I was not told there was not an HOA in my community when I bought my house and I don't think I should have to be part of it or pay an assessment.

I wish I had a euro for every time I have heard this from a new homeowner. The bottom line is that it is your responsibility to ask questions and closely read the documents you are signing before you purchase a home. If you have already purchased your home, check your closing documents and you'll see that you probably paid a partial amount (depending on your purchase date) of your assessment to the association when your purchased the home.

In my experience you can't opt out of your membership in the homeowners association and the excuse that you didn't know the HOA existed just isn't valid. Additionally, your deed restrictions will determine how you are assessed, the frequency of the assessment, the penalties for paying late and your rights and responsibilities as a member of the HOA. Whether you are a first time buyer or a seasoned investor, as the saying goes, buyer beware.