HOA living comes with many unexpected costs

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

Homes threatened by soil erosion in North Texas HOA subdivision

Retaining wall stone

 By Deborah Goonan, Independent American Communities Homeowners in a Fort Worth planned community say that soil erosion is causing their yards to sink, and sliding downhill each time it rains. NBC DFW visited Glen Eden, and spoke with HOA President Terrence Watson, who says that 20 homes in the subdivision are affected by earth movement. Video coverage shows clear evidence of erosion, failing retaining walls, and fences tearing apart at the seams. Glen Eden is Continue ReadingHomes threatened by soil erosion in North Texas HOA subdivision

CT ‘captive’ insurance assistance for HOA, condo homeowners with crumbling foundations

Cracked concrete foundation

By Deborah Goonan, Independent American Communities   For several years, IAC has been following the epidemic of crumbling concrete foundations in Connecticut. Many of the homes are part of a PUD (planned unit development with an HOA) or condominium, where two or more units share the same foundation. The cost to replace failing concrete foundations is massive — often as much or more than the home is worth. State legislators continue to find solutions for Continue ReadingCT ‘captive’ insurance assistance for HOA, condo homeowners with crumbling foundations

2 HOAs deal with Canyon Country landslides (CA)

Site of Canyon country landslide California

By Deborah Goonan, Independent American Communities 5 homes now yellow-tagged due to landslide About two weeks ago, several Santa Clarita homeowners noticed their back yards began to break apart and slide downhill. Two homes on Terri Drive in American Beauty Classics were yellow-tagged, and several other homeowners in The Trestles were notified of the problem. Then more rain poured into Canyon Country, making the landslide bigger and more dangerous. Three homes in The Trestles — Continue Reading2 HOAs deal with Canyon Country landslides (CA)