Has ANYONE had a good experience with a Home Owners' Association?
Developers often assign open space to a HOA to take care of it. In my experience, though, the HOA never really gets off the ground and the "open space" becomes a vacant lot where people dump their trash. We'd be a lot better off if the developer just donated the property to an organization committed to open space preservation, like a land conservancy..Tom R said:I don't belong to a HOA but I keep hearing horror stories. Either they're too powerful and run like a little kingdom, they don't want to assess for major repairs such as private streets or they don't pay their taxes on open space and it is sold at sheriff's auction to a developer.