Baldwin Park neighbors upset about property HOA increase of 300%
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- čas přidán 25. 10. 2023
- People who live in a popular Orlando neighborhood are screaming foul about a possible increase in their homeowners' association fees. Some Baldwin Park residents say their proposed monthly association fees are increasing to more than $1,000 per month.
MORE INFO: www.clickorlando.com/news/loc...
MORE INFO: www.clickorlando.com/news/local/2023/10/26/orlando-neighborhoods-homeowners-association-fees-could-balloon-nearly-300/
All HOA's need to be investigated and audited. We need laws to protect homeowners!! 😡
all the homeowners have the choice to hire different hoa comcomplain because we pay too much hoa fees.
First rule of shopping for a home..No HOA.
Buying into any HOA is almost worse than building on a hillside.
At least you have a chance of not being screwed by the hillside.
@@personnesenki4521 true, you’d only lose your personal property.
Exactly @@personnesenki4521
HOA
Reinforce the hill
Good luck selling the condos with that HOA fees.
Exactly what a scam smh
basically they are hostages
Buh buh buh but HOAs help maintain or increase the property value 🥴
@@we8608 Completely incorrect. HOAs enrich the financial portfolios of the criminals who skim money from HOA dues in KICKBACKS, PHONY CONSULTING FEES, INFLATED SALERIES PAID TO PHONY MANAGEMENT COMPANIES and OUTRIGHT THEFT, Houses in HOA communities are difficult to sell and often end up becoming abandoned and derelict. Because it is so difficult to sell HOA homes, real-estate companies often DO NOT disclose that the home they are selling is encumbered with a mandatory HOA contract. The relator pays the HOA management team under the table for a couple of years until the statute of limitations expires for full contract disclosure. Once they are legally protected from criminal prosecution, the management team springs several years of past unpaid dues on the homeowner. The dues were actually paid by the real estate companies but the money was skimmed off by the HOA management team. Houses that are not sold are usually shatched up by house floppers and rental home owners for pennies on the dollar. The people who purchase them are often connected with the HOA office or are actually the people in the office. . When I attempted to explain this to the district attorney in our area, he informed me that HE DIDN'T WANT TO GET IN THE MIDDLE OF A BUNCH OF SQUABBLING HOMEOWNERS and hung up on me.
@@we8608 HOAs destroy neighborhoods by making the homes virtually impossible to sell. This actually lowers property values for the homeowner. The way the process actually works is the homeowner can no longer afford the HOA fees, fines and harassment. The house is then foreclosed on and becomes abandoned. The property is then snatched up for pennies on the dollar by a house flopper. The house flopper does a quick & dirty remolding job and the house is sold before the house flopper is required to make a payment. The home buyer isn't informed that there is an HOA because the house flopper is paying the dues under the table to the HOA management team who skim the money off into their personal accounts.. Once the statute of limitations expires, any criminal or civil liability no longer applies. The HOA management then informes the homeowner that they are several years behind on their HOA dues and either pay the back dues or face foreclosure. Bottom line: HOAs do NOT increase property values, they destroy neighborhoods while enriching the HOA managers and property management companies.
I'm on the HOA board in my community just north of there and our HOA fees are being reduced. Something isn't right if an HOA board won't show the books. The MUST be transparent with the money.
In most states the HOA must report their books and must do a reserve study to ensure the dues are sufficient.
Someone is stealing or all
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HOA's should be looked at as criminal organizations.
@Mike-zf4ev
2 weeks ago
HOA's should be looked at as criminal organizations.
The problem is, a potion of the HOA dues paid by the homeowners go to bribe the legislatures and public officials who are supposed to protect the citizens. When I attempted to report the criminal activity by our HOA, the district attorney told me "HE DIDN'T WANT TO GET IN THE MIDDLE OF A BUNCH OF SQUABBLING HOMEONERS" and hung up on me.
@@postholedigger8726 no kidding. is that a line item in your budget? gimme a break
@@nancydominguez6967 Unfortunately, when a criminal organization gains political control, they become a "line item" in the budget of everybody who lives in the community they control. In the 35+ years I lived in our community I haven't met one homeowner who wanted the HOA. Since the people in charge of the HOA are the ones who count the votes, it is impossible to vote them out. .When a homeowner speaks out about the corruption, they are hit with non-compliance fines.
@@postholedigger8726 sorry.. that makes no sense. You're saying that you purchased in an HOA - all your neighbors purchased an HOA, but now for some reason everyone has changed their minds and nobody wants to live in an HOA? and in 35 years, you've had the same people in charge? I don't know anybody who would want to do that for 35 years. If you feel that there is corruption in your HOA, you probably should be reaching out to the Ombudsmans office. Good luck.
@@nancydominguez6967 As I stated before, the solution to the problem is to make HOAs VOLUNTARY and not MANDATORY. Then people like you can remain associated with an HOA and the homeowners who want no part of them can quit.
You stated that my post made no sense. Whether is does or does not make sense to you has nothing to do with the reality of how HOAs operate. Apparently you are either one of the criminals skimming money from homeowners or you are unable to understand the process. Many of the homebuyers were unaware of the existence of the HOA when the house was sold to them. When a home is sold by a house flipper or other sales organization, the buyer isn't told about the HOA. The house flipper then pays the criminals who run the HOA under the table and the buyer is unaware that they belong to a MANDATORY HOA. After a period of time, which it typically about 2 years, the statute of limitations expires, then the buyer is confronted with a huge HOA bill.
Your advice to contact the authorities would be great advice if the authorities had any interest in dealing with it. When I contacted the DA's office I was told that they didn't want to get in the middle of a bunch of squabbling homeowners and hung up.
Increasing over $1,000/mo? OMG, I bought a house in 2021 and my mortgage is $1,005. Annual property taxes $980. HOAs are not the way to go.
no comparison.
@@user-zp7jp1vk2i wrong
I am in a HOA. It is scary. But I pay a reasonable 335 a month. The HOA I belong to does 5 things. Snow removal. cut grass. Put in roof and replace roof. put in and replace siding. Pay for trash pickup.
Where is this? Detroit?
@@ronaldlindeman6136 you do NOT KNOW about long term planning for ANY outside maintenance??? join and/or volunteer and find out where your money goes. and you left out taxes, fees, arranging contractors, paying them, accounting. etc etc etc etc etc etc.
There is no way I would ever want a home with an HOA. I foresaw the problems with them. They can also be sued as well. So there goes the lawn service of roof replacement for condo owners. I don't like someone telling me I cannot have the American Flag on my home during a 4th of July or Memorial Day. I am a retired Realtor. Most of the homes I did sell had no HOA!!!!
That would be a call for a immediate HOA disbandment or removal of those in charge.
Why? The bills have to get paid one way or another (hoa fee increase or assessments). From what I understand, they need roof replacements and homeowners insurance has gone up. Sadly, some communities chose not to fund reserves for years so that also contributed to increases we've seen in the news.
@@00inwiththenew00 Why? Because that much of an increase is excessive and probably illegal.
@sinebar you realize most HOA board members are owner occupants, right? Yes sometimes there are nefarious board members, but from what I understand, HOA fees are increasing to cover the roof replacement and the significant increase in building insurance (which is a major issue state-wide). Some boards choose to increase HOA fees for roof replacements rather than issue an assessment for each unit. Anyway, my point is that the bills still have to get paid... arguing with a board member who is performing their due diligence is NOT going to change the fact that the roof needs to be replaced and the cost of insurance is going up 🤷♂️
Why? Owners signed the contracts. They knew it could happen.
Don't blame the HOA. Blame Biden for printing money out of thin air causing the devaluation of the US dollar and for hyperinflation.
Time for an external audit of the property management and each board member.
Geez. Are you going to be the one to pay for that? Thinking you'll prove that others are corrupt? What you will find out is that the board mismanaged the common area by low-balling the monthly dues. Residential towers are COMPLICATED and EXPENSIVE to maintain. The construction is much more complicated that a single family home, which itself is a huge challenge. Retirees are not up to the task and they don't care about the future. If anyone is corrupt, it's them. They put their personal finances above the common good. Completely appropriate for Fulorida.
@cpamvca6858 at the condominiums I live we are audited every other year. accounts payable are uploaded every quarter so the entire community can see how every dime is paid for. no exceptions. I paid for catering at our last meeting and before anybody had a chance to take a bite I had to explain to the members that it was on me and the hoa would not be paying for any of it. You have to know where every cent is. Yes it's complicated yes its difficult yes it can be confusing so what. Run the audit and know and understand how the money is being spent.
How can they justify almost $900k a year in dues for just 62 places? It ain't costing that much to cut the lawn and they ain't painting it every year.
Replacing the roofs on 62 homes will cost that much. Added on that is the rising costs to insure the structures. It’s all very unfortunate for the homeowners.
@@paulweinberger4723 Maybe it would cost much, but I doubt they would decrease it down the next year. And why won’t they show their books in my opinion they need to show their books
For a complex like that... a once upon a time $50,000 annual insurance bill is now $200,000+ in FL. My $2800 bill including mandated flood insurance for my FL home went up to $7400 in just 3 years.
@@paulweinberger4723 Why would they need that amount of money for replacing the roofs when the community was built two years ago? You expect them to charge homeowners that amount of money per year for the next twenty years just for roof replacement? Plus? Owners typically get assessed when the roof is replaced by an HOA. Due to the fact that the HOA does not hold that money in reserves and is more often than not managing it poorly. The fact that they aren’t being forthcoming with opening the books tells me all I need to know. I feel bad for the owners who are being punished for no reason.
Everyone needs to get together to vote to disband the HOA
Kinda tough to do in a town-home development.
and then what??? No long term fund, cancel ALL insurance, do not preventative maintenance, send security home, allow all the run a meth lab in their spare room? grow op? stolen cars are ok? Move to Compton, instead.
So it's one way or the other? I don't have hoes in our neighborhood and we have none of those problems.@@user-zp7jp1vk2i
it would be like living in an independent home. Condos would be complicated.
@@mnp870Yes, condos are complicated. Townhomes (whcih is what this is about, Townhomes) have a lot of the same complications of Condos. In fact in some places, no distinction is made between condominiums and townhomes, as they are more alike than they are different. When you share roofs, walls, foundations, and the land underneath it all with other unit owners, it's pretty difficult to get rid of an HOA. So, when someone says "just disband the HOA" in a discussion about Townhomes, that really just illustrates that they really don't know enough about the situation to have an intelligent opinion.
What a joke....I will never belong to an HOA , horrible investment,
The HOA is trying to force them out of their homes. That’s all that is to it.
Boom!!!!! Exactly. Goes the same with property taxes being raised, to get people out
Actually it's part of the globalists "you will own nothing and be happy" plan. They can't get us out of our 3% mortgages so they're using taxes and insurance to push us out. On top of this is the new Florida law that requires 100% fully funded reserves aren't helping the matter either.
This HOA is in South Florida, and maintanence, insurance. fees and the laws have changed there since that Condo collapse... Homeowners are stuck... They willingly signed up for this...😥😥😥😥😥
You think "that's all" this is but you're wrong that the HOA is trying to force people out. The HOA is comprised of unit owners. What's happening is that the maintenance costs were historically underfunded and now the bill for deferred maintenance is due. The HOA is adopting these fees so that the common asset can be maintained. The HOA board was probably made up of short timers (elderly retirees) who mismanaged the previous decisions for their own personal priorities and not the common good. Also, it's really hard for the average person to understand the best practices and repair methods for a residential tower. Repairing elevators, pools and large HVAC systems requires a knowledge that even experienced home owners do not have. It's not what you think. At all.
@@gwats19577 what do you mean their stuck? How do?
When I was house hunting, I told my realtor not to show me anything in an HOA. These people are nuts
You're the smart one.
dont most nicer homes require HOAs?
Not necessarily, even so but if I was you I would avoid hoa
HOAs are out of hand and HOA companies are pocketing m$ millions. Only a small percentage is actually used to provide maintenance services. There needs to be a law cap on how much HOAs fees should be. It doesn’t matter where you live. Paint cost the same, landscaping cost the same. If the landscape company raises what they charge by $200 dollars doesn’t equate for the HOA to charge 1000 unit residents another $100 or $200 a month.
You clearly have no idea what you are talking about! If you're such an expert on the matter, why don't YOU volunteer to serve on the board of your association?
@@richardneilan2392 found Ken, a board member who got nothing better to do beside fining his neighbors.
@@richardneilan2392
You're no more of an expert than any of us. Look, this is simple: if costs have truly gone up so much that they need to raise rates 300% in 2 years, the HOA should have no problems opening up their books and proving this. If they do, I have no problems with the increase. Well, I do, which is why I'd never live in an HOA, but at least they'd prove that the increases are necessary.
@@richardneilan2392 The votes are counted by the criminals who run the HOA and skim money from the HOA dues. Any homeowner who runs for a board office who wants to run the HOA in an honest way NEVER gets elected to the board. This crap has been going on in our neighborhood for the past 40 years. The money is not properly accounted for due to padding expenses, kickbacks from contractors and outright stealing. The people who run the office brag about the numerous rental properties they bought with cash and the expensive cars they drive on the modest salary of a phone jockey. The homeowners know about the criminal stealing but no matter how anybody votes, the same group of criminals remain in charge.
HOA companies? What are those? The HOA is made up of the unit owners. The decisions of the HOA are made by elected board members and/or votes of the members. If they want a property manager who understands how to maintain a residential tower then the owners can hire a manager, or, they have to acquire that expertise themselves. But the property manager doesn't make the decisions. Often, you can't even get members to serve on the HOA board because no wants to spend their time for the common good. People don't listen to others and the politics of HOA's suck. It's just karma in action.
How are the books of the HOA not public information?
Dissolve the HOA with a 20% vote and file it with the county.
Pretty difficult to dissolve an HOA in a Townhome development.
Impossible to do that.
Take the loss get pushy associatives out of your life..
That would make your unit worthless. A unit owner does not own ANY common area, meaning that use of the common area (elevator or walkways) would be trespassing. Membership in the HOA is what gives you easements over the common area. Then there's maintenance of the common area. If the elevator breaks, who pays to fix it? Who decides which vendor to use? Who has the right to sign the repair contract, and to be liable for the repair costs when others refuse?
@@cpamfly6858 the taxes are not paid on the community property after a right of ingress and egress is filed for 7 years adverse possesion..avoids illegal and invalid perpetuitys or new "rule" writer ruler enforcers...and explains why insider rulers sabotaged equitable distrubition of property.. must own land there that is tax billed..
I won't buy a home in an HOA, I don't know how people pay these fees. There are more people homeless everyday, now their making seniors homeless with fees they can't afford! The organizations need to be more transparent!
We need a Governor who can tackle such crap homeowners have to deal with these HOA’s !
Good luck with that in FL where only republican governors get elected.
The HOA is comprised of owners. Sic the governor on them!
A $1.2K month?!? What are they getting for almost $15K a year? My roof costed $8K after 25 years. I do my own lawn so what the hell? They better get free buffets at the free golf club-house and Olympic pool with free massages and health-club w/ pickle-ball. I cry about my $500/yr. HOA fee. These aren't even condos where the structural needs to be fixed every 30 years or so (which is why I'll never buy a condo). I'd get an audit going to be sure no fraud going on.
500 a year😭😭 I’d kill for that, my mobile home is 765 a month, when I moved in 5 years ago it was 450
@@johnblaze6269 Yes, but what does a homeowner get for that paltry amount?
@@craftsmanctfl3493 24 hour security and a pool/clubhouse that hasn’t been updated in 30 years, we also have lake access and that’s about it. Not worth it
Exactly! I live in a gated community in FL and our HOA fees are less than $600 a YEAR and residents try to complain about that.
Fire the board, elect new management co. Its you building.
Price gouging at its finest.
Care to actually explain, or are you satisfied with your IGNORANCE? Have you ever served on a condo or HOA board?
The actual homeowners need to get together, fire the management company and create their own HOA board from members of the homeowners. We had a management company for couple years, but then formed our own board a 2nd time running our HOA ourselves. It is the best and only way to have a HOA. You control the fees and spending. Shalom
That's kind of a fantasy solution. It could work in a small set of situations, where the complex is small, or the board members are extra smart, experienced, mentally healthy and ethical. Maintenance of a residential tower is extremely complex, far beyond what a single family home requires, which is difficult enough. The typical HOA always has a few aholes, so lawyers are commonly needed and the politics are often horrible. The repair methods often require engineers, and the large contracts for repair may need legal review. I don't think many can do this without professional help. You could get lucky.
@@cpamfly6858BS. I was on a HOA board for 10 years and served as the president for 7 years. The only reason it would not work they people are to damn lazy to do a little extra work. Shalom
Where is the money going? What's it paying for? HOAs have millions of dollars in reserves, so they don't even need to raise the rates that expensive
I'm glad back down house that getting built on HOA I'd rather buy my land instead building a house on HOA land
Worst thing you can do is buy a home in a homeowner association development.
I know that's right. My first home I had built and it was HOA community. Lesson learned! Current home, HOA would have been a deal-breaker ❤
And they’ll raise it again next year just because 😂. Also good luck selling that townhouse, who wants to have that with such a high HOA bill.
They mostly get put up for sale for heavily "discounted" cash only deals. But thanks to the informative journalism, folks are becoming more aware of the underlying scam.
Did the condo association not budget for what was needed? Like I wouldn’t pay $1200 for an HOA
Reason why we have a house without HOA, but still our property insurance went up 3 times what we’re used to pay yearly. We will be seeing a lot of Floridians moving out especially the retirees to another state or country where they can enjoy their retirement!❤️🤗
But we were told everyone is moving to Florida.
@@boristheamerican2938 Our cousin and her family, daughter and grandkids move her in Florida from Iowa and bought a house but advice them to include them all in their mortgage payments so they won’t be surprised! Who suffers are the long time residents like us!❤️🤗
@@boristheamerican2938Only to leave…
Waiting on people to blame Joe Biden for this.
🤣 🤣 🤣
You don't have to go far to see how your neighbor feels about it, just hollar and they can hear you through that wall you share. In a trailer park you have to knock on a neighbor's door to see how they feel about this or that.
Priced out of there homes..
And how do they sell? Anyone who sees a place for sale with 1222$ HOA? What a scam
@@case6189could you imagine? 😂😂😂😂 Imagine trying to sell something like that in a state where the minimum wage is still less than $10. Wtf 😂.
$2000 mortgage and taxes on a 500k or more property, plus an ever increasing HOA fee starting at $1200 upon the first year of "ownership". They've lost their minds because they really don't want to have to do actual labor. They can't picture having a life where they're not taking a cut of other people's hard earned money.
Dude has a blow up doll. 😂😂😂
Wild. Still not as high as my $1300 for 830sqft, ocean view condo in Brickell though, but yeah if that 3x to $3,900, it would be insane.
From my experience as a facilities manager, a massive increase in HOA dues is usually due to deferred maintenance of the property in order to keep the dues artificially low. But eventually at some point, all of the deferred maintenance issues stack up to the point where either dues must be raised significantly, or folks have to be willing to bear a special assessment.
Yours is the most sensible comment I have read. Too bad WKMG failed to present all the FACTS! This is typical if local "news" channels in Central Florida.
Assuming you're right, the HOA can simply open up their books and prove that. They should have no issues doing this, since there would be nothing to hide and they're supposed to be their to serve the residents. If they DON'T open their books or are forced to do so by a lawyer, I'd then have to assume that, at a minimum, there are mismanagement of funds.
@@dontbanmebrodontbanme5403 Every HOA has a yearly budget that must be voted on by the community. As a non-board member it is at that time you are presented with the financials. If someone wants unfettered 24/7 access to the finances of the HOA, then they need to get elected to the board. Simple as that.
That's just another reason to skip an HOA. That level of financial malfeasance is simply unforgivable, and honestly should be regarded as criminal behavior
@@personnesenki4521 I agree with you. The reason behind keeping the dues artificially low is it attracts buyers. But once those dues are raised to where they need to be in order to properly maintain the property, the folks who can't afford to stay there will have a rough time selling their condos. Yeah, stay away from HOA's.
HOA is trying to force you to foreclose on your property
And how exactly would that benefit the association?
They can get it for dert cheap, and sell it for a profit, or to a friend etc@@richardneilan2392
@@richardneilan2392 so they can buy cheap and sell high to the next unfortunate soul. Rinse and repeat.
Maybe They Want Everybody Homeless 😂 & Then Who Gonna Pay Them Fees
@@richardneilan2392because they can then buy your $200k condo for $30k and flip it for market value. It happens all the time actually.
Hoa fees do NOT cover homeowners insurance. Also, you can vote them out. We did.
But what if REITs own more than 50% of homes?
But a whole lotta folks don't know the difference between an HOA and a condo, which does cover the insurance for the building - not the interior, but the structure.
That's the most expensive part.
Awe Florida is turning into NY
The floods and hurricanes and tornadoes are eerily similar, yet NYC might turn into a Venice type of city, since the sky scrapers are built on top of bedrock. FL will sink outright though.
Our HOA fees in Naples are higher than our NY state property taxes which are the highest in the country. Our property taxes in NY $7000. Florida taxes plus HOA? $9460.00. More square footage in NY as well. HOA fees are a racket.
I grew up in Naples Park and back then Naples was a beautiful and affordable town. I had all of Vanderbilt beach to myself and my dog. Then the rich New Yorker's moved in and ruined it for everyone. You reap what you sow.
17 yrs ago it was all nice in SWFL.... Paradise.....not so anymore....traffic congestion & crowds everywhere, more frequent & violent storms, crazy insurance costs, higher taxes (no snowbird 3% cap) .... so we sold our snowbird home last year....and glad we did! Now we just have our NY home and new RV to take us to FL or AZ or wherever for a few months in winter!
@Jamesscrader 1244.. I got news for you James, I live in a dumpy city in CT on 1/10 of an acre of property, that's right 1/10 of an acre!! I pay house tax alone 8118.00/year. Your Naples property is less than mine. I'd quit complaining you live in a nice place.
I know of a townhouse community that voted for owners to be responsible for their roofs instead of HOA. Most owners got a partial refund of the reserves that had been collected for roof replacement. Result was HOA dues stabilized and haven’t increased in a few years.
All fun-n-games until the guy in the unit adjacent yours won't fix his roof and it leaks into your unit. Yes, that's completely possible.
Most HOA Boards are VOLUNTEERS. All this ranting and raving going on just show me people should post of what they know stuff about. I'm doing pt. time on a 36 unit and we're going to get a "cash call" for some pretty stupid stuff, but almost all are well healed. The funds also feed LONG TERM issues as well as short term . Our new "digital" boilers are a nightmare. just had two sprinkler leaks (dating back 22 years to bad install) 5,000 just to repair the pipes (have to be Certified fire Trades) adn that doesn't fix the ceiling, with is double firewall with custom stucco. Not my claim to fame. I save a lot of money for them doing basic stuff, but some things just go sideways. Everythingnow costs huge money.
@@andrewalexander9492 Exactly.
There's no use to interview the management company because they only implement whatever the decisions of the board are. It's important to check before you purchase a home if its a part of HOA and weight in your options because on top of the utilities and mortgage you'll have to pay for it hoa fee and 98% of the time it goes up on a yearly basis
Didn't read the fine print.
This is going on all over the U.S,not only the HOA,rents are been raise and the local governments are not doing anything about it...!
Local governments can’t do anything to HOAs. That is at the state level.
This is the new normal in FL. HOA dues are $1000 at a minimum , including or plus any special assessments. Prices of these condos will have to come down. When you buy now in a condo it feels like you are paying a mortgage and on top of that rent , crazy.
America thrives off of slavery. Tenant slavery, wage slavery, debt slavery, and free labor outright. HOA is a new form of slavery invented to recapture any person in the middle class.
I would never, ever buy something that has any type of HOA associated with it. I know several people who have had nothing but negative things to say about the ones they're involved with. Now in this case, obviously, this is ridiculous in the percentage increases and yes, those are very expensive properties, but it seems like the HOA is just fleecing some well to do people because they feel the people can afford it. Way out of line for painting and maintenance and landscaping. The places look like they're in great shape, so how much maintenance needs to be done and how frequently? It's not like a roof has to be replaced very often and I'm not sure where all that money's going. Strange. Just a rip off.
Misleading title. It should read "HOAs increase homelessness and the houseless".
"houseless"?? the HOA has just signed you up for Engrish wessons. Fwee too yuu.
@@user-zp7jp1vk2i houseless....for those that live with their parents still, they're technically housed, but houseless.
Sadly these homeowners are going to have a very hard time trying to sell their homes for a decent price after this news story gets out to the public.
I bought a condo in June 2023 and the HOA fee was $300 and after 6 months in January 2024. My HOA is almost $1500 a month address is 7740 SouthSide Blvd., Jacksonville, FL.
Should be illegal
Condo built in 1986. How can they think it is worth that much per month??😮
they won't sell with those fees.
I think that many HOA's increases are not necessarily increases, but restitutions. Many HOA's were paying far too less (mine was one of them) than they were supposed to be paying. Yes, there's increases, but how much of it is really an increase? The condos are getting slammed harder as they were paying far too low a fee. Pay now or pay later.... pay never isn't either one of those.
When the wife and I shopped for a home a few years ago here in Florida.We made sure to stay away from HOA'S.
It's very simple. Each association has a budget based on how much contractors charge for the services, look at the contracts and go from there. People want to complain about budget increases but don't want to serve on the board. If you unhappy with the increase, get rid of the board which you can do under Florida statue. Put yourself on the board and then lower all fees by half but being sure that you still maintain all maintenance and service requirements to be sure the community is still upkept including having full insurance coverage.
And once on the board put on public bids for all services... Amazing how many times a board member's cousin got the contract despite being one of the higher priced deals.. Goes on everywhere, everyday because people tolerate it...
Same happens to your pension funds - do you show up for the annual meeting, question the investment advisor, or even know what question to ask without sounding like a fool?
Also, being on the board does not mean it must be a titled position. Being a member at large still gets you access... Or just showing up for the monthly meeting, they are public after all.
@@xyz987123abc Is this happening at your condo?
A Condo in Sun City, AZ monthly HOA is greater than $2400 per month......The Owners are selling for pennies on the dollar and still can't sell them
That's horrible. I'm in Sedona Az and my HOA is $245. I've been here nearly 50 years.
This is exactly the reason why I had to leave in my opinion one of the most beautiful states in the union..Florida is the most mismanaged state.this increase was voted on by a panel of 4 people.that affects homeowners..ridiculous !!!!. HOA should not have that much power for keeping up the grass and trimming hedges..
A roof and paint doesn't require maintenance every year and that landscaping doesn't cost every unit over $1,000! I assume the owners pay their insurance with their mortgages.
What provisions are there to kick out every member of the HOA BOARD?
We need to abolish all HOAs
"WE" do not need to do as you suggest. Perhaps you should read up on HOA's....
Then there would be no condos....no townhomes....no developed single family communities with common infrastructure, utilities and landscaped grounds.....and housing costs would be way higher than it is already!
@@muskyful your last point is backwards because the goal of hoas is to drive up house prices but your terms are acceptable. No developments that are cheaply built and destroys millions of acres of wilderness for profit….. sounds good to me
I have been here three years this month. What a huge mistake. How will I ever sell?
Why would anyone choose to first live where there is a HOA second in Baldwin park.
Time to oust the HOA board members and management company!
They already have open books... The association doesn't have money and now some owners are hiring an attorney and calling the media rather than paying the cost it takes to maintain their association.
EXACTLY!!! The association's financial records have ALWAYS been available to owners!
@@richardneilan2392 Your statement is "EXACTLY" untrue. HOA financial statements conveniently leave out the money that is skimmed off by the managers who process the dues.. The phone jockeys who write the financial reports seem to wind up with numerous rental properties and drive around in late model cars.
@@postholedigger8726 not if your financials are audited annually.. like they should be. If you have evidence of a manager who is "skimming" you should contact the authorities. I have a sneaky suspicion that you don't.
What's the point of ownership
There is no such thing as "ownership" in the U.S. corporation. The American dream..is just that.
My HOA was $250/year, and I was in my house for about 10 years
HOA is like having all the Karen's working together!!!
There may be real reason why cost have gone up. I know insurance rates have sky rocket for FL condos, that said why wouldn’t you have a meeting to explain this to the homeowners They have a right to know what the money is being spent on. Usually board members are residents so not sure why they wouldn’t explain it to there neighbors
Just another reason we don't live in Florida anymore. Best wishes to these people.
Where did you move to? Has to be better than FL.
West Virginia. We lived here previously for 7 years. @@gypsygirl9
@@randallbargar348 Is cost of living less there? Affordable homes?
@@gypsygirl9 Where we live in North Central WV yes houses are cheaper. We rent but for what we were paying in Florida we now have a 3 BR 2 bath house with a basement and garage and good sized back yard. I would say groceries are cheaper and utilities are somewhat cheaper here.
@@randallbargar348 that's awesome! I am looking to move to a state with seasons, not 11 months of muggy heat and high fpl bills.
Wild guess, its the insane Home Insurance costs Florida and lack of Reserve funds
THANK YOUR GOVERNOR
The cats out of the bag. No one wants to insure homes in Florida because they might be underwater. The insurance companies take sea level rise seriously. They don't have time for buying into denial like idiots. That's too expensive.
THANK YOU👏👏👏💯💯💯
A we were supposed to had a town hall meeting about the 93% increase in our hoa fees and it was supposed to be at 6 o clock they change it to 1200pm when we are at work and voted for it then without us having any say on it
Might as well had the meeting at midnight.
This sounds like the board members are colluding with the contractors and property management. The first step is to request new bids on the work that needs to be done and to audit the financials of the board members and the association. My guess is that there has been a massive amount of misappropriation. If most of the residents are elderly, this could be a federal case.
So many homes in Florida have HOA, so its hard to buy with out one
They Even Got HOA's Way Out In Undeveloped Land Ares ~ Its Ridiculous
Who's income goes up 300% FFS? One HOA wouldn't even a llow a wheelchair ramp and became internationally famous. The increase is equal to a monthly mortgage! Can all the homeowners unite to vote them out?
This is due in part to the high insurance Cost
We live at lakepointe condo and there raising our 93% we need to get sentry out and put a new company in who will be more reasonable in hoa fees
Does Sentry Management dictate insurance rates in Florida? Did they also advise associations to underfund reserves year after year? NO!!! Condo owners have done this to themselves, in large part because of theie IGNORANCE!
I'm sorry, but pricing us at our homes is not right. This is pure greed. I don't get raises, but once a year, this is not fair. I wouldn't buy it no way.
What do they do to ask for a massive increase like that? Can the residents vote them out? Can the residents take over the management of the condo association? Then either do the management by themselves or hire a management company but with oversight by a resident board of directors that the residents vote for.
HOA Fees being so high, no one is going to buy, so it will be impossible to sell.
As logical as it sounds, the reality is someone will buy. Housing shortages
how do row houses in older cities do it? each row pay their own or is it also in hoa?
Isn’t there some corruption going on as far as the Accounting goes or somebody is trying to force as many people out as possible by up there are places and then rent them out in my opinion
Why anyone would live under the thumb of a hoa has got to be insane yea ill buy a house and someone tells you how to live not me
I saw these fees at 1400 in some places plus that additional fee. Crazy.
Well that's the crap you have to deal with regarding HOA's. You chose to live there.
What I don’t get is the fact that you have to ask for their finances. I live in a condo in every year. They sent everyone a detailed description of everything that was spent the year before. I think at this point people need to be fired and they need to get a new company.
new roof is $10k per house every 15 years...that's $55 per month per house....Nowhere near $1300...
Why so expensive? The residents should protest and not pay.
The board needs to show why the increases. Absurd.
It’s stunning how many people don’t understand HOAs and HOA fees. People who live in a community with a homeowners association have to remember that the owners ARE the HOA. Complain all you want, but everyone on the HOA board is also paying the monthly fee. I doubt if hiring the attorney is going to change things much in the long run. It’s like hiring an attorney to fight yourself!
Warning: The fewer number of homes in your HOA the higher the cost. I live in an association with only 28 homes. When we have an unexpected expense it is divided by 28. Our HOA fee has gone up from $250/month to $380/month in five years. I am OK with that because we paid cash for our home and can afford it. However, we have some single people here that this increase is hurting them. Any additional increases may force some to sell and move. It is a 55 plus community no pool or clubhouse but beautiful homes. All homes have most living space on main level (including master).
Arent the HOA members of the community? Do they pay the fees too?
Just don't pay it! If no one pays it, what are they going to do, foreclosed on everyone?😂
The lack of laws to control any of this is mind boggling. It's like they force you to pay something by law and are able to put whatever price on it they want. This is insane and it will be beautiful to watch when the bottom drops out on them.
So if the price of insurance has gone up, and roofs need replacing, who exactly is going to pay for that?
Congress must take notice on this
Sorry, congress is too busy on "woke" and "trumps" agenda
In pompano beach too
Why are people paying to live at their own home? This is too much.
These corrupted & Arrogant (H.O.A's) are (Not) allowed to increase, such (High) Association (Fee's) & must be in a very (Low) rate........! Recommend, these methods, have the Assocation Members (Removed) from their Positions, hired an Attorney & notify the State of Florida agencies that regulate; & filed (Written) Complaints........!
Any update on why these fees are going up so much?
Absolutely ridiculous!