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Irvine Real Estate / Re: Orchard Hills - Capella by Taylor Morrison
« Last post by eyephone on Today at 04:06:18 PM »
Thought the reps said they are selling like crazy.


That's what they said about Quinterra @ PS. Lol
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Water Cooler / Re: Amazon - camel camel camel
« Last post by WTTCMN on Today at 04:00:17 PM »
PSA for those that like Izze (I don't but my SO likes these) - $12.71 for a pack for 24 cans.  20% "clippable" coupon making it $10.17 shipped.  Best deal I've seen on these.

http://www.amazon.com/dp/B007J82R8O/ref=pe_385040_30332200_TE_item
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If you can rent a house for $2,500, you definitely should stay there.  But most rental are $3,500-$4,000 these days.   Factoring in the tax deductions for the $5,000 PITI, you come out about even.

My current rental is 3 bed and about 30 yr old house with driveway and small backyard.  I think similar house would fetch about $750k to $780 for purchase.  I feel like I sort of missed the boat since Saratoga (no drive way or back yard but still)  in SG plan was what we were looking for but priced went up way more than we were comfortable since we first saw the model homes about a year ago.  OH's similar plans are mid 900k which is even more expensive...

We'll see in a few months what happens to the price and inventory...
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Technology / Re: Your address not in Google Maps? Fix it!
« Last post by paperboyNC on Today at 03:02:01 PM »
Sorry to revive this old thread, but hi IrvinePeon! Looks like we'll be neighbors.

For me, good deal was $321/sf incl. options/incentives. I know Quinterra has it's cons but for new construction and the peace and quiet (some call it creepy :)) it's a nice change for me.

Agreed. What do you think will appreciate more? $460/sqft resale in stone gate detached condo with tiny yard or $321/sqft single family home in portola springs with a medium yard. Once the PS elementary school opens and gets rated the community will be viewed on a more even level with stone gate.

I will admit though, the medium yard is pretty tiny  :-[, even compared to the lots you see in Portisol (Woodbury) - those resales were originally our first choice. But not much luck waiting for the 4/3 properties to come up....

I was specifically referring to this home:
http://www.talkirvine.com/index.php/topic,12107.0.html

Surely your yard cannot be smaller than that? I do agree that the yards are nice on the Portisol homes, but the master suites are too small.
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Irvine Real Estate / Re: Orchard Hills - Capella by Taylor Morrison
« Last post by lovingit on Today at 02:48:19 PM »
Thought the reps said they are selling like crazy.
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O.C. Real Estate / Re: Baker Ranch in Lake Forest / Foothill Ranch
« Last post by LiveAtOC on Today at 02:47:19 PM »
Latest price list for available home at Ridgewood.
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Irvine Real Estate / Re: Great Park Neighborhoods
« Last post by test on Today at 02:31:21 PM »
5th High School to be named Nuke 'Em High






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Got word from escrow that the transaction has recorded/closed.  Congrats to the buyer and seller.  There were 7 total offers (including an all cash offer) that all went above asking price.  The initial closing price was going to be $908,000 (basically near peak pricing for the neighborhood) but the buyer was also the buyer's agent so she requested to use her $22,700 commission to reduce the price.  As such, the adjusted closing price is $885,300 ($908,000 minus $22,700). 

Does this type of transaction hurt comps in the neighborhood since the recorded price is actually $885k, not $908k?  Or will an appraiser check on this price and realize that the commission was used to reduce the selling price?
I disclosed it in the concession comments of the MLS listing before I hit the SOLD button.  It states in there that there was a $22,700 concession via the buyer (being the buyer's agent) applying the commission against the purchase price.  Appraisers should use the $908k as the true market value, whether they will or will the lender/s allow them to....that's a completely different story. 
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Irvine Real Estate / Re: Planning Area 5b (Northwood Pointe East?)
« Last post by qwerty on Today at 01:56:53 PM »
I assume they are all 9 or less.

you assume wrong. there are bigger than 9 out there. and definitely in columbus square  ;)
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