Read your governing documents and look for a rental cap.
If there is a rental cap, and the maximum percentage of homes is already rented, your request to rent may be placed on a waiting list, and you must wait until there is an 'opening' in the rental cap percentage before you can rent your home.
If there is no rental cap, there may -- or may not -- be other restrictions written into your governing documents.
Not until there is a foreclosure sale.
In some state yes, in others, no. Some states prohibit landlords from discriminating potential tenants from renting to those on the Program. Home Owners' Associations have the right to decide if an owner can rent out his home and to whom he can rent it. But in most cases, it cannot prevent an owner from renting to someone else just because he has a Voucher.
The pros of renting a home, is that you are not tied down to that one residence. The cons of renting a home, is that you'll never own that residence.
Home renting is better financially only when you are renting to own. Other than that, simple advantages could include privacy from neighbors and more space.
A lien will not prevent your home from going into auction. Apparently, you owe someone for the loan to purchase the home, or you owe the HOA past-due assessments, or other debt for whicih your home is security.
The initials HOA can stand for many different things. Commonly, however, HOA stands for Home Owners Association. Others possibilities include Horn of Africa and Heads of Agreement.
This depends on the CC&Rs, Bylaws and other governing documents of the HOA you are trying to get out of. Odds are, you can't get out for any reason other than by the approval of a majority of the homeowners in the association. An easier way to get out of a HOA is to sell your home and buy another home not governed by a HOA.
Yes renting a home is just like renting an apartment although it may be more expensive as homes normally consist of more rooms whereas an apartment is normally limited to 1 or 2 bedrooms a home can have many bedrooms.
No, renting an apartment is cheaper. If you rent a home, you still have to pay taxes on the property, as well as full sewer, electric and all ammenities.
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You may obtain copies through the secretary of your HOA board, or the county recorder's office of the county where your home is located.
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