Texans feel the strain of high property taxes plus condo HOA fees

American-tax-double-HOA

By Deborah Goonan, Independent American Communities As Texans debate how to rein in high property taxes, many homeowners struggle to keep up with rising condo and HOA fees as well. But several recent articles on the subject of property tax reform fail to acknowledge that the bulk of HOA and condo assessments. Association-governed community fees are, in essence, property taxes due and payable to a fourth layer of government. Think about it. If you live Continue ReadingTexans feel the strain of high property taxes plus condo HOA fees

Boulder’s “Permanently Affordable” condos unaffordable

No money empty pockets poor

By Deborah Goonan, Independent American Communities In Devner, there’s a huge disconnect between cost of housing and wages. So the City decided to make housing Permanently Affordable for people in low to middle-income brackets. Denver, Colorado is one of the most expensive housing markets in the U.S., with a median home price of $421,900, as of July 2018. Compare that to a nationwide median price of $216,200. In stark contrast, Denver wages are not increasing Continue ReadingBoulder’s “Permanently Affordable” condos unaffordable

Phase 1 POA suing Millville by the Sea Master Association and others

Sand Dollar Village POA says developers cut off services, amenities to homeowners following a 2014 restructuring of the Master Community Association By Deborah Goonan, Independent American Communities In some parts of the U.S., local governments are fond of approving developement plans for large scale common interest communities with thousands of homes and an elaborate array of amenities. Millville by the Sea, Sussex County, Delaware is one example. Conceived in 2005, Millville by the Sea had Continue ReadingPhase 1 POA suing Millville by the Sea Master Association and others

Utah: State Legislator battles her own HOA over outrageous fees, fines

No money empty pockets poor

Meanwhile, most developers set HOA fees artificially low, and association-governed communities remain virtually unregulated   By Deborah Goonan, Independent American Communities   A report from KSL-TV highlights the trouble with association-governed communities — unpredictable fees, and internal community conflict when members fight about how to spend or save their collective money. Townhome owner Amanda Collins complains that her dual HOA fees (one for her townhome association, and one for the master association) have doubled in ten Continue ReadingUtah: State Legislator battles her own HOA over outrageous fees, fines