Have you had to pay a dreaded HOA special assessment?

Shared by Deborah Goonan

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Out Come The Checkbooks In Visalia, California

Originally published on Neighbors at War, Ward Lucas (Sept 5, 2015)

guest blog by Nila Ridings

Oh, the tempers have started furiously flying at the sight of the assessment letters arriving in the mail!

The homeowners in the elite HOA of The Lakes in Visalia, in the Central San Joaquin Valley, are fuming because the private roads need paving (according the property manager and the board) and that requires an emergency assessment of $2,300 per lot. If a person owns three lots they need to triple that payment. Why the need for the emergency assessments? Quick answer: The reserves are underfunded. Which comes as no surprise to all of us who work daily on HOA issues.

The HOA attorney has informed the unhappy homeowners that the HOA board is within its legal rights to demand the assessments. And, if not paid, they will lien the properties until it is.

Preview…read more here

http://neighborsatwar.com/2015/09/out-come-the-checkbooks-in-visalia-california/

 

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