any one knows why Monte Vista Condos are suing the developer?

Orange10
Home Buyer
Hayward, CA

condos in hayward

Answers (5)
Best answer: Grace H. Mor…
First to answer: Jes Sierra,…
Grace H. Morioka
Agent
Cupertino, CA

Hi Orange, and thanks so much for your kind note.

Why don't you give me a call or write to me personally. Let me see if, perhaps, I can find the management company for Monta Vista Condos, and can get you the information that you need. I know almost all of the management companies here in Northern California having been in this area for such a long time, and might be able to get some additional information for you. Click on my profile here on Trulia (you can even just click on the picture) and you'll be given my contact profile page where you can send to me emails and let me know how to reach you.

Many thanks!!

Sincerely,
Grace Morioka, SRES, e-Pro
Area Pro Realty
San Jose, CA

Sat Oct 10 2009, 12:27
Orange10
Home Buyer
Hayward, CA

Grace
Thank you. I have tried to get the disclaimer from the bank agent but unfortunatly he did not know about it & have not gotten back to us.
I was walking around the complex & one of the owner told me go see the disclaimers before you place an offer. There are 3 more similair apt for sale & the statues is pending.
I am looking to buy something around $160k cash & this one in Newberry in hayward was $160k.
If you have anything listed in cupertino please let me know. hsayedi@yahoo.com
I am looking for a two bedroom or one bedroom with attached garage.

Fri Oct 9 2009, 06:02
Grace H. Morioka
Agent
Cupertino, CA
BEST ANSWER

Hello Orange and thanks for your post.

Unfortunately, 99 percent of all lawsuits against the developer are due to "construction defects" within the community. However, it's important to determine what, exactly, is the source of the problems. "Construction defects" can be as small as windows with broken seals to problems as great as the building is sinking. Once the homeowners association commences a lawsuit against the developer, home sales come to a halt since most lenders will not fund loans for any homes in which a community has commenced or is in the process of litigation. So if the home that you want to buy has started litigation, be aware that your lender may not be willing to provide a loan due to the lawsuit.

To learn more about the nature of the lawsuit, contact the listing agent and owner. Only the owner of the home may request information from the homeowners association, and the HOA may be the only entity with answers right now.

Good luck!

Sincerely,
Grace Morioka, SRES, e-Pro
Area Pro Realty
San Jose, CA

Fri Oct 9 2009, 00:51
Orange10
Home Buyer
Hayward, CA

i have requested the dislosure paper work, thought i can save some time askinh here.

Thu Oct 8 2009, 15:19
Jes Sierra, B.S...
Agent
Chino Hills, CA
FIRST ANSWER

Hi Orange10

You need to talk to the residents or owners in the community.
See if any of the residents or owners are outside and tell them that you are interested in buying a condo, but heard that they are suing the builders
Check and see if that is affecting the HOA in any way.

Hope this helps,

Jes Sierra, B.Sc.
Realtor®

Thu Oct 8 2009, 14:47

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