Laguna Altura homes

NEW -> Contingent Buyer Assistance Program
Indie hit the nail on the head, the true 1%ers are not those working for the man but rather those that take calculated risk and work for themselves.  I was able to move up the purchase time frame by supplmenting my income with risky option trading (definitely not for the faint of heart or those with a weak stomach), but with a combition of luck and technical research I had some nice gains.  As the saying goes, no gutts no glory.
 
rkp said:
wage earners can be in the 1% club as well.  "$343,927 was the minimum AGI to be included"
http://globalpublicsquare.blogs.cnn.com/2011/10/20/who-are-the-one-percent/

i get that doing your own thing and taking a big risk can make big rewards but i know many rich people who work in corporate america.  mid level management with stock options can be extremely rewarding.

i thought it would be higher than that.

Indie - are there any homes for sale in your neighborhood? Looks like my wife and I are moving to CDM! Although we cant pay cash. Looks like Indie and IHS have company now. Now i can also look down at there rest of you 99%/TI'ers as well  :)
 
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rkp said:
is it just income cause my wife and i can join or do we need to be assholes as well? :)

funny-date-girl-guy-true-story-meme.jpg
 
IndieDev said:
qwerty can only be in our club if he goes through the initiation.

It's because I'm Mexican right? Sometimes I wish I was white.  First Asians don't say hi to me now I need to be initiated?
 
Mexicans have to try much harder to demonstrate that they are actually smart. Sorry Pal that is just an Irvine rule. I guess by default you have been the 1%er according to IUSD. Because of your people Irvine is still stuck in the 3 digit API scores. If you become rich people will always assume you got the wealth from your in laws.
 
qwerty said:
IndieDev said:
qwerty can only be in our club if he goes through the initiation.

It's because I'm Mexican right? Sometimes I wish I was white.  First Asians don't say hi to me now I need to be initiated?

Well, you did pass the Panda test, but I'm still not convinced.
 
What is a Panda test? Is that some sort of humiliation test I don't know about?

IndieDev said:
qwerty said:
IndieDev said:
qwerty can only be in our club if he goes through the initiation.

It's because I'm Mexican right? Sometimes I wish I was white.  First Asians don't say hi to me now I need to be initiated?

Well, you did pass the Panda test, but I'm still not convinced.
 
irvinehomeshopper said:
What is a Panda test? Is that some sort of humiliation test I don't know about?

IndieDev said:
qwerty said:
IndieDev said:
qwerty can only be in our club if he goes through the initiation.

It's because I'm Mexican right? Sometimes I wish I was white.  First Asians don't say hi to me now I need to be initiated?

Well, you did pass the Panda test, but I'm still not convinced.

qwerty passed Panda's intelligence test for Mexicans. Panda (Baby Irvine) said he found qwerty intelligent or knowledgeable for a Mexican.
 
jamboreedude said:
Anybody has the latest copy of the pricing sheet taken from Cortona sales office? A JPG image copy would be nice.

I'd do it for you, but all the gear is down since we are moving soon.    Last I heard from Karen (saleslady), they only had two plan 1's available. 

Prices haven't really changed for quite some time.  Plan 1 base price is $855K and Plan 2 is $960K.  I don't know Plan 3 since it was never really a consideration.  You see some up-pricing without options because they do stupid things like charge you $4-5K for the tuscan exterior (bricks)...  I dont think the current phases are very attractive since they've built down towards the San Remo end of the development.    Overall, I think you'd want to be closer to the Toscana tract where the 2 nice parks are. 

Pricing is not very great here, and my hope is that as the development builds on the back 2 streets, pricing comes down a bit.  However, the indication is that it will take a couple of years for the building to get back there.  Next phases are coming down Tesoro (towards the 133 and the front of the development). 


 
My best estimates of the homes "sold" for each of the tracts in Laguna Altura as of the past Sunday afternoon:
Sienna: 20 out of 195, or 10% sold
San Remo: 20 out of 164, or 12%
Cortona: 32 out of 152, or 21%
Toscana: 25 out of 86, or 29%.

The further away from 405, the better the sales - Toscana is almost 30% sold. Sienna and San Remo do 6 units per release, so this means they are still in phase 4 and 5. In comparison, Sienna's sister product San Mateo is on phase 16, heading toward 75% sold with only 2 months head start. San Marcos and Maricopa are about 50% sold.

At this rate (9 months after grand opening), LA is probably not going to be sold out in another 8 years, for those smaller detached condoes. TIC is either waiting for some hyper-inflation or fast RMB appreciation in the near future to save this development.

Do you know that TIC actually has blue "reserved" buttons but never used?
The meaning of "sold" is as liberal as you can get - not very surprising.
 
The Motor Court Company said:
My best estimates of the homes "sold" for each of the tracts in Laguna Altura as of the past Sunday afternoon:
Sienna: 20 out of 195, or 10% sold
San Remo: 20 out of 164, or 12%
Cortona: 32 out of 152, or 21%
Toscana: 25 out of 86, or 29%.

The further away from 405, the better the sales - Toscana is almost 30% sold. Sienna and San Remo do 6 units per release, so this means they are still in phase 4 and 5. In comparison, Sienna's sister product San Mateo is on phase 16, heading toward 75% sold with only 2 months head start. San Marcos and Maricopa are about 50% sold.

At this rate (9 months after grand opening), LA is probably not going to be sold out in another 8 years, for those smaller detached condoes. TIC is either waiting for some hyper-inflation or fast RMB appreciation in the near future to save this development.

Do you know that TIC actually has blue "reserved" buttons but never used?
The meaning of "sold" is as liberal as you can get - not very surprising.


It goes to show you people with money prefer REAL single family homes (with full driveways), unlike Sienna and San Remo, which are motorcourt/condo style homes.

TIC should just scrap the Sienna and San Remo tracts in favor of more homes similar in size and design to Cortona.
 
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