Wednesday, May 18, 2016

Trotwood HOA responds to liens, worn facilities | Dayton News | www.whio.com

Trotwood HOA responds to liens, worn facilities | Dayton News | www.whio.com



And here is the HOA's response to media coverage of owners withholding assessment payments because they don't think they are getting their money's worth, and then getting hit with liens:

"Not long after last week’s report, the HOA sent out an email in response. “The recent WHIO-TV broadcast orchestrated by a delinquent homeowner…will fail in its attempt to stop the collection of delinquent assessments. If you thought you could move here and change our neighborhood to be like the ghetto you came from…think again.”


Homeowners pay thousands to illegal HOA | Fox 59

Homeowners pay thousands to illegal HOA | Fox 59

"CUMBERLAND, Ind. – For more than a decade, homeowners in a Cumberland neighborhood have been paying dues to an illegal HOA. According to state records, the Harvest Glen HOA was dissolved in 2002 because required paperwork to reinstate the organization was never completed.  A few days ago, the neighborhood treasurer sent each homeowner a letter and a stack of approximately 100 pages of detailed expense reports showing how HOA dues were spent. Every year, every Harvest Glen homeowner pays $50 for HOA dues, which is mainly for lawn care upkeep in the common areas. For the past 14 years, state records show the neighborhood hasn’t had an operating HOA."

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OK, so maybe we didn't dot every "i" and cross every "t" for the last fourteen years, but basically we more or less kinda sorta did HOA-type stuff. What's your prob?

Tuesday, May 17, 2016

Woman accused of stealing from Kennesaw HOA | WAGA

Woman accused of stealing from Kennesaw HOA | WAGA: "KENNESAW, Ga. - A former Kennesaw property manager faces criminal charges.

Wendy Teresa Robinson is accused of stealing more than $8,000 from a home owners’ association fund. Police said Robinson worked as the property manager for the Legacy Park HOA at the time of the theft."


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The need for outside financial oversight of condos and HOAs becomes more obvious every day.

Dissecting the CAI white paper manifesto on Association  Governance (part 1) – Independent American Communities

Dissecting the CAI white paper manifesto on Association  Governance (part 1) – Independent American Communities:



Deborah Goonan's take on CAI's Community Next: 2020 and Beyond: The Association Governance Model--Panel Report

Monday, May 16, 2016

Despite Their Higher Education, Millennials Still Aren't Buying Homes - CityLab

Despite Their Higher Education, Millennials Still Aren't Buying Homes - CityLab:

  "A bachelor’s degree is not a requirement for homeownership, but it is starting to look like one. As household incomes are increasingly linked to educational attainment, so is homeownership status. At the same time, higher education can be a temporary barrier to homeownership. This paradox might be the driving factor of the U.S. housing market today, which is still slow to grow even despite a strong recovery"

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I've seen several studies on this. The growing income gap between college graduates and people without degrees means that graduates are more likely to be able to buy a home. But, because it takes four years to get the degree, the college graduates get married and/or enter the housing market later. The often-repeated claim that college graduates can't afford homes because of student loans doesn't stand up to empirical analysis. But part of this is on the supply side.   The real estate development industry is not building many starter homes at present, in large part because of the higher lending standards that still prevail.

Sunday, May 15, 2016

Squatters See a New Frontier in the Empty Homes of Las Vegas - The New York Times

Squatters See a New Frontier in the Empty Homes of Las Vegas - The New York Times

"In Las Vegas, the crackdown against squatters coincides with a resurgence, albeit modest, in the local housing market. Foreclosures are falling and home prices are creeping upward (though they remain far short of the prerecession peak). But with a transient population of down-and-out gamblers and a glut of homes that have already been foreclosed, opportunists can still take their pick of thousands of empty houses. Inside one, squatters had scrawled a warning to stay away on a wall: “Violent tweekers on guard.”

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During the housing boom there was far too much housing built in Las Vegas. Developers were trying to take advantage of the easy credit that was available to home buyers back then. In other words, these housing units were expressly built for people who couldn't afford them. There was no real market for them then, and there is even less of a market now. So now that the cocktail waitresses and golf caddies have lost their $300,000 homes to foreclosure, there is no real buyer for these units and they sit idle. In come the squatters. This is going on in other nations as well. Spain is a great example, where Barcelona elected a socialist as mayor in part based on a proposal to legalize squatting.

Thanks to Fred Pilot for this link.

Saturday, May 14, 2016

Happy Together - The New Yorker

Happy Together - The New Yorker

"The building, Kennedy’s new home, is run by the co-living startup Common, which offers what it calls “flexible, community-driven housing.” Co-living has also been billed as “dorms for grown-ups,” a description that Common resists. But the company has set out to restore a certain subset of young, urban professionals to the paradise they lost when they left college campuses—a furnished place to live, unlimited coffee and toilet paper, a sense of belonging."

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Sounds a bit like an episode of "Friends," and I can see the attraction of it. A lot of Americs are looking for a sense of community in a small, shared, living environment. Except for some seniors developments, I don't think many people find that in condominiums or HOAs.

Friday, May 13, 2016

Legislator pushing for more oversight of homeowners associations | Local news | tucson.com

Legislator pushing for more oversight of homeowners associations | Local news | tucson.com

"Farnsworth’s bills would add regulations to the operation of HOAs. SB 1496 deals with HOA directors, stipulating that if a member of the board of directors is removed from their position, he or she cannot be reappointed to that post. It’s an issue that has been raised by homeowners. The other bill is SB 1498, which would require HOAs to provide ample warning time for homeowners before charging late fees and inform homeowners of their right to dispute the fees through a state process. HOAs would also have to maintain members’ voting records for one year. Both bills have passed the Legislature. Gov. Doug Ducey signed SB 1498 into law. The other bill has not yet been signed."

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See the post immediately below.

Former Quail Run HOA treasurer accused of grand theft - wptv.com

Former Quail Run HOA treasurer accused of grand theft - wptv.com

From Palm Beach: "A former treasurer for the Quail Run Homeowners Association has been charged with grand theft, according to the Boynton Beach Police Department. Police arrested Norman Glavas, 69, Thursday morning. Investigators say he embezzled more than $50,000 from the HOA."

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The need for transparency and oversight of HOA/condo association finances is obvious.

Thursday, May 12, 2016

HOA bans homeowners renting to sex offenders, but is it legal?

HOA bans homeowners renting to sex offenders, but is it legal?: "HOUSTON - A Fort Bend County neighborhood's homeowners association has put a ban on any homeowner renting to a registered sex offender.

Lots of families with young children live in the Kingdom Heights neighborhood. The deed restrictions established by the HOA for the quiet suburban Houston community are crystal clear -- no homeowner may lease a residence to a registered sex offender...The state's property code calls into question the HOA's deed restrictions. It was revised last year and states that HOAs can no longer be involved in the approval process of a lease agreement for prospective tenants. Essentially it says an HOA has to mind its own business."

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Once again we have an HOA attempting to do something that appears to be against the law. See below for the HOA in California that wants to violate state law concerning watering lawns in a drought.