December 11th Beating

Here are the notes from the December 11th meeting:

A few people arrived to announce that they are running for the board. Christine Drum will run and Dennis Nolan will run.

I had a chance in the "home owner" input part of the meeting to ask a question. My question was as follows:

"I'm here to find out how we resolved your illegal activities regarding the $250.00 charges by Carol Ebsen"

They did not address this question for me. So it remains to be seen how the judges instructions will be adhered to. He specifically instructed the board to "immediately return the money to the maintenance funds" I noticed that Carol passed a check to Paul Bozoni, our manager from New Concepts" This may have been the $250.00, I have a note into Paul Bazoni to clarify via email how this is to be resolved. I copied the board members too.

Carol presented a sheet of paper to the board members regarding her earnings. The illusion for the homeowners was that this sheet of paper verified that she makes $250.00 per day, or that she lost $250.00 for her day in court. This has nothing to do with the judges instructions. I could not believe that they took a vote to accept the data. John Rettger asked that this be tabled until the next meeting. He was shot down and the vote passed with John Rettger opposing the vote. I have no idea what they were trying to do. I do know that another visit to court will require that Carol produce her tax return since a letter is not proof of earnings.

John Rettger tried to introduce, for discussion, elimination of late charges and introduction of the covenant rule which states that the remedy for none payment of dues is 6% per annum. That is around 72 cents per month. This would be a reasonable fee and is in line with current mortgage rates.

George Plew is in charge of calling the real estate agents to have them remove their signs. They will have 5 days to remove the signs. After this, he is the volunteer that will remove them. This, I believe, is his pet annoyance. There are way too many signs in place. People want out as the fees go up, as arm rates adjust up and as the owners realize what the heck they have bought into.
My real estate agent warns people about RV3 when they are looking to buy. She knows about the management capacity of RV3 and would feel bad about selling a home there. So the word gets around. It takes a long time to reverse this stigma and we have not started yet.

A lot of homes at RV3 were purchased with arm mortgages. I know that to live there, the cost is around $1150 mortgage, $160 fees, tax and insurance. The ARM mortgages will raise the payments and very soon, the price to live at this facility will be in excess of $1350 not including taxes/insurance. People will want out but they won't be able to sell. More foreclosures and empty homes. I did visit the homes that Carol listed as debtors. 3 of them were abandoned.


Keep posted. My next web log will involve the discussion of the newsletter which slandered me and illegally published a list of debtors. I will outline a 2 hour discussion with my lawyer.

Happy Christmas.