A tale of two- do nowt – get nowt- Lorain

June 19, 2017 at 2:02 pm Leave a comment


Part One– https://thatwoman.wordpress.com/2017/05/11/a-tale-of-two-city-houses-downing-of-quality/
Part Two– https://thatwoman.wordpress.com/2017/05/13/a-tale-of-two-continued-lorains-cast-offs/
Part Three – https://thatwoman.wordpress.com/2017/05/16/a-tale-of-two-a-tale-of-woe-lorain/
Part Four- https://thatwoman.wordpress.com/2017/05/22/a-tale-of-two-the-who-the-how-why/
Part Five- https://thatwoman.wordpress.com/2017/05/24/the-tale-of-two-the-how-supporting-cast/
Part Six- https://thatwoman.wordpress.com/2017/05/29/a-tale-of-two-the-why-land-of-iz-not-woz/

And here we go back onto the non express journey of one of the two properties used in this series. This house has a lot of history!
https://thatwoman.wordpress.com/2016/08/26/when-vision-is-cloudy-property-holding-llcs-ny-times/

May 2012-
1348 West Erie ,located on the entrance way to Lorain’s entertainment and business district ( also a bit of an oxymoron), has had a plethora of news articles, blog posts, discussions and yet today sits pretty much in the same condition as it was ( except this week the grass was cut and the window in the attic closed the door in the garage is still wide open !)but apparently some repairs were made in a couple of years of back and forthing – roof not being one of them

Oh! complaints were made for years- the Morning Journal used it as an example in their Point of Sale post – in 2014
http://www.morningjournal.com/general-news/20140620/lorain-house-sets-record-with-45750-escrow-requirement

realtors squabbled – this is why you will never sell another house in Lorain brigade -( Point of Sale) Well that didn’t stop the owners of 1348 West Erie – what is the point?????

Another bank dump from Fannie Mae and past the date of Point of Sale –
https://thatwoman.wordpress.com/2015/09/24/the-housing-tale-a-history-not-a-mystery-just-bank-business/

the point being they didn’t go through POS and a journey to the court room for the “housing court” – but that is only a misdemeanor .. cost of doing business?????? ( $110)


Sale Date: 2/3/2015
Sale Amount: $0.00
Conveyance: 2015090327
Grantor: FEDERAL NATIONAL MORTGAGE ASSOCIATION
Grantee: KAJA HOLDINGS 2 LLC

The Kaja journey continued in 2015 they spent a great deal of time wasting paper and man hours ( for which we the tax payer are footing the bill) in housing court

We had two different attorneys for Vision/ Kaja and the last attorney James White stated to me in August 8th of 2016

Several of the violations to the exterior have been repaired. The City’s required escrow to perform the repairs has been deposited with an escrow agent with repairs to follow.

Oh good something has happened at last thought I…… what happened was the property changed hands again to

Prosperity Investment Fund LLC – and on the 3/3/2017 it was back on the court docket now this becomes a little confusing because the auditors site has Kaja Holdings selling to Prosperity Investment Fund LLC – on 1/10/17 for the sum of $30,000 dollars– This LLC came into being 8/29/2016

The City of Lorain filed in Housing Court 03/03/2017 a charge that a certificate of Inspection was required and the defendant was Prosperity Investment Fund LLC and taxes are and were still owed
Delinquent Special Assessment: $952.02
Unpaid Taxes: $2,074.78
Full Tax Year: $5,327.83
Total Taxes Paid to Date: $0.00

But wait for it on the 15th of June 2017 we have another LLC coming into play 2/13/2017 FICC Realty Holdings LLC – and the property ( which still owes taxes ) being sold ? ( transferred) according to Auditors site just 4 days ago from this writing .

It seems we have another attorney in the line of attorneys…
CARMINE CAMINO
55 PUBLIC SQUARE, SUITE 2100
CLEVELAND,OH 44113

Effective Date: 02/13/2017 Attorney Camino was the registering agent for both PROSPERITY and FICC REALTY LLCs

So here I sit with a plethora of court dockets, inspection certificates, paperwork, news articles , trips to City Council – emails to Administration and attorney’s galore since the story broke in 2012 ( five years on) but the steps in this ongoing property saga are as broken as the one leading to 1348 West Erie Ave.

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Entry filed under: a Cow -elle opinion, hell is other people, Lorain Multi Property Owners. Tags: , , , , .

June 3rd – Coma – Chris Ritchey

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