Great video, seems like this could have a major impact on the real estate market and not just in CA. Lucky for me, I am waiting to hit the lotto before I start looking in Monterrey, but when I do I will give you a call! I visited a friend in Monterrey a few years ago and had a blast, I recently discovered your videos and its fun to see some of the areas I visited when there. You are lucky to live in such a beautiful place. All the best!
Thank you for the feedback and I agree Monterey is a great place to visit or live. If I can help with anything please let me know! Sounds like a lucky friend who you visited and I like the can't lose investment strategy of winning the lotto.
One minute and forty seconds into your video, you said that this $400 million lawsuit will be appealed. First of all, the lawsuit was tried before a jury and the jury returned a verdict of $1.8 billion (that’s billion with a “B“), not $400 million. Second, to avoid an appeal, the parties settled for $418 million. That completely and comprehensively resolved the litigation. There will be no further appeal. Parties do not appeal from a settlement agreement because a settlement agreement is a mutually satisfactory (or in most cases, mutually dissatisfactory) agreement. The only remaining obstacle to the implementation of the settlement agreement is whether or not the court will approve the settlement (spoiler alert, it is exceedingly rare for a court to refuse to accept the terms that the parties to the lawsuit themselves have agreed too). Stated another way, the effects of this settlement agreement will be implemented sometime in July, 2024.
Sorry to hear that Monterey is out of your budget range. Quite a few nearby surrounding towns that are more affordable like Seaside, Marina, Del Rey Oaks and Salinas. What would your budget be? If I can help in any way feel free to give me a call or send me an email.
Great video, seems like this could have a major impact on the real estate market and not just in CA. Lucky for me, I am waiting to hit the lotto before I start looking in Monterrey, but when I do I will give you a call! I visited a friend in Monterrey a few years ago and had a blast, I recently discovered your videos and its fun to see some of the areas I visited when there. You are lucky to live in such a beautiful place. All the best!
Thank you for the feedback and I agree Monterey is a great place to visit or live. If I can help with anything please let me know! Sounds like a lucky friend who you visited and I like the can't lose investment strategy of winning the lotto.
One minute and forty seconds into your video, you said that this $400 million lawsuit will be appealed. First of all, the lawsuit was tried before a jury and the jury returned a verdict of $1.8 billion (that’s billion with a “B“), not $400 million. Second, to avoid an appeal, the parties settled for $418 million. That completely and comprehensively resolved the litigation. There will be no further appeal. Parties do not appeal from a settlement agreement because a settlement agreement is a mutually satisfactory (or in most cases, mutually dissatisfactory) agreement. The only remaining obstacle to the implementation of the settlement agreement is whether or not the court will approve the settlement (spoiler alert, it is exceedingly rare for a court to refuse to accept the terms that the parties to the lawsuit themselves have agreed too). Stated another way, the effects of this settlement agreement will be implemented sometime in July, 2024.
If I had the money I would moved to Monterrey , Ca. But the prices of homes are outrageous..
Sorry to hear that Monterey is out of your budget range. Quite a few nearby surrounding towns that are more affordable like Seaside, Marina, Del Rey Oaks and Salinas. What would your budget be? If I can help in any way feel free to give me a call or send me an email.