this post was submitted on 15 Jul 2023
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LG to offer subscriptions for already purchased appliances and televisions, evolving into a provider for “Home as a Service” (www.theregister.com)
submitted 1 year ago by [email protected] to c/[email protected]
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LG to offer subscriptions for already purchased appliances and televisions, evolving into a provider for “Home as a Service”::Subscription fatigue is a thing and regulators are circling, but Korean giant reckons you're ready to cough up after buying hardware

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[–] [email protected] 2 points 1 year ago (1 children)

Even if you have a mortgage, better hope you don't have an HOA that can put a lien on your house for not paying the monthly fees

[–] [email protected] 1 points 1 year ago

It's true, if you buy a place with an HOA in the US (not living there so the thought didn't even reach my mind) you have to check their rules as part of your due diligence. I know it's tempting because the place looks oh so good/the price is low/there are 20 other people waiting but you can dodge some serious bullets of you don't overlook it.

In my neck of the woods you have to be careful about upcoming renovations that were voted by the "HOA" before you buy but have yet to be funded by the homeowners. You can be forced to chip in to pay for a big reno (exterior walls, HVAC...) even though you didn't vote for it. But I guess it can also happen in the States.