SarahK4
Posts: 13
Posts: 13
Posted:
Our HOA was sued in June of 2020 and they have been spending homeowners annual fees out of the reserve to fight the current court case and they have not told anyone they are doing so.
So far totals for the attorneys is totaling close to $60,000 and if we look at our current HOA reserves, balances etc we are -$25,000 and each month its growing more negative. If anyone asks about it, homeowners get the runaround. Records are not kept of meetings, They put their friends on the board of directors only. Its really shady. I guess the best anyone can do in this situation is just move because nobody cares. So sad people are so numb nowadays.
So far totals for the attorneys is totaling close to $60,000 and if we look at our current HOA reserves, balances etc we are -$25,000 and each month its growing more negative. If anyone asks about it, homeowners get the runaround. Records are not kept of meetings, They put their friends on the board of directors only. Its really shady. I guess the best anyone can do in this situation is just move because nobody cares. So sad people are so numb nowadays.

