Fw: South Florida homeowner associations get tough collecting delinquent fees

Nidia Barakat

unread,

Aug 11, 2010, 11:21:52 AM8/11/10

to Darlene, King Cole, King Cole Condominium

Dear Darlene,

Please, forward this note together with my previous email to the BOD.

.....We are in deep trouble, if monthly maintenance and assessments keep rising on the residents in good standing, pretty soon we also will not be able to pay either. As it is our monthly Assoc. dues are way too high. Thank you

From: Charbel Barakat <char...@gmail.com>
Subject: South Florida homeowner associations get tough collecting delinquent fees
To: "Nidia Barakat" <nid...@yahoo.com>
Date: Wednesday, August 11, 2010, 9:45 AM

http://www.sun-sentinel.com/business/fl-condos-foreclosures-20100810,0,752130.story?track=rss&goback=%2Egde_2650034_news_169251094

From the Sun-Sentinel. This shows how, instead of raising assessments on the homeowners in good standing, some condo associations are instead more aggressively pursuing deadbeat owners and foreclosing on units that are past due on their rent.

Marinell Montoya

unread,

Aug 12, 2010, 8:04:30 PM8/12/10

to king...@googlegroups.com

I am watching the BoD meeting - I understand they all want us to look at the delinquent list and add up that money to match this bad debt. I need to point out that those numbers are inflated - they include late fees and other "fluff." Not actual bad debt.

Just saying - the actual numbers are much lower.

--
You received this message because you are subscribed to the "KINGCOLEgroup".

To post to this group send email to: --->> king...@googlegroups.com <<---
or just --->> Reply <<--- to this message

-- This Group is not managed by or created by the King Cole Board of Directors --

To unsubscribe from this group, send email to
kingcole+u...@googlegroups.com

For more options, visit this group at
http://groups.google.com/group/kingcole?hl=en?hl=en

Carla Hilger

unread,

Aug 13, 2010, 1:23:25 AM8/13/10

to king...@googlegroups.com

I am glad you are not our accountant, Marinell!! :-)

Carla

#626

wtchu...@aol.com

unread,

Aug 11, 2010, 11:35:38 AM8/11/10

to king...@googlegroups.com

Very well said I agree. Action must be taken soleley on thos in bad standing. Tell them to sell their apt or do something. There must be something the gov can do to help out the condos or something has to be figured out.

Sent via BlackBerry from T-Mobile

From: Nidia Barakat <nid...@yahoo.com>

Sender: king...@googlegroups.com

Date: Wed, 11 Aug 2010 08:21:52 -0700 (PDT)

To: Darlene<darl...@the-beach.net>

ReplyTo: king...@googlegroups.com

Cc: King Cole<king...@googlegroups.com>; King Cole Condominium<in...@kingcolecom.com>

Subject: [KingColeCondo:1871] Fw: South Florida homeowner associations get tough collecting delinquent fees