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Safe home investment corp

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Alan Jennings, executive director of the Community Action Committee of the Lehigh Valley, is so frustrated with Clark's record as a landlord, he has enlisted the help of a college intern to try to track of what Clark owns, what he manages, what condition the buildings are in. It won't be an easy task. Clark records his deeds under any of several legal names, including his wife, Susan's, and his businesses' names.

Clark files fictitious name listings, or business names, with the state's Corporations Bureau, and has some properties under those. Safe Home Investment is one name he has used in recent years. But Clark also maintains an association with other real estate investors, and they buy, sell and transfer properties back and forth so quickly, the authorities in charge of trying to compel repairs at those addresses scarcely know from one month to the next to whom to send the registered letters.

It frustrates officials to learn that just when they seem to be on the verge of forcing code compliance on a property, registered letters are returned because the property has been transfered, and they must begin the process over again. Last December, when the county sold eight Clark properties in the city and in Whitehall Township to try to recoup some of the back taxes he owed against the properties, Clark managed to get some of them back.

State law prohibited Clark from bidding at the sale, but he got proxies to do the bidding for him, and officials were helpless to do anything about it. Clark sees it the other way. He thinks it was the county that took from him when it forced the sale of the properties. Clark says he would have paid the taxes eventually if the county had given him more time. Joe Clark runs his real estate empire these days out of N. The city's code enforcement bureau has tagged the building unfit for human habitation and has asked him to vacate.

The heat no longer works, and on rainy days water drips through the interior of the building. The apartment upstairs has been empty for a while, but Clark uses the first floor to store construction and cleaning supplies. A cluttered desk occupies the center of the room and is home to a telephone and an answering machine. This is where tenants call when they need to report a busted toilet, a broken window or a rent payment that is going to be late.

When one tenant telephoned the office recently to report she'd seen a mouse in her kitchen, Clark was unfazed. He is an affable man with an ironic sense of humor. As the calls come in, Clark writes down the complaints in a spiral notebook. The page becomes that day's work schedule. Clark does a lot of the repairs himself. In addition, a small circle of helpers Clark calls his "board of directors" works with him.

Some are tenants who perform labor in lieu of rent. Clark has acquired most of his holdings by shopping tax sales and sheriff's sales and picking up properties at bargain prices from mortgage companies trying to reduce their inventory of real estate foreclosures. Many of these properties come with numerous -- sometimes hundreds -- of code violations.

Clark owns so many houses in that condition that he'd need to employ a large work force and have access to unlimited funds to put every one of his properties in good repair at once. Instead, Clark follows a triage method of rehabilitation, attending to the worst problems first -- or the problems city code enforcement officers are yelling about the most. One result is that at almost every address Clark owns or manages, he faces a long list of housing violations awaiting correction.

He'll make a little progress at one property, a little more at another, but he never manages to completely finish. When Weiss and city housing inspector Minarovic toured some Clark properties recently and stopped at N. Across the street at N. Chicken bones were tangled into the nap. A broken kitchen chair and other items left in the hallway by tenants were blocking easy passage. Minarovic found Clark in his leaky office that same morning and told him about the violations. Clark recorded each item in his spiral notebook, promising to have them corrected within 24 hours.

Even though the mess may have been created by tenants, it is the landlord who is ultimately responsible for making sure it is cleaned up. Forward-looking statements are not guarantees, and they involve risks, uncertainties and assumptions. There can be no assurance that actual results will not differ materially from our expectations. All written or oral forward-looking statements that we make, or that are attributable to us, are expressly qualified by this cautionary notice.

We expressly disclaim any obligation to update the information in any public disclosure if any forward-looking statement later turns out to be inaccurate. Back to Press Releases. Press Releases.

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Bond ratings are calculated using many factors including financial stability, current debt, and growth potential. These grades help investors and financial professionals understand whether the bond issuer can repay the debt or if it will default on its obligation. Bonds that come with a BB or Ba rating or below—including those that are not rated—are called junk bonds. The prices listed for bonds are for recent trades, usually for the previous day.

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When a corporation goes bankrupt, bondholders have a claim against its cash and other assets. Reflections Creative Phtgrphy. Portrait Photographers. More nearby places. General information. Business data. Not quite what you're looking for? See recommended web results Is this your business? Install a QR code reading app on your smartphone to scan and convert it to Safe Home Investment Corp contact information.

There are no reviews on Safe Home Investment Corp yet. Be the first to write a review about your experience with the company. More details about Safe Home Investment Corp. According to our records, this business is located at N Cedar Crest Blvd. Known organization president is Susan Clark. You can contact the company by fax Not satisfied?

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