Millcreek condo owners forced to pay $40,000 fee
(KUTV) -- Nearly 100 homeowners at Millcreek Hollow are being forced to pay for roughly $4 million in repairs, due to alleged builder negligence.
According to residents, the builders cut corners when they built the 96-unit property about 15 years ago, and now, the owners are paying the cost.
The management company, FCS, said they tried to hold the builder accountable, but the agency had filed for bankruptcy and is now closed.
Now, the cost of the mandatory repairs will cost homeowners about $40,000 each.
Millcreek Hollow homeowner of 11 years, Janet Ramos, said she could see the need for repairs, but did not like the fact homeowners were being charged to fix these issues.
“My kitchen sink gets clogged up at least twice a year,” she said. “Floods my kitchen with just gross grey water.”
Real Estate lawyer Marlon L. Bates of Scalley, Reading, Bates, Hansen & Rasmussen in Salt Lake City said the homeowners really don’t have much of a choice. They can either pay the fee or sell for a price that includes the $40,000 loss.
“Now that they know about it, if they sell it to someone else, they’re going to have to disclose it to whoever they sell it to,” he said.
Ramos said the HOA is trying to come up with a situation to make it easier for residents to pay over an extended period of time.
“We were able to get it financed where we were able to pay $300/mo. to get it financed. Which is what I have to do, because I’m not in the place to move right now,” said Ramos.