irvinebullhousing
Well-known member
You can always request for your choice of school in Irvine. That all depends on enrollment of course. If Irvine High has lower attendance than the high school of choice, they will let you know.
Cypress Village East Master Thread
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NEW -> Contingent Buyer Assistance Program
I think I've figured out what he's saying, I speak a little bit of millennial.
$20k is for deposit and he got 20% down payment, but he need more time to accumulate the required 6 month reserve. And he wants to know how much time does he got before he has to show the proof of 6 month reserve.
Homes are selling quite well in this neighborhood, which is why they're expanding the homes to a smaller unplanned adjacent lot for further future phases. I'm sure if there was more land available in this area, they would be trying to build more.
I've also noticed an uptick in prospective buyers stopping by the sales office. It's probably due to the city rerouting Great Park Blvd traffic to the street across from the CVE entrance.
Also looks like they are clearing the area for the "Base Camp" retail center. I see lots of construction activity now on my way to work everyday.
Yes that's exactly what i was looking for, sorry for the typo and stuff, i guess i was in a hurry. Handover is mid-dec this year, so i got like till october end may be to show 6 month cash reserve... Damn i should have may be bought a few months ago, since i have started seeing houses, the prices have jumped 6ok in 2 months, no exaggeration.. Is there a bubble here for the buyers...?
I believe US commercial property sector might take a dive. Some people might say it already is.
I just read that America's hottest real estate market SF is cooling off.
http://www.theepochtimes.com/n3/2256664-americas-hottest-real-estate-market-is-cooling-off/
Toronto housing sinks due to cooling measures. Australia housing market signs of cooling.
Regarding the Schools - If Cypress Elementary is full Eastwood Elementary scheduled to open this fall will be the overflow school. That's what we got assigned to for our 1st grader.
CV Elementary is full for 1st grade...not sure about other grades. Per IUSD, Beacon Park is full as well.
Thanks
Irvinehomeseeker
Active member
one thing to note however is that the increased price for plan 1 reflects the additional 4th bedroom instead of loft. good to confirm with sales.
Can someone temme , what the process for the new home buying process for irvine
pacific is.
1. Handing out cheque for 20k dollars - will i be able to get this back,if something goes south
2. I have 20 down, but will need few moinths before i can show bacup for 6 months, how long do i have to get these thing in order.
3. What happens if price of house reduces before handover...do we have any option to negotiate at that time
pacific is.
1. Handing out cheque for 20k dollars - will i be able to get this back,if something goes south
2. I have 20 down, but will need few moinths before i can show bacup for 6 months, how long do i have to get these thing in order.
3. What happens if price of house reduces before handover...do we have any option to negotiate at that time
potsticker
Active member
1. Unless "south" for you means that you are re-located for work, lose your job, or have some catastrophe occur that impacts your buying power - the deposit is lost if you back out.
2. You need to be pre-qualified by IP's preferred lender as if you are closing today. If you do not have the appropriate reserves, the lender will not approve you and you cannot sign a purchase agreement. There is no, "you have 'x' months to accrue 'y' dollars."
3. The price isn't going down.
2. You need to be pre-qualified by IP's preferred lender as if you are closing today. If you do not have the appropriate reserves, the lender will not approve you and you cannot sign a purchase agreement. There is no, "you have 'x' months to accrue 'y' dollars."
3. The price isn't going down.
Irvinehomeseeker
Active member
if you are looking in Cypress Village East community, the builder is CalPacific...the lender to Prequal is US Bank.
eyephone said:
I think I've figured out what he's saying, I speak a little bit of millennial.
$20k is for deposit and he got 20% down payment, but he need more time to accumulate the required 6 month reserve. And he wants to know how much time does he got before he has to show the proof of 6 month reserve.
id_rather_be_racing
Active member
paydawg said:
Homes are selling quite well in this neighborhood, which is why they're expanding the homes to a smaller unplanned adjacent lot for further future phases. I'm sure if there was more land available in this area, they would be trying to build more.
I've also noticed an uptick in prospective buyers stopping by the sales office. It's probably due to the city rerouting Great Park Blvd traffic to the street across from the CVE entrance.
Also looks like they are clearing the area for the "Base Camp" retail center. I see lots of construction activity now on my way to work everyday.
lnc said:
Yes that's exactly what i was looking for, sorry for the typo and stuff, i guess i was in a hurry. Handover is mid-dec this year, so i got like till october end may be to show 6 month cash reserve... Damn i should have may be bought a few months ago, since i have started seeing houses, the prices have jumped 6ok in 2 months, no exaggeration.. Is there a bubble here for the buyers...?
lnc said:
I believe US commercial property sector might take a dive. Some people might say it already is.
I just read that America's hottest real estate market SF is cooling off.
http://www.theepochtimes.com/n3/2256664-americas-hottest-real-estate-market-is-cooling-off/
Toronto housing sinks due to cooling measures. Australia housing market signs of cooling.
paydawg
Active member
By doing just a simple Redfin query on avg $/sq. foot, I'm seeing the following:
1) Cupertino: $843
2) San Jose: $549
3) San Francisco: $849
4) South Pasadena: $614
5) Torrance: $472 (WTF)
And Irvine?
6) $450 (zip 92618)
7) $467 (92620)
8) $559 (Turtle Rock)
9) $464 (entire city of Irvine)
There's no bubble in Irvine. There's probably room to go up.
1) Cupertino: $843
2) San Jose: $549
3) San Francisco: $849
4) South Pasadena: $614
5) Torrance: $472 (WTF)
And Irvine?
6) $450 (zip 92618)
7) $467 (92620)
8) $559 (Turtle Rock)
9) $464 (entire city of Irvine)
There's no bubble in Irvine. There's probably room to go up.
irvinebullhousing
Well-known member
The only bubble that I see is Bubble Gums 
. There are too many values going on right now here in Irvine to have any BUBBLES. Both Long terms and Short term for Irvine real estate are plus + plus +.
. There are too many values going on right now here in Irvine to have any BUBBLES. Both Long terms and Short term for Irvine real estate are plus + plus +.
Irvinehomeseeker
Active member
Newhome24 said:
Regarding the Schools - If Cypress Elementary is full Eastwood Elementary scheduled to open this fall will be the overflow school. That's what we got assigned to for our 1st grader.
CV Elementary is full for 1st grade...not sure about other grades. Per IUSD, Beacon Park is full as well.
Thanks