Reader’s Choice 2017: Daybreak HOA faces $23M assessment, some owners at risk of losing homes

It’s that time of the year. For the rest of the year, I’ll be reposting the 10 most read articles here on IAC.

Thanks for following, reading, and sharing. Special thanks to readers who have provided inspiration for blog topics, and for those who have been willing to share their personal HOA stories.

Public awareness is the first step on the road to justice for housing consumers.

Best wishes for a peaceful holiday season and happier, healthier neighborhoods in 2018.

 

MARCH 22, 2017

Daybreak HOA faces $23M assessment, some owners at risk of losing homes
By Deborah Goonan, Independent American Communities

Owners of relatively new homes in Daybreak Townhome 1 Owners Association (South Jordan, Utah) have recently learned it is going to cost more than $60,000 per home to repair extensive structural damage caused by water infiltration. Although the townhouses are less than a decade old, homeowners report a long list of problems with leaky windows and roofs, damaged siding, and lack of insulation.

The news comes as a shock to many homeowners, who are reportedly concerned that assessment increases will make their homes unaffordable.

The HOA has filed a lawsuit against Holmes Homes and Hamlet Homes, but the Association cannot wait for the outcome of that litigation before they begin making repairs.

Read more:

https://independentamericancommunities.com/2017/03/22/daybreak-hoa-faces-23m-assessment-some-owners-at-risk-of-losing-homes/

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