Based on the way the first bill came from the new management company, it was due on March 1st for the month of March, yet I still had a balance due w/ diversified at the end of February as well. Has anyone else experienced this? Was diversified billing for the prior month while the new mgmt. company is billing for the month in advance?
Greg, unit 86
Wednesday, March 07, 2007
Monday, February 26, 2007
the only way for things to be changed
Anonymous said...
It appears that there are 6 candidates for the Board elections. For all those that haven't liked the way things have been this past year, please cast your votes for the 5 canidates running against Rene. Getting him out is the only way for things to be changed.
It appears that there are 6 candidates for the Board elections. For all those that haven't liked the way things have been this past year, please cast your votes for the 5 canidates running against Rene. Getting him out is the only way for things to be changed.
ATTENTION MR. DAVID FABRIZIO:
Anonymous said...
ATTENTION MR. DAVID FABRIZIO:
We got our ballot today and saw your name on it but don't know anything about you. And since you're the only one who's not already on the board, we would love to know who you are, what your qualifications are and why you are interested in being on the board. We're excited about the prospect of a new person and a fresh perspective and would love to hear from you!
ATTENTION MR. DAVID FABRIZIO:
We got our ballot today and saw your name on it but don't know anything about you. And since you're the only one who's not already on the board, we would love to know who you are, what your qualifications are and why you are interested in being on the board. We're excited about the prospect of a new person and a fresh perspective and would love to hear from you!
Tuesday, February 20, 2007
Thank You Kelly!
I also wish to commend Kelly for her dedication to the community by staying on the board when she knew fully well the kind of man Rene F was and the sort of "leadership" he would provide.
Being on the board used to mean a group of residents volunteering their time and efforts in service to the community. How we've gotten so far away from that so fast is beyond my comprehension. I don't know who all the original writer talked to in making his decision not to become a board member, but I'm sure he realized that concepts like teamwork and community service are impossible under the current regime.
The original writer mentioned the "slab leak remediation project" on the clubhouse and the cost. Is it a coincidence that Rene Fernandez threw a 40th birthday party for himself in the clubhouse two weeks after the majority of the work was done?? By the way, the clubhouse is still not done. There remains some tile work and painting that needs to be done, four months after the work began !!! I guess it's not so urgent anymore now that his birthday party is over. If he actually spent all that money on the plumbing, dance floor replacement, and carpet cleaning just to impress his family and friends for a lousy birthday party, shame on him.
But, like I mentioned in previous blogs, unless at least six or seven residents are formally willing to go up against him on the ballot, Parkridge is his.
Todd in 122
PS. I haven't heard the term "cancer sticks" since about 1967
Being on the board used to mean a group of residents volunteering their time and efforts in service to the community. How we've gotten so far away from that so fast is beyond my comprehension. I don't know who all the original writer talked to in making his decision not to become a board member, but I'm sure he realized that concepts like teamwork and community service are impossible under the current regime.
The original writer mentioned the "slab leak remediation project" on the clubhouse and the cost. Is it a coincidence that Rene Fernandez threw a 40th birthday party for himself in the clubhouse two weeks after the majority of the work was done?? By the way, the clubhouse is still not done. There remains some tile work and painting that needs to be done, four months after the work began !!! I guess it's not so urgent anymore now that his birthday party is over. If he actually spent all that money on the plumbing, dance floor replacement, and carpet cleaning just to impress his family and friends for a lousy birthday party, shame on him.
But, like I mentioned in previous blogs, unless at least six or seven residents are formally willing to go up against him on the ballot, Parkridge is his.
Todd in 122
PS. I haven't heard the term "cancer sticks" since about 1967
Saturday, February 17, 2007
Board Volunteer?
Anonymous has left a new comment on your post "Water Shut Off Today for #3000 Building":
Who Wants To Be On the Board
When I got the "Call for Volunteers" message, I thought I might go ahead and volunteer to be on the ballot to become a board member. I have a BS in Accounting, and I thought that maybe I could make a positive contribution to this community.
Before I did, I made a few calls to Diversified's team and spoke with a few long term residents here as well as 2 former board members. I wanted to look before I leap, in other words.
What I discovered was shocking. Not one person, not one, had anything positive to say about the current Board, or it's president, Rene Fernandez. The common thread that ran between all of the talks was that there was not one aspect of the management and administration of Parkridge that is better today than it was a year ago. I could go on for ages about issues like rule enforcement, the pros and cons (mostly cons) of the "communication form" and such, but I thought that most of that was subjective at best and petty personal opinions at worst.
In terms of money and financial matters, which is my area of expertise and has a direct effect on all of us and provides an objective method to evaluate the Board, the "previous" HOA Board had around $100,000 in reserves and operating accounts at the end of last fiscal year, March 2006. That's not fantastic, but it's not too bad either. At the end of the month in January 2007 the "current" HOA Board had around $35,000. This is NOT good.
Now I understand that we had the laundryroom/meeting building re-piped which cost over $32,000 between Pro-Serv and the drywall guy, and I assume that's where half the differnce in reserves went to. The problem is that it is the duty and responsibility of the Board to replenish the reserves when it becomes necessary and the leadership of the current Board has not shown any inclination to do so.
If we need to raise the monthly assessment or have a one-time special assessment or soem combination of the two to do so, then that is clearly what needs to happen. The comment that was made by one of Diversified's staff was that it looked like Mr. Fernandez was going to drain it dry and then quit. Again, I thought that was a personal opinion, but now I'm not so sure.
As I mentioned earlier, I could write reams of criticisms about the current HOA Board of Directors, but for now, I'm afraid I'm just going to deal myself out of the running to become a Board member. By the way, as of last week, only 3 owners have expressed an interest in remaining or becoming Board members.
B.S.S.
Who Wants To Be On the Board
When I got the "Call for Volunteers" message, I thought I might go ahead and volunteer to be on the ballot to become a board member. I have a BS in Accounting, and I thought that maybe I could make a positive contribution to this community.
Before I did, I made a few calls to Diversified's team and spoke with a few long term residents here as well as 2 former board members. I wanted to look before I leap, in other words.
What I discovered was shocking. Not one person, not one, had anything positive to say about the current Board, or it's president, Rene Fernandez. The common thread that ran between all of the talks was that there was not one aspect of the management and administration of Parkridge that is better today than it was a year ago. I could go on for ages about issues like rule enforcement, the pros and cons (mostly cons) of the "communication form" and such, but I thought that most of that was subjective at best and petty personal opinions at worst.
In terms of money and financial matters, which is my area of expertise and has a direct effect on all of us and provides an objective method to evaluate the Board, the "previous" HOA Board had around $100,000 in reserves and operating accounts at the end of last fiscal year, March 2006. That's not fantastic, but it's not too bad either. At the end of the month in January 2007 the "current" HOA Board had around $35,000. This is NOT good.
Now I understand that we had the laundryroom/meeting building re-piped which cost over $32,000 between Pro-Serv and the drywall guy, and I assume that's where half the differnce in reserves went to. The problem is that it is the duty and responsibility of the Board to replenish the reserves when it becomes necessary and the leadership of the current Board has not shown any inclination to do so.
If we need to raise the monthly assessment or have a one-time special assessment or soem combination of the two to do so, then that is clearly what needs to happen. The comment that was made by one of Diversified's staff was that it looked like Mr. Fernandez was going to drain it dry and then quit. Again, I thought that was a personal opinion, but now I'm not so sure.
As I mentioned earlier, I could write reams of criticisms about the current HOA Board of Directors, but for now, I'm afraid I'm just going to deal myself out of the running to become a Board member. By the way, as of last week, only 3 owners have expressed an interest in remaining or becoming Board members.
B.S.S.
Friday, February 16, 2007
Water Shut Off Today for #3000 Building
There is a sign at the mail boxes announcing a shut off today. The 3000 building will be down from 10am to 1pm for pipe repair.
Sunday, February 04, 2007
Wow, that was a cold shower!
Does anyone know what the story is with our water in the 3000 building today...Sunday Feb 4th?
Friday, January 26, 2007
Replacing the water mixing cartridges in the shower valves
Just wondered if anyone else read the article about replacing the water mixing cartridges in the shower valves in the Home Section of the OC Register last Saturday. It was a very good explanation of how one bad mixing valve can screw up a whole plumbing system's hot water. And that was in a single family home with just two baths and a kitchen.
It was what the Boards, both old and new, have been preaching for years now. So if you haven't changed yours yet, and you don't like the quality of your hot water, get it replaced.
Todd in 122
It was what the Boards, both old and new, have been preaching for years now. So if you haven't changed yours yet, and you don't like the quality of your hot water, get it replaced.
Todd in 122
Thursday, January 25, 2007
U.S. Home Foreclosures Up 42% in 2006
WASHINGTON, Jan 25 (Reuters) - The number of homes in the United States foreclosed by lenders rose 42 percent in 2006 from a year earlier in a sign that many homeowners have became overextended in mortgage debt, a real estate information service reported on Thursday.
More than 1.2 million foreclosure filings were reported nationwide during 2006, which is a rate of one foreclosure filing for every 92 households, according to RealtyTrac, Inc.
The jump in foreclosures last year marks a return to normal levels as the housing market cools from multiyear highs of sales and appreciation, the company said.
Recent homeowners who believed the housing market would continue its break-neck pace or used flexible mortgages to make a purchase may be feeling a sting, the company said.
As much as $1.5 trillion in adjustable-rate mortgages are due to have their rates reset this year, according to the Mortgage Bankers Association. Many recent homeowners are already struggling to make those higher payments and are drifting toward loan default and foreclosure, said James Saccacio, chief executive officer of RealtyTrac.
"As more and more of these loans re-set, we saw a surge to finish the year, with the fourth quarter producing more foreclosure filings than any of the three previous quarters," Saccacio said.
While the increase in foreclosures could add to a glut in housing stock "most local markets have been able to re-absorb foreclosure homes without seeing any major damage to the local economy," Saccacio said.
Colorado, Georgia and Nevada saw the highest foreclosure rates, the study found.
© Reuters 2007. All Rights Reserved.
More than 1.2 million foreclosure filings were reported nationwide during 2006, which is a rate of one foreclosure filing for every 92 households, according to RealtyTrac, Inc.
The jump in foreclosures last year marks a return to normal levels as the housing market cools from multiyear highs of sales and appreciation, the company said.
Recent homeowners who believed the housing market would continue its break-neck pace or used flexible mortgages to make a purchase may be feeling a sting, the company said.
As much as $1.5 trillion in adjustable-rate mortgages are due to have their rates reset this year, according to the Mortgage Bankers Association. Many recent homeowners are already struggling to make those higher payments and are drifting toward loan default and foreclosure, said James Saccacio, chief executive officer of RealtyTrac.
"As more and more of these loans re-set, we saw a surge to finish the year, with the fourth quarter producing more foreclosure filings than any of the three previous quarters," Saccacio said.
While the increase in foreclosures could add to a glut in housing stock "most local markets have been able to re-absorb foreclosure homes without seeing any major damage to the local economy," Saccacio said.
Colorado, Georgia and Nevada saw the highest foreclosure rates, the study found.
© Reuters 2007. All Rights Reserved.
Saturday, January 20, 2007
No More Anonymous Comments
Let's try it neighbors. Todd in #122 is right and we've been disrespectful at best recently. From now on sign at least your first name to your comments. Your Blogger (Howard)
Above in response to what Todd in #122 Wrote...
To Parkridge Blogger: I think the intent of the person who wrote the original "I like my investment..... more than blogging" was to identify or prohibit individuals like the one who wrote the above comment from making comments like that. Or at least make them have a second thoughts about writing stuff like that. If someone who was considering buying a unit here, they would surely have second thoughts about moving in after reading something like that, (or at least make sure I wasn't going to move next door to them). I have to admit most of my comments have been on the opinionated side and I haven't always spoken kindly, approvingly, or enthusiatically about everthing that goes on at Parkridge, but at least I sign my name to my comments. I know you have disagreed with this in the past, but I think you should require people to sign their comments as soon as another persons' name gets mentioned. Since you've put this blog up, no ones ever come to my unit, vandalized my property, or got in my face over stuff I've written. It's just not that big a deal. I know the purpose of this blog was to create a place for residents to vent, or provide information, or disagree with the policies of the new board, but, I think that you have to agree that there is nothing in the comments preceding the one above that warrants a response like that. Todd in 122 P.S. I'm voting for you in the next election, too.
Above in response to what Todd in #122 Wrote...
To Parkridge Blogger: I think the intent of the person who wrote the original "I like my investment..... more than blogging" was to identify or prohibit individuals like the one who wrote the above comment from making comments like that. Or at least make them have a second thoughts about writing stuff like that. If someone who was considering buying a unit here, they would surely have second thoughts about moving in after reading something like that, (or at least make sure I wasn't going to move next door to them). I have to admit most of my comments have been on the opinionated side and I haven't always spoken kindly, approvingly, or enthusiatically about everthing that goes on at Parkridge, but at least I sign my name to my comments. I know you have disagreed with this in the past, but I think you should require people to sign their comments as soon as another persons' name gets mentioned. Since you've put this blog up, no ones ever come to my unit, vandalized my property, or got in my face over stuff I've written. It's just not that big a deal. I know the purpose of this blog was to create a place for residents to vent, or provide information, or disagree with the policies of the new board, but, I think that you have to agree that there is nothing in the comments preceding the one above that warrants a response like that. Todd in 122 P.S. I'm voting for you in the next election, too.
Thursday, January 11, 2007
I LIKE MY INVESTMENT OF MY HOME A LITTLE BIT MORE THAN BLOGGING
Anonymous has left a new comment on your post "Diversified Gives Parkridge 60 Days Notice":
I want to propose an idea to the person who oversees this blog. I am a homeowner here. Not a board member. Just a homeowner who likes her investment. I also enjoy blogging. However, I LIKE MY INVESTMENT OF MY HOME A LITTLE BIT MORE THAN BLOGGING. I want to see the value of my investment appreciate and am afraid with all the drama that is on here that people who are potential buyers will do some research and find this blog and think, "Oh God. I won't buy there!" Granted, this blog does provide good information. I am thankful that the person who had her identity stolen informed us all of her pain. If we do get an outgoing mailbox here, I will never put mail in that thing. However, folks, let's think about this logically. We want to sell our investment here one day. We want to sell it for more money than we paid for it. It doesn't help us that we have a blog open for public view then! My solution would be this, fearless blogger. Those who want to read this blog would have to sign up for it. I think that blogspot does have a way to do that. That way, we can complain all we want, but with some sense of knowing that we're doing the best we can to protect our investment without violating our free speech rights. Before you all begin complaining, think about it for a second. I know it's not a perfect solution, but at least it's something-something to help us get better value in the long run for owning a condo in Park Ridge. I hope this comment sees the light of day.
I want to propose an idea to the person who oversees this blog. I am a homeowner here. Not a board member. Just a homeowner who likes her investment. I also enjoy blogging. However, I LIKE MY INVESTMENT OF MY HOME A LITTLE BIT MORE THAN BLOGGING. I want to see the value of my investment appreciate and am afraid with all the drama that is on here that people who are potential buyers will do some research and find this blog and think, "Oh God. I won't buy there!" Granted, this blog does provide good information. I am thankful that the person who had her identity stolen informed us all of her pain. If we do get an outgoing mailbox here, I will never put mail in that thing. However, folks, let's think about this logically. We want to sell our investment here one day. We want to sell it for more money than we paid for it. It doesn't help us that we have a blog open for public view then! My solution would be this, fearless blogger. Those who want to read this blog would have to sign up for it. I think that blogspot does have a way to do that. That way, we can complain all we want, but with some sense of knowing that we're doing the best we can to protect our investment without violating our free speech rights. Before you all begin complaining, think about it for a second. I know it's not a perfect solution, but at least it's something-something to help us get better value in the long run for owning a condo in Park Ridge. I hope this comment sees the light of day.
Diversified Gives Parkridge 60 Days Notice
Anonymous said...
Information update, in the board meeting that was held at the clubhouse on 1-10-07 Diversified owner stood up and said his company will no longer manage our property. I know he gave some letters to the board and said they have 60 days notice to take over or find another company to take it. What will this place turn into with no one to pay our bills and what not? I think they had enough of the complaints about problems as home owners we should take care of on our own. Or was it too much of Rene and his accountability sheets? Either way they are gone.
10:58 AM
Information update, in the board meeting that was held at the clubhouse on 1-10-07 Diversified owner stood up and said his company will no longer manage our property. I know he gave some letters to the board and said they have 60 days notice to take over or find another company to take it. What will this place turn into with no one to pay our bills and what not? I think they had enough of the complaints about problems as home owners we should take care of on our own. Or was it too much of Rene and his accountability sheets? Either way they are gone.
10:58 AM
Tuesday, January 02, 2007
Rogie Arellano - New Diversified Manager
Our new property manager from Diversified Real Property Management is Mr. Rogie Arellano. His email is rogie@diversifiedrealpropertymgmt.com.
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.
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
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.
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.
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.
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.
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.”
“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=
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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