Monday, February 25, 2013

2nd NCC Lien for #101

On 2/21/13 NCC filed a lien for $2,466 against Salman Ali, owner of #101. This 4/3 unit was originally purchased 10/16/06 for $179,900, yearly taxes run $1,685. NCC also has a 2nd lien for $1,670.75 filed 7/1/10.

Mr Ali was also the subject of 2 State of Florida Dept of Revenue liens, one in 2008 for $4,536 and one in 2011 for $2,209, each for non payment of 'sales/use tax'. Both of these liens were subsequently satisfied.


Information is easily available to readers -

The 2013 Budget information and minutes of Annual General Meetings and BOD Meetings going back to April 2006 can all be found using this direct link at: .

Friday, February 22, 2013

Former NCC Owner Found Guilty

Driver found guilty of vehicular homicide

"PANAMA CITYA Panama City Beach man was taken out of the courtroom in handcuffs after he was convicted by a jury of running down a 22-year-old Macedonian woman in 2011.
Jeremiah Cahours, 32, hugged tearful loved ones after the jury convicted him of vehicular homicide and leaving the scene of an accident involving death. Jurors didn’t buy his testimony during the trial Thursday that he didn’t know he had hit Marija Kostova because his passenger distracted him by exploding an illegal firework inside his moving vehicle, and convicted him after deliberating about an hour.
Prosecutor Bob Sombathy said Kostova’s family had expressed some disappointment with the justice system after no one was arrested in the case for nearly a year.

Family members were unable to travel to Panama City from Macedonia, but Sombathy hoped the verdict would comfort them . . . Judge Michael Overstreet ordered a presentence investigation and scheduled a hearing to sentence Cahours on April 1. Cahours could be sentenced to 30 years for leaving the scene of a crash involving death."

Full article at:  
The charge was: 
12001541CFMA Vehicular Homicide, Killing of Person/Viable Fetus with Vehicle, $25,000 bond posted.

Jeremiah Paul Cahours was the former owner of #307, initially purchased with a Chase loan on 11/17/06 for $199,900.   2 NCC Liens had been filed for past due condo dues and on 10/27/09 a foreclosure was filed by the mortgage company and #307 eventually went to Fannie Mae on 2/14/12. It was resold 5/25/12 for $101,900 to Feng Huang.

At one time both Cahours and Scott Hupp (#515) filed suit against NCC for the thefts of their expensive motorcycles at a time when the condo entry gates were broken for months and the cameras were not working.   This was settled by the insurance company with a confidential settlement and the case was dismissed 11/3/10.

Thursday, February 21, 2013

Is #205 Jinxed?

Regular readers of the blog might recall that #205 was once owned by Dr Michael Reed. As reported he ended up pushing some time (see below) but he is now not only 'out' but has been approved to go back to the practice of medicine.

The unit was foreclosed and then was one of 5 units here purchased by the Georgekopoulos' who themselves are now facing serious internet gambling charges in Ohio (see: Perhaps #205 is a unit to avoid?  
Here is the earlier blog report from 9/9/10  FYI:

"NCC Condo Owner Must Do 57 Months -

3-judge panel denies Reed appeal
A federal court has upheld the 57-month sentence imposed on Dr. Michael Reed, the owner of condo #205. He is a local surgeon who pleaded guilty to a federal drug conspiracy charge last year.

Reed was found with a kilogram of cocaine at his residence when he was arrested. He was accused of using half of the kilo for personal use and selling the other half with the help of co-defendant Hector Melara. Eight people were charged in the case.

A three-judge panel of the U.S. Court of Appeals 11th Circuit ruled Thursday that the judge was within his discretion when the sentence was handed down.

On 3/15/10 Nautilus Cove filed a lien for $3,827 on his unit, additional missed quarterly payments make the amount owed $5,211."

See additional 2/1/13 details at:

Monday, February 18, 2013

NCC Units at auction on 3/15 and 3/26

Judgment was given today 2/4/13, on the Foreclosure for #403, Neicy Diniz, in the amount of $154,401.  This unit is to be sold at 11 a.m. 3/26/13 to the highest bidder.  NCC has an existing lien on 403 for $2,470 from 9/26/11.  Diniz owned both #403 and #103, both purchased in Nov and Dec 2006 for $183,500 each.

A 'Lis Pendens' was filed 1/31 by BofA on Unit #105, David W. Turner. This 4/3 condo was originally purchased for $184,900 on 10/18/06 with a 30 year Countrywide Mortgage of $147,920.  It has been listed as a 'short sale' for many months at $95,000.

NCC has filed 2 liens on the unit for non-payment of dues: on 12/3/08 for $1,383 and on 10/15/12 for $3,267.

Mr. Turner ran for the BOD at the 12/20/10 Turnover Election the results were:   J. Jones 16, D. Turner 5 and None of the Above 1.


2nd time at auction for #305.  A $121,293 Judgment against Kevin Riley of unit #305 was entered 1/29/13 for PNC Bank and the condo is set to be auctioned on 3/15/13 at 11 a.m.

This is the old Patricia Kristoff unit and was purchased 10/18/06 for $188,900.  It was then foreclosed and went to US Bank National Asso on 11/24/09 for $51,000 and then sold to Riley 4/7/10 for $110,500.