The Alabama Concerned Homeowners Alliance (ACHA) is a grassroots organization created to act as a voice for homeowners in communities that are governed by Homeowner Associations (HOAs) . Their goal is to change current Alabama Real Estate Law to provide more protections for these home buyers, and they believe HOA information disclosure and accountability should be a right not a privilege.
The Alabama Concerned Homeowners Alliance is conducting a FREE roundtable discussion seminar on current HOA issues. Local Attorneys Angela Ary of Heard Ary, LLC and Rebecca Hill of Johnston, Moore & Thompson will be speaking on the risks associated with purchasing homes in the Huntsville area.
Buying a Home in Alabama can be risky business. Top that off with purchasing a home in a Huntsville neighborhood or Madison neighborhood that has an HOA. …Why?
Consumer protection is nearly nonexistent in Alabama, when compared to many other states:
- Lack of Disclosure
- Lack of Accountability of Homeowner Funds
- Delayed Transfer of Common Property from the Declarant to the HOA.
Toss this all together, and you get home purchases that are VERY risky. Often times, buyers in the Huntsville area are not informed, given information that is INCORRECT and don’t perform due diligence before buying. Many times, buyers fall in love with a home and throw caution to the wind, with the whole “This won’t happen to me” idea.
@Homes Realty Group’s mission statement is: Where the consumer comes first, always! …I, along with ALL of the agents in our office, will be attending this meeting with bells-on, so we can better serve our buyers and sellers and make sure you ARE protected to the best of our ability. That is our job and one that we take seriously. I urge you to attend as well.
Madison City Hall Council Chambers, 100 Hughes Road, Madison, AL on Tuesday, March 1, 2011 at 6 PM. Also expected to participate are representatives from the lending, insurance, REALTOR®, building, legislative, professional management, & appraisal fields.