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Author: Subject: Update: Magote Construction stopped
vandenberg
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[*] posted on 11-29-2008 at 10:19 AM


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.:P
BTW, these folks are fully paid up and their "Casa" a long way from completion.:no::no:



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]




I think my photographic memory ran out of film


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flyfishinPam
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[*] posted on 11-29-2008 at 12:15 PM


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.


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.:biggrin:


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. :lol:
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flyfishinPam
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[*] posted on 11-29-2008 at 12:18 PM


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 :spingrin:
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cmlongiii
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[*] posted on 11-29-2008 at 01:14 PM


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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[*] posted on 11-29-2008 at 04:51 PM


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
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[*] posted on 11-29-2008 at 04:57 PM


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?:lol::lol::o:O:lol:




Don't believe everything you think....
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Jack Swords
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[*] posted on 11-29-2008 at 08:01 PM


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
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[*] posted on 11-29-2008 at 08:08 PM


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.



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[*] posted on 11-29-2008 at 11:53 PM


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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[*] posted on 11-30-2008 at 11:12 AM
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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[*] posted on 11-30-2008 at 11:15 AM


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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[*] posted on 11-30-2008 at 11:20 AM


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...


:lol::lol::lol::lol::lol:

[Edited on 11-30-2008 by BajaGringo]




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gnukid
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[*] posted on 11-30-2008 at 12:43 PM


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
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[*] posted on 11-30-2008 at 01:57 PM


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.:(:(
:biggrin::biggrin:




I think my photographic memory ran out of film


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Bronco
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[*] posted on 11-30-2008 at 05:17 PM


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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[*] posted on 11-30-2008 at 08:20 PM


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
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[*] posted on 11-30-2008 at 09:52 PM


Definitely. Its back on strong.
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[*] posted on 12-1-2008 at 12:13 AM


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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[*] posted on 12-1-2008 at 09:20 PM


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.




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gnukid
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[*] posted on 12-6-2008 at 10:48 PM


I saw about 30-50 workers going to Mogote daily and they say they are busy.
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