Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTThomas KentSat, June 27, 2026 at 1:45 PM GMT+2 9 min readWSOCTV9/ YouTubeMoneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.A North Carolina community is pushing back after homeowners say they were hit with a massive increase in homeowners association (HOA) fees that many say they simply can't afford.Residents of the Magnolia Cove subdivision in Sherrills Ford told WSOC-TV (1) that their monthly HOA dues are increasing from $350 to $1,250. On top of that, homeowners are also facing a $10,000 special assessment.Top PicksDave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake —