BillW7 (Indiana)
Posts: 3
Posts: 3
Posted:
We purchased our home in October 2006. We were the first homeowners in our subdivision and have since welcomed approximately 60 new neighbors. During the buying process as well as over the course of the last four years, we have been promised an amenities center but it has not happened. I have spoken with the VP of the development company as well as managers of our two previous HOAs. Each of them assured me that the center would be built "this spring/summer". I was told this (as well as other homeowners) in 2006, 2007, 2008, 2009 and 2010. The newest HOA management company is a subsidiary of the developer. This past Friday, we received a letter from the HOA that the amenities center would not be built "in the foreseeable future". They reduced our dues from $590 to $540. Does anyone know if we have a leg to stand on or are we hosed? We have an attorney who lives in the subdivision which I will be speaking with later this week. I don't know if this is the right course of action but it sure seems like the HOAs actions are at a minimum dishonest.
Thanks to all!
Thanks to all!