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October 11, 2007


Mike Peterson

I have been considering moving to a Centex community in North Las Vegas. "Ardiente" seems to offer many of the amenities that seniors are looking for but after reading this I'm more than a little nervous. They have been sending me sales sheets that each month are heavily discounted for homes already built and ready to move in. Maybe I should view this as a red flag warning and back off. Your thoughts would be appreciated.

homes for sale newport coast

If their land actually were worth closer to 1.00 of book like EScrooge thinks, then how come a private equity or hedge fund doesn’t buy these companies at such huge discounts to book?

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