The house-buying process is stressful and difficult to navigate at any point—especially when it's your first, and you have no idea what you're doing or what to expect. The process will see results that can have drastic and possibly cataclysmic effects on your finances as well as on the rest of your life and its quality. It's exhausting. The process and paperwork involved are almost like a second job, with months upon months of weekends taken up by an endless stream of open homes. With possible pitfalls and snags lurking in every corner.
It's almost as if the process is intentionally obfuscated in order to create an industry that really need not otherwise exist, providing opportunity for parasites that claim to have your back but stand to make a wad of cash off you both coming and going no matter what you purchase—just as long as you purchase something.
But you do need to be careful; the bottom line here is that most people won't hesitate to be dishonest and screw you over when a large sum of money is on the line, and the last thing you want to do is see emerging black mold months after you moved in that was clearly painted over by the previous owner. But even with one of these parasites at your side, there's no telling whether or not everything will be above board or whether you'll end up with cracks in your foundations that were hastily and sloppily repaired.
And after all of that, with all that arduous process and risk behind you, you're still not going to be sure for some time that there is not some horrific problem lurking somewhere in the house waiting for you to happen upon it. And already new external problems are already emerging in the form of nosy HOA members with nothing to do but find bogus ways to issue fraudulent fines.
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When this homeowner bought their first home with their spouse, they thought they were facing an idyllic existence. Unfortunately, the picture-perfect life they envisioned was punctuated by a predatory HOA. A few years later, more trouble came their way in the form of a major economic downturn—the worst since the great depression.
See, there was this thing that happened in 2008, and if you were young enough, you might not have been aware, but when the housing market and economy collapsed, bringing massive unemployment and crashing house prices.
Families were left with mortgages that were worth more than the value of their home. Those who found themselves jobless may have been forced to sell, taking massive financial losses in the form of leaving the housing market at its lowest.
The homeowner was unfortunately eventually forced to sell their home in a short sale. But they weren't going out without ensuring that the HOA, who was attempting to kick them while they were down with made-up fines, never saw a dime. See their account of events below, which they shared with this popular online community.
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