Potential HOA issue, advice??? | |
| Anonymous Coward User ID: 29172481 12/05/2012 11:41 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1054379 12/05/2012 11:42 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 29182760 12/05/2012 11:45 PM Report Abusive Post Report Copyright Violation | How is that legally bound though from the homeowners association though and how does that get passed on to the people in the neighborhood if it's not said that you must pay your neighbors bill if he doesn't? I understand the city's point of view because it's a single meter, but they have 31 people behind that meter. I'm pretty sure that the meter wouldn't stay off for long. |
| The Mad Hatter User ID: 29182760 12/05/2012 11:53 PM Report Abusive Post Report Copyright Violation | I'm the OP, got banned for making the post and for my reply. Have to pay money to speak apparently! :-) Anyways, I don't necessarily see that the corporation managing the HOA is doing anything nefarious, but something doesn't seem right about charging those of us who actually DO pay for those in the neighborhood that do NOT pay. |
| Anonymous Coward User ID: 27352798 12/06/2012 12:19 AM Report Abusive Post Report Copyright Violation | |
| milehighmike User ID: 339344 12/06/2012 12:28 AM Report Abusive Post Report Copyright Violation | I just finished a 2 year term on my HOA, and we had a budget similar to a small business (92 lots, 90 houses) and we definitely had bad debt over the two year period. We cleaned it up by negotiating, liens, fines & foreclosures. We did write off some "bad debt" to the foreclosures. It's common practice for the payers to be subsidizing the non-payers, but NOT for an indefinite period of time. What are your HOA dues? BTW, we had a professional management company as well... Last Edited by milehighmike on 12/06/2012 10:31 AM "Successful people are always looking for opportunities to help others. Unsuccessful people are always asking, 'What's in it for me?'" — Brian Tracy: Personal and business training author, speaker, and consultant "We are all, right now, living the life we choose." -- Peter McWilliams, Author "The bad news is time flies. The good news is you're the pilot." -- Michael Altshuler |
| T-1000 User ID: 18959534 12/06/2012 12:39 AM Report Abusive Post Report Copyright Violation | |
| milehighmike User ID: 339344 12/06/2012 12:49 AM Report Abusive Post Report Copyright Violation | Too late for that, he already lives in one... "Successful people are always looking for opportunities to help others. Unsuccessful people are always asking, 'What's in it for me?'" — Brian Tracy: Personal and business training author, speaker, and consultant "We are all, right now, living the life we choose." -- Peter McWilliams, Author "The bad news is time flies. The good news is you're the pilot." -- Michael Altshuler |
| The Mad Hatter User ID: 29182760 12/06/2012 12:51 AM Report Abusive Post Report Copyright Violation | I just finished a 2 year term on my HOA, and we had a budget similar to a small business (92 lots, 90 houses) and we definitely had bad debt over the two year period. We cleaned it up by negotiating, leans, fines & foreclosures. We did write off some "bad debt" to the foreclosures. It's common practice for the payers to be subsidizing the non-payers, but NOT for an indefinite period of time. What are your HOA dues? Quoting: milehighmike BTW, we had a professional management company as well... HOA dues are only $30 a month. What I want to know is how it's legal to subsidize the non-payers if it's not written into the contracts you've signed. I wouldn't even be blinking twice if there was something in there that said something to the layman interpreted tune of "I agree to pay my delinquent neighbors bills when he doesn't pay them". Nothing even remotely like that exists. Quite the opposite actually. It says very specifically that being delinquent will result in fines, liens or other legal remediation's for you personally. In the end I'm trying to get a better understanding of how the neighborhood HOA operates since we will very soon be allowed to elect our own officials ( new development, just now being populated enough that the current declarant wants out ). Before I put my foot in my mouth though I wanted to know what other peoples experiences were, like yours ( Thank you! ) to be better equipped to have a voice. |
| Anonymous Coward User ID: 9231012 12/06/2012 01:28 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 6383062 12/06/2012 01:32 AM Report Abusive Post Report Copyright Violation | |
| The Mad Hatter User ID: 29182760 12/06/2012 01:46 AM Report Abusive Post Report Copyright Violation | Why the hell would you ever think of moving into a one meter neighborhood in the first place?! OMG! Your an idiot! Sell and get the hell out. Quoting: Anonymous Coward 9231012 A lot of neighborhood developments are run this way. It's not ideal, but it has the potential of functioning well. I rented a house where we paid the water based on our own meter. We spent 30% more per month than we did when we moved in to this neighborhood. The cost of our water is split amongst everyone in the neighborhood. Sucked for us in theory because there were only 3 people living in the house; my wife, myself and our 2 week old boy but it worked out that we spent about the same ( it felt like we saved more at first, but as time goes on it feels like we spend more... more because of the dead-beats who don't pay their bill ) because even though we were neighbors with a house of 4 and a house of 2 across the street it averaged out well. Sure it sucks that the people with 7 kids pay as much as the people that have no kids, but we knew very damn well of those liabilities BEFORE we signed the line. Distributing the cost of water / sewer amongst everyone in the neighborhood was very well agreed upon by everyone living in this small neighborhood. Picking up the tab ( potentially illegally? ) of the deadbeats is something we did NOT account for. This is what I'm researching. Last Edited by The Mad Hatter on 12/06/2012 12:35 PM |
| Anonymous Coward User ID: 1487396 12/06/2012 02:35 AM Report Abusive Post Report Copyright Violation | |
| The Mad Hatter User ID: 29182760 12/06/2012 12:23 PM Report Abusive Post Report Copyright Violation | |