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wawawa
Participant125 MPH”
What is the hurry !!??.
Participant125 MPH”
What is the hurry !!??.
Participant125 MPH”
What is the hurry !!??.
Participant125 MPH”
What is the hurry !!??.
ParticipantAre these condos in S.D. down town auction by D.R. Horton this weekend?
September 17, 2007 at 7:50 PM in reply to: Hovnanian claims 2100 sales during 3-day sales event #84900ParticipantWhen they close the escrow then it is sold.
ParticipantYou know why HBs are dropping prices so drastically.
They want to sruvive. They desperatly need the cash flow.
It is live or die situation for them.ParticipantYou know why HBs are dropping prices so drastically.
They want to sruvive. They desperatly need the cash flow.
It is live or die situation for them.ParticipantClinton lied and nobody died.
Bush lied and thousands died.October 21, 2006 at 6:48 PM in reply to: Bressi Ranch…16 new homes to be auctioned off 10/21/06 #38174Participant“did they start at $1?” hell NO.
First 4 houses had starting bid of $200K more than the purchase price of Feb. 2005, and slowly came done and went down below purchase price and still noe body bid on them, I think bidding down went to about $300K below Feb. 2005 price.
Fifth house and other houses had stating bid of $300K below purchase pirce of Feb. 2005, some went up but still stopped far below the Feb. 2005 price. At this point they called it “subject to approval”.
Believe me fellows, this auctions are Bu!! Sh!!t. Do not think that you are going to buy anything cheap.
October 21, 2006 at 4:48 PM in reply to: Bressi Ranch…16 new homes to be auctioned off 10/21/06 #38158ParticipantBids less than the cost of property, you think banks or the seller would accept it. I do not think so.
No matter how you look at it, the owners are short. They lose money anyway.
October 21, 2006 at 3:31 PM in reply to: Bressi Ranch…16 new homes to be auctioned off 10/21/06 #38149ParticipantNot a single one of them was sold.
I went to the auction and there were about 110 people showed up. Only 10-15 people were holding “auction number” at their hand and the rest of crowd were just observer.
Last night I looked at the San Diego County records web-site and found out that these properties were sold on Feb. 2005. Price paid for these 16 properties were in the range of $950K to $1.31M.
Highest bids were in average $250K-$300K less that the sold price of Feb. 2005. As a face saving measure they called these bids “subject to approval”.
Lady who was sitting beside me told me that most people in the auction are residences of Bressi Ranch who came to see how much their properties worth. That explains sad and somber faces that I saw at the end of the auction.
Owner of these properties who are investors/lawyers from L.A. are screweeeeeeeeed.
These smart guys are going to lose $300K-$400K on each property. Lawyers, Huhhh, it could not have happened to any better groups of people.
October 21, 2006 at 10:03 AM in reply to: Bressi Ranch…16 new homes to be auctioned off 10/21/06 #38131ParticipantI am not pre-qualified, I just want to see how many fools there are buying these overpriced homes. I was told that I still can attend and watch the bidding despite that fact that I am not bidding, we shall see.
October 20, 2006 at 5:18 PM in reply to: Bressi Ranch…16 new homes to be auctioned off 10/21/06 #38104ParticipantI am going to attend the event and see what is going on.
According to San Diego County recorders office this properties are owned by MODEL HOMES PARTNERS L L C . -
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