It’s HOA budget season. Let the chaos begin.

chaos-order sign

By Deborah Goonan, Independent American Communities According to a recent KTNV report, an annual budget meeting at Highland Ranch Homeowners' Association ended in chaos, with local sheriff called in to disperse the crowd. An uncharacteristically large number of angry homeowners gathered to attend the meeting in a small office on HOA property. But due to …

NV Homeowners call Neighborhood Improvement District a “backhanded” HOA

By Deborah Goonan, Independent American Communities   In response to reader concerns and curiosity about various special tax districts, IAC will be exploring the pros and cons of public or quasi-public funding and taxing entities. I don’t know why local governments are getting involved in the business of neighborhood beautification. In my opinion, neighborhood beautification is …

Nevada 9th Circuit: Super priority lien cannot extinguish Freddie Mac mortgage without consent

gavel black background

By Deborah Goonan, Independent American Communities   Some opportunistic Nevada real estate investors and HOA foreclosure attorneys are likely displeased with a recent Opinion filed by Judge Kimberly J. Mueller in the Ninth Circuit Court of Appeals. Mueller ruled that the Federal Foreclosure Bar overrides Nevada statute’s intent to extinguish a first mortgage as a …

Update: NV Supreme Court rules in favor of GSE loan servicers

By Deborah Goonan, Independent American Communities Real estate auction investors who purchased hundreds of properties at HOA foreclosure sales for pennies on the dollar are reeling at this latest Supreme Court ruling in Nevada. In 2014, Nevada Supreme Court ruled that an investor who purchases an HOA foreclosure can wipe out the first mortgage by …

Priority liens or not, HOAs do not protect property values

By Deborah Goonan, Independent American Communities The HOA industry got another black eye this week with the release of Nevada Association of Realtors (NVAR) report on the adverse effects of HOA foreclosures on property values. NVAR teamed up with SGS, a professional survey company, to measure consumer opinions of HOAs and the controversial priority lien. …

Apples and Oranges HOA alternatives comparison

By Deborah Goonan, Independent American Communities Sometimes a story that is reported in the news is not actually news. Instead, it reads more like a soft sales pitch, an editorial, or, dare I say, political rhetoric. Take this recent article about a Nevada community meeting, where the topic of discussion included HOA alternatives. In my opinion, …

NV Supreme Court finds HOAs have no obligation to uphold Constitutional property rights

By Deborah Goonan, Independent American Communities   The court has ruled that the HOA is not a state actor   Property owners in Association Governed Communities face another assault on their rights in the form of the HOA priority lien. According to a recent report in the Review Journal, the Nevada Supreme Court issued a …

Pure HOA insanity in Nevada – property rights at risk for homeowners

By Deborah Goonan, Independent American Communities Despite the existence of Nevada's Real Estate Division (NRED), homeowners are in a crucial fight for their rights, especially if they own property in an Association Governed Community. This week alone, there have been two reports of outrageous HOA abuse. Darcy Spears of KTNV Channel 13, known for her …