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If you buy a home today in america, theres a oneinfive chance that you will end up living under rules imposed by what we call a board of directors, usually elected by you, the local resident. This board has very broad powers, and based on certain guidelines, well, they dictate just about everything in the community from the color scheme, how many cars can be in the driveway, how high your grass can be. And a lot of states . Guess what, guys . They have the power to take your home if you dont make your monthly dues payments and assessments. Very, very important to understand this. In some cases, people really enjoy homeowners associations. Why . Because they protect them. In other cases, i must tell you, they are a nightmare. They can be totalitarian regimes, but most totalitarian regimes, while they have their downsides, they also can be clean and orderly. This is karen and james. They bought a home in an hoamanaged neighborhood and one day found themselves in the middle of a major bat ....
If you buy a home today in america, theres a oneinfive chance that you will end up living under rules imposed by what we call a board of directors, usually elected by you, the local resident. This board has very broad powers, and based on certain guidelines, well, they dictate just about everything in the community from the color scheme, how many cars can be in the driveway, how high your grass can be. And a lot of states . Guess what, guys . They have the power to take your home if you dont make your monthly dues payments and assessments. Very, very important to understand this. In some cases, people really enjoy homeowners associations. Why . Because they protect them. In other cases, i must tell you, they are a nightmare. They can be totalitarian regimes, but most totalitarian regimes, while they have their downsides, they also can be clean and orderly. This is karen and james. They bought a home in an hoamanaged neighborhood and one day found themselves in the middle of a major bat ....
If you buy a home today in america, theres a oneinfive chance that you will end up living under rules imposed by what we call a board of directors, usually elected by you, the local resident. This board has very broad powers, and based on certain guidelines, well, they dictate just about everything in the community from the color scheme, how many cars can be in the driveway, how high your grass can be. And a lot of states . Guess what, guys . They have the power to take your home if you dont make your monthly dues payments and assessments. Very, very important to understand this. In some cases, people really enjoy homeowners associations. Why . Because they protect them. In other cases, i must tell you, they are a nightmare. They can be totalitarian regimes, but most totalitarian regimes, while they have their downsides, they also can be clean and orderly. This is karen and james. They bought a home in an hoamanaged neighborhood and one day found themselves in the middle of a major bat ....