Zaida Patel, Realtor ----- Blog Website » john laing http://zaidapatel.com Broker Associate, California Department of Real Estate, License #01426152 ---- Viking Realty Mon, 17 Oct 2011 23:22:33 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 John Laing Stops Building in Fremont, CA http://zaidapatel.com/2009/04/25/john-laing-builder-has-left-fremont-ca/ http://zaidapatel.com/2009/04/25/john-laing-builder-has-left-fremont-ca/#comments Sat, 25 Apr 2009 16:49:42 +0000 Zaida Patel http://zaidapatel.com/?p=51 On February 1, 2009, I  listed  the model home (previously sales office),  and leased by John Laing Developer.    Every week-end, 30-40 homebuyers, came asking about the status of the John Laing builder.  Because the home I listed is owned by a private owner, I did not have any information about the builder’s status.

Therefore,  I called the John Laing Headquarters  in February and I was told that they are not going to continue building or complete the Villa d’este community in Fremont.   It’s up to their lender to decide on the future of this community in the Ardenwood area.

However, since this is the only floorplan and home available, there is no competition.  Unfortunately, the asking price is not attractive to home buyers and timing is wrong,  due to the current economic trend.  The owner bought the model home for $1,400,000.   It is currently listed for $1,275,000 which is still a loss for the seller.    The property does have over $200,000 of upgrades with high end appliances.

Recent article about the John Laing company, please click here.

Article on Timeline of John Laing’s pathway to Bankruptcy, please click here.

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The SF bay area Ca real estate is changing rapidly. We know it is important for buyers and sellers to stay informed on home values. I  specialize in reporting current market information and news concerning Fremont, Union City, Newark, Hayward, Dublin, Pleasanton and San Ramon real estate.

  1. I won’t waste your time – when an offer is made, I’ll require acceptance or a counter offer within 24 to 48 hours.
  2. You’ll have the advantage of personal, one-on-one attention, as well as my dynamic web and e-mail resources.

Feel free to call my cell phone (510-676-2236) or send me an e-mail (zpatel@rwnetwork.com).

- Realty World Viking Realty

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