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vandenberg
Elite Nomad
Posts: 5118
Registered: 6-21-2005
Location: Nopolo
Member Is Offline
Mood: mellow
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And showing that I'm not just spouting my opinion, here's a message we just received from Vancouver,
The "Gang" must be made up by me and our dog and cat.
BTW, these folks are fully paid up and their "Casa" a long way from completion.
Hello Barb & Gang,
Hope you are all well and that you had a good Thanksgiving.
Hey, what's this we hear about raw sewage from the Inn, what's next?!
Can't get much worse than that......& for 4 days, that's pretty sad.
We are @ a loss as to, what is going on with Loreto Bay Co.
There is basically no effort @ any communication on their part, I don't
know how they expect to be successful. But we are still hopeful, largely due to the people
that are making this community.
[Edited on 11-29-2008 by vandenberg]
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flyfishinPam
Super Nomad
Posts: 1727
Registered: 8-20-2003
Location: Loreto, BCS
Member Is Offline
Mood: gone fishin'
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Quote: | Originally posted by vandenberg
Quote: | Originally posted by lingililingili
Really curious if you've mentioned this to your acquaintances and how they have reacted and if they have any first hand information on this.
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These folks are usually the very last to know.
Likely, like the Loreto Bay ones, when they do get wind of this, they keep telling each other to " hang in there ", " things will improve ".
Just like " If me aunt had cojones, she'd be me uncle.
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yeah they're hanging on all right... I hear the Barnes and Noble will be opening up there soon and it will be next to the Trader Joes and the Ann
Taylor outlet emporium.
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flyfishinPam
Super Nomad
Posts: 1727
Registered: 8-20-2003
Location: Loreto, BCS
Member Is Offline
Mood: gone fishin'
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Quote: | Originally posted by vandenberg
.......
......
Hey, what's this we hear about raw sewage from the Inn, what's next?!
Can't get much worse than that......& for 4 days, that's pretty sad.
We are @ a loss as to, what is going on with Loreto Bay Co.
There is basically no effort @ any communication on their part, I don't
know how they expect to be successful. But we are still hopeful, largely due to the people
that are making this community.
[Edited on 11-29-2008 by vandenberg] |
an old trick is when the creditors keep calling and you can't pay your bills you just stop answering the phone and the mail.....of course that's
second hand information you know
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cmlongiii
Newbie
Posts: 1
Registered: 12-30-2002
Member Is Offline
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I am very concerned about this and many other developments in Baja that seem to have closed up shop or are just going through the motions to collect
deposits from unsuspecting tourists. I would ask that any nomads that have any info on this happening anywhere in Baja to post on this info board.
Perhaps we might save someone from a financial loss that they might not be able to afford. Its a sad thing that some would use the economic
slowdown to skip out of town with money that does not belong to them.
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Jack Swords
Super Nomad
Posts: 1095
Registered: 8-30-2002
Location: Nipomo, CA/La Paz, BCS
Member Is Offline
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Gnukid...I know you have a dink (or did last year). How about running out to the Magote and checking it out? We'll arrive on Thursday (leaving
tomorrow), but it takes a few days to get the boat habitable and the dink inflated. I'll get out there to wander around and visit with the "folks" as
soon as I can and post the results. I'll bring the camera to show better or worse. Hopefully we can get more information before that.
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motoged
Elite Nomad
Posts: 6481
Registered: 7-31-2006
Location: Kamloops, BC
Member Is Offline
Mood: Gettin' Better
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Quote: | Originally posted by Jack Swords
Gnukid...I know you have a dink (or did last year). .... but it takes a few days to get the ... dink inflated. |
Jack,
Uh, that's a nautical term is it?
Don't believe everything you think....
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Jack Swords
Super Nomad
Posts: 1095
Registered: 8-30-2002
Location: Nipomo, CA/La Paz, BCS
Member Is Offline
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DINGHY-A small rowboat that sometimes is rigged with a sail. Also called tender or dink.
Whatever one calls it, it'll get out there (Magote).
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comitan
Ultra Nomad
Posts: 4177
Registered: 3-27-2004
Location: La Paz
Member Is Offline
Mood: mellow
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Went by the access road today and it was open, I don't think there is anymore concern now than when the people bought the property, like Kate says
there's always been rumors.
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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rogerj1
Nomad
Posts: 265
Registered: 4-29-2004
Location: Gig Harbor, WA
Member Is Offline
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One of the people who's invested has talked about the possibility of losing his money. He's in the real estate business in Orange County and has
several Mexican partners so should be knowledgeable. I was pretty surprised how little he knew about the history of the peninsula or what some of the
problems in construction might be. The other person is my local mortgage broker. I'm not sure I want to break the news to him, he's had enough bad
news lately as it is!
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sailor
Newbie
Posts: 2
Registered: 11-30-2008
Member Is Offline
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Faults on the Magote
Quote: | Originally posted by capitolkat
I was in La paz this week and the Paraiso sales office was open for business-- the lights were on every night at the project and visible from El
Comitan. We drove down the road to the project until it became too washboardy for our rental car. we asked some locals in the real estate business who
informed us the first 6 holes of the golf course are in- don't get me wrong- i think the project is crazy-- 16 foot mean elevation== sandy base for
high rises-- a looong drive from the town and the transport on the little barge in high winds could be very exciting== but I think accurate
information is hard to come by as there are so many that hope the project fails and that may color the reports. |
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sailor
Newbie
Posts: 2
Registered: 11-30-2008
Member Is Offline
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In addition to the sandy substrata and low elevation of El Magote, potential buyers should also research the various fault lines that cross this sandy
peninsula before deciding to invest in this development.
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BajaGringo
Ultra Nomad
Posts: 3922
Registered: 8-24-2006
Location: La Chorera
Member Is Offline
Mood: Let's have a BBQ!
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I have no personal interest or stake in this development and know very little about it but fault lines???
If we don't build near fault lines I guess most of the US west of the Rockies should be condemned...
[Edited on 11-30-2008 by BajaGringo]
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gnukid
Ultra Nomad
Posts: 4411
Registered: 7-2-2006
Member Is Offline
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Update: I asked some of the workers who were out of work if they wanted to work and they said that they would have to wait by their house to be paid
for the week past a few weeks ago from Magote. That there was a rumor that a woman was passing to pay the workers from the weeks past. And he said
that he believes she will come for sure because another person saw her passing the next house the day before. So now I believe also that she will come
with the money to pay them the week past and that they also will find more work with the project soon. We have compete confidence that its going fine
fine.
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vandenberg
Elite Nomad
Posts: 5118
Registered: 6-21-2005
Location: Nopolo
Member Is Offline
Mood: mellow
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Quote: | Originally posted by gnukid
Update: I asked some of the workers who were out of work if they wanted to work and they said that they would have to wait by their house to be paid
for the week past a few weeks ago from Magote. That there was a rumor that a woman was passing to pay the workers from the weeks past. And he said
that he believes she will come for sure because another person saw her passing the next house the day before. So now I believe also that she will come
with the money to pay them the week past and that they also will find more work with the project soon. We have compete confidence that its going fine
fine. |
Old Gnu,
I think I get the drift, but a translation would be nice.
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Bronco
Nomad
Posts: 168
Registered: 12-1-2007
Member Is Offline
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Quote: | Originally posted by rogerj1
One of the people who's invested has talked about the possibility of losing his money. He's in the real estate business in Orange County and has
several Mexican partners so should be knowledgeable. I was pretty surprised how little he knew about the history of the peninsula or what some of the
problems in construction might be. The other person is my local mortgage broker. I'm not sure I want to break the news to him, he's had enough bad
news lately as it is! |
You’re surprised that someone in OC who is in the "biz" knows so little about investing in Baja???? Everyone in OC has a RE license. It's another
misconception of earning money quickly called GREED. Your local mortgage broker is probably looking for a place to park his 40' motorhome so he can
hide and look for a new line of "work", if he is "knowledgeable"! I grew up in OC and the beach community, lost several properties in 78', the 90's
and I finally am "knowledgeable." Sorry no sympathy here!
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Katiejay99
Nomad
Posts: 429
Registered: 9-3-2008
Location: Todos Santos
Member Is Offline
Mood: it is what it is
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I had a friend go out there yesterday. She spoke to several homeowners and they are happy. Lots of workers everywhere. Golf course is open. She
reported that everything looks good including the construction (she is in the know about those things). SO - not sure where the info on the board is
coming from, but perhaps some other nomads can take a look as well. I'm not especially interested in the place, I just like to investigate facts.
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gnukid
Ultra Nomad
Posts: 4411
Registered: 7-2-2006
Member Is Offline
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Definitely. Its back on strong.
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Eugenio
Nomad
Posts: 206
Registered: 4-23-2008
Location: Navojoa, Son.
Member Is Offline
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It's not Magote - it's Mogote.
The first would be a magician or sorcerer - mogote means a low hill or knoll - among other things.
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bajalera
Super Nomad
Posts: 1875
Registered: 10-15-2003
Location: Santa Maria CA
Member Is Offline
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The tip of the Mogote, opposite La Paz, is one of our favorite places for a late afternoon picnic. It's a fairly long drive, but the sun, setting
behind you, glints off car windshields and the windows of buildings, and as it gets dark a surprisingly wide arc of lights brightens the night.
We went out there a week or so ago, expecting to drive on the beach, as usual, but it was blocked off with a rope between a couple of stakes. A very
polite man told us beach driving was banned because turtles were laying eggs. Steve gave him a "Si, Chuy!" ["You gotta be kidding!"] response, but
they chatted amiably for some time. There wasn't any activity at the development, and the guy said work had been halted.
We picnicked along the Mogote's north side, where eight or nine other vehicles--mostly pickups--were also parked at some distance from one another.
I've never heard of turtles laying eggs on El Mogote, but someone said that this year they were laying them just off the Malecon, so it's not
necessarily a sea story. The guy said beach driving would be reopened in 20 days, so we'll give it a try later.
\"Very few things happen at the right time, and the rest never happen at all. The conscientious historian will correct these defects.\" -
Mark Twain
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gnukid
Ultra Nomad
Posts: 4411
Registered: 7-2-2006
Member Is Offline
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I saw about 30-50 workers going to Mogote daily and they say they are busy.
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