Bloodbath in Coto de Caza

NEW -> Contingent Buyer Assistance Program
<blockquote>come on cal gal. Prices have dropped 20% everywhere else, but not in coto de caza. Get with it! </blockquote>
Oh yeah, I forgot. The high-end communities are immune.



:lol: :lol: :lol: :lol: :lol: :lol:
 
You think Jeana and Vicki will still be buds after Vicki figures out that not only can she not get the $1,650,000 that she paid, but she can't even get enough to cover her loan?
 
<blockquote>You think Jeana and Vicki will still be buds after Vicki figures out that not only can she not get the $1,650,000 that she paid, but she can?t even get enough to cover her loan? </blockquote>
Do we know how much of a downpayment she put down and how much she borrowed to purchase the house?
 
Maybe she'll give it the blonde 40 year old realtor and she'll sale it! ooo season 4 drama!



I didn't seeany of season 3 with Tamra. I just saw pictures of her. So I am not sure who I would root for.
 
$1,320,000 first + $165,000 second, both with Countrywide.



Edited to add: I have seen about 30 seconds of that show and decided I'd rather not watch any more. But if it were LOST...
 
Thanks IR2. You are a wealth of fun info.


My estimation puts her monthly P&I;at about $9000 and taxes at $1500 for a total of $10500 plus maintenance and insurance, etc.




<p>

Calgal - What do you think you could rent 2 Altimira for? $4500 - $4800?


<p>

Yup, that is one heck of a negative cash flow on a <strong>DEPRECIATING</strong> asset.
 
<blockquote>Calgal - What do you think you could rent 2 Altimira for? $4500 - $4800? </blockquote>
Awgee - I think you are right on the numbers with $4500 - $4800. I've been tracking Coto leases and they've been around $1.18 - $1.55 per sq ft (depending on view, etc). Even rental amounts are going down. Plus it's been taking about 3-4 months to lease properties, so you can imagine the vacancy time is hurting them.



<a href="http://california.neighborcity.com/Coto_de_Caza/detail/83510080/8_Birkdale_Way_92679/">8 Birkdale</a> just leased for $3,800 ($1.18/sq ft). - 3210 sq ft, 5 br, 4 bath. They were trying to sell it, but I guess they figured they needed to rent it out before they handed the keys over to the bank.



P.S. Have you been to <a href="http://www.rubys.com/">Ruby's</a> lately? <a href="http://vickigunvalson.com/">Vicki's new office</a> is right next door.



Edited: THANKS, IR2. YOU ROCK! And we are a Lost household as well! It's a Tivo Fav.
 
I too am a Lost and TiVo fan. Just an alert for you others, I noticed that my TiVo was not going to record the season finale next week. :bug: The episode looks like it has the same name as the previous one, so I think the Tivo thought it already recorded it. Missing the finale? -- the horror!
 
[quote author="CalGal" date=1211604589]<blockquote>

P.S. Have you been to <a href="http://www.rubys.com/">Ruby's</a> lately? <a href="http://vickigunvalson.com/">Vicki's new office</a> is right next door.

</blockquote>



We go to Rubys alot, but I did not know that Ms. Vicki's office was close.
 
<blockquote>

P.S. Have you been to <a href="http://www.rubys.com/">Ruby's</a> lately? <a href="http://vickigunvalson.com/">Vicki's new office</a> is right next door.

</blockquote>



We go to Rubys alot, but I did not know that Ms. Vicki's office was close.




I like Bloomburg and "Burn Notice".
 
<blockquote>Missing the finale??the horror! </blockquote>
Good to know - THANKS! I'll double-check to make sure ours is set up properly.
 
<blockquote>We go to Rubys alot, but I did not know that Ms. Vicki?s office was close. </blockquote>
Yeah, you almost have to walk right past her office to get into Ruby's. It looks like she rented space from a real estate company. We just fell upon it by accident.
 
[quote author="CalGal" date=1211610357]<blockquote>We go to Rubys alot, but I did not know that Ms. Vicki?s office was close. </blockquote>
Yeah, you almost have to walk right past her office to get into Ruby's. It looks like she rented space from a real estate company. We just fell upon it by accident.</blockquote>


What does the sign say? I am overcome with celebrity worship.
 
Now that she's working so close to Ruby's it will be convenient for her to get a second job at the Diner. She's going to need some extra income to write that check at the closing since she'll be underwater.
 
[quote author="awgee" date=1211609917]<blockquote>

P.S. Have you been to <a href="http://www.rubys.com/">Ruby's</a> lately? <a href="http://vickigunvalson.com/">Vicki's new office</a> is right next door.

</blockquote>



We go to Rubys alot, but I did not know that Ms. Vicki's office was close.




I like Bloomburg and "Burn Notice".</blockquote>






'Burn Notice" is cool. Who cares about Vicki? She certainly doesn't care about anyone else.
 
<blockquote>Who cares about Vicki? She certainly doesn?t care about anyone else. </blockquote>
We don't care - she's just another knife catcher trying to sell her overpriced house in this declining market. We just want to see how much she'll lose on her "investment."
 
<a href="http://www.ocregister.com/articles/house-home-caza-2054856-square-foot">Home sells for $19.5 million in Coto de Caza</a>

Price is record for the gated community.

By MARK EADES

STAFF WRITER



A home in the Los Ranchos Estates section of Coto de Caza sold for $19.5 million last week.



The 15,000-square-foot home sits on a 9.6-acre lot with views of the Santa Ana Mountains and Coto de Caza.



According to listing information, the custom built two-story home on Violeta Lane in the gated community has 7 bedrooms, 12 bathrooms and a 10-car garage.



The architecture style of the house is Tuscan. The house comes with stables, a tennis court, pool house, wine cellar, theater, billiards room, 2,000-square-foot master bedroom suite, two kitchens and an outdoor kitchen.
 
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