week." thanks for watching us. maria bartiromo will be back next week. but first bob massi "property man" tarts right now. >> i'm bob massi. for 35 years, i've been practicing law and living in las vegas, ground zero for the american real-estate crisis. but it wasn't just vegas that was hit hard. lives were destroyed from coast to coast as the economy tanked. now it's a different story. the american dream is back. and nowhere is that more clear than the grand canyon state of arizona. so we headed from the strip to the desert to show you how to explore the new landscape and live the american dream. i'm gonna help real people who are facing some major problems, explain the bold plans that are changing how americans live and take you behind the gates of properties you have to see to believe. at the end of the show, i'll give you critical tips you need to know

in the massi memo because information is power. and the property man has got you covered. [ woman vocalizing ] each year, millions of people move into communities governed by homeowners associations. and every day, i hear from many folks who love it and many who find themselves trapped in nightmarish battles with their hoas. now, i'm gonna speak with a man named mike, who's been battling his hoa for years. he moved into an hoa community in 2007. and he loves where he lives. but when he started asking questions about how things were run, well, he was stonewalled. >> i was asking for some -- just some routine maintenance to be conducted that hadn't been done for as long as 10 years. and that -- that got such an adverse reaction coming back that i thought, "okay. what's going on here?" >> when mike decided to join the board himself and won, all of a sudden, there was

an anonymous but clearly well-organized campaign launched to remove him from the board. >> as soon as my nomination was submitted, there were e-mails circulating around the community saying, "don't vote for this person because he wants to raise your assessments," e-mails that were -- that came directly from existing board members. >> so you finally got elected to the board? >> i got elected to the board at my second attempt. at that stage, they started their move to attempt to get me removed from the board. >> you showed me some pamphlets, actually, flyers that were sent out literally asking -- we don't know who they came from except it said "interested neighbors" -- to have you removed. >> over that week, every single home in the community had flyers posted on their door with their propaganda. >> i mean, how did you react to that? >> dumbfounded, really. i mean, that -- that a community and the association and people who think

they're supporting them would go to such efforts to harass >> abby: we're waiting right now live joint base andrews for the president and first lady melania to board air force one they'reta flying first to houston and ther ultimately to louisiana to get a sense of the destruction there but to meet with the victims the survivors and to give them some relief on how we will move forward. >> pete: as our white house producer reported they left the white house as they walked out the first lady was wearing snakeskin stilettos and a knee- length army tan dress and the fake news media will obsess about that all day but what i love about it is they're like you know what?l, we don't care. she's going to wear what she it's great fashion and she will wear it and part of it is if you'll make a big deal of it we'll do it anyway. >> abby: if you ever wear snakeskin anyway clayton it's going to texas whether it's stilettos or cowboy boots you wear snakeskin.th >> clayton: meanwhile more evacuations happening now near houston as floodwaters continue to rise. >> abby: our own griff jenkins is live with the latest you have

seen it all what are you hearing this morning? >> reporter: abbey, clayton and pete, we are sitting in the wese part of houston, just below the addicks reservoir that over spilled and the mayor yesterday telling the residents here that if you haven't gotten out you should go. mandatory but look at the damage here. clearly, these folks had to get out. the situation is dangerous with these currents and we talked with the resident just in the last hour as we've headed out on a small boat. >> abby: griff, we want to jump --agemen >> the president is coming up. >> abby: want to jump in marine one you can see landing at joint base andrews with the president and his wife melania trump as they board of course air force one heading to houston. >> clayton: and as you see these images on our screen about the i president coming back to houston what are you hearing from the residents. i don't mean to be blunt? do they care, are they inspired by it what does it mean for the. folks still stuck, trapped

trying to get stuff out of their houses? >> reporter: well that certainly depends on who you ask here because john richardson we talked to in the last hour has come to get his things out after evacuating yesterday. tensions are high. it's day eight. he's furious. he just texted me he said thanks for having me on to talk but please tell them again "we need more help and we need answersed why we're sacrificed without being told to leave" and i think what he would like was for the president to bring the attention , command the attention of the authorities here toue realize that there are a lot of people particularly like this neighborhood. this neighborhood has never flooded and these residents feel that they need support right now to get their things out to get their plan together because they did not intend to be flooded like this and again, this flooding you're looking at now these images with mailboxes under water, houses up, three, four, five feet high, they have the problem they didn't have in the immediate aftermath. this is largely because the

reservoir is just a block or two behind us and the discharge the army corps of engineers had to deliver is flooding this neighborhood. crutch griff you raise a really important point as we watch marine one and air force one and the president and first lady are exiting quickly here and board ing the plane but you mentioned the difference between those who are in a natural flood floodplain and those so far out they never expected to be in a situation like this. do you get different reactions based on folks that have seen flooding before and those that never expected it to happen? >> reporter: that's exactly right. i mean some of the neighborhoods particularly in communities south of here along the brazos river where we were yesterday, that is flooded at historic proportions.t. last year on memorial day in 2015 it flooded on tax day and so you know, they knew when they saw this prediction coming theye said well we better get out and i talked to some of theca residents who said well this might have been the third strike the straw that finally makes invested in their small businesses and what not there, invested in their small

however these folks and in some other communities, they've never seen it and now they have to make serious hard decisions where do they go, do they sell their house? >> abby: griff you've been on the ground there for seven days now and you saw it from the very beginning and now you see the aftermath and some places the water is still rising. when the president gets down there on the ground with his wife, and sees the devastation, sees the amount of water that are there, the contaminated are there, the contaminated water and sees the people, many of them are never going to be able to go back to their home that had everything in it that they live for. what do you think is going to go through the president's mind as he gets there physically on the ground and gets a better sense of what so many of the people there have been dealing with? >> reporter: well this is just my observation but i found that part of why those rallies that i've been there are so passionate is that the president this president in particular has a capacity for empathy that is quite obvious and i think that he is going to be sticking with

people who aren't just going through one difficult event in their life or one difficult hurricane and they're all bad but this one in this case this water according to the flood control folks according to many of these areas will plan to be under water. they said four to five weeks, so when the president connects with people who have never seen this stuff who are flooded until october i think it's going to probably be able to process that and take it in. >> clayton: there is the president coming off marine one right now you can see the video from shortly before as the president was leaving from the white house on the south lawn to board marine one so here are the marines outside marine one and the president about to deplane on his way to air force one on his way to houston and it's reported he was asking questions that were shouted from the press pool but he only said thank you and continued to walk along. >> abby: this is a long day for them. they get back at i think 9:30 back home tonight a long day and an emotional day but such an important one, griff as you were talking about earlier, the people there in houston and parts of texas that have seen

their homes have seen their belongings completely destroyed, i mean they're not necessarily wanting a bunch of hugs now. they're wanting relief, assistance from the federal government. p they're wanting to know that the president and his administration are doing everything possible to help them survive and to help them move forward as you can sen the president there right now. griff go ahead.th >> reporter: that's exactly right. when he came originally to see the area in corpus cristi that was sort of an immediate aftermath sort of survey but what he's going to get now is a real feel up close and personal for the tensions and the raw nerves and the desperation in many cases that set in in people that really don't have a plan and aren't getting the answers in the case of the last resident whose in here right now trying to dig through his house to salvage anything he can. he's going to get the real feel for what these people are going through and i think as commander-in-chief, he's going to feel the need to rise to the

occasion to help them because in the case of that last president z dent as you heard him he's upset with the officials here because he felt sacrificed in this area and i'm sure even those that do live in those floodplains they as well certainly hit with something that has never happened in history. even the brazos river where we were 55 plus feet cresting of river?. absolutely putting communities under water. >> clayton: griff we're watchin the president boarding air force one he and the first lady about to depart for houston. but there is so many questions. we had bob massey on the show earlier this morning to wrap ous heads around the insurance d questions and calling fema to try to get assistance. there are so many pieces to this story, griff, as you know being there. so many of the people that i'm sure you've talked to didn't have insurance, are now having to rely on calling fema to get some sort of a small loan which will have to be paid back of course. it's a short-term loan but there's other huge problems which is that where are young going to find contractors to

actually rebuild these homes? they were already a shortage before the storm even hit. they were already they didn't have enough contractors to even stand up to the demand for housing that was growing in that area as it was.e. there's no place for these contractors to sleep. where are they going to come from? is the federal government going to bust in contractors from some government agency to help rebuild homes? >> reporter: that's right if ire can just add to that do you not know when it will come from just yet. we're far. we're still in some places in a rescue and evacuation mode not a recovery mode and these people in this neighborhood have no mailboxes. look at that mailbox. you can't come get your mail.op you have to file a claim and fill out paperwork and in the case of those that don't have flood insurance i don't even know where you begin because there is no form to fill out with fema if you don't have the flood insurance. they're going to have to make that decision that will involve a significant level of bureaucracy in tough decisions

that need to be made in quite ac rap it fashion. >> pete: griff that's a great point and clayton a great question because it does come down ultimately to logistics and you want people that have been in these types of situations before, can think about the consequences and indiana tended consequences as we watch the stairs pull away from air force one, we saw the president and first lady board the plane and he turned around and waived and looked like in his hand he had a red usa hat probably what he will be wearing today so looksd like the wheels will be up shortly headed to houston. b >> clayton: that mailbox because it's also a point bob massey made earlier on the show. mortgage invoices are still like just because the floode happened doesn't mean that wells fargo or bank of america or whatever you have your mortgage through, you still own the property you still have to pay on it but now maybe you don't even have a house any more so what happens if you don't have flood insurance you're paying a mortgage you don't have the property? >> reporter: that's right if i could just jump in and that wonderful cameraman dave william s i've been praising will yell at me but i'll try this anyway.

the house behind us has a lockbox on it. is it possible, dave without tilting us and putting us in danger just bear with us guys because i wanted to show you to give you some sense of this and i know he's not happy with me but look at that. >> abby: wow. >> reporter: do you see thater that is a lockbox.pe >> reporter: this house is for sale. >> clayton: that's for sale. >> pete: oh, boy. >> reporter: it is under water we had latched on to and you know, this is a nice neighborhood. so i don't know what these people do. >> pete: a nice neighborhood not a floodplain area that's where the contingencies come into plane. >> abby: as you're sitting there griff on a canoe so people get a sense of why the camera is a little rocky you can barely bounce in a canoe without a 50- pound camera on your shoulder but i can't help but think about the image of air force one now fly together houston and what they've been through the past seven days and you think of the role of the president of the united states. when you campaign to be president you talk about so many issues you're passionate about but ultimately of all of the

hats that you wear as president the most important one you wear is protecting the people that you serve and being there in the times they need it most and i can't think of a more important time than right now and what texas has been going through, to be there on the ground now as president this is something he's never experienced before because he's not coming in as a local politician.y he's a businessman $ could also be helpful in this situation but coming in this for the very first time. i'm sure as i said a long andd s emotional day. >> clayton: it's a great point because it's not just a plane but of course a flying command center so work will be done. meetings will be held, phone calls will be made, continued coordination but voters vote for a president based on a set of beliefs they have and what that he or she are running on butbu they don't know what's coming for those next four to eight years so a big part of the vote is do i want that person at thee helm when crisis happens? and i think part of why they like president trump, a lot of people voted for him republican or democrat is he was a leader decisive spoke truth, he was willing to take controversial

stances or difficult ones inall moments is a lot of what you look for. come down here don't sugar coat it shoot straight with me about what you're seeing and tell me how we can get it done outside of political ideology you aren't republicans or democrats this will cost us money but let's be smart and efficient and make sure the dollars are spent wise ly. a lot of people saying this is 160 to $190 billion storm. why are we only spending 8 billion upfront? a great explanation. start with what you need in emergency sense, see how well its spent how it works where you need more and appropriate more as is necessary. those are the types of business approaches that the presidentof has tried to take. >> clayton: we had earlier on the show general semini, whose in charge of the army corps of engineers in charge of the reservoirs down there and he said look we're in a stage right now where i don't know how manyn billions of tons of debris that they now have to haul away like that's the job right now. the recovery, the rescue, getting all that toxic debris out of houston first and then

deciding are we going to rebuild in certain neighborhoods that have been hit by flooding three consecutive years now. he said look we can't build those large storm surge cement barricades that they have in florida because we've just built too many homes up to those areas and now it's a question of well can we tear those neighborhoods down, does the federal government step ... ... ... ... ♪ it's a highly contagious disease that can be really serious... especially for my precious new grandchild. it's whooping cough. every family member, including those around new babies, should talk to their doctor or pharmacist about getting vaccinated.

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♪ >> welcome back. i'm bob massi, the property man. it's time to take another peek behind the gates of a luxury property now on the market. i'm in paradise valley, arizona. and i asked realtor lisa wadey to show me around this sprawling estate built right on a golf course.

this is a 12,206-square-foot estate, classic mediterranean, on almost two acres. >> and if you include the outdoor living spaces, there are 19,000 square feet under the roof. >> it sits on the camelback country club golf course. it has seven bedrooms, nine baths. that includes a two-bedroom guest house. >> price tag -- $5,500,000. >> nine fireplaces, a game room, media room, true theater, as well as a walk-in wine cellar. >> so lisa, like in every home, you have the kitchen, the den area. and here's a perfect example. you can make it your own. >> make it your own. customize it. maybe change paint colors. >> now, the first thing you notice here is that the house is empty. the current owners moved out and decided not to stage the home. >> if it's staged, then it -- it also helps a prospective buyer who doesn't have the creative mind. if i walked in and i could say, "okay. oh, i see. that's where the couch would go. oh, i see.

that's what you would use this room for." >> staging can have huge benefits, as we've shown on this program before. but these owners decided to let the home speak for itself. >> a prospective buyer can walk in with his or her designer, give them... it might give them an idea of what they can do to make it their own, whether it be changing the paint, changing the flooring, changing window coverings, placing different types of furniture where they wanted to. >> if you look at the pictures of the home when it's furnished, it looks very different. but it still shows the character of the previous owners. the thing that grabs you about this property is the sheer size. it just keeps going and going, with each room leading to another hidden gem, like the beautiful library, game and billiards room, and full theater. >> it also includes four en-suite bedrooms in the main house, which means they all have their own private bath and walk-in closet. you've got the staircase that leads up to the third floor, which has the master bedroom and the office. >> all right. >> it could be an office, could be an exercise room.

it does have a little kitchenette. >> it's amazing how long the hallway is to get to the other side. >> and then down the hallway, as we continue down, you're gonna see patios off to your right-hand side. >> there is an elevator that brings you to all levels of the home. >> you're also gonna see the elevator that, again, takes you to the third, the middle and the first floor. >> so now, lisa, we're going into the master bedroom. and of course, i mean, it's huge. and again, somebody, tastefully, could do whatever they want. >> it's a huge master suite. >> it sure is. >> large master bath. has a meditation room, if you wanted to use it as that. >> what a view, huh? >> absolutely. on the golf course. you've got views, mountain views. >> i mean, this view is wonderful and right off the master bedroom. the outdoor spaces blend seamlessly with the house. and you could easily see how a family could spend most of their time out there. >> it's a great outdoor entertaining area, bob, with heated pool with diving board, spa,

huge covered patio area, again, with another fireplace. >> a lot of good entertainment areas. when you come down and see the patio and the pool and the view of the golf course. what a great area. >> tons of outdoor entertaining space, huge pool, grassy area, sitting on the golf course. so you have a beautiful view of that. >> the house feels large. but when you come to the backyard and that it doesn't feel so overwhelming. >> again, you're on almost two acres. >> yeah. great atmosphere. there is even a two-bedroom guest home on the property. a guest house, i should add, that is larger than most people's primary homes. >> two full bedrooms, living area, kitchen, patio... >> it's a house. >> and a garage. it also has its own garage. >> of course it does. >> when you live in arizona, you expect to have multiple places to entertain, multiple places to be outside. it's an indoor/outdoor living space. it has everything that you would expect in a paradise valley home. >> up next, the massi memo. the property man's gonna talk to you about homeowners associations and additional things you need to know to protect yourself.

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when this guy got a flat tire in the middle of the night, so he got home safe. yeah, my dad says our insurance doesn't have that. what?! you can leave worry behind when liberty stands with you™. liberty mutual insurance. ♪ >> time now for the massi memo. we've talked a lot on this show about homeowners associations. again, i don't want to give the impression that they're all bad. but you really need to know what you're signing in to before you buy. the single most important and often overlooked issue is how much they have in reserves.

how much money do they have? if it's not enough, guess who will be footing the bill down the line? you and i as the homeowner. now, before you buy into an hoa community, ask that they provide you with the last 12 months of meeting minutes. if at all possible, try to attend an hoa meeting before you purchase. and talk to some of the neighbors. get an idea. how is the board? are they cooperative? are they trying to help homeowners? or is there a lot of politics involved? we all know that can happen. don't just look at the maintenance fees or the monthly dues before deciding to sign on. look at things like what is the condition of the community you're buying into? have they been skimping on maintenance and not making capital improvements? those things are not likely to suddenly get better. ask for a copy of the insurance declaration page. this will drive them crazy. look at what the hoa's paying for. look at the cc&rs. what do they say? ask your own insurance agent for their opinion on what the hoa's responsible for and what you're responsible for.

buying a property in an hoa, add into your offer that the owner warrants that the property does not have any hoa violations and that this condition survives closing, not an easy thing to negotiate, by the way. again, before buying into an hoa community, do your homework. this is a place. if you love your home, you're gonna live there for years. again, really look at the condition of the community. visit it different times of the day, different times of the week. talk to your neighbors. research. analyze. and again, i cannot emphasize enough, the money part of this, the reserve and the financial. and most importantly, folks, read. read and understand all of the hoa documents and the rules. that's all the time we have for today. make sure to check our website at foxnews.com/propertyman. and send me your property stories and questions at propertyman@foxnews.com.

i'm bob massi. i'll see you next week. [ woman vocalizing ] >> the new "wall street week" ." spirit welcome to "wall street week," the program analyzes the week that was and held position you for the week ahead. i am marie bartiromo. coming up in just a few moments, some of the biggest vos is in the start of will joint our round table talking about companies. and first dagan is standing by with headlines. dagan? >> maria, the u.s. economy putting on 100,000 jobs. with unemployment rate taking up to 4.4%. the strong jobs numbers pushes the markets higher. and the dow and nasdaq and s&p 500 closing in positive territory. they pose