A neighborhood homeowners association, or HOA, in Oklahoma was revealed to be thousands of dollars in debt.
'Hold the homeowners accountable': Okla. neighborhood HOA is thousands of dollars in debt
Three Lakes is a private park, so it’s up to the HOA to maintain it. According to a letter sent out to residents at the beginning of the year, the association is more than $5,000 in debt.“They have to hold the homeowners accountable,” said Rosemary Rowe, a Three Lakes resident.I think a lot of people don’t even know there’s an HOA fee,” Werner said. “My mom has owned this house for 32 years and just found out last year there’s an HOA fee.
“All I got is a P.O. box,” Rowe said. “I have tried reaching the HOA, the city of Owasso has given them my phone number, but I haven’t heard a word.” “They just don’t have the money to fix this stuff so as neighbors in the community we have to come over, step up and do it,” Werner said.
Debt Three Lakes Fees Park Werner Owasso Homeowners
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