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The Nexus
BUSINESSJun 19 · 18:48 UTCWSOC ABC CHARLOTTEDave Faherty

HOA fees jump from $350 to $1,250, leaving homeowners shocked

Homeowners in Catawba County's Magnolia Cove subdivision face a steep HOA fee increase from $350 to $1,250 monthly, plus a $10,000 special assessment. Residents criticize the lack of transparency, ongoing litigation, and the developer's role as HOA president, with some claiming they cannot afford the hikes and were unaware of the community's shift to rentals.

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