I understand what HOA’s do, and was first introduced to the term in a condo building (not mine). I understand in a condo building, or high rise, you’re all sharing one building and need to contribute to that building’s maintenance. But I don’t understand HOA’s in neighborhoods…when you live in your own house. Is it only certain neighborhoods? I know someone who lives on a nice street in a suburb and there’s no HOA. Who decides if there is one, and what do neighborhood HOA’s exist for? Are you allowed to opt out?
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Signs, lights, landscaping, gates by the entrance would all be purchased/replaced/maintained by the HOA. The HOA will keep your neighbor from doing crazy shit that impacted your ability to enjoy & sell your home. The HOA often provides networking (parties and guides) to help acquaint neighbors with each other. The HOA would maintain playgrounds, pools, tennis courts, basketball courts, etc in areas that have them. They could help enforce things like quiet hours, overusing street parking, mild property damage, etc before it escalates to the point of involving police.
Obviously some go overboard, but it’s not inherently an evil thing if staffed by reasonable people just trying to keep the area nice.
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