We in the Homeowners Rights Movement are deadly serious, and we hear so many heartbreaking stories from around the country. But it’s critically important that we all keep a sense of humor. Our movement is not Republican, Democrat, Tea Party or Libertarian. It’s about keeping government out of our pockets and our bedrooms. But remember that the political movement which is able to laugh, mock, even poke fun at itself; that’s often the one that wins!
Remember that Richard Nixon won the Presidency after agreeing to use the idiotic “sock it to me” line on the controversial comedy show, Laugh In.
Homeowners usually get the raw end of the deal when they try to fight the “Bigs” in the HOA industry. Some Homeowners in California are trying to turn that trend around. An HOA in Riverside County has sued three former property managers for “fraud, conspiracy to defraud, breach of contract, and breach of fiduciary duty.” They had employed the management companies for eight years.
Canyon Lake Association then sued its own law firm, Fiore, Racobs & Powers, accusing them of “fraud and malpractice.” They say a lengthy investigation found “no cash management, no separation of accounting duties, credit card abuse by employees, employee salary increases that were not approved by the board.”
With four decades as an investigative reporter, I can tell you a few things about what’s going on inside the FBI investigation into HOA corruption in Las Vegas. First, I happen to know that about half the readers of this blog are federal investigators. That’s not ego, it’s just past experience. So, some of this is written for them.
Second, federal agents are extremely worried about the number of indicted suspects who are getting “whacked.” With ten people under indictment, and four of them suddenly dying, the feds know that a large part of their case is going down the tube. For the time being, those are all being called “suicides” for obvious reasons. But no case in FBI history has had forty percent of its indicted suspects die before trial.
For those of you wanting to make a short sale on your house, you’d better keep an eagle eye on your good old Homeowners Association. They’re starting to get pretty crafty in keeping the neighborhood operating budget full.
For homeowners who are suffering through the housing mess and living with underwater mortgages, working out a short sale might help you save some of your retirement nest egg. The banks take a well-deserved loss, but you’re happy because you’ve found a buyer and you’ve escaped your nightmare of a mortgage.