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bearbait1
Junior Nomad
Posts: 74
Registered: 9-23-2007
Location: North Pole AK
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About the house picture. The plans said to put the poles 200' apart so I puts em 200' apart, what's the problem boss.
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Minnow
Banned
Posts: 1110
Registered: 8-30-2002
Location: Lost Wages
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Mood: Embarrased Harry Reid is a Nevadan
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| Quote: | Originally posted by Roberto
Don't forget the Mexican business principle:
When business is slow, raise your prices.
So, slowing of business may or may not be an indicator of where prices will go.  |
Mexican Econ.101
I sell 100 tacos a day.
Price of taco is 10 pesos.
I make 1000 pesos a day.
Business is slow. I only sell 50 tacos a day
price of taco is 20 pesos
I make 1000 pesos a day.
You can apply this to any product you like.
Everyone know the difference between a recession and a Depression?
A recession is when your neighbor looses his job.
A depression is when you loose your job.
Proud husband of a legal immigrant.
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gibson
Banned
Posts: 250
Registered: 2-6-2007
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true
| Quote: | Originally posted by Slowmad
The above thread hijack has been brought to you by Columbia Pictures hilarious new release, "Why Cousins Shouldn't Marry." |
that's vegas baby. "par for the course"
Back to topic... there'll be some small 'topes' on the real estate highway (projects are always getting stalled here) but nothing's going in reverse.
No-one's catching pnemonia (sp) or a cold just because the north is getting sick! (Even with impending recession of '08). next
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gnukid
Ultra Nomad
Posts: 4411
Registered: 7-2-2006
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In case anyone is interested, here's the La Paz MLS. There are apparently only about 50 homes for sale and very few if any actual newly constructed
homes on the market. It's sold out down here.
La paz mls
[Edited on 11-30-2007 by gnukid]
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Woooosh
Banned
Posts: 5240
Registered: 1-28-2007
Location: Rosarito Beach
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Mood: Luminescent Waves at Rosarito Beach
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Nobody is going to clean this house!!
Baja Fair Trade Group Expelled from AMPI
Board not re-elected
BY NANCY CONROY
The members of the Baja Fair Trade real estate group have been expelled from the local real estate organization in Rosarito (AMPI) for advocating Baja
real estate reform. The group recently announced that they would promote the concepts of Full Disclosure, Escrow, and Title Insurance in order to
protect buyers in the Baja marketplace. The announcement was severely criticized by a local group of real estate agents. These individuals accused the
group of slander and bad attitudes, and orchestrated their summary expulsion from AMPI. Brian Flock, an expelled Baja Fair Trade member, said
“Disclosure clearly hit a nerve within the old guard leadership of the Rosarito associations. I suppose that disclosure was too much of a threat to
the bread-and-butter of their businesses.” A week after the affair, AMPI elected a different board of directors.
Baja Fair Trade had presented a proposal to improve consumer protection in the Baja real estate market. Their proposal included a disclosure form that
would require all members to disclose known defects in a property to potential buyers. For example, Baja Fair Trade would require members to disclose
sewage issues or title litigation. Additionally, Baja Fair Trade argued that agents should advise clients to use Escrow, obtain Title Insurance, legal
guidance, a home inspection, and use a professional closing method. Although these measures reflect the ordinary expectations of any buyer, the
proposals were treated as heretical by some members of the Rosarito real estate groups.
The brouhaha began when an AMPI member, Ronald Hoff, circulated an email alleging that the group members were “Ugly Americans”, and arguing that “for
you to come here and promote yourselves as “experts” who are going to “clean things up” is both laughable and embarrassing”. Hoff asked “who appointed
you sheriff?”, and accused the group of associating with the Gringo Gazette.
Then, Willie Bautista, the president of another local real estate organization (APIR), sent a letter to Baja Fair Trade rebuking them for their “bad
attitude”. Bautista wrote “You have the attitude that we should change our ways to make our methods of doing business just like in the States. You
assert that the Baja Fair Trade group will clean things up and make it safe for the buyer to purchase in Mexico…It is your underlying attitude that
needs adjustment. You are new here. You are foreigners. You do not understand the “Mexican way of doing real estate”” Bautista demanded that Baja Fair
Trade apologize for their actions, adding that if they did not “we refuse to forgive and forget”.
Baja Fair Trade member Victor Loza, who is one of three Mexican members of the group, wrote that “the message sent is an unfortunate use of a
leadership position to multiply the idea that Americans must be silent when in our country”, adding that as a Mexican professional he disagreed with
this “bully attitude”. He warned that sending the wrong message would hurt business, saying “imagine how clients will view our association” after they
heard about the affair.
In a written statement signed by AMPI leader Gustavo Torres, Loza was prohibited from becoming an AMPI member and told that “this information is to be
shared with other local associations”. Members Brian and Ivonne Flock were ordered to immediately apologize, and notified that if they did not, they
would be summarily dismissed from AMPI. The Flocks did not apologize, and Torres attempted to physically prevent Flock from leaving the premises with
a written copy of the dismissal letter. Flock said “The so-called justice process by the leaders has proven to be a sham.” Baja Fair Trade has posted
the letters, emails, and expulsion documents on their website at www.bajafairtrade.com.
This incident is expected to seriously hurt the reputations of both AMPI and APIR. However, a week after the incident, AMPI elected a new board of
directors. The new officials have solid real estate credentials and may be able to restore AMPI’s credibility after this affair.
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gnukid
Ultra Nomad
Posts: 4411
Registered: 7-2-2006
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This is so silly, it illustrates the inability for people to integrate into foreign culture gracefully. Imagine the majority homes in Mexico, hardley
one thing is working completely properly through no fault of the owners or agents. Its just that many things that arrive here in Mexico are factory
seconds, lesser quality copper, plastic, etc... So everything breaks fast plus the external infrastructure, electrical, water sewage is unreliable so
everything suffers at times. It's a shame that the US unloads crap here, everything is faulty, 2nds and lower quality and that angers many people who
spend their hard earned dollars to buy something to find that it breaks in about 1-3 weeks. Because the fact the US is dumping seconds here is
painfully obvious. Still good Mexican businesses replace the parts at their cost and are covering the loss. Almost every store in La Paz will replace
pieces that break quickly. If you ask nicely.
IMHO The president and board here in La Paz its Alonzo Stell and board of the AMPI are good people who have made huge progress working within th
system. Could they do more, sure but its better than the robber agents who fail to live up to the current standards set... shall I mention a few? I
met with Alonzo this week and have spoken with him regarding many issues associated with homes sales of poorly built houses as my friends and I hope
to buy homes, they work with the best intentions and also very high standards-much much higher than average. Full disclosure would be of little
benefit and would instead encourage impractical lawsuits which would further cloud the market with no resolution or benefit. This is small issue and I
am sure they weren't kicked out so much as asked to go do their own thing if they can't work steadily forward to improve the market in a cooperative
manner as AMPI has.
Do your own homework and buy a nice home built to your standards or build your own or accept a different standard which by the way is just fine
anyway. A palapa and a few buckets with nothing else is is the best home you can have in mexico because it works. Admittedly I live with 80psi
filtered water and conditioned power, etc...
If you want to fix the problems in the house you bought, fix 'em. Bring it to any standard you desire. If you don't, then don't but bring US style
lawsuits upon Mexican agencies as a method to resolve a problem caused by US Distributors who have plaugued Baja and Mexico with low quality
materials.
There is no reason you shouldn't turn on every faucet, toilet, shower, light and system in the house when you tour to buy. If not its your problem if
it doesn't work and you didn't know.
You can replace the entire infrasturcture of a home for about 5-10k so if its such a big imposition then fix it yourself.
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Hook
Elite Nomad
Posts: 9011
Registered: 3-13-2004
Location: Sonora
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Mood: Inquisitive
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| Quote: | Originally posted by gnukid
In case anyone is interested, here's the La Paz MLS. There are apparently only about 50 homes for sale and very few if any actual newly constructed
homes on the market. It's sold out down here.
La paz mls
[Edited on 11-30-2007 by gnukid] |
Yes, but this only shows what people are ASKING for their properties. The selling price is where you determine if prices are going up or down.
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comitan
Ultra Nomad
Posts: 4177
Registered: 3-27-2004
Location: La Paz
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Mood: mellow
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Gnukid, I think the MLS has only a very small portion of the properties for sale in the La Paz area. Now reading your last post I have to tell you my
property is for sale and there is not a Real Estate office in this area that I would list it with. ( the last sentence should be in caps.)
[Edited on 11-30-2007 by comitan]
Strive For The Ideal, But Deal With What\'s Real.
Every day is a new day, better than the day before.(from some song)
Lord, Keep your arm around my shoulder and your hand over my mouth.
“The sincere pursuit of truth requires you to entertain the possibility that everything you believe to be true may in fact be false”
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tigerdog
Nomad
Posts: 135
Registered: 12-7-2005
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The TJ to Ensenada corridor has been hit hard, partly because of the crime thing and partly because of California's dismal RE market.
I've heard from RE friends in Los Cabos that properties over $1 million are still selling well, but it's slowed significantly for properties under
that price. Of course I can't attest personally to that, it's hearsay.
I've also heard from friends in San Felipe that the real estate market there has slowed dramatically, and I know for a fact that across the Sea of
Cortez in Puerto Penasco the bottom has fallen out of the market. Several projects will probably not get built at all, and what's already there has
died in terms of sales. Of course the condo market there was already glutted, and when you combine that with PP's major market (Arizona) being hit so
hard with the real estate crash, well...
It looks like the market in San Carlos, Sonora is slowing, too.
Better start marketing to Canadians and Europeans, because the US economy is in the toilet and it's going to get worse.
On the plus side? A slowdown of the craziness would be good for Baja's environment and those of us who love her the way she is-- warts and all. 
\"You know Hobbes, sometimes even my lucky rocket-ship underpants don\'t help.\" - Calvin, from Calvin and Hobbes
Visit me at Rocky Point Tides
http://rptides.blogspot.com/ |
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rogerj1
Nomad
Posts: 265
Registered: 4-29-2004
Location: Gig Harbor, WA
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| Quote: | Originally posted by fishbuck
At my place in SQ a similar lot to mine is advertised at $55000 and I think it is the last waterfront avilable. Two years ago I paid $25000 for each
of my lots.
Across the bay at Don Eddies they are selling similar lots for $50000.
So far no price depreciation but who knows! |
I supposed they can ask anything they want. What are they actually selling for?
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Slowmad
Nomad
Posts: 243
Registered: 3-24-2005
Location: Alta California
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| Quote: | Originally posted by tigerdog
On the plus side? A slowdown of the craziness would be good for Baja's environment and those of us who love her the way she is-- warts and all. |
I'll second that emotion.
The only requirement for love or chorizo is confidence.
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elgatoloco
Ultra Nomad
Posts: 4346
Registered: 11-19-2002
Location: Yes
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| Quote: | Originally posted by conquestkm
There is only 20 ocean front lots in San Deigo county.I would not want to guess the prices |
Only 16 available in SD County. They are not cheap.
http://www.sdreader.com/php/cover.php?mode=article&showp...
MAGA
marooons Are Governing America
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Smoke
Nomad
Posts: 116
Registered: 4-3-2007
Location: Los Barriles/Exeter,Ca
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Heres my take on values
I wanted a house in Los Barriles.
I bought a lot in Los Barrilles
I built a house on the lot.
The house is nearly done and it will be worth what it cost me to build it, to me, to live in Los Barriles.
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gibson
Banned
Posts: 250
Registered: 2-6-2007
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yes
| Quote: | Originally posted by Smoke
Heres my take on values
I wanted a house in Los Barriles.
I bought a lot in Los Barrilles
I built a house on the lot.
The house is nearly done and it will be worth what it cost me to build it, to me, to live in Los Barriles. |
great post. salut
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greybaby
Nomad
Posts: 182
Registered: 10-8-2004
Location: Idaho - formerly Cantu
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Mood: Missing Baja
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Paula - you better make that North Dakota joke !! Couldn't be in Montana since all we knew were North Dakota jokes!!
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Woooosh
Banned
Posts: 5240
Registered: 1-28-2007
Location: Rosarito Beach
Member Is Offline
Mood: Luminescent Waves at Rosarito Beach
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My understanding of the Baja MLS system is that it isn't really a MLS system as we know it in the USA. It's a website that a group of realtors
created- they don't have all the local listings, don't share info and don't release any info about actual SALES prices. That's just up here in
Rosarito though. The last thing the Mexican realtors in power want is an honest, open, transparent system that American investors could trust.
They like it the way it is- sloppy and corrupt. Hugo Torres (new mayor of Rosarito Beach) is the King of corrupt real estate up here. He's anti drug
cartel, but also anti-real estate reform. (He lost his real estate license for manipulating ZMF land for profit while at the same time builds his
Condotel addition to the Rosarito Beach Hotel). They (Willie Bautista) say Americans are arrogant to demand real estate reform in their country- yet
they sell the properties in Dollars, not Pesos.
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gnukid
Ultra Nomad
Posts: 4411
Registered: 7-2-2006
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The majority of sales are direct person to person sales in la paz but the mls is used for new construcion, presales of those silly condos etc... The
MLS does give some idea of what people are asking. Sucks that the agents want to share 8-10% plus IVA is 10% plus fees so the costs of the sales is
expensive.
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comitan
Ultra Nomad
Posts: 4177
Registered: 3-27-2004
Location: La Paz
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Mood: mellow
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Sucks is right!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Strive For The Ideal, But Deal With What\'s Real.
Every day is a new day, better than the day before.(from some song)
Lord, Keep your arm around my shoulder and your hand over my mouth.
“The sincere pursuit of truth requires you to entertain the possibility that everything you believe to be true may in fact be false”
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BMG
Super Nomad
Posts: 1776
Registered: 6-10-2007
Location: La Paz / Bahia Asunci�n / Away from home
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Why many people avoid agents in MX.
Here are listings for the same house located in La Paz. One agent has the house listed for U$90,000. The other has the same house listed for
U$135,000. Of course you have to keep in mind that it only comes with 1 bathroom for $90K and 2 bathrooms for $135K.
http://www.doradoproperties.com/San_Pedro.Pacifico.html
http://www.investbajasur.com/lotsdetail.cfm?recordID=77
I think the world is run by C- students.
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bajadock
Super Nomad
Posts: 1219
Registered: 12-20-2006
Location: Punta sur de \'Nada
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Lots of doom and gloom discussion. Rut/herd think. Enough gloom to last through summer. Buy now through '08 for great deals.
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