I have been checking my e mail by the hour for this:
The Litigants have agreed (in concept) to settle the lawsuits. This will allow the new buyer to proceed.
Keep in mind that there is still a ton of diligence to be done and like all transactions, it is still in its infancy, this gets it [...]
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In a valiant effort to save the Arrowcreek Golf Course/Arrowcreek home values, a group is proposing to have the Homeowners buy the Arrowcreek Golf Course.
For the sake of timeliness getting this on the net and my phone and e mails going crazy about this mess, I haven’t really digested this.arrowcreek-hoa-golf-purchase.pdf
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ArrowCreek could close unless suit dropped
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The greedy and white collar macho litigants who have clouded not only the golf course sale to the previous buyer and some even pushed for the frivolous lawsuit against Terrabrook regarding alleged reserve deficiencies are now holding the keys to Arrowcreek golf course and home value survival.
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With a standing room only crowd and a lot of the seats filled in the back nine tent, Norm Reeder (Member President) held court and did a superb job.Â
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Enclosed is todays latest correspondence regarding the Arrowcreek Golf Course.
To: ronbellrealtor@hotmail.com
Subject: Correct Version URGENT – Future of ArrowCreek Country Club
From: peterbrunt@sbcglobal.net
Date: Fri, 1 Aug 2008 16:40:02 -0500
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I arrived early to set up my tripod and video camera for what I figured would be a fairly spirited Arrowcreek Homeowners Association meeting. Per NRS statutes, you are allowed to bring a recording device so I figured it was worth a try. After talking to a few Arrowcreek HOA board members, it was determined [...]
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Wow, this is almost surreal; I was contacted by the media twice in regards to the golf course sale falling out and the effect on real estate values. Both times I refused to comment. It is just a matter of time before someone does and the media blows it even more out of proportion . [...]
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club_corp__swp_update_7-11-08_ac.pdf I am passing this on just in case you haven’t recieved this, we will get back to some stats and market commentary hopefully next week.
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