That’s Pennsylvania Dutch, and you can look it up if you’re interested.
But it basically means that a homeowner’s savings are all gone. And that’s exactly what’s happening as FEMA redraws its maps for flood zones. A couple of years ago 20,000 homes were damaged or destroyed in a devastating flood in Boulder, Colorado. I remember it well because a close friend and I spent 12 hours trying to find a way out of the flooded streets, the collapsing pavement and entire homes drifting down the middle of major boulevards. We survived, but we had to endure waves of water crashing over my 2001 Blazer. I can personally testify that Chevy Blazers actually float…at least for a little while.
The federal flood maps didn’t list any of those Boulder neighborhoods as flood zones and many homeowners discovered, to their horror, that as members of HOA corporations they didn’t qualify for federal emergency relief. If you own a home you get federal relief. If you’re in a Homeowners Association you are considered a stock holder, not a homeowner. Who knew?
Now, thousands of people around the country are discovering that their membership in Homeowners Associations won’t save them from future weather disasters as FEMA re-draws all the flood maps. What does that do to HOA property values? You get just one guess!
Las Vegas TV reporter Darcy Spears is the First Lady of HOA exposures and she’s got another great one. This time it’s not a crooked board. It’s an HOA management company that’s doing its level best to ruin a little old lady. Phony dues, phony charges, threats of liens and foreclosures. Even the HOA board which fired this company says it’s all bogus.
A few days ago, I wrote of a Homeowners Association in Hayden, Idaho that threatened to sue a homeowner who put up excessive Christmas lights and decorations. HOA officials were upset because the display attracted lots of traffic to the neighborhood.
But isn’t that what we all do at Christmas? We drive around looking for the most beautiful light displays. It’s a time when Christians celebrate the birth of Jesus. I know plenty of Jews, atheists and agnostics who drive around admiring all the wonderful decorations. “Peace on Earth, good will to men,” is how the song goes. And that message resounds through all religious barriers.
In any event, the national backlash against the West Hayden Estates Homeowners Association had an impact. The HOA now says it doesn’t plan to sue the homeowner after all. Some stories have happy endings. I really like this one.
On this Thanksgiving, I am thankful for stupid people. Without them I wouldn’t have much material to share with you on this website.
Some HOA Nazis in Altamonte Springs, Florida called the cops and told them there was an illegal mahjong game being played in the Escondido Community Condo Association clubhouse. Well, the vice cops hit the doors, busted up the illegal game and arrested the criminals, all ladies between the ages of 87 and 95.
HOAs are lawsuit machines, not a doubt in my mind. And keeping neighborhoods all stewed up is all about full-time employment for lawyers. With that in mind, you’ll be stunned reading a column in last week’s USA Today.
