Forum Replies Created
-
AuthorPosts
-
ocrenter
ParticipantExcellent work. the backyard will look terrific.
agree with sdr, no need to buy mature plants, the extra cost can be quite a saving. for example, Japanese Maple 24″ box cost $275, but 5 gallon is only $25.
As for the grass:
[quote=snail]Nice!!! I would change the grass to hardscape, save some water in the long run.[/quote]
Don’t change to hardscape, too much hardscape make the whole yard look commercial. would not do artificial either due to cost and heat and little pallet fillings that pets and kids would like to eat.
consider this:
http://www.ucverdebuffalograss.com/
Lastly, get a cover for that pool, you’ll save quite a bit from evaporation cost:
http://www.p2pays.org/ref/19/18051/poolevaporation.htm
good luck!
Participant[quote=Eugene]The former owner of 16344 Winecreek got his notice of default on … (drumroll)… April 24, 2008. I wonder how he managed to hold on to the property for that long?[/quote]
I believe he enrolled in the 2 year free rent for keys program. He is now applying for an extension… time will tell if he is successful.
Participant[quote=Eugene]The former owner of 16344 Winecreek got his notice of default on … (drumroll)… April 24, 2008. I wonder how he managed to hold on to the property for that long?[/quote]
I believe he enrolled in the 2 year free rent for keys program. He is now applying for an extension… time will tell if he is successful.
Participant[quote=Eugene]The former owner of 16344 Winecreek got his notice of default on … (drumroll)… April 24, 2008. I wonder how he managed to hold on to the property for that long?[/quote]
I believe he enrolled in the 2 year free rent for keys program. He is now applying for an extension… time will tell if he is successful.
Participant[quote=Eugene]The former owner of 16344 Winecreek got his notice of default on … (drumroll)… April 24, 2008. I wonder how he managed to hold on to the property for that long?[/quote]
I believe he enrolled in the 2 year free rent for keys program. He is now applying for an extension… time will tell if he is successful.
Participant[quote=Eugene]The former owner of 16344 Winecreek got his notice of default on … (drumroll)… April 24, 2008. I wonder how he managed to hold on to the property for that long?[/quote]
I believe he enrolled in the 2 year free rent for keys program. He is now applying for an extension… time will tell if he is successful.
Participantsomeone was asking about how Ivy Gate is doing, well, we got 6 homes on the courthouse steps this coming month:
10263 WINECREEK COURT
2/8/2010 10:00:00 AM9958 WINECREST RD
2/11/2010 10:00:00 AM9934 WINECREST ROAD
2/19/2010 10:00:00 AM10284 WINECREEK CT
2/19/2010 10:00:00 AM10239 WINECREEK COURT
2/24/2010 10:00:00 AM16343 WINECREEK ROAD
2/25/2010 10:00:00 AMnow Ivy Gate only has 65 homes, so that’s nearly 10% of the homes in this single development going on auction within a month.
of note, I first featured 10263 WINECREEK COURT back in September of 2006 on BMIT:
“Let’s go back to July 2006. With 24 months of sales decline, with inventory passing historic high, with the year-over-year median price turning negative for the first time in years, you wouldn’t think anyone would commit himself to a $1.6 million mortgage on a 5,359 sqft flip.
Well, think again. 10xx3 Winecreek Court is a 5,359 sqft McMansion of all McMansions in 4S Ranch’s luxury development of Ivy Gate. Purchased in July 2006 for $1.611 million, the flipper placed the home on the market 2 months later. Hoping for a $264,000 profit after the 6% commission, the property was listed for $1.995 million on 9/6/06.
Looks like the mortgage on $1.6 million is a bit hard to handle. The flipper held out for his $1.995 million for exactly 6 days, dropping his asking price to $1.945 million. Another 6 days later, the asking price is now down to $1.745 million by 9/18/06. Why $1.745 million? Well, $1.611 million + 6% commission = $1.72 million. Hmmm… another flipper setting the price based on what he needs to break even. A recipe for foreclosure? Stupid is as stupid does!”
all it took was 3.5 years for this bad flip attempt to make it to the courthouse steps.
Participantsomeone was asking about how Ivy Gate is doing, well, we got 6 homes on the courthouse steps this coming month:
10263 WINECREEK COURT
2/8/2010 10:00:00 AM9958 WINECREST RD
2/11/2010 10:00:00 AM9934 WINECREST ROAD
2/19/2010 10:00:00 AM10284 WINECREEK CT
2/19/2010 10:00:00 AM10239 WINECREEK COURT
2/24/2010 10:00:00 AM16343 WINECREEK ROAD
2/25/2010 10:00:00 AMnow Ivy Gate only has 65 homes, so that’s nearly 10% of the homes in this single development going on auction within a month.
of note, I first featured 10263 WINECREEK COURT back in September of 2006 on BMIT:
“Let’s go back to July 2006. With 24 months of sales decline, with inventory passing historic high, with the year-over-year median price turning negative for the first time in years, you wouldn’t think anyone would commit himself to a $1.6 million mortgage on a 5,359 sqft flip.
Well, think again. 10xx3 Winecreek Court is a 5,359 sqft McMansion of all McMansions in 4S Ranch’s luxury development of Ivy Gate. Purchased in July 2006 for $1.611 million, the flipper placed the home on the market 2 months later. Hoping for a $264,000 profit after the 6% commission, the property was listed for $1.995 million on 9/6/06.
Looks like the mortgage on $1.6 million is a bit hard to handle. The flipper held out for his $1.995 million for exactly 6 days, dropping his asking price to $1.945 million. Another 6 days later, the asking price is now down to $1.745 million by 9/18/06. Why $1.745 million? Well, $1.611 million + 6% commission = $1.72 million. Hmmm… another flipper setting the price based on what he needs to break even. A recipe for foreclosure? Stupid is as stupid does!”
all it took was 3.5 years for this bad flip attempt to make it to the courthouse steps.
Participantsomeone was asking about how Ivy Gate is doing, well, we got 6 homes on the courthouse steps this coming month:
10263 WINECREEK COURT
2/8/2010 10:00:00 AM9958 WINECREST RD
2/11/2010 10:00:00 AM9934 WINECREST ROAD
2/19/2010 10:00:00 AM10284 WINECREEK CT
2/19/2010 10:00:00 AM10239 WINECREEK COURT
2/24/2010 10:00:00 AM16343 WINECREEK ROAD
2/25/2010 10:00:00 AMnow Ivy Gate only has 65 homes, so that’s nearly 10% of the homes in this single development going on auction within a month.
of note, I first featured 10263 WINECREEK COURT back in September of 2006 on BMIT:
“Let’s go back to July 2006. With 24 months of sales decline, with inventory passing historic high, with the year-over-year median price turning negative for the first time in years, you wouldn’t think anyone would commit himself to a $1.6 million mortgage on a 5,359 sqft flip.
Well, think again. 10xx3 Winecreek Court is a 5,359 sqft McMansion of all McMansions in 4S Ranch’s luxury development of Ivy Gate. Purchased in July 2006 for $1.611 million, the flipper placed the home on the market 2 months later. Hoping for a $264,000 profit after the 6% commission, the property was listed for $1.995 million on 9/6/06.
Looks like the mortgage on $1.6 million is a bit hard to handle. The flipper held out for his $1.995 million for exactly 6 days, dropping his asking price to $1.945 million. Another 6 days later, the asking price is now down to $1.745 million by 9/18/06. Why $1.745 million? Well, $1.611 million + 6% commission = $1.72 million. Hmmm… another flipper setting the price based on what he needs to break even. A recipe for foreclosure? Stupid is as stupid does!”
all it took was 3.5 years for this bad flip attempt to make it to the courthouse steps.
Participantsomeone was asking about how Ivy Gate is doing, well, we got 6 homes on the courthouse steps this coming month:
10263 WINECREEK COURT
2/8/2010 10:00:00 AM9958 WINECREST RD
2/11/2010 10:00:00 AM9934 WINECREST ROAD
2/19/2010 10:00:00 AM10284 WINECREEK CT
2/19/2010 10:00:00 AM10239 WINECREEK COURT
2/24/2010 10:00:00 AM16343 WINECREEK ROAD
2/25/2010 10:00:00 AMnow Ivy Gate only has 65 homes, so that’s nearly 10% of the homes in this single development going on auction within a month.
of note, I first featured 10263 WINECREEK COURT back in September of 2006 on BMIT:
“Let’s go back to July 2006. With 24 months of sales decline, with inventory passing historic high, with the year-over-year median price turning negative for the first time in years, you wouldn’t think anyone would commit himself to a $1.6 million mortgage on a 5,359 sqft flip.
Well, think again. 10xx3 Winecreek Court is a 5,359 sqft McMansion of all McMansions in 4S Ranch’s luxury development of Ivy Gate. Purchased in July 2006 for $1.611 million, the flipper placed the home on the market 2 months later. Hoping for a $264,000 profit after the 6% commission, the property was listed for $1.995 million on 9/6/06.
Looks like the mortgage on $1.6 million is a bit hard to handle. The flipper held out for his $1.995 million for exactly 6 days, dropping his asking price to $1.945 million. Another 6 days later, the asking price is now down to $1.745 million by 9/18/06. Why $1.745 million? Well, $1.611 million + 6% commission = $1.72 million. Hmmm… another flipper setting the price based on what he needs to break even. A recipe for foreclosure? Stupid is as stupid does!”
all it took was 3.5 years for this bad flip attempt to make it to the courthouse steps.
Participantsomeone was asking about how Ivy Gate is doing, well, we got 6 homes on the courthouse steps this coming month:
10263 WINECREEK COURT
2/8/2010 10:00:00 AM9958 WINECREST RD
2/11/2010 10:00:00 AM9934 WINECREST ROAD
2/19/2010 10:00:00 AM10284 WINECREEK CT
2/19/2010 10:00:00 AM10239 WINECREEK COURT
2/24/2010 10:00:00 AM16343 WINECREEK ROAD
2/25/2010 10:00:00 AMnow Ivy Gate only has 65 homes, so that’s nearly 10% of the homes in this single development going on auction within a month.
of note, I first featured 10263 WINECREEK COURT back in September of 2006 on BMIT:
“Let’s go back to July 2006. With 24 months of sales decline, with inventory passing historic high, with the year-over-year median price turning negative for the first time in years, you wouldn’t think anyone would commit himself to a $1.6 million mortgage on a 5,359 sqft flip.
Well, think again. 10xx3 Winecreek Court is a 5,359 sqft McMansion of all McMansions in 4S Ranch’s luxury development of Ivy Gate. Purchased in July 2006 for $1.611 million, the flipper placed the home on the market 2 months later. Hoping for a $264,000 profit after the 6% commission, the property was listed for $1.995 million on 9/6/06.
Looks like the mortgage on $1.6 million is a bit hard to handle. The flipper held out for his $1.995 million for exactly 6 days, dropping his asking price to $1.945 million. Another 6 days later, the asking price is now down to $1.745 million by 9/18/06. Why $1.745 million? Well, $1.611 million + 6% commission = $1.72 million. Hmmm… another flipper setting the price based on what he needs to break even. A recipe for foreclosure? Stupid is as stupid does!”
all it took was 3.5 years for this bad flip attempt to make it to the courthouse steps.
Participantok, got the price California West paid per parcel.
each lot for Monteluz was $225,000. Assuming $80/sqft cost per home, that’ll be $280,000. which means $500k cost to the builder. the builder then sells for $700k, or $200k margin per home.
each lot for Andalusia went for $215,000.
both properties were purchased by California West during the peak of the credit crunch in Oct/Nov of 2008.
California West probably figured they would have to sell these homes at low to mid $600k if the credit crunch continued to be severe. but due the government intervention, the demand return and they are able to make an additional $100k per home.
Participantok, got the price California West paid per parcel.
each lot for Monteluz was $225,000. Assuming $80/sqft cost per home, that’ll be $280,000. which means $500k cost to the builder. the builder then sells for $700k, or $200k margin per home.
each lot for Andalusia went for $215,000.
both properties were purchased by California West during the peak of the credit crunch in Oct/Nov of 2008.
California West probably figured they would have to sell these homes at low to mid $600k if the credit crunch continued to be severe. but due the government intervention, the demand return and they are able to make an additional $100k per home.
Participantok, got the price California West paid per parcel.
each lot for Monteluz was $225,000. Assuming $80/sqft cost per home, that’ll be $280,000. which means $500k cost to the builder. the builder then sells for $700k, or $200k margin per home.
each lot for Andalusia went for $215,000.
both properties were purchased by California West during the peak of the credit crunch in Oct/Nov of 2008.
California West probably figured they would have to sell these homes at low to mid $600k if the credit crunch continued to be severe. but due the government intervention, the demand return and they are able to make an additional $100k per home.
-
AuthorPosts
