Buyers waiting for attorney to provide tab for Fallbrook Golf Club

Jade and Julie Work, the Fallbrook couple who as Gird Valley, Inc., have been working to purchase Fallbrook Golf Club from Jack Lamberson, are ready to complete the deal but are waiting to receive the final bill from attorney Ronald Richards.

Richards’ D-Day Capital, LLC, owns the notes on the 116-acre Gird Valley property. D-Day Capital had its trustee, Chicago Title Company, serve Lamberson with a notice of default on Sept. 1, stating he owed $53,208.24 in past due payments. D-Day Capital also recorded a lis pendens (notice of pending legal action) against the property.

While D-Day Capital was taking the first steps in the foreclosure process, Lamberson reached a deal with the Works, longtime Fallbrook residents who want to preserve the property from development. Beverly Hills-based Richards is well known for working with developers.

Richards, Lamberson and Jade Work and lawyers from all sides appeared before Vista Superior Court Judge Earl H. Maas III on Oct. 14. It was the parties’ second appearance of the month before the judge.

“We’re trying to close,” said Jade Work on Monday, Oct. 24. “We’re waiting for D-Day Capital to submit all the paper work to the title company and then we can close. The judge made a ruling that asked D-Day Capital to supply a payoff demand (statement) and to release the lis pendens once it’s paid in full.”

Work said he was hopeful that escrow could close by the end of this week.

“We would have closed last week,” said Work. “We’re just waiting for the payoff demand to be made to the title company.”

Despite the delays in the escrow process and the added costs that come with them, Work is not discouraged.

“No good deed goes unpunished,” deadpanned Work. “It’s been a little trying but we’re pushing through. We definitely want to do a great thing for the community.”

The Works are Fallbrook High graduates, and as youngsters both spent time playing on the Fallbrook Golf Club property. It is the Works’ fondness for the valley land that prompted them to pursue buying the property.

“Our main intention is to preserve the property from development,”

Jade told SaveFallbrookGolfCourse.com. “It is important to us to keep this land open for others to enjoy as we have growing up here.”

Jade Work owns and operates the golf course construction company Integrity Golf but hasn’t said he if will try to reopen the Gird Valley course, which hasn’t received any maintenance for months. Although there are many options for the land, the one thing Work has committed to is putting the property into a conservation easement, which will protect it from ever being developed.

It is the Works’ philosophy regarding the property that has many Gird Valley residents desperately longing to hear the following four words: “the escrow has closed.”

The Village News emailed Richards asking him for a comment regarding the escrow proceedings. Richards didn’t respond.

Stay tuned.

11 Responses to "Buyers waiting for attorney to provide tab for Fallbrook Golf Club"

  1. SaveFallbrookGolfCourse.com   October 28, 2016 at 11:52 pm

    For more info on this property, visit SaveFallbrookGolfCourse.com! Thank you!

    Reply
  2. Bob   October 29, 2016 at 10:46 am

    Great reporting Tom. Let’s hope it closes fast and find out what will happen to the course. I hope and most do, that they will rebuild the course back to all its glory and more!

    Reply
  3. Willow   October 30, 2016 at 11:13 am

    Let us hope that this long local nightmare is coming to a successful and supportable conclusion. Thank our lucky stars that a responsible family like the Works are willing to stand up for all of us and save the valley from the ravages of the carpetbagger who bought the bank note and is scheming to turn the valley into condos. Let us all work together to support the Works in their efforts be they renewed golf course, winery, vineyards, wedding venue, etc.

    Reply
  4. E.M.   October 30, 2016 at 11:13 pm

    We as long time residents of Fallbrook could not be happier to finally get a responsible owner for our beloved Fallbrook Golf Club. It has been a complete nightmare, roller coaster ride to get to this point.
    We can’t wait to see the wonderful things the Works’ have planned to renew and improve our beautiful Gird valley.

    Reply
  5. Brad Jordan   October 31, 2016 at 11:30 am

    I am extremely excited about the chance of Jade Work buying the property and doing something productive with it. Recently I met Jade at a meeting of people concerned about the course. He is a very impressive person with great ideas but also a heavy dose of realism. He said he would love to use the property for golf but no matter how many times he played with the spreadsheet and fibbed to himself the numbers never worked out. Glad to see someone is thinking with their heads for once regarding this property. If Jack Lamberson had done his homework before buying the property he would have realized it was a bad idea. Maybe someone else would have bought it and kept it as a course because they would have had the experience to run a golf course profitably. With Jack letting the greens, fairways, and tee boxes die the chances of the returning the course to any reasonable condition so it could remain a course died. I am very hopeful that Jade can make a nice wedding venue and vineyard so that it will stop looking like it does. Good luck Jade – you are going to need it.

    Reply
  6. JD   October 31, 2016 at 12:58 pm

    How can anyone hold open any hope, after the long and frustrating journey this has been? “All that is left is for the shifty lawyer to present a pay-off bill” Oh, that’s comforting. I’ll guess the amount will be out of bounds, starting another dog leg left on this mess. I hope I’m wrong
    (As I’ve said before, I live off former hole 6, and I care a lot, I’m just gun shy at this point )

    Reply
    • Dusty   November 1, 2016 at 8:48 am

      Pray for the best, prepare for the worst….and take action when you see the opportunity present itself.

      Reply
  7. Jemima   November 1, 2016 at 11:17 pm

    We are living the same nightmare here at Silverstone Ranch in Las Vegas. Same group of attorneys bought then destroyed our course as of 1 September, 2016.

    Reply
  8. Jemima   November 1, 2016 at 11:18 pm

    Correction: 1 September 2015

    Reply
  9. AJW   November 3, 2016 at 10:32 am

    We too are THRILLED with the Work family and pray for a successful completion of this transaction! The golf course was one of the reasons we (less than a year ago) bought in this neighborhood and have worked hard to stay positive through all the ups and downs. We have full faith that GOOD will triumph and continue to pledge our support to any/all parties working to preserve the rural beauty of the historic Gird Valley! We also thank Tom for staying on top of this story that is so important to many of us!

    Reply
  10. Rhonda   November 3, 2016 at 12:07 pm

    I would just like to get paid as an employee for the 10 days I worked there before I was told the other guy was on the run!!! 😡

    Reply

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