PLEASE NOTE – THIS IS AN ARCHIVED ARTICLE AND MAY NOT REPRESENT CURRENT INFORMATION.
On November 8th I released a report which detailed our HOAs basic financial state.
Since that report was released we have been working to meet with homeowners and offer innovative ways to help owners get their accounts in order. Foreclosures and delinquent accounts are bad for the HOA, bad for property values, and bad for families. We are working hard to make changes which will help everyone. In just a few short weeks I have seen positive changes in the delinquencies which I am happy to report.
As of December 02, 2013:
8.5% of the membership is behind by at least one (1) payment of either $140.40 (Single Family – Quarterly) or $130.80 (Townhome – Monthly)
(Down from 21%)
2% of the membership is behind by at least two (2) payments.
(Down from 4%)
The current homeowners facing possible foreclosure have met with a board member and are currently working with the board to pay their accounts down. (Still two members)
Currently the unpaid delinquencies total about $8895.39
(Down from $15,018.63)
Please note that allowing your unpaid dues to go into Lien will increase the amount owed by at least $300 due to the attorney fees.
If you have questions about your account, please contact Lisa Barnes (Hawthorne), Brigida (Treasurer), or Rob (President).