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January 12, 2007 at 8:29 AM #43308January 12, 2007 at 10:19 AM #43320Cow_tippingParticipant
We are 130 some houses (detached SFR’s on .2 acres and up) and 56 attached duplexes. We have a high owner ratio – almost 90% I would say. generally its all very good. Our board has a long history of alienation and we are leining the delinquents. but the basic idea is, we want to cut it loose. No more association. Pay till you’re caught up if you are delinquent and that ends it. I hope that’s what we end up doing.
Cool.
Cow_tipping.January 12, 2007 at 1:09 PM #43330AnonymousGuestI had one other experience when I lived in Mesa, Arizona that might interest some of you. It was condo, but the units were two story and in clusters of 4-6 units. The association paid for the water and each unit had a separate exterior water main with shut off valve in case of maintenance/emergency.
Since the association was paying the water bill, we were effectively the utility provider. So when you got too far behind on your dues (usually absentee landlords), we had a plumber out to shut off the water by removing a section of the supply line and capping it. In order to have the water turned back on, the owner had to pay back dues and fines PLUS the plumber’s fees to come out twice.
One owner tried to complain to the health department but they agreed that we (the HOA) were acting as the water utility and therefore were justified in shutting off service if the bills were past due.
Let me tell you – that cleared our past due problems up QUICKLY. Tenants won’t pay rent on units with no running water and they get really pissed off when told that their landlord hasn’t been paying his bills but he requires them to pay their rent on time.
Pete
February 24, 2009 at 1:05 AM #353090AnonymousGuestspam post deleted
February 24, 2009 at 1:05 AM #353401AnonymousGuestspam post deleted
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February 24, 2009 at 7:33 AM #353125macromaniacParticipantBottom Line:
Don’t buy condominiums. Buy SFR’s with no HOA. Trust me…you could create a whole TV sitcom around this…
February 24, 2009 at 7:33 AM #353703macromaniacParticipantBottom Line:
Don’t buy condominiums. Buy SFR’s with no HOA. Trust me…you could create a whole TV sitcom around this…
February 24, 2009 at 7:33 AM #353436macromaniacParticipantBottom Line:
Don’t buy condominiums. Buy SFR’s with no HOA. Trust me…you could create a whole TV sitcom around this…
February 24, 2009 at 7:33 AM #353569macromaniacParticipantBottom Line:
Don’t buy condominiums. Buy SFR’s with no HOA. Trust me…you could create a whole TV sitcom around this…
February 24, 2009 at 7:33 AM #353600macromaniacParticipantBottom Line:
Don’t buy condominiums. Buy SFR’s with no HOA. Trust me…you could create a whole TV sitcom around this…
February 24, 2009 at 8:48 AM #353775CDMA ENGParticipant[quote=macromaniac]Bottom Line:
Don’t buy condominiums. Buy SFR’s with no HOA. Trust me…you could create a whole TV sitcom around this…[/quote]
Don’t you mean drama?
π
CE
February 24, 2009 at 8:48 AM #353670CDMA ENGParticipant[quote=macromaniac]Bottom Line:
Don’t buy condominiums. Buy SFR’s with no HOA. Trust me…you could create a whole TV sitcom around this…[/quote]
Don’t you mean drama?
π
CE
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