By Deborah Goonan, Independent American Communities Overall, the industry that builds, sells, and serves HOAs promotes the wildly unrealistic assumption that unit owners and shareholders will forever engage in fair and friendly cooperation with their association leaders and their neighbors. But the association governance model is based on several faulty assumptions, and is dependent … More How to make your HOA work for its members, a daunting challenge
By Deborah Goonan, Independent American Communities This week brings two disturbing reports of violence among residents living in association governed communities. The Las Vegas Review-Journal reports that 33-year old Eric Leroy shot and injured his HOA president, Timothy Rose. Although Leroy has been arrested in connection with the incident, the name of the … More Recent HOA conflict results in gun violence
US Census data on Special Districts helps explain why your taxes are so high By Deborah Goonan, Independent American Communities The U.S. has continued to add additional layers of local government, even though industry trade group Community Associations Institute (CAI) estimates there are more than 340,000 association-governed communities now in existence. Ironically, when CAI … More Census reports many layers of government, HOAs not counted among them
By Deborah Goonan, Independent American Communities Although the number of new homes sold in the U.S. has increased dramatically in recent years, the share of new HOA home sales as a percentage of all new construction home sales has been relatively modest, with trends that vary significantly by region. Let’s take a look at data … More New homes under $200K less likely to be part of HOA per Census data
Minority investor-owners’ investments turn sour, full-time residents are displaced. By Deborah Goonan, Independent American Communities People buy condo units for several different reasons. Some buyers purchase a unit in a condominium with the intention of making it their primary home. Other buyers may intend to live in their condo full-time or seasonally upon retirement, … More Condo to hotel conversion a bad deal for 20% of FL unit owners
By Deborah Goonan, Independent American Communities As summer weather kicks in, many condo and apartment residents look forward to spending some time out on their decks, enjoying the sunshine and some fresh air. But, not so fast. Do you know if your deck is safe? A recent report from Dublin, Ohio, serves as a caution … More Is your condo balcony safe?
Florida condo association threatens foreclosure in dispute over $25 late fee. Condo owners, former managers say the board is out of control. By Deborah Goonan, Independent American Communities Condo residents and former community managers of Ventura Greens, West Palm Beach, FL, are the latest group to speak up about what they see as a … More Condo owners, managers speak publicly about abusive association
Attorney Ryan Torrens says it’s time for legislative change By Deborah Goonan, Independent American Communities Readers of IAC blog know I have been following this outrageous HOA foreclosure horror story since the first report. Back in February, a Judge upheld Rivercrest Community Association’s foreclosure of a home owned by Tina and Luis Lopez, all … More Florida AG candidate instrumental in HOA settlement with family over $150 foreclosure
CO Supreme Court decision may please home builders, but can home buyers count on safe, well-built homes? By Deborah Goonan, Independent American Communities A recent Supreme Court decision in Colorado proves, once again, that stakeholders in the real estate industry such as developers and home builders, hold an unfair legal advantage over homeowners. The … More Does court victory for home builders create more risk for condo owners?