How Does HOA Fool us?

Posted in: Circle C
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  • ls0909
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Assessment cap set at $164,000

Feb 6, 2004

Lisa, Lisa, Lisa. Your hype about assessment overcharges is the type of mis-representation that drives me and other people in the middle crazy. You conveniently failed to mention the $164,000 cap for this year. Do any Circle C homes built between 1995 and 1999 fall below this in assessed value? Yes, some do but most do not and there is no way that 1 of every 3 homes built in Circle C in that time frame falls below $164,000 in assessed value. I looked at a few houses in various sections of our neighborhood and the only section that I found homes with assessed values below the cap are in Wildflower Park. In this relatively small section (of Circle C) it looks like about half of the homes fall below the cap. Most of the homes that do fall under the cap are pretty close to it resulting in overcharges of ~$20/year. Going to court over this is a total waste of our court system and tax payer money.

Your insinuation that Mr. Bartlett is like Lea Fastow is ridiculous. I too do not know Mr. Bartlett other than hearing him at the meeting Tuesday night but please, Lea Fastow? Did I vote for Steve? No I didn?’t. Do I think that he is a bad guy? No I don?’t. Has he done a good job for Circle C? I think so but I also think we need change. At this point, he is out ?– is it really helpful to be disrespectful toward him?


-By btl512

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  • ls0909
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How Does HOA Fool us?


btl512:

I feel so sorry for you for being so timid. If you have the guts to stand up for Mr. Bartlett, you should at least to have the courage posting your true name.

What do you mean by ?“Assessment cap set at $164,000?”? What does that Travis County Capped Value have anything to do with our Association Assessment? If you don?’t know what you are talking about, please consult an accountant before making a post. No wonder you are hiding behind ?“btl512?”!

Sure, there is an Assessment Cap on our billing. If you own a more expensive home, you might not have been overcharged at all. Even if you own the exact same value of the home of your neighbors, you might not have been overcharged if your neighbors claimed more exemptions than you do. Do you understand what that means?

It is not so difficult to figure out whether you have been overcharged or not. You need three items as follow to dig out the truth:
(1) TRAVIS CAD Property Information of your home
http:www.trviscad.org
(2) CCHOA?’s Assessment Notice
(3) A calculator and some brain cells if you have any
But of course, you also need the ability to do simple math.

Divide the Travis County Assessed Value of the preceding year by 100 and then multiply by 0.25. If the answer is LESS than the Assessment Cap on the Association?’s billing, then you have been overcharged. If the answer is MORE than the Assessment Cap, then you have not been overcharged. It is just that simple. Do you understand?

If you still don?’t understand, I strongly suggest you to go back to your elementary school.

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  • jedwards
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CENSORED: Hard Evidence

This post contained private information about a member of the CCHOA. That holds no authority position in our HOA and they asked that their private information we withheld. In this one instance, the posts are reposted. Future posts with any private information will be automatically deleted. A portion of the thread automatically gets deleted with the initial offending post.

Website Coordinator
++++++++++++++++++++++

I stand by what I have said. I had studied 50 homes at Circle C North, and 1/3 of them have been overcharged of the Association dues for the last couple years. I have hard evidence.

Here are two examples from two homeowners:

Homeowner #1

1999 ?– Paid $307.62, Assessment Cap was $371, should pay $246.09, had been overcharged by $61.52 = 25%

2001 ?– Paid $362.50, Assessment Cap was $376, should pay $270.70, had been overcharged by $91.80 = 33.9%

2002 ?– Paid $394.00, Assessment Cap was $394, should pay $297.77, had been overcharged by $96.23 = 32%

Homeowner #2

2000 ?– Paid $333.77, Assessment Cap was $359, should pay $267.01, had been overcharged by $66.76 = 25%

2001 ?– Paid $376.00, Assessment Cap was $376, should pay $293.71, had been overcharged by $82.29 = 28%

2002 ?– Paid $394.00, Assessment Cap was $394, should pay $328.00, had been overcharged by $66.00 = 20%

-By Lisa (ls0909), BeatGreedyBoard@aol.com
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  • jedwards
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Why the Vitriol?

Why the Vitriol?

Feb 6, 2004
Why in the hell does everyone on this site who are in the ''oust the board camp'', have to be so angry in their postings? The reply to btl512 by IS0909 was negative verging on getting personal. What did btl512 ever do to you, IS0909 to deserve that kind of reply?

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