tag:blogger.com,1999:blog-2447438783001404385.post5356395441922565279..comments2024-03-28T23:48:08.527-05:00Comments on Jackson Jambalaya: Landowner accuses Madison County and Developer of Subdividing her land without notice or her ConsentKingfishhttp://www.blogger.com/profile/06184990110961727404noreply@blogger.comBlogger59125tag:blogger.com,1999:blog-2447438783001404385.post-24009806313177952952017-03-10T06:46:04.132-06:002017-03-10T06:46:04.132-06:00Landrum just snookered the Board again on Chestnut...Landrum just snookered the Board again on Chestnut Hills. Yesterday (3/10/17) Planning and Zoning approved his petition to replat with no public hearing. It now heads back to the Board. My Client Will Fight Thisnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-17678757163649465792011-06-29T15:00:55.740-05:002011-06-29T15:00:55.740-05:00update to this?update to this?Drew and Kristin Gorneyhttps://www.blogger.com/profile/02970096646918203592noreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-84086662964211743912010-03-21T15:29:06.367-05:002010-03-21T15:29:06.367-05:00The ones downtown, and although some is rental it ...<i>The ones downtown, and although some is rental it is still new housing construction, haven't had the same problems as one, they are not overbuilt as the notes and rents are more affordable.</i><br /><br />Where are the notes downtown Kingfish? You haven't named one building downtown that isn't rentals.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-82730437429248115232010-03-21T13:36:21.243-05:002010-03-21T13:36:21.243-05:00Yes, I am to some degree. Here's the point: th...Yes, I am to some degree. Here's the point: there are projects going up downtown and also in the burbs. Seems that the ones getting in serious trouble are the ones that require people to carry large notes. Seriously, there are only so many people who can afford $2,500 a month notes. The ones downtown, and although some is rental it is still new housing construction, haven't had the same problems as one, they are not overbuilt as the notes and rents are more affordable. Landrum was selling lots starting at $200,000. That is the lot, not the house itself. That is my point. Now ihe and other builders are scramblingKingfishhttps://www.blogger.com/profile/06184990110961727404noreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-44535302827835890652010-03-20T10:00:25.070-05:002010-03-20T10:00:25.070-05:00Looks like Kingfish is using rental housing to mak...Looks like Kingfish is using rental housing to make a point about purchase housing affordability and, oddly, to take a shot at people who question the civic ROI on the redevelopment effort downtown. Its an apples-to-oranges comparison.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-60947445848817869722010-03-19T14:10:44.716-05:002010-03-19T14:10:44.716-05:00I have never been inside the City View and I have ...I have never been inside the City View and I have no idea how many units they have sold. I was only making the observation that to my knowledge, they are selling units rather than renting them.QBhttps://www.blogger.com/profile/16250199498902211499noreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-18880481212145925672010-03-19T13:28:53.529-05:002010-03-19T13:28:53.529-05:00Have you been there? City View is next to empty. ...Have you been there? City View is next to empty. How many have they sold? 1? 2? 3? It isn't downtown. Not a big market for small 800-1000 sq ft condos north of $200k. There's a reason why they don't advertise prices.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-1104821037885875682010-03-19T12:57:21.300-05:002010-03-19T12:57:21.300-05:00The City View is selling units.The City View is selling units.QBhttps://www.blogger.com/profile/16250199498902211499noreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-64278400359024560392010-03-19T11:13:00.995-05:002010-03-19T11:13:00.995-05:00Here are your words, again:
This goes back to the...Here are your words, again:<br /><br /><i>This goes back to the question of how many people can afford expensive homes in Jackson area. Some of the haters make fun of the downtown development but the rents and notes go for less than 1500 a month in most cases.</i><br /><br />So where are the notes downtown? Which units downtown are being sold?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-54548064271185311792010-03-19T11:08:25.352-05:002010-03-19T11:08:25.352-05:00I wrote rents and notes.I wrote rents and notes.Kingfishhttps://www.blogger.com/profile/06184990110961727404noreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-73927886533553238352010-03-19T10:59:31.860-05:002010-03-19T10:59:31.860-05:00Who have a mortgage? The KE is selling units? Yo...Who have a mortgage? The KE is selling units? You used the word "notes".Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-42195515809188451802010-03-19T10:55:13.910-05:002010-03-19T10:55:13.910-05:00I know people in the King Edward living there for ...I know people in the King Edward living there for less than $1,500 a month.Kingfishhttps://www.blogger.com/profile/06184990110961727404noreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-28767674266048207162010-03-19T10:13:50.513-05:002010-03-19T10:13:50.513-05:00The Bottom line is Slade and Landrum didn’t know w...The Bottom line is Slade and Landrum didn’t know what they were doing or how to develop and market Longleaf. Slade left Landrum holding the bag and now Landrum he is trying to come up with a new plan to try and get this off his hands. His ineptitude and ignorance in the Real Estate business is showing and I doubt very seriously that he even knew that he would have to have the approval of all of the landowners in Longleaf to re-plat the subdivision. I bet he was actually shocked to find out that he was not following the proper procedures. If ignorance is bliss, this guy must be happy as hell!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-59793776281590431402010-03-19T09:08:17.228-05:002010-03-19T09:08:17.228-05:00Find the notes yet Kingfish? Why is it so hard to...Find the notes yet Kingfish? Why is it so hard to back up your claim?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-28550932925702105692010-03-18T22:27:51.624-05:002010-03-18T22:27:51.624-05:00hey, anonymous 3/18-12:06 PM...don't tease us....hey, anonymous 3/18-12:06 PM...don't tease us...what else do you know...inquiring minds want to know...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-22124559565372947232010-03-18T17:12:57.875-05:002010-03-18T17:12:57.875-05:00Kingfish, what is being sold downtown for < $15...Kingfish, what is being sold downtown for < $1500 monthly?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-61744958359066596032010-03-18T12:06:46.768-05:002010-03-18T12:06:46.768-05:00stay tuned - landrum's latest activities will ...stay tuned - landrum's latest activities will probably result in him gettin' his head rolled.....i believe he has flown too high this time!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-53537731941570501832010-03-18T10:47:22.836-05:002010-03-18T10:47:22.836-05:00There is no major correction going no in this are ...There is no major correction going no in this are nor will there be. The houses that were priced under $200 or so are pretty much staying there. I don't consider a 3-5% change in price anything but a fluctuation. The more expensive homes have come down a bit but thats not enough to be considered a market correction as in other states. <br /><br />What I think happened is several developers overbuilt on the high-end side and forgot only so many people even in good times can afford $400,000 homes. I think even without a recession some of these implosions would have taken place. <br /><br />I also fail to see what Ms. Deddens did wrong. She purchased a lot based on the representations made to her and borrowed a large sum of money. Then they tried to change things on her without her knowledge and that included taking away part of the land she owned. She has every right to cry foul.Kingfishhttps://www.blogger.com/profile/06184990110961727404noreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-64287800403558949192010-03-18T10:10:03.338-05:002010-03-18T10:10:03.338-05:00Some of the haters make fun of the downtown develo...<i>Some of the haters make fun of the downtown development but the rents and notes go for less than 1500 a month in most cases.</i><br /><br />What is being sold downtown Kingfish for < $1500 monthly?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-46517751306981610562010-03-18T09:05:41.453-05:002010-03-18T09:05:41.453-05:00One has to wonder how the property owners in lovel...One has to wonder how the property owners in lovely custom build homes on large lots surrounding Longleaf and these other questionable developments feel about all of this... and how small $100.00 per square foot homes on postage stamp lots will affect their property values.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-34607534611626715802010-03-18T09:00:00.410-05:002010-03-18T09:00:00.410-05:00I think the point of concern is that these questio...I think the point of concern is that these questionable developers are selling 'concepts' and LOTS at a high price with HIGH expectations for the neighborhood; first by showing exaggerated preliminary plats, then changing them, reducing lot sizes, square foot requirements and then getting official plats approved. Sounds shady...just like all of the layers of loans on these properties...just go look at the list of loans listed in the Real Estate Ramblings posting.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-82261231089625454112010-03-18T00:40:55.762-05:002010-03-18T00:40:55.762-05:00It appears that Landrum and Slade are trying to ma...It appears that Landrum and Slade are trying to make smaller, less expensive lots so that more people can move to this area of Madison County. Who are his detractors trying to keep out?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-39929452684446049942010-03-18T00:37:10.509-05:002010-03-18T00:37:10.509-05:00It looks like Ms Deddens is trying to use this to ...It looks like Ms Deddens is trying to use this to force Landrum into overpaying her for the lot. Looks like she is playing both ends against the middle. You might want to look at the fingers pointing back at her as she points the finger of accusation at Landrum.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-21523244256083032092010-03-17T21:07:42.081-05:002010-03-17T21:07:42.081-05:00Agreed on all points, however, I see don't see...Agreed on all points, however, I see don't see a bottom yet on Madison RE, rather, I see a leading indicator of times to come.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-65349002962021995502010-03-17T20:37:45.934-05:002010-03-17T20:37:45.934-05:00Anony 7:05, Madison's market has been correcti...Anony 7:05, Madison's market has been correcting for years now and for developers, its not getting better anytime soon (due to far too much supply). So, if you’re talking about a MAJOR correction in land prices, well, that’s already happened and happening, especially with commercial. However, a MAJOR correction via Madison in the housing market, similar to what has occurred in the City of Jackson, is highly unlikely. Two main reasons are sub-prime was not as rampant in Madison/Rankin as in Jackson; and Jackson’s crime is Madison/Rankin’s best advertisement.Anonymousnoreply@blogger.com