Why Homeowner Association Exclusive Contracts Can Backfire
Engadget has an interesting article on why homeowner associations that sign exclusive contracts for services can have it backfire.
The example they are using is the contracts homeowners associations have signed to make cable companies exclusive providers to get better rates. The problem is that with if foreclosures happen or homes go empty, the rest of the neighborhood has to pick up the slack. As Engadget notes, it can get pretty painful.
The problem is that the contracts only make sense if everyone in your ‘hood is paying their part, and as you’d expect when a house gets foreclosed on, the last thing the newly homeless people are worried about is paying the HOA fees. So as more houses go vacant, the price per house goes up and in at least one community in Florida, it has gone up about 44 percent. via Engadget HD.
I like your analogy in this article. The real estate economy really is like a patient who you cannot ...
Real Estate is hyper-local. Every market is different. Phoenix has already hit bottom and is starting to recover. We have ...
Great to hear that the big boys
are predicting recovery sooner than
most think.
Thanks for the value! 
I agree--good analogy. You have to crawl before you can walk. Right now, at least in Austin, many people would ...
I live in the Philippines and I am glad we are not on the lists... 
I have a few Litograghs of Presidents homes , made by Richard V. Sebring. yr. 1990 Do they have any ...
I see the question I have, but no response. I do not have a for sale sign up ...
I'll add mine to the list too. This is happening in Kansas City, Missouri as well now.
We already knew ...
Comment by ADRIANNE on 10 March 2009:
Am after a loan but am very sceptical these days, there are a lot of sharks out there, can you point me to an article that explains all the different types of loans please? Thank you