04-09-2015, 06:43 AM
why do you feel the HOA's should be run by folks who do not own land in the subdivision?
Conflict of interest. HOA needs to be a simple business function which facilitates the goals of the ("entire") community, not a cash cow to be milked, nor a mechanism to influence property values for the benefit of a few speculators.
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I differ in opinion on this based on my experiences with HACA & HARC. Being a property owner since 1988 and the office manager for 10 years, I simply worked for everyone in the community. No conflict of interest and certainly no "cash cow"! But our 2 non-profits are not mandatory for lotowners to join and hence much less $$$ to deal with, which can bring out the freaky in even regular folks, lol! However, in most subdivisions, HOA's have the ability to place liens on properties and receive big amounts of $$. I hope we can agree that this is where the conflict of interest may be found.
Conflict of interest. HOA needs to be a simple business function which facilitates the goals of the ("entire") community, not a cash cow to be milked, nor a mechanism to influence property values for the benefit of a few speculators.
[/quote]
I differ in opinion on this based on my experiences with HACA & HARC. Being a property owner since 1988 and the office manager for 10 years, I simply worked for everyone in the community. No conflict of interest and certainly no "cash cow"! But our 2 non-profits are not mandatory for lotowners to join and hence much less $$$ to deal with, which can bring out the freaky in even regular folks, lol! However, in most subdivisions, HOA's have the ability to place liens on properties and receive big amounts of $$. I hope we can agree that this is where the conflict of interest may be found.