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Beware of HOA Payment Plan! 
          
 1,425% Markup - Big Corporate Business for HOA Non-Judicial Foreclosures 
ON THE COMMONS with Shu Bartholomew – Dr. Evan McKenzie interview on Privatized HOA Governments & New Book

Billions for Home Builder Corporate Welfare from Washington 
 New York Times, by Gretchen Morgenson
 
* Read and Post Remarks in The Huffington Post 
American Banking News: Tax Breaks Worth Billions to Big Business
* Related Articles:  NY Times: Building Flawed American Dreams 
* Rise and Fall of Predatory Lending and Housing
* Builders rake in refunds * See Forbes Magazine Article
Pulte-Centex $900 MILLON Grant Questioned

Bad County Plan - Homeowners Pay $7,731 for Bad Street by Obra/Sivage
Thursday, 29 July 2010

Homeowners get help
Ventura Heights' road woes sparked the countywide survey that was outlined at Commissioner's Court on Tuesday. Residents of the neighborhood, in an unincorporated area near Converse, implored officials — again — to remedy their plight. Officials offered several long-term options. One plan would have the budget-strapped county assume responsibility for Ventura Heights' roads, making all taxpayers responsible for maintenance. In other scenarios, a special district could be formed where a road maintenance tax would be imposed for 30 years; or residents could be required to pay a share of the upkeep. In May, the county estimated it would cost $1.3 million to bring Ventura Heights' streets into compliance at a cost of $7,731.84 for each of the 170 homes.

Homeowners get help
By John W. Gonzalez - Express-News 
                   
A small gorge has formed on Heights Valley where rain runoff makes its way toward a culvert. After months of neglect, the growing gash in the pavement is on of several dangerous spots on the street. John W. Gonzalez/Express-News

Flooded with complaints about shoddy streets in unincorporated areas, Bexar County engineers have conducted road assessments in scores of subdivisions and coaxed most of their developers to address their problems by October.

That progress hasn't provided relief yet to residents of Ventura Heights subdivision in East Bexar County, where deep, treacherous potholes refilled with rainfall Wednesday. But as a temporary fix, a developer with no current stake in the subdivision offered to patch some of its worst potholes in the next week.

In a letter to the county, Yantis Co. President Michael Yantis Jr. said that although it wasn't the cause of the road problems, “I feel like we can be part of a temporary solution that will allow the Ventura Heights residents full use of their streets.”

Accepting the offer, County Engineer Renee Green responded: “We understand that this is not a permanent fix and will continue to work with the homeowners to develop a permanent solution to their street problems.”

In the meantime, the county, which disavows responsibility for maintaining the substandard roads, is extracting agreements from the developers it can locate. When they can't be found, the county is withholding driveway permits and holding up plats, but isn't authorized to do repairs, officials said.

Ventura Heights' road woes sparked the countywide survey that was outlined at Commissioner's Court on Tuesday. Residents of the neighborhood, in an unincorporated area near Converse, implored officials — again — to remedy their plight.

Officials offered several long-term options. One plan would have the budget-strapped county assume responsibility for Ventura Heights' roads, making all taxpayers responsible for maintenance. In other scenarios, a special district could be formed where a road maintenance tax would be imposed for 30 years; or residents could be required to pay a share of the upkeep.

In May, the county estimated it would cost $1.3 million to bring Ventura Heights' streets into compliance at a cost of $7,731.84 for each of the 170 homes.

Green told commissioners that 121 subdivisions in unincorporated areas, whose streets and drains have been out of warranty for two or more years, have been examined in recent months. Sixteen of them have completed needed repairs and 52 promised to make fixes by early October, she said.

The 121 subdivisions had 37 developers, seven of which couldn't be located, Green said. The missing seven are responsible for 20 subdivisions, including Ventura Heights.No plans of action to remedy road problems have been submitted by 33 of the subdivisions whose developers were located. However, about half have such plans in the works.

“I'm encouraged by the response we've received from the builders and we will continue to diligently work to bring all of Bexar County's residential roads into compliance,” Green said.

Commissioner Tommy Adkisson, whose Precinct 4 includes Ventura Heights, said the county, by law, has been constrained in its response.

“We were advised by the district attorney's office that if you go in there and fix it, that's a de facto adoption of the subdivision,” Adkisson said.

http://www.mysanantonio.com/news/homeowners_get_help_99519424.html


 
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Reckless Endangerment
BY: GRETCHEN MORGENSON
and JOSHUA ROSNER

Outsized Ambition, Greed and
Corruption Led to Economic Armageddon


Amazon
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Rise and Fall of Predatory Lending and Housing

NY Times: Building Flawed American Dreams 
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HUD Scandals

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Reckless Endangerman
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