this post was submitted on 04 Dec 2023
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Let’s say that you buy a home in cash and have 100% paid off. Could you still lose it somehow?

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[–] squiblet@kbin.social 3 points 11 months ago (1 children)

I thought that was the issue… property taxes. That dodges HOA, which you could do with a house too, but as you say, not property taxes.

[–] firecat@kbin.social 4 points 11 months ago (1 children)

You do know HOA is a company and not a government entity right? These companies buy a lot of land and create different HOA policies. Buying land means you own the land, HOA cannot legally buy land that’s owned. There’s lots of newspapers reporting about it, sometimes being a joke.

[–] squiblet@kbin.social 2 points 11 months ago

I'm well aware of that, yes. However, HOAs usually insert a clause in the deed. People have tried fighting them and lost many times. Maybe some have won, idk. But personally I'd just buy land somewhere that doesn't have one.