Parkridge Condos Fullerton

Community Notice SLOPE PROJECT EXTENSION

2011-11-21T09:52:00.001-08:00

This is the notice posted at the mail boxes-Park Ridge Residents,The City of Fullerton Building Division’s review and approval of the SlopeProject has taken longer than CMS and Park Ridge COA anticipated. Theapproximate project completion date has been extended to January 20,2012.The City of Fullerton has allowed overnight Parking on Rolling Hills untilthe first week of 2012.The Park Ridge COA Board of Directors is grateful to all Park Ridgeresidents for their cooperation in this matter, particularly those residentswhose garages have been vacated to allow the project to proceed.- Park Ridge COA Board of DirectorsContact CMS property manager, Desiree Nicoles:909 399-3103 x 319 or email - desiree@cmsmgmt.com

Information on Garage Project?

2011-10-07T11:59:00.000-07:00

Does anyone know what is going on with the garages in the back of the complex? I have a garage back there and am concerned that I might have to empty it out. Can someone please let me know. Are they just empty? Posted by Anonymous to Parkridge Condos Fullerton at 7:16 PM

Ongoing Roof Leak October 2011

2011-10-06T11:24:00.001-07:00

Mark #71 has left a new comment on your post "High Edison Bills?": (Please put this up as a post Howard)It's that time of year again.. rainy season... And like every other time it rains my ceiling "leaks like a sieve" and the same roof repair guy comes over and assures us that it will be repaired.Three seasons have passed and on several different times after it has rained he has claimed to have fixed the leaks.. I don't really know that they have been repaired because he does these repairs a day or two after the rain has passed.This afternoon my wife came home to find our entire hallway wall located under the A/C (I'm on the top floor)soaked and most of the ceiling tiles have warped as well.Is anyone else having a roof leak problem? I honestly feel that this roofing repairman has completely taken advantage of our community. Why else would our roof leak if he claims to have repaired it? (not once but several times mind you) He has gone on to blame poor gutter flow due to debris from the trees clogging them and poor maintenance of roof drainage systems in which we can not clean or maintain ourselves (per HOA rules). Oddly, just a day or two ago some guys were up on the roof apparently cleaning these things out. We have had to pay for damages and higher HOA fees far to often due to poor roofing jobs across the community and this is the final straw for me. I am assuming there will be another increase to the HOA dues to repair these leaks again in the future. Sorry to rant and I know a rebuttal about not going to a HOA meeting and submitting this issue to the board will be tossed my way but I have been to that rodeo to no prevail... because the board did not climb on my roof to repair it right? so why blame or yell at them for the horrible roof job?I know someone will reply quicker on here anyway! :)I will pursue action through my insurance agency this time as recommended by a lawyer and keep waiting for a call back from our swift acting management Co. (call made @ 2:30P and still no reply from the roofing guy and it is now 5:00PM) I hope that I am the only one with the leaky roof though. This is a crappy thing to deal with and it would be sad to know that others are too.Mark #71

High Edison Bills?

2011-09-22T13:44:00.001-07:00

I can't figure out how to send an email, so I'm commenting hoping someone can help me out. My electric bills here are INSANE. I moved in in June, and there has been usage that cant possibly be justified. I'm in a 2/2, my August bill was $170 and September was $145. We quit running our AC after August's bill and it didnt even decrease. What are others paying? Could it be possible that someone is using my electricity?

No Parking

2011-09-13T08:41:00.000-07:00

Anonymous has left a new comment I hate to say this again, but...There are people parking their work trucks here again. I came home tonight at 8:30 and there are two work trucks that are too big to be parking here taking up 3 spaces. Now I have to park on the street and risk a ticket so these people can park their work trucks and personal cars here. Doesn't seem fair to me.

COYOTE SIGHTING!!

2011-08-02T14:14:00.001-07:00

COYOTE SIGHTING!!
For all those with small animals, on 8/2 between 12:30 and 1 a.m. I spotted a coyote between units 39 and 65. I was letting my dogs out and the coyote just came trotting up the walkway. Fortunately, coyote wasn't too big and spotted me before the dogs. I walked towards him and he ran off towards parking lot.

SO if you're out after dark, you might want to keep something with you to chase him off.

Tim #40

Auto Theft - July 26 2011

2011-07-27T08:53:00.000-07:00

Today 7/26/2011, between 5:30 and 6:30 pm, my silver Tacoma tailgate was stolen in front of the 3054 building. Several people were coming home, people were in the pool, and the girls were out selling lemon-aid. Apparently, someone is comfortable steeling in plain site and during busy hours. This is the second time my truck has been stolen from (so far over $10,000 in damages) along with may others in our complex. If you saw, or suspect anything, please let me know or call the Fullerton Police department and let them know you have information about Park Ridge crimes. Thanks for your support.

Kevin
#32

Are Any 1 Bedroom Condos For Rent?

2011-07-05T11:20:00.000-07:00

I am intrested please email me with the condo address will come and see..you can reach me on gkrags@gmail.com and ph:- 7326664130

No hot water AGAIN in 3046

2011-06-27T12:58:00.001-07:00

No hot water AGAIN in 3046 building on 6/23. 2nd time in 4 weeks we've lost hot water. Is there a big problem or just someone messing with the broiler?

No Hot Water in 3000 Building May 24 2011?

2011-05-24T12:13:00.000-07:00

Does anyone know why there is no hot water in the 3000 building today (May 24th 2011)and if it is being worked on already? I've called and emailed the management company but no reply yet. Thanks, Howard

Gorgeous Club House & Laundry Room

2011-03-21T19:24:00.000-07:00

Wow, I just went into the club house for the first time in a while and wow. I think what I felt was pride. Next I felt grateful to Sally, Kelly and Jerry for all of their thankless and dedicated work. I wonder how many hours they have donated to our improvements & our enjoyment of Parkridge not to mention our vastly improved property values (or rents). Thanks to the others who have served with them along the way too.

When this team took over our complex/association we were broke and didn't feel like a community at all. All of the issues of the day were a combined distant second place to the water/hot water issue. Simply solving that issue (without an $8,000 - $10,000 special assessment I might add) would have been plenty to call their tenure hugely successful. Parkridge has undergone more beautification and modernization than I will attempt to list here. OK, a few items were the Pool, Spa and balconies.

Except for a contractor who neglected to cover a work in progress when the world knew it was about to rain the past few years have seen nothing but progress. Well, a renegade "neighbor" who does not realize that "they" are "us" and that the rules apply to all.

Our leaders have been approached by the management company to find out how we were able to build a reserve of funds and get all this work done at the same time when other HOA's are going under.

Thank you so very much!
Howard

Locked Bathrooms

2010-12-10T15:51:00.001-08:00

Is it just me, or is it the more that gets done around here, the less we are told about it. I am sure there is a good explanation as to why OUR restrooms are now locked, but it would be nice if the information went out. I am not welcome at the monthly meetings, so I don't get to partake in the conversations that happen there, but we do have two sources of web interaction and one source of mail. Where are the updates? What is going on? Why is it that 3/4 of our complex on lock down? Again, I am sure there is a reason, but it is frustrating to just find things this way.

Kevin

Lost iphone in Parking Lot

2010-10-19T09:12:00.001-07:00

An iphone was lost recently in the parking lot. If found please call Joel at 619 823-9790.

Commercial Vehicle Parking

2010-08-16T07:18:00.000-07:00

I was under the impression that work trucks are not allowed to park in this complex. I have noticed a white work van that is very big parked here. It looks like the owner moves it every couple of days. What can we do to have this vehicle removed to allow parking for residence vehicles only. I parked a work vehicle her for a weekend in the past and had tow stickers put on it. What is the deal?

Thank You Board

2010-07-29T21:42:00.000-07:00

Hello, I just want to say thank you to Park Ridge board members and volunteers for keeping trash areas cleaner, for the pool, roofs, and very happy know the watter issues and more, thank you is not easy to run for any kind of board you get many accomplishments, but also some times desagrements with decissions made. Not alwas get what you want but sure enough with this board I've got more.
Please if you hear some gossip going around and some one is asking you to sing some kind of petition my response is simple sorry, no signature just run for the board, don't forget next elections April.
My name is Golda and you can reach me at johnlguerito @aol.com be happy to hear from you.
Thanks
6:47 PM

#87 in Pre-Foreclosure

2010-07-21T10:04:00.000-07:00

#87 in Parkridge has shown up on RealtyTrac as a "Pre-foreclosure.

Large Item Disposal in Park Ridge

2010-07-16T13:11:00.001-07:00

Large Item Disposal in Park Ridge
Tuesday, July 13. Large items are not permitted in the six numbered common disposal areas. Please call MG Disposal to schedule a FREE pickup of large items, such as mattresses and box springs, etc. MG Disposal: (714) 871-1434.

1 Bedroom 1 Bath Parkridge Condo For Rent $1,050

2010-06-02T11:36:00.001-07:00

I have a 1 bedroom Condo in ParkRidge for rent. Asking $1050. per month. Recently remodeled kitchen, floors, paint, ceilings, downstairs
greggan@aol.com

Looking for Carport to Rent!

2010-04-08T12:53:00.000-07:00

If anyone who has a carport and doesnt use it much would like to rent the carport space for me to use. Please reply to this thread and we can work out a deal.

In California, bidding wars are One of the nuttier elements of the real estate boom has returned. Tess Vigeland explains.

2010-03-22T10:18:00.000-07:00

Found on "The Housing Bubble Blog" which is a great source for housing & real estate information and articles.

From NPR http://marketplace.publicradio.org/display/web/2010/03/19/mm-multipleoffers/ “One of the nuttier elements of the real estate boom has returned. Tess Vigeland explains. ‘Kelly Frambach and her husband, Andy, moved into their first home just a few months ago. She’s a 32-year-old office manager for a construction company; he’s 29 and works in tire repair. This California ranch-style home in Chino Hills, just east of Los Angeles, boasts three bedrooms and two baths, 1,200 square feet for them and their seven and nine-year-old kids. They started going to open houses back in mid-2008, just as the market was collapsing.”

“They paid $285,000 for it — ten grand over the asking price — with an FHA-backed 30-year mortgage. Kelly: ‘And we thought it would be easy, because there were sooo many houses for sale. That’s what everybody thinks, but every house we put an offer on, there were so many offers.’”

What are the rules about leaving your garage open?

2010-03-16T13:16:00.000-07:00

Anonymous said...
What are the rules about leaving your garage open? I have noticed one garage open every night for long periods of time. I was under the impression that your garage must be closed when not in use.

11:56 AM

HOAs suffer during recession

2010-03-12T12:38:00.000-08:00

HOAs suffer during recession
Dispute continues with investors

By Buck Wargo (contact), In Business reporter
Fri, Mar 12, 2010 (3 a.m.)

Foreclosures are taking a toll on some Las Vegas homeowner associations, some of which are closing pools and deferring maintenance as they deal with a drop in revenue.

The financial woes faced by the associations come as they are locked in legal and legislative battles with investors in foreclosed homes who complain they are overcharged for fines and fees by the associations and their collection agencies.

Associations are struggling with their budgets and some have closed pools and clubhouses and cut back on maintenance, including landscaping, said Nicholas Haley, the education and information officer of the state ombudsmen for the owners of common-interest communities and condo hotels office.

Haley’s office takes complaints from homeowners and handles mediation.

“People have complained about the maintenance and what’s been closed down and questioned what are they paying for,” Haley said. “Associations have to balance their budgets, given their communities have faced a lot of foreclosures. Sometimes it is a temporary measure until people start paying their assessments. But you have many people who are retired or out of work and they can’t make up the difference, so the community has to scale back.”

Foreclosures Still Seen Hitting Prices from Wall Street Journal

2010-02-16T08:58:00.000-08:00

By JAMES R. HAGERTY

More waves of foreclosures will keep downward pressure on home prices in parts of the U.S. over the next several years, two new studies project.

The studies—by John Burns Real Estate Consulting Inc. and Standard & Poor's Financial Services LLC—both conclude that most efforts to modify loans with easier terms will delay, not prevent, the loss of homes to foreclosure.

The Treasury Department is expected to give its latest update this week on government efforts to avert foreclosures.

The John Burns study estimates that five million houses and condominiums on which mortgages are now delinquent will go through foreclosure or related procedures that put them on the market over the next few years. That would represent the bulk of the estimated 7.7 million households behind on their mortgage payments.

Orange County Register On Loan Modifications

2010-02-07T17:15:00.001-08:00

The Orange County Register. “Are all these loan modifications we keep hearing about actually helping homeowners avoid foreclosure, and thus helping the housing market and economy? Tom Mitchell, a senior analyst who covers financial stocks at Miller Tabak & Co., agreed that banks’ modified loans may be skewing the picture.”

“‘We now have to consider the [modified loans] as a kind of shadow group of nonperforming assets,’ Mitchell said. ‘It’s reasonable to say that for most banks, if the loans had not been [restructured], they would have been nonperformers.’”

Gates & Laundry Doors

2010-01-31T11:38:00.000-08:00

An Email to Desiree,

I am concerned that there is not proper communication to our
community. Yesterday there was an event occurring in our community
that everyone should have been made aware of. Apparently the police
were looking for loose individuals most likely living in our complex.
Things like this that could be a danger to our residents should be
communicated through email and postings on the locked community board
in the laundry room that I installed just for this purpose. Also, we
have an official community web page that seems not to get updated.
Either it should be taken down or, kept up to date. Otherwise, the
announcements are misleading as to the current state of your
community.

Also, I believe that matters like the one yesterday are a direct
result of our gate always being broken. Also, posting the fact on the
gate instead of a controlled forum such as the ones listed above, only
advises those individuals trespassing as to the current state of your
security. Maybe it is time that the gate are updated with a type that
is more suitable to the kind of use that they see.

Speaking of security, the two doors to the laundry room are not
secured. It does not cost that much to have two steel doors with
PROPER locks installed. We have been battling this issue for at least
4 years. They should just be replaced with commercial steel doors with
commercial locks.

I realize that this all costs money. We have a new budget for 2010 and
I am hoping that these kinds of issues are addressed. As a community,
we have an obligation to budget for and maintain the complex to a
standard that gives way to safety and to hold or increase property
value.

Your company has done an amazing job thus far and has always responded
to any concerns I have had. I hope that your experience has an impact
on the residence, with moderate experience, that make up the board.
Thank you as always for your understanding and professionalism.

Yours,

Kevin Sharp
#32

Lost Social Security Cards

2009-12-30T19:55:00.000-08:00

I think I dropped a black card case carring my entire families Social security cards in them if anyone finds them please let me know or call my cell 714-801-0103 Thanks Deanna

Gate Fixed

2009-12-29T15:25:00.001-08:00

Anonymous has left a new comment on your post "Rental of Car Port?":

I would like to thank those you finally fixed the front gate. In the future it would be great if the gate would be fixed as soon as it has a problem. I have witnessed people from the complex south of us parking in this complex. Maybe we should start a parking permit program here. Not charged, just so we know those who live here can park here. Say 2 permits per unit, maybe 3 for the 2 bedrooms if needed.

#136 on Foreclosure Report from Realty Track

2009-11-12T08:58:00.001-08:00

It has been some time since a Parkridge condo showed up on this report. Perhaps the wave of bad loans swept through at that phase of the downturn and current defaults are more tied to unemployment issues.

Rental of Car Port?

2009-10-27T12:20:00.001-07:00

I have been noticing lately the parking problems. I work very late at night and come home here to no parking spaces. Yet, I see many of the covered spaces open. Is there any way I can get one those spaces to park my car? I don't care if it costs a little. Can anyone help me?

New, Stricter FHA Condominium Lending Guidelines Coming Nov. 2: First Time Buyers Affected

2009-10-05T16:30:00.000-07:00

Originally posted on the Massachusetts Real Estate Law Blog

Breaking News: 10/1/09–The FHA Has Delayed Implementation Of New Rules Until November 2, 2009 To Coincide With Expiration of First Time Home Buyer $8,000 Tax Credit

Under revised guidelines which were to be effective October 1, 2009 but now delayed until November 2, 2009, the Federal Housing Administration (FHA) is implementing a new stricter approval process for condominiums to be eligible for FHA financing. Like the Fannie Mae regulations issued earlier in the year, the new FHA guidelines will surely slow down condominium mortgage financing, and negatively impact first time home buyers for condominium units.

For those who don’t know, FHA is a government program designed to help more people buy homes, and more borrowers will qualify with FHA financing than with conventional. It is a low down payment (3.5% down) program and the credit standards are much looser. The mortgage rates are typically better, as well.

To obtain a FHA mortgage on a condominium, the project must be FHA approved. Prior to these changes, there were two ways a condominium could be FHA approved: (1) full project approval, and (2) “spot” approval. Full project approval means that FHA has already done the approval on the entire condominium. Spot approvals were performed on non-FHA approved projects on a loan by loan basis, and were a way to make FHA loans available to home buyers in well run condo projects even if they haven’t gone through the full approval process.

No More Spot Approvals

Under the new guidelines, the popular spot approval process will no longer be available and will be replaced with something called a Direct Endorsement Lender Review and Approval Process (DELRA). FHA claims the DELRA process is more uniform and streamlined that the former spot loan approval process. Also, full project approvals expire every two years, so condominiums will have to re-certify every 2 years.

New Project Eligibility Guidelines

Under the new project eligibility requirements, all condominiums (consisting of 2 or more units) must meet the following requirements:

* At least 50% of the units of a project must be owner-occupied or sold to owners who intend to occupy the units. For proposed, under construction or projects still in their initial marketing phase, FHA will allow a minimum owner occupancy amount equal to 50 % of the number of presold units (the minimum presale requirement of 50 percent still applies).
* Projects must be covered by hazard and liability insurance and, when applicable, flood insurance.
* At least 50% of the total units must be sold prior to endorsement of any mortgage on a unit. Valid presales include an executed sales agreement and evidence that a lender is willing to make the loan.
* No more than 15% of the total units can be in arrears (more than 30 days past due) of their condominium association fee payment.
* No more than 25% of the property’s total floor area in a project can be used for commercial purposes. The commercial portion of the project must be of a nature that is homogeneous with residential use, which is free of adverse conditions to the occupants of the individual condominium units.
* Reserve Study - a current reserve study must be performed to assure that adequate funds are available for the funding of capital expenditures and maintenance. A current reserve study must be no more than 12 months old – if recent events or market conditions have affected the finished condition of the property that information must be included. When reviewing the reserve study, consideration must be given to items that have been replaced after the time that the reserve study was completed. The regulations don't definition of what is "adequate," however. Guidance may be found in the new Fannie Mae guidelines which mandate at least 10% of annual operating budget in reserves.
* No more than 10% of the units may be owned by one investor. This will apply to developers/builders that subsequently rent vacant and unsold units. For two and three unit condominium projects, no single entity may own more than one unit within the project; all units, common elements, and facilities within the project must be 100% complete; and only one unit can be conveyed to non-owner occupants.
* Rights of first refusal are permitted unless they violate discriminatory conduct under the Fair Housing Act.

Buried in the fine print is a requirement for an affirmative action-type housing plan. For both new construction and conversions, if the developer intends to market 5 or more units within the next 12 months with FHA mortgage insurance (that would be most), an Affirmative Fair Housing Marketing Plan (AFHMP) or a Voluntary Affirmative Marketing Agreement (VAMA) must be in place. An affirmative fair housing marketing plan requires that the racial, socioeconomic, and ethnic composition of the condominium residents closely mirror that of the neighboring area, to the greatest extent possible. Most new condominiums don’t have these in place.

Click here for the new FHA condominium guidelines. You can look to see whether a condominium is approved on the HUD Homes & Communities website located here. Here is the FHA Condominium Mortgage webpage.

The Impact: More Work For Lenders, Condominium Associations/Managers And Attorneys

I expect FHA lenders will approach condominium association boards and managers, asking for certain information, certifications, and even legal opinions regarding compliance with FHA (and Fannie Mae) legal requirements. If a condominium is not on the FHA-approved list, or has lost its approval, condominium associations should consider applying for approval (or re-approval). Reportedly, FHA/HUD is backlogged a month or more in reviewing submitted applications. Thus, should your condominium need to be submitted for approval, keep in mind the process may take some time. Also keep in mind that the work to compile and complete the application package itself can take weeks, and require the board, its manager, and legal counsel to gather data, documents, and expert opinions required for FHA approval. The package of materials that must be submitted can vary from condominium to condominium, and often requires an updated reserve study and certain legal opinions.

Having issued numerous opinion letters and certifications under the similar Fannie Mae condominium regulations, our office is well equipped to assist lenders and buyers with FHA loan compliance issues. Contact rvetstein@vetsteinlawgroup.com for more information.

Pool & Spa

2009-09-22T09:18:00.000-07:00

Anonymous has left a new comment on your post "Coyote Spotted in Parkridge":

Does anyone know when the jacuzzi will be working? I tried to use it last week but the water is cold and the jets don't work. Also, does anyone pay attention to the Rules for the pool area? Kids seem to be down there all the time on weekends (No Children under 18 permitted after 1 pm on weekends and Holidays) with toys and water guns which are prohibited. Are we suppose to run and find a Board member? wait for them to leave and follow them to their unit to report them? Asking people to leave results in "they aren't hurting anyone, what's the problem?" I would be fine with that if the adults would say something when they were being loud and annoying, but they don't.

Then you have the 18ish kids that come down with their friends, being loud, using inappropriate language and jumping (doing "canonballs") in the pool. They technically are okay to be there since they are 18 but should be supervised since they are obviously children. Not sure what to do about that since asking them to stop results in more bad language and the "F- off".

We were a long time without the pool, I would like to enjoy it now that it's open again.

Coyote Spotted in Parkridge

2009-08-01T16:15:00.001-07:00

While walking my dogs late Friday night/early Saturday morning (1:15 am), I spotted a coyote wandering through the complex. The open gate made it easy for the coyote to get in....and out. Just want to give a "heads up" to all those with small pets, especially the outdoor cats.

Tim #40

Towed

2009-07-28T09:03:00.001-07:00

My wife's car was towed today by our new towing vendor, Tow Zone Inc., she left our car in front of our garage for less than 5 minutes to carry our groceries up to the house, she even left her hazard lights on.

A neighbor saw a tow truck sitting in the carport area by the backside garages before this happened, so the guy basically waited for someone to park in the alley and swooped in and towed the car in less than 5 minutes. This does not seem like a legal practice to me, although I realize that we're not supposed to park in front of our garages, if it is for unloading/loading of a vehicle, and it is only 5 minutes, how can a tow truck company do this??? Is this authorized activity by our board or the mgmt. company??? Has anyone else had this happen to them?

My car was towed about 5 miles, and was picked up from the tow company in less than 3 hours, and it cost me $175. I find it hard to believe that this is what our board or mgmt. company had in mind when they hired this company.

-Greg, #86

#7 in Pre Foreclosure Process

2009-07-18T07:46:00.000-07:00

This notice was just posted on Realtytrac.com

#58 For Sale 2b 2b in 3000 Building $195,000

2009-07-16T09:25:00.001-07:00

This 2 bedroom 2 bathroom was foreclosed on recently and appeared on Realtor.com just recently.

Does Anyone Know of a Condo for Rent in Parkridge?

2009-06-22T11:11:00.000-07:00

I have been contacted by someone who wants to rent a condo here in Parkridge. Please make a comment or email me if you have any information. Thanks, Howard

Association Fees Too Low!

2009-06-17T12:34:00.000-07:00

We have written a lot on these pages about the damage that reserve underfunding can do to a community association. For ten years we have tried to focus attention on the long-term effects of failing to adequately save for the inevitable reconstruction or replacement of major building components. Nevertheless, we still see every day examples of what happens when a board fails to budget to meet these needs. Associations with less than half of the funds needed for a major re-construction project are common. Associations with no funds at all are less common, but becoming more so all the time.

Click on link in title for full article at condoissues@blogspot.com

Auto Pay Association Dues?

2009-06-11T06:24:00.000-07:00

does anyone know the web address to pay our HOA fee online? I called our management company but I keep getting disconnected.

thanks,
#125

#30 For Sale $80,000 NOT A TYPO reduced 4/20/09 from $120,000 1b 1b - Wow!

2009-04-20T11:41:00.000-07:00

That is $178 per sq. ft. This is the first time in recent history I can remember a Parkridge condo listing for under $200 per sq. ft. These are some serious sellers that do not want to chase the market downward week after week. Howard

Parkridge Votes NO on Assessment

2009-04-17T10:16:00.000-07:00

My memory of the announcement is 45 votes against the assessment, 40 for and the number that surprises me most...51 units did not vote at all. Thanks so much to Sally, Kelly and Kim for all the time, dedication, research and preparation. When asked if they would stay continue to volunteer or resign, Sally & Kelly said the board intends to to go back to the drawing board to attempt to come up with a plan that 45 no votes can handle. Actually 3 converted votes from no to yes would do the trick. No other residents, including myself, volunteered to run for a board position in the election.

Pool

2009-04-12T09:39:00.000-07:00

TO THE MORON WHO VANDALIZED OUR POOL

I walked past the pool this AM and saw the pool. Three things immediately came to mind:

First, algae doesn't grow that fast under the worst circumstances.

Second, the texture and the color are all wrong. To my eye, it's way too light.

Third, it's too evenly spread thoughout the pool. Algae growth usually starts in the deep end and then spreads out verically and horizontally as it gets worse over time.

Conclusion 1: One of our residents used some sort of food coloring or dye or something to get that water that color that fast.

Conclusion 2: It wasn't one of the usual suspects. Somebody with an axe to grind put some serious thought and planning (and money) into this. No punk did this.

I've lived here over 12 years and was on the board for eight. I've seen a lot of vandalism but I've never seen anything as despicable as this. I guess that as an association we don't have enough negative issues to deal with.

TO THE BOARD:

You should have had the pool drained the same week you decided to close it. Soon. This situation says more about our community than anything else right now and should be made a priority.

Furthermore, the ponds sould be filled in and the pumps and associated hardware should be removed. It was determined long ago that the long term root cause (pun intended) with the ponds is trees. The roots grow up and will eventually break through the bottom, no matter what is done.

A referendum was taken about 10 years ago or so, and two thirds of the community voted to have the ponds removed as they became unserviceable. The alternative is to spend tens of thousand of dollars every ten years or so for repairs. Two of the ponds have already been filled in. It's time to do the rest.

Todd in 122

Parkridge Official Web Site http://sites.google.com/site/parkridgecondominiums/?pli=1

2009-04-08T09:26:00.000-07:00

The site is full of fantastic information. There is a tab for all the news letters, minutes from past board meetings, rules & regulations and the assessment documents that we received in the mail. Remember that someone is going to all the trouble of putting our monthly financial statement on the back of the newsletter. In the 12+ years I've been living here there has never been this much trasparincy to where our money is being spent and saved. Remember, we were BROKE when this current board took over just a year ago.

For access, you simply need a to send an email to Desiree "desiree@cmsmgmt.com" at the management company. You will also need to sign up for a free Google account if you don't not already have one. Click on the link in the title above or cut and past this address into your browser http://sites.google.com/site/parkridgecondominiums/?pli=1

Howard

The Four Stages in the Life of a Community Association

2009-04-02T22:52:00.000-07:00

This site by Mr. Birding is a great resource for a community like ours. He is an attorney who has vast expirence in this situation that is new to most all of us. Click on the links to his site and/or booklet he wrote.

http://www.berding-weil.net/pdf/uncertain_future.pdf

http://condoissues.blogspot.com/2008/02/when-market-value-slips-out-back-door.html

We can not afford to NOT maintain our community!

2009-04-01T10:27:00.000-07:00

Those of you considering a call to the health department or selling your condo should be leading the charge to approve the assessment! I do not have $10,000 lying around and certainly do not like the thought of spending/borrowing so much to generate zero upgrades and only "maintain" what we feel entitled to. However, if you are going to own a car is it short sighted to claim no funds to change the oil...SAME THING! I suggest for those of you selling simply list the $10,000 discount within your asking price and get out so those of us who plan to live here can get on with making this community more livable. If you feel compelled to identify someone or some organization to blame so be it. That is not a simple blame game with so many different management companies over the years and so many VOLUNTEER board members. The board is not "they" the board is WE! Volunteers! I for one am very thankful for all of the dedicated work these people have donated to us (non-volunteers) and thank them for developing a plan. All the rest of us have to do is allow the plan to be executed. Again, I do not have $10,000 but there is no choice! If you would like to be able to sell your place some day with out discounting far below current market value (still dropping)...vote yes! Our posts and comments on this forum make it very easy for perspective buyers who can spell G-O-O-G-L-E to investigate our dirty laundry and sub par living conditions. I thank Sally (Kelly, Kim...) for her leadership, dedication and vision to bring us this far since the previous board leadership almost bankrupted us and allowed this well know situation to fester. Howard

Anonymous has left a new comment on your post "Parkridge Repairs/Special Assessment": EVERYBODY PLEASE READ THIS - ESPECIALLY THE GOOD NEWS AT THE EN

2009-03-26T10:18:00.000-07:00

Good news and bad new (first the BAD):
My condo is currently (or WAS) in escrow. I got a call from my realtor last night. My condo's escrow fell through. I disclosed to the buyers that there are plumbing problems in my unit and said there are plans to replace the plumbing and there is most likely going to be an assessment, although I'm unsure how much. So, the buyers called our Management Company to find out the details and DESIREE from the Management Company painted a hideously GRIM picture to them. She came out and TOLD my buyers details that I didn't even know yet! She said that we will be having a $13,000 assessment (Yes folks, not $10,000 like was hinted previously) AND she told them that they won't even FIX the water for 4 years so my buyers would have to put up with COLD water for 4 years! I called Desiree last night and left a rather hysterical message for her. I've never sued before, but I sure feel like suing that management company for doing that to me. I was willing to compensate my buyers and work out these issues in hopes they could tolerate the water problems, but now my buyers are rightly ANGRY. HOW DARE she tell my buyers these details without even first telling all the actual homeowners this information??!!! Have any of YOU gotten any formal word on this? I sure haven't! AND, second off, it is suppose to go out for a vote, isn't it? It was hard for me to disclose the entire situation to my buyers as I thought it was all still up in the air, but Desiree sure indicated to my (EX) buyers that there is a definite PLAN in place.

Unless you're sitting on a $13,000 wad of cash (which I'm sure not), please read on......

***THE GOOD NEWS************
WE ALL NEED TO CHECK OUT OUR HOMEOWNERS INSURANCE POLICIES!!! In condo policies there is something called "Loss Assessment" coverage. I checked my policy and I DO have it on there for $10,000. I encourage EVERYONE to check their policies TODAY. If you don't see it on there, call your insurance company ASAP and add it on NOW. The coverage only costs around $5.00-$8.00!! Mine was $5.00.

Also, isn't there some law that hot water needs to be provided for sanitation purposes??? Our situation is unacceptable. I have been putting up with this for 7 years now and I'm so over this!!!

Suspicious Activity Last Night March 11th 2009

2009-03-12T11:39:00.000-07:00

Last night around 10:45 as I was walking by the Garages I witnessed 2 young men in their late teens, Early 20's, both about 5'9"-6' tall. One wearing a blue CSUF hoodie and white shorts, the other wearing dark shorts and a red shirt. I clearly saw them tugging on garage door handels looking for anything unlocked. They did see me and continued down a side path of the 3000 building. I called 911 and reported this while ducking down another path. as I resurfaced the two guys went back at it and litteraly had one garage door open about a foot, saw me and casualy pickd up their pace and slipped down a path by the tennis court buildings. I ran to the front parking lot assuming I had beat them to the gate but to my suprise it seemed that they litterly vanished. I have personally never seen the two guys in our complex before. I usually wander to the alley and around to the front about that time to have a walk before bed. Luckly nothing seemed to be stolen from the garage they had opened and police reports were made. If you have any idea who the two guys are or if they live here in the complex please notify Fullerton Police.

Mark

Question From Prospective Buyer...So they say?

2009-03-09T13:11:00.000-07:00

I am a person looking to buy here. My concern is the water issues here. We looked at a place and really liked what we saw. My concern is about the hot water. There is hot water in the bathroom but in the kitchen there was none. What is the community doing about this? From what I have been told this is a major problem. What can be done to eliminate my fear that if I buy this place I won't be set with a big assessment upon buying here. Aside from the fact I love the ambiance of this place. Please but my fears to rest.

Parkridge Repairs/Special Assessment

2009-02-11T12:55:00.000-08:00

Anonymous has left a new comment on your post "3062 Associated Rd. #1 in Default":

During these tough economic times, it would be very difficult to again raise the dues and/or to impose a big special assessment. Holding off on spending for at least another year would be in the best interest of the owners and association. There are those of us who have lost our jobs and don't know how we will be able to pay more than what we are currently paying.

3062 Associated Rd. #1 in Default

2008-12-16T13:02:00.000-08:00

#1 is listed by Realty Track as in default and going to auction with $229,000+ owed to the a lender.

random people hanging around

2008-12-01T10:13:00.000-08:00

Anonymous has left a new comment on your post "$1150 - 1BD/1BA Condo For Rent in Parkridge on As...":

This is actually not a reply but a post:
Over the past few months there have been more and more random people hanging around our parking lot after hours. I work late and on several occasions while getting home after 2AM I have been met at the gate by people walking in after the gate is open (since it has been fixed) or finding people sitting in their cars waiting for something. I was curious and followed a shady person to Unit #__ where all this traffic is coming from at ALL hours of the night! I am concerned for my saftey as well as the safety of our community and property. I spoke to a few neighbors whom feel threatened but obviously won't do anything about it due to being intimidated by one particular Bill or Phill? kid that is allways walking back and forth with a pitbull between his unit and the #__ unit. I don't know the kid but if this is enuff to scare my fellow neighbors than I feel that you should say something to the board Mr. Moderator. And what can we do to report #__? The Assoc. Co. has done nothing since the person there is a renter and not an owner. I own and feel that property values are already in the toilet without tweekers runnig freely.
Signed,
Anonymous
(I dont want my safety or property damaged now that I have come this far.)

$1150 - 1BD/1BA Condo For Rent in Parkridge on Associated @ Rolling Hills (Fullerton, CA) (map)

2008-11-15T10:10:00.000-08:00

Foreclosures put county's HOAs in financial bind

2008-10-02T16:52:00.000-07:00

Mortgage meltdowns have cut into homeowner association budgets, prompting fee hikes and delays in repairs. Click on the title link for full article.
By JEFF COLLINS
The Orange County Register

RealtyTrac New foreclosure postings in Parkridge

2008-09-06T09:46:00.000-07:00

RealtyTrac New foreclosure postings in Parkridge

Market Value----------------- Market Value
$234,000--------------------- $254,000
Default Amount-------------- Default Amount
$220,000--------------------- $279,000
Property Address------------- Property Address
3062 Associated Rd # 1----- 3026 Associated Rd # 104
Fullerton, CA, 92835-------- Fullerton, CA, 92835

Water Off Again

2008-09-06T08:53:00.001-07:00

The water is off again. Also almost every day after 8 or so we have nothing but hot water. This is around the third time within the last couple of weeks that it has been shut off. I had no notice nor did I see any posting any where. What is going on?
#71

Perspective neighbors with questions

2008-08-18T14:26:00.000-07:00

Anonymous has left a new comment on your post "Suspicious Activity Comments Here":

my fiance' and I are looking for our first place and was wondering if any of you could shed some light on the special assessment, roofing repairs, any other concerns that we should be aware of in the community. We liked the place we saw but obviously not living there doesn't allow us to see the whole community. Thank you!

Suspicious Activity Comments Here

2008-07-25T12:30:00.000-07:00

Truck Break In

2008-07-18T08:25:00.000-07:00

Anonymous has left a new comment on your post "speed racers on motorcycles":

This is my first post because I was once a board member and did not want to use this as an outlet. However, I am no longer a board member and wish to get some stuff out to people. Last night or the night before, my three month old truck was broken in to. No other vehicle was touched and the after market stereo I installed was very stock looking. There is a select group of boys that hang out in the alley and saw me installing it. I suspect that a friend of someone who lives here might know something about the excessive damage to my truck during the theft of the stereo. I would like to see better security or cameras or something to protect our property and children.

With that said, I am sorry I failed to address this issue while I was on the board. I did not take this matter seriously until something happened to me. Please accept my apologies.

Kevin

speed racers on motorcycles

2008-07-08T09:24:00.000-07:00

Anonymous has left a new comment on your post "June 2008 Board Meeting changed to 6/17/08":

Anybody have any good ideas to get those speed racers on motorcycles to stop racings up and down our complex roads?? I know that one guy that lives with his mom in unit #1 loves to pull wheelee's and race on the southern part of the complex of which I live. I also have seen him crash his new airplane into a couple of cars. The worst one I think was when he crashed it on the hood of that white GMC Envoy. Should I just confront him and tell him to stop? Any ideas would be great. I would hate for this situation to escalate. It feels like living in lower Fullerton.

What's the deal with the assessment costs???

2008-06-14T22:19:00.001-07:00

What's the deal with the assessment costs??? Something like 10,000 per owner or something that we are expected to pay within a few months or something. I don't understand this...please does anyone understand???
#71

Neighbor looking for 2 bedroom condo to rent

2008-06-14T22:16:00.000-07:00

Do you know any body who owns a two bedroom condo here?We need a bigger place for our family to rent, and this a such a great neighborhood we don't want to move out of Park Ridge. If you happen to know some one you can contact us: johnlguerito@aol.com

Housing rehab loans available

2008-06-04T08:59:00.000-07:00

Low- and moderate-income residents may qualify for city programs.
By BARBARA GIASONE The Orange County Register

FULLERTON – Housing rehabilitation loans for residents financially strapped to fix plumbing, repair faulty wiring or add a new roof are available through the city's Housing and community Development Office.

Deferred and below-market interest rate loans are funded through the federal Housing and Urban Development Department's Community Development Block Grant Program.

Low- and moderate-income residents who qualify may receive below-market rate loans of up to $35,000. The loans carry a 6 percent or below interest rate. The maximum repayment period is 15 years.

Those unable to qualify for the below-market loans may qualify for a deferred loan, said Sylvia Chavez, housing programs assistant. Deferred loans require no monthly payments and no interest. The loans, which are reviewed every 15 years for eligibility, come due upon the sale or transfer of the home.

Senior citizen homeowners, ages 62 or older who only receive federal or state financial assistance, are allowed to bypass the bank application and apply directly for a deferred loan.

June 2008 Board Meeting changed to 6/17/08

2008-06-02T21:56:00.000-07:00

Falling house prices could be a good thing

2008-05-30T12:36:00.000-07:00

By Jack Naudi
ST. LOUIS POST-DISPATCH
05/25/2008

This column will challenge how most of you view your houses. So let me begin with the most-provocative comment: In general, I think it's a good thing that house prices are falling.

I honestly believe lower house prices will strengthen the national economy in the long term. And, much as the Great Depression helped people understand the risk of stock-market investing, I'm hopeful that what might be the worst national housing market since the Depression will force people to rethink the value of owning a house.

For decades, a hoax has been perpetrated on Americans by a greedy, or naive, residential real estate industry. It's the notion that your house is an investment, a retirement nest egg.
In addition, the real estate industry equates paper profits with actual profits. The truth is, your house is worth nothing until you sell it, which can be difficult.

And even when you do sell it, the "profit" isn't the selling price, minus the purchase price. It's the sales price, minus the purchase price, minus the broker's commission, minus household repairs and improvements, minus taxes and insurance paid. And when add it all up, you could be recording a loss, not a profit.

The absolute worst aspect of house buying is that many people can't afford the houses they buy. Sure, they qualify based on lenders' ratios. But after stretching themselves to the limit on mortgages, many house buyers don't have enough left for real investments, like stocks and bonds.

No Water Today Units 1-48 from 9AM to 6PM

2008-05-22T07:18:00.000-07:00

FOUND DOG IN PARKING LOT.

2008-05-16T13:56:00.000-07:00

FOUND DOG IN PARKING LOT.
The dog is very nice and loving. It's gray. I tried calling the number on the tag and the number from what animal control said is dead. I don't want animal control to take it because it seems in shock enough as it is. It's in really good hands, but I want to try and find the owner myself for the next few days rather than send it to the shelter where they just put him in a cage. I will post flyers around the area, but just wanted to post it on here to see if anyone knows of anyone missing a dog. Please contact 714-255-9361 if you have any questions or know anything. Thanks!

Are Owners stealing value by underfunding reserves and then selling out?

2008-05-06T11:02:00.000-07:00

Click on link in the title for entire article at the condoissues blog.

"All condominium associations face the problem of high and ever increasing costs to maintain a condominium project, including reserves. To compound the problem, a number of condominium boards cannot, or will not, make 'hard and unpopular' decisions of raising maintenance fees to meet this problem and facing any criticism.

No Hot Water Last Night May 5th!

2008-05-06T09:09:00.001-07:00

did anyone else not have hot water this afternoon & nite? does anyone know why?
unit#125

Is #47 still for Sale?

2008-04-24T10:45:00.000-07:00

Anybody know if this condo is still available?? I am very interested!
thanks.
Jason

Difficulty Financing Condos for Complexes with Unhealthy HOA Budgets

2008-04-21T10:51:00.000-07:00

Click on link above for entire article.
Fannie Mae, a dominant financing source for condominium projects, has rolled out new procedures that some lenders and mortgage brokers say could tighten up the availability of loans to condo purchasers in the coming months. Freddie Mac has issued similar new guidelines.

Under Fannie Mae's changes, most of the due-diligence research on condominium projects' key characteristics -- their legal documentation, the adequacy of condo association operating budgets, percentage of unit owners who are late on association-fee payments, percentage of space allocated to commercial use, and percentage of units owned by investors -- must now be performed upfront by loan officers.

Not only is this time-consuming and costly, but under the new procedures, Fannie Mae expects the lender to warrant the accuracy of its research. Some condo project legal documents run into the hundreds of pages of text, yet lenders are supposed to take legal and financial responsibility for their accuracy.

The LA Times Reports

2008-04-16T14:48:00.000-07:00

The median price for a Southern California home fell below $400,000, to $385,000. Homes are now typically selling for what they fetched in April 2004, with the median price 20% below the market peak of $505,000 last year. Click on title for full story.

Congratulations New Parkridge Board!

2008-04-10T12:14:00.000-07:00

Congratulations to Jim Manhart, John Norton, Kelly Thompson, Sally Watkins & Kim Wolfe on their election to the Parkridge Board of Directors. Thank you all in advance for all of the hours and dedication you donate on behalf of everyone who lives in Parkridge.

Digital TV Transition Feb 17, 2009 & the Coupon Program

2008-04-09T08:43:00.000-07:00

Click on the title link to be redirected to www.dtv2009.gov to get your free coupon

What is the digital television transition?
At midnight on February 17, 2009, all full-power television stations in the United States will stop broadcasting in analog and switch to 100% digital broadcasting. Digital broadcasting promises to provide a clearer picture and more programming options and will free up airwaves for use by emergency responders.
What is the TV Converter Box Coupon Program?
Congress created the TV Converter Box Coupon Program for households wishing to keep using their analog TV sets after February 17, 2009. The Program allows U.S. households to obtain up to two coupons, each worth $40, that can be applied toward the cost of eligible converter boxes.
A TV connected to cable, satellite or other pay TV service does not require a TV converter box from this program.

Consumers have a variety of options. Options to explore include:
Keep your existing analog TV and purchase a TV converter box. A converter box plugs into your TV and will keep it working after Feb. 17, 2009, or
Connect to cable, satellite or other pay service, or
Purchase a television with a digital tuner.

Park Ridge News-Landscape Notes

2008-04-03T10:25:00.000-07:00

Just like you, the board too has noticed the recent decline in the quality of our landscape. We noticed the very dry spots and also the very over watered spots. We noticed the water spraying our stucco and recently repaired wrought iron. We noticed the dirt covering our sidewalks. We noticed the lack of greenery and beauty.

We reviewed our contract and called on our landscaping company. Board members conducted a very thorough walk through with the sales representative and the crew manager from the landscaping company. We conducted extensive tests of the sprinklers. We discussed the greenery and foliage. We were able to point out many items that needed attention and improvement and made it quite clear to our vendor that we have been a very loyal customer for years. In other words, we told the landscaping company to step it up or be prepared to step away.

Harvest Landscape took our walk through seriously and we are pleased to announce that you should see some serious improvements in the very near future. We will be cleaning, adjusting, repairing and capping sprinklers where needed.

Look for new ground cover being planted in front of our clubhouse shortly. This ground cover is called Red Apple. We are excited about it and hope you like it too. This ground cover has a wonderful feature-it may be clipped and planted in other areas of our community as well.

The up and coming improvements are at no cost to the association. We welcome your comments and reviews. We look forward to working with our volunteers on the up and coming projects as well.

Thank you to a cohesive and active Board of Directors. Thank you to a professional, knowledgeable and involved Management Company. Thank you to the community. Your willingness to become involved and be hands-on is a breath of fresh air.

Let’s work together to renew Park Ridge!

County Tax Officials Begin Reducing Assessed Values

2008-03-24T12:28:00.000-07:00

Click on link in title above for complete Times article and link to the right for OC Tax Assessor Site

As Southland counties reassess home values, tax bills fall
Owners benefit, but already cash-strapped governments will see less-than-expected revenue. By Garrett Therolf, Los Angeles Times Staff Writer March 21, 2008

The tumbling housing market has prompted county tax officials around Southern California to begin reducing the assessed value of many houses, resulting in lower tax bills for homeowners but less-than-expected revenue for already cash-strapped governments.

The values of more than 41,000 homes have been reassessed downward so far in Los Angeles County, resulting in an average tax saving of $660. Other counties have barely begun the reassessment process but promise to get the job done before property tax bills are mailed in October.

SPECIAL ASSESSMENTS IN TRYING TIMES

2008-03-20T16:23:00.000-07:00

Click on link above for entire article @ communityassociations.net

WOW, I cannot remember more difficult times for talking to boards and members about big but necessary special assessments. The meetings these days are becoming more and more challenging when a board has to face the membership to talk about how to raise multi-thousand dollar per unit assessments for repair work, it is not fun. But truth be told, if the Board does not tell the membership about a looming big problem, it will probably snowball down the hill into a much bigger problem ... so don't shoot the messenger.

Many thanks to those who attended the March 12 HOA meeting

2008-03-16T13:45:00.000-07:00

Many thanks to those who attended the March 12 HOA meeting. It really does take a strong community to make things happen, and by the strength of the meeting on Wednesday night, I’d say that we’re doing pretty darn good!

For those of you who did attend the meeting, you had a chance to meet all five candidates on The Park Ridge Five’s slate-Kelly Thompson, Kim Wolfe, Sally Watkins, John Norton and Jim Manhart. Five out of the eight candidates running for the Board of Directors seats were present at the open session portion of the meeting.

Please know that we are five people who care about our community and want to see our investment flourish. Come talk to us if you happen to see us walking around the complex. We are happy to tell you the ideas we have for the community and how we propose to make these things happen around Park Ridge.

Please also know that change can only come if you VOTE. Please follow all directions exactly for filling out your ballot and either mail it in or walk it in to the April 9th meeting. The vote will not become official if we do not have fifty-one percent of the owners submitting ballots! Please submit your ballot!

Thanks a bunch!

***Kim Wolfe for the slate of The Park Ridge Five***

ANTI-FORECLOSURE WEBSITE IS THREATENED WITH FORECLOSURE

2008-03-14T12:42:00.000-07:00

AHRC.com at risk of shut down by powerful realty interests
by Danny Schechter
Website: Media Channel.org
Mediachannel.org appeals to its readers and the independent media community to publicize this issue, appeal to the local press to cover it and to civil liberties groups to defend them. This is an issue of economic justice and free expression in the context of a national foreclosure crisis. A California website representing homeowners fighting against foreclosures and arbitrary actions by Homeowner Associations is at risk of being shut down in the same way that a muckraking whistle blower site, Wikileaks.org was removed from the internet by a California Judge until a public clamor forced him to reverse himself.

Kelly Thompson Answers Questions

2008-03-12T08:25:00.001-07:00

My name is Kelly Thompson. I would like to take a few minutes of your time to respond to what I feel is a very important and legitimate question.

Why does the name Kelly Thompson appear on two very different documents coming from two very different points of view?

Firstly I would like to set the record straight that I am running on the team with Kim Wolfe, Sally Watkins, John Norton, Jim Manhart and me, Kelly Thompson.

Secondly, Rene Fernandez sent out his letter to the community and condo owners without even so much as mentioning it to me let alone asking me if I would like to run with him. I would also like to point out that not only was I not asked for my permission but I did not even receive the document. A neighbor brought it to my attention. I was stunned, shocked and angry.

I called Rene Fernandez to inquire as to why this occurred. I had to leave a message. To date I have not heard from him. That was two days ago.

For the record Jim Manhart was as shocked as I was. Jim and I have sat on a board with Rene in the past and we soon found out that sitting next to Rene on the board was not possible but rather we had to sit underneath him. I suspect that Rene’s motive in adding our names to his list was this-If we were elected along side the three other men we may have chosen not to accept. For the record if three board members are present a board meeting may still take place. I think you can figure out the direction I am going with this.

I have lived in Parkridge for 8 years and I have served on the board for nearly half of those years. After last years election I took a break but mid stream was asked to rejoin. I am a proud owner. I respect the value of my investment and I want to look out for the best interest of the community and other investors that share my pride. I do believe in following rules. I urge all to contact property management and get a copy of the rules. The rules are in place so as not to tell us what to do but rather to keep our property value high. Trust me when I tell you that I am reasonable and intelligent. I am quite sure that my attention needs to be on the re-pipe project which will be in the hundreds of thousands of dollars and not focused on a 50.00 fine for a towel draped over a wall.

I believe in community involvement and neighborly interaction. I believe in sound financial decisions and investments.

I hope that I have answered some of the questions and cleared up some of the confusion. I will be campaigning in the neighborhood and I will be available for questions any time.

Respectfully
Kelly Thompson

Answer to questin "who is qualified" below

2008-03-09T20:02:00.000-07:00

Anonymous has left a new comment on your post "Special Assessment":

Someone posed a comment on this blog asking who was qualified to be elected to this board. I am here to tell you that there are five people who I think need to be elected to this board without a shadow of a doubt to keep the good momentum going from the 2007-2008 year. Without these five people being elected, action will halt around this complex and we will go back to nothing being done.
The five people running for Park Ridge Board of Directors that need to be elected are (in order listed on the ballot): Kelly Thompson, Kim Wolfe, Sally Watkins, John L. Norton and Jim Manhart. Why, you ask?
1. We are always open to listening to the residents of Park Ridge. We won’t tell you when you approach us that you need to fill out a communication form and quit speaking to you. Of course, you still need to fill out a communication form if you want action to be taken, but feel free to talk to us! We are neighbors!
2. We are an action-oriented group. As a group, we have done many things for Park Ridge, including painting the laundry room, cleaning up the exercise room, cleaning up graffiti and doing minor repairs around the complex. Look on this blog and you will see our pictures from two community based activities.
3. We bring over fifty years of experience together in the areas of administration, real estate, construction, communications and technical knowledge. Who wouldn’t want that type of knowledge and experience on our board?!
4. We are homeowners who care about our investment. Just like you, we are homeowners who care about our investment and want to see it get top dollar when we sell. You will get that top dollar with us because we will get out there and do the hard work necessary to make this place shine.

We, Kelly Thompson, Kim Wolfe, Sally Watkins, John L. Norton and Jim Manhart ask for your votes to get action done around this community. Please be sure to stop and talk to us with any questions you may have about the recent mailings that have gone out to you. We are happy to answer any questions you may have.

Kim Wolfe for the slate of the Park Ridge Five

Special Assessment

2008-02-26T10:48:00.000-08:00

Anonymous said...
Vote On a Special Assessment????

I just received my newsletter this AM and I noticed we are going to be asked to vote on a Special Assessment. This has never happened before at Parkridge. In the past, we always just got the bill.

Does anyone know why this is happening ?? Are they going to ask for a million bucks per unit or are they going to do something else stupid like the clubhouse re-pipe, which still isn't done by the way, over two years after it began. There is still missing tile in the ladys room and no baseboard in the laundryroom.

In spite of the fact I can't see anyone being stupid enogh to vote for a higher monthly bill, ther's always a possibility that there's a good reason. If someone could shed some light on this, I'm sure I'm not the only one who would appreciate it.

#47 Reduced to $190,000 on Feb 21st after Feb 19th reduction to $217,000 - 1 Bed 1 Bath Parkridge Price Reduced to $225,000

2008-02-14T14:25:00.000-08:00

That is under $300 per sq ft at $271 and now down 22% from just 2 months ago. Feb 19, 2007 was down 11% from December listing price. Feb 14, 2007 was down 7% from the December listing price of $243,000.

Plumbing Question?

2008-02-07T10:49:00.000-08:00

#64 has left a new comment - I need to replace the water shut off valves in my unit. Does anyone have a recommendation for or against any of the plumbing companies listed?

Recent Parkridge Sales

2008-01-21T14:46:00.000-08:00

#45 "Sold" 1 bed/1 bath; 10/24/07 @ $299,900

#105 "Sold" 2 bed/2 bath; 1/4/08 @ $305,000

Someone sent this comment to the previous post. It's interesting and I'll assume it's accurate as the comment was not signed.

1 Bedroom Parkridge Condo For $229,000 ($327 per sq ft)

2008-01-15T09:58:00.001-08:00

#47 For Sale - Reduced to $229,000 on 1/15/08 after being reduced to $235,000 ($1,000 under #25) on 1/7/2008 & initially $243,000 1b/1b on 12/18/07- Now $7,000 below #25 and down 22% from September 2007 listing price for #25.

New Bankruptcy Laws Spur Foreclosures

2008-01-15T08:40:00.000-08:00

Almost 30 years have passed since the Bankruptcy Reform Act of 1978, a time when mortgages typically had a fixed-rate and unchanging monthly costs. Back then — and until 2005 — if you ran into financial trouble bankruptcy provided a way out and a fresh start.

But in 2005 declaring bankruptcy — something that was never simple, easy or pleasant to begin with — became far tougher. Under the Bankruptcy Abuse Prevention and Consumer Protection Act creditors suddenly had new protections — and borrowers didn't.

What changed? Effective October 17, 2005 most student loans can no longer be discharged. If your income exceeds the state medium you can be forced to file under Chapter 13 (a repayment program) and not Chapter 7 (a discharge and forgiveness plan). Credit debt is not forgiven if you spend at least $500 in the 60 days prior to seeking bankruptcy protection -- say a cash advance to pay off a looming mortgage payment.

Perhaps most importantly for mortgage borrowers, the 2005 legislation says homeowners must obtain credit counseling and develop a budget analysis in the 180-day period before filing for bankruptcy.

Click on link for full article

Nancy Martin Employee of the Year!

2008-01-03T13:02:00.000-08:00

Congratulations to our own Nancy Martin for being named CMS employee of the year for 2007! Personally, she has been very responsive and proactive for me and neighbors I talk to. She puts other recent Parkridge property managers and management companys to shame! Your Blogger, Howard

Defaults moving beyond sub-prime

2007-12-28T16:24:00.000-08:00

Click on title link above for full LA Times article by E. Scott Reckard, Los Angeles Times Staff Writer

Joan Olsen, a retired welfare worker, fears she’ll join the ranks of the delinquent. She said she didn’t fully understand the loan terms when she refinanced her San Diego condominium 15 months ago with an option ARM. “I have no one but myself to blame for signing off on something I didn’t understand.”
Delinquencies among holders of risky option ARMs are increasing as their minimum payments climb.

Thought the mortgage meltdown was just a sub-prime affair? Think again. There's another time bomb waiting to explode, experts say: risky loans made to people with good credit.

So-called pay-option adjustable-rate mortgages, or option ARMs, were the easiest and most profitable home loans for lenders and brokers to make for much of this decade. Last year, they accounted for about 9% of the volume of all mortgages made in the U.S. and were especially popular in California, Florida and Nevada -- states where home prices rose the most during the housing boom and are now falling most sharply.

Fence Painting Project

2007-12-26T14:18:00.000-08:00

Please, Please someone tell me that the fence has some kind of primer only....because it sure does look pink to me! anyone know if thats the final color?
thanks,
#125

New year looks to be good for buying a home

2007-12-26T13:07:00.000-08:00

Let's dub 2008 the "Year of the Home Buying Opportunity."

That's my glass-half-full take on what's going to happen with the residential real estate market.

But the extent of the opportunity will materialize over time.

Perhaps market tracker DataQuick Information Systems and the California Association of Realtors provided a glimpse last week with sales and price statistics for November.

DataQuick noted that the median price across the Southern California region stretching from Ventura to San Diego fell a record 10.3 percent from a year earlier, to $435,000. (DataQuick's stats include new and previously owned houses and condominiums.)

The price drop was bigger - 12percent across California and in Los Angeles County - in the state association's report, which focused just on previously owned single-family houses.

Both reports noted that prices have dropped to early 2005 levels.

Robert Kleinhenz, the association's deputy chief economist, recalled that during the market slump of the 1990s, the biggest price decline statewide was 7.2 percent in May 1993.

Los Angeles County's biggest drop was 11.6 percent in March 1993.

Price drops back then for the state generally didn't exceed 5percent annually, he noted.

Parkridge For Sale Prices Drop

2007-11-19T14:40:00.000-08:00

Both #25 and #102 have reduced their asking prices again. #25 is now listed for $260,000 and #102 is listed at $314,500. Below is some of the language on the listing at Realtor.com.

Move up to this listing and I'll buy yours for CASH! This home is also protected by the ONLY real Buyer Protection program around. If you are not satisfied with the purchase of your home within 12 months we'll buy it back. Call Listing Agent for details. (800)765-3150 x111 ********** They say buy the worst home in the best neighborhood. Well, this condo is a great home in a great neighborhood at a rock bottom price. Room to negotiate. If you're a buyer looking to get a great deal on a home in the current market, join our Foreclosure Buyers Club for access to all the best listings that even other agents don't have access to. (800)765-3150 x112 .

Santa Ana, Anaheim top O.C. in distressed homes for sale

2007-11-06T14:55:00.000-08:00

Santa Ana, Anaheim top O.C. in distressed homes for sale
November 5th, 2007 · 129 Comments · posted by Jon Lansner of the O.C. Register
Market watcher Steve Thomas at Re/Max Real Estate Services in Aliso Viejo has a new stat out: foreclosures and short sales listed for sale — what I’m calling distressed properties — as a share of total for-sale inventory by major O.C. communities. Short sales are where the bank agrees with a troubled borrower to take less than the loan amount due at sale.

The report (derived from MLS listings) shows that as of last Thursday, Santa Ana’s home inventory had the highest share of distressed properties in O.C. at 32.8%, just ahead of Anaheim at 32.6%. While we’ve discussed mid-county housing woes before, it’s noteworthy that the next two communities with high levels of distressed property for sale were Rancho Santa Margarita (31.3%) and Lake Forest (29.8%.) Read how beach towns fared HERE.

Overall, Thomas found 17.5% of all O.C. inventory was of the distressed variety. Here’s a look at the distressed property count and share of inventory by key O.C. neighborhoods ….

How did the laundry room really get painted? Here is the story:

2007-10-23T08:39:00.000-07:00

How did the laundry room really get painted? Here is the story: The team came together when Kirsten asked Sally (current Board member) if the laundry room can be painted. Since our association is low on funds, Sally said it would have to be done by volunteers and Kirsten immediately said she would help. Another resident present at that time volunteered too. Sally brought it to the Board and the suggestion was well received and all members assisted in the event. Thus, Sally created the "ParkRidge Community Volunteer Team". Please review the posted pictures (thanks Howard) and meet the team who made it happen: Lee and her husband Jimmy, Kim, Kelly, Sally, Deanne, John, and Josh were present and Kevin helped behind the scenes. There is still a couple of things to be completed in the laundry room and must be reviewed by the Board. But thanks to volunteers, the painting part only cost the HOA $173.10 for paint and supplies, thus far.

How can you be a part of the “ParkRidge Community Volunteer Team” you might ask? Attend the meetings and advise the Board or contact our property manager, Nancy Martin, and she can get your information to the Board. Many hands make light work and saves lots of money too!

It needs to be clarified at this time that it is the current Board who is making things happen around here. Rene voluntarily quit the Board some months ago and has not had anything to do with what is currently happening. Sally was voted in, in August, and Kelly has agreed to rejoin effective this October. Therefore, the current Board consists of Lee, Kevin, Kim, Sally, and Kelly. Since August you have seen the start of the trees trimmed, the sidewalks repaired, sewer lines cleaned, water regulators installed on the boilers, minor repairs to a block wall, and slab leaks repaired.

Keep up the good work Board and thanks to ALL volunteers who help make our community a nice place to live.

Deanne #59

Anonymous Comment

2007-10-18T09:16:00.000-07:00

Anonymous said...
I noticed the notice posted on the clubhouse this AM. Glad to see Rene and the Board are finally getting this project done. The clubhouse has been left unfinished for far too long. Good for them!!

Property Tax Reassessment?

2007-10-05T10:10:00.001-07:00

Is anyone familiar with the process to have your property tax reassessed?
Your Blogger

#105 2 Bed/2 Bath listed this week for $319,900

2007-10-05T09:40:00.001-07:00

We are getting close to the $200,000's for 2 bedrooms at Parkridge!

New-Home Sales, Prices Plunge

2007-09-27T15:04:00.000-07:00

WASHINGTON (Dow Jones) -- New-home sales resumed falling in August, sinking to the lowest level in seven years, and prices tumbled, signaling the housing sector will remain a drag on the U.S. economy.
The median estimate of 26 economists surveyed by Dow Jones Newswires was a 4.6% decline in August sales to an 830,000 annual rate. The level of 795,000 was the lowest since 793,000 in June 2000.
Year-to-year, new-home sales were 21.2% lower than the level in August 2006.

Garage Break Ins?

2007-09-26T12:01:00.000-07:00

The Newsletter only mentioned multiple garage break ins. Were they all the same night? Were the garages locked? What types of things were taken? When I return to Parkridge at unusual times I often take a loop around the complex to see that things are as they should be. Let's all be on the look out.

Issues with their garage door opener?

2007-09-21T09:22:00.000-07:00

Is anyone else having issues with their garage door opener? Mine was working fine, I went on vacation, when I returned it no longer worked. Apparently there was some eletrical issues with some of the garages. It appears that during the repairs, the circuit was overloaded and burned out the motor of the garage door opener. I know at least 4 other units have the same problem, I was just wondering if the problem is localized.

No Hot Water in 3000 Building 9/18-9/19

2007-09-19T05:46:00.000-07:00

There was no hot water in my part of the 3000 building last night or this morning. Anyone know what's going on? Howard

Water Seeping Up Into Driveway?

2007-09-14T08:16:00.000-07:00

Does anyone know what's going on with the water that looks like its coming up out of the asphalt in the driveway area in front of the clubhouse?