Neighbors Meet With The City Of Denver To Try To Stop HOA Foreclosures
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- Опубликовано: 17 сен 2024
- Saturday morning The City of Denver hosted a foreclosure and housing assistance meeting for homeowners at the Green Valley Ranch Recreation Center to try to help residents facing judicial foreclosures from their HOA. Read the full story at cbsloc.al/3i1QpHl
That you CBS Denver for running this story. People work so hard to buy a home for their family and there should be no law for a HOA to foreclose their houses like that.
What are the names of the board members? Maybe they need to be investigated, and talked about. There's obviously something going on within the board members and their decisions.
They want to replace them with the “right type” of owners who will increase neighborhood house prices
@@Luther_Luffeigh Agreed I believe they are trying to gentrify GVR. You can tell by who is now moving into GVR
I plan on going to the board meeting now. There is strength in numbers
AMEN!!!
@@Luther_Luffeigh are you seriously playing the race card again? So sick of it. These people have a right to keep their homes because they haven’t done anything wrong, not because of their skin color. Quit pushing the narrative
HOAs should be illegal.
I just don't understand the point of it 😕
The News service needs to dig deeper into this story. There is no reason to put a ton of people out on the street because of fines. Add to that fines that are being levied with no answer as to why?
You have to read the docs. They know exactly what they did.
Yup!!!
Its called Greed ! Its the American Way !
@@1brotherlove829 it's called illiteracy. Also apparently the American way.
@@jethrobodean8585 No I think they can read, they just underestimate the people people that work for the HOA !
HOA's should be illegal.
They're not all bad.
Even if they foreclose on the homes who in their right mind would buy one with such a crooked HOA?
Preach
Big companies from out of state, then rent to whomever and ruin the community.
There's ties within the HOA to investment companies.
The goal is the move in gentrifiers that have like minds. Then the new gentrifiers will vote for more harsher ordinances to get the rest of the minorities out and then you have successfully gentrified the community. In the meantime the HOA pocketed the stolen equity in the homes to fatten their account. Notice how many of the hard working people that loss their home was not behind on their mortgage. The crooked HOA constantly administers fraudulent fines to force the takeovers. It's a racket.
Apparently the HOA sells to their employees.
GVR homeowners should have the HOA Articles of Incorporation. Check those out most HOAs should state that any rule can be changed by a 50% vote of homeowners. They could vote to forgive fines and eliminate future ones. Hope this helps
That is a disgrace and is ridiculous. You pay your mortgage and an admin (not from your lender) can work to strip away what you've paid for?
Probably so they can get top dollar now too .. smh
Yep. Never buy a home that's under an HOA!
The green valley ranch residents should be packing those hoa board meetings demanding a vote on a new board or for the abolition of the board. I think the sign in the video said 6 pm March 16th and March 21st. Make the HOA regret ever existing.
This HOA wants to replace them with the “right type” of owners who will increase neighborhood house prices
This sounds criminal … district attorney needs to look into it
GVR HOA is a really agressive one, it definitely seem a problem while I lived there
I smell a land grab.
I had to pay $26.8k to Denver Sheriff to give to the Westwork Management for my one year lapse of HOA fee ($3600) during pandemic 2020-2021. My Park Hill Condo Association 2021 Finance summary did not show that $26.8kin our financial statement from the Westwork HOA management though. Tax Fraud. Denver Attorney General, IRS, please look into the matter.
That many foreclosures in such a short time, someone or more in that HOA is into some shady activities.
in my state, you are entitled to a hearing with the board before the fine is assessed, but usually they fine without a hearing
The state needs to step in, don't wait until GVR HOA board members displace these families, steal their equity from these owners, then you have more homelessness. Somebody needs to do the right thing.
Joe Biden is busy giving Ukranians Billions and free pass to migrate
Greed. Shameful
It very obvious who they are targeting with those bogus fines (Asians, AA/Black and Hispanic). The wm complaining to the distressed evicted HO seems suspect and bet he has a hand in the board somehow.
Thats why you don't buy a house in Hoa Community.
So let me get this straight I pay my mortgage on time every month I'm good but because of loopholes with HOAs I can still lose my house for ridiculous things
Absolutely! They can steal your home out from under you and sell it for profit. NEVER buy a property under an HOA.
One of the many reasons you never buy a home with an HOA. People need to mind their own business. You pay the house payment, they don't, they should have no say. Obviously don't let your property turn into a dump.
99.9% home owners keep their property looks good. No need for HOA
Close down HOA. The community voted to have a HOA. So the community can vote to not have a HOA. The money you are paying for HOA is a rip off.
It sounds like the HOA is sending fines intentionally to drive some owners into foreclosure. The board members need to be investigated for criminal activity. Why are these owners worried about keeping their equity? There is NO WAY THAT THE HOA can keep their equity legally. The owners should also have been given a choice of action before foreclosure. They can simply sell at a discount to new buyer who will agree to pay with sale discount or they can take out a home equity loan. But the REAL ISSUE is the excessive and maybe illegal fines the HOA is sending to these owners. Who is monitoring the HOA and how are they accountable? You cannot bombard homeowners with unreasonable fines.
I absolutely hate Hoa it’s a way of control.
Why are HOAS legal. It's like having parents for adults. Its a scam.
Mine charges 75 dollar non refundable fee for having birthday parties at your place
I'll be more than glad to pay that fee and then I'll go flat the tires of the HOA representatives. All of them. Yea, I'm that guy lol 😂
Yeah hoa’s need to go! Your mortgage should be your top priority. If the state made those laws than you should get a state tax break for hoa dues..
Eighth Amendment
Most often mentioned in the context of the death penalty, the Eighth Amendment prohibits cruel and unusual punishments, but also mentions “excessive fines” and bail. The “excessive fines” clause surfaces (among other places) in cases of civil and criminal forfeiture, for example when property is seized during a drug raid.
The state created HOA's so they don't have to follow up on residential issues. They are content with abuse of this kind as long as property values go up and they get their tax money. I understand we need to keep our areas maintained but this is flat out abuse of the HOA policies/power. If the state does not backup these homeowners then the rest of the homeowners are on notice they are next.
Corrupt. !!!!!!!!!!!!!!!
Yeah I RARELY cry racism, but this feels like absolute gentrification by expulsion. This is VILE.
HOA’s sound like another way to create an out of control monster with the easy ability to abuse their power.
I've been on the board of directors of two HOAs where I've lived in the past. One was small (52 homes and the other bigger 263 homes). The boards were always comprised of homeowners and we were concerned with the neighborhood and always worked with homeowners to resolve any issues. We weren't bullies that didn't communicate with homeowners. There's something wrong with this HOA board if these homeowners are not aware of fines and fees until it's too late.
On the flip side, when you buy into an HOA neighborhood you must be aware that there is this extra layer of "governance" over your property and you need to be involved and knowledgeable of what's going on in your HOA. Going to HOA meetings (which usually are once per month) is a good way to keep abreast of how your HOA is running.
This would never have happened in 08 no equity to go after. I bet it's a heartless hedge fund doing this.
I love that nobody ever has enough time to join an HOA board. If a Board is overpowering, someone has to join the leadership to change stuff. Apparently it’s just not worth it to anyone
Sure they didn't think their homes would be stolen from them!
I guess you missed the residents stating the HOAs Don't communicate with them. I'm sure if the Hoa was playing fair, they wouldn't have a room full of folks some whom are nurses, Dr's etc. who would like others want to keep their home their paying their mortgage on. I wouldn't be a armchair quarterback on someone else's situation until I knew all the facts. You never know when your going to be in a messed up situation and then others make dumb comments without knowing all the facts!
I’ll bet the HOA board members are a bunch of do-nothings with time on their hands to spend conspiring to rob and cheat others who work around the clock.
Everyone's quick to blame the board but there's not a lot of conversation about what the bylaws or the ccrs are saying. When you move in you're given a copy of the bylaws or the CCRs depending on your community. The rules and regulations are also something else that you're given which usually explain what are things that can be fined for. The board is only enforcing what those items are. But it does sound like they are excessive and inappropriate.... But it is the board's responsibility to have those documents that are legally filed with the state upholded. I agree with other comments if you don't like it show up at a board meeting. And if it's important enough to you you'll get off of work even if it means taking a vacation day because that's a lot of money to not make it a priority.
You work for the HOA?
@@FootieLaughs most HOAs are volunteer positions maybe referring to the management company and no I do not but I have been on my board because I was frustrated with decisions that my board was making so I became a board member to make the changes that I thought were acceptable for my community.
@@stephaniesawicki4753 I think in GVR area it's planned robbery.
@@FootieLaughs it definitely sounds like something shady is going on. I completely am not disagreeing with that. I'm just saying sometimes we're not looking at the big picture with the short videos. It sounds completely wrong that 50 houses in one community could be foreclosed on because of fines.
The HOA board is just neighbors who volunteered to be on the HOA board. Vote out the HOA board. Fire the property management company. The HOA board and residents who live in the community to fire the property management company and hire a new property management company.
This definitely might be discrimination. Base on fair housing laws, these residents have a case that they can file in court for fair housing discrimination. The sue HOA board members individually and the property management company separately.
Something doesn't smell right about this. I am constantly hearing about problems with HOAs
We have a housing shortage currently
Their problem is the Board
Seems to me like the HOA is doing some crooked business 🤔
I lived under an HOA once sold it and never again.
Same. Total scam.
Unreal they had this power. Hoa fees, metro tax! Greed!🤬
This is crazy!!!
Fraud! They all need to go to jail! Somebody is telling or paying them to do that! Somebody want some houses for cheap
How do Governor and Congress of state think about this abuse situation ? People want to hear from you .
These folks need to contact the Institute for Justice, ASAP! They might be able to help!!
Foreclosure from this HOA is wrong and should never have been in the “Covenants”. The City of Denver should standardize local HOA Covenants to be fair but forceful.
Sue them to the dirt. This HOA is criminal
So how does this work? If you have a mortgage on the home the first lien holder is the mortgage company. The HOA would become the second Lien holder. How can they foreclose on a house which may still have a mortgage of 300,000 when their lien is only say 8,000
They would pay the mortgage company with the new buyers mortgage , it is all money transfer stuff , your mortgage company don't care about nothing as long as they get their money , the foreclosed owner is the biggest looser at the end because they could lose some or all of their equity money including the down payment.
@@diamondgirl2612 Thank you for the explanation :)
Demand an audit! If memory serves correct, if 1/3 of the residents demand it and the HOA takes in $250,000 annually, they have to comply. Band together and get a consultation with an attorney or a CPA that can guide you. Vote against ridiculous fines and having them cause homeowners to go into foreclosure.
There should be no reason for HOA to have that much power to begin with.
This was aimed specifically at the black, Latino and other minorities.
The bottom line is that the HOA wants to resell the houses for a higher price. Therefore, they need these people to vacate the premises.
Definitely sounds like targeting.
Please listen to me: NEVER, EVER, EVER buy a home that has an HOA. NEVER DO IT. It is just not worth having your home at risk.
I would never buy a house in an HOA area.
Disband that HOA!
I live in British Columbia Canada. We don’t have such things like HOA. We are good. Just get rid of it
They must not have heard.
I see more homeless? what a disaster? if you have bad record credit no renting=homeless I thing they get pay for each homeless?
This is real fishy! Someone needs to investigate the Hoa board , who is getting kickbacks.
HOAs should be abolished, but barring that, they should not have the power to foreclose. Perhaps placing a lien if fines are *legitimately* owed, but not foreclosure. But before a lien could be placed, there should be an independent third-party arbitrator that a homeowner can appeal to who would make a final determination.
as so called "home owners" which they never were under HOA... their rights weren't violated because they had no rights to begin with.
This is why I will never live in an HOA.
So you pay someone monthly to foreclose your home! What is the benefit of HOA?
play and hear this song titled: "i won't back down" its by johnny cash...and it sure fits the problem here, and the truckers woes too. allour problems with government in fact.....
Some spooky going on at that HOA community's.
Anyone notice the race of people they putting out of there communities?
This is racism..
You need to get a group of your angry men and women together and have them show up armed with rifles and shotguns to that HOA office. These are your homes. Look, they got you on these stupid hidden by laws and meetings and permits and violations....stop all that by exercising your 2nd amendment right. These theives need to understand that your property is just...YOUR PROPERTY and you will defend it.
Great advice!!!!!!! Lmfao lol 😂
Make HOA gone!
Looking at the room it’s pretty obvious they’re being targeted by the HOA. The HOA is levying these fines and when homeowners can’t keep up, they use it as a reason to foreclose.
Dismantle hoa across untied states. If I buy a house, my name is on the deed not the hoa. A lot of people may not have a choice when buying a house, but to me an hoa is not one of them.
This is gold lol 😂
Read the fine print people! Don't just be happy to sign!!!!! And last but not least, NEVER BUY A HOME IN AN H.O.A.!!!!!!! Good Luck with that HOA.
more laws … 🙄😤
Something sure sounds fishy if 1/3 of HOA foreclosures are coming from one community. I joined the board of our HOA because I wanted to know first hand the decisions being made. Now I'm the President by default because there are only 4 active members and that is a shame. Since Covid all of our meetings are by Zoom. We send newsletters with the information, but homeowners still don't participate. Our HOA dues are only $82.00 and have been that way for many years. There has been talk of raising the dues to increase the reserve. IF they are raised, I want to make sure it's nominal. But homeowners should be active and aware. They can't get made when/if they do go up.
HOAs were initially created to maintain watershed ponds and conduits. WTF happened? Worst case scenario it should be a board of people who act only on the residents collective demands.
I really don't blame the HOA for this but don't blame the homeowners either. What I do question is why anyone!! would want to live in an HOA property. You couldn't give me an HOA property. Buyer beware.
If they foreclose on you just burn the damn house down.
HOA not communicating with them. LOL. Sounds familiar. Our HOA president accused me of causing problems when I call out the board because I could see cause and effect problems for the board's decisions down the road. I sold that place before the HOA financial problems started. Don't buy into one. Chance's are high that you'll regret it and it can cost you a lot of money and headaches. An HOA is regulated by state law not city township or county. These people are barking up the wrong tree. Besides, if the HOA isn't breaking state law there's nothing they can do to stop the foreclosures except work with the HOA.
100% this is about race
What happens when we look at who is getting fined? I think maybe a demographic is being targeted
It’s lots of people of color there…sounds like a class action law suit.
What is HOL?
Someone is always a victim
Time to get the torches and pitch forks.....
Fools!
Yeah I knew the colorado boom was a bubble.
Gentrification is the reason
Pretty crazy lame HOA can come and take your house.
Yep, that is how they roll in Denver. They have been displacing Blacks in Denver for the past 20 years but they want to give Blacks an official Juneteenth holiday. Lol
HOA = problems... I will never move I to h oa property's
they basically taking there homes smh
I believe it’s all a scam
so much wrong here hoa is wrong 100 but read what you sign get together go to meetings proxy your vote gather small groups of people that work different shifts make sure there is a news letter be responsible
I endestend your pain but is just straight stupid to buy a home with HOA, it will never b yours.
Break the rules, you pay the price. Go live somewhere else so us that abide by the covenants can have a better neighborhood.
Which rules did they break?
I've been on both sides -- a part of the HOA and a grumpy homeowner about an arrogant HOA. I did learn while on an HOA that homeowners like to whine and make excuses, but generally deserved the fines.
🤬
Actually, a lot of these people admit to ignoring the fines for various reasons/excuses. Same people probably have had cars towed or repossessed.
Yes been targeted because of race
Solely because of race..smh