Any time I see anything about college football, all I hear is Liberty biberty singing about chicken and waffles.
Somebody is liable to acquire a bulldozer about something like that
This is absolutely insane.
Homeowners in Magnolia Cove, a neighborhood in Sherrills Ford, North Carolina, are watching their HOA fees spiral completely out of control.
Earlier this year, residents were paying $350 a month. In June, those fees jumped to $1,250. Now, just four months later, the HOA has voted to DOUBLE them again to $2,500 A MONTH.
And believe it or not, it could have been even worse. The HOA had initially proposed raising the fees to an unbelievable $7,500 a month. That’s $90,000 a year!
The final approved amount of $2,500 still means homeowners are expected to pay $30,000 a year in HOA fees alone, compared to just $4,200 annually earlier this year.
Some residents are now worried about liens, foreclosure, and bankruptcy because they simply cannot afford these increases.
Imagine working your entire life to buy a home, only to have an HOA increase your fees by more than 600% in a matter of months and potentially force you out of your own house.
How the hell is this even allowed to happen?











