jerry said:Wow...... Good HOA......Crooked little town by the sea strikes again....
jerry said:Home many more of those time bombs out there?
El Tiburon said:Why is the an HOA issue? Any HOA where I have lived only seems to worry about whether the landscaping is done properly and no junk cars are parked in visible areas.
El Tiburon said:You are giving the HOA powers it was never meant to have. I checked with a friend who owns there. That dispute had been going on for some time. It was common knowledge. The HOA encouraged people to get their trusts in order several times over the past couple of years in the newsletters they send out. There is no HOA representative present at a real estate closing. If she purchased through a realtor I would go after them as I would think they would share the responsibility for not fully disclosing as they either had to know or should have known. I'm told the members of Pelican Partners are wealthy Seattle business people. You would think they would step up and do the right thing.
Terry C said:Hot Topic on Facebook Realtors
playaperro said:Do you have to be member of FB Realtors & need the link?.
jerry said:The bad thing is none of them are being helpful...just calling her an idiot if they are not just pretending it didn't happen
playaperro said:I read that this morning, the realtors pushing ampi, come on pay the notario and get it done right.
Roberto said:Anyone know what the actual timetable of events was. 1. Date she paid for the condo. 2. Date legal proceedings actually started.
this info from Maricopa county. if you do a search on the party names you will find lots from sonoran courts.Roberto said:Anyone know what the actual timetable of events was. 1. Date she paid for the condo. 2. Date legal proceedings actually started.
jerry said:"Peckenpaugh says another case between Beck Group, Pelican Partners and a third party may result in 11 other homeowners in Bella Sirena losing their condos."
Think about all those people waiting for their paperwork at Laguna...
The HOA Board really looks bad it this thing....they had to know...met a guy that was member a few years ago (Chittwood I think). Like to hear him explain how this little bombshell was not in one of hoa's nice little newsletters...
El Gato said:The following was part of the Bella Sirena Oct 2012 Quarterly newsletter. There were other references in President's letters, etc., as to the need to check trusts/paperwork.
Check Your Bank Trust Status!
In recent months, it has come to light that several owners at Bella Sirena have a complication with the status of
their bank trusts, and owners are now being urged to check their status to avoid unnecessary complications and
legal issues.
Some might say, “I have proof I paid for my condo” or “I have my bank trust”, but neither of these statements
guarantees you will not run into a problem if the condo you purchased was never removed from the Master
Trust.
When a property has not been removed from the Master Trust and the developer has judgments or liens, those
seeking recompense petition the Court to allow property in the Trust to be foreclosed upon and sold at auction
to satisfy the debt. Proof of having paid for your condo will be of little satisfaction if you find out you’re in this
situation after your condo has a ‘new owner’.
If you find that your condo is one of those affected, there is an expense and a bit of time involved in clearing it
up, but that time and expense is much less that it would be if you wait until it’s too late.
Finding out whether your property has been removed from the Trust is relatively simple. Those who do have a
problem must solicit the Court to become part of the existing lawsuit (this is because no one who is not a party
to a lawsuit can get information about the status of that suit). Once part of the lawsuit, owners can simply
prove to the Court that they purchased and paid for the condo, and the Court then issues an order removing
the condo in question. After this, you must go to the Public Registry office and make sure the change has been
recorded. According to Ruben Robles Beltran for $62 pesos ($5.00 USD approximately), owners can check at
the Public Registry to make sure their properties are recorded and receive a 'Certificate of No Lien.'
Remember, the Court with jurisdiction over the lawsuit has no idea which condos should have been removed. It
is the responsibility of individual owners to research this and prevent a bad situation becoming much, much,
worse.
Lic. Lucas Sotelo was born and raised in Puerto Peñasco and has just been named Judicial Coordinator for the
city.