Monday, July 14, 2025

A SERIOUS HOA ISSUE LOOMS...

Inspiration Point by Lambuth Inn
(our HOA is on part of that mountain)
(click to enlarge)

I sounded this alarm last year, and we're ever closer to a tough decision we as an HOA must address.  No, not from Helene, though that did a whammy in parts of ACA, having us up our dues to $500 per lot this past assessment.  Rather, it's whether we can assemble a board to take over the reins from the current board that has served multiple years running, and they need a break.  They have bent over backwards dealing with our typical issues as well as emergency issues as they arose, and while the board asks every year for volunteers to step forward, it hasn't happened.

Be it president, vice president, treasurer, secretary, etc., the board is calling earnestly for volunteers to help out.  'Payment', per se, is one lot pro bono from assessment.  Meetings heretofore are rather minimal, though phone calls roll back and forth with winter and other situations as they arise.  Even if you don't think you have enough knowledge of this HOA and what they do, there will be plenty of advice for the asking, I'm sure.

The alternative?  Privatizing the HOA and hiring a third party to take it over.  While that may seem like a viable option, the potential cost projections for annual lot assessments will be significantly higher.  Though I am not privy to any further details as the scope of what we would want such a group to actually handle, our very affordable $300 per lot could easily jump to $1,000 or more per lot. LOTS for us all to consider en route to our annual meeting that will be somewhere between late August and early September.

I'll even get the party started by throwing my hat into the ring for Secretary.  I'm swamped with my work at DMV, but I do like communicating and getting information out, and with my weather background I can help in anticipating travel-impacting events before and as they unfold, winter or otherwise.

Please give it some thought and mulling over.  This will not be an easy decision we make as an HOA, but we will need as much input as we can get as that time approaches.  I'll write more in a couple of weeks....just throwing it out there for now.



Bob


1 comment:

  1. Hey Bob, I would consider being on the HOA board. How do I get more information and/or formally throw my name in the hat?

    ReplyDelete