By Deborah Goonan, Independent American Communities Homeowners of property in association-governed communities should read the following article, and others like it, even though the intended audience is mortgage lenders. Why? Because savvy consumers should understand the Big Picture, and how all parties in a dispute over your property are affected. The following article covers the issues of HOA foreclosure (especially in nonjudicial states), excessive late fees and attorney fees, special assessments, and priority liens with Continue ReadingAttorneys for mortgage lenders explain how HOAs exploit the system
By Deborah Goonan, Independent American Communities Every day I read dozens of reports of conflict and division in association-governed, common interest communities. None of it surprises me anymore. The pattern of behavior and the nature of these fights is disturbingly predictable. Some experts in the industry blame frequent conflict on a few selfish people, those disgruntled residents who are simply unwilling to follow the rules of the HOA. But I disagree. The reasons for neighborhood Continue ReadingThe Great HOA Divide
Reposting with updates and clarifications, provided by a reader.
During this holiday weekend, and pause from Legislative activities, a reminder of what happens when a group of individiausl – backed by industry “experts” – is allowed to wield way too much power.