WEBSITE OF CONCERNED HOMEOWNERS


713-498-0364

concernedhomeown@hotmail.com

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Dissatisfied with Tina? Thinking we desreve better? Many other homeowners do as well.
To sign our petition to remove Tina & Co. ,please click here

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July 20,2014
Banana republic

About 2 months ago , we heard that the board president was no longer there . Apparently he had resigned. This was just a rumor and we didn’t care to call Tina and verify. After all,, who cares about a Board that its president was not even at the meeting when he was elected about 4 years ago? Who cares about the makeup of a board that elects its member by votes that can’t be verified, or only has one bids on many jobs.

The latest letter , suddenly announced a new president. For most homeowners , this came as a surprise but for a big number that we know, nobody cared. They stay on Board and lawyer up and spend our money to defend their elections that cannot be confirmed independently and then hire many contractors with only one bid. No others would need to apply. They then ,when they can raise our maintenance fees.

Who knows what happens in a bunch of common men who form a banana republic. We just have to do our own checking by auditing and going over the individual checks issued by them.

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July 13,2014
Homeowner fight broadens

The homeowner fight in Florida, not of their own making continues. We posted a follow-up on June 29th  , which was a follow-up from Aril 6 posting. It showed how an investor was trying to take properties away from homeowners at rock bottom prices.  Units that had been appraised for over $300,000 were being taken away from homeowners for about $80,000, because that’s what the homestead value or county value showed . Now there are some other condominiums that are trying to repeal the law. With a determined investor, options are very limited. This is true in Texas too.

Please read the postings for complete details.


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July 6, 2014
Board letter and cats and dogs

We all received a letter form the Board full of advice on everything including cats and dogs . The letter talks about city regulations and that you should always put leash on your dogs and using phrases like “ no exceptions” and “that means you” .   This letter has been approved by the Board before being sent out. That’s why it is so amazing that couple of Board members who have dogs, have never been seen putting leash on their own dogs. This is the height of hypocrisy, to threaten homeowners with fines and blaming them for being irresponsible dog owners, while at the same time doing the same thing.

This is the continuation of what we have here which is common man , in the form a of Board member making laws for everybody else but not themselves.

The letter also addressed the new company and a 5 year contract. We just don't believe the condos will be here in 5 years. What would happen to  a broken contract? Would we have to pay to buy the contract out? Would we get penalized for that?

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June 29, 2014
Court

Earlier in April 6 posting, we talked about a condo association that was taken over by an investor in Florida. The investor using a state  law,  was trying to take over all the condos and turn them into apartments. Some of the condos were purchased recently . The price the investor was offering , was causing huge financial damage for those homeowners , resulting from the fact that the offer would not have come close to paying what was owed to the banks. This means they would owe deficiencies to those banks , because if they accepted the money the investor was offering , it would not cover the money owed to the banks.

We just found out that the investor has just filed a lawsuit against those homeowners, citing the Florida laws. This law was amended in 2007 to make it easier for condominiums to be terminated. It needed more than 10% of homeowners to object. Before the law one homeowner could stop the termination. We don’t have such an anti-homeowner law in Texas , but investors won’t run out of solutions in getting their projects going as we have listed numerous examples in this site.

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June 14,2014
The first $150K condo for sale

We just found out about a homeowner who put their 2-bedroom condo for sale with the asking price of $150,000. This, with construction around us , barely getting off the ground. If you are planning to sell your property, as favorable it is to have a jump in values, you have to remember what you can replace it with. If Galleria living is what you are looking for, it would be best to consider what your options are. If you are not in a rush to sell , and with this being a seller’s market , you might be advised to consider getting more for your condo located currently in prime area of Houston and construction not even close to being half way done, but supposedly being done by January 2015. We have also heard of some 2-bedroom condos listed above $100,000. It would all depend on your own particular situation and your wants and needs.

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May 24,2014
2640 rumors

 


This is what 2620 and 2630 look like now. Building is pretty much all over . The latest news we have heard is that 2640 will be next to be demolished as part of the 4 building construction. The County as one of the main renters over there will be moving over to 2650.

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May 10,2014
Real estate agents
As you might be aware, we have recently been receiving advertisements regarding specifically selling our properties.There is no mention of buying anywhere. These advertisements have been in the forms of mail and posting on our bulletin boards which until now with an unwritten law, were forbidden. They usually would have been taken off about 15 minutes after they were put on to send a message that only Board can put messages there. However, for some reason, these ads are being accepted by the Board. Our message remains the same. Unless you are in a hurry to sell, or you ask $100K for your 1 bedroom ,or $150K for your 2-bedroom or $200K for your 3-bedroom, its best to hold on. The construction nearby is just getting underway. These condos would look a whole lot better and in a greater situation location wise, after the construction is finished. With limited research available, and as far as we can tell based on other condos in similar situations, people who hold on to the very last can expect to get the most for their condos, but situations can vary.

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May 2, 2014
Redacted

As posted here earlier, we have been asking for the original insurance files for Hurricane Ike to be sent to us, unredacted and unopened direct from the insurance company. After asking with emails to the management company, we sent a certified letter to the Board asking them to us directly from the insurance company. They had this ridiculous assertion that the ones we got , indirectly , was a result of copy machine malfunction all 500 pages or so! We are posting a sample here again to refresh your memory.

In this recent letter, we asked to send us a brand new one , direct from then insurance company. This letter was sent in March , 2014 , well ahead of their April monthly meeting. They had their April meeting and we are now in May. Its safe to assume they don’t want to send that to us. This adds to the fact , that the election cannot be monitored independently, the contractor in reality is only one and the energy company was the only one solicited and is one floor above our management company. Lets stand together that with this lack of competitive bidding and lack of transparency, we don’t pay more in maintenance fees this coming year.







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April 18,2014
Apartments across the street
As many of you know, we are the only apartment complex between Burgoyne and San Felipe , that is multi-owned. In this hotbed of construction activity, the latest rumor is that the apartment complex across the street from us, could be next to be sold . The area is about the same size as ours. Details are not known yet but we will keep you posted when we know more
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April 6 ,2014
Another bully tactic by an investor

This is what is happening in Florida. Apparently under a law passed in 2007 if the mortgages are under water, the biggest owner can buy the rest of the units whether they like it or not (it didn’t specify the percentage ownership). The HOA is dissolving itself and basically lying doormat for the biggest owner which is a company. The law has never been used and this is the first time. More interesting is that, it was not indented to be used for solvent condos as this is one.

Now presumably this does not apply to us, but it shows that a big investor , with many resources can find ways to get what they want.

It also brings up some questions:

Do we have in Texas a similar law? Would it matter?


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March 23,2014
The company that lost the bids
We finally heard from the owner of the company that lost the last 3 bids . Let us remind you that he is the owner of a company that only has an answering machine and we could not find any websites associated with his company. Since then however, we could find a website for him. He acknowledged that he had placed a bid and well, he is basically on a 3-bid losing streak with us. He sounded very nice.


1. why does the Board puts out the bids valued at about $75,000 for only 2 companies?
2. why doesn’t the Board , announce its intentions in a newsletter and with at least 5 verifiable bids so interested homeowners will be able to check and verify? 
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March 11,2014
Confirmation 
As posted here , the new job at B & C buildings cost over $23,000. It was correct. The company doing it did about $75,000 bid with us in the last 4 months or so. It was virtually a one bid job. The owner of the company that lost the bidding war finally contacted us and we talked to him and he verified the other bid. Let’s not forget the winning company has a website with no links. The company that lost the bidding war has only an answering machine and no website. We are not talking about the quality of work, but the question is, why does the Board get bids from companies who don’t even have the basics of advertising down in this day and age? Why does the Board just get 2 bids and it seems to be the same companies?

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February 26,2014
A new Board member?
As we all know, in the last Annual Meeting, the only candidate running for the 3 vacant spots , lost again and the incumbents also won again. A reminder: the Nominating Committee was not successful in finding 3 candidates, only 1. Homeowners have caught on to the games being played here. The lone candidate was told by a Board member with 100% guarantee that if he runs again he “will be on the Board”. It was not “may be”, or “you might “ , or any degree of uncertainty, but “you will be the Board”! Well , from a Board that self-elects itself and won’t allow homeowners observing the elections from start to finish , we can expect that. This is what happens when Texas laws favor HOAs and a common man (and in our case underwhelming and unqualified group of people in our view) is left to its own devices to interpret and implement the laws . Just as an update, the B building’s driveway repair will start soon. The same company is doing it and has a potential to do about $75,000 worth of business with us , in just 3 months without finding a need to advertise its services fully , to the outside world. Tina update: In just one short month we had 9 homeowners sign on the website for her removal. Apparently, the dissatisfaction with her services run quite high with the comments we get that accompany their signature. We expect many more in the coming weeks and months. Lets hope she gets the message and go somewhere else.
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February 15,2014
Board's attempt at transparency

Over 2 months ago and via certified mail, we asked the Board to release the insurance documents relating to Hurricane Ike. To refresh your memory, the documents we had received was 80% redacted and totally unreadable and therefore useless. One Board member attempted to address the issue in the Annual Meeting but was quickly cut off. Later on in the meeting , we were told it really was not redacted and it was a copy machine malfunction, i.e. an imaging problem! There are about 500 pages in that document. The Board yesterday tried to sound responsive and sent a message that we had really received it and if that was not good enough we can send you another copy . Other words the same copy of what you see below plus cost for copying! We let them know, the only acceptable copy would be from the insurance company itself , directly to us and unredacted. We cannot trust any paperwork from an entitiy that at the first step does not let homeowners monitor elections paid by them. Lets see if the Board has nothing to hide and will send us a READABLE and UNREDACTED copy of this insurance document to be reviewed by our experts. We are not holding our breath on that. An example of what we got. Is this a copy machine malfunction?!!



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February 12,2014
It was a one-bidder after all

As we try to get to know the vendors that do business with our association, we started examining each contractor one by one. One of these companies , as stated in an earlier posting, was a company that had won the bidding war against the biggest provider of gas in Houston! We called that ridiculous and insisted on seeing both bids. We finally did and just found out the contract from the biggest provider did not even exist! That means it really was another one-bid job as we had suspected all along . No response from the manager as to the conflicting emails yet. We will keep going through these checks on a quarterly and individual basis and keep getting to know our vendors.
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February 9,2014
More on driveway repair






We just found out that the cost for driveway repair was a little over $25K. Together with the gutter and fascia repair on 2121 this has amounted to close to $50K in contracts given to one company. Ofcourse we had the usual loser who only has an answering machine and just like last time has not replied to our phone call. It kind of reminds us of our elections that we already know the result. By the way we have had a good number considering the time , signing up for Tina's removal. We are still getting calls from homeowners that she hasn't returned their phone calls or ignoring their request for various issues on our property. A gang sign just painted on our condo sign was just renamed being "tagged" , whatever that means.
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February 4,2014
Who is repairing our driveway?







As we have documented on this website, we found there were two companies that have been solicited by the Board for the gutters on 2121. One with a website and no links and the other with no website and only an answering machine. We could not get the latter to return our phone call. Its interesting that a two-time loser in the bidding process  , in at least the last 2 bids , is not interested in somebody potentially taking up their cause. The winner as far as we can detect, has been doing our contracting jobs since at least 2008. In the last 2 jobs with the second one being the driveway. No other bids were needed. Its like watching the reruns of a bad movie. We know what happens at the end. Why would the Board do business with a company that has only a website with no links ? Why would the Board even solicit bids from a company that has no website?
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January 22, 2014
Meeting last night
Well, we had another predictable charade last night. The turnout was so low that they actually started the meeting without the quorum required for this meeting. When asked Tina later on , she said the quorum was established later on as homeowners started walking in after the meeting got started. Nevertheless the incumbents won again. There was only one homeowner who ran . The Nominating Committee could not even find 3 candidates who were interested to run for the 3 available seats for the Board, only 1. In other words homeowners have gotten to realize that an election that cannot be monitored by interested homeowners , is not a fair election at all. The maintenance fee , as many of you know already, was not raised. That is a good thing. In fact , for the last 4 years the fees have only been increased a total of 2%. One homeowner had taken upon themself to call a developer as to whether they would be interested in buying our property. In other words the homeowner was inquiring not just its own , but for the entire 270 units. The number $55 per square foot was thrown around. This means for a one-bedroom the price could be around or less than $40,000. This could translate to the tax value and even homesteaded value of the property. We don’t believe the action of this homeowner was right. It presents a picture of desperation and fire sale mentality for our property. The property can survive for now and even a few more years from now in relatively decent shape with patched up and minor repairs. Homeowners who hold on longest can expect to get the most for their property. They ,for sure don’t need anybody to negotiate for them. We believe the price per square for our property with the special situation that we are in is around $150 per square foot not $55, which brings about $100,000 for one bedroom and $150,000 for a two bedroom. Let the developer approach us and not vice versa. Even the homeowner said it was low. The result of this initial pricing could bring an extra $2 ,$3 or may be even $5 per square foot but not much more, which is still well below the market value of our property. This lowball offer could also alert other investors and sensing desperation, set . a low price for our property and convince some to think it’s the real value and sell. This is the result of a homeowner negotiating with a savvy and seasoned investor. For our part ,we have stated that even though, Concerned Homeowners believe $100,000 to be the price of one bedroom but to consult real estate specialists on their own and find out how much they can get for their property, if a developer steps in. The Board tried to address the issue of Hurricane Ike. Please refer to the previous posts as to our letter to the Board requesting an unredacted and unopened copy. The explanation was that it could be an image problem resulting from the copy machine! We extended an open invitation to come and inspect the 2 inches thick document and see for themselves how about 500 copies could have image problem. We won’t hold our breath for anybody checking it out or give us such a copy. On a curious and short-mentioned note by the Board , it was stated that ,personnel from the management company walk the property frequently. The conversation, was very shot-lived. We ask the homeowners to please email us or even call us at 713-498-0364 if they see anybody from the management company walking the property. If emailing , please document the time and the name of the representative. The petition to remove Tina has gotten many homeowners to sign up. Because of some comments they left, we extended the removal to the management company as well. As stated by some, its better to start with a new management company. Lets not forget they raised their fees 2 years ago as well. The Board did not even shop around to cut the costs and find another management company then.
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Janaury 19,2014
Another one bid job?
As many of you have heard and read time and time again, we have complained that the association just takes one bid for contracting jobs. As we are expanding our research, we just found out that the gas has two bids with an explanation. We inquired from the manager and we found out that the other bidder is the well-known company that provides gas to most of the city. So according to her, the actual provider of gas, lost the bidding war to a company that is pretty much a broker in the energy field. Our gas provider company is located one floor above the management company.
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January 9,2014
Ike insurance documents:what is in them?
About 2 years ago, we asked for the insurance documents relating to Hurricane Ike, to be released to us. About 6 months later and after many back and forth , we finally received them. The documents were examined by the management company before being handed to us. That by itself raised some questions. Upon examining the documents , we found out about 75% of the documents were redacted. Last year, we started a comprehensive research as to the way the insurance proceeds were handled. As part of the research, we asked the Board for the full file to be released, unopened and without redactions . The management company has failed to produce that (check older posting). We took the request to the Board with a certified letter. They received that on December 13,2013. They have yet to answer. Its amazing that when in 2012 we asked about the format of checks issued , they sent out 4 “newsletters” defending themselves , all at our expense. They did not even send 1 newsletter during 2013. May be when we pursue the insurance documents more this year, we will get more “newsletters” attacking us for asking , again paid by us.

For older postings please click here