guest blog by Nila Ridings
What’s happening at Quail Run Condos in Charlotte, North Carolina? They have no money to repair James Johnson’s cracked foundation which has caused his floor to drop and walls to crack. But they do have money for a two year battle and a property manager who can schedule the repairs but can’t get the work started. Talk is cheap so they’ll be discussing this nightmare at the next HOA board meeting.
Quality-built? Sure, if compared to your breakfast cereal box! Lowest-grade cheap materials and sloppy construction. In about thirty years or less they are ready to be bulldozed. No more structurally sound than a mobile home minus the wheels.
Mr. Johnson, the HOA admits the structural problems are theirs to fix. Okay, so they have breached the HOA’s side of the contract. They break promises to repair it because you are a “troublemaker” for trying to keep your condo from falling down. I call that deceptive practices. Next, they will claim they are not responsible to pay for the interior damages. They will try to force you into bankruptcy with a legal battle which they will have funded by a multi-billion dollar insurance company that is committed to destroy you.
Forget about selling. You’ll be dumping this nightmare on some other innocent person. Hire a structural engineer. If they declare the place unsafe, contact the City of Charlotte Safety Inspector. They may condemn the property. Have your attorney sue for breach of contract and deceptive practices in violation of the North Carolina consumer protection laws. Add a demand for the HOA to buy your property and pay your legal bills.
If you don’t, you’re right, you’ll have to pay somebody to take this worthless piece of crap off your hands. This is precisely why condo owners all across America are walking away and letting the banks foreclose on their properties.
How do I know this drill? I live in an HOA with nearly these identical problems. I’ve been living this same nightmare for eight years!!!!!!
TRUST ME, IT DOES NOT GET BETTER!
I’ve learned these maintenance-provided HOAs are nothing but cash cows for the HOA, property managers, insurance companies, attorneys, and the city and county tax collectors. They are a massive hemorrhage on the owner’s bank account, health, and happiness.
Maintenance-provided is the worst kind of HOA hell. The buyers become the losers the day we sign the contract!