It seems Dave Clouse had some things he needed to get off his chest about his condo so he wrote the editor of the Bradenton Herald.
Dave’s condo complex, Bridgewater Townhomes in Point Pleasant has a termite issue. Well, really it sounds more like a serious problem. And the termite problem is more serious because the HOA board refuses to allow proper treatment to wipe out the termites.
Yikes! How can I say that having two brothers who are lawyers? And how can I say that after passing the LSAT and being offered a free ride through the University of Washington Law School?
I can say that as a forty-year journalist watching lawyers in court. Never trust a lawyer.
In the link below, a CAI lawyer has tried to simplify the ‘education’ process for prospective buyers. It’s a good step forward. But I like Nila Ridings idea of making all HOA home buyers sign an acknowledgement that each buyer isn’t really buying a home. He or she is buying shares of stock in a non-profit corporation where every single asset, every bank account, every stock account, every college education account is pledged as security to pay for each and every misdeed, miscalculation, embezzlement and lawsuit involving the HOA.
Egads! I can’t count the times when I’ve heard about an HOA board member or HOA manager stealing money to feed his or her gambling addiction. It’s stupid. What’s even more stupid is that 66 million homeowners across the country risk all their life savings by buying into Homeowners Associations in which embezzling is endemic. If you live in an HOA, there’s a massive chance someone you’ve entrusted with your money is chiseling.
Get out! Get out! Get out! Let the national HOA Scam collapse on itself.
Here’s a an auditor from Pima County, Arizona who apparently opted to steal from the HOA rather than the taxpayers. Joshua Bonillas was the HOA bookkeeper for Presidio Villas 2. His day job as county auditor paid him $60,000 per year. He admits to stealing $45,000 from his neighbors via the HOA bank account by forging the treasurer’s signature on the checks.
If you think the link below gives any hint to my personal beliefs then you’ll be dead wrong. I just want to pass it on because it’s funny. And humor is the way to build bridges between people of different political persuasions.