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Old 07-07-2009, 03:38 PM
 
114 posts, read 334,779 times
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Lots of lots and homes for sale and prices alot lower. Also recent auction

Is there something going on at Talking Rock like impending bankruptcy or is it ssafe to consider buying there right now?

Anyone know how much the course is being subsidized? How many paying members?
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Old 07-07-2009, 05:23 PM
 
1,229 posts, read 3,871,718 times
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Originally Posted by mddd View Post
Lots of lots and homes for sale and prices alot lower. Also recent auction

Is there something going on at Talking Rock like impending bankruptcy or is it safe to consider buying there right now?
In today's market, NOTHING is considered "safe". Brown Family Construction in Prescott & PV claimed it was sound and financially secure, then weeks later in filed for bankruptcy, and half-built homes are standing to this date, people lost money.

Has everyone already forgotten? Remember, B. Frank said the markets were sound and then weeks later everything collapsed!

Talking Rock was a retirement destination and a second home destination. Both of which are collapsing today. It was built for people with lots of money. That group is now fading.
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