thinkski
Joined 7 years ago
Joined 7 years ago
Developer is a guy named Aaron Guess, Story Homes LLC. Had his contractor license suspended for fraudulent statements (eg promised a pool, mailboxes, lawn care -- there's none) with a $15k fine. There are 80 homes in the HOA, a little over 20 are occupied, developer owns rest, is board president, and controls votes of the unoccupied homes presumably. Subcontractors have not been paid and have sued. Management company terminated contract with the HOA.
This has fraud and embezzlement written all over it -- developer is using the HOA as his personal piggybank.
https://www.terravistarealty.com/search/NC/Sherrills-Ford/45...
The homes in this neighborhood are fairly average single-family homes, ~$400k, roughly the median home price in the US now. There's no shared roof or walls that would be the HOAs responsibility. There's no community pool. Does not appear to be gated. Only expense as far as I can tell is the periodically repaving street, salting, perhaps some gardening -- $2500/mo, even $1250/mo is not supported by those expenses.
Who is the developer? What is their financial situation? Did they take on debt to finance development when rates were near 0% when this development was built ~2020, now that debt has come due but rates are > 5%, and they cannot pay, so they figure they can up the HOA to drop the property prices, evict the homeowners, then drop the HOA again and resell the houses for a profit to shore up their balance sheet?
My laptop has an IPv6 address, as does the router that routes its traffic. There’s no NAT, that’s true, but there’s still a firewall — only inbound packets from a destination host and port that have been sent to are allowed in. And in enterprise environments, from what I’ve seen, there’s a symmetric NAT on IPv6 anyway — packet comes from a different IPv6 address and randomized port than the one client sent it from, making peer connectivity impossible, as the source port varies by destination host and port.