STARDUST HILLS

 

Just some of my thoughts about the HOA.

Take a ride on the streets of Cloverdale, Indiana, look at the yards and homes.

All the working people living in those homes pay city taxes from their pay checks.

 

Next take a ride on all the streets of Stardust Hills, look at the yards and homes.

All the working people living in those homes pay city taxes from their pay checks.

 

The only difference is the people in Stardust Hills will pay $280.00 per year HOA fees to live in a better maintained area.

After the ride through both areas do you feel that the HOA area is a better maintained area than the town proper?

 

I personally don’t know if getting rid of the HOA would solve anything.

But if you can’t enforce the rules then I say get rid of the HOA! 

 Rotten House at Lazy River and Frost Ct has been setting there ever since we moved here 8 years ago!

 

I saw a category on the proposed budget called “DEPRECIATION FOR AN AMOUNT of AROUND $5,000.00 .

How do you pay yourself for a loss in depreciation in a budget?

 

Presently the HOA takes in (220 x 402=$88,440.00)   If raised then: (280 x 402=$112,560.00) That would be a $24,120.00 Increase

(Apparently everybody don’t pay because there is a lot of lawyer payments to help collect from past due home owners)

The HOA should look for ways to save money on some areas of the expenses.

Rather than consider raising the dues.

 

There are trailers in the project that should be condemned and removed from Stardust Hills.

A special thanks to the Flinchums for their help with the cleanup around the project!

 

What is the HOA for?

The developer sets up an HOA to preserve the looks of a new neighborhood. This will help keep your property value up.

A neighborhood will degrade in time and he would like to see the degradation slow down.

The amenities he puts in and the open grounds will need to be kept clean and grass mowed.

Those things take money that the developer does not want to pay, so that’s a good reason for him to establish an HOA.

The HOA board will have to hire a Grounds Keeper, and an Office Manager.

The Office manager will take care of the books and rent the Community Building, and the pool.

The Community building will have heat and air conditioning to maintain.

The Grounds keeper will need a lawn mower, weed eater, and a blower. He will also have repairs.

Utilities will also have to be paid.

The office keeper will have to be paid.

The grounds keeper will have to be paid.

Now let’s suppose you have all these things set up and the place still gets run down over time.

Is it the HOA that let the project get run down?

Should your dues go down because the project is run down?

What would happen if the HOA would just quit.

Would the project look like the rest of Cloverdale that does not have an HOA?

Every working person in the Project and the town pays City taxes. The city has rules about tall grass and building codes.

 

If the HOA is thinking about raising dues, how do they justify the raise?

Everything goes up in price over time, but some people don’t have the option to pay more because of health or age or fixed income..

If you are in the same situation as the HOA and you don’t have a way to get more money.

That’s a bad situation!

The HOA has a person go around and find violations and sends a letter of notice of violation to the violator.

That costs legal fees.

Those legal fees and a penalty fees should be paid by the offender. I don’t know how much that adds up to but it should help cover some of the DUES short fall. If They Pay!

I know when you get a traffic ticket the town gets to use those funds for whatever they choose.

 

March 2024