Few more new listings coming...

usctrojancpa

Well-known member
I'll be listing a Caserta Plan 3X in Cypress Village next week for $750k and a Coronado Plan 1 in Woodbury East in the middle $700s in early March.  Also working on a few other listings in Woodbury, Portola Springs, and West Irvine.  If anyone is interested in hearing more details about the Cypress Village and Woodbury East listings just PM me or email me at mmania001@yahoo.com  ;)
 
Working on a few more of the following listing that are coming soon...

Woodbury 3bed/3bath 1,614sf attached condo - Lombard Court Plan 4 - $600k list price
West Irvine 3bed/2.5bath 1,600sf attached condo - Sheridan Place Plan 2 - mid $600s
Woodbury East 3bed/2.5bath 1,735sf detached condo - Coronado Plan 1 - $750k list price
Cypress Village 3bed/2.5bath 1,560sf detached condo - Jade Court Plan 1 - mid $700s (I may buy this one myself)

I'm also discussing other listings like another Caserta Plan 3X, another 3bedroom attached condo in West Irvine, and a Sagewood home in Pavilion Park.  More to come on those once things are finalized....
 
Instead of prices on the listing, just put "Best and Final".

But seriously, congrats on all that activity... when are you going to become an "Area Specialist"? :)
 
Are any of these worth pursuing as a rental?  25% down and just looking for cash flow neutral.
 
irvinehomeowner said:
Instead of prices on the listing, just put "Best and Final".

But seriously, congrats on all that activity... when are you going to become an "Area Specialist"? :)

Haha  Why limit myself to just being an area specialist?  One of my sellers came up with a great description for me..."a sniper hitman listing agent coming to an Irvine village near you to list your home in the dead of night, quickly selling it, and vanishing with the wind."  haha

I like being a generalist and going from Irvine village to Irvine village showing the "area specialists" how it's done.  Mike & Mary, Monica, Gary, Mike, and Frank got nothing on me.  ;)
 
rkp said:
Are any of these worth pursuing as a rental?  25% down and just looking for cash flow neutral.

The West Irvine Sheridan Place condo would be the closest one to being cash flow neutral because the HOA is only $225/mo and Mello Roos is $700/year. 
 
Hi USCTrojanCPA,

I'm interested in Jade Court Plan 1 and Caserta Plan 3X. Please send me the details @ oc.queries@gmail.com.

Thank you.
 
oc.queries said:
Hi USCTrojanCPA,

I'm interested in Jade Court Plan 1 and Caserta Plan 3X. Please send me the details @ oc.queries@gmail.com.

Thank you.

Send you an email with more information.
 
Let's say if the buyer and seller agree on the purchase price without going into an MLS Listing, would there be substantial savings to both parties?
 
Compressed-Village said:
Let's say if the buyer and seller agree on the purchase price without going into an MLS Listing, would there be substantial savings to both parties?

Yeah, there would be for both sides (lower commission for the seller and a larger rebate for the buyer).
 
USCTrojanCPA said:
Compressed-Village said:
Let's say if the buyer and seller agree on the purchase price without going into an MLS Listing, would there be substantial savings to both parties?

Yeah, there would be for both sides (lower commission for the seller and a larger rebate for the buyer).

My understanding is that to have a loan, you would still need an escrow officer in the middle right but will not need an RE agent representing either party.  Is that correct?
 
rkp said:
USCTrojanCPA said:
Compressed-Village said:
Let's say if the buyer and seller agree on the purchase price without going into an MLS Listing, would there be substantial savings to both parties?

Yeah, there would be for both sides (lower commission for the seller and a larger rebate for the buyer).

My understanding is that to have a loan, you would still need an escrow officer in the middle right but will not need an RE agent representing either party.  Is that correct?

Yes, even if you do a private transaction without an agent you still need an escrow company and a title company handling things for both parties.  It's also in the best interest for the buyers to still ask for and receive seller disclosures about the property and do their inspections and due diligence. 
 
I understand the title company, but what service does an escrow agent provide that a real estate attorney couldn't?
 
freedomcm said:
I understand the title company, but what service does an escrow agent provide that a real estate attorney couldn't?

The escrow company will collect and hold the earnest deposit, generate escrow instructions, work with title, order HOA documents (if any), coordinate the signing of loan documents, provide the lender various required documents including tying out the estimated closing estate/disclosure, pay all invoices and handle all distributions, etc.  Escrow fee is about .25% of the purchase price for each side plus other minor costs.  I would think a real estate attorney would be much more expensive. I've haven't heard of anyone using a real esate attorney over an escrow company to close on a real estate purchase in CA. 
 
Woodbury attached condo listing coming on Sunday and then Woodbury East detached condo coming mid-to-late next week.  Also, I ended up buying the Cypress Village Jade Court detached condo myself.
 
I'll have a Las Ventanas Plan 3 listing coming up in late March/early April.  For those of you that aren't familiar with the floor plan...it's a 2,304sf single family detached home with 4 bedrooms with one downstairs, 3 full bathroom (one downstairs), an upstairs loft, and an above average lot.  Price will be $1m.  PM or e-mail me at mmania001@yahoo.com if you are interested. 
 
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