LogFAQs > #980064811

archizzy posted...

I would never ever willingly move into an HOA under any circumstances. Some people get extremely lucky and end up in one that isnt a nightmare but if it goes bad it can get batshit insane and them fuckers can seize your damn property in extreme situations.

They can't seize mine because the bank has the biggest stake. I regularly get letters offering to buy the house though no questions asked they pay all closing costs and liens and my only duty is to be gone in 2 weeks.

I'm strongly considering it. This house is worth almost twice what I paid for it. Guesstimating with napkin math if I took one of these offers I'd be able to close my mortgage and have about $200,000 cash I could use to buy a new house. I'd have to move far out but that's a win win because no HOA and no more mortgage payments.