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Rhodes HomesIn Chapter 11 since March 31, 2009 A leading home builder in Nevada which has developed 40 communities since its founding in 1988, Rhodes Homes, filed for bankruptcy on March 31, 2009. The builder has 2 key projects - Rhodes Ranch and Tuscany Residential Village. At the time of bankruptcy, there were more than 300 finished lots remaining to be sold in Rhodes Ranch and more than 350 finished lots to be sold in Tuscany Residential Village. Rhodes Homes, Research Report (Jul 5 2009)
Enhancement Modules: Cash Flow Budget The builder’s cash flow budget, with its existing cash position, is provided to investors assessing the builder’s stability in bankruptcy and the probability of liquidation. Presents details such as the amount of ongoing development work on unfinished lots, units closed and sale projections (a measure of how likely buyers can bargain down the price). List of Homeowners - Info on Potential Resales The Homeowners List is a comprehensive listing of homes sold by Rhodes Homes prior to its bankruptcy. It helps investors and buyers looking for resale homes bought during the boom (ie, these owners are likely to have bought at a high price). Addresses included. Want to know how much a unit in Tuscany Residential Village is valued by the builders themselves? View Excerpt. >>$149.99 for Base Report and $199.99 for Enhanced Report. |
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