Category Archives: embezzle

Stealing Homes In Indiana

guest blog by Deborah Goonan

Last year, residents of Charlestown, Indiana, thwarted an eminent domain attempt initiated by Mayor Bob Hall to allow developers to buy out, raze, and redevelop their entire Pleasant Ridge neighborhood. With pro bono assistance from Institute for Justice, and a well-organized effort, residents were able to put an end to those plans, and keep their homes.

Pleasant Ridge is still in need of improvement, however, and owners want to work with the Mayor on alternative plans to reduce crime and clean up problem properties. Therefore, several neighborhood leaders have proposed establishing a steering committee, to work with the Mayor’s office on revitalizing their Pleasant Ridge neighborhood. Mayor Hall has been asked to serve on the Board of this steering committee, along with one other representative from his staff.

But Mayor Hall has reservations about working with the Neighborhood Association.

Check out this statement made by the Mayor:

“Hall said Wednesday that the neighborhood association and the steering committee represent too few residents of the neighborhood.

“They are more of a special-interest group than they are a homeowners association,” Hall said of the neighborhood association. “They only represent less than 15 percent of the property owners in Pleasant Ridge. A real homeowner’s association will represent 100 percent of the properties in a subdivision.”

Hall said he has made efforts to revitalize the neighborhood since 2000, and it’s important to him that the area improves.

“I am not the mayor of the minority of Pleasant Ridge, I am the mayor of the whole city,” he said. “I am not going to be involved in a committee that has a very narrow focus and is only representing a very small interest.”

Recall from my previous blogs that the Mayor’s plans for redevelopment, though never solidified, included multifamily structures and mixed use development. In other words: establishment of Homeowners’ Associations. Apparently, Hall thinks mandatory membership HOAs would better represent owners’ interests than a voluntary membership resident-supported Neighborhood Association. Where on earth did he get that idea?

Apparently someone has been drinking the Kool-Aid, courtesy of HOA Industry special interest groups representing Community Associations and Developers.

Obviously, Mr. Hall hasn’t got a clue about the realities of HOAs! Although 100% of owners are required to be members, that does not mean that the HOA actually “represents 100 percent of the properties in a subdivision!” Note the use of the word “properties” with regard to representation — not “homeowners” or “people.”

Ask any minority property owner in an HOA if his or her interests are represented, or if those interests are merely outnumbered by majority stakeholders.

And as for having a “very narrow focus” and “only representing a very small interest,” — well, that’s the norm for HOAs. And the people of Pleasant Ridge weren’t very happy about the Mayor’s previous attempts to align himself with the narrow interests of the developer, who, along with the Mayor, wanted to get his hands on grant money.

So who is representing the interests of the homeowners in Pleasant Ridge at this point? At the last City Council meeting, neighborhood association representative Jason Patrone reportedly seemed to have the support of neighbors in attendance.

Let’s see how this one plays out.

(link to Charlestown News and Tribune)

 

Simple Explanation

guest blog by Nila Ridings
HOAs! I am 100% convinced that is the answer to the mystery (no mystery to me) of the article linked below.Originally created to make neighbors with commonality friendly and social. But the HOA concept failed when the structure was established for neighbor to rule neighbor. Even to the point of being able to fine, lien, and foreclose on their home. With that being allowed to happen the trust is gone and the fear antenna goes up while the boxing gloves sit waiting by the front door to go on.

In multiple ways HOAs are destroying human life!

 

Viciousness Toward The Handicapped

This one comes to us from Miamisburg, Ohio. A handicapped woman who’s fitted with a prosthetic leg, was given a handicap parking spot in front of her house.

That angered at least one neighbor who began parking in her spot after leaving the nastiest note! The story has already gone viral on Facebook. After reading the note linked below, see if you think this story should go even more viral.

(link to story about 26-year-old handicapped woman)

 

All About Ella!

guest blog by Nila Ridings

Run get the tissues and prepare to watch this video!

Nobody will forget Ella Schultz and her Make A Wish playhouse dreams. As of April 1st Ella’s wish came true! JE Dunn built a beautiful playhouse complete with a Dutch door, porch swing, loft, kitchen, and a sweet pink mailbox! We wish her thousands of hours of happiness, laughter, and fun in her special playhouse that is currently restricted to “girls only.”

KCTV5 says the Stonegate HOA caved under the pressure of the public outcry to allow the playhouse. Nothing has been reported regarding the HOA not being in good standing with the State of Missouri. It’s fair to assume the Stonegate board of directors has learned more than one lesson from this experience.

And thousands of people are asking questions about HOAs and wondering why anybody would buy a home in a place like this?

This is why activists stand up and speak out against HOA abuses, because often times it makes all the difference.

(link to KCTV5 story on ella)

http://www.kctv5.com/story/28698085/ellas-elves-sneak-dream-house-into-ailing-girls-backyard

 

High stakes $120m lawsuit over condo termination blocked by rival

guest blog by Deborah Goonan
Here is the flip side of the coin in the chaotic world of Florida’s optional condo terminations.

Owners of roughly 30-year old, 48-unit, Tropicana Condominium in Sunny Isles Beach, Florida, decided they’d like to take advantage of the hot real estate market, and offer their condo for sale to the highest bidder.Back in 2013, a majority of Voting Members of the Association approved an amendment to the declaration, allowing for termination with 80% approval, bringing their documents in line with FL Statute 718.117, which became law in 2007.

Several Florida attorneys have gone on record touting the potential benefits of the Optional Termination provisions — later dubbed by many critics as “eminent domain for condos” — as a means for owners of older condo buildings located on high-value land parcels to “cash out” by terminating the association and selling to a willing developer. (see link to a blog below that appeared in the Sun Sentinel a few years ago)

Reportedly, the Association received one offer of $100 million. With the attractive offer on the table, the Association was easily able to obtain more than 80% of the vote. However, five units had recently been sold to new owners representing 10% of the condominium association. These five owners objected to the termination and filed suit against Tropicana Condo Association to block the termination. As you may recall from previous blogs, Florida statute maintains that 10% of members of an Association can challenge a termination approved by at least 80% of members.

So who are the “hold out” owners of these five condos? Tropicana Board members allege (in a $120 million counter suit) that they are straw buyers with ties to Manuel Grosskopf and Edgardo Defortuna, wealthy real estate moguls currently developing a 52-story Ritz-Carlton condo tower directly adjacent to the Tropicana. The Tropicana is only 9 stories, but if sold to another developer, the building would be razed and another new high-rise condo would be constructed in its place, effectively blocking ocean views for many of the Ritz-Carlton’s multi-million dollar units.

In this case, instead of wealthy investors staging a hostile takeover and kicking out owners at a substantial financial loss, we have what appears to be a small band of rogue buyers thwarting a termination to prevent a condominium sale to a rival developer!

How is that for the irony of unintended consequences?