Two keys to ending HOA abuse

By Deborah Goonan, Independent American Communities Several months ago, inspired by offline discussions about the root causes of dysfunction and abuse in association-governed communities, I published Recipe for HOA abuse: too much power, no accountability here on IAC. At the time, several states were considering numerous legislative proposals aimed at holding homeowner, condominium, and cooperative associations … More Two keys to ending HOA abuse

Can Chicago homeowners override condo board’s $500K special assessment?

By Deborah Goonan, Independent American Communities CORRECTION: I received the following statement from Michael Novak, with regard to the Fair Housing lawsuit:  The federal judge actually gave approval that the federal fair housing case can move forward (after motions to dismiss were ruled on) on September 15, 2014, or almost 3 years ago. We’ve been … More Can Chicago homeowners override condo board’s $500K special assessment?

City, home inspectors fail to identify defects in condo and HOA construction

By Deborah Goonan, Independent American Communities   If you are in the market for a new or recently renovated home or condo, view the following reports first. Word is beginning to spread across the country, with an epidemic of poor design and shoddy construction, especially prevalent in condominium projects and all types of planned communities … More City, home inspectors fail to identify defects in condo and HOA construction

Update: NV Supreme Court rules in favor of GSE loan servicers

By Deborah Goonan, Independent American Communities Real estate auction investors who purchased hundreds of properties at HOA foreclosure sales for pennies on the dollar are reeling at this latest Supreme Court ruling in Nevada. In 2014, Nevada Supreme Court ruled that an investor who purchases an HOA foreclosure can wipe out the first mortgage by … More Update: NV Supreme Court rules in favor of GSE loan servicers

HOA, Condo, Co-op legislation highlights (July 2017)

By Deborah Goonan, Independent American Communities California   SB-407: Common interest developments: noncommercial solicitation. (July 18) The bill has passed the Assembly and is now in the Senate. CA SB 407, as amended, clarifies that a common interest community’s governing documents may not prohibit a member’s right to “peacefully assembly and freely communicate” on association … More HOA, Condo, Co-op legislation highlights (July 2017)

The backlash continues against HOAs

By Deborah Goonan, Independent American Communities   State by state, residents share similar complaints about their community homeowner associations A collection of news reports of common complaints about association governed, common interest communities. INDIANA – Residents say AG office should hold HOAs accountable According to this CALL 6 report, 95 residents of HOAs in the … More The backlash continues against HOAs

Buying a home in a community association (HOA), beware of fake news

By Deborah Goonan, Independent American Communities FACT: Many articles we see in print and online are nothing more than public relations, marketing, or political propaganda. That’s why there’s been such a buzz about #FakeNews. And, of course, the real estate industry that promotes the creation, sale, and ongoing care of association governed communities has been … More Buying a home in a community association (HOA), beware of fake news

FL DBPR doubles down on requirements for new Poinciana elections

Order for new elections has been amended in favor of homeowner Martin Negron.   By Deborah Goonan, Independent American Communities   Following events in Poinciana, Florida, one of America’s largest homeowners associations, it is encouraging to see that the tide is turning – finally, state agencies are beginning to acknowledge the assault on private property … More FL DBPR doubles down on requirements for new Poinciana elections

Condo industry investors unhappy about new consumer protections

New Florida statutes make it more difficult to force condo termination and apartment conversions upon unwilling owners By Deborah Goonan, Independent American Communities   Part of the mission here at IAC is to educate housing consumers by exposing the true agenda of the real estate industry. Hint: it is not to serve the needs of … More Condo industry investors unhappy about new consumer protections

Condo owner shares her LM Funding HOA horror story

By Deborah Goonan, Independent American Communities Today’s blog is an update on LM Funding, the controversial company that has been the subject of two class action lawsuits.  While the Tampa Bay Times recently reported that LM Funding has been able to stave off one class action lawsuit, the company still faces a second class action lawsuit by … More Condo owner shares her LM Funding HOA horror story