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Showing posts with label Md. Show all posts
Showing posts with label Md. Show all posts

Wednesday, October 23, 2013

Village Green Cooperative is finally getting it's day in the Light.




















If you're just because aware of the plight of the Blind unit owner in Prince Georges County that was evicted from his residence because of a disputed water bill then you're just getting started with Village Green.

Well this has been going on for a long time.  In fact back Aug 29th 2013 members of the community gather at a local elementary school to hear a presentation by WSSC on the refund that had recently been remitted back the community.

According to the representative of WSSC  at this meeting the rebate back the community was over 77 thousand dollars, yet unit owners like the one evicted didn't see a dime of it.



So what are some of the issue we know are happening.

Currently unit owners have to share the expenses of a three different water mains that come into their community from WSSC.  It seems that an out of state third party is responsible for maintaining a separate meter and from these they determine the billing and are responsible for sending them out and collecting the balances.

It's this relationship that is now being used to throw out on the street a number of unit owners not just the unit owner in the Channel 9 story.  

There's a couple of issues that come to mind right off the bat with regards to this situation.   The number one being that this third party is maintaining meters, which are regulated in Maryland by the Department of Agriculture.  The second being that often residents of this community have been able to prove that they have paid these bills however something between the Management Company (which there is much to talk about later) and the billing company they seem to be lost.  It is this area where unit owners have been denied the right to vote on the board in election and even worse being thrown out of their homes.

CK back we'll have video up from the WSSC meeting shortly as well as updates on what is happening at Village Green Mutual Homes Inc. In Prince Georges County, MD.

The Department of Housing and Urban Affairs recently returned 750 thousand (750,0000) from a the mortgage note they where holding and the unit owners are also in the dark as to what happened to this money and no one at HUD wants to talk about it let alone the board members that received the money.


Thursday, October 18, 2012

Attn Condo & HOA's managed by Columbia property manager Legacy Investment closes its doors

Something we started hearing about Monday night is now making it's way into the media and we believe there's a huge pile of rot that will be uncovered once investigators are able to dig into this situation.

According to Legacy’s website, which has been removed, the company launched in 2006 and managed more than 100 homeowner associations, 100 housing units and vacation properties. Baltimore Biz Journel 

This number 100 homeowner associations is the one that caught our eye.  If you think about the size and scope of this disaster with just the bank accounts alone the State of Maryland, these Common Interest Communities CIC, their members, banks and insurance companies are going to need a lot of help to sort this whole thing out.

The 1st thing we can say to CIC involved is to contact your Insurance underwriter.  As well we recommend that you contact the State of Maryland, (coming soon)

Please check back to see updates on this developing situation.


Saturday, October 9, 2010

Maryland's Elected officals bend over backwards to kill your condo or hoa.

ANNAPOLIS, Md. (AP) - Maryland's governor and congressional delegation are asking the state's chief judge to halt all foreclosures in the state for at least 60 days.
In a letter to Chief Judge Robert Bell on Saturday, Gov. Martin O'Malley and all 10 members of Maryland's congressional delegation say immediate action is necessary to avoid miscarriages of justice.  Reported on WTOP

So Governor O'malley it appears that you are aware of the fact that 3 out of 4 of these homes are in a Common Interest Community and if you stop the process of foreclosure and dont help the community then there will be nothing left for the owner to be assoicated with since these homes are bound by convents and bylaws that say they are part and parcel of an over all community.

If your one of these communities I would be scared to death right now because this very same government is going to be after their property taxes and since so many of your neighbors went into default on their mortgage your budget has been balanced since the save button was hit drafing it and your community doesn't have these funds.
Let alone the master utilities, for street lights common area lighting, gas, water, security, repairs maintenance and these politicians have the nerve to cry over some auto signed documents.  Either, the Maryland elected officials hate your condo's coop's and homeowner association or they are clueless as to the effect decision like this one have on these communities. It's only 3 out of 4 homes in Maryland.
Considering that our Chairman Nelson Jacobsen called in and ask one



Maryland Condominiums, Cooperatives and Homeowner/Townhouse Associations are not just worried about the foreclosure. The process he talks about does nothing to help the Communities in fact it delays the amount of time and cost to the community.

What is the hardship on the HOA's How are you going to make these communities whole if you dont address the problem.

WHAT THE PROBLEM Well if they aint paying their mortgage then they're not paying these assessmens, reserve contributions and specail assessment for the homeowners they took the property from in the first place.

It gets better........Maryland HOA's there is a totallack of Financial Disclosure under the MD HOA ACT. When these banks do sell these homes which they are not paying assessment on they are not telling the new owners that the HOA is broke because deadbeats like the banks and FANNIE, FREDDY and HUD. Heck they dont have to even give the budget.

Now if that were't enough some of the biggest dead Beads see BOA-BLOG - FANNIE FREDDY & HUD aren't even giving them the required Documents -Article of Inc,
BTW Many of these CIC are not incorporated because they dont have the money to pay the MD filings.

Declarations, by-laws and any amendments. These are required under the Maryland HOA ACT Disclosure requirments and most of these banks, fannie/freddy and HUD are guilty of wholesale dereliction of responsibility or they are once again -- clueless.

Now considering that so many of Maryland homes are in CIC it find it very hard to believe that didn't notice them popping up in all over the place Considering that any development over 3 unit in Maryland has to form a water association.

So we are going to follow up with Craig Rice in Maryland and introduce him to a number of HOA owners and board directors and see if he's with CIC or against them.

Just stopping foreclosures will do one thing KILL CONDOS & HOAS IN Maryland

Sunday, January 24, 2010

MD Court of Appeals limits CIC's ability to use court to collect delinquent fees.


Ask Nancy

IN what is a pretty shocking decision for the State of Communities.  The Maryland Ct of appeals has recently ruled that private communities aka condos coops hoas cannot come to the court with leins on properties for small amounts of money.  What the courts decision leave unsettled is who's responsibility is it to establish communities that need the fee to meet agreed to budgets as state in every Resale package other then places like DC that don't require a package because they have not for some reason enacted the Uniform homeowner association provisions which mirror the Condominium Act ones they seems to think are important.   #just saying. 

We are going to be posting a link to more in-depth coverage of this from minds over at AskNancy.Info