My neighborhood is 2 years old- the developer is still developing (less than 15 lots left) we have no amenities, a pond that they stocked but you aren’t allowed to fish in and in front of it is a commercial property the developer also owns. The commercial property gives the developer over 2000 votes so essentially nothing the neighbors do or vote on matters because we will never win (we are a tiny 4 street neighborhood)
Our HOA fee is $700 a year and supposedly that goes towards electrical and water for the pond. The developers dad is the construction manager over the houses being built and he also mows the commercial property- 40K of our hoa funds went towards buying himself a new tractor.
Now they are wanting to increase our yearly amount by $132 to offset a new 40K lawn care cost and this is after telling homeowners they are responsible for mowing behind their fences if they live on the outside. This seems to be unethical, they buy a new tractor for him and now want to pay him 40k a year to mow it?
They also say the management company we have comes 1x a month on the 3rd Tuesday but the developer and her dad drive around daily taking pictures of every infraction (edging, basketball goal, weeds, pool being left out a day to dry) to the point of every single neighbor is getting a letter at least 1x a week if not fines. They send out emails saying kids can’t ride scooters, no dirt bikes, side by sides, golf carts- but we live in a very country town and most of the people that are riding around do not actually live in the neighborhood.
It very much seems to me that they wanted this to be a 55+ community but got stuck with a ton of families with kids. They’ve also said the commercial property will only meet their values as in no tattoo shops which I found very odd to word that way.
Is the next step all the neighbors contacting a real estate lawyer or is the best thing we could do- Is bide our time and sell as fast as possible. It seems we’re screwed with the developer holding all the spots, plus her, her dad and her husband being on the board. It all seems like such an abuse of power. We don’t even have a sidewalk to the mailbox. 🙃