Ogden HOA left in lurch while management company investigated (NC)

After a Garner-based management company, Kornerstone Community Management, closed its doors abruptly in August with no notice to homeowners’ associations it managed across the state, at least one local HOA is without access to its bank accounts.  The HOA of the Holly Field subdivision in Ogden was one of the associations under the management of the company.  Notices posted throughout the subdivision on Aug. 19 stated that the HOA’s most recent financial statements from the company showed Holly Field had approximately $89,000 in the accounts the Kornerstone Community Management managed.    Read the article…………


Related Articles

N4T Investigators: HOA Damage (AZ)

Video report on homeowners claim of water damage from HOA-placed sandbags.     View the news report……………

Woman pleads guilty to Hollymead embezzlement (VA)

An Albemarle County woman pleaded guilty Wednesday to embezzling roughly $73,000 from a Hollymead homeowners association.  Read more…….

Manager takes $120k from the association at the Windslow Crossing condominium complex (IN)

39-year-old Marcy Smitley, is accused of stealing more than $120,000 from a homeowners association she managed on the south side