College Park in Chino

[momopi]

If you're in the market to buy, it's very difficult right now due to low inventory.  Expect a LOT of competition and all cash offers.

Do these all cash offers generally apply to new development homes as well?  We are on the priority list, though I feel it's more of a crapshoot, since the order they "rank" us so to speak are based on more factors than just the day and time you signed up...  We intend to make at least 20% down, but we're definitely not an all cash buyer.

I did not bid on any new developments, so cannot say.  Sorry.

 

[phanpd]

If you're in the market to buy, it's very difficult right now due to low inventory.  Expect a LOT of competition and all cash offers.

Do these all cash offers generally apply to new development homes as well?

I have an answer to my own question.  Went to check out one of these Edgewood homes they had for rent (yes, they are renting it out already!).  Phase 1 has just finished building.  Apparently the buyer owns at least two of these tracts, had successfully rented one out already.

Now I truly know what these legendary "FCB"s are in person.  This dude didn't speak a lick of English, except to say "Chinese".  His agent did all the talking.  It's pretty disappointing to see that this is one of the reasons why I'm having trouble buying one of these new homes, losing out to people who made their riches in another country and using their money here, increasing home prices and adding to the long waitlists.  I suppose that's a different subject(s?) altogether.

But that's just me whining.  Money is power.  And foreign money is greater power apparently.

 

[NASCAR24]

I went to check out some Standard Pacific Homes in Chino, since I'm looking for a single family detached.  The homes were nice but way to close to the prison.  After seeing this thread Chino is definitely not a consideration of mine anymore.