-- Tuesday, June 23, 2009 --
-- HEADLINES --
- CONDOS FOR SALE AROUND FCCA
- MORE IMPORTANT INFORMATION ABOUT THE LITIGATION GOING ON AT FCCA AND THE UPCOMING LITIGATION
- WELCOME TO SOME OF THE "CORPORATE" NEIGHBORS OPERATING OUT OF UNITS
(NOTE - Please feel free to forward this to other owners, your mortgage company, realty company, attorney or other interested parties that may want to know what is going on around Fountain Court Condos. Also, please print out a couple of copies and distribute them to your neighbors who may not receive this emailed edition. They can request their own emailed copies by sending an email to TheFountainOfInformation@Gmail.com or they can follow us on the web at http://thefountainofinformation.blogspot.com/ or join the Fountain Court Condos Yahoo Group Bulletin Board at http://groups.yahoo.com/group/Fountain_Court_Condos_Metairie_LA
Thanks for your support!)
- CONDOS FOR SALE AROUND FCCA -
Based on an idea from Ron Bimes at Pier 8 Condos, I thought it might be a good idea if all of the owners/realtors, who presently have units listed "For Sale" at Fountain Court, might want to get together and have an OPEN HOUSE at Fountain Court as well... to try and sell some of these vacant units. I did a little research and here is what I've found so far, as far as units that are listed "For Sale" online.
An MLS Search (Multi List Service Search) from RE-MAX shows the following:
http://www.darrylglade.com/remaxla/modules/agent/agent.asp?p=findahome.asp&s
elected=qck&acc=88420&street=6901%20Veterans%20Blvd&city=Metairie&state=LA&z
ip=70003&addrentered=true
Unit 38 - 3BR - $119,000
Unit 43 - 2BR - $109,900
Unit 91 - 2BR - $99,900
Unit 67 - 2BR - $95,000
Unit 81 - 2BR - $84,900
Unit 54 - 1BR - $75,000
A few other FSBY (For Sale By Owner) online ads were also found with a Google search.
Unit ?? - 1BR - $69,000 - PatrickKearney78@yahoo.com
http://neworleans.craigslist.org/reo/1194353179.html
Unit 58 - 2BR - $264,900 (WOW... THEY ARE LIKE THAT ANT WITH THE RUBBER TREE PLANT... THEY HAVE HIGH HOPES! LOL)
http://www.listingvue.com/Louisiana-Condo-For-Sale-465926
Unit 24 - 1BR - $78,500 - http://www.forsaleownerhomes.com/details/1626141/
Last, but certainly not least... well maybe ALCOR would be considered "least"... here is ALCOR'S listing for:
Unit 39 - 3BR - REDUCED!!! (according to ALCOR'S PDF document "ad") to $127,000 ("Owner is motivated, willing to pay 1st years condo dues, open to all reasonable offers")
http://www.alcorgroup.com/6901%20Veterans%20-%20Unit%2039.pdf
I wonder if this owner realizes that although they have their property listed with a so-called Real Estate Agent, that agent does not have the property listed with the MLS (Multi List Service)... so unless someone is searching the internet for properties for sale at Fountain Court, they may
not find this unit listed... or maybe ALCOR is counting on some kind of insider's edge since he is the so-called manager of Fountain Court??? Who knows!
So there you have it, at least 10 units currently up for sale at Fountain Court, that's OVER 10% of the people trying to get the HELL out of here. Nearly ALL of the past Katrina Board Members have either sold their units already or are trying to sell their units. Maybe they knew something that they didn't tell the rest of you all... that is making you all liable for the likely $525,000.00 Judgment that is forthcoming out of all of the litigation that is going on at FCCA right now.
- SPEAKING OF LITIGATION -
Speaking of litigation... some owners have expressed concern that "Don't you know that you are suing yourself?" since we have counter-sued Fountain Court (of course, only after they sued us to try and make us comply with their ILLEGALLY PASSED RULES amendments first. They have now admitted that their ILLEGAL RULES AMENDMENTS were in fact, ILLEGAL, since they tried to make changes to them after our Court filings pointed out JUST HOW ILLEGAL they are... but since the Board is ILLEGALLY ELECTED, even their changes are ILLEGAL).
My answer to this question is... if you were one of the unfortunate owners of stock in Enron, Lehman Brothers or one of the countless other BIG Publicly traded companies that went bankrupt due to their fraudulent bookkeeping and management practices and you lost all of your money... would you sue them to try and recover your losses? Of course you would... and
there are tens of thousands of such lawsuits, many are class-action, still going on today. BUT WAIT... you are/were an owner of that company (a stock holder is no different than a condo owner) and now you are suing yourself??? Yes... unfortunately, the way the law and the Condo Documents are written, when the Owners, Board and Manager start illegally breaking the contract (the 187 page Condo Documents), the only recourse for an owner is to sue the entire association (corporation)... BUT... NOW THAT WE KNOW WHO THE INDIVIDUAL CULPRITS ARE and how they knew or should have know they were doing things illegally and fraudulently and intentionally NOT following the Contract, we will be amending our lawsuit to PERSONALLY sue each and every current and past Board Member, Officer, Manager and even the illegally
appointed "At-Large Board Members" (for which the Condo Documents does not even allow such appointed persons). Hopefully, then, the errors & omissions and indemnification insurance policies will kick in and independent lawyers, other than ALCOR'S hired gun, will start to look into what is being done so illegally around Fountain Court Condos.
- WELCOME TO SOME OF THE "CORPORATE" NEIGHBORS OPERATING OUT OF UNITS -
Oh yeah... I almost forgot... I want to welcome ALL of the NEW and not-so-new corporate tenants at Fountain Court Condos. It seems at least three Corporations are now operating out of Unit 62... I guess on a "loophole" since businesses are not supposed to be run out of owner's units. At least, that's what Kristina Mores called it when I became a Mortgagee for a unit owner... she called it a "loophole". Kristina, it's not a loophole, it's part of the Condo Documents that legally allowed me to become a Mortgagee.. the same documents that supposedly forbid running a business out of ones unit, even though dozens of people do the same thing around Fountain Court. There's no need for me to point out the rest of the owners who have their own businesses out of their units, but since Kristina made it a point to mention my "loophole" at the last meeting, I thought I would point out her CLEAR VIOLATION OF THE CONDO DOCUMENTS WITH HER AND HER HUSBAND RUNNING THREE OR MORE BUSINESSES OUT OF THEIR UNIT, NUMBER 62.
http://www400.sos.louisiana.gov/cgibin?rqstyp=crpdtlC&rqsdta=35470136D
(Hollywood Star Mobile DJ Service, which also has a phone listing at Unit 62... and you can regularly see the owner and an employee moving equipment back and forth from their unit to their SUV... and they even block the back ramp when doing so, which would be clearly shown on the cameras... another "loophole", I guess... when it applies to them!)
http://www400.sos.louisiana.gov/cgibin?rqstyp=crpdtlC&rqsdta=36786471K (East To West Counseling Services - with ALL addresses listed at Unit 62)
http://www400.sos.louisiana.gov/cgibin?rqstyp=crpdtlC&rqsdta=34628594K
(Kenner Karate Center - used to be down in Chalmette but since they are no longer at that address, the only other viable address and the mailing address listed at UNIT 62)
http://www400.sos.louisiana.gov/cgibin?rqstyp=crpdtlC&rqsdta=36691145D (no longer at the 9212 W. Judge Perez Dr. address so I'm not sure where this one is operating from today)
http://www400.sos.louisiana.gov/cgibin?rqstyp=crpdtlC&rqsdta=36794397D
(another one, no longer at the Chalmette address)
Now... let me make something clear, personally, I think it's perfectly OK for someone to have their own business and even to run it out of a home-office, as long as they don't have a lot of pedestrian or vehicle traffic coming in and out of the complex or their unit as a result of their
business, I really don't see a problem with that! BUT since Kristina Mores chose to verbally attack us by calling our legal Mortgagee documents a "loophole" and make other personal attacks against me at the cancelled meeting, I figured that people who live in glass houses shouldn't throw stones, so I'm just pointing this out to her that she and her husband are NOT following the Condo Documents while they try and accuse others.
Until next time, let "The Fountain Of Litigation" flow.... oops.. that should be let "The Fountain Of Information" flow! ;-)
Lenny Vasbinder, Editor
TheFountainOfInformation@gmail.com
http://www.thefountainofinformation.blogspot.com/
Cell-504-621-1870 eFax-413-318-0742
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Lenny Vasbinder NHSNOLA@gmail.com
Cell-504-621-1870 Fax-413-318-0742
http://www.neighborhoodhomeservices.com/
P.O.Box 74031, Metairie, LA 70033-4031
Handyman Services, Lawn & Garden Care, Residential Contractor, General Cleaning & Trash Hauling, Etc.
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