- Joined
- Nov 17, 2015
- Messages
- 13,981
I live in a "normal" SFH community (not a condo, still cut my own lawn, no gates, no club, but common areas, a small park and dock, are maintained). Low fee, low service kinda normal. Rules are somewhat loose and haven't changed much since the 80's.
Suddenly, our board proposes that they want amendments to require applications for any new rental or sale, with 30 days to approve, and include background checks, credit reports, etc. IOW, when i go to sell, I have to tell a buyer he must wait for a month and submit to a background check, before I can take the offer, potentially making another neighborhood with no wait seem far more attractive... Same for rentals even if the owner does their own checks (as I'm sure many do). And if I owned a rental in the neighborhood I'd look to sell and get rid of it vs. this malarkey.... (selling any time soon for me is not an option, but will be in about 5 years).
I'm concerned this will slow property sales, which hurts sale prices, and sounds like the sort of thing that hurts 100% of people for a potential .01% "catch" of someone with a dodgy past.
Anyone have an HOA with similar rules? I'm going to the board meeting tonight so arm me with good stuff!
Suddenly, our board proposes that they want amendments to require applications for any new rental or sale, with 30 days to approve, and include background checks, credit reports, etc. IOW, when i go to sell, I have to tell a buyer he must wait for a month and submit to a background check, before I can take the offer, potentially making another neighborhood with no wait seem far more attractive... Same for rentals even if the owner does their own checks (as I'm sure many do). And if I owned a rental in the neighborhood I'd look to sell and get rid of it vs. this malarkey.... (selling any time soon for me is not an option, but will be in about 5 years).
I'm concerned this will slow property sales, which hurts sale prices, and sounds like the sort of thing that hurts 100% of people for a potential .01% "catch" of someone with a dodgy past.
Anyone have an HOA with similar rules? I'm going to the board meeting tonight so arm me with good stuff!