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bonanzapilot
Junior Nomad
Posts: 33
Registered: 8-5-2009
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Well built Mulege house on the river
I am placing this notice for an old friend of mine, who after 30 years of spending winters in Mulege, must be closer to hospitals, and must sell his
home. He has a 5 year written land lease, which he has renewed. The house is the yellow one on the river road, with the whale bones in the front
yard.
A two BR, two bath, nice fireplace, dining, kitchen, and especially nice back patio with trees, plants and shade. The market being what it is today,
the over $260,000 invested will go for a reduced $175,000... turnkey, nice boat, motor and trailor...fishfinder. Go to Pelican reef website to see
photos www.mulege-mls.com Ask for River Rat, aka Rick Barber.
[Edited on 8-6-2009 by bonanzapilot]
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Sharksbaja
Elite Nomad
Posts: 5814
Registered: 9-7-2004
Location: Newport, Mulege B.C.S.
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DON\'T SQUINT! Give yer eyes a break!
Try holding down [control] key and toggle the [+ and -] keys
Viva Mulege!
Nomads\' Sunsets
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Udo
Elite Nomad
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Very nice place, BP.
However...
From what you posted, you are only guaranteed a 5 year living arrangement for the $175.000 U.S.
BTW: thanks for posting a photo. One of the rare occasions when a photo accompanies a for sale post.
[Edited on 8-5-2009 by udowinkler]
Udo
Youth is wasted on the young!
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Bajahowodd
Elite Nomad
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The credit for the photo goes to Sharks.
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Udo
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Thanks for fointing that out, Bajahowodd. Sharks posted it so close to the written post that it looked like one continuous post.
Udo
Youth is wasted on the young!
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capt. mike
Elite Nomad
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that'a a great house in one of the best locations. but i forgot who lives there.
BP - is that you Tanbo from BBP?
i am grounded, need annual. too frickin hot to work on it or fly anywhere so it can sit till later.
formerly Ordained in Rev. Ewing\'s Church by Mail - busted on tax fraud.......
Now joined L. Ron Hoover\'s church of Appliantology
\"Remember there is a big difference between kneeling down and bending over....\"
www.facebook.com/michael.l.goering |
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bonanzapilot
Junior Nomad
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Mulege post
I wanted to respond to the negative comment about the 5 year lease on Nels and Amy Dawson's home in Mulege. Of the many gringos who live in Mulege, in
the Oasis, and other areas, most all of those homes are on land leases, and they are for the large part verbal. Leon at the Oasis raises the rents as
he needs more income. Nels has lived winters in this house for almost 30 years, and has negotiated a written 5 year renewal about 6 times now. The
ground rent is low, and the payment does not raise every year, as many others do. When I lived in Mulege, I owned the land as a Mexican corporation,
and was the only one I knew of that did. Not an expert on the lease issue, I am just doing my friend , Nels a favor. Contact Rick Barber at the
Pelican Reef office in Mulege, he is knowledgeable. A 5 year written lease in Mulege is a positive thing.
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rpleger
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This is a great house...and the price is right...
Richard on the Hill
*ABROAD*, adj. At war with savages and idiots. To be a Frenchman abroad is to
be miserable; to be an American abroad is to make others miserable.
-- Ambrose Bierce, _The Enlarged Devil\'s Dictionary_
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mtgoat666
Select Nomad
Posts: 18380
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| Quote: | Originally posted by bonanzapilot
I wanted to respond to the negative comment about the 5 year lease on Nels and Amy Dawson's home in Mulege. Of the many gringos who live in Mulege, in
the Oasis, and other areas, most all of those homes are on land leases, and they are for the large part verbal. Leon at the Oasis raises the rents as
he needs more income. Nels has lived winters in this house for almost 30 years, and has negotiated a written 5 year renewal about 6 times now. The
ground rent is low, and the payment does not raise every year, as many others do. When I lived in Mulege, I owned the land as a Mexican corporation,
and was the only one I knew of that did. Not an expert on the lease issue, I am just doing my friend , Nels a favor. Contact Rick Barber at the
Pelican Reef office in Mulege, he is knowledgeable. A 5 year written lease in Mulege is a positive thing. |
it is a cool house, but still don't know how people stomach unsecure nature of expensive improvements on leased property in mexico.
odd you mention pelican reef RE firm. that's palmetto99's firm.
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bonanzapilot
Junior Nomad
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I thought it was owned by the manager, Rick Barber....am I wrong? I suggested Nels list with him. If it truly is Palmetto.. then look out! I will
need to caution Nels. Someone knowledgeable please confirm or deny?
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mtgoat666
Select Nomad
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| Quote: | Originally posted by bonanzapilot
I thought it was owned by the manager, Rick Barber....am I wrong? I suggested Nels list with him. If it truly is Palmetto.. then look out! I will
need to caution Nels. Someone knowledgeable please confirm or deny? |
i just know what i saw in links on the "palmetto99" thread, where apparently palmetto is listed as a contact (but not an owner??)
[Edited on 8-6-2009 by mtgoat666]
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bonanzapilot
Junior Nomad
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Nels has dropped the price to under $50,000!
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mtgoat666
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| Quote: | Originally posted by bonanzapilot
Nels has dropped the price to under $50,000! |
price drop from 175 to <50. wow.
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shari
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Mood: there is no reality except the one contained within us "Herman Hesse"
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does one also pay the land lease yearly? how much is it?
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monoloco
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Mexican land leases are like a crap shoot, the rug could get jerked out from under you at any time or the terms can become onerous.
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capt. mike
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"it is a cool house, but still don't know how people stomach unsecure nature of expensive improvements on leased property in mexico."
because they CAN afford to do just that ya numbskull....!!
Larry - i will have XXX there very soon, april 8th i think - and he wants to see it so i'll call Rick and access it.
this will go fast - the market is adjusting, that's for sure.
still the same drill - invest, if you want to call it that...in only what you can afford to walk from - do that and never a foul and less mental
anquish.
formerly Ordained in Rev. Ewing\'s Church by Mail - busted on tax fraud.......
Now joined L. Ron Hoover\'s church of Appliantology
\"Remember there is a big difference between kneeling down and bending over....\"
www.facebook.com/michael.l.goering |
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arrowhead
Banned
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Registered: 5-5-2009
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| Quote: | Originally posted by capt. mike
because they CAN afford to do just that ya numbskull. |
...or maybe they are just numbskulls?
No soy por ni contra apatía.
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bajaumpaw
Junior Nomad
Posts: 55
Registered: 3-11-2008
Location: Mulege/Texas
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Be careful on this house. The pictures shown here and on Pelican Reef are pre-hurricane (house and yard needs work)but the real problem is with the
land owners and whether the house can be sold. I would certainly advise you to meet with the Miranda family (land owners) and get their blessing
before going too far on a purchase. I own the improvements on the adjacent property and would really like to have a good neighbor but include the
Miranda's in your negotiations for a successful purchase and you will also be a happy neighbor. The house can be restored to a great place and
hopefully we get nada floods for a long time that will keep it that way if it is restored.
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capt. mike
Elite Nomad
Posts: 8085
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"...or maybe they are just numbskulls?"
doubt it.
the only stupid people i know with big $$$ either inherited it or got a sudden unplanned windfall like a big lotto or something.
successful folks i know with big $$$ earned it and worked hard for it, by being astute.
formerly Ordained in Rev. Ewing\'s Church by Mail - busted on tax fraud.......
Now joined L. Ron Hoover\'s church of Appliantology
\"Remember there is a big difference between kneeling down and bending over....\"
www.facebook.com/michael.l.goering |
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KAT54
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Is not this one of the houses completely under water during the last storm?
Why would ANYONE buy a house in a flood zone?
Is the poster putting potential buyers at risk of drownding?
Aug 2009 $175,000
Sept 2009 after flood $50,000
Repairs?
Does not it need a new location?
Lease lot?
Is not that $10,000 a year?
Does not that buy ALOT of room rentals at the Serindade in Mulege?
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