How D’ya Like Your HOA Re-sale Value Now, Bunky?
Washington State is such a pretty place to live. They call it “The Evergreen State.”
And a boat-load of Homeowners Associations were all going to help protect and preserve property values for all those new owners. Well, it’s not working out so well for folks in the Hazel Dell Townhomes, part of the Timbers at Town Center HOA in Vancouver. About six years ago, crowds of real estate agents dragged their clients in to buy some of those ritzy new townhomes. Now, HOA dues are going unpaid, a lot of personal wealth has been shredded, common areas are uncommonly unkempt. At this point, a townhouse owner probably couldn’t unload his property in a bad poker game.