3 ms·
So the HOA was indeed quite concerned with their property values and that a higher assessment impacts sale value. It's also important to note that this HOA cove
by ocdtrekkie 1y ago
So the HOA was indeed quite concerned with their property values and that a higher assessment impacts sale value. It's also important to note that this HOA covered multiple buildings, and none of the board lived in mine: So their unit was not at risk from the structure, but their assessment price was.
The buildings were approaching an age where more significant/costly maintenance is necessary and I don't think they wanted to have to do those things.