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Tuesday, July 31, 2012

Community interaction


Hi Resident,

Great idea's however my main concern is getting the siding done and to maintain a fiscal budget.  I am more than willing to volunteer my time for yard duties etc.  We can not and should not be spending money on other projects until the siding is moving forward.  I would be more than happy to do yard work there and help in anyway I can to prevent spending. 

Watersedge has to get the siding done.  What many owners concern was how?  We were misrepresented from the start.  Enough said there because I could write an interesting essay.

Here is what is needed at Watersedge to help the community:

  1. Cost of construction report detailed with expenses of labor, materials, and General Contractor John Gilmore fee.  This should be at the clubhouse so owners can see not just at RPM.
  2. Delinquency numbers current.  Before we went to $350.00 a month the percent was about 25%. 
  3. Foreclosure issue.  The property values have dropped not just because of Clark County's real estate market.  There absolutely needs attention here so we can get the values back to at least the year of 2002.  This starts by preventing foreclosures because the properties are liquidated.  There may be one next door or close to you because I saw a BPO being done on Saturday someone took a picture in the grass area of the C building. Foreclosures are a major problem and the values are not down just because of the siding.
  4. Communication is also one of the biggest problems at Watersedge so people just let there place go instead of being informed.
  5. There needs to be leadership there.
Also the way construction was moved into place so to speak most likely did not meet the overall community with what people who live there can afford.  Many other condominiums did things like this differently to prevent foreclosures.  As people can not afford their HOA payments they also stop paying the mortgage which creates a negative impact on the reserve account and it could even impact the operating budget at Watersedge. I have watched people live here for 3 years and not make a HOA payment or their mortgage payment..... it has to stop!  When they stop paying it impacts Watersedge real bad.  The foreclosure issue, the construction issue, the communication issue needs to be addressed.  The foreclosure issue impacted America and now the real estate market is improving, the market has corrected and Watersedge needs some leadership skills so this can be addressed because if not their will be more and more.  I did my own research on the county website and looked at all owners their and there will be some more coming and I bet there is one next door to you and I.
Thanks for reading.  If you foresee any types of ways of creating volunteer work let me know.  We could have a garage sale and generate money to buy bark dust and get people like me shoveling it.  We could do lots of things to get things done.  And we do not necessarily need to be spending money from the reserve account.

Best regards,


Bret Bucher

Wednesday, July 11, 2012

"Friends of Waters Edge"

We the "friends of Watersedge" were able to defeat the third party people who asked the owners to foreclose and move on.  Well I am back and I am asking our citizens to get involvled due to another issue that is going to unboil.  This is a very serious issues and we The Friends Of Watersedge are going to step up to the issue and explain it before it gets unexplained with the secrecy club.  So help me take our property rights back.  Their are 3 ways of doing this.  This is a solution.  This takes a community to rebuild a commuity and I need your help.  Thank you very much for reading.

Three steps to rebuild a community is:
1.  Communication with the board of directors.  We as owners have zero communication from my neighbors unit that was broken into by a robber to construction that halted 9 months ago.
2.  We can have the financial records reviewed by a Certified Public Accountant the speaclizes in fraud and fraud investigations.
3. Rebuild the board and bring back our community.