Category Archives: The Book

These Homeowners Will Lose A Bundle

Ever heard of Keizer? It’s a small community next to Interstate 5 in Central Oregon. And homeowners in the McNary Estates Homeowners Association are about to end up in a giant bloodbath because of stupid HOA leaders. And I mean Stoopid, with a capital ‘S.’

How many times do we hear of HOAs breaking state and federal law protecting handicapped people? You can’t discriminate against them. It’s blatantly illegal and it’s almost an automatic jury verdict of millions. Now, with the mistreatment of the family of a disabled girl, the family has filed a lawsuit. This HOA essentially chased this tragic family out.

Guess what’s next? Special assessments. Every homeowner in McNary Estates will get a sudden bill to pay up his or her fair share of the money this family will win. Wanna buy a home there? Heck, betcha you can pick one up right now…real cheap!

Another HOA ‘protecting’ your property values.

 

http://keizertimes.com/2016/09/23/hoa-lawsuit-rachets-up/

 

 

My HOA Protects My Property Values!

Well, Bunky, that’s the biggest lie you’ll ever hear.

Several years ago, I warned all of you about the pending crash of the Las Vegas housing market. It happened exactly as I predicted. At the heart of the problem is the government’s reliance on Homeowners Associations to perform traditional government functions and services. All HOA contracts are corrupt at their core. They were a flawed model from the start, and what’s going on in Las Vegas foreshadows what’s coming for the rest of the nation.

This neighborhood collapse will continue. With what’s going on politically right now the future is set in stone. You don’t have to be a Nostradamus to prognosticate. Flag this date and this blog post. And come back to me five years from now and tell me I was wrong!

(link to investors fleeing the Las Vegas housing market)

 

Rare, Rare, Rare Embezzling Arrest!

Whoa! This doesn’t happen very often. But apparently there’s so much fraud and embezzlement from Miami condo owners that police are making a tentative attempt at cracking down. The link below shows an arrest by a special police squad formed to combat condo embezzlement.

Still, if Miami dedicated every one of its police officers to fighting fraud by the HOA Lawn Nazis, they’d barely put a dent in the problem. Homeowners Associations and Condo Associations are all fundamentally corrupt, every single one of them. Even if a rare HOA has escaped an embezzlement situation, they’re all just one vote away from disaster.  From the very beginning, the rules governing Homeowner Associations were written by the lawyer to the lawyer from the lawyer. Developers were given government permission to build higher density housing as long as they enacted approved covenants and controls. Those controls were never meant to protect homeowners. They were built to protect developers, funnel money to lawyers, and obtain that money from the pockets of gullible home buyers. No homeowner can possible be in 100% compliance with all HOA rules. It’s not humanly possible. That means fines, liens and foreclosures…and lots and lots of lawyers’ kids are collecting their sports cars and their college tuition money.

Follow the money. Always follow the money. if you see a photo of some HOA treasurer getting busted for stealing, just look where the big money’s going. There’s always a cloud of vultures circling over the carrion.

(link to Miami Herald HOA bust!)

 

Finally, One CAI Member Gets It Right!

This letter to the editor of a Pennsylvania newspaper by a CAI member is terrifying. He doesn’t use the words ‘fascist’ or ‘communist’ but it’s a pretty wild look at what homeowners have done to themselves by buying into the concept of Homeowners Associations. This country has essentially sold its soul to the devil. We have created a parallel system of government which has no controls, no ethics, no honesty. It’s a system of trial lawyers, by trial lawyers, and for trial lawyers. Homeowners have no access to traditional Constitutional rights. And the concept of true home ownership is a thing of the past.

(read it and weep) 

 

 

 

 

Elder Abuse and Financial Kidnapping

The link below is horrifying, but really should be read by everyone concerned about elder abuse. It involves state agencies that declare an elderly person ‘incapacitated’ and appoint a guardian who takes over that person’s care and gives the guardian unlimited access to the older person’s bank accounts.

While I was an investigative reporter for the NBC affiliate in Denver I reported on several such cases. Then, attending my 50th class reunion last month, I spoke to a longtime neighbor (and a good-lookin’ gal, too!) about a different kind of theft. Seems that a sibling was executor of her parents’ rather substantial estate and that sibling stripped out all the assets. My friend didn’t get a dime of what her parents left her.

State governments and the courts look the other way when these financial crimes are committed. They just don’t seem to care. When an old person is involved it’s just easier not to have to think about the abuse.

With all that in mind, please, please don’t neglect reading this linked web post. And apply it to your own situation and where you might find yourself some day.

(link to article on ‘theft by guardian’)