What Were They Thinking?!?

Las Vegas is the nation’s home for Organized Crime posing as Homeowners Associations, with more than two dozen felony guilty pleas and nearly a dozen federal criminal trials pending. Las Vegas may have more Homeowners Associations than any other metropolitan city. Las Vegas has so many HOA horror stories that writing a blog like this is almost effortless. Home buyers everywhere are beginning to tell their Realtors, “Don’t show me anything in an HOA!”

Now, here comes a major real estate company saying it’s going into the HOA management business! Hard to believe, but Shelter Realty, Inc. says it’s ‘pleased’ to announce that it’s creating a sister company which will provide management services for Homeowners Associations.

Realtors make their living by being respectable. Realtors live or die on their reputations and client referrals. Of course there are plenty of people living in Nevada Homeowners Associations. But HOA management is a stenchy business with neck-deep corruption. For a realty company to suddenly say it’s going to clean up HOA mismanagement and corruption is beyond laughable.

I’ll have to say it again.

What were they thinking?

(click here for Digital Journal story)

http://www.digitaljournal.com/pr/1638433

 

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About

Ward Lucas is a longtime investigative journalist and television news anchor. He has won more than 70 national and regional awards for Excellence in Journalism, Creative Writing and community involvement. His new book, "Neighbors At War: the Creepy Case Against Your Homeowners Association," is now available for purchase. In it, he discusses the American homeowners association movement, from its racist origins, to its transformation into a lucrative money machine for the nation's legal industry. From scams to outright violence to foreclosures and neighborhood collapses across the country, the reader will find this book enormously compelling and a necessary read for every homeowner. Knowledge is self-defense. No homeowner contemplating life in an HOA should neglect reading this book. No HOA board officer should overlook this examination of the pitfalls in HOA management. And no lawyer representing either side in an HOA dispute should gloss over what homeowners are saying or believing about the lawsuit industry.

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