Home Owners Beware
When it comes to owning a home, most people think homeowners can do what they want with the property. However, this is far fom the truth. Most subdivisions today belong to homeowner associations. The associations' guidelines or "covenants" are set up by the developers of the subdivisions. The interesting fact is that most developers rely on city laws to help them in regulating what homeowners can build on their property. This can sometimes cause problems. I read an article entitled "'Covenants' can Mediate in Neighborhoods". The article addresses an issue that arose when some homeowners became upset when a particular neighbor of theirs constructed an unfinished plywood shed on his own property. Although it was within the legal code of the city, they claimed that this eyesore would affect the value of their homes. There were no "covenants" within this association that addressed this issue. This is an important issue, however, especially during this time when homes across the nation are losing value from the decline in the economy. In my opinion, the shed either needs to be removed from the property or finished with siding or brick. I think that it would be the courteous thing for the shed owner to do. This eyesore, if not taken care of, will eventually decrease the resale value of homes in this area. The homeowner association should look into setting up "covenants" that cover such issues.