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CoronitaParticipantThe SEC investigates unusual activity in a stock. Its investigation diligence is independent of the sizes of transactions. So if there is unusual activity, and the SEC investigates, you could get in trouble for trading a single share. To be safe, you would have to route trades through an unrelated party – which would involve you transferring cash to that party, which would then be detected by the IRS, assuming you routed significant amounts of cash. And, as "sandiego" pointed out, if you do not do this with significant amounts of cash, it will not return enough to be worthwhile
Yup. Think Dow Jones and the joker that attempted to inside trade there. You'd be surprised the reach of the SEC. This is particularly why I don't play stocks in the retail sector. One of my siblings does market research for I-banks and covers retail sector, does recommendations for hedge funds/ private equities etc.. I don't step within 1 foot with any companies she covers or plans to cover.
The way I look at it. It's a catch 22. For you to profit a lot from this, you would have to buy lots of shares. You most likely will get flagged for that. If you buy little shares, it won't make much of a difference. And frankly, if your company gets bought by an exorbitant price, your current stock options/stock the company gave you should be more than enough compensation. You did negotiate these when you joined your company, right? So why dick around with your own money for a couple of thousand extra? It's not worth it.
CoronitaParticipantThe SEC investigates unusual activity in a stock. Its investigation diligence is independent of the sizes of transactions. So if there is unusual activity, and the SEC investigates, you could get in trouble for trading a single share. To be safe, you would have to route trades through an unrelated party – which would involve you transferring cash to that party, which would then be detected by the IRS, assuming you routed significant amounts of cash. And, as "sandiego" pointed out, if you do not do this with significant amounts of cash, it will not return enough to be worthwhile
Yup. Think Dow Jones and the joker that attempted to inside trade there. You'd be surprised the reach of the SEC. This is particularly why I don't play stocks in the retail sector. One of my siblings does market research for I-banks and covers retail sector, does recommendations for hedge funds/ private equities etc.. I don't step within 1 foot with any companies she covers or plans to cover.
The way I look at it. It's a catch 22. For you to profit a lot from this, you would have to buy lots of shares. You most likely will get flagged for that. If you buy little shares, it won't make much of a difference. And frankly, if your company gets bought by an exorbitant price, your current stock options/stock the company gave you should be more than enough compensation. You did negotiate these when you joined your company, right? So why dick around with your own money for a couple of thousand extra? It's not worth it.
CoronitaParticipantpk92108 ,
If you are indeed waiting for a view lot, I hope you have a low waitlist number. I would say people are probably waiting for that too.
I don't think I can really offer you objective opinion on what's comparable. Mainly, I'm really not looking now….But even if I were, from my perspective, you and I are probably not looking in the same markets, and beyond a certain level, my brain shuts down, my tail is betwen my legs…It would be like you asking me which is better, an Audi R8 or BMW M5..it wouldn't matter to me if you bought me either one, and it would end up eventually wrapped around a guardrail on the track anyway. I don't look seriously with homes in this price range, so I can't tell you what's comparable. I did a tour of one Lexington home and it was nice enough for me to know it was definitely out of my price range, just like the Plan 3 in DH.
Here's a sample lexington
http://sandiego.houserebate.com/search/homeview.asp?id=1673363&p3=-1&ix=237
The spread on the asking price is $200k (yes, that's absurd)…
1.3 is probably what a DH Plan 3 withOUT a view is now. I wouldn't be surprised if a view premium is another $100k. After upgrades/landscaping, its will probably be closer to high side of 1.6. You could go getto with upgrades, but what's the point if you're already going to spludge on something like this?
The only thing I have a gripe with all DH homes is all just have 2 car garages (tandems and workshops don't work). So it wouldn't really work for me, simply because the only condition that my wife will allow me to own a weekend car is if I either get rid of my existing one or am able to garage all of them in "a" home. I don't want to get rid of my existing car, and purchasing a home with 3 garages would drain my ability to purchase a weekend car, so it all cancels out.
Personally, I am *assuming* the market will fall moving forward. You probably should expect this as well. I think that's the general sentiment most people on the board have. However, I'm not going pass judgment if you buy or not buy, because it's different for different people. If 1.6million is chump change in your household, it's definitely different than folks that would be stretching in all sorts of directions to make minimum payments. And if it is chump change, please consider my wife and I for adoption.
CoronitaParticipantpk92108 ,
If you are indeed waiting for a view lot, I hope you have a low waitlist number. I would say people are probably waiting for that too.
I don't think I can really offer you objective opinion on what's comparable. Mainly, I'm really not looking now….But even if I were, from my perspective, you and I are probably not looking in the same markets, and beyond a certain level, my brain shuts down, my tail is betwen my legs…It would be like you asking me which is better, an Audi R8 or BMW M5..it wouldn't matter to me if you bought me either one, and it would end up eventually wrapped around a guardrail on the track anyway. I don't look seriously with homes in this price range, so I can't tell you what's comparable. I did a tour of one Lexington home and it was nice enough for me to know it was definitely out of my price range, just like the Plan 3 in DH.
Here's a sample lexington
http://sandiego.houserebate.com/search/homeview.asp?id=1673363&p3=-1&ix=237
The spread on the asking price is $200k (yes, that's absurd)…
1.3 is probably what a DH Plan 3 withOUT a view is now. I wouldn't be surprised if a view premium is another $100k. After upgrades/landscaping, its will probably be closer to high side of 1.6. You could go getto with upgrades, but what's the point if you're already going to spludge on something like this?
The only thing I have a gripe with all DH homes is all just have 2 car garages (tandems and workshops don't work). So it wouldn't really work for me, simply because the only condition that my wife will allow me to own a weekend car is if I either get rid of my existing one or am able to garage all of them in "a" home. I don't want to get rid of my existing car, and purchasing a home with 3 garages would drain my ability to purchase a weekend car, so it all cancels out.
Personally, I am *assuming* the market will fall moving forward. You probably should expect this as well. I think that's the general sentiment most people on the board have. However, I'm not going pass judgment if you buy or not buy, because it's different for different people. If 1.6million is chump change in your household, it's definitely different than folks that would be stretching in all sorts of directions to make minimum payments. And if it is chump change, please consider my wife and I for adoption.
CoronitaParticipantpk92108 ,
If you are indeed waiting for a view lot, I hope you have a low waitlist number. I would say people are probably waiting for that too.
I don't think I can really offer you objective opinion on what's comparable. Mainly, I'm really not looking now….But even if I were, from my perspective, you and I are probably not looking in the same markets, and beyond a certain level, my brain shuts down, my tail is betwen my legs…It would be like you asking me which is better, an Audi R8 or BMW M5..it wouldn't matter to me if you bought me either one, and it would end up eventually wrapped around a guardrail on the track anyway. I don't look seriously with homes in this price range, so I can't tell you what's comparable. I did a tour of one Lexington home and it was nice enough for me to know it was definitely out of my price range, just like the Plan 3 in DH.
Here's a sample lexington
http://sandiego.houserebate.com/search/homeview.asp?id=1673363&p3=-1&ix=237
The spread on the asking price is $200k (yes, that's absurd)…
1.3 is probably what a DH Plan 3 withOUT a view is now. I wouldn't be surprised if a view premium is another $100k. After upgrades/landscaping, its will probably be closer to high side of 1.6. You could go getto with upgrades, but what's the point if you're already going to spludge on something like this?
The only thing I have a gripe with all DH homes is all just have 2 car garages (tandems and workshops don't work). So it wouldn't really work for me, simply because the only condition that my wife will allow me to own a weekend car is if I either get rid of my existing one or am able to garage all of them in "a" home. I don't want to get rid of my existing car, and purchasing a home with 3 garages would drain my ability to purchase a weekend car, so it all cancels out.
Personally, I am *assuming* the market will fall moving forward. You probably should expect this as well. I think that's the general sentiment most people on the board have. However, I'm not going pass judgment if you buy or not buy, because it's different for different people. If 1.6million is chump change in your household, it's definitely different than folks that would be stretching in all sorts of directions to make minimum payments. And if it is chump change, please consider my wife and I for adoption.
CoronitaParticipantpk92108 ,
If you are indeed waiting for a view lot, I hope you have a low waitlist number. I would say people are probably waiting for that too.
I don't think I can really offer you objective opinion on what's comparable. Mainly, I'm really not looking now….But even if I were, from my perspective, you and I are probably not looking in the same markets, and beyond a certain level, my brain shuts down, my tail is betwen my legs…It would be like you asking me which is better, an Audi R8 or BMW M5..it wouldn't matter to me if you bought me either one, and it would end up eventually wrapped around a guardrail on the track anyway. I don't look seriously with homes in this price range, so I can't tell you what's comparable. I did a tour of one Lexington home and it was nice enough for me to know it was definitely out of my price range, just like the Plan 3 in DH.
Here's a sample lexington
http://sandiego.houserebate.com/search/homeview.asp?id=1673363&p3=-1&ix=237
The spread on the asking price is $200k (yes, that's absurd)…
1.3 is probably what a DH Plan 3 withOUT a view is now. I wouldn't be surprised if a view premium is another $100k. After upgrades/landscaping, its will probably be closer to high side of 1.6. You could go getto with upgrades, but what's the point if you're already going to spludge on something like this?
The only thing I have a gripe with all DH homes is all just have 2 car garages (tandems and workshops don't work). So it wouldn't really work for me, simply because the only condition that my wife will allow me to own a weekend car is if I either get rid of my existing one or am able to garage all of them in "a" home. I don't want to get rid of my existing car, and purchasing a home with 3 garages would drain my ability to purchase a weekend car, so it all cancels out.
Personally, I am *assuming* the market will fall moving forward. You probably should expect this as well. I think that's the general sentiment most people on the board have. However, I'm not going pass judgment if you buy or not buy, because it's different for different people. If 1.6million is chump change in your household, it's definitely different than folks that would be stretching in all sorts of directions to make minimum payments. And if it is chump change, please consider my wife and I for adoption.
CoronitaParticipantpk92108,
For some reason, Plan 3 always sold out. Unfortunately, I think the waitlist for these are pretty long, and they like release a handful of them each time to control expectations and demand. Pretty crafty imho. It appears there are still people buying because (1) the lure of a new home, and (2) it's pretty large. I know a few people that moved from the Breakers to DH plan 3, and these aren't the cash strapped folks. I think where things are interesting are Plan 1 and Plan 2, namely because there are several comparables both on the Torrey Hills side and in the CCH side. So short of a huge disaster, huge meltdown in the economy, or a huge hit in Qualcomm (which sorta happened today already) or Broadcom, it appears that there are still people waiting for plan 3.
Personally, $1mill+ for a tract home is already pushing it for me. $1.35+ for a plan3 imho is beyond pushing it for me imho. But interesting about Plan 1c is that I know there were several people that ended up spending about $1.1 for at Saratoga after all upgrades exterior work. That was insane.
Personally, I'd consider a plan 1c if it were closer at $1mil and included all the incentives and a rate buydown for about 10 years. As someone previously posted, the current incentives are about the same as before, except now a jumbo will be over 7% as opposed to 6ish….So buying now imho, you're getting the worst of both worlds, not really lower price but definitely higher interest rates.
The other thing that bothers me is that
1) I really would like a three car garage, as opposed to 2+1tandem or 2+1workshop, especially if I'm paying $1m+.
2) Just my personal tastes, I don't really like plan 2's upstair split with master on one side and rest of room on the other. Having kid on the other side, you won't be able to hear when you're in the master bd. My only gripes about plan 3 is the price.
CoronitaParticipantpk92108,
For some reason, Plan 3 always sold out. Unfortunately, I think the waitlist for these are pretty long, and they like release a handful of them each time to control expectations and demand. Pretty crafty imho. It appears there are still people buying because (1) the lure of a new home, and (2) it's pretty large. I know a few people that moved from the Breakers to DH plan 3, and these aren't the cash strapped folks. I think where things are interesting are Plan 1 and Plan 2, namely because there are several comparables both on the Torrey Hills side and in the CCH side. So short of a huge disaster, huge meltdown in the economy, or a huge hit in Qualcomm (which sorta happened today already) or Broadcom, it appears that there are still people waiting for plan 3.
Personally, $1mill+ for a tract home is already pushing it for me. $1.35+ for a plan3 imho is beyond pushing it for me imho. But interesting about Plan 1c is that I know there were several people that ended up spending about $1.1 for at Saratoga after all upgrades exterior work. That was insane.
Personally, I'd consider a plan 1c if it were closer at $1mil and included all the incentives and a rate buydown for about 10 years. As someone previously posted, the current incentives are about the same as before, except now a jumbo will be over 7% as opposed to 6ish….So buying now imho, you're getting the worst of both worlds, not really lower price but definitely higher interest rates.
The other thing that bothers me is that
1) I really would like a three car garage, as opposed to 2+1tandem or 2+1workshop, especially if I'm paying $1m+.
2) Just my personal tastes, I don't really like plan 2's upstair split with master on one side and rest of room on the other. Having kid on the other side, you won't be able to hear when you're in the master bd. My only gripes about plan 3 is the price.
CoronitaParticipantpk92108,
For some reason, Plan 3 always sold out. Unfortunately, I think the waitlist for these are pretty long, and they like release a handful of them each time to control expectations and demand. Pretty crafty imho. It appears there are still people buying because (1) the lure of a new home, and (2) it's pretty large. I know a few people that moved from the Breakers to DH plan 3, and these aren't the cash strapped folks. I think where things are interesting are Plan 1 and Plan 2, namely because there are several comparables both on the Torrey Hills side and in the CCH side. So short of a huge disaster, huge meltdown in the economy, or a huge hit in Qualcomm (which sorta happened today already) or Broadcom, it appears that there are still people waiting for plan 3.
Personally, $1mill+ for a tract home is already pushing it for me. $1.35+ for a plan3 imho is beyond pushing it for me imho. But interesting about Plan 1c is that I know there were several people that ended up spending about $1.1 for at Saratoga after all upgrades exterior work. That was insane.
Personally, I'd consider a plan 1c if it were closer at $1mil and included all the incentives and a rate buydown for about 10 years. As someone previously posted, the current incentives are about the same as before, except now a jumbo will be over 7% as opposed to 6ish….So buying now imho, you're getting the worst of both worlds, not really lower price but definitely higher interest rates.
The other thing that bothers me is that
1) I really would like a three car garage, as opposed to 2+1tandem or 2+1workshop, especially if I'm paying $1m+.
2) Just my personal tastes, I don't really like plan 2's upstair split with master on one side and rest of room on the other. Having kid on the other side, you won't be able to hear when you're in the master bd. My only gripes about plan 3 is the price.
CoronitaParticipantpk92108,
For some reason, Plan 3 always sold out. Unfortunately, I think the waitlist for these are pretty long, and they like release a handful of them each time to control expectations and demand. Pretty crafty imho. It appears there are still people buying because (1) the lure of a new home, and (2) it's pretty large. I know a few people that moved from the Breakers to DH plan 3, and these aren't the cash strapped folks. I think where things are interesting are Plan 1 and Plan 2, namely because there are several comparables both on the Torrey Hills side and in the CCH side. So short of a huge disaster, huge meltdown in the economy, or a huge hit in Qualcomm (which sorta happened today already) or Broadcom, it appears that there are still people waiting for plan 3.
Personally, $1mill+ for a tract home is already pushing it for me. $1.35+ for a plan3 imho is beyond pushing it for me imho. But interesting about Plan 1c is that I know there were several people that ended up spending about $1.1 for at Saratoga after all upgrades exterior work. That was insane.
Personally, I'd consider a plan 1c if it were closer at $1mil and included all the incentives and a rate buydown for about 10 years. As someone previously posted, the current incentives are about the same as before, except now a jumbo will be over 7% as opposed to 6ish….So buying now imho, you're getting the worst of both worlds, not really lower price but definitely higher interest rates.
The other thing that bothers me is that
1) I really would like a three car garage, as opposed to 2+1tandem or 2+1workshop, especially if I'm paying $1m+.
2) Just my personal tastes, I don't really like plan 2's upstair split with master on one side and rest of room on the other. Having kid on the other side, you won't be able to hear when you're in the master bd. My only gripes about plan 3 is the price.
CoronitaParticipantfat_lazy:
those are pretty the exact same "incentives" i got when i bought mine back in the end of 2006; except that they paid the agent 2.5% (instead of flat 25k) and I got some percentage of that. Being the only builder there, i guess pardee isn't worried about clearing the inventory…
Also, I would welcome a strip mall with decent cheap eats. (but hell no low income housing)justbought,
Please reply… Mind if I asked if they gave you any special financing terms. I heard that for awhile Pardee Homes paying for buying down interest rates to <4% in Carriage Run and Saratoga for the first couple of years. However, it appears they didn't do this for Derby Hills. Mind if you share this information? Just for fun, I have an appointment with them tomorrow. I'll see just exactly how much they are willing to budge now. And I'll wait for 2 months and try again to see if there's any difference.
CoronitaParticipantfat_lazy:
those are pretty the exact same "incentives" i got when i bought mine back in the end of 2006; except that they paid the agent 2.5% (instead of flat 25k) and I got some percentage of that. Being the only builder there, i guess pardee isn't worried about clearing the inventory…
Also, I would welcome a strip mall with decent cheap eats. (but hell no low income housing)justbought,
Please reply… Mind if I asked if they gave you any special financing terms. I heard that for awhile Pardee Homes paying for buying down interest rates to <4% in Carriage Run and Saratoga for the first couple of years. However, it appears they didn't do this for Derby Hills. Mind if you share this information? Just for fun, I have an appointment with them tomorrow. I'll see just exactly how much they are willing to budge now. And I'll wait for 2 months and try again to see if there's any difference.
CoronitaParticipantfat_lazy:
those are pretty the exact same "incentives" i got when i bought mine back in the end of 2006; except that they paid the agent 2.5% (instead of flat 25k) and I got some percentage of that. Being the only builder there, i guess pardee isn't worried about clearing the inventory…
Also, I would welcome a strip mall with decent cheap eats. (but hell no low income housing)justbought,
Please reply… Mind if I asked if they gave you any special financing terms. I heard that for awhile Pardee Homes paying for buying down interest rates to <4% in Carriage Run and Saratoga for the first couple of years. However, it appears they didn't do this for Derby Hills. Mind if you share this information? Just for fun, I have an appointment with them tomorrow. I'll see just exactly how much they are willing to budge now. And I'll wait for 2 months and try again to see if there's any difference.
CoronitaParticipantfat_lazy:
those are pretty the exact same "incentives" i got when i bought mine back in the end of 2006; except that they paid the agent 2.5% (instead of flat 25k) and I got some percentage of that. Being the only builder there, i guess pardee isn't worried about clearing the inventory…
Also, I would welcome a strip mall with decent cheap eats. (but hell no low income housing)justbought,
Please reply… Mind if I asked if they gave you any special financing terms. I heard that for awhile Pardee Homes paying for buying down interest rates to <4% in Carriage Run and Saratoga for the first couple of years. However, it appears they didn't do this for Derby Hills. Mind if you share this information? Just for fun, I have an appointment with them tomorrow. I'll see just exactly how much they are willing to budge now. And I'll wait for 2 months and try again to see if there's any difference.
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