Tuesday, November 25, 2008

HOA Management

By now you should have received a letter and ballot regarding the future of Heather Pointe (HP) .
If the number of votes needed is secured, the present board will enter into a one year contract with Metcalf Realty. A one year contract is sought so as to determine the quality of service by the realty company.

The question has been asked, " How much increase would there be per year?"
As written in the Heather Pointe Covenant, dues can only be raised 5 % per year. Metcalf must also follow this percentage rule and can not increase the dues more than 5 % per year . In order to raise dues more than 5%, 66 2/3 of the families must vote yes. That is why you are receiving a letter and ballot because this is more than a 5% increase being asked for. It will be up to future board(s) as to whether they want to increase dues more than 5% and also if they wish to continue with Metcalf.


If you require further information you may contact:

Sabrina Gaddy
Metcalf Realty
879-2155 ext. 215
sabrina@metcalfrealtycoinc.com
or
Bob Lacey
Metcalf Realty
879-2155 ext. 207



No doubt there has been discussion with neighbors and friends but this is YOUR decision. I urge you to contact Metcalf Realty with any questions you may have. You need the facts and not hearsay. Whatever you decide please return the ballot. Your home investment future is at stake.
I have placed a copy of the ballot and letter on this post for reference. Click the picture to enlarge it.