As the world turns, the status of the economy effects everyone. This is true with HOA's and Golf Clubs. The Developers and Homeowners of the Prescott Lakes Golf Community in the Rolling Hills of Prescott, Arizona are facing many challenges as they review the structure of the HOA and the future of the Athletic Club and Golf Club.
The following links may be helpful to those seeking information about these issues.
To read the article in the Prescott Courier on Christmas Eve 2009 about the voting meeting on the Arnold Palmer Proposal: Click Here
The following expresses the opinions of many of the home owners in the Prescott Lakes Community:
http://www.cottagesunofficialblog.blogspot.com
For general information about the HOA and to read CCR's and view maps - this is a great site: Click Here
Past Articles from the Prescott Courier about the issues involved with the Athletic Club and Golf Club acquisition: Click Here
Homeowners in Prescott Lakes have their own site to view issues about the Issues Involved in the Golf Course and Athletic Club Acquisition: Click Here
In my opinion, Prescott Lakes is still a great place to live and buy real estate - once many of the issues facing the HOA are resolved, the property values will stabilize. As the economy and real estate market recovers, buyers today should see long term appreciation in their values.
For More information about Prescott Lakes and Available homes in the Prescott Lakes Community: http://www.myprescottplace.com/Neighborhood_-_Prescott_Lakes_Prescott_AZ/page_2282056.html