Mary O'Brien's Blog
Many homeowners have a difficult relationship with their homeowners association. On the one hand, the HOA helps your community stay safe, clean, and makes it a desirable place to live which improves the property value of your home. But, on the other hand, homeowners associations can be a problem if you want to make a change to your property that they disagree with.
In this article, we’ll talk about some common issues that homeowners face in their dealings with homeowners associations and give you tips on how to handle them so that you’ll have the best possible outcome.
Study the rules carefully
It may seem like a nuisance, but your best defense when dealing with the homeowners association is to understand what’s expected of you. Not only will it help you stay on good terms with the HOA, but it will also make it easier to understand what your options are.
It’s a good idea to understand these rules and bylaws before you ever move into the neighborhood, but it’s never too late to learn them. It might help you later on down the road should you want to paint your house or build a new structure in your yard.
Introduce yourself to the members
It’s best to get off on the right foot with the other members of your homeowners association. You don’t want your first meeting to be a complaint against you, nor do you want to introduce yourself to someone only to make a complaint against someone else.
It will also give you a chance to ask questions about the community and to get an understanding of how easy or difficult it is to deal with the regulations of the homeowners association.
Don’t assume ill-will
If you find that a complaint has been raised against you, don’t act immediately. Take some time to compose your response and be sure to acknowledge the complaint. Odds are that the other members of the HOA aren’t there just to give you a hard time.
Choose your battles
There are some things worth fighting for when it comes to your home. However, you don’t want to be repeatedly challenging the HOA on small issues. Stick to the rules on the things that aren’t hugely important, that way other members won’t come to expect issues from you.
When you’re required to get permission from the board before making a change to your property, be sure you follow the steps laid out in your agreement. Doing so will avoid any unnecessary conflict.
Pay all dues and fines on time
Even if you are in the middle of a disagreement with the HOA, it’s better to continue paying your dues and fines that to leave them outstanding. If you don’t pay, you risk further penalty, including fees.
Plan ahead if you want to change the rules
If you’re dissatisfied with some or man of the rules of the homeowners association, odds are you’re not alone. First, start by talking with other neighborhood members. If they have similar views on the rules in question, you can bring them up collectively at the next meeting.
Your second option would be to run for the board and try to enact the changes yourself. However, you should never seek a position out of spite or anger. Only volunteer your time and effort if you want to lend a hand in your community and make life better for all of the inhabitants.
If you’re looking for the perfect location to live but can’t quite afford the neighborhood that you’re vying for, a good option is to look for what’s deemed a "up and coming" neighborhood. These areas are where buyers can find the perfect house in a place where property values are only going to increase in the coming years. Buyers may feel that this is a gamble. How can you really tell if a neighborhood is one of these areas? There are a few vital signs that you can find below which show a city or town is on the up and up.
New Concept Businesses Are Moving In
If you hear a new grocery store is going in an area, co-working spaces, or vegan restaurants are coming to town; it’s a good sign that the neighborhood is going to be a happening place very soon. Think organic, Millennial minded ideas that are trendy. The key is to find the things and places that people want most. If you can move into one of these areas before it becomes popular, you have struck property gold.
Public Transportation Is Nearby
In any urban area, being near public transportation is a huge plus. Being near any major transit is great for property values. Even homes near major routes are attractive. People will always want easier access to work and the things they need.
Think About How An Area Is Perceived
Cities across the country have flipped from having negative connotations to being an area of luxury. It happens slowly, but it starts with how desirable people believe the area to be. What’s considered “hip” can really affect the way an area is perceived.
Are The Homes In The Neighborhood The Same?
There’s often much potential in neighborhoods where all of the homes have the same design. If you see homes in a place where properties could use some TLC, it may be an opportunity for you. Other buyers or house flippers may have the same idea. It will be like a domino effect, and the neighborhood will turn around quickly.
How Long Have Homes Been On The Market?
If houses in an area have been on the market for an extended period, it could be an opportunity for you to get a bargain. Buyers may shy away from a home just because the area is less than ideal. Your real estate agent can help you to determine places where homes have been on the market for awhile.
222 Somerset Ave, Taunton, MA 02780
The homebuying journey may be long and arduous, regardless of whether you're pursuing a house for the first time. However, if you bring your A-game to the homebuying journey, you can speed up the process of finding and acquiring your dream residence.
Now, let's take a look at three tips to help you bring your A-game to the homebuying journey.
1. Establish Homebuying Criteria
There is no need to waste time and resources as you search for your ideal residence. Thankfully, with homebuying criteria in hand, you can streamline your home search.
Consider the cities and towns where you may want to reside. Then, you can narrow your house search to a select group of cities and towns.
Also, think about the features you want in your dream house. If you want to own a residence that offers a beautiful outdoor swimming pool, for example, you can hone your house search accordingly. Or, if you require a home that provides multiple spacious bedrooms, you can pursue houses that match your criteria.
2. Get Pre-Approved for a Mortgage
Pre-approval for a mortgage is paramount, particularly for homebuyers who want to know exactly how much they can spend on a residence. If you meet with banks and credit unions, you can get pre-approved for a mortgage in no time at all.
Of course, when you meet with banks and credit unions, don't hesitate to ask home financing questions. Banks and credit unions employ knowledgeable home financing professionals who can teach you about the differences between fixed- and adjustable-rate mortgages and much more. As such, these professionals can help you make an informed mortgage selection.
You should consult with a variety of banks and credit unions, too. That way, you can learn about all of the mortgage options at your disposal and choose a mortgage that suits you perfectly.
3. Work with a Real Estate Agent
Ultimately, there is no reason to work alone when you search for your ideal home. But if you hire a real estate agent, you can receive expert guidance as you navigate the homebuying journey.
A real estate agent knows the ins and outs of the housing market and is happy to share his or her homebuying insights with you. Plus, a real estate agent will craft a plan to help you quickly discover your dream home. And if you are concerned about acquiring a house at the lowest-possible price, a real estate agent is ready to negotiate with a home seller on your behalf as well.
Furthermore, a real estate agent can guide you through the home closing cycle. He or she will help you finalize your home purchase and ensure you can relocate to a new house without delay.
Bringing your A-game to the homebuying journey can make a world of difference in any housing market. By using the aforementioned tips, you can simplify your home search and accelerate the process of acquiring your dream residence.
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