Got to love developments in rural areas

[SuperiorLakeEffect]

I feel personally attacked. Pretty sure I have that same bike t-shirt that dude is wearing.

 

[Hay Dude]

Lesson learned: Don't live in an area where you have to drive on a private road that is shared by multiple homeowners. I never would have thought about something like this when we were looking for a house in the country 5 yrs ago.

Living that “dream” right now. Fortunately all but 1 current residents friendly, courteous and cooperative. It took some coaxing and some “lessons” to get everyone on same page. We still have the one malcontent. He’s a lawyer dont cha know? He gonna sue anyone who tries to make him cut his trees back from the road.
We did it for him and sent invoice. Now waiting to be sued.

 

[Oaktree]

For the second time since I've owned my property the property taxes have gone DOWN! First time was a significant drop and it was a year after I'd bought: I think that's what it was. It rebounded fairly quickly. For this year it's down, though only a few dollars.

Wow, the only time I've ever had my property taxes go down is maybe 25 years ago when the state instituted a state-wide property tax for the purpose of funding education. Cities/towns who'd previously paid a disproportionately high percentage of school taxes got a reduction, those who's previous percentage was low got an increase, the town I lived in at the time was one of the former. It didn't last long, between the town seeing an easy way to pad the budget, and the rollback of many of the provisions of the statewide tax it went right back to where it'd been before.

My state has neither a sales nor income tax, so property taxes are how most state revenue is raised. Yeah, they're high, but not much higher than neighboring states that do have the other taxes, so if you look at the big picture we're not that bad off.

 

[Oaktree]

US legal code. This is pretty basic. Have you never seen a deed with covenants?

Guess I've been lucky, never had any such thing on any deeds I've had.
I can see HOA restrictions on a development or town-wide land-use regulations, but never heard of such a thing on an individual property sale. I wonder how something like that would stand up in court.

 

[Skagit]

Guess I've been lucky, never had any such thing on any deeds I've had.
I can see HOA restrictions on a development or town-wide land-use regulations, but never heard of such a thing on an individual property sale. I wonder how something like that would stand up in court.

You've probably not read the deeds to your properties closely enough... Usually there will be a page attached that says, "exceptions".

 

[Jstpssng]

Guess I've been lucky, never had any such thing on any deeds I've had.
I can see HOA restrictions on a development or town-wide land-use regulations, but never heard of such a thing on an individual property sale. I wonder how something like that would stand up in court.

It's not unheard of, especially farther west where one entity owns the land yet someone else might hold the mineral rights, another hold the timber rights, a third owns the water rights. It's getting more common here for somebody like Apple or Amazon to buy land, then retain or sell the development rights to make it look like they are offsetting the environmental damage they do elsewhere. It makes it a real pain for the person who buys the land, as the honus is on them to enforce the restrictions.
But hey, that's just my opinion...

 

[Bill Guenthner]

Guess I've been lucky, never had any such thing on any deeds I've had.
I can see HOA restrictions on a development or town-wide land-use regulations, but never heard of such a thing on an individual property sale. I wonder how something like that would stand up in court.

It’s a fundamental part of property law in the United States, there’s no question that it “would stand up in court.”

 

[Jstpssng]

It’s a fundamental part of property law in the United States, there’s no question that it “would stand up in court.”

It's also something you are more apt to see in younger vs colonial states.

 

[buckeyefarmer]

It's also something you are more apt to see in younger vs colonial states.

it’s in all states.

 

[Dftodd]

Yes. I have often thought about trying to live out as long as we can on the farm. But then also think about when I need help as we get older not only with the work maintaining the acreage but medical emergencies etc.

I will hate making the decision to leave the farm and move back to town when the time comes. I just hope I get the timing right.

Just recently sold our place and moved back to the city. Once the market settles a bit we plan on getting back out in the country.

Both my wife and I are realistic about when we get older and will need help.

We'll probably look into selling off again and then renting back in the city.

We'll look into something similar that we are renting now (single family home on a small lot). Or I should say whom we are renting from.

The property management company takes care of everything but the house cleaning. Including changing light bulbs and all yard work and landscaping. Granted, I won't bother them with minor things like light bulbs or air filter changes that take a few minutes of my time.

After push mowing 800 plus feet of steep ditch, plus 2 acres of lawn. Plus any routine maintenance on the house and property..... well I was busy usually one full day every weekend, quite often both days depending on the season or what needed maintaining. This is after working 60 plus hrs during the week.

The first month we were in the rental, I didn't know what to do with myself on the weekend Got home one night, noticed the trash and recycling bin were moved. Then it dawned on me that they moved the bins to blow out the grass clippings after mowing.