Recent Sales

 1 Bedroom 1 Bath 670 Sq. Ft. Sold 74,500 List Price $77,800 by a licensed appraiser. This was a REO Sale. 31 Days on the Market

2 Bedroom 2 1/2 Bath 1166 Sq. Ft Sold $90,000 List Price $94,500 Distressed Short Sale Property. 249 Days on the Market.


Waters Edge is a very nice piece of real estate in a great location. The HOA is replacing the siding. If you have any questions please feel free to contact Bret Bucher at your convenience, 360-600-5555.
Bret Bucher, Broker, Realty Pro Inc,
** Equal Housing Opportunity**

Recent Real Estate activity at Waters Edge 13216 Ne Salmon Creek Ave Vancouver WA

Call Bret Bucher 360-600-5555 with questions regarding these units Realty Pro Inc. Broker       * Equal Housing Opportunity*
www.bretbucher.realtyproweb.com
Call me with questions. Thinking about selling call Bret
Your Neighborhood Pro and Real Estate Excellence! Do you have a question about the HOA call Bret 360-600-5555. Never too late never too early lets get your questions answered.


H3 Sold 01/26/2015 $79,900 11 days on the market 960 Sf Two bedroom 2 bath Detached Garage 

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R2 Sold $60,500 11/24/2014 48 days on the market. 670 SF One Bedroom One Bath Detached Garage
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H9 Sold $65,000 02/28/2015 56 days on the market. 670 SF One Bedroom One Bath Detached Garage
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R4 Sold $83,000 06/30/2014 39 days on the market 960 SF Two Bed Two Bath Detached Garage
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Town Home Style Condominium Sold $88,000 08/27/2014 27 Days on the market Two Bedroom 2.1 Bath Attached Garage

To Watersedge home owners:

For your information and some clarity.  All records concerning a project with a "licensed contractor" have to be at one place.  If any owner wishes to see files they are entitled to do so under the law 64.34.372 and they may also see "any" financial record as well.  The run around needs to stop and some very basic organization needs to exist.  

There is an indication of some very serious issues.  Please be positive as well with your response. 

"When you're acting as a fiduciary, you're serving in a representative capacity, and you must put the interest of the association's homeowners collectively first," says Michael S. Hunter, an attorney - Quote from http://www.hoaleader.com/public/206.cfm

*********************** Please read this from FTC.GOV:

Getting a Written Contract

Contract requirements vary by state. Even if your state does not require a written agreement, ask for one. A contract spells out the who, what, where, when and cost of your project. The agreement should be clear, concise and complete. Before you sign a contract, make sure it contains:

• The contractor’s name, address, phone, and license number, if required.
• The payment schedule for the contractor, subcontractors and suppliers.
• An estimated start and completion date.
• The contractor’s obligation to obtain all necessary permits.
• How change orders will be handled. A change order — common on most remodeling jobs — is a written authorization to the contractor to make a change or addition to the work described in the original contract. It could affect the project’s cost and schedule. Remodelers often require payment for change orders before work begins.
• A detailed list of all materials including color, model, size, brand name, and product.
• Warranties covering materials and workmanship. The names and addresses of the parties honoring the warranties — contractor, distributor or manufacturer — must be identified. The length of the warranty period and any limitations also should be spelled out.
• What the contractor will and will not do. For example, is site clean-up and trash hauling included in the price? Ask for a "broom clause." It makes the contractor responsible for all clean-up work, including spills and stains.
• Oral promises also should be added to the written contract.
• A written statement of your right to cancel the contract within three business days if you signed it in your home or at a location other than the seller’s permanent place of business. During the sales transaction, the salesperson (contractor) must give you two copies of a cancellation form (one to keep and one to send back to the company) and a copy of your contract or receipt. The contract or receipt must be dated, show the name and address of the seller, and explain your right to cancel.

Keeping Records

Keep all paperwork related to your project in one place. This includes copies of the contract, change orders and correspondence with your home improvement professionals. Keep a log or journal of all phone calls, conversations and activities. You also might want to take photographs as the job progresses. These records are especially important if you have problems with your project — during or after construction.

Completing the Job: A Checklist

Before you sign off and make the final payment, use this checklist to make sure the job is complete. Check that:

• All work meets the standards spelled out in the contract.
• You have written warranties for materials and workmanship.
• You have proof that all subcontractors and suppliers have been paid.
• The job site has been cleaned up and cleared of excess materials, tools and equipment.
• You have inspected and approved the completed work.

Where to Complain

If you have a problem with your home improvement project, first try to resolve it with the contractor. Many disputes can be resolved at this level. Follow any phone conversations with a letter you send by certified mail. Request a return receipt. That’s your proof that the company received your letter. Keep a copy for your files.

If you can’t get satisfaction, consider contacting the following organizations for further information and help:

• State and local consumer protection offices.
• Your state or local Builders Association.
• Your local Better Business Bureau.
• Action line and consumer reporters. Check with your local newspaper, TV, and radio stations for contacts.  
• Local dispute resolution programs.

For More Information

• Federal Trade Commission: www.ftc.gov

• National Association of Home Builders: www.nahb.com

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

"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.

Checks and Balances for improvement in a community.

Checks and balances

We the community of Watersedge are entitled as owners to see any type of financial records pertaining to construction budgets, any type of financial record by Washington State Law. You are an owner and you own Watersedge. Not a property management company and not an attorney firm.

The community absolutely is moving forward but is $350.00 a month creating more problems as each month progresses? June 2011 started building M. What was WEHOA reserves prior where are we today with construction expenses? Late July finished N building. The association made significant progress and re-birthed a community showing real positive growth.

We as owners need to see a budget that simply shows a cost break down for building M and N. As an example the budget will show all expenditures of labor, construction material, and General Contractor fee per building.

Troubleshooting problems is how we create a better community at Watersedge. We as a community need to troubleshoot the foreclosure problem here and also figure out the best scenario for replacing the siding and making the HOA monthly bill work out in a favorable fashion that meets the needs as a community like I have tried to help everyone out going back over 4 years. The Real Estate Market is improving and we need to improve our asset.

Is Watersedge under construction or facing the usual secrecy club?

We are seeing the bright yellow siding but many home owners are wondering the cost of construction? We were told $136,000 each on the M and N building. The owners are curious how the construction breaks down since there is no paper work provided. I guess you need a membership.