Author Topic: [IHB] Closed Sales from 3-7-2013 to 3-13-2013  (Read 1220 times)

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Offline zovall

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Offline NYT

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Re: [IHB] Closed Sales from 3-7-2013 to 3-13-2013
« Reply #1 on: March 15, 2013, 11:39:04 AM »
Why aren't new homes included in this list? Is there a (convenient) way to find out about closed new home sales in Irvine?

Offline BunkMoreland

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Re: [IHB] Closed Sales from 3-7-2013 to 3-13-2013
« Reply #2 on: March 15, 2013, 11:40:04 AM »
Great question... I'd love to know that as well.

Offline zovall

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Re: [IHB] Closed Sales from 3-7-2013 to 3-13-2013
« Reply #3 on: March 15, 2013, 12:49:32 PM »
Why aren't new homes included in this list? Is there a (convenient) way to find out about closed new home sales in Irvine?

We pull the list from MLS which usually doesn't have new homes listed on it.  If a builder has difficulty selling their new homes, then they might list the home on MLS.


Offline woodburyowner

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Re: [IHB] Closed Sales from 3-7-2013 to 3-13-2013
« Reply #4 on: March 17, 2013, 03:26:53 PM »
Wow, this flipper made 250k from the sale!

http://www.redfin.com/CA/Irvine/66-Secret-Gdn-92620/home/5931229

I would be really interested in understanding how the investor was able to purchase this property for $650k as a short sale.  Surely the short sale approval agent at the bank who approved the sale should be fired for letting the property go so low!

Offline irvinehusky

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Re: [IHB] Closed Sales from 3-7-2013 to 3-13-2013
« Reply #5 on: March 17, 2013, 05:05:33 PM »
About a year and a half ago when we were searching for our home, we were very interested in the exact same models in this community.  There were a few short sales but even then all of these models were listed and selling over $800K for sure.   So, even I could have told you that it would be worth a lot more than $650K to start.  So... 

Even back then, these models were selling quite well, especially the ones further away from the noisy streets. 
Wow, this flipper made 250k from the sale!

http://www.redfin.com/CA/Irvine/66-Secret-Gdn-92620/home/5931229

I would be really interested in understanding how the investor was able to purchase this property for $650k as a short sale.  Surely the short sale approval agent at the bank who approved the sale should be fired for letting the property go so low!

 

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