Eagle’s Pointe residents express concerns about property sale (IN)

A group of residents of The Estates at Eagle’s Pointe say they hope a company purchasing more than half of the 1,125 housing units in the subdivision will turn over control of the homeowners association.  Trinity Affordable Housing Corp., a Chicago-based non-profit group, publicly announced last month the proposed $22.5 million purchase of 585 units in the housing addition.  Philip Guistolise, vice president of the non-profit group, told county officials last month the purchase will give the corporation complete control of the homeowners association. He said the group plans to hire a management company based in Alabama, which will use that control to enforce any property violations and evict residents who don’t follow the rules.  But Dennis McNally, a homeowner who lives in the subdivision, said the company’s total control of the homeowners association is a concern for some residents     Read the article………….