COLORADO – Stan “The Man” and the Transfer Scam
In my book, Neighbors At War, I wrote about a nasty little piece of HOA theft called ‘transfer fees. ‘ They’re hidden deep within the text of your CC&Rs and the vast majority of home buyers never even see them. Sometimes they’re not even in the paperwork. But they can cost you hundreds to thousands of dollars at closing time. What are transfer fees? They’re a scam. They probably refer to photocopying costs which at ten cents a page shouldn’t cost you more than about ten bucks. But the transfer fee is pure slush that pours into the pockets of the nearest property manager or lawyer. Read more:
Posted on July 15, 2015, in Uncategorized. Bookmark the permalink. Comments Off on COLORADO – Stan “The Man” and the Transfer Scam.