Thursday, December 30, 2010

With the new year upon us we want to reflect on the Condo Crisis

The Condo's that have been damaged by the recent actions of the very agencies that are citing them for nothing less then a lack of money. That is what the end of this blog is going to state. Let get to how they don't have any moneny.

Yes the Condo's have no reserves because not enough people are paying their required dues. This includes the EVERYONE, Banks, Fannie, FHA, Freddy, Investor owners grandma & pa.

Why because the markets are not addressing this issue let alone discussing it. So when someone says X cities condo market they are not including the financial health of the Condos. Hence 25 thousand Condominiums just lost FHA underwriting. Which means that what 200 thousand (+) units are not as sellable.
BTW I have to ask. In the Condo's that are delisted and FHA is the owner via default of their note holder. How is FHA going to sell their units if they cant finance them?

This will be the same undoing for all the Condos in the US that are required to recertify with Fannie, which they where by eoy 2010. If the condo is not getting all the assessments in the checking account they are not paying all of the bills.

The budget of a condo (if it was done right) is a line by line numeric rendering of the cost to run their condo. Each line item corresponds to an obligation sited in the community documents that is payable to a vendor of some sort to carry out at x cost.

So right now FHA is asking about reserves and most communities are just trying to figure out how to keep some utility or another from cutting them off. All they while they face fines from authorities on all levels for not doing such and such mostly caused by not having the funds to do it in the first place.

We need to have an adult conversation with everyone Agencies, Congress, Communities, Developers, Lenders,  and anyone else that feels they have meaning ful input to the realities that these Condo's face aka State of these Communities

BTW if your a Condo and what some help with Community Collections on Past due assessments try something besides lein & foreclosure to solve this issue and help reward those that are paying on time.

Friday, November 12, 2010

Some big announcements coming

Just wanted to let the world know that we are in the process of recruiting some brilliant minds to our board and as consultants and look forward to seeing them become active agents in the great change we think is happening in communities.

One of the roles we believe that the International Community Association will serve is to offer a collective wisdom (that has real world experience in Common Interest Communities) to the communities themselves as well as local state, federal and international agencies, governmental bodies, and NGO's.

This is not just a US issues after spending two days with members of the US Government, World Bank and various international NGO's at Tech@State / CivilSociety 2.0 it is plain to see that development the world overs is being carried out as common interest communities.

The ICA is now ready to serve and offers over 100 years of direct community service to draw from to help the condominium, cooperative, single family & townhouse owners the world over.

Thursday, October 21, 2010

We call upon District CIC's to stand and speakup

The Public Service Commission and the Utility Pepco have not done one impact study or even one outreach attempt to the Boards of Condominiums Cooperatives, Single Family and Townhouse Associations about the impact of these smart meters or any other issues that the Public Service Commission has ruled upon over the last few years.

To these Common Interest Communities CIC!  

We are calling up on the residents of CIC to meet with us before this meeting and then to attend it with us as a collective voice of the Common Interest Communities of the District of Columbia.    DC CIC's need to be part of this process now and any going forward that are going to have any impact on their collective and individual Interest.

The ICA provides that vocie and if you are reading this because of a recent mailing a special welcome.  Now join us.

Public Hearing Notice 
October 27, 2010

Council of the District of Columbia
Committee on Public Services and Consumer Affairs
Notice of Public Roundtable
1350 Pennsylvania Avenue, NW, Washington, D.C. 20004
____________ _________ _________ _________ _________ _________ _


Announces A Public Roundtable


PR 18-1070: Board of Industrial Trades Richard Jackson Confirmation Resolution of 2010, 

PR 18-1071: Board of Industrial Trades Shell Carter Davis, III Confirmation Resolution of 2010; and 

Deployment of Advanced Metering Infrastructure in the District of Columbia (Smart Meters)


Wednesday, October 27, 2010
1:00 p.m.
Room 500
1350 Pennsylvania Avenue NW

If you are interested in participating please let us know about your community by answering a few questions and reviewing some information we have about the public service commission and their interactions with CIC in DC. We will have a downloadable white-paper on Smart-meters and CIC's before the meeting. 

Monday, October 11, 2010

ICA is launching a Community Manager Project

CommunityManagerPoject is gong to be a major undertaking of ICA and we welcome anyone to ask, comment or participate if you think the idea of training Veterans to be community managers is one of the best ideas in a long time then what are you waiting for.  Join US.

Friday, October 8, 2010

Just to catch folks up on our Vet's job plan.

Our major project is the Community Manager Project.  This started for us back in the Bush Adm in when our Chairman Nelson Jacobsen was asked to take part in the Coming Home Project under VA Sec Nicholson.   During this project Nelson presented information about the need to fill thousands of vacant community manager positions.   More importantly that some kind of training be establish, since there is no academic or technical training available to independently train American job seekers in Residential Property Management.
Our present plan is to select a community college in the Washington Metro area to start a two year program. We will be looking to specifically bring Veterans into this programs.  With the idea that these individuals have already received excellent training and that with the additional skills and knowledge the CMP will impart to them will make them highly sought after candidates for a occupation that will serve them a lifetime and the communities that their VA loans are placing them in now.   Visit our page for even more news

Wednesday, August 4, 2010

MetropoltianCloud - Google Docs

MetropoltianCloud - Google Docs

The International Community Association is pleased to blog that it will be working hand, blog, website and twittering to help everyone understand the Business of Cloud Computing and the value of the

Wednesday, March 10, 2010

The Storms of 09/10 and the impact on communities.

The ICA is currently working with a number of communities on storm damage to unit owners homes and common area elements that one in particular stands out as the worst train wreck of conditions and the best possible community  to deal with them  we are going to follow this community and hopefully make some of their hurdles a bit lower and help other community that are dealing with or will be dealing with at some point in time.

So for the sake of naming the community I will call them CondoX  and for the time being well just leave it at CondoX.  Basically the names are not important its the issues and answers that we all can gleeme from this experience.

So please  back to see what happens and we'll be providing a link to a separate site for the fully immersion into CondoX

Monday, March 1, 2010

Declaration of ICA

ICA, Intercommassoc International Community Association

Represents the owners in Condominium, Cooperative Townhouse & Single Family Homeowner Associations from all over the globe.