Monday, December 25, 2006

Laundry Room Theft

Anonymous has left a new comment on your post "More Newsletter Issues":

I would like to post a note on the safty of the laundry room. I was doing laundry this morning 12/25/06 @ 7.45am. I started my laundry, 3 loads, and left. The door was unlocked at the time. I came back aprox 30 mins later and the door was locked. Not unusual, but I used my key and when I entered, there was a white male aprox 30 yrs of age,he was 5'6", with a navy blue baseball cap and navy blue sweatshirt and jeans. When he saw me walk in, he appeared startled and left quickly. I took my laundry out of the washer and put it in the dryer. He returned and went to the washers in the smaller room and proceeded, I thought, to load the machines. I finished and as I left, I was closing the door to firmly shut it, when he grabbed the door and pulled it open. I apologized for closing the door on him and he said nothing. I quickly walked to my condo and he FOLLOWED me. He commented that I was a fast walker and I didn't respond and walked into the condo. 45 minutes later I went back to finish the laundry only to find, (this is odd), ALL of my panties were gone. Everything else was there, my socks, sweats,towels, etc. It was aprox $100.00 in panties taken. I did call the police and filed a report. If anyone knows anything about this please contact the Fullerton Police and ask for Officer Garcia. Tell him it is in regards to theft report #06-98402.

Sunday, December 24, 2006

More Newsletter Issues

Anonymous said...

The newsletter said that the Slab Leak Remediation Project was proceeding. It looks like the Board has decided to tear up the walls and ceilings in all 136 units rather than just dig a trench under the 34 units that have water mains underneath and replace the corroded water mains in place.

I know something about it because Ed John fixed a slab leak under my unit some years ago. I also had my shower valve replaced while he was there and the pipes behind the walls looked pretty good after he wiped them off with a rag. I seriously question whether it's necessary to go that far. Tearing out the walls and ceilings can't possibly be the only option.

The cluhouse and lavatory areas looked like Hurricane Katrina went through for almost 2 months after they started work. I talked to Sisco when he was putting up the drywall in the clubhouse and he said that he only gave an estimate for the clubhouse, not for the whole complex. A few blogs ago, Todd in 122 stated that he didn't think there was an actual project and that the clubouse was fixed on strictly a run-and-gun basis and was not a part of any formal project. My talk with Sisco would seem to bear that out.

Hopefully, the board will put a little more thought into the next phase of this project. I don't know about the rest of you, but I'm not willing to have my walls and ceilings ripped out and then wait a month to have them fixed.

5:45 AM

Thursday, December 21, 2006

A FEW WORDS ABOUT THE MAILBOX

I got the latest newsletter in the mail today and feel compelled to comment about the outbound mail box. In 1996 I had some personal mail intercpted by an evil-doer who used my name, SSN and address and got herself a credit card in my name and proceeded to buy stuff and get cash advances to the tune of about $5000. I was not the only victim.
She was caught by the Postal authorities in 1997, and at her trial, it came out that this was not ger first offense !!! I know because I was there. Towards the end of the trial, she made a plea bargain and several counts of mail fraud against her were dropped and she was sentenced early in 1998 to one year in federal prison and three years probation. She was released imediately because of time served. By the time the story got told and re-told here at Parkridge, her sentence was up to five years hard time, but that is not true.
Anyway, if the residents want an outbounf mailbox, go for it. Just be careful what you put in there. And remeber that no lock is unbreakable and that the person who did this to me and the others STILL LIVES HERE.
I am going to continue to drop off my mail at the Post Office on the way to work.

Foreclosure: How Big a Risk? By Peter Coy of Business Week

A study out today from the Center for Responsible Lending predicts that subprime borrowers are going to lose their homes to foreclosure on a massive scale. Looking at more than 6 million subprime mortgage loans issued from 1998 through September of this year, the study calculates that 2.2 million households have either already been foreclosed on or will be foreclosed on in the next few years.

These foreclosures, it says, will cost homeowners around $160 billion in wealth, mainly in the form of lost equity. The foreclosure rate will be highest on homes that were sold at the peak of the market, it says, because prices on those homes have fallen, meaning people will have a harder time bailing out of distressed loans by refinancing or selling their homes for a profit.

Wednesday, December 20, 2006

Julie Glasser Leaving Diversified Real Property Mgmt.

In addition to responding to the email about the water problem on Tuesday night, Julie shared that at the end of next week she will be leaving Diversified Real Property Management.

Tuesday, December 19, 2006

Water Emergency Tonight 12/19/06

There is information tonight at the Pro Serve 800 304-7473 number. Pete at Pro Serve reports that they are on premises and addressing an emergency flood with a main. They are also waiting for Edison to arrive to move some electrical.

Post homes for sale and set your Make Me Move Price

What's New with Zillow?
Post homes for sale and set your Make Me Move Price: In the biggest upgrade since the site launched in February, Zillow now allows homeowners and agents to post homes for sale, for free. Any homeowner can also set a Make Me Move price – redefining what it means for a home to be “For Sale.” Be sure to check out our screen shots of the new features as well.
Real Estate Wiki: Read and contribute to more than 150 articles on buying and selling real estate – an incredibly comprehensive resource that has been seeded by Zillow editors and is updated by the community.
Quarterly Home Value Reports: What is the real estate market doing in your area? Has appreciation slowed down or is it still going strong? Get the details on what is happening to the housing market in our Q3 2006 Home Value Reports. A national report is available, along with specific reports in Seattle, San Francisco, Los Angeles, Phoenix and Miami.

Thursday, December 14, 2006

Foreclosure rate continues to build in Orange County

Defaults are up 11 percent from October, 125 percent from last year.
By MATHEW PADILLA

The Orange County Register
Orange County homeowners are missing mortgage payments and losing their homes to foreclosure in rapidly increasing numbers, as the housing market slumps.
Banks sent owners 665 notices of default in November, a 125 percent increase from a year ago and an 11 percent rise from October, DataQuick reported Wednesday. It's the highest monthly total in more than seven years.

Monday, December 11, 2006

No Water Shut Off Info. at 800 304-7473

If you want more information about the water shut off for tomorrow, don't bother calling 800 304-7473 like the flyer says. It seems that we have attempted to delegate the all important posting of the flyers at the mail box location. Delores at Pro Serve does not know if the shut off is one building, multiple buildings or all buildings. After a few minutes of shuffling papers she determined that she has no additional information about Parkridge.

A loan that'll get ugly fast

The LA Times reports from California. “Every day, Will Hertzberg owns a little less of his three-bedroom house in Corona. Like hundreds of thousands of other homeowners around the state, Hertzberg has a mortgage that lets him choose how much he pays each month. Like many of them, he always chooses to pay as little as possible.”

“His debt is swelling, and his mortgage company controls his fate. ‘I am rather screwed,’ he said.”

“Hertzberg could sell now, but his lender would charge him an $11,034 prepayment penalty, money he doesn’t have. Yet if he stays, the housing market may tank, vaporizing what little equity he has left. ‘I made choices, and they happened to be the wrong choices,’ said Hertzberg.”

Thursday, December 07, 2006

Parkridge 1 Bedroom 1 Bath Prices Vary $37,400

In what may be a microcosm of Southern California real estate, there are 2 one bedroom Parkridge units for sale within steps of each other ranging in price from $329,900 to $292,500. I wonder if a perspective North O.C. buyer of 673 square feet would even use a parameter over $300,000 in a preliminary search nowadays. This may be where unmotivated sellers cling to past comp pricing and new sellers list below what is already on the market. There are also 2 units listed at Realtor.com (link above in title) for $294,000. I would be most interested in what the buyer activity level is like if anyone is privy. Your Blogger

Friday, December 01, 2006

Better Business Bureau Rates Diversifed Real Property Management

Better Business Bureau gives Diversifed Real Property Management and Business Services, Inc. a "D" rating. Definition of a "D" rating is as follows:

We have enough concerns about this company (for example, their offer, customer complaints, advertising, etc.) that we recommend caution in doing business with it.

There are 9 rankings ABOVE a "D" score, and only 1 BELOW.

http://www.labbb.org/BBBWeb/Forms/Business/RatingExplanationPage.aspx?CompanyID=13213609&sm=
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