Another Day, Another Stolen HOA Dollar

The unfortunate folks in this neighborhood are only missing $20,000. That’s peanuts compared to the millions and millions of dollars lost in other crooked HOAs. But when you buy into a glorified ‘investment club’ (which is technically all a Homeowners Association really is) you shouldn’t complain when you get ripped off.

Still, for the record, here’s a link to another story on homeowners who feel they’ve been cheated.

(20,000 bucks missing!)

 

 

 

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About

Ward Lucas is a longtime investigative journalist and television news anchor. He has won more than 70 national and regional awards for Excellence in Journalism, Creative Writing and community involvement. His new book, "Neighbors At War: the Creepy Case Against Your Homeowners Association," is now available for purchase. In it, he discusses the American homeowners association movement, from its racist origins, to its transformation into a lucrative money machine for the nation's legal industry. From scams to outright violence to foreclosures and neighborhood collapses across the country, the reader will find this book enormously compelling and a necessary read for every homeowner. Knowledge is self-defense. No homeowner contemplating life in an HOA should neglect reading this book. No HOA board officer should overlook this examination of the pitfalls in HOA management. And no lawyer representing either side in an HOA dispute should gloss over what homeowners are saying or believing about the lawsuit industry.

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