Sunday, March 28, 2010

I'm not too happy right now...

NVR provided me with the final settlement statement and there's over $400 worth of charges that differ from anything I've received in my contracts from Ryan Homes. My loan specialist with NVR told me to go back to Ryan Homes and my sales agent there for a resolution.

Here's the increases that are in question - and they are ALL issues with the HOA (homeowner's association).
  1. HOA initial enrollment: my contracts all state $850, now they're claiming it's $1065!
  2. HOA capital contribution: $150 I have no idea what this is, it's not in any contract
  3. HOA monthly pool fee: April - June $75 this was never documented in my sales contracts
This happened on Friday. I've contacted Ryan Homes and am waiting for a phone call back. This has left me with a bad taste in my mouth with regards to our HOA. I'm also concerned that the planned club house and fitness center may be a long time from actually being built. I spoke to a resident of the development who has lived there for a year already. She has asked about this and isn't really getting straight answers. I spoke to management at the golf property and he said he's hopeful they will break ground on this in the Fall. The actual developer of the land (not Ryan) is having some financial difficulties...

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