Carmel Valley Pardee DH,Saratoga,CarriageRun Holding Value

[SD Realtor]

zk you are correct about the higher prop taxes. As far as benefit, the only benefit that I see is that he has created an inflated comp. Thus if he is going to apply for financing, be it a heloc or a mortgage the value of his home will appear to be higher then it really is.

SD Realtor

[SD Realtor]

Marion as you can see I dig down into finding facts for myself. Generally after analysis one can find the root cause of any reasonable exception. That is how it works in engineering.

I apply that fundamental to real estate and it works. Thus when I hear of an exception to the rule which I have understood for a few years now, I find out the details to fully understand it. Then it makes sense to me.

Again, under these auspices I have not seen anyone walk away with large checks written to them at the close of escrow when a common institutional lender is used for financing. There may indeed be a loophole as my knowledge is far from all encompassing and I am yet a pup. I would venture to say if it is not fraud it is very close to fraud, and those that have practiced it most likely cannot practice it todays environment. Now whatever happens AFTER escrow or out of escrow is fair game, (though most likely not legal).

Finally without the details all I can go on is a posting on an internet blog which does not cut it for me personally. If you want to come up with a HUD or be more descriptive then that will help. If you find out some of the details perhaps we can piece together how he did it.

SD Realtor

[SD Realtor]

Marion as you can see I dig down into finding facts for myself. Generally after analysis one can find the root cause of any reasonable exception. That is how it works in engineering.

I apply that fundamental to real estate and it works. Thus when I hear of an exception to the rule which I have understood for a few years now, I find out the details to fully understand it. Then it makes sense to me.

Again, under these auspices I have not seen anyone walk away with large checks written to them at the close of escrow when a common institutional lender is used for financing. There may indeed be a loophole as my knowledge is far from all encompassing and I am yet a pup. I would venture to say if it is not fraud it is very close to fraud, and those that have practiced it most likely cannot practice it todays environment. Now whatever happens AFTER escrow or out of escrow is fair game, (though most likely not legal).

Finally without the details all I can go on is a posting on an internet blog which does not cut it for me personally. If you want to come up with a HUD or be more descriptive then that will help. If you find out some of the details perhaps we can piece together how he did it.

SD Realtor

[SD Realtor]

Marion as you can see I dig down into finding facts for myself. Generally after analysis one can find the root cause of any reasonable exception. That is how it works in engineering.

I apply that fundamental to real estate and it works. Thus when I hear of an exception to the rule which I have understood for a few years now, I find out the details to fully understand it. Then it makes sense to me.

Again, under these auspices I have not seen anyone walk away with large checks written to them at the close of escrow when a common institutional lender is used for financing. There may indeed be a loophole as my knowledge is far from all encompassing and I am yet a pup. I would venture to say if it is not fraud it is very close to fraud, and those that have practiced it most likely cannot practice it todays environment. Now whatever happens AFTER escrow or out of escrow is fair game, (though most likely not legal).

Finally without the details all I can go on is a posting on an internet blog which does not cut it for me personally. If you want to come up with a HUD or be more descriptive then that will help. If you find out some of the details perhaps we can piece together how he did it.

SD Realtor

[SD Realtor]

Marion as you can see I dig down into finding facts for myself. Generally after analysis one can find the root cause of any reasonable exception. That is how it works in engineering.

I apply that fundamental to real estate and it works. Thus when I hear of an exception to the rule which I have understood for a few years now, I find out the details to fully understand it. Then it makes sense to me.

Again, under these auspices I have not seen anyone walk away with large checks written to them at the close of escrow when a common institutional lender is used for financing. There may indeed be a loophole as my knowledge is far from all encompassing and I am yet a pup. I would venture to say if it is not fraud it is very close to fraud, and those that have practiced it most likely cannot practice it todays environment. Now whatever happens AFTER escrow or out of escrow is fair game, (though most likely not legal).

Finally without the details all I can go on is a posting on an internet blog which does not cut it for me personally. If you want to come up with a HUD or be more descriptive then that will help. If you find out some of the details perhaps we can piece together how he did it.

SD Realtor

[SD Realtor]

Marion as you can see I dig down into finding facts for myself. Generally after analysis one can find the root cause of any reasonable exception. That is how it works in engineering.

I apply that fundamental to real estate and it works. Thus when I hear of an exception to the rule which I have understood for a few years now, I find out the details to fully understand it. Then it makes sense to me.

Again, under these auspices I have not seen anyone walk away with large checks written to them at the close of escrow when a common institutional lender is used for financing. There may indeed be a loophole as my knowledge is far from all encompassing and I am yet a pup. I would venture to say if it is not fraud it is very close to fraud, and those that have practiced it most likely cannot practice it todays environment. Now whatever happens AFTER escrow or out of escrow is fair game, (though most likely not legal).

Finally without the details all I can go on is a posting on an internet blog which does not cut it for me personally. If you want to come up with a HUD or be more descriptive then that will help. If you find out some of the details perhaps we can piece together how he did it.

SD Realtor

[Anonymous]

SD Realtor, fair enough. I wasn’t asking you to take my word for it, but just wanted to post what I know thus far. Hmmm…I forgot you were one of those logical minded engineers. 😉

This guy is not a friend of mine. I stumbled across him by accident. BTW, he charged someone to view a contract between him and the seller on one of his cashback deals-but selling this information is not a business for him. I used to have the properties that he bought and recieved cash back on. I will check and see if I still do, but I’m sure that alone won’t give the whole picture. I have a good idea where to research this though. When I find out something, I’ll let you know personally.

[Anonymous]

SD Realtor, fair enough. I wasn’t asking you to take my word for it, but just wanted to post what I know thus far. Hmmm…I forgot you were one of those logical minded engineers. 😉

This guy is not a friend of mine. I stumbled across him by accident. BTW, he charged someone to view a contract between him and the seller on one of his cashback deals-but selling this information is not a business for him. I used to have the properties that he bought and recieved cash back on. I will check and see if I still do, but I’m sure that alone won’t give the whole picture. I have a good idea where to research this though. When I find out something, I’ll let you know personally.

[Anonymous]

SD Realtor, fair enough. I wasn’t asking you to take my word for it, but just wanted to post what I know thus far. Hmmm…I forgot you were one of those logical minded engineers. 😉

This guy is not a friend of mine. I stumbled across him by accident. BTW, he charged someone to view a contract between him and the seller on one of his cashback deals-but selling this information is not a business for him. I used to have the properties that he bought and recieved cash back on. I will check and see if I still do, but I’m sure that alone won’t give the whole picture. I have a good idea where to research this though. When I find out something, I’ll let you know personally.

[Anonymous]

SD Realtor, fair enough. I wasn’t asking you to take my word for it, but just wanted to post what I know thus far. Hmmm…I forgot you were one of those logical minded engineers. 😉

This guy is not a friend of mine. I stumbled across him by accident. BTW, he charged someone to view a contract between him and the seller on one of his cashback deals-but selling this information is not a business for him. I used to have the properties that he bought and recieved cash back on. I will check and see if I still do, but I’m sure that alone won’t give the whole picture. I have a good idea where to research this though. When I find out something, I’ll let you know personally.

[Anonymous]

SD Realtor, fair enough. I wasn’t asking you to take my word for it, but just wanted to post what I know thus far. Hmmm…I forgot you were one of those logical minded engineers. 😉

This guy is not a friend of mine. I stumbled across him by accident. BTW, he charged someone to view a contract between him and the seller on one of his cashback deals-but selling this information is not a business for him. I used to have the properties that he bought and recieved cash back on. I will check and see if I still do, but I’m sure that alone won’t give the whole picture. I have a good idea where to research this though. When I find out something, I’ll let you know personally.

[[email protected]]

Derby Hill has another release coming up on 2/23. This includes some non-canyon lots (the last two releases were all high demand canyon lots) so it will be interesting to see if it sells as fast as those. I wonder if Pardee was planning to do these releases so fast or if they are just able to build faster now that San Diego building has slowed and subcontractors are available.

[[email protected]]

Derby Hill has another release coming up on 2/23. This includes some non-canyon lots (the last two releases were all high demand canyon lots) so it will be interesting to see if it sells as fast as those. I wonder if Pardee was planning to do these releases so fast or if they are just able to build faster now that San Diego building has slowed and subcontractors are available.

[[email protected]]

Derby Hill has another release coming up on 2/23. This includes some non-canyon lots (the last two releases were all high demand canyon lots) so it will be interesting to see if it sells as fast as those. I wonder if Pardee was planning to do these releases so fast or if they are just able to build faster now that San Diego building has slowed and subcontractors are available.

[[email protected]]

Derby Hill has another release coming up on 2/23. This includes some non-canyon lots (the last two releases were all high demand canyon lots) so it will be interesting to see if it sells as fast as those. I wonder if Pardee was planning to do these releases so fast or if they are just able to build faster now that San Diego building has slowed and subcontractors are available.

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