There are more than 7,500 homeowners’ associations in Colorado. They govern more than 2 million people. HOA’s are big business. And when neighbors are governing neighbors there are bound to be problems.
“Spending my money for other people’s expenses, didn’t sit well,” Karen Templeton said of her homeowners’ association.
“They wouldn’t let me see the books… could not see the books. I questioned financial statements, they wouldn’t tell me answers,” Jim Burneson said of his HOA.
“Where did the money go? What’s going on?” said Sue Williams about her HOA
A group of homeowners met with CBS4 to discuss their problems with their various homeowner’s associations. They represent several neighborhoods but describe the same sort of issues. Conflicts in homeowner’s associations can get petty and personal.
Read more on CBSDenver.com.