We’ve seen this kind of thing over and over. You buy an expensive HOA home next to a golf course or a pretty little lake. You pay an extra high premium for such a nice view.
Suddenly, it all goes away. The golf course is sold to a new developer who hatches a plan to add a whole new subdivision on top of the golf course. The pretty little lake, it turns out, is a drainage basin for the county and the county suddenly decides to drain it.
Where’s your investment? Gone, gone, gone. Welcome to HOA living.
(link to Las Vegas Review Journal story on vanishing golf course)
I lived in an HOA on a golf course. The president of the HOA who was also my landlord lived directly across the fairway. I cant believe all the stuff i got away with. I put up a plastic lattice barrier on my porch 4′ tall and also a canopy in my courtyard to thwart the golf balls. . I was a tenant and was unaware of CCR acceptable structure. It wasnt until we canceled our lease when the Pres revealed that there were many complaints regarding this but didnt tell me until 4 years later. Gotta love the power of the boards in Hoa’s.
Your post explains why the unit next to mine, which is owned by a board member, has out of control renters.
As we all have learned, what applies to the “pariahs” rarely applies to the board members.
Thank you for another confirmation of that truth, Deb.
Important update on thei situation, Ward:
Hundreds attend Silverstone HOA meeting
Residents say they want Silverstone Ranch Golf Course reopened
Vanessa Murphy
By Vanessa Murphy | vmurphy@8newsnow.com, Chris Benka
Published 09/08 2015 11:00PM
Updated 09/08 2015 11:25PM
Entire must read article and video link:
http://www.lasvegasnow.com/news/hundreds-attend-silverstone-hoa-meeting
Excerpt:
LAS VEGAS
“Hundreds packed a room Tuesday night to fight for the Silverstone Golf Course. Silverstone is embroiled in a legal battle to keep the course open.
Tom Ells says he and his wife retired in the Silverstone Ranch community near Rainbow Boulevard and Grand Teton for the golf course, which is now shut down.
“It’s sad that we won’t get to play here anymore,” he said. “A lot different than we had paid for and what we had hoped for.”
Residents say the clubhouse was locked and maintenance stopped at the course last week, after new owner Desert Lifestyles took over.
“From indications, the developer has done this before in southern California,” said Las Vegas City Councilman Steve Ross. “He’s got a track record of not treating neighbors very well, so we’re very cognizant as the City of Las Vegas about this.””
Another excerpt. This one sound familiar”
““We’ve heard that we’re not trying to do anything, just sitting around,” said HOA Board President Frank Anderson. “(That) couldn’t be further from the truth.”
The attorney for the HOA tried to kick 8 News NOW out of the meeting, but residents invited the news media to cover the issue.”