I have frequently seen real estate ads that actually say "No HOAs" as a 
selling point.  Just the opposite of what it was like 20 years ago or so.


On Apr 23, 2012, at 3:16 PM, Ron D'Eau Claire wrote:

> My XYL is a real estate broker here in Oregon and one of the things most
> often found on a buyer's "must have" list for a home is *NO HOA*. 
> 
> As a result, HOA's here tend to bring down the value of a property. 
> 
> CC&Rs (Covenants, Conditions and Restrictions on what you can do with
> property you buy) may exist even with no HOA. They often have expiration
> dates written into them, and they are frequently voided by state and federal
> laws. For example, I once owned a home built in the 1920's whose CC&Rs
> included a prohibition from hanging my laundry out on a clothesline on
> Sundays. Having no clothesline I didn't test it.
> 
> Anyone owning or contemplating owning property should know what CC&Rs are
> attached to it or if there are none. If your Realtor isn't helpful, contact
> the company who insured your title to the property.
> 
> 73, Ron AC7AC
> 
> 
> -----Original Message-----
> 
> However, It's almost impossible to buy a new home, or a home that was built
> in the last several years, without running into this restriction.
> 
> I've never quite understood why these restrictions don't expire when all of
> the homes in a given development have passed ownership from the developer to
> the individual homeowners.
> That is, in absence of a HOA.
> 
> 73 de Jim - AD6CW
> 
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