RM (Indiana)
Posts: 2
Posts: 2
Posted:
We live in a nicer established neighborhood that has had a HOA since day one , it just was voluntary. Well as the 20+ years has gone by the HOA has become more of a paper tiger and the improvements being done are being paid for by fewer and fewer members (membership dropping). The improvements are things such as victorian street lights, electricity for them, up keep of entrances and plants ect.. We have lived here for 2 years and joined the HOA because I believe that they are typically a good thing for controlling property values (as much as possible that is). We have had in the recent same time many new owners (older couples leaving and new younger families coming in) which is great because of the improvements and work people are putting into the houses. As typical though you get some yahoos coming in a not doing the same. We have covenants which state no barns ect. but some moron brought his old one with him from his previous residence (can you imagine). Also there have been others who the idea of cutting their lawn is once every 2 weeks and recreating the hay fields of the midwest. We are now beginning the initial stages to look at converting our neighborhood into a mandatory HOA. Has anyone had any experience with this? Thanks for any info.