Independent American Communities
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By Deborah Goonan, Independent American Communities Forsyth County Sheriff’s Office is investigating criminal activity among residents of an upscale planned HOA community in Cumming, Georgia. The allegations include unlawful surveillance, computer theft, trespassing, invasion of privacy, terroristic threats and pornography. These are the shocking complaints filed against 8 residents of Pleasant Manor Estates Homeowners’ Association, Cumming, Georgia. One of suburban Altanta’s newest communities, Pleasant Manor Estates consists of stately homes priced roughly between $300,000 to Continue ReadingHOA members, including a deputy, school board member, accused of texting pornography
By Deborah Goonan, Independent American Communities Homeowners may think their HOA fees cover all costs to maintain the common property. But, as these three recent reports illustrate, that’s not always the case. A Florida HOA won’t pay for wildlife control, a Colorado condo association takes more than a week to repair common water lines, and an Arizona HOA hits up owners to pay to rebuild the wall surrounding the private community. Vultures descend on Continue ReadingHOA living comes with many unexpected costs
By Deborah Goonan, Independent American Communities Homeowners’ association industry trade groups have been beating the drum about the importance of strong reserve accounts for many years. It seems like common sense advice for HOAs to plan for future expenses. But planning for future financial solvency is not as simple as reserving at least 10% of the Association’s monthly, quarterly, or annual fees. There are several important factors to consider, which I’ll explain in this article. Continue ReadingReserve account realities: what the HOA industry won’t tell you