Covered Bridge Estates Annual meeting was held on March 26th and unlike last years mild mannered meeting we had some real fireworks this year. The votes were counted and our current Board members Tony Char, Don Samuelson and Wanda Kilgore-Schneider were re-elected for another new 2 years. The Board re-organized and selected a new President-Gordon Henderson, Vice-President-Jack Ramirez, Treasure-Don Samuelson, Secretary-Wanda Schneider, Board Member-Tony Char. Improvements are on the horizon, the Board has discussed paving the area on the south side of Shenandoah Circle across from the clubhouse under the power lines. This area will be for the school bus turn around, additional parking and other uses. The front will be getting a face lift with new landscaping and plants. A community website will be developed so we have better communication with Board and Property Manager, upcoming events and general happening in our community.

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Earthquakes are hazards that you cannot avoid. They usually strike fast and without warning so there is very little you can do to prevent it from happening. However, the damage that your home can receive from them can be minimized. In fact, if you want to know how to protect your home from earthquakes, here are some ideas that might just help.

earthquake, home from earthquake

Conduct some research

Before you even start preparing, find out first if your house is actually sitting on a fault line or anywhere close to one. Some houses in the Philippines are situated in these precarious locations and buyers who are not well-informed usually never find out until the earthquake strikes.

If yours happen to be somewhere near or above major fault lines, then try to confirm from the house engineers or subdivision developers if there are any designs or measures incorporated in the house or surrounding areas to address seismic activities. If there are none, then you might want to consider some seismic retrofitting.

Seismic retrofitting

You can modify certain plans or structures in the house to make it more capable of withstanding seismic activities. But first, you need to consider certain aspects of the unit before such modifications can be done.

For example, if your property is a house and lot in Antipolo, you need to think about the surrounding terrain and not just the house itself. This is because higher elevation is relatively more susceptible to collapse and resonance compared to those in lower grounds.

When you’re done figuring out all the existing information about your location and your house, you can employ any of the following strategies to make your house more earthquake-proof.

Strengthening – You can increase your house’s global capacity by putting up additional walls or cross braces. By adding more support structures to your house, you decrease the chance of structural collapse.

Using dampers – You can also utilize weights, or certain structures called dampers that absorb a portion of the seismic energy and convert it to heat. This decreases the energy that your house would have taken and redirects the energy away from the support structures.

Insurance

A little insurance can also give you some peace of mind. However, you need to remember that insuring your property will only help you in recovering some of what would be lost. It’s not going to prevent or lessen any of the damages that a full-blown, high-magnitude earthquake can bring.

 

Covered Bridge Estates more than likely will not have this problem since the New Owners Orientation and Renters Approval was passed by our HOA last month. I know most of the agents working with the Hedge funds and investment groups and they are putting quality people into their homes in CBE. As long as we keep a vigilant eye on what’s happening and our Community Manager does her job, we will be in good shape.
Peter J. Poe-Poe & Associates Realty, Llc

 

Homeowners dismayed as property investors bring in renters

PALM BEACH, Fla. – May 2, 2013 – The fragile sense of community in homeowner Bryan Melzard’s neighborhood – the impromptu chats on the sidewalk, shared gripes about overzealous condo commandos – is fading.More renters are moving into his Greenacres, Fla., development of about 100 homes, filling investor-owned properties bought at foreclosure fire-sale prices with cash on hand and dreams of big returns. The conversion has meant regular U-haul sightings on the 30th of each month and anonymous neighbors with fewer scruples about loud music.

 

Many of you have asked me “how can investors buy homes in Covered Bridge Estates at auction and the bank still have a mortgage on the property and the investor(buyer) rent it out. Well here is your answer.  This is what is happening in Covered Bridge and our community will NOT be the better for it.

FORT LAUDERDALE, Fla. – Feb. 18, 2013 – South Florida real estate investors are buying titles to homes on the cheap through community association foreclosures then renting them out until the bank catches up.

It’s the latest tactic aimed at capitalizing on South Florida’s quagmire of vacant and foreclosed homes.

And since banks – the primary lien holder on the homes – sometimes take years to foreclose, the strategy could offer the investor a hefty return. Homeowner association foreclosures are usually based on unpaid dues, with judgments far less than what is owed on the mortgage. A savvy investor can pick up a home for a few thousand dollars from an association foreclosure auction and make that money back in several months’ worth of rent.

If I caught your interested and you want to read more Click HERE…

New Development next to Covered Bridge Estates..For those of you who stayed home for Halloween and did not make the Board meeting here is some of what happened.. The Board approved a Resolution 10-01-2012 dealing with a new development planned west of Covered Bridge Estates and East of  I-75 and North of Mendoza Rd. To read more about this please click HERE…

This new development is being done by Trees Direct LLC a company owned by Trey Desenberg the developer of Covered Bridge Estates. He has requested a  rezoning hearing on November 8th at 9am infront of the Manatee County Planning Commission located at 1112 Manatee Ave W. Bradenton.  for more information about the meeting and this project you can contact  Stephanie Moreland, the county Planner for the Community Planning Division 941-749-3070 ext 3880 or Stephanie.Moreland@mymanatee.org

It has been rumored that he wants to put in 500 multifamily units across from Tuscany Lakes Apartments. He will extend 60th a very short distance next to Oak Creek gated community as the one and only entrance and exit for 14 buildings and 5600 units. He would like Covered Bridge to allow a gate at either New Paris Way or Broad River Run  for emergency vehicles if his extension is congested or blocked.  To say this would impact our community would be an understatement. The Board seems to be ontop of this and I will keep you updated when I know more.

Peter J. Poe

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Covered Bridge Estates home values will start to increase once we eliminate Short Sales and Foreclosures. You will be receiving my Covered Bridges Estates Newsletter by the end of the month. It contains some good news that we have been waiting for, but I suggest we be optimistically cautious before we start to party. I recommend you read the “Trent Analysis of the Florida Real Estate Market and Florida Realtors Residential Price Index”. It also include a great analysis of “The Distressed Property Market and Shadow Inventory in Florida” To read more Click Here…

 Bleach can be used to clean your driveway according to the Florida DEP. 

For those of you who were unable to attend the Board meeting yesterday afternoon; I wanted to clear up a misconception that one of our residents and Board members believe to be a fact of Law. I was told at the meeting that it is “against the Law to use Bleach on your driveway” to clean mold and mildew. I did not want to push the issue at the Board meeting, as there are more important issues to deal with in our Community. This morning I called the Florida DEP and spoke with Joni Scott with the Public Service and General Information Department. Joni advised me that “the DEP has no position on the use of Bleach to clean driveway as there is NO LAW.  Since I only spoke to one individual from the State of Florida DEP to verify this fact, I ask those who think it is against the Law to please provide me with the Florida Statue where this appears. In my humble opinion. I suggest that we all be more informed before passing on misinformation. If you don’t like to use bleach try “Spray & Forget” you can purchase it at Home Depot in the lumber department, 1 gallon cost about $40.00. here is there website http://www.sprayandforget.com/

The Board meeting was very informative regarding a new home builder, Highland Homes. Highland has purchased 16 homesites on Halls Mill Xing and will start building in the near future. Jim Hegemier the chairman of the Architectural and Modification committee passed on some great information regarding the new home builder and the model they will be constructing.  The new homes will be starting  from the $150′s according to their website. This will be a nice addition to our community and hopefully the re-birth of new home construction here in CBE.

click on the link for more information about Highland Homes.http://www.highlandhomes.org/community.php?cid=102

Here is the link for their site map of  the lots they will be building on http://www.highlandhomes.org/images/homes/siteplans/102.pdf

I encourage all residents to get more involved and go to the Board meetings. Without your support and ideas will be not grow as a community and  become stagnant.

Feel free to leave your comments and suggestion.

Respectfully,

Peter J. Poe

Do you think Covered Bridge Estates will see more rentals in the very near future?. What do you think?

Read More…

Covered Bridge Estates Driveways Black with Mold, Dirt and Weeds. What do you think? As a resident of CBE I find it bewildering that other homeowners in our community allow their driveways to become BLACK with mold and dirt and allow weeds to grow like a lawn in the driveways expansion joints. This is something that should be addressed by the Board and have the Community Management company KNOCK ON DOORS, to get this resolved.The Board bought a commercial portable powerwasher  unit a few months ago. Maybe the Board should offer owners who have filthy driveways and do not have there own powerwashers or the desire to spend an few hours to powerwash their own driveways the option of PAYING to have it done by our Management Company. This way the board can start to re-coup the money it paid for the powerwasher and improve our communities appearance at the same time.  Of course liability comes into play, maybe the homeowner can sign a waiver, thats a question for our attorney to answer. We all want to be proud to live in a community where everyone has a Price of Ownership. When I drive down our streets and see BLACK driveway I am  NOT REAL PROUD.

Let me know what YOU think?

Peter J. Poe

GIBSONTON, Fla. – Sept. 5, 2012 – The U.S. Department of Housing and Urban Development (HUD) is charging a Gibsonton, Fla., homeowners association and its Tampa-based former management company with violating the Fair Housing Act.

According to HUD, the HOA and management company subjected a family with six children to different rental terms and conditions. Overly restrictive occupancy policies may unlawfully discriminate against families with children by preventing them from living in a home.

The Fair Housing Act makes it unlawful to deny housing or impose different rental terms and conditions based on disability, race, national origin, color, religion, sex or familial status.

HUD alleges that Townhomes of Kings Lake Homeowners Association (HOA) Inc. and Vanguard Management Group Inc. violated the Fair Housing Act by telling the family that they had too many people living in their rental townhouse, and they threatened to evict them if they didn’t reduce the number of occupants. The HOA and manager said they had a policy that allows only six people to live in a four-bedroom home.

HUD says it investigated, and a policy that allows only six people in a four-bedroom home prevents a “significant percentage of Florida families” from renting one of the homes.

According to HUD, the family signed a one-year agreement to lease a home. After they moved in, however, the Kings Lake’s manager told the family about the occupancy policies, and that they were out of compliance. Three months later, the family received a letter from the HOA’s attorney saying that them that King’s Lake would begin eviction proceedings if they didn’t comply with the county’s occupancy standards within 30 days.

The HOA agreed to stay the eviction while HUD investigated the family’s complaint, and the family remained in the townhouse for another year before purchasing a home and moving out.

HUD’s investigation found that the policy remains in place.

“Homeowners associations and management companies have an obligation to ensure that their occupancy standards do not violate the Fair Housing Act,” says John Trasviña, HUD assistant secretary for fair housing and equal opportunity. “HUD is committed to taking action against anyone who unlawfully denies housing to families because of the number of children in the family.”

HUD investigates approximately 10,000 housing discrimination complaints annually.

Poe & Associates Realty Llc
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