Category Archives: Friends of ArrowCreek

Reblog: Are There Development Options for the FOA if the Land Is Not Purchased by the ACHOA?

Posted on November 7, 2015 by arrowcreek411

Posted on November 6, 2015 by ArrowCreekTruth The FOA remains firmly committed to a 36-hole golf course. However, the FOA is currently assessing its future land development options as a fallback in case this measure fails and a 36-hole course … Continue reading →

Posted in ACT, ArrowCreek, ArrowCreek 411, ArrowCreek411, FOA, Friends of ArrowCreek | Tagged , , , , , | 7 Comments

Is $3,300,000 a Fair Sales Price?

Posted on November 6, 2015 by arrowcreek411

By Rick R. Hsu FOA wants homeowners to buy the land, minus its most valuable parcel, for $3,300,00. FOA paid cash and assumed debt of all golf course assets for $1,972,398 (Source: In re: Aspen Sierra Leasing Co., U.S. Bankruptcy … Continue reading →

Posted in ArrowCreek, ArrowCreek 411, ArrowCreek411, FOA, Friends of ArrowCreek, Golf at ArrowCreek, Golf Course Purchase, Golf Purchase | Tagged , , , , , , , , , | 2 Comments

I Had Lunch with my Hilton Head Buddy…

Posted on November 4, 2015 by arrowcreek411

By Wayne Krachun Had lunch with my Hilton Head buddy. He asked if The Club was doing all it could to increase revenues. I replied that membership was growing. “You don’t bank members,” he said, “You bank revenues. Are the … Continue reading →

Posted in ACCC, ACHOA, ArrowCreek, ArrowCreek HOA, ArrowCreek411, Bail Out Golf Course, Control Our Destiny, FOA, Friends of ArrowCreek, Golf at ArrowCreek | Tagged , , , , , , , , , , | 1 Comment

FOA Is Transparent

Posted on November 1, 2015 by arrowcreek411

By Karen Korcheck If you are going to criticize and make claims about Friends of ArrowCreek, who are transparent about who they are, it would give you more credibility and value if you revealed your identity. Karen and Steve Korcheck

Posted in FOA, Friends of ArrowCreek | Tagged , | 3 Comments

AC Control, AC Control, We Have a Problem

Posted on October 15, 2015 by arrowcreek411

By Wayne Krachun Mr. Kenny proposes that we pay $3.3 million for acres devoted to a dying hobby. We then collect rent of $4,000 (keep in mind The Club is already paying us $16,000 for road fees.) So, the payback … Continue reading →

Posted in ACHOA, ArrowCreek, ArrowCreek411, Bail Out Golf Course, Control Destiny, Control Our Destiny, FOA, Friends of ArrowCreek, Golf at ArrowCreek, Golf Course Purchase, Golf Developments, HOA | Tagged , , , , , , , , , , , , , | 2 Comments

Don’t Hurt Yourself! Especially with this Real Estate Proposal!

Posted on October 13, 2015 by arrowcreek411

By Ron Duncan Things you, the homeowner, should NEVER DO: Hit your thumb with a hammer! It HURTS YOU. So don’t do it! Sue yourself. The lawyer gets rich! It HURTS YOU. So don’t do it!! Negotiate with yourself. No … Continue reading →

Posted in ACHOA, ArrowCreek, ArrowCreek HOA, FOA, Friends of ArrowCreek, Golf at ArrowCreek, Golf Course Purchase, Golf Developments, Golf Purchase, HOA, Negotiating with Yourself, The Homeowner | Tagged , , , , , , , , , , , , , , , | 3 Comments

LOI: ACHOA Members Are Simply a Bank – Shouldering All the Risk

Posted on October 12, 2015 by arrowcreek411

by Robb Smith I missed the Tuesday night board meeting but just read the LOI that was sent out, and after reading it I have to imagine the Tuesday meeting was full of fireworks. I’ve probably been one of the … Continue reading →

Posted in ACHOA, ACHOA BOD, ArrowCreek, ArrowCreek HOA, ArrowCreek411, Bail Out Golf Course, Control Destiny, Control Our Destiny, FOA, Friends of ArrowCreek, Golf at ArrowCreek, Golf Course Purchase, Golf Purchase, HOA, Investment Opportunity, LOI, Opportunity to Invest | Tagged , , , , , , , , , , , , , | 6 Comments

ACHOA-FOA Letter of Intent (LOI) Signed 9-28-15

Posted on October 6, 2015 by arrowcreek411

The ArrowCreek Homeowners Association, Inc. and the Friends of ArrowCreek Limited Liability Company (“Parties”) have entered into a Letter of Intent that represents an expression of each parties’ interest to negotiate only and each party reserves the right of final … Continue reading →

Posted in ACHOA, ACHOA BOD, ArrowCreek, ArrowCreek HOA, ArrowCreek411, FOA, Friends of ArrowCreek, Letter o Intent, LOI | Tagged , , , , , , , , , , , , | 6 Comments

Do You Have Investment $$ & A Yes Vote?

Posted on October 1, 2015 by arrowcreek411

Are you looking for an investment opportunity? Are you a Yes vote? Then, Click Here!

Posted in ArrowCreek, ArrowCreek411, FOA, FOA Letter, Friends of ArrowCreek, Opportunity to Invest | Tagged , , , , , , | 2 Comments

BK Purchase Facts

Posted on September 28, 2015 by arrowcreek411

Based on bankruptcy documents, the calculation of the total value of the debt assumed and cash paid by the FOA to acquire the golf course assets was $1,972,398. First is a bidding document filed by the FOA stating that bidders … Continue reading →

Posted in ArrowCreek, ArrowCreek411, FOA, Friends of ArrowCreek, Golf Course Foreclosure, Golf Course Purchase | Tagged , , , , , , | 3 Comments