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Getting out of it is the hardest part for us right now.
We're in a small 28 unit condominium, so our dues go towards insurance for all buildings (only exterior, have to have our own for studs in), water, lawn service, management company, etc. Our dues are almost $400/month.
Yes, per month. It absolutely blows, especially when we're trying to sell our unit and it's been on the market for almost half a year.
I'm the HOA president so I know what all our expenses are (and have fought to keep increases to a minimum, including negotiating the community water bill with the water company), and unless we kick out the management company (Not going to happen) the dues are just going to stay high. We're preparing to refuse an increase for the next year.
Honestly, it sucks, but nowadays, $400 isn't overly high for condo HOAs. At least not in my region of the state. For stand alone, detached homes, it's insane. But fees are crazy high nowadays for everyone. That price for a condo HOA is not outrageous unfortunately.
Why can't you kick them out? Wouldn't it be cheaper if the hoa managed all that jazz?
It'd be cheaper, sure. But that assumes anyone actually wants to run things locally. My VP is an elderly woman who would love to get off the Board as well. We just don't have volunteers to run things. I joined up so our HOA didn't get handed to a lawyer to run, which would cost even more.
Prior to having a management company, the HOA treasurer embezzled about $40,000. It's the reason they got the management company in the first place.
Yeah people don't really understand that HOAs are a two way street in most states. Bad HOAs exist because of bad neighbors, neglectful neighbors, or both. All it takes to right a ship is to show up and vote (or fill out the paper absentee ballot...) when the yearly elections happen. And then show up to some meetings so quorum can be met.
My HOA has to reschedule important meetings several times a year because nobody can be bothered to show up for a 30 minute meeting every quarter so quorum is met. Bad HOAs are like bad local unions. They only have power because you let them have power. Lobby your neighbors to do something about it. Unfortunately my experience is such that the typical homeowner who chooses to live in an HOA does so because they want to be rorLly hands off as much as possible. Kind of the opposite of the default pictures people have of obsessive neighbors in HOAs.