Hunters Creek Homeowners Association

Dues are NO different than House payments,a car payment,your electric payment,or phone. If you fail to pay then your house can be taken,your car repoed,your electric shut off,as well as your phone being disconnected.

Discussion....Agree or Disagree?
Why,if you disagree?

By HCBResident

What is HOAs?

Homeowners' associations, or HOAs, are formal legal entities created to maintain common areas and enforce deed restrictions. Most condominium and townhome developments, and many newer single-family subdivisions have HOAs, which are usually created when the development is built. Covenants, Conditions & Restrictions (CC&R's) are issued to each homeowner, and HOAs are established to ensure that they are adhered to in order to maintain the quality and value of the properties involved.


Features of a Homeowners' Association:

Membership is mandatory for all property owners within the development
Members are usually charged mandatory fees
Homeowners associations have the authority to enact and enforce maintenance and design standards in addition to those established by City ordinances
Homeowners' associations are corporations with formal bylaws - there is usually a governing board which hires a property management company to handle maintenance and enforcement issues
Many homeowners' associations publish a newsletter.....


According to the Community Associations Institute:
http://phoenix.about.com/gi/dynamic/offsite.htm?zi=1/XJ&sdn=phoenix&cdn=citiestowns&tm=222&gps=142_512_1020_592&f=00&su=p529.3.152.ip_p554.2.150.ip_p284.5.420.ip_p531.17.420.ip_&tt=2&bt=0&bts=0&zu=http%3A//www.caionline.org/

An estimated 50 million Americans live in association-governed communities.



By HCBResident

Continue.....

Some 1.25 million people serve on community association boards, with another 300,000-plus serving as committee members.
About 6,000 to 8,000 new community associations are formed every year. This includes condominiums, cooperatives and planned communities. It is estimated that more than four in five housing starts during the past 5-8 years have been built as part of an association-governed community.
The estimated real estate value of the homes in all community associations is about $2 trillion, approximately 15 percent of the value of all U.S. residential real estate.
Estimated annual operating revenue for U.S. community associations is $30 to $35 billion.

By HCBResident

agree

We do get something out of the service.
Lights
our grass is cut in the common areas which looks presentable and allows everyone to use for their enjoyment and controls the bugs and other pests.

that only names a few.