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
By Deborah Goonan, Independent American Communities Every once in a while, homeowners win small victories, and finally reach the end of their HOA nightmares. It happens when good people get involved and do the right thing. Today’s post shares three rare examples of HOA good news, and a glimmer of hope for millions of other homeowners and residents stuck in HOA hell. FL mobile home park says Catholic resident can keep her painting of Continue ReadingHow about some HOA Good News for a change?
By Deborah Goonan, Independent American Communities Two recent reports highlight ugly HOA wars, power plays resulting in threats, discrimination, aggression, and downright hostility. Mayor makes angry threats in HOA dispute (FL) In states such as Florida, where the majority of housing is HOA-governed, it’s not uncommon to live in the same neighborhood as local or state politicians. Understandably, it can get a bit awkward when the Mayor of your city lives down the street, Continue ReadingHOA power plays turn ugly
By Deborah Goonan, Independent American Communities Does anyone actually believe the HOA trade group’s PR message that HOAs create a “sense of community?” If so, today’s post might change a few minds. You see, residents of The Village Association in Ormond Beach certainly aren’t feelin’ the love from HOA board member Richard Marcelle. The 66-year old man was arrested earlier this month, on three counts of aggravated assault with a deadly weapon. Police Continue ReadingFlorida HOA board member arrested for firing gun to scare teens out of pool