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Re: Downsizing
Old 11-28-2005, 06:19 PM   #41
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Re: Downsizing


I am the President, of a 11 unit Townhome complex. Not President by design, I just can't get anyone to take the job! Can't get people to come to meetings, to discuss anything, can't get people out of their houses, don't respond to directions, don't offer suggestions. Just wanna be left alone and let somebody else do it!

Alot of things have been neglected here, over the years. The only way I've found to get it done, Is Just Do It. So far we've been lucky, that we've had enough in the "kitty." to cover the surprise expenses. Now. If we have another ice storm, like last year, or our property insurance takes another huge leap, don't know what will happen.

When I came into this community, 10 years ago,; our monthly dues were $47.50, per month. They are now $85.00 and we are putting some money into our reserve. We are a long way, from being able to pay for the things that need be done!

I'd be interested in knowing more about you're situation. Feel free to contact me and let's discuss!


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Re: Downsizing
Old 11-28-2005, 06:34 PM   #42
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Re: Downsizing

Originally Posted by ex-Jarhead
JG:* What do your monthly fees run per month?

I assume they cover the exterior of the unit, etc. etc.
Condo is 1000 SF, monthly dues $210. A large swimming pool runs it up a bit.
Covers all common areas, exterior, insurance, landscaping, trash hauling,


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Re: Downsizing
Old 11-29-2005, 12:48 PM   #43
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Re: Downsizing

Our first Hawaii home's HOA had raised dues to $90/year just before we bought the place. That pays for gardening the common areas (mostly medians & sidewalk landscaping) and the walking trail.

16 years later the dues are still at $90/year. The state condemned some common property for a road expansion about 10 years ago (big payoff) and the reserves for a planned recreation center were absorbed back into the budget when the state built a huge park across the street. So all of the projected improvements have been taken care of by our local govt.

Homeowner voting, let alone meeting participation or board service, is so low that a couple years ago the CC&Rs were modified to allow a 35% vote to be the majority. The board had already sewn up the proxies when one meeting attendee asked what would happen if there were 36% "Yes" votes but 37% "No" votes. After a little modification to the original proposal to handle that "oops", it still passed. So our majority vote is only 35%.

And in case you're wondering, no, I don't serve on that homeowner's board. It's a thankless task, I've served my time, I have better ways to spend it from now on.


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