It seems some homeowners in the Savanna, Georgia area have their panties-in-a-bunch over what they believe is an illegal kickback scheme between developer DR Horton and the cable company. They’ve filed a lawsuit saying they’re each being cheated out of $100 a month.
Sadly, they won’t win. Homeowners almost never, ever do, especially against giant developers like DR Horton. Nope, the developers have the inside track with local government officials. There’s lots of money that slides back and forth at that level.
Still, you’ve gotta give these homeowners credit for trying.
(link to story on Savanna NBC affiliate)
Every once in a while I have to leave the HOA brain drain and just sit back and reflect. The HOA mess can make a person pretty negative. So it’s good once in a while to just rinse it all off, sit back, be amused and amazed at the good things in life. And when I run across a story like this one it needs to be shared.
(link to story of an adorable little girl and the rain)
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Well, golly gee! A small group of Congressmen have discovered that tax jurisdictions have been selling tax liens to investors who, for a tiny bit of money, can buy up properties where taxes weren’t paid and auction them off to investors. That’s been going on forever. When I was a teenager I bought a tax lien in Seattle for 70 bucks. Never made a dime from it and I ended up giving it back to the city.
I’ve written about this before. But here’s another great column from the Aspen Times. Wages are so out-of-control in this Eastern Hollywood Town, that the City of Aspen is using taxpayers’ money to pay for the maintenance of Homeowners Associations where all the ‘low-income’ workers live. The whole system is warped in more ways than can be easily discussed. But the columnist linked below does a pretty good job.
Homeowners Associations are a national scandal waiting to burst. But making the taxpayer pay the cost of keeping this scam going is just stretching the imagination too far.
I have enormous sympathy for people who buy into an HOA. Heck, I was dumb enough to do the same thing. Three times! But in retrospect, I was STOOPID! I was a lamb among the wolves. Never had a clue.
The biggest unreported financial crime in America is embezzlement from an HOA. The following story isn’t even extraordinary, it happens in city after city, day after day. But homeowners (like me) are just too witless to ‘get it.’ The HOA scam is beyond any reasonable explanation. If you’ve bought an HOA property you’ve just donated your life savings to a massive national criminal enterprise that the government will never investigate, expose, or end. Kiss your life savings, ‘Goodbye.’