Category Archives: Horror Stories

Trillions Stolen By Banks

Sealed documents in a massive mortgage foreclosure fraud case against the nation’s biggest banks have now been unsealed. And the results are unsettling. I’ve long been predicting a real estate bubble in the country’s 335,000 Homeowners Associations, and I still believe it’s coming. If this mortgage fraud case picks up steam based on the release of these documents, my prediction will come true sooner than later.

http://boingboing.net/2013/08/12/unsealed-court-settlement-docu.html

 

Killing the Deal!

Ah, Bunky.

So you’ve finally gotten that wonderful new job in another city and you’ve gotta put your condo on the market. Well, get ready for some bad news. The boards of Homeowners Associations just love killing real estate transactions. And they’ve got lots ways to do it.

An article in Marketleader.com talks about a few of the ways a Homeowners Association can kill your deal to sell your home to a prospective buyer.

If your HOA has a history of filing liens and lawsuits against homeowners, you might as well donate your property to a charity. You’ll never sell it. And  a mortgage company will never let your buyer make the purchase.

If your HOA has any kind of legal history (think Trayvon Martin) then your contract with the new buyer is probably dead.

If there’s any history of discrimination or construction defect litigation, then you may as well kiss your home equity bye-bye.

The mortgage companies are getting wise.

Ladies and Gentlemen: Behold the monster you have created!

http://tinyurl.com/mhlvtc4

 

LOL! The Drones Are Here!

It’s so much fun to a see a prediction come true. For several years, now, I’ve been talking about the coming wave of inexpensive drones; flying machines equipped with incredibly clear spy cams. They’re light as a feather and designed to be astoundingly invasive. If you and your gal pal or boy toy use the backyard Jacuzzi at midnight, understand that your underwater antics are going to be displayed at the monthly HOA board meeting. From five hundred feet in the air you’ll be able to count the freckles on your lover’s shoulders. At night!

If you leave your second story bedroom shades open, these spy cams can hover and record all the action.

“Not fair!” you rant. “Not fair!”

Well, get used to it, folks, because the FAA doesn’t regulate these spy toys. Unless you’re invading federal air space there are no rules at all. And if your backside shows up on the community center’s big screen how are you going to stop it? Invasion of privacy? Heck, there’s a long list of Homeowners Associations that routinely violate privacy. Some California HOAs are doing unannounced inspections of the interior of members’ homes. It’s all in the name of stopping hoarders, of course.

Slander? HOAs routinely slander targeted homeowners. Your extra pounds aren’t slander because you did it to yourself.

Harassment? Forget about it. The ‘H’ in HOA means harassment.

Remember all those covenants and standards that you signed on your real estate documents? Well, hidden inside those documents is a clause that lets your HOA board change the covenants at will and as needed. If your HOA needs to force a targeted homeowner out (think race, religion, gender bias, marital status) then it will do so. Your lawsuit against the HOA will cost you a bloody fortune, and in the end it’ll be tossed out of court because you gave your permission to your HOA to sue you. Not only that, you agreed to pay all your HOAs legal expenses.

So, hot tub lovers, start dieting now. Your privates are no longer private.

http://tinyurl.com/mwocfal

 

The Best HOA Bill Of Rights

Jonathan Friedrich is legendary in Nevada. He’s a longtime and tireless Homeowners Rights advocate and lobbyist who’s fought the HOA movement, led anti-HOA demonstrations, and has frequently proved to members of the news media that organized crime in the HOA movement is not a fiction. And by some miracle, he found himself appointed by Governor Sandoval to the Nevada commission that oversees the managers and management of Homeowners Associations.

In the past few years several people and organizations have tried to compose a Homeowners Bill of Rights. Excellent proposals have been made by Arizona’s George Staropoli and Illinois Professor Evan McKenzie. But in the opinion of this blogger, Jonathan Friedrich’s version is the most aggressive.

The link is below. Print it out, save it, distribute it to neighbors. As you read this, please understand that this one man is standing up against what may ultimately be proved to be the most massive organized crime conspiracy in the country’s history.

http://tinyurl.com/lvuufer

or:

https://sites.google.com/site/hoacorruption/homeowners-bill-of-rights-1

Sometimes,the Good Guy Wins!

Florida’s Jan Bergemman is one of the early heroes of the homeowners’ rights movement. For many years, he’s had his sights set on putting rules in place that would stop the mindless unregulated tyranny in Homeowners Associations. Jan describes himself as a “retired chef from Germany.” But he’s worked tirelessly in his state to try to wake people up to the organized crime syndicate behind the Homeowners Association Movement.

This blogger was skeptical, at first, when reading about proposed new anti-HOA laws in Florida. “Impossible!” I thought, when finding that common sense laws were being suggested in the original ‘tyranny state.’

But Bergemann & Company came through and beginning July 1st, the state began regulating and trying to control some of the wildly out-of-control fascism that rules many Florida HOA communities.

First step: registration of all HOAs.

Second step: No homeowner can lose his home to HOA foreclosure when his dues are late!

Third step: Homeowners actually get the right to inspect documents in their own HOA. Sadly, this had to be legislated. It shows how outrageously out of control secretive Homeowners Associations have gotten.

Fourth step: Husbands and wives on the same board are a conflict-of-interest! Wow!

Fifth step: HOA board members and managers cannot personally profit when awarding contracts. If this one sticks, it’s huge. A first in the entire nation.

This is all what Arizona’s George Staropoli has long termed “The Enlightenment Movement.” I like that term, but I don’t have the guts to steal it from George.

Whatever term is used, this is like changing the course of a wayward ocean liner. It can’t be reversed immediately. It takes time, effort and risk to right the ship-of-state.

But Jan? Congratulations! I never would have predicted your victory on behalf of all homeowners. Jan’s website is  http://www.ccfj.net

The Orlando.com article is linked below.

http://tinyurl.com/om64l9q