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ocrenter
Participantbrian, what do you think about taking over BMIT instead?
I just got a whole bunch of requests to be invited which I can’t honor due to blogger limit.
e-mail me.
Participantexactly, that $100k of “free” upgrade translate to $1000 extra on your property tax for years to come, it will truly be the “gift” that keeps on giving.
if the builder or fuzzywuzzybroker suggest that you take that $100k of upgrades, just ask them to reduce that purchase price by $100k.
Participantexactly, that $100k of “free” upgrade translate to $1000 extra on your property tax for years to come, it will truly be the “gift” that keeps on giving.
if the builder or fuzzywuzzybroker suggest that you take that $100k of upgrades, just ask them to reduce that purchase price by $100k.
Participantexactly, that $100k of “free” upgrade translate to $1000 extra on your property tax for years to come, it will truly be the “gift” that keeps on giving.
if the builder or fuzzywuzzybroker suggest that you take that $100k of upgrades, just ask them to reduce that purchase price by $100k.
Participantexactly, that $100k of “free” upgrade translate to $1000 extra on your property tax for years to come, it will truly be the “gift” that keeps on giving.
if the builder or fuzzywuzzybroker suggest that you take that $100k of upgrades, just ask them to reduce that purchase price by $100k.
Participantexactly, that $100k of “free” upgrade translate to $1000 extra on your property tax for years to come, it will truly be the “gift” that keeps on giving.
if the builder or fuzzywuzzybroker suggest that you take that $100k of upgrades, just ask them to reduce that purchase price by $100k.
Participantone additional comment here regarding options.
Don’t get options from the builder. $100k options from the builder is really sub $50k when you shop around aftermarket.
Participantone additional comment here regarding options.
Don’t get options from the builder. $100k options from the builder is really sub $50k when you shop around aftermarket.
Participantone additional comment here regarding options.
Don’t get options from the builder. $100k options from the builder is really sub $50k when you shop around aftermarket.
Participantone additional comment here regarding options.
Don’t get options from the builder. $100k options from the builder is really sub $50k when you shop around aftermarket.
Participantone additional comment here regarding options.
Don’t get options from the builder. $100k options from the builder is really sub $50k when you shop around aftermarket.
Participanteach parcel at $300k, with mello roos at $6000 per year. holding cost for each parcel is $9000 on taxes and $22,000 on mortgage per year, or $31000 if they wish to hold the land and not build.
they do have the option of simply build and sell with their bottom line being low to mid $500k per home.
the ones that are facing foreclosure or already in foreclosure will just stop building, try to get rid of existing homes thru fire sales (but remember, they will NEVER advertise how much lower they are willing to go down because they don’t want to anger the phase 1 owner that paid $900k).
meanwhile, the ones that have the capital will simply finish out their lots just to break even because even that is better than holding cost of $31k a pop for who knows how many years.
Participanteach parcel at $300k, with mello roos at $6000 per year. holding cost for each parcel is $9000 on taxes and $22,000 on mortgage per year, or $31000 if they wish to hold the land and not build.
they do have the option of simply build and sell with their bottom line being low to mid $500k per home.
the ones that are facing foreclosure or already in foreclosure will just stop building, try to get rid of existing homes thru fire sales (but remember, they will NEVER advertise how much lower they are willing to go down because they don’t want to anger the phase 1 owner that paid $900k).
meanwhile, the ones that have the capital will simply finish out their lots just to break even because even that is better than holding cost of $31k a pop for who knows how many years.
Participanteach parcel at $300k, with mello roos at $6000 per year. holding cost for each parcel is $9000 on taxes and $22,000 on mortgage per year, or $31000 if they wish to hold the land and not build.
they do have the option of simply build and sell with their bottom line being low to mid $500k per home.
the ones that are facing foreclosure or already in foreclosure will just stop building, try to get rid of existing homes thru fire sales (but remember, they will NEVER advertise how much lower they are willing to go down because they don’t want to anger the phase 1 owner that paid $900k).
meanwhile, the ones that have the capital will simply finish out their lots just to break even because even that is better than holding cost of $31k a pop for who knows how many years.
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