bhdixon
Joined: 09 Aug 2005
Posts: 39
PostPosted: 21 Aug 2005 06:22 pm Post subject: RE: Paragon Properties

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Addendum to my last post:

To Trevor and CRtreedude,

I appreciate greatly your advice considering your experience in CR. Trevor, I am interested in your suggestion of a managed condo project. Please feel free to contact me with information on anything you think I may be interested in with an ocean view. I like the Pacific area in the same areas where Paragon is selling.

Crtreedude also had some good comments. I’m sure it is correct that Paragon is selling dreams. I have always dreamed of owning a piece of land in a tropical area overlooking the ocean. Many people have this same dream I suppose and that is what Paragon (and others) are playing to no doubt. They are actually pledging to have everthing ready to build houses within 18 mos of the contract. This does seem ambitious and overstated but I guess we will see. They were able to get things done on the first project they sold. I will definately be listening for how they are going to pull this off on the rest of the projects when go down there and listen to their presentation. My wife is from Peru and speaks fluent spanish so that will help in the whole investigation I think. I don’t mind so much if they are late in getting things done. However, the main thing I am worried about in this deal is that they will get far behind and go out of business before they have chance to do my project. One thing do have faith in is that CR will continue to attract lots of retiring north americans and europeans to it’s shores during the big baby boom migration that is just beginning to take place. This is what I am hoping will make my investment worthwhile over the next 15 years.


crtreedude
Joined: 25 May 2005
Posts: 1
Location: Ciudad Quesada, Costa Rica
PostPosted: 22 Aug 2005 10:32 am Post subject: RE: Paragon Properties

“Where the body is, there will the vultures be gathered….” Wink

I completely understand you desire to invest here – we have as well, but in something different. Just be very, very careful. When you talk of the promise people made, understand, they are only as good as their word. Costa Rica legal grinds very, very slow – if at all. Do not expect that they will drop everything to protect you from your decision. They tend to have a hands-off approach to many things, and you can expect that they won’t be in a hurry to step in if things go bad. I might be surprised, but I doubt it.

So, I wish you the best, and I do Paragon also. I would love to think the reason for their past problems was other factors than themselves and they are hoping to make money in this so that they can pay off the people who trusted them before.

For myself – I prefer to do my own research and be more hands on – this however isn’t the option of everyone.


trevorchil
Joined: 09 May 2005
Posts: 3
PostPosted: 22 Aug 2005 03:54 pm Post subject: Lot size bain or bonus

ONe quick comment today regarding lot sizes. This is not necessarily a bonus so a couple of things readers need to be aware of and why 2.47 acres or what is really 1 Hectare lots are very unusual. Here is what the real reasons may actually be and what cautions apply to each. What it most certainly is not is generosity extended by a developer that much you can take to the bank.

1) It is verrrry wasteful, in normal circumstances you don’t need this much for residential space and reasonable privacy as it is about 20 times the size of typical urban lots today hence you are just burning up a precious resource, raw land.
2) The terrain is sooo steep it takes this much land to find a place to put a single house and the balance is only good for goats.
3) The municipality may well have dictated this as a development requirement as the minimum property size. Which of course means you CANNOT subdivide in the future. I know several posters have made the comment “oh we are going to sub-divide this when we do something”. Don’t just !#@*-U-ME this to be the do able! To know for a fact you need to go to the municipality and ask that exact question taking with you the folio real number of the mother land so that you and they can pinpoint it exactly and specifically answer that question. You certainly do not need to wait until you get your own title some day to find this out for certain. The answer can complete blindside any so called assumptions of what could have made you money in the future.
4) Be careful what you wish for! Be aware that this land is not like what you are used to and 1 Ha lots can be a real burden to look after especially in your retirement years. Do you have any comprehension as to how much and how fast jungle or anything for that matter will grow on 10,000 square meters in an area that receives 3 meters+ (10′) of rain a year on fertile soil? It can overtake it soooo fast. This is a continuing major maintenance issue especially if you are not going to ever be in full time residence. My message is simple MORE IS NOT NECESSARILY BETTER!!!


crtreedude
Joined: 25 May 2005
Posts: 1
Location: Ciudad Quesada, Costa Rica
PostPosted: 22 Aug 2005 04:01 pm Post subject: RE: Paragon Properties

Now Trevor – I have almost 100 hectares…

But it is for trees, etc. Oh, and we have just under 10 full time employees…

I totally agree – things grow a lot faster here than what people are used to, about 10 times faster if you want to get picky.

Have you every seen a tree grow 1/2″ a DAY!? Shocked


trevorchil
Joined: 09 May 2005
Posts: 3
PostPosted: 22 Aug 2005 04:07 pm Post subject: RE: Paragon Properties

Yes Fred and where I come from we call that a hobby farm reserved for Gentleman farmers. Are you a gentleman? Do you climb the pole to answer your phone or send e-mail like Oliver used to? Very Happy


crtreedude
Joined: 25 May 2005
Posts: 1
Location: Ciudad Quesada, Costa Rica
PostPosted: 22 Aug 2005 05:16 pm Post subject: RE: Paragon Properties

Yeah, we still aren’t that big, but we have nearly filled one with trees – so we are getting there.

I don’t live on the fincas – too addicted to high speed internet, and cooler temperatures.

And now I have to buy another finca…. we are running out of space.


bhdixon
Joined: 09 Aug 2005
Posts: 39
PostPosted: 22 Aug 2005 07:20 pm Post subject: RE: Paragon Properties

The reason for the 1 hectare lots is because of Costa Rican law in this case. In an article from AM Costa Rica, it was stated that because Paragon starting developing under less stringent agricultural rules, the lots had to be 1 hectare. With this form of land division, full ownership can be given buyers in 30 to 60 days. The property is sold initially as a “contract for deed.” Full ownership is transferred after the buyer pays the full price which you have five years to do but you can pay it early if you wish to get full ownership right away. In any case I want to do a title search and make sure of what I can and can’t do with the land. I need to get the folio real number and then I should be able to hire a company in CR to check this for me ahead of time before I even go down there for viewing of the property. The Realestate agent at Paramount Intl sales said I would have the option of dividing into 2 lots and he would sell one for me for a 4% commission.


crtreedude
Joined: 25 May 2005
Posts: 1
Location: Ciudad Quesada, Costa Rica
PostPosted: 22 Aug 2005 07:38 pm Post subject: RE: Paragon Properties

bhdixon,

In another article, it doesn’t look like AM Costa Rica is particularly favorable regarding Paragon.

http://www.amcostarica.com/010505.htm

I see you are referring to Am Costa Rica but at one time Paragon was threating to sue AM Costa Rica for what they said…

It would seem to me that if you accepted what AM Costa Rica was saying, you wouldn’t be investing here.

Is there something I don’t understand here?


bhdixon
Joined: 09 Aug 2005
Posts: 39
PostPosted: 22 Aug 2005 09:19 pm Post subject: RE: Paragon Properties

Yes, the article I read came after that initial article. The reporter went to Pacific Heights and investigated further finding that Paragon was doing things they were supposed to do. Also the reporter checked out the lawyer in Florida acting as the Escrow agent for the deposits. He was rated highly by his peers the article pointed out. The article was reprinted by my realestate agent and is part of the sales package you get when you are interested. A letter that came with it also declared “Finally some fair treatment in the press!” or something close to that. So it seems they did get bad press in the beginning.


trevorchil
Joined: 09 May 2005
Posts: 3
PostPosted: 23 Aug 2005 10:09 pm Post subject: Sub-dividing

THIS MAKES NO SENSE AT ALL!!! If it is zoned agricultural then that is what it stays and if it stays as 1Ha minimum then you CAN’T subdivide. You can’t just rezone one lot in an entire project you would have to do the whole project and try to get it all to meet all the other requirements. Anyone proceeding assuming they can move heaven and earth and use that as a basis to their investment in the first place are going to be faced with a big surprise not to mention a royal pain in the !#@*. The communication between the municipality and the owners would indeed be very interesting. Taking the easy way out is seldon the best in the long run especially if done just to move faster especially if many buyers are on a five year program it fails to make much sense. But then what else is new on this saga of the Bizarre!!


bhdixon
Joined: 09 Aug 2005
Posts: 39
PostPosted: 24 Aug 2005 03:23 am Post subject: RE: Paragon Properties

This is one of the things I am checking out with the title investigation. My agent said I would be able to divide into 2 lots later on but actually before he mentioned anything my plan was to keep it as one lot anyway. It may be overly optimistic and downright misleading to tell people they can divide it when they may not be able to.


kcj2003
Joined: 02 Sep 2005
Posts: 0
PostPosted: 02 Sep 2005 04:38 am Post subject: RE: Paragon Properties

Ok. I feel really stupid. I purchased one acre of land from Paragon. I even took their tour in November 04. They were clearly venturing out of their comfort zone if they ever had one. They couldn’t answer most questions because they simply did not know the answers. One of the owners admitted to this being Paragons first oversees project. However with all that being said I spent $16K for my beach front property (supposedly) in phase III. My lot is located 3-5 miles from the beach. I’m crossing my fingers and hoping for the best. Paragon claims to be in the process of building model homes. Basically, I can’t speak a lick of spanish and I don’t even know who to get in contact in Costa Rica to see if Paragon is on the up and up even if I did speak the language. Whoa is me!!!! To hell with it then, is anybody interested in buying my land? For lets see……. $16K.


scotto
Guest
PostPosted: 02 Sep 2005 05:33 am Post subject: RE: Paragon Properties

1. We don’t know if Paragon is on the “up and up” – We do all sincerely hope so and that you have that beautiful ocean view property that you want…

But that is why we have been asking so many questions. We were hoping to get answers and as you now know, they failed to answer every single question that has been asked of them.

Just think what could have happened if Paragon had answered our questions in this forum, with over 5,000 members, many of whom are looking to buy real estate – They probably could have made quite a few sales!

Scott


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jacquesba
Joined: 02 Sep 2005
Posts: 1
PostPosted: 02 Sep 2005 05:00 pm Post subject: RE: Paragon Properties

Trevor,

Thank you for all of your insightful input. ” you choose to do your full due diligence and prefer to actually have a performing investment here then you would be well advised to contact myself or other contributors to this forum to investigate what is available for fully managed projects.”

Any info that you can provide about fully managed Income producing investments would be great, I imagine ocean view condos would be best for foriegn investors. What do you think?? I am most interested in the central Pacafic coast area.


bhdixon
Joined: 09 Aug 2005
Posts: 39
PostPosted: 02 Sep 2005 05:57 pm Post subject: RE: Paragon Properties

To KCJ2003

I just purchased a lot in Playa del Sol in Barranca.

The first 1 acre lots were not as good as what they are offering now. I have heard that many buyers of the original lots have upgraded to the new 1 Hectare lots. Some of the newer development projects are a lot closer to the ocean say 1 mile or less as opposed to 2 or 3 miles. I suggest you contact Paragon or Paramount Intl in FL to see if they will sell your lot for you or upgrade you to one of the newer ones. Of course the newer larger lots that are closer to the ocean are more $$. Here is an email I received from another buyer in Las Brisas development:

(Tim Wrote)
I bought a hector from them in another development a year ago. I have seen the property and they are putting in roads and utilities etc. I will be going back down in the winter to see the progress. They have started to build model homes in a development called the Gables in Paritta. That is right next to the land I got in a development called Las Brisas which is right abouve the Gables. Good luck, You should go down and visit the property and the area if you have never been. I thinks it is a very nice place. Like hawaii maybe 50-60 years ago. Nice people to. Your possible neighbor.
Tim

There is a lot to tell you, I just don’t have the time right now. I do not
have title yet as I have not paid off my land and probably won’t for awhile.

I have seen the property and I love my lot 1 hector in Las Brisas. You
should go down to Paritta and then look at there 3 developments. Heights of
Pacifica, Las Brisas and the Gables. They have just broken ground and are
putting model homes in the Gables. They seem to be good guys. I think I am a good judge of Character as I have been in the people business for 23 years now and I like them. They are a little rough around the edges but are
mothivated to do some big things in CR. Good Luck and I will talk with you
later.


jimliesen122
Joined: 16 Apr 2005
Posts: 5
PostPosted: 02 Sep 2005 08:18 pm Post subject: RE: Paragon Properties

Ok, I can’t sit still without commenting any more!!!! (I apologize in advance for such a long posting – here goes.)

Please allow me to introduce myself to this forum thread. My name is Jim, I have designed and overseen the construction of over 700 buildings ranging in size from small patio additions to 60,000 s.f. office buildings and factories over a 18 year career in the architecture and design business in the desert southwest of the USA.

About 1 year ago I stumbled into an internet search for a tropical vacation, found Costa Rica (doesn’t that name just sing so much better than … Honduras or Panama?!?!). So, like as always, instead of working on the puter, I found myself surfing all things CR. Then I studied the government, the culture, the money, the industries I am familiar with here….. Then it started….

I started to believe that I could reduce my workload here and begin to travel to CR a couple of times per month for a week or so and manage my own building project by starting a small land development company in Costa Rica. The best of both worlds – living in both places and making other’s retirement vacation home dreams come true alongside my own.

My lovely wife, skeptic as she is (was) suggested maybe we go look at the place first. (She’s a lot brighter than I am sometimes) I continued to research this project as though I was searching for the Achilles Heel – the one thing that made the whole idea too good to be true. (I haven’t found it yet, but plenty of challenges which are over-comable with the right attitude.)

I took a couple of trips on research missions. I took pictures, interviewed builders, architects, ex-pats who’ve ‘made it’ already, made friends whom I cherish, and here is what I have found:

1) CR is DIFFERENT than most places!!! Contracts, people, scheduling, weather, rain, forest growth, dealing with real estate, lack of an MLS, comps, etc. This list goes on and on. The point is this – I have found EVERYTHING in Scott’s book to be vital and true and well stated!!!! Ok, YES, I am pitching (a little) to sell you his book, but not because I want Scott to earn $5 (he deserves much more – and I cannot wait to buy him lunch to show my appreciation for publishing it), but because if you are going to buy land, it is simply the only book of its kind available!!!!! Spend $20 or whatever it is BEFORE you spend thousands on what ‘seems’ ok, OK? (He’ll even sign it for you.)

2) After pouring over the maptek website (best map I have ever seen online!) I actually believed that I could rent a car and spend a week driving this (tiny) place, (heck I live in a county nearly as large as the whole country). I have driven, over 1,600 miles in rental cars – so far. I have only covered the areas from the airport to the coast near Puntarenas, down the coast to Quepos, and back to the airport! (BTW, I couldn’t find the new highway OR the Orotina airport!!!!!) That’s a big triangle in real life, but only a fraction of Costa Rica!!! Before buying, I need to do some more exploring – I am planning on two more trips and another 1,000 miles or so before I am comfortable with having seen ‘enough’ to buy. All that and I will have only visited 20% of the country. I have seen enough to be able to tell you how terrible all the tourista books are, from a political and perspective point of view. Yes, there are potholes. No, it’s nowhere near as bad as they say it is… I sometimes think these ‘travel writers’ can only be happy if everything says “Hyatt or some other name brand on it. And, yes, you need a 4wd in rainy season if you are not on pavement.

3) I am past what I call the green factor. The first time you visit CR the greenery and wildlife will astound you as long as you like this sort of thing – the place really is the jungle – just like the movies. You can certainly be within eating distance of animals that can kill you. You can also go up into the mountains and have a cup of extraordinary café con leche on a patio and watch parrots and toucans fly by (just like doves back home). Once you realize that iguanas sunning on the roadway is a lot like rabbits on a golf course at home, you will be getting over the green factor. I do believe (and question) the stat of 40% going back home after a year. I believe that people really do leave their brain on the plane, and purchase land while delusioned by the green factor. It seems like such a great deal to find a piece of land with a vacation home for $100,000.

4) It is. And certainly possible. And that is the pricepoint for all things when selling to gringo baby boomers… There are lots of ads in the real estate guides (English ones) which take advantage of that emotion…. kind of like buy two get one FREE sounds so much better than buy three and get 33% off.

5) As much as people say it’s difficult to build there, I am already encountering extremely similar situations in my current line of work. Here’s the key – INFRASTRUCTURE. I am saying this not to gather future customers and I do not wish to hawk my future wares on this forum, but here’s the deal…. You can easily buy a finca with no power, water, phone, road, septic, etc…. The trick is to get it READY TO BUILD A HOME ON…. That’s where the development profit money is, too. And do not be fooled into thinking that this part of the development is the easy part like back at home. This is the real challenge to building, and if you can get it done, the house part will seem easy!

6) For example, if you buy raw land and attempt to value add the utilities, building pad location, and infrastructure for a ‘community’ subdivision, it can be done and the investment is sound and highly profitable and will take a year or longer – no matter how small! Even with doubling every sub-contractor bid and adding the standard 20% for contingency, the market still allows a healthy profit. When building a house, however, the profit percentage is much narrower and you have to hire more sub-contractors to finish the project. research is king here.

7) Companies like Paragon have me convinced that there’s plenty of room in the marketplace for an honest gringo to build an honest project and earn an honest profit. I plan on doing just that, and after all my research I do not feel I am pursuing a dream with a head-in-the-clouds perspective. Rather, I am investing my time and expertise and risking my current steady business to move it to another location and adjusting how I have to do that business.

Cool Pura Vida is real! Once you understand that statement AND get it yourself, you can THEN consider the purchase of land!!!!! That should be in Scott’s book (perhaps in the second run). This is important. The culture is remarkably over-lookable for the prettiness of the nature, but if it weren’t for the culture there would be no Pura Vida – It would just be another pretty place to go on vacation. I am certainly a Tico-in-training and proud of it. Heck, my sailboat’s name is Pura Vida and you should see the paint striping scheme!

9) You have to realize the beauty in things like power outages, potholes, etc. This kind of refers to points 2, 3, and 8 above. This is not the USA. Get over it. Learn to embrace it. When the power goes out, go out on the patio and enjoy the storm (you should have been there anyway) or go down the road and help the trucker who just lost his load when he hit the overhead wire with sugarcane – don’t worry, the power will come back sooner or later… and potholes keep the speeds down – I now wish I had a few in front of my home here – it’d keep the teenagers in line!

Let’s see here….

9) The contract I received from Paragon and the audio recordings of the 10 conversations I have provided great entertainment for my stateside attorney. He said he didn’t even charge me for the 90 minutes he spent reviewing it all because he was laughing so hard. Which was cool – he charges me $275 per hour on things he doesn’t laugh at. He was amazed that a Florida attorney would be an agent for that contract.

10) I will be proceeding with my endeavor. I will start small and have a great deal of fun.

Now after all that, I realize I didn’t address some of the point in the forum….

To kcj2003 – I am sorry you feel so screwed. My suggestion to you would be to market the land as a FSBO on your own stateside website to some gringos in a thorough, North American kind of way, and/or contract one of the agents Scott will refer and let them be your on-site agent. And so what if the land isn’t beachfront. The climate in the mountains and views are different, not necessarily worse and there is a great market for it. If you look for customers who are looking for land in the mountains you might find them and still make a few bucks. Heck, next time I go down (end of Sept – I’ll look at it myself and shoot some pix for you if you wish – I do the photography thing (professionally) on the side and am pretty good at it).

To bhdixon – I sincerely hope your experience is better than kcj2003’s was. My research indicates that 1.2 acres (5,000 sq. meters) is a trigger point in certain applications for ‘fast-tracking’ some permits. Also, the 1 hectare size in a subdivision is important for the overall subdivision developer. I do not believe it is possible to easily re-zone, re-subdivide, or whatever, that size lot after the original sub-division plot is made for many reasons. Paragon claimed that their engineers sized all utilities such that every owner could cut their property into 2 pieces. My experience in the building business makes me question that claim A LOT! I suggest that you consider building on your own instead of using Paragon as well…. notice the guarantee in their contract that they’ll build you a home for $65 per ft.? Guess what. NO ONE can make that statement unless they know full well what they are building, unless the building price is around $30 – keep shopping, please, unless you and they have a set of plans and a bid and specs on the building. I understand that building in the states can reach $90-$120 or much more and that it looks good at $65, but that’s a high number in CR! And, please take a look at their requirement to provide all that infrastructure and that you have to be the applicant for them, and that they do not have to perform for months until after you get the permits…yes that’s a little (LOT) different, and my attorney said “why bother with them – you’re gonna have to do it all anyway-might as well own it and do it alone than trust someone else with your deed and money and calendar. One more thing…. Paragon did some advertizing in AM Costa Rica, don’t they?

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To crtreedude – WOW! That’s a lot of land.(About 40% of a square mile for the rest of us) How the heck did you wrangle that? And what are you doing with it? Sounds like it could be a terrific nature park. I appreciate your remark about goats and rain. In the 5 weeks between my first two visits, I was blown away at how much certain trees, bushes, grass grew in the first part of green season… Then my hosts said, “Well, actually all that growth has been in the last 2 weeks, when the rains started… Truly amazing. Also, I would very much like to have lunch with you when I come this month – I have read many of your posts and would love to pick your brain a bit and/or hire your services. My email is jliesen@yahoo.com

To CatchMe – Get used to hiring an attorney and forming corps. You need it for everything. And use it to your advantage – they will perform the research for you, stand in the right bureaucratic line for you, buy your car for you, speak the language, help negotiate, help you understand the ‘way things work.’ And besides, you need one anyway if you are going to do anything more than have a great vacation in CR. And, when you find out how affordable an attorney is for what you get, you won’t worry about it so much anymore.

To all wondering about ‘investing’ vs. ‘gambling’. I have seen booms and busts in my business and have always been amazed at peoples attitudes regarding a bust. They kick themselves all over the place mad at themselves for not being able to see into the future. If you want risk, look at Nicaragua. That’s where the real speculation is. I truly believe that the real mavericks who buy there now will sell for huge profits in 10 years. It’s not for me though – that’s the kind of gambling where you need to be able to lose that money in order to pony up. My feeling is that investment in CR is always more salable and much more liquid. I feel that CR is still quite profitable and lots less risky for any level of development, and with the baby boomers coming, there’s plenty of stability in the market for another 10 years – I’d be glad to take a conservative 10%-20% than a highly risky 1000% or 0%.

Oh, one more thing, re-read the comment #8 above!

¡Pura Vida! es mi amigos! And sorry for such a long post!


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Miguel
Joined: 24 Mar 2005
Posts: 0
PostPosted: 02 Sep 2005 09:12 pm Post subject: RE: Paragon Properties

I just got back from a week in C.R. where my wife and I visited our properties that we are buying through Paragon. We took this trip within the 6 month period offered by Paragon so that we could get our money back if we were disappointed. Before and since our purchase, I did TONS of research, which obviously includes following this forum. I don’t tend to say a lot here, but I read everything, positive and negative. Anyhow, with the exception of this forum, all of the data that I gathered had us feeling like we’d done the right thing and we were excited to go. Even so, human nature had us wondering if we were crazy as we got on the plane.

We first purchased (2) hectares in the Gables in Parrita. We really wanted ocean view property and our salesman at Paragon was honest and told us that while some properties in that development do have water views, not all of them do. He couldn’t guarantee if ours did or not. We decided to purchase a third lot in Vista del Mar (in Miramar) where he was certain that we would have a view of the water. Our intent was to travel to C.R. and pick our favorite (2) and hand back our least favorite.

While in C.R., we met gentleman at the hotel and began talking over an Imperial or three. He has been going to C.R. for several years with a business that he owns and, through the years, has purchased several pieces of rental real estate there. After some discussion, we told him what we had done and he offered to come with us the next day to see our properties and give us his unbiased input. Long story short….he was amazed and asked for Paragons phone #. Oh, and we are keeping all three of our lots and are considering acquiring a fourth.

Investing of any kind can be stressful is not for everyone. The fact that the land is in another country certainly compounds the fears of a normal, intelligent person. I just hope that the folks following this forum do what I did….my own research. This forum has actually been quite valuable as a resource for me and as more people make the commitment to take a trip to check Paragon out, I’m sure that we’ll start to see more positive, factual information regarding Paragon. Paragon answered all of our unanswered questions, and I had a million of them. I have spoken with several of the principals (Steve Tashman and Bill Gale) and they took my calls the first try. To date, they always return my calls promptly. When we got there, our lots were staked. We have several pictures of the progress in Parrita at the Gables where the model home(s) are being constructed. I saw water stub-outs, I saw stacks of power poles outside of our development, I saw some (not all) roads cut-in, etc. Progress is definitely being made, however we were warned that things tend to move slowly down there.

Bottom line…..don’t do anything because someone says to and don’t not do something for the same reason. The first question is “could I live there” and only several visits down there will answer that for you. If the answer is “yes”, then do your research, take another trip to see the actual land and make a decision based on facts! Otherwise, you may always wonder “what if?”

Life is short, good luck and of course, Pura Vida!


bhdixon
Joined: 09 Aug 2005
Posts: 39
PostPosted: 03 Sep 2005 06:14 pm Post subject: RE: Paragon Properties

Thank you Miguel and Jim,

Appreciate any and all informed posts to this forum. Jim has an especially experienced perspective as a builder so special thanks there. Miguel bought awhile back so his experience is heartening to someone who just took the plunge recently.

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Couple of things there may be a misconceptions about:

1. On infrastructure
My contract states

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