La Costa Villas: Great Investment Bonus
March 27th, 2008 Categories: Carlsbad, Golf, La Costa, Luxury Homes, Luxury Resorts, Real Estate News
Investors are moving back into the San Diego real estate market with impatient wallets.
They are seeking well-priced foreclosures, pre-negotiated short sales and real estate investments with income streams.
So-called bargains in sub-marginal areas may not be the wisest San Diego real estate investment move. Perceived bargains in outlying markets may be nothing of the sort, and we persistently advise our clients to stay with blue chip real estate investments especially in volatile economic times.
We just received a whisper from La Costa Resort and Spa that buyers of their Villas will receive up to $125,000 at closing for leasing their properties back to them for two years. And of course, there is always the option of using their condos as well.
This is a very limited offer, as only 10 La Costa Resort Villas whole-ownership, luxury condominiums remain. Each is fully furnished (just pack a toothbrush) with designer décor and high-end amenities throughout, and is located on the grounds of the world-class La Costa Resort and Spa.
Low out-of-pocket expenses enable resort ownership for minimal cost.
One-bedroom luxury condos start at $594,825, while two-bedroom units list for up to $1,033,000. With 75% financing, buyers can claim ownership with considerably low out-of-pocket expenses of up to $125,000. Plus, La Costa management will also waive monthly fees for two years to save La Costa Villa buyers even more.
A bonus of complimentary Villas Signature La Costa Sports Membership, valued at $16,500, is also included.
If you are interested in this exceptional value, please call Mike or Roberta Murphy for additional information at 760-402-9101 or 760-402-9102. We are including some luxury spa treatments for our buyers as well.
Read also:
Carlsbad FSBO’s and Short Sales: Carlsbad Real Estate Scoop
Carlsbad and San Diego Real Estate a Bargain for Foreign Investors
La Costa Chateaus: A Tale of Two Sisters
Carlsbad, La Costa and San Diego a Bargain for $1 Million Luxury Homes?
Pricing Your Carlsbad or San Diego Home in a Range
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The Errant Golf Ball Disclosure
January 4th, 2008 Categories: Golf, Golf Courses, La Costa
This morning I sat in on a blogging webinar hosted by Kevin Boer and Pat Kitano and had to chuckle when they asked their students to write about how Californias errant golf ball disclosure came into being.
An errant golf ball disclosure may seem like an incredible waste of paper and resources, but thats what happens when we live in such a litigious society. There are 50 to 150 pages of disclosures that are an integral part of each California real estate transaction and the one I always have fun pointing out to clients is the seemingly absurd disclosure that targets wayward golf balls.
I am then forced to explain that each of these disclosures is surely the result of some lawsuit and that one can probably glean a history of California real estate litigation by going through each disclosure item.
I dont know how the errant golf ball disclosure came into being, but I would imagine it resulted from someone like fictional Jake, who moved into a quiet La Costa golf course community and expected peaceful and quiet enjoyment while watching the bunnies and coots on the greens and fairways.
One morning while enjoying an early cup of coffee on his patio, Jake was bopped in the head by an errant golf ball, the result of some hackers stupid slice. The knot on his head throbbed, turned purple and he laughed while telling the story to a group of people at a cocktail gathering a week later.
In the audience was a personal injury attorney who suggested Jake sue the sellers of his home along with all the real estate agencies involved. These conniving home sellers and Realtors should have disclosed that bad golf shots could break windows, knock noggins and result in a collection of golf balls in the shrubbery.
Fictional Jake and his attorney sued the home sellers and their agent along with his own Realtor for failing to disclose that one of the hazards of living on a golf course is the possibility (or certainty) of errant golf balls.
Whether the case was won or lost is purely irrelevant.
Agents and home sellers in the State of California must now disclose the hazard of errant golf balls that could be flying anywhere in the Golden State.
I also heard this morning about a required local hazard disclosure in Palos Verdes about Errant Peacock Poop¦.
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