It’s been a while since I’ve heard about how bad Home Owner’s Associations are. I used to have client flock from Florida and that was a big complaint. "Nazi HOA’s" they’d call them.
With the current market the Homeowner’s Associations are starting to come out in force. Only this time they are targeting the less fortunate.
Short sales are popping up in everyone’s neighborhood. Although they drag the overall value of the neighborhood down the signal two things. That the home owner has faced a TRUE hardship (not waiting for a bailout) and that they are doing what they can (as opposed to just allow foreclosure).
In one neighborhood in particular, Peachtree Woods , homeowners are threatened with liens on their property for something as small as cutting the grass. To make mattter worse, it’s on a home that is going into foreclosure. Talk about kicking someone when their down.
The homeowner, trying to short sale his lawrenceville home , is now going to have to figure out how to pay someone to cut his grass or face heavy fines.
High grass is certainly something in the realm of legitimate issues for HOA’s but the aggressive nature of the calls. In fact, the home owners association president has even been known to call the real estate agents and demand that they cut the grass.
Upon follow up, it’s become clear that the HOA thinks that they don’t have any rules to follow they just make up their own. In fact, at Peachtree Woods, the HOA president will tell you that he is a Real Estate Agent, as if that meant that he had some sort of power. Bruised ego for listing lost, possibly, but power, no.
This has also occurred at Overalook At Appalachee in Dacula .
If you’re facing hard times and want to do a short sale, then please give me a call at 770-374-4667. Let’s hope for both our sakes, that you don’t live next to the HOA president or worse, that the HOA president is a real estate agent!
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