Home › Forums › Closed Forums › Properties or Areas › Pasado at Del Sur…SFH mid 500’s?
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June 18, 2008 at 8:14 PM #225196June 18, 2008 at 9:03 PM #225053PadreBrianParticipant
The half of the red that is empty and not sold to builders is just more of the same models that are in the bottom portion. So Standard Pacific, Shae, and Lang, and Donaldson. When that land was developed Black Mountain Ranch thought by now all the lots would have been sold. lol. The good news it looks as if BMR reduced the lot prices to builders. But, yeah it will still be another 4-5 years before even the existing land is filled. Then another 10 on top of that to fill the rest.
June 18, 2008 at 9:03 PM #225162PadreBrianParticipantThe half of the red that is empty and not sold to builders is just more of the same models that are in the bottom portion. So Standard Pacific, Shae, and Lang, and Donaldson. When that land was developed Black Mountain Ranch thought by now all the lots would have been sold. lol. The good news it looks as if BMR reduced the lot prices to builders. But, yeah it will still be another 4-5 years before even the existing land is filled. Then another 10 on top of that to fill the rest.
June 18, 2008 at 9:03 PM #225174PadreBrianParticipantThe half of the red that is empty and not sold to builders is just more of the same models that are in the bottom portion. So Standard Pacific, Shae, and Lang, and Donaldson. When that land was developed Black Mountain Ranch thought by now all the lots would have been sold. lol. The good news it looks as if BMR reduced the lot prices to builders. But, yeah it will still be another 4-5 years before even the existing land is filled. Then another 10 on top of that to fill the rest.
June 18, 2008 at 9:03 PM #225207PadreBrianParticipantThe half of the red that is empty and not sold to builders is just more of the same models that are in the bottom portion. So Standard Pacific, Shae, and Lang, and Donaldson. When that land was developed Black Mountain Ranch thought by now all the lots would have been sold. lol. The good news it looks as if BMR reduced the lot prices to builders. But, yeah it will still be another 4-5 years before even the existing land is filled. Then another 10 on top of that to fill the rest.
June 18, 2008 at 9:03 PM #225221PadreBrianParticipantThe half of the red that is empty and not sold to builders is just more of the same models that are in the bottom portion. So Standard Pacific, Shae, and Lang, and Donaldson. When that land was developed Black Mountain Ranch thought by now all the lots would have been sold. lol. The good news it looks as if BMR reduced the lot prices to builders. But, yeah it will still be another 4-5 years before even the existing land is filled. Then another 10 on top of that to fill the rest.
June 20, 2008 at 8:43 AM #225753LAAFTERHOURSParticipant[quote=PadreBrian]The half of the red that is empty and not sold to builders is just more of the same models that are in the bottom portion. So Standard Pacific, Shae, and Lang, and Donaldson. When that land was developed Black Mountain Ranch thought by now all the lots would have been sold. lol. The good news it looks as if BMR reduced the lot prices to builders. But, yeah it will still be another 4-5 years before even the existing land is filled. Then another 10 on top of that to fill the rest.[/quote]
Can you elaborate – I think you said that the lamppost empty lots that are in the red have not been sold to the builders that built houses in the red already but will be later? So am I to assume that someone will build another release of the homes that were built in the red? 4-5 years before existing land is filled – are you speaking of the entire Del Sur community or lots for builders that have models and plots avail? another 10 years for the entire Del Sur community?
Thanks
June 20, 2008 at 8:43 AM #225859LAAFTERHOURSParticipant[quote=PadreBrian]The half of the red that is empty and not sold to builders is just more of the same models that are in the bottom portion. So Standard Pacific, Shae, and Lang, and Donaldson. When that land was developed Black Mountain Ranch thought by now all the lots would have been sold. lol. The good news it looks as if BMR reduced the lot prices to builders. But, yeah it will still be another 4-5 years before even the existing land is filled. Then another 10 on top of that to fill the rest.[/quote]
Can you elaborate – I think you said that the lamppost empty lots that are in the red have not been sold to the builders that built houses in the red already but will be later? So am I to assume that someone will build another release of the homes that were built in the red? 4-5 years before existing land is filled – are you speaking of the entire Del Sur community or lots for builders that have models and plots avail? another 10 years for the entire Del Sur community?
Thanks
June 20, 2008 at 8:43 AM #225874LAAFTERHOURSParticipant[quote=PadreBrian]The half of the red that is empty and not sold to builders is just more of the same models that are in the bottom portion. So Standard Pacific, Shae, and Lang, and Donaldson. When that land was developed Black Mountain Ranch thought by now all the lots would have been sold. lol. The good news it looks as if BMR reduced the lot prices to builders. But, yeah it will still be another 4-5 years before even the existing land is filled. Then another 10 on top of that to fill the rest.[/quote]
Can you elaborate – I think you said that the lamppost empty lots that are in the red have not been sold to the builders that built houses in the red already but will be later? So am I to assume that someone will build another release of the homes that were built in the red? 4-5 years before existing land is filled – are you speaking of the entire Del Sur community or lots for builders that have models and plots avail? another 10 years for the entire Del Sur community?
Thanks
June 20, 2008 at 8:43 AM #225905LAAFTERHOURSParticipant[quote=PadreBrian]The half of the red that is empty and not sold to builders is just more of the same models that are in the bottom portion. So Standard Pacific, Shae, and Lang, and Donaldson. When that land was developed Black Mountain Ranch thought by now all the lots would have been sold. lol. The good news it looks as if BMR reduced the lot prices to builders. But, yeah it will still be another 4-5 years before even the existing land is filled. Then another 10 on top of that to fill the rest.[/quote]
Can you elaborate – I think you said that the lamppost empty lots that are in the red have not been sold to the builders that built houses in the red already but will be later? So am I to assume that someone will build another release of the homes that were built in the red? 4-5 years before existing land is filled – are you speaking of the entire Del Sur community or lots for builders that have models and plots avail? another 10 years for the entire Del Sur community?
Thanks
June 20, 2008 at 8:43 AM #225921LAAFTERHOURSParticipant[quote=PadreBrian]The half of the red that is empty and not sold to builders is just more of the same models that are in the bottom portion. So Standard Pacific, Shae, and Lang, and Donaldson. When that land was developed Black Mountain Ranch thought by now all the lots would have been sold. lol. The good news it looks as if BMR reduced the lot prices to builders. But, yeah it will still be another 4-5 years before even the existing land is filled. Then another 10 on top of that to fill the rest.[/quote]
Can you elaborate – I think you said that the lamppost empty lots that are in the red have not been sold to the builders that built houses in the red already but will be later? So am I to assume that someone will build another release of the homes that were built in the red? 4-5 years before existing land is filled – are you speaking of the entire Del Sur community or lots for builders that have models and plots avail? another 10 years for the entire Del Sur community?
Thanks
June 20, 2008 at 9:08 AM #225758PadreBrianParticipantBMR is almost as good as Irvine Ranch when it comes to making money. Lots are sold in small chunks to developers. Developers like it because they don’t have to carry a large loan for 100 lots. They only have to carry one for 15 at a time. BMR likes the strategy because they NEVER have to worry that a builder that just bought 200 lots just went bankrupt and the land will be sold to the next developer NOT by BMR but by the bankruptcy judge and the bank for pennies on the dollar. Thus the new developer reduces the lot price by 1/2..which reduces all of BMR lots! What BMR/Irvine want is total control of the lot price. That’s how they make money.
Even though BMR developed (graded, road, utilities) doesn’t mean the lots are sold yet…only plotted for a certain sized house and whether it’s alley loaded or not.
So yes, ANY builder can buy the remainder of the red lots.
As for why Pasado was placed by the city park all by it’s lonesome is most likely that’s where BMR had the free land that wasn’t reserved AND had the best price. Lots over looking the park is a big bonus…Even though residents will have to walk farther to get to the community pools.
June 20, 2008 at 9:08 AM #225865PadreBrianParticipantBMR is almost as good as Irvine Ranch when it comes to making money. Lots are sold in small chunks to developers. Developers like it because they don’t have to carry a large loan for 100 lots. They only have to carry one for 15 at a time. BMR likes the strategy because they NEVER have to worry that a builder that just bought 200 lots just went bankrupt and the land will be sold to the next developer NOT by BMR but by the bankruptcy judge and the bank for pennies on the dollar. Thus the new developer reduces the lot price by 1/2..which reduces all of BMR lots! What BMR/Irvine want is total control of the lot price. That’s how they make money.
Even though BMR developed (graded, road, utilities) doesn’t mean the lots are sold yet…only plotted for a certain sized house and whether it’s alley loaded or not.
So yes, ANY builder can buy the remainder of the red lots.
As for why Pasado was placed by the city park all by it’s lonesome is most likely that’s where BMR had the free land that wasn’t reserved AND had the best price. Lots over looking the park is a big bonus…Even though residents will have to walk farther to get to the community pools.
June 20, 2008 at 9:08 AM #225879PadreBrianParticipantBMR is almost as good as Irvine Ranch when it comes to making money. Lots are sold in small chunks to developers. Developers like it because they don’t have to carry a large loan for 100 lots. They only have to carry one for 15 at a time. BMR likes the strategy because they NEVER have to worry that a builder that just bought 200 lots just went bankrupt and the land will be sold to the next developer NOT by BMR but by the bankruptcy judge and the bank for pennies on the dollar. Thus the new developer reduces the lot price by 1/2..which reduces all of BMR lots! What BMR/Irvine want is total control of the lot price. That’s how they make money.
Even though BMR developed (graded, road, utilities) doesn’t mean the lots are sold yet…only plotted for a certain sized house and whether it’s alley loaded or not.
So yes, ANY builder can buy the remainder of the red lots.
As for why Pasado was placed by the city park all by it’s lonesome is most likely that’s where BMR had the free land that wasn’t reserved AND had the best price. Lots over looking the park is a big bonus…Even though residents will have to walk farther to get to the community pools.
June 20, 2008 at 9:08 AM #225910PadreBrianParticipantBMR is almost as good as Irvine Ranch when it comes to making money. Lots are sold in small chunks to developers. Developers like it because they don’t have to carry a large loan for 100 lots. They only have to carry one for 15 at a time. BMR likes the strategy because they NEVER have to worry that a builder that just bought 200 lots just went bankrupt and the land will be sold to the next developer NOT by BMR but by the bankruptcy judge and the bank for pennies on the dollar. Thus the new developer reduces the lot price by 1/2..which reduces all of BMR lots! What BMR/Irvine want is total control of the lot price. That’s how they make money.
Even though BMR developed (graded, road, utilities) doesn’t mean the lots are sold yet…only plotted for a certain sized house and whether it’s alley loaded or not.
So yes, ANY builder can buy the remainder of the red lots.
As for why Pasado was placed by the city park all by it’s lonesome is most likely that’s where BMR had the free land that wasn’t reserved AND had the best price. Lots over looking the park is a big bonus…Even though residents will have to walk farther to get to the community pools.
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