Sanders Properties Inc's Blog
In theory, a Homeowners Association (HOA) is a great idea. It gives homeowners a say in how their neighborhood or complex is run and maintained and it gives people an opportunity to get to know their neighbors.
But we’ve all heard stories about homeowners associations that range from a small annoyance to a nightmare, and even some that are just plain strange.
On reddit, homeowners were asked to share some of the stories from their homeowners’ associations. Here are the best ones.
Outsmarting the HOA
Reddit user Bundabar tells about the numerous difficulties they’ve had with their homeowners association when it comes to home improvements. In one instance they were told by the HOA that their fence was a few inches too tall. In response, Bundabar appealed their decision and presented new plans for his backyard… plans that included at 40ft HAM radio tower, which incidentally cannot be regulated by a homeowners’ association. The HOA quickly changed they mind and allowed Bundabar’s fence to remain a few inches outside of regulation.
In another strange HOA tale, reddit user Furlessxp shared their experience with a neighbor who loved to tinker. The neighbor began work on a treehouse in his backyard which the HOA disapproved of. A years-long dispute followed, and ultimately the HOA told the neighbor that he would have to have the plans for his treehouse certified by an engineer. At the next meeting, according to Furlessxp, “he handed in the blueprints signed and stamped by no other than himself. That was a great meeting. It turns out that he had a PhD in civil engineering.”
Rooting for the home team
In a different thread, user Viking042900 explains that he liked to fly the flag of the Georgia Bulldogs when the football team was playing. The HOA regulations in his neighborhood state that homeowners are only allowed to fly flags on the day that sports teams are playing. User Viking042900 notes that he accidentally left the flag out a day longer than was allowed, but the HOA was still threatening him with fines.
“Now I was mad. I printed off a schedule of every sporting event the Bulldogs had in every sport, even club sports and then proceeded to fly the flag every single day.”
Since the University of Georgia has some time of sporting event nearly every day, it became impossible for the HOA to enforce this rule. Ultimately, the association gave up and let him fly his flag freely.
We’ll leave you with one last HOA tale from reddit. This time, user Interwebbing was running the show as president of the homeowners association. His policy?
“I was HOA president for 3 years and never enforced anything. Power to the people.”
If you recently listed your home, you may expect many offers to purchase to come your way in the near future. However, the house selling journey can be difficult to navigate, and there are many signs that indicate offers to purchase your home may be unlikely to arrive any time soon. These signs include:
1. Homebuyers are not scheduling showings.
Homebuyers often set up showings to view residences. And if buyers like what they see during a showing, these individuals may request a second showing or submit an offer to purchase a house.
Comparatively, a seller who receives no home showing requests for many days, weeks or months after listing a residence may be in trouble. This seller may need to perform home upgrades to help his or her residence stand out from the competition. Or, the seller may need to lower his or her house's initial asking price.
2. Homebuyers are not attending open houses.
An open house event is designed to provide buyers with an enjoyable experience. The event allows buyers to walk through a residence at their own pace. And if a buyer likes a house, he or she may request a one-on-one showing or submit an offer to purchase.
On the other hand, if no buyers attend an open house, a seller may need to modify his or her property selling strategy. This individual should consider the buyer's perspective closely and think about why buyers may choose to avoid his or her residence. Then, the seller can tweak his or her house selling strategy accordingly.
3. Comparable houses in your area continue to sell.
If a seller finds his or her residence lingers on the real estate market while similar houses sell quickly, there may be one or many problems with this individual's house. Although a seller may wonder why his or her house fails to stir up interest from buyers, a real estate agent can offer expert support. In fact, a seller can work with a real estate agent to determine the best course of action to promote his or her house to the right buyers.
Typically, a real estate agent meets with a house seller and helps this individual craft a property selling strategy. A real estate agent and home seller work hand-in-hand to figure out how to list a house, showcase it to buyers and maximize the residence's value. And when a real estate agent and home seller put a home selling plan into action, the results can be significant.
Let's not forget about the support that a real estate agent provides once a seller receives an offer to purchase, either. At this point, a home seller may be uncertain about what to do. But a real estate agent will help a home seller review all possible options and make an informed decision.
Simplify the house selling cycle – hire a real estate agent, and you can get the help you need to generate interest in your home as soon as it becomes available.
A property deed is used to transfer the title of the property of a grantor (the seller) to a grantee (the buyer). For the deed to be active, certain conditions must be set in place. The property must have a complete and accurate description. The buyer and seller must also be clearly identified. This formulation is due to the fact that a deed is a signed legal document.
The deed has a few important requirements for it to be valid and legal. First, the deed must be in writing. Next, the grantor must have some sort of a legal capacity (represented by a lawyer) and the grantee must have the competent ability to receive the property grant. Finally, the deed must actually be accepted by the grantee.
Although this process sounds complicated, it’s usually prepared ahead of time and done at the closing of a property transaction. Different states have different rules and procedures that allow for the transfer of ownership of property, so be sure to check on the specifics in your area.
Different Types Of Deeds
There are many different kinds of deeds. Deeds can be official or private. The type of deed that we are specifying here is known as “official” since the transaction is executed in agreement with legal proceedings. This is just one reason why every home buyer, no matter where you live, is important. Deeds are typically characterized by the type of warranty that they carry.
General Warranty Deeds
These deeds actually offer the grantee the largest amount of protection. The grantor of this deed makes a series of promises that protect the grantee from prior claims and demands to the land. This document would state that the property is free of liens, unless specifically stated on the deed itself. This also protects the grantee (the buyer) from a defective title. This is the most desirable type of deed.
Special Warranty Deeds
A special warranty deed defends the title of the home. The grantor certifies that they have received the title to the property and that nothing has happened while the title has been in their possession that would create a major defect on the property. This means that only defects that occurred on the property while the grantor owned it are valid. This provides less protection than a general warranty deed does. Many buyers will insist that they have a general warranty deed instead in order to feel protected in the property transaction.
Other Types Of Deeds To Be Aware Of
- Quitclaim deed
- Special purpose deeds
- Executor’s deed
- Administrator's deed
- Sheriff’s deed
- Tax deed
- Deed of gift
As a homeowner, much of the legal jargon that’s involved in the transfer of title isn’t something that you need to study up on. The important thing to know is that the deed is the means of the transfer of title. The deed must also meet certain conditions for it to be legally binding. The type of deed that you have determines the type of protection that the deed provides. A qualified real estate attorney should be consulted regarding all legal matters in the home buying and selling process.