You don’t hear many stories about HOA nightmares in Oregon and Washington. Well, folks, that’s changing.
Here’s a story that claims 31 Homeowners Associations in Oregon were ripped off by their management company. Homeowners are facing huge special assessments to make up for the loss. The management company employee embezzled up to two million dollars. HOAs from Portland to Forest Grove are struggling under the weight of the financial disaster.
Stunned homeowners were heard saying, “Gosh, you just don’t hear about this kind of thing happening.” to which our only comment should be “HA HA HA HA HA HA HA!”