MF update for WSJ Hillside
For 2Bd Townhouse - increase in base MFs (not special assessments) - w/o SVN fee
2005 $1,052.87
2006 $1,204.13 14.4%
2007 $1,322.98 9.9%
2008 $1,521.17 15%
2009 $1,600.65 5.2%
2010 $2,000.88 25%
{SA = ~$865 over 3 years - 2009 to 2011}
almost doubled in 5 years...
I just sent a very harsh note to the WSJ HOA.
If this incredible increase of 25% in MFs is because of Owners not paying MFs - do Owners ever get compenstated via these units becoming available via SVN, II/RCI, or thru the rental programs?
If this increase causes even more Owners to default or be deliquent - do abiding Owners also take on their MFs? If so - then it becomes a slippery slope.
I want answers!
Please contact the WSJ HOA and complain LOUDLY