Being in real estate you should know the problems these developements have. I think you do but it serves your business no good to be truthful.I have been looking at these threads over the last view days and they have been very interesting. I understand that everyone has the right to their own opinion, but because you have an opinion does not make it right. Shadow, you have this very queered view of the world and how things work. I read the same article that you did about getting the bonds extended, the national economy is slow and they needed it extended(no big deal). You are complaining about this beautiful ranch being developed and there is "a" water tower with a road cut on one of the hills you can see from Bandera River Ranch. With that line of thinking, should I complain to Bandera b/c I can see the court steeple and water tower from the ranch and it block my beautiful view of the hill country? I have been in real estate from the New Braunfels area out to Bandera and Medina and have had prior experience with the company that has developed Bridlegate Ranch. Since your an expert only in the Bandera area, have you ever been or seen any of the developers completed communities? My best guess would be no and you would be talking out of turn once again. I have followed this company along with builders in the SA/Hill Country market and they have a great track record of finishing their communities. As far as i know, they have completed every community they started and if you can show me any different then I will be of open ears. If past performance predicts future outcome, then I would have to say that Bridlegate Ranch is in good shape. What frustrates me about blogs is that it allows people who have no experience nor knowledge of real estate to post their opinions as queered as they may be. I do not know what you do nor act like I would know the intricacies of you job, but I would never throw my opinion because I read an article in a local paper. Do your homework and come prepared with emperical data to support your words, if not then keep your opinions to yourself. You are one of the reasons why, us who make real estate our profession very difficult at times. You have no idea what this business entails, but you have an opinion and that is very dangerous.
I will keep recommending buyers to the Bandera area and also to Bridlegate Ranch even though I have to overcome people who have opinions on things they know nothing of.
That is just my two cents.
I have followed many of these speculation ranch sub divisions and really haven't seen any done on time.
Now tell the good folks I don't have the facts.
It is you who chooses to hide your head in the sand probably because of your vested interest.
What makes my opinion any less than yours?
All I said is these developers don't do what they say they are going to do and that is a fact.
Cielo Rio just sat there while the developer went on to Hills of Bandera, remember that one. Cielo Rio is on their 4 or 5 bond extention.
Latigo went into receivership while the local water board was contimplating prosecution for wells deilled with no permits. Remember those things,
Bear Springs was way out of their bond constantly asking for a lowering of the bond and extentions. All the while being investigated by the then TNRCC for non compliance. Remember?
Say what you intend to do and then do it, thats all.
I wish people like you wouldn't come onto these threads and try to make this look like standard operating procedure.