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"That's the logic of Lennar" Is that the same logic that led them to lose a fortune on CPW and the Great Park?

So you're saying your new project is the opposite of <a href="http://www.irvinehousingblog.com/forums/viewthread/1188/">Brightwater in Huntington Beach</a>?

Wow this is a classic post. This is the equivalent of Babe Ruth calling his shot!

Good luck when you relist this property Manchester. It sounds like you understand that (one of) the worst thing(s) you can do is list your property too high in this market. From the sound of things perhaps I should be wishing you luck in convincing your ex to list the property to sell though.

It was interesting that they had a Dubai (along with a couple of US numbers) phone number at the end. I wonder if this video was designed to sell individual units to oil sheiks or to sell the entire development?

My new wife and I are/were in a similar situation. We decided to rent for the foreseeable future. Since she works in finance it wasn't too hard to overwhelm her nesting instincts with the calculations. Looking back I have no regrets on our decision. It will be nice when we buy a place, but it...

Trooper, You have to figure this isn't the first wacky idea this guy has come up with in the time they have been dating/married.

Your router isn't configured correctly.

Haha nicely done acpme!

acpme, Unless your children are residents of the Dominican Republic or Venezuela (or another foreign country) they can't sign a professional baseball contract until they are 18. That gives them an additional 2 years to hone their skills though!

Congrats acpme. That looks like a beautiful house. It sounds like you stuck to your guns and ended up with a terrific deal!

Yeah if the Fed just had a little more control all of this could have been prevented. /sarcasm

I'm not much of a coffee drinker, but I do occasionally enjoy a Lavazza espresso. IMO, Starbucks and Dunkin' Donuts both have horrid coffee that is only fit to be served to prisoners!

It is unfortunate that Lennar is reading this thread for all the wrong reasons. If they were a well run company they would be reading this site and trying to implement solutions that benefited the new homeowners. I bet NewVOC can't wait until those Lennar assclowns are off the HOA board...

<a name="McCain comes to OC and speaks out against a mortgage bailout" href="http://www.nytimes.com/2008/03/25/us/politics/25cnd-mccain.html?ex=1364184000&en=27e8bb2cf52e2dc1&ei=5088&partner=rssnyt&emc=rss">McCain comes to OC and speaks out against a mortgage bailout</a>

<em>The reason I think it would be better to buy now vs rent is because if I buy, my "rent" will be going toward the mortgage and I would be saving on taxes. </em>Is it worse to pay thousands more in taxes or likely lose tens of thousands in equity?

If you are concerned about depreciation in the next few years wouldn't it make sense to rent in the short term? You'll be purchasing the same thing for less money down the line. Plus, this has the added benefit of allowing your savings to grow in the interim.