Monday, January 24, 2011

Continuing the fight...

It has been a long time since this journey began and it will be along time until the problems get resolved.

I am fascinated by the way the story gets twisted by the ACHOA that those of us who have filed complaints with the Ombudsman's office are the bad guys. I am sure we all know that the allegations against the ACHOA are true: no elections, no proper financial statements, no annual meetings, failure to enforce CC&Rs consistantly, etc.
The sad fact is that every homeowner will have to pay for the cost of the negligant actions of the Executive Board. By the looks of it, it will be somewhere in the neighborhood of $1,000 per homeowner. Just because our dues have stayed at $16 doesn't mean that the ACHOA is financially stabile or healthy. A financially responsible business, such as the ACHOA, will raise dues based on projected costs of business. These costs include: paying for a neutral place to hold meetings; paying for proper audit of the books; paying for upkeep of the common areas (take a look to the South of the mailboxes - that tree stump isn't good for the value of our homes); picking up the slack for the homes that are in foreclosure or homeowners who don't pay their assessments.
The current Executive Board has created a HUGE financial liability and we, the homeowners, are going to get stuck paying for it, not the board members.

We are all smart enough to see the big picture and,as homeowners, we have a responsibility to each other to make sure that OUR hoa is run properly.

Just wait until the dust clears!

1 comment:

Bob Robey said...

Your comments on the future dues are right on. You are correct. NRED failed to protect the Association.

I hope that members of ACHOA will be able to attend the Rally against NRED, NRS116, out of control lawyers, and "royal" boards on MONDAY FEB 7, 2011 at the Sawyer building.

For more information call me
360-3691 or visit HOA1234.com

Bob Robey
HOA advocate and not an attorney.