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Entries Tagged ‘Say’

IL: FHA push: Good for condos? Critics say no

The Federal Housing Administration began enforcing new rules Monday that it said will help more condominium buyers qualify for mortgages. Originally from Community Associations Network National

GA: Virginia-Highland condo residents say meter cheated them

The city’s Department of Watershed Management counters that it was only partly wrong, fixed the meter and will return $1,696.78. But the board estimates it has overpaid about $22,000 in the past decade Originally from Community Associations Network National

LA: Employees say developer filched condo deposit account

Two former employees of Jim St. Raymond, the would-be developer of a failed $350 million condo-retail project, say he improperly used escrow deposits to help cover overwhelming costs Originally from Community Associations Network National

NH: Experts say those who pay subsidize those who don’t

Condo fee delinquency has reached epidemic proportions throughout the nation as the economy continues to suffer and unemployment remains high, experts say Originally from Community Associations Network National

MA: Milford residents say EPA stormwater mandate isn’t fair

Some residents of a condo complex yesterday said they fear they will have to pay double to comply with a mandate to reduce pollution in water runoff. Originally from Community Associations Network National

CT: Condo Tenants Say They Lack Heat

Subfreezing temperatures have gripped the state and many residents at Gateway Estates in East Hartford said their complaints about a lack of adequate heat are falling on deaf ears. Originally from Community Associations Network National

FL: Police say ‘condo scam’ suspect duped elderly board members

A probable cause affidavit obtained by NewsChannel 5 suggests a property manager duped two elderly members of condo boards into signing checks for “cash”, bilking the condos out of more than $2 million dollars Originally from Community Associations Network National

FL: Grandparents say their condo assn plans to refuse visits from grandchildren

They called with a plea after receiving a notice stating their grandchildren could no longer visit them at the Penthouse Greens complex because they had reached the maximum number of visits within a calender year, which is 30. Originally from Community Associations Network National

AL: admitted to embezzlement, police say

Authorities said Thursday that the Gulf Shores assistant public works director and his wife admitted to embezzling $161,000 from a condominium association. Originally from Community Associations Network National

Though used to complex deals, some savvy condo buyers say they were duped by AIG

Ray Haarstick is an engineer and businessman who founded a company that makes software for private equity firms. He has zero fear of complex financial deals. Originally from Community Associations Network National

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