“Are you crazy? If people knew what they were buying, they’d never buy a house in an HOA”. That was the answer I got from a member of the HOA industry when I asked why housing consumers were not told the truth about what buying a house in an HOA entailed. No more real words were ever spoken. The road to an HOA or condo controlled dwelling is, by necessity, paved with lies. So it is back to the good old “Caveat emptor,” or buyer beware philosophy. That’s all well and good, but until relatively recently, information that is necessary for the consumer or homeowner to be able to ask the right questions or make an educated decision has been scarce. There is a lot of information for associations, and for the people who feed at he HOA trough but precious little for the person who will be funding the contents of that trough. You, the HOA homeowner.
Michael Gingrich joins us On The Commons this week. Mike has a background in psychology and learned all about HOAs like most of us, up close and personal, he lived in one. There is something about having to deal with all the problems and issues that are a part of almost every HOA that compels you to do your homework. Mike was no exception. In the process of doing his research and meeting others who found themselves in pretty much the same boat, Mike and his colleagues put together a pretty comprehensive web site called HOAs Harm . Mike talks about the website and explains why they put it together. You’ll want to check out the website and tune in to the show to get more information. You won’t want to miss it.
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