Since the onset of the pandemic, one question that has arisen increasingly for real estate attorney Justin Clark is whether or not it is better or not to live in a community governed by the HOA or something more rural, without a HOA. .
âIt’s not an easy question, because HOAs have good characteristics – they sure do,â Clark said. “They take care of things for you, but you still have to worry about who’s coming to measure your grass.”
Two real estate professionals from the Central Florida area joined Clark on âYou Have Real Estateâ to determine which one is better.
âYou have to have room for your toys. You want to spread your wings, âsaid Jack Lewis. âIt’s hard to live in a HOA because a lot of them don’t allow these toys to be in the yard. It’s hard to have your boat, RV, and RV in your yard when you’re in an HOA. When you’re in the countryside and have plenty of space, you don’t have a HOA (or) person to say ‘no’ to you.
âI live in an HOA and I think there are so many benefits that we take for granted when we are not in this HOA,â said Kristin Green-Vogt. âHowever, I think the trend is towards no HOA. There are a lot of people coming from places where COVID is strong, where they were in condos and townhouses and tight-knit neighborhoods, and they no longer want to be close to their neighbors (anymore).
The three discuss several topics regarding HOAs, including the cost of buying a house in a rural area versus a community governed by HOAs and accessibility, among others.
Watch the video above to learn more.