Don't forget the Annual Meeting Nov 10 @ 7p

Don't forget the Annual Meeting Nov 10 @ 7p at the Clubhouse. I assure you that you will get your money's worth! ;-)

It is my pleasure to inform you that we have recently collected 3 YEARS of unpaid dues from a homeowner! Unfortunately, the Board had the unpleasant task of filing a foreclosure action against the homeowner. This was an action NOT taken lightly and it is my sincere desire NOT to have to repeat it. The intent was not to throw the resident out but just to reclaim the 3 years of back dues that were rightfully owed to the Association, which was accomplished. Unfortunately, the owner also had to compensate our legal counsel, which dramatically increased the monies owed.

It was the opinion of our legal counsel that most foreclosure filings against owners for deficient dues results in those dues being paid in full. If you aren't aware, HOA's are behind only Uncle Sam and your mortgage company as a lienholder on your home (and mine).

Action to foreclose will be a rarely used tool to recover the dues money that should have been paid in the first place. I pay my dues on time and you pay yours, so why shouldn't we ALL be held to the same standard? At the present time, the Board will apply various collection strategies, including foreclosure proceedings, on the most egregious of deficient dues.

FYI, the dues are NOT increasing for 2010.