making the other owners pay for their deployment.

When I got in to the mortgage business I used to scoff at rate risk/premium up-charges for HOAs because who ever saw foreclosures or massive delinquencies, right? Well living through the 2008 meltdown opened my eyes to how much risk you (and your lender) carry when you are linked to your neighbor’s financial situation.

You know, reading this thread reminds me why I would never live in a larger HOA. Not because HOAs are evil - because people in large HOAs tend to act like infants and treat the HOA like some out of state utility instead of a group of owners trying to handle business. I guess I was fortunate to live in HOAs with mostly adults.