Study explores HOA power relationships of condo owners
What can be done about HOA dysfunction?
Where can homeowners turn for help with HOA problems?
Smaller, more affordable housing doesn’t have to come with an HOA

HOA, Condo, Co-op Corruption, Fraud, and Theft Roundup (Sept. 2017)

By Deborah Goonan, Independent American Communities Updated Sept 26, 2017 (10:44 PM)   Florida title attorney gets 40 months in prison for bank fraud, embezzlement, money laundering Defrauded Bank of America, GulfSouth Private Bank, other banks September 5, 2017 Ben Lane A Florida title attorney will spend more than the next three years in prison after being convicted of defrauding several financial institutions, including Bank of America, out of more than $3.6 million in a Continue ReadingHOA, Condo, Co-op Corruption, Fraud, and Theft Roundup (Sept. 2017)

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Long Island Civic Association demands public maintenance of roads

Riverhead, NY town council, highway Superintendent debate whether public funds should be used to maintain private roads for Oak Hills Association (HOA)   By Deborah Goonan, Independent American Communities   Road maintenance has become a controversial issue in states across the U.S. It is no secret that decades-old roads and highways are in desperate need of repair and repaving. Municipal budgets are stretched to the limit just trying to keep up with snow plowing, leaf Continue ReadingLong Island Civic Association demands public maintenance of roads

HOA trade group fails to acknowledge its role in foreclosure abuse

By Deborah Goonan, Independent American Communities Catherine Reagor and Jessica Boehm of The Arizona Republic have been shedding light on the controversial power of HOA foreclosure. (If you missed it, you can find IAC analysis of the issue here.) To be fair, HOA industry watch dogs, community advocates, and homeowner rights activists have been on top of this issue for well over a decade, and, finally, the issue is moving beyond independent media to regional Continue ReadingHOA trade group fails to acknowledge its role in foreclosure abuse

Condo ownership is, at best, only temporarily affordable

By Deborah Goonan, Independent American Communities As real estate prices start to climb, the industry is once again pushing low down payment home loans, luring first-time homebuyers with relatively inexpensive condominiums and townhouses. Buyer beware. In the previous two decades, when developers were building condos and selling apartment-to-condo conversions faster than they could build and renovate them, millions of first-time home buyers and retirees scoffed up so-called “affordable” units. But many condo owners have since Continue ReadingCondo ownership is, at best, only temporarily affordable