More than two dozen insurance companies being sued in federal court by 40 homeowners recently filed court documents asking a judge to dismiss the class-action lawsuit for a variety of reasons, including that the plaintiffs are only covered if their houses fall down.The motions to dismiss the lawsuit filed June 2 are adding to the dismay of the homeowners, who face living in potentially unsafe homes with plummeting values that can't be sold and would cost hundreds of thousands of dollars to fix.Many other homeowners besides those in the class-action lawsuit also have been told their policies only cover collapse and not cracking or crumbling, said Ryan Barry, a lawyer for the plaintiffs in the class-action lawsuit.Insurance companies later amended their homeowners' policies across the country in response to that ruling and other court decisions, changing the definition of collapse to mean an "abrupt" or "sudden" falling down, Barry said.While insurers have sympathy for the homeowners, they have to follow the letter of insurance policies, said Eric George, president of the Insurance Association of Connecticut, a trade organization that represents insurance companies that do business in the state.
NYS Entity Status
NYS Filing Date
MARCH 28, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC NOT-FOR-PROFIT CORPORATION
2014 - COUNTRY CLUB ESTATES OF WESTCHESTER HOMEOWNERS ASSOCIATION, INC.
AROUND THE WEB
- Homes must fall down to be eligible for coverage
By DAVE COLLINS, Associated Press - Sunday Jul 2, 2017
- Black homeowners struggle as US housing market recovers
By JANIE HAR, Associated Press - Sunday Jul 9, 2017
SAN FRANCISCO (AP) — Yul Dorn and his wife raised their son and daughter in a three-bedroom home crammed with family photos, one they bought in a historically African-American neighborhood in San Francisco more than two decades ago.The Dorns expect to join the growing ranks of African-Americans who do not own their homes, a rate that was nearly 30 percentage points higher than that of whites in 2016, according to a new report.The nation's homeownership rate appears to be stabilizing as people rebound from the 2007 recession that left millions unemployed and home values underwater, according to the report by Harvard University's Joint Center for Housing Studies.Experts say reasons for the lower homeownership rate range from historic underemployment and low wages to a recession-related foreclosure crisis that hit black communities particularly hard.In 2004, the pinnacle of U.S. homeownership, three-quarters of whites and nearly half of blacks owned homes, according to the Harvard study.[...] a lack of affordable housing and stricter lending are making it harder for first-time buyers to obtain what traditionally has been considered an essential part of the American dream and a way to build wealth.Low inventory adds to the problem, said Jeffrey Hicks, incoming president of the National Association of Real Estate Brokers, which was founded in 1947 to promote fair housing opportunities for minorities.African-Americans snapped up homes at the peak of the housing bubble, lured by generous lending and a glut of affordable properties, housing experts say.The single mother of three worked with a member of the nonprofit NeighborWorks America, which supports community development, to clear up her credit and save for a down payment on a Wells Fargo-financed loan.
- 25 Outstanding Homeowner Association Software Tools
By Terry Ibele [Learning Apricot] - Friday Jun 9, 2017
If you’re in the market for homeowner association software, here’s a list of 25 options to consider.
- Arts and Crafts-style Home in Westchester
Tuesday Jun 12, 2012
A Manhattan couple by way of Italy built and designed this 6,267-square-foot American Arts and Crafts-style home in New York's Westchester County. It is listed for $3.8 million.
- A High School Without Textbooks
Tuesday Oct 8, 2013
Archbishop Stepinac High School, in White Plains, N.Y., is one of the first schools in the U.S. to do away with paper textbooks. Instead, the all-boys prep school requires students to use tablets and laptops in class. (Data provided by Statista.com.)
- Sound Off: Avoiding cases of buyer’s remorse
Friday Aug 11, 2017
Purchasing a home can be a most stressful event.Studies have shown only death and divorce can cause a person more anxiety.[...] educate yourself as much as possible about the market, understand the inventory and what comparable sales have occurred.Once you have made your decision, understand normally well-meaning friends and family may inadvertently confuse you, especially if they’re from out of the area and don’t understand the local housing market which can be vastly different across the country.If you’ve done your homework, you will know you have made a solid investment and will begin growing that all-important equity, essential for building your financial future - a very exciting and worthwhile decision.An outdated kitchen, older baths, unattractive paint colors, dated windows, lack of landscaping … even if your budget does not allow for upgrades at the moment, cosmetics like this can be changed in the future.Have the property inspected and pay attention - finding out that you have to replace a foundation after you’ve already purchased your new home is not a great way to start things off.[...] take the time to educate yourself about the school district, the neighborhood, the homeowners association, the taxes, the zoning, etc.The most common, and most natural, thing for buyers to do following close of escrow is to look at properties that come up for sale shortly after their purchase has closed.Compound this concern with the fact that after the initial “ test run” it is not unusual to find items in the house which buyers wish were different, so it is not surprising that buyer regret can set in.