Have you ever wondered how HOA Covenants came to exist and why they bring value to a community? When a community is initially created and the land is developed, the developer declares a declaration of Covenants, Conditions and Restrictions. The declaration creates a covenant condition embedded in an assessment lien, which HOAs can place on your house in order to ensure conformance. This is usually agreed to and signed by homeowners when closing the loan on a house.
Although some may view HOA Covenants as restrictive, others find them beneficial and its guidelines reassuring. HOA Covenants help maintain everything in a community at a consistent level. That is exactly what you want when buying a house! HOA Covenants require maintenance of items such as:
• Community landscaping and individual property’s yards (mowing, trimming trees/shrubs)
• House paint colors (avoiding eccentric colors)
• Architectural consistency (look, color, building materials, etc.)
• Safety (no abandoned vehicles in the street, etc.)
HOA Covenants bring peace of mind to homeowners. They maintain property values of the homeowners who have invested in that community and discover how to facilitate a community that people wish to live in. Also, the guidelines they create ensure that everyone in your community will keep their property maintained at a certain level. This is beneficial even in the long run because it gives your home a higher property value.
Estes Designs manufactures and sells posts and mailboxes that are guaranteed to match most (if not all) community mailbox specifications given by HOA Covenants. Conforming to HOA mailbox guidelines is as easy a click of the mouse or a phone call! You can search for your community specifications through our community finder tab on our website or call 899-5556!