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Author: Subject: Breaking News: Loreto Bay Baja resort, unable to find new buyer, suspends operations
wakemall
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[*] posted on 6-21-2009 at 09:29 PM


The last post was on June 18th by Bob and Susan. You think someone else would have backed up the comment regarding the continual work at LB by this time? I will be in Loreto July 5th. I will make a visit to the site and post more info when I get home on July 13th.
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djh
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[*] posted on 6-21-2009 at 09:58 PM


Quote:
Originally posted by wakemall
You think someone else would have backed up the comment regarding the continual work at LB by this time?


Bob and Susan have a stellar reputation with fellow Nomads... Their comments don't need to be backed up ;D

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gnukid
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[*] posted on 6-21-2009 at 10:06 PM


The Loreto golf course was tied separately from the LB Condo project, this was one of the reasons the project was destined to fail according to resort developers who declined to back the project. Since the Golf Course is among the few functioning in the region, it has received some funding and commitment as part of the new 100,000,000 peso general tourism commitment announced by Agundez in the days following the closure announcement. All of this was posted here on BN.
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backninedan
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[*] posted on 6-22-2009 at 08:54 AM


I don't question what Bob and Susan saw, its just that they saw the lipstick on the pig. It is every bit the mess that has been reported.

I do hope they continue to maintain the golf course, be a shame to have the only all dust course in baja.
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[*] posted on 6-22-2009 at 11:46 AM


There is a plausible explanation for the apparent contradictory observations here. There are some custom homebuilders operating at Loreto Bay who are unrelated to the now bankrupt company and who are still building homes.

http://nopolonews.com/nopoloblog/?p=516

However, don't be mistaken, the Loreto Bay company is deader than Kelso's nuts.
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Bob and Susan
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[*] posted on 6-22-2009 at 11:57 AM


we were only there for a couple of minutes on the way to la paz

lots of workers though




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CaboRon
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[*] posted on 6-22-2009 at 12:39 PM


This was just posted on the Genera Discussion thread by Captain Sharky: http://forums.bajanomad.com/viewthread.php?tid=39430

LORETO BAY



This has probably already been posted, but I just got home last night from Loreto. Loreto Bay has been closed down---including the hotel. Word is that Fonatur will have to complete the project. Only security guards there now. Playa Ensenada Blanca still building, but who wants time shares these days. Loreto is pretty much deserted except for the local gringos living there. No tourists to sell time shares to. Mission Inn is selling timeshares if you can stand the smell on the corner. Dodo fishing is on and off. Good weather but a little hot for me. Won't go back until October now. Loreto needs your business, so, if you want to go fishing, go now. Discounts everywhere--if you just ask for them.




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flyfishinPam
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[*] posted on 6-22-2009 at 03:01 PM


Quote:
Originally posted by Bob and Susan
we drove in monday morning...

trash men were picking up trash
water trucks were watering the trees

mowers were on the golf course
a guy was "playing" golf

sprinklers were wtering the grass

workers were building "stuff"

looked pretty busy for a "shut down" place


official closure was June 19th.




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Baja&Back
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[*] posted on 6-22-2009 at 05:47 PM


Quote:
Originally posted by CaboRon
Quote:
Originally posted by stanburn
I knew we could count on CaboRon to post one of his general doom and gloom messages. Maybe he oughta change his name to LasVegasRon.


You haven't learned yet from the endless stories of Americans being ripped off by mexicans ??

Get your head out of the sand :lol:



Scuse me, Ron: the rip off artist in this case, Butterfield, is a Canadian from Calgary.

Maybe someone should lay charges against him & have him extridited to Mexico to work on a road crew to pay for all the funds he liberated.




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wakemall
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[*] posted on 6-22-2009 at 07:35 PM


Why does everyone start throwing knives from a simple comment?

DJH: I did not ever mean to questioned Bob and Susan for their post. I just thought there would be more info being posted because so many people lost so much money as a result of LB. I just thought more Loreto Nomads would respond upon what they saw.

The response CaboRon posted came from a friend of mine that just got back from Loreto. No BS or politics. The place is shut down except for the private and separate construction workers not associated with LB. Maybe that is why Nomads still see some construction going on?

That was intended to be the basic question. Nothing mean or questionable was intended.

I met a really really nice woman on the plane last month that was going to see her place in LB. I had someone picking me up at the airport and she accepted my invitation for a ride from the airport. I told her about my little shack and she agreed to check it out. We went back to my place first and she told us her story. Sorry, no Penthouse Forum stuff... Super nice woman that is on the politically correct side. Great discussions with my brother and neighbor. That is another story.

She is the owner of several real estate companies and knew and researched the beach front opportunities. Guess what, Loreto Bay was sold to her as the best investment. These people that stole all this money from hard working people that invested their retirement in this community need to be shot.

Somebody said Buttefield has a house in Loreto? Tell me where it is? It does not matter if it is Mexico. Stealing is stealing. Period.....
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CaboRon
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[*] posted on 6-23-2009 at 07:05 AM


Quote:
Originally posted by Baja&Back
Quote:
Originally posted by CaboRon
Quote:
Originally posted by stanburn
I knew we could count on CaboRon to post one of his general doom and gloom messages. Maybe he oughta change his name to LasVegasRon.


You haven't learned yet from the endless stories of Americans being ripped off by mexicans ??

Get your head out of the sand :lol:



Scuse me, Ron: the rip off artist in this case, Butterfield, is a Canadian from Calgary.

Maybe someone should lay charges against him & have him extridited to Mexico to work on a road crew to pay for all the funds he liberated.


I stand corrected ....

What I should have said was .....

This is just another example of Americans being ripped off

IN Mexico ...

You may call me doom and gloom, however consider

The millions of dollars in rip offs that have been the direct

result of either a lack of enforcement,

or the lack of laws to protect the home buyers in mexico ...

It is a deeply flawed system that seems to be entirely the result of rampant corruption ....

Be very wary of investing in mexico where there is

NO Rule of law ...... :cool:

















[Edited on 6-23-2009 by CaboRon]




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[*] posted on 6-23-2009 at 08:01 AM


Quote:
Originally posted by CaboRon

Be very wary of investing in mexico where there is

NO Rule of law ...... :cool:

[Edited on 6-23-2009 by CaboRon]


I can't help it. We hear you Ron, for the gazillionth time.

Ron, can you say "Bernie Madoff?" 50 BILLION dollars - probably more thievery than all Mexicans put togther for all time.

If you're so worried about average Americans getting ripped off, you should focus on Wall Street and Pennsylvania Avenue.

Rule of law, yeah right.

[Edited on 6-23-2009 by k-rico]
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CaboRon
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[*] posted on 6-23-2009 at 08:33 AM


Quote:
Originally posted by k-rico
Quote:
Originally posted by CaboRon

Be very wary of investing in mexico where there is

NO Rule of law ...... :cool:

[Edited on 6-23-2009 by CaboRon]


I can't help it. We hear you Ron, for the gazillionth time.

Ron, can you say "Bernie Madoff?" 50 BILLION dollars - probably more thievery than all Mexicans put togther for all time.

If you're so worried about average Americans getting ripped off, you should focus on Wall Street and Pennsylvania Avenue.

Rule of law, yeah right.

[Edited on 6-23-2009 by k-rico]


I would, however this is a forum about La Baja :lol:

And there seem to be some Nomads who try to suppress and censure the truth ....

So, I am duty bound to remind especially the new readers ....



[Edited on 6-23-2009 by CaboRon]




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[*] posted on 6-23-2009 at 09:02 AM


Loreto Bay aside, as I don't thing too many Nomads own property in LB, there are many here that have bought property in Baja (and the mainland) and are happy with their purchase.

My personal thoughts on buying RE in Baja are that it's NOT an investment for profit, but for a lifestyle.

Ken

Caboron I'm sorry your experience in Baja didn't match your dream!




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Juan del Rio
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[*] posted on 6-24-2009 at 02:32 PM


I drove by yesterday on my way to the airport and from the road, the "greens" appear to be turning brown and there are many dead palm trees.
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[*] posted on 6-24-2009 at 02:36 PM


So, CaboRon has his duty. no smirks allowed.:lol:
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flyfishinPam
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[*] posted on 6-24-2009 at 02:59 PM


Quote:
Originally posted by Juan del Rio
I drove by yesterday on my way to the airport and from the road, the "greens" appear to be turning brown and there are many dead palm trees.


geeze I haven't been south of town for several weeks but that is sad as hell. for the first time that course looked presentable. what a freaking waste of everything.




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[*] posted on 6-24-2009 at 03:01 PM


Quote:
Originally posted by CaboRon
So, I am duty bound to remind especially the new readers ....


Like our Maxine says:

noname.jpg - 28kB




I think my photographic memory ran out of film


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[*] posted on 6-24-2009 at 03:39 PM
LB


The Nopolo golf course is being watered and semi-maintained at present. Brown greens are not yet in evidence. Some dry looking palms are in sight from the highway and may be dead or maybe just recently moved. More likely the latter. Again, there is much information on offer here for which the sources are somewhat remote.
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[*] posted on 7-6-2009 at 06:29 PM


i understand the reasoning on both sides.alas...i sit on the fence awaiting more concrete info.all i know is that i am tired of all the regulation.i go here to be free,however,respectful of the laws and the people.i have all the permits already and seems like more caca keeps coming at you.i do not overfish,i leave my campsite cleaner than how i found it and i am very generous with the locals and consider them my brother.i support the locals everywhere i go with my rich gringo dinero.i think it is just the principle here that ruffles the fur for some.i dunno...maybe i will still go to BA this fall (wonderful place and people) maybe i will go to my own bioreserve instead and not worry bout anything except solitude and continued respect for the land and the people.oh what the hell...i will go...whats a few dollars more in the big picture....
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