If our HOA board takes out a loan for repairs we and most do not agree with, does that put a lien onour homes and if we try to sell, do we need to disclose? Our Association is set up so that we as home owners have no say at all. No matter what we feel, the board decides, one being the President that has the most to benefit with the project he is demanding be done. It is costing our neighborhood (only 24 homes) over $86,000 and is not a permanent fix. So now because many are not willing to pay, they are going ahead with it and taking out a loan. I have asked many times if this will be a lien on each of the homes and no one in our HOA will answer me. I am so frustrated and angry and am wondering if I need to consult an attorney. If we had known how things would go with our HOA Board, we would seriously have not purchased a home in this neighborhood. In my opinion, the President of the Board should have excluded his vote as he has the most to gain from this. He lives on the little pond and he says it needs to be dredged, with all new landscaping around it, a fountain put in, etc. He tried to sell his home for a very inflated price and blamed it on the pond so now we all pay for it. Any help or suggestions would be greatly appreciated.October 14 2012 - Winston-Salem00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.