Recent content by dream16

I live in here - so i 100% agree with this report, having just done a 1M deal here - it is the new norm here and all the new millionaire NYC money is now floating up to the suburbs of Manhattan.

Intention is not to sound extra negative but what we are in right now is not just a recession but a great god-damn depression at unprecedented levels, all those forbearance participants will eventually go into foreclosure late next year, you can all point it to this post in Fall 2021. However...

High Density and popular areas (Norther Jersey) or (OC - Irvine) with all techies and rich folks are still entangled in price-bidding wars on 1M and up newly built properties (inventories for new SFR homes practically don't exist especially in northern jersey cities - like jersey city/exchange...

Sorry to burst anyone's bubble here but a society with a mix of indian and chinese is a deadly cocktail of workarounds and frauds - lol if you are new to this, welcome to Irvine.

Hi All OC Neighbors: One of my classmates just bought a SFR for 1.2M - 3500 sq.ft ($315/sq.ft) - SFR in Anaheim Hills - schools rated at 9/10/9 - with $100 HOA and no Mello-Roos. It is a 20 year old house renovated-tear down 2015 and built back. He closed in October 2017, so shielded himself...

Thanks, i am assuming Foothill Ranch is an area within Lake Forest. If you have the option to work permanently from home - which one would you pick as the best bang for the buck?

I still see the prices only going up and we are in Jan 2018. The drop if any may come in the form of a sales stagnation which again won't be anywhere close to 2011-2013 levels.

But that "additional interest" is slapped on to the buyers face - having gone through it once, i know how weird my lender reacted when i asked them to delay the closing to save a few hundred dollars in additional interest i ended up paying. Regardless, in OP's situation, they should have been...

Hi All OC Neighbors: One of my classmates just bought a SFR for 1.2M - 3500 sq.ft ($315/sq.ft) - SFR in Anaheim Hills - schools rated at 9/10/9 - with $100 HOA and no Mello-Roos. It is a 20 year old house renovated-tear down 2015 and built back. He closed in October 2017, so shielded himself...

Sorry guys - but my question might sound dumb. I already paid both installments earlier & now want to figure out a way to pay 2018 July to 2019 June OC property tax bill which obviously is not due yet - goal again is to beat the $10k limit which is killing all Californian home owners starting...

There is NO way to fight "elevated cash offers", i wouldn't waste my time on such deals and feel your frustration.

What is the situation for folks who own properties in Portola Springs 92618 zone? Stonegate/Jeffrey Trail and Northwood High are the currently assigned ones.

My prop appreciated 8% in 2 years, take that for a comparison haha !

SCREW THAT SH*T --> anyone that owns a 2 bed in IR is scr***ed = i just paid a 9k bill for a PS condo - prop taxes (minus the mello-roos for lucky SFR owners) will easily run over 10K and for middle-class folks who own multiple properties in CA or out-of-state are under the GUN too as 10k is...

So if you are in the midst of buying a home now, would a reformed tax bill restricting mortgage tax deductions beyond 500k stop your new purchases? Or would keeping those homes under the name of an S-Corp or LLC solve the tax-hassle?