A Total Collapse of the American HOA?
The actions of a Florida law firm may be a sign of weird times ahead. Another real estate bubble, even bigger than the last? Track this subject and comment at my blog and website, NeighborsAtWar.com
Tag Archives: HOA Blogs
Oh What A Tangled Web We Embezzlers Weave
Yes, folks, it’s another million dollar embezzlement from trusting homeowners in California. At least the Feds are finally taking action. A Federal Grand Jury has indicted Chris Barna for stealing $950,000 from Homeowners Associations that once trusted him. Although he hasn’t been convicted yet, I have no problem calling him a dirtbag. Prosecutors say he misappropriated 342 checks, spent the money on nice things for himself, and manipulated the records for M&C Association Management.
North Austin Homeowners Decide to Quit Being Stoopid!
Hallelujah! It took years, but members of the Sunchase Condominiums in North Austin have decided to quit being stupid. Sunchase homeowners have been paying dues for years, but their HOA board and the property manager, Nancy Thompson, refused to show them the books! Last time I looked, Texas law mandated that HOA members be allowed to see where their dues are going.
Homeowners have poured more than a million dollars down a black hole that hasn’t been audited in more than five years. Readers of this blog know that I’ve got a very low tolerance for the stench rising from tens of thousands of HOAs in almost identical situations. And Sunchase stinks to high heaven!
Dear Lord God, I Love These Stories!
How could I live if I didn’t occasionally run across these stories and have the ability to mock them?
But God is good, and He sends me lots of links.
The Massapequa Park Village Board has decided that unmowed lawns are more of a safety hazard than letting child rapists roam the streets.
That’s right, folks. Let your grass grow an inch longer than your neighbors, and you could soon be slapped with a 10,000 dollar fine. Let’s spell that out, so there’s no mistake about the zeroes: A TEN THOUSAND DOLLAR FINE.
Katy Did! Katy Did!
Yep, I know that’s an insect, an annoying little insect. Wikipedia says katydids disguise themselves brilliantly as dead rotting leaves complete with holes in them.
I do strain for metaphors once in a while, but an HOA manager in Katy, Texas, disguised himself as a worthless piece of dead, rotting debris when he decided to steal a million dollars from his neighbors. 34 year old Taggert Mayfield pleaded guilty to money laundering, scoffing at his fiduciary dutues, and bald-faced theft from homeowners who profoundly trusted him.
