It’s unsettling how so many tens of millions of people have just blithely wandered into the Homeowners Association experience without thinking. And so many people think they’re getting such a deal by being one of the first to believe the developer’s promises and move in.
Hoo, boy. A number of prospective homeowners bought condos in a residential skyscraper under development in San Francisco. The developer just didn’t tell them all the relative facts; that one side of the building has sunk sixteen inches into the ground and the building is tilting.
guest blog by Nila Ridings
Facebook has lots of HOA, COA and cooperative ads that pop up and most I ignore. This one I could not because it said Village Cooperative a 55+ housing community. And wouldn’t you know Facebook has it blocked so I cannot make any comments. A year or so ago I did comment on some sort of HOA advertising and since then I’ve been blocked from making comments on all things HOA. Coincidence? I think not.
This is a preview of
Run Like Your Hair Is On Fire From Village Cooperative
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Ah yes, believe all you want that your Homeowners Association protects the value of your property. But you’re spitting into the wind. All these years you’ve believe a falsehood spread by an industry that will NEVER be in the business of protecting your home value. This industry believes in the Almighty Dollar, no matter how it’s obtained.
The Pine Ridge HOA in Bushkill, Pennsylvania is a perfect example. A wave of non-dues-paying owners combined with a huge number of foreclosures has pulled this neighborhood right to the brink of bankruptcy. They’re struggling to find an answer. The answer is…there is no answer. You thought you were buying a retirement home? You ended up with a piece of Florida swamp land. Valueless. You believed the lie. You discovered what those of us in the Homeowners Rights movement have been warning you about.
Homeowners Associations don’t like veterans. They also don’t like veteran’s widows. Widows, you see, threaten the marriages of all other couples in the neighborhood. So ladies who get themselves elected to HOA boards try just about anything to boot widows and single women from their homes.
Hyperbole? Don’t bet on it. We’ve seen situations like this happen all over the country.
This one widow in Texas may have won a temporary reprieve, but that’s because she went to the news media. Without that, she’d most likely be on the street thanks to her oh-so-charitable HOA.
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Another Veteran’s Widow Faced With Foreclosure
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Credit reporting agencies see an incredibly lucrative opportunity in Homeowners Associations. And corrupt HOA boards see a marvelous way to further harass homeowners who dare to fight back against the Lawn Nazis. Hold back your dues because your HOA is doing something blatantly illegal, and it’ll lower your credit score.
Hire a lawyer to fight back against an unjust fine or lien, and yup, you might not be able to get that car financed or that mortgage modification approved.