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.
A high-rise residential tower in Baltimore is filing for bankruptcy after a homeowner won a lawsuit against the condo association. Instead of repairing his mold problems they fought him all the way through the court system. In the process, this idiotic condo board discovered the mold problems were real and now they’re having to do repairs on the entire high-rise. Their claimed losses are anywhere from ten million to fifty million dollars.
Anybody want to buy a ritzy Maryland apartment? Dirt cheap?
It’s amazing how many homeowners don’t have a clue about the extent of organized corruption in the whole Homeowners Association industry.
Las Vegas? The feds convict 43 HOA ‘insiders’ for stealing 60 million dollars.
South Carolina? Well, this one is interesting. Up to five dozen Homeowners Associations have joined in a lawsuit against one of the state’s largest HOA management companies. Once again, endemic corruption. These homeowners have absolutely no idea how much has been stolen from them. The owner of the company admits she was stealing. Tears. Sobs. Regret that she got caught.
As many of you know, Arizona’s George Staropoli is one of the pioneers and heroes of our movement. I just wish I had his IQ and his intellect. In the essay linked below he performs surgery on the lie that HOA industry representatives constantly spread through our legislatures. Print it out and place it on the desks of each man and woman in government.
CAI maintains HOAs are protected by and do not violate the Constitution — not so!
Yes, I know I’ve posted this before, but because we get new readers here every day, many will not ever have heard this Pete Seeger classic. Enjoy!
