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Florida condo lawyer on the fate of Florida condos | 60 Minutes

  Рет қаралды 88,536

60 Minutes

60 Minutes

Жыл бұрын

“The days of grandma and grandpa, who are solely on social security, coming to Florida and thinking that they're going move into a condominium, that's gone forever,” says Florida condo lawyer Eric Glazer.
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Пікірлер: 91
@hondamoto-rb6bk
@hondamoto-rb6bk Жыл бұрын
Don't buy into a condo u have no control over the maintenance aspect ...that's a death sentence
@alvaro0317
@alvaro0317 Жыл бұрын
There should be laws against all corrupted condo members whom steal money needed for those repairs
@ahanna4396
@ahanna4396 Жыл бұрын
What are you talking about, they do get prosecuted. You really need to stay current with the current events.
@SeattlePioneer
@SeattlePioneer 4 ай бұрын
The most common problems is not condo boards stealing money but cheap condo owners refusing to pay for critically needed repairs.
@reginafisher9919
@reginafisher9919 26 күн бұрын
Exactly this is crazy
@jameshisself9324
@jameshisself9324 Жыл бұрын
The sad truth is that the HOA dues will need assessments added that will triple, quadruple their normal fees or probably much higher. That prices many limited income retirees out. The Florida retirement dream is over.
@Patrick_Ross
@Patrick_Ross Жыл бұрын
The chickens have come home to roost. Any condo owner in Florida with half a brain has already sold and moved to another state.
@freetheworld12
@freetheworld12 5 ай бұрын
they are really socking it to condo owners , that's so bad
@reginafisher9919
@reginafisher9919 26 күн бұрын
It's been over for 20 years
@LMays-cu2hp
@LMays-cu2hp Жыл бұрын
Thank you for sharing.
@MS-ty8eq
@MS-ty8eq Жыл бұрын
I know my parents aren't living in these timebombs. Good luck to all who do.
@KurilianCanine-rx2tf
@KurilianCanine-rx2tf 2 ай бұрын
Any apartments condos that are made thus large will crumble in a couple of years. The structure is too heavy which can also lead to more problems underground. There is so much waste material from each apartment or condo makes it worse and also the upkeep .they do not inspect these buildings that often
@michaelrief4424
@michaelrief4424 3 күн бұрын
The Florida legislature didn’t address the primary causes of the problem: Developers building and selling of units whenever repair costs escalate. Dumping older buildings onto unsuspecting buyers who are unaware of the pending major repairs due. Developers buying up older buildings and demolishing them and the cycle starts over again l
@reginafisher9919
@reginafisher9919 26 күн бұрын
Living by the beach with all that salt water roads the buildings like 10 times as much as anywhere else, you have to be rich to live in a condo and afford, all those fees for the upkeep, they haven't been charging the fees they needed to be charging for the past 30 years that's why people were able to live their cheap now they have to, that's the problem the people prior for the last 30 years haven't been paying enough to cover these problems!!!
@DavidPerez-oj2dv
@DavidPerez-oj2dv 3 ай бұрын
FUNNY BUILDINGS IN NY ARE OVER 150 YEARS OLD
@DuffyGabi
@DuffyGabi 5 күн бұрын
It’s called salt from the ocean’s proximity.
@kitcoffey7194
@kitcoffey7194 Жыл бұрын
We need more quality, safe affordable housing, NOT luxury housing. These developers better learn what "make it up on volume" means. we're going to have millions of homeless people very soon in this country, we already do, but climate extremes are going to make it far worse. "developers" better learn what "make it up on volume" means.
@Erosis
@Erosis Жыл бұрын
Unfortunately, there's little money in developing low-income housing. Developers don't care about the homeless.
@theobserver9131
@theobserver9131 Жыл бұрын
Speaking of climate extremes, Florida is going under. Buying property in Florida is the definition of stupid.
@tchakaowen-realestate6604
@tchakaowen-realestate6604 Жыл бұрын
@@theobserver9131 think through that a bit.....
@fixitright9709
@fixitright9709 Жыл бұрын
@@Erosis well some money will be better than no money, or they can join the homeless camps.
@user-tq2uv6cc6k
@user-tq2uv6cc6k 5 ай бұрын
And this is why some people go to other countries and buy condominium. The only thing is very expensive. I hope Americans can do better to take care of the buildings.
@christinajohnson3378
@christinajohnson3378 Жыл бұрын
Someone should go to jail for this. Retail employees go to jail for injuring someone they caught stealing. Truck drivers go to jail for killing someone if their brakes fail. I just heard of someone going to jail for using sick time when they weren’t sick. Whoever is responsible for this should be no different, they should go to jail. These people know they shouldn’t be building on land that is not meant for building, they are supposed to be professionals and experts at building these structures.
@BeantownToBigD
@BeantownToBigD Жыл бұрын
The video begins by stating it's an issue of deferred repairs. Residents vote for/hire condo board members who then defer major expenses to keep a lid on fees/dues.
@jameshisself9324
@jameshisself9324 Жыл бұрын
The people who designed and built it are all dead. No jail time from the cemetery.
@Patrick_Ross
@Patrick_Ross Жыл бұрын
@@BeantownToBigD - not any longer. Florida HOAs must be fully funded starting in 2025. They’d better get off the stick and start raising the monies needed.
@SeattlePioneer
@SeattlePioneer 4 ай бұрын
If you are a condo owner, you can probably find the culprit by looking in the mirror. Many condo owners vote for board members who wont raise condo fees to fund needed repairs, so the repairs aren't done.
@katarinaroufka5342
@katarinaroufka5342 Ай бұрын
These buildings are maybe built in verry low quality. In my city Prague (Europe) we have condo in building which is 80 years old we did not need to make repairs. Many buildings have here more than 100 years and they do not need repairs just painting from outside. I can not hear even neibourghs, nothing.
@pbwmanagement
@pbwmanagement Ай бұрын
Unfortunately, this is America, Money, followed by greed, with corruption thrown in equals speedy and often shoddy construction. Also note that building structures with 100 year life span does not keep people gainfully employed. For sure we can build quality, just the money men insisting that we don't. Knowledge gained from 40 years project managing tall buildings across North America, my advice, stay away from HOA's and condo's
@kitcoffey7194
@kitcoffey7194 Жыл бұрын
The rent/mortgage/maintenance is too damn high!! Turns out we actually need national housing codes and building regulations instead of using "regional differences" as an excuse for mediocrity. If something is too important to have to move state lines to get (ie SHELTER), it should be codified across all 50 states. And if you can die from lack of something, like health care or housing, it should be a human right codified in our Constitution.
@paulathepoodlelover
@paulathepoodlelover Жыл бұрын
Unfortunately, those who build on the sand are vastly different than those who build on bedrock. Therefore, a "national plan" as you suggest really doesn't work.
@mencken8
@mencken8 Жыл бұрын
Yes, get in the line of thousands of people who want ‘X’ to be a Constitutional right, but don’t have a single clue as to how those things would be funded…..
@malessacooper6329
@malessacooper6329 8 күн бұрын
It is an Constitutional Right, already. Folks that says it is is not is either Stupid or Liars and neither is a good look.
@ashdobbs
@ashdobbs 22 күн бұрын
I know first hand these condos weren't built to code in the first place. they are unsafe, no amount of assessment fee will change that. as storms increase with frequency and power these buildings will fall like jenga towers.
@Galworld761
@Galworld761 7 күн бұрын
Cocaine money financed these buildings.
@RoyalKennedy601
@RoyalKennedy601 Жыл бұрын
Sometimes crooked board members padding prices getting kickbacks
@SeattlePioneer
@SeattlePioneer 4 ай бұрын
Are you attending board meeting and asking about bidding procedures and bids? Or just doing nothing, giving officers the opportunity to abuse the trust given to them?
@mphil3051
@mphil3051 6 ай бұрын
If you have a condo only two stories, especially close to the beach, then your values went up really big.
@ZMAN_420
@ZMAN_420 Жыл бұрын
What a disaster? How does this happen? Oh yea corrupt politicians, contractors, building inspectors and so on. SMFH!
@talk3194
@talk3194 Жыл бұрын
Sea Salt actually. It’s not rocket science.
@ZMAN_420
@ZMAN_420 Жыл бұрын
@@talk3194 Yea no sht. But who lets salt just corrode the sht out of the building? Where the buildings build correctly to code in a salt water, hurricane proned area? Thats what state inspectors are for.
@talk3194
@talk3194 Жыл бұрын
@@ZMAN_420 My Grandma could tell you that any building over 30 to 40 years old built by the ocean is corroded and structurally unsound. These buildings are not repairable. That is why the drug cartel and mafia are going to swoop in and buy them up and tear them all down.
@talk3194
@talk3194 Жыл бұрын
@@ZMAN_420 You have to look at geography. Florida is basically a swamp. And yes, Florida’s politicians are just as swampy.
@jameswaters5638
@jameswaters5638 Жыл бұрын
didn't have anything to do with corruption. just gross negligence on the part of condo board.
@williamfugatt5003
@williamfugatt5003 9 күн бұрын
i worked on those buildings they are assessed by engineers that own the company's that repair them money go back to the management company manager told me when they get equity we take it back in assessments
@MichaelBrown-ny3et
@MichaelBrown-ny3et 5 ай бұрын
Unless you’re very wealthy, and have lots of cash for updating, repairs, insane insurance costs, and sky high property taxes, I wouldn’t move to Florida.
@Steeeve_
@Steeeve_ 4 ай бұрын
Will developers who rent out an entire building have to keep the same reserves?
@celestialtl
@celestialtl 4 ай бұрын
Florida Is paradise. Trump will open Lago VISTA for old veterans to live out their final days.
@MexiMelt1988
@MexiMelt1988 Жыл бұрын
rewives bethenny
@Overit1975
@Overit1975 Жыл бұрын
FLORIDA is a hot mess.
@freetheworld12
@freetheworld12 5 ай бұрын
its getting worse than ever
@alwedworth
@alwedworth Жыл бұрын
Too funny!
@gl241
@gl241 Жыл бұрын
They chose to live in Florida, their problem.
@greenspointtx5656
@greenspointtx5656 Жыл бұрын
Gotta love US Americans! If the building hasn't imploded then it must still be safe!
@jameshisself9324
@jameshisself9324 Жыл бұрын
Not exactly, are you on drugs?
@greenspointtx5656
@greenspointtx5656 Жыл бұрын
@@jameshisself9324 🤡
@jameshisself9324
@jameshisself9324 Жыл бұрын
@@greenspointtx5656 Ahh, your just a clown. Got it. 👍
@greenspointtx5656
@greenspointtx5656 Жыл бұрын
@@jameshisself9324 You already exposed yourself jimmy 👀🤣
@jameshisself9324
@jameshisself9324 Жыл бұрын
@@greenspointtx5656 Keep your sexual exploits to yourself please
@aidasoto2936
@aidasoto2936 Жыл бұрын
The people of Florida can sue the government state and all related to the structure, territory of the structure and the lack of maintainance. Additional the negligence and irresponsibility of the profesionals licence, if there is someone without licence or not profesional degree is worst worest nightmare. La excusa y la justificacion para hacer estructuras de cristal y acero no es aceptable. Las vidas son mas importsntrs que las estructuras. Las personas en la florida deben ir demandando al estado y a todo y todos los relacionados. Ya dejaron saber la razon de no protejer y hacer las cosas mal. La gente es primero. La prioridad ahora es ubicar de forma segura a las personas que se quedaron sin hogar, y que esten bien de salud y bien alimentadas e hidratadas y cuidadas no importa la edad es a todos por igual y evacuar a todos inmediatamente. Investigar quienes estan detras de esas viviendas y estructuras de lujo de cristal y acero, eso es al mismo al estado y todo lo relacionado y a todos los relacionados con el asunto de esas estructuras en peligro y las nuevas de lujo. By the way como es que tan rapido aprueban esas leyes en la florida....es impossible Por lo mismo: En el senado o Camara o gobierno local o sea esos legiladores y representantes, tienen licencia o certificados en construccion? Saben de codigos? Se asesoraron con ingenieros y arquitectos? Lo mas importante han tomado decisiones y no escucharon a la gente perjudicada.? Si la mayoria de los perjudicados aceptaron volver por nuevas y lujosas estructuras....puede decir que si, es entendible, pero eso de lujo estaran bien? Otro factor y de donde sale tanto dinero de lujo? Del dinero de quien y quienes? Del dolor y sufrimiento de quien y quienes? Según Santisdemonious , Lei por youtube en algun sitio que quiere poner oaneles solares gratis a las personas a toda estructura, y de donde saldra el dinero de que cuenta de cuales cuentas bancarias? Quienes se perjudican? Para mantener una aparienvia de gobierno incompetente y lleno personas incompetentes, irresponsables y negligentes acabando con el vivir al resto de las personas, del resto de los ciudadanos. The citizens WE THE PEOPLE OF THE UNITED STATES LA GENTE ES PRIMERO EVACUEN LA FLORIDA SI ES NECESARIO. HAY GENTE QUE VAN A PASAR UNAS NAVIDADES ESPERANDO UN ENGAÑO DE PARTE DEL GOBIERNO VIVIR CON LUJO. EL LUJO NO ES PRIORIDAD. SE VIVE CON LO QUE SE PUEDA. SE ESTA ACABANDO EL PETROLEO ESA ES LA REALIDAD INMEDIATA Y NO SE PREPARARON PARA EL CAMBIO. EL MUNDO ESTA PAGANDO POR SUS NEGLIGENCIAS E IRRESPOSABILIDAD. PAREN Y DESISTAN ENTREGUEN EL GOBIERNO NEFASTO DE LA FLORIDA ASI COMO LO DEJARON. SE LO TIENEN QUE ENTREGAR AL PUEBLO. AL PUEBLO "TO THE PEOPLE" TO YHE PEOPLE OF THE UNITED STATES. BUT IF ITS COUNTRY OWN TO SOMEONE ELSE THE SOMEONE ELSE GIVE TO ALL OF YOU THE BREAK, THE CHANCE TO SHOW TO SOMEONE ELSE ALL OF YOU CAN DO IT BETTER, BUT THE REALITY AND THE ANSWERE IS ALL OF YOU DID ALL WRONG... SO THAT SOMEONE ELSE ARE GOING TO CLAIM EVERYTHING BELONGS TO "SOMEONE ELSE" CAN ALL OF YOU GESS? HAPPY HALLOWEEN HAPPY BIRTHDAY HAPPY THANKSGIVING HAPPY HOLLYDAYS HAPPY HAPPY HAPPY 😊 😃 😀 😄 😁 HELLOWWWWWW Bring it all back to the real owner "SOMEONE ELSE" "MOST AND MUST HAVE TO GESS".
@oogabooga7882
@oogabooga7882 Жыл бұрын
us looters is squatters👍 car jack the neighbors😂
@RoryL83
@RoryL83 Жыл бұрын
That's a what a state run by DeSantis looks like.
@SeattlePioneer
@SeattlePioneer 4 ай бұрын
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