Laguna Altura...can you say broker co-op?

NEW -> Contingent Buyer Assistance Program
For LA to stop additional phases after being open only 90+ days and without a delivered home would be unimaginable. It's price, price, price, and soon to become financing, financing, financing. Now that QE-2 is over and the Greek default is postponed another 90 days, rates are rising and lenders cutting off low rate loans greater than $625,500, it's going to be a very bumpy ride for TIC soon. Perhaps with UCI's 2011-2012 school year beginning soon a wave of FCB's will arrive in time to rescue this development.

My .02c

Soylent Green Is People.
 
sgip said:
For LA to stop additional phases after being open only 90+ days and without a delivered home would be unimaginable. It's price, price, price, and soon to become financing, financing, financing. Now that QE-2 is over and the Greek default is postponed another 90 days, rates are rising and lenders cutting off low rate loans greater than $625,500, it's going to be a very bumpy ride for TIC soon. Perhaps with UCI's 2011-2012 school year beginning soon a wave of FCB's will arrive in time to rescue this development.

My .02c

Soylent Green Is People.
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I'd be very curious what would happen to prices if they brought the limit down to $417k like they have it for most other parts of the country. 
 
USCTrojanCPA said:
I'd be very curious what would happen to prices if they brought the limit down to $417k like they have it for most other parts of the country.
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Defensible, tillable, land.

Save ammo, water, and food.

Remember, at the end, only your will to survive matters.
 
36 Como (Toscana plan 1) is $1.071 M in their office and $1.108 M on MLS. The 37K discrepency is inetresting! Is that for the supposed upgarded flooring?
 
63 Modena had a $91,000 drop. I guess Plan 2 at Cortona isn't selling either. Don't see a Plan 3 listed on MLS, so perhaps they sold some of those.

So do they adjust the prices for the suckers who already bought?
 
IndieDev said:
Is there a $20,000 Vermin Removal Credit?

Have you guys seen the size of the rats running around Laguna Altura? (I'm not talking about TIC reps either)
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You serious about the rats? I've only seen one rat running at night in QH, but I guess it is more estabished. Oh well, guess I'm glad I'm not living in the dust bowl, but it sounds like they ain't selling very many so far.
 
zakami said:
63 Modena had a $91,000 drop. I guess Plan 2 at Cortona isn't selling either. Don't see a Plan 3 listed on MLS, so perhaps they sold some of those.

So do they adjust the prices for the suckers who already bought?
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Interesting how a Cortona would drop 90k and the Toscana's drop 60-70k
 
frank69m said:
IndieDev said:
Is there a $20,000 Vermin Removal Credit?

Have you guys seen the size of the rats running around Laguna Altura? (I'm not talking about TIC reps either)
Click to expand...

You serious about the rats? I've only seen one rat running at night in QH, but I guess it is more estabished. Oh well, guess I'm glad I'm not living in the dust bowl, but it sounds like they ain't selling very many so far.
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I'm not sure if they're still there, but around the empty Toscana lots, you can clearly see rat traps planted every 50 yards or so near the fences, and edges of the lots.

That area has been uninhabited by humans for ... a very long time and is populated by verified field mouse colonies. In fact that area all the way to the 133 nature preserve is full of mice and rats. Maybe TIC will get rid of them, but I doubt it.

To be fair, Crystal Cove/Newport Coast used to have lots of field mice too. I'm not sure how much of a problem it is now. My friends who live in that area don't complain about it publicly.
 
Dont all new developments suffer some sort of pest issue?  I see rabbits at PS and WB.  In the resale homes I have toured in WB, every SINGLE house had tons of ants.  I figure it will be years before the humans win in these new developments.
 
rkp said:
Dont all new developments suffer some sort of pest issue?  I see rabbits at PS and WB.  In the resale homes I have toured in WB, every SINGLE house had tons of ants.  I figure it will be years before the humans win in these new developments.
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Depends on what type of land the development is built on. Irvine has a lot of pest infested land.

That being said I'd rather deal with ants than field mice and rats. Once those type of pest get into your duct work, it's basically over.
 
Visited San Marino at WB, Maricopa at SG, and Toscana and Cortona at LA today.  WB and SG had good amount of people but LA was PACKED.  No space for parking, people in every room of every model, all the sales rep busy answering questions.  I was surprised by the amount of foot traffic.

I think this has been covered by LA doesnt make any sense to us.  We like QH and being closer to beach but LA has 1 freakin park for entire community.  I dont understand why they wouldnt put in more greenspace and pocket parks.  SG style parks would be more than perfect for LA...not looking for huge WB style community. 

Also, I was very displeased hearing every footstep and voices while being downstairs in the model.  This was the case for all the homes.  I thought IPac was high quality builder...when I visit my friends Toll Brothers houses, you cant hear anything upstairs from downstairs.
 
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