BAY COLONY CLUB REALTY REPORT AS OF 9/30/12

Total # 2 BR for sale:  8

High         $259,990
Low          $189,000
Median      $231,950

Sold 2 BR YTD:  17      LP/SP*         Days on Market
High         $200,000          84%                60

Low          $145,100           100%                 6
Median    $165,000           92%                  118

Total # 1 BR for sale:  3

High      $147,990

Low       $139,000

Median  $141,000

Sold 1 BR YTD:  3          LP/SP*         Days on Market

High       $111,000                96%                106                                                                            
Low        $87,000                  79%                9
Median  $104,000                89%                20       
*LP/SP = Sales Price divided by Listing Price, or what % of the listing price was actually paid.

Information provided by Margaret Matinale, Lic. Associate Broker, Galleria  International Realty, 954-298-2527, fax: 954-771-7367, email: margesells4u@yahoo.com

BAY COLONY CLUB CONDO - ACCEPTABLE BLOG COMMENTS

Some anonymous contributors have used the blog "Comments" feature to try and publish personal attacks on other BCC owners, Board members and employees.  Totally unsubstantiated allegations of various improper, immoral, unlikely and/or impossible acts have been received.

The blog is maintained as an informational source for readers and a platform for publishing concerns and complaints about BCC and BCC's operation.  Comments which are anonymous or use an alias and contain personal attacks or unsubstantiated allegations will not be published.  Concerns, complaints and opinions about BCC's operation are always welcome, anonymous or signed.

If you want to malign  or accuse somebody, sign it with your name and/or provide hard evidence.

Sometimes things slip through, so, if you feel you've been the victim of a published personal attack, please let us know.

BAY COLONY CLUB REALTY REPORT AS OF 8/31/12

Total # 2 BR for sale:  12

High         $299,990
Low          $178,800
Median      $194,495

Sold 2 BR YTD:  13      LP/SP*         Days on Market
High         $200,000          80%                190

Low          $145,100           100%                 6
Median    $160,000           91%                   122

Total # 1 BR for sale:  0

Sold 1 BR YTD:  3          LP/SP*        Days on Market

High       $111,000                89%                20              
Low        $87,000                  79%                9
Median  $104,50                  87%                19       
 

*LP/SP = Sales Price divided by Listing Price, or what % of the listing price was actually paid.

Information provided by Margaret Matinale, Lic. Associate Broker, Galleria  International Realty, 954-298-2527, fax: 954-771-7367, email: margesells4u@yahoo.com

BAY COLONY CLUB CONDO - SEPTEMBER 27 BOD MEETING - COMMENTARY

The major board actions (as noticed on the agenda) of outsourcing grounds maintenance and changing security providers managed to drag an additional 7 people out to the meeting for a total of 29 attendees.  (August's meeting had 22 attending.)  Significant actions at the meeting were:

1. Security contract moved to Allied Barton as of December 1, 2012 at an annual cost of $271,253
2. Rec 3 roof to be replaced by DEK Roofing for $29,775
3. Replacement of the Rec 4 ice machine for $3,220 was ratified
4. Landscaping and irrigation is to be outsourced to US Lawns at an annual cost of $119,289
5. Pool maintenance is to be outsourced to Sparkling Pools & Spas at a cost of $1,350 per month.
6. Rec 1 pool to get new Diamond Brite coating for $6,500
7. Treasurer Jack Israel again said that we will probably face increased maintenance charges next tear in order to get needed and delayed maintenance done.  Still no indication of the amount of increase.

For additional details and an interesting letter to the Board, go to:

https://docs.google.com/file/d/0B5HHQLxes8EZbkpyTHlVVXR3dms/edit

After clicking on the link above, you can read Bev Houston's latest Informer for BOD meeting details.

BAY COLONY CLUB CONDO - AUGUST 23 BOD MEETING - COMMENTARY

Considering it was late August and all or snow birds are out of town, 22 attendees at the meeting is better than could be expected. 

Treasurer Jack Israel said that we will probably face increased maintenance charges next tear in order to get needed and delayed maintenance done.  No indication of the amount of increase.

Purchase of new ID wristbands and adaptation of revised Rules and Regulations postponed pending legal opinions.

Allowing overnight parking of personal use pick-up trucks to be included in the proposed amendments to BCC's Documentation.  Other "undesirable" vehicles will continue to be banned.  (No scooter for Sam?)

For all the nitty/gritty details, go to:

https://docs.google.com/file/d/0B5HHQLxes8EZbkVDRkRBck9ENFE/edit

After clicking on the link above, you can read Bev Houston's latest Informer for BOD meeting details.

Bay Colony Club Codo - House Cleaning?

Some long time employees have recently been fired to the dismay of many residents.  It is very hard to find reliable help who show up when scheduled and put in a days work.  Were these firings justified?  Is there some hidden agenda being pursued?

What's your opinion?