Author Topic: Newer Irvine listings with crazy WTF asking prices from equity sellers  (Read 1988938 times)

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Offline irvinehomeowner

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #3975 on: August 01, 2022, 12:51:30 PM »
I hate paying property tax...and when realtors include the furniture in the listing...well....I'd say gimme a lower price and take your dam furniture away.
why not write a check to the owner for the furniture on day of closing instead of adding it to sale price?

This reminds me of short sale shenanigans.
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Offline The California Court Company

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #3976 on: August 01, 2022, 01:02:27 PM »
I am ok with this kind of under the table deals….just like you are supposed to pay for use tax for used cars when you do private party sale; when purchasing new we already pay the sales tax, but every time it exchanges hands we need to pay use tax?

I hate paying property tax...and when realtors include the furniture in the listing...well....I'd say gimme a lower price and take your dam furniture away.
why not write a check to the owner for the furniture on day of closing instead of adding it to sale price?

This reminds me of short sale shenanigans.
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Offline USCTrojanCPA

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #3977 on: August 01, 2022, 10:17:24 PM »
I am ok with this kind of under the table deals….just like you are supposed to pay for use tax for used cars when you do private party sale; when purchasing new we already pay the sales tax, but every time it exchanges hands we need to pay use tax?

I hate paying property tax...and when realtors include the furniture in the listing...well....I'd say gimme a lower price and take your dam furniture away.
why not write a check to the owner for the furniture on day of closing instead of adding it to sale price?

This reminds me of short sale shenanigans.

Yeah, I let the person write in the price on the title when I sell the car to a private party and have had sellers do the same for me but Nevada doesn't charge sales tax on private party car purchases and provided in a sales tax credit on trade-ins.
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Offline best_potsticker_in_town

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #3978 on: August 16, 2022, 08:11:03 PM »
Over $930/sf and backing up to the Toll Road in this market?  Uhhh, I don't think so.

https://www.redfin.com/CA/Irvine/53-Royal-Pne-92602/home/112723819

Plus that tile flooring downstairs doesn't look good at all.

2 weeks later and looks like a $170k price drop today down to $2.68M.

https://www.redfin.com/CA/Irvine/53-Royal-Pne-92602/home/112723819

Dropped to $2.5m on Aug 5 and then back up to $2.68m 10 days later.

https://www.redfin.com/CA/Irvine/112-Meander-92620/home/112724295

Price increased from $2m to $2.2m after sitting on market for nearly 2 months.

Interesting strategy on these...

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Offline CalBears96

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #3979 on: August 16, 2022, 08:42:57 PM »
Maybe they're thinking the interest rates are at 4-month low.

Offline USCTrojanCPA

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #3980 on: August 16, 2022, 09:11:06 PM »
Over $930/sf and backing up to the Toll Road in this market?  Uhhh, I don't think so.

https://www.redfin.com/CA/Irvine/53-Royal-Pne-92602/home/112723819

Plus that tile flooring downstairs doesn't look good at all.

2 weeks later and looks like a $170k price drop today down to $2.68M.

https://www.redfin.com/CA/Irvine/53-Royal-Pne-92602/home/112723819

Dropped to $2.5m on Aug 5 and then back up to $2.68m 10 days later.

https://www.redfin.com/CA/Irvine/112-Meander-92620/home/112724295

Price increased from $2m to $2.2m after sitting on market for nearly 2 months.

Interesting strategy on these...

They are using the "buy now or be priced out forever" strategy.  haha
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Have license, will travel!

Offline zubs

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #3981 on: August 17, 2022, 11:04:53 AM »
Allow me to make your post more fun.

Offline Danimal

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #3982 on: August 19, 2022, 04:48:30 PM »
This home dropped from 3.2 to 2.6.

Not gonna sell more than 2.3. Owner is too greedy.


https://redf.in/2i3TGI

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Offline irviniteeee

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #3983 on: August 19, 2022, 05:29:51 PM »
This home dropped from 3.2 to 2.6.

Not gonna sell more than 2.3. Owner is too greedy.


https://redf.in/2i3TGI

LOL the 3.2M is funny.

Offline The California Court Company

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #3984 on: August 19, 2022, 06:04:43 PM »
they must've forgotten  Trabuco exists with that pricing
"Should any Person come into contact with such fruit, soil or groundwater, such Person is advised to wash thoroughly with soap and water and seek immediate medical attention"-Augusta Disclosure, Tustin Legacy

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Offline sleepy5136

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #3985 on: August 21, 2022, 07:27:04 PM »
IP trying to sell the single level 101 Reflection #123 for 2.4m. 100 Joshua tree which is a similar build just closed for 1.88m

https://www.redfin.com/CA/Irvine/100-Joshua-Tree-92620/home/143860376

IP tripping.

Offline trematix

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #3986 on: August 21, 2022, 08:13:31 PM »
I remember this listing last year. How soon before they slash the price?

https://www.redfin.com/CA/Irvine/65-Rockinghorse-92602/home/112726245

Offline The California Court Company

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #3987 on: August 21, 2022, 08:41:46 PM »
lol double the price from 1.5 years ago...TUSD....and how they fit the tiny pool into the backyard is amazing...I wondering that complies with HOA's CC&Rs.
I remember this listing last year. How soon before they slash the price?

https://www.redfin.com/CA/Irvine/65-Rockinghorse-92602/home/112726245
"Should any Person come into contact with such fruit, soil or groundwater, such Person is advised to wash thoroughly with soap and water and seek immediate medical attention"-Augusta Disclosure, Tustin Legacy

"You'll probably be able to buy a 4BR detached home in Quail Hill for $150,000."-IndieDev

Offline best_potsticker_in_town

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #3988 on: August 21, 2022, 09:04:32 PM »
91 Rockinghorse was on the market recently for $2.5M and it didn't sell. Same floor plan but a much bigger yard. No change 65 Rockinghorse is going to get anywhere near what they're asking. I'm guessing $2.3-2.4m range is more realistic.

Offline Irvinehomeseeker

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Re: Newer Irvine listings with crazy WTF asking prices from equity sellers
« Reply #3989 on: August 21, 2022, 09:32:04 PM »
IP trying to sell the single level 101 Reflection #123 for 2.4m. 100 Joshua tree which is a similar build just closed for 1.88m

https://www.redfin.com/CA/Irvine/100-Joshua-Tree-92620/home/143860376

IP tripping.
I think IP probably stopped building in the remaining lots of Fresco in EW due to demand cooling down. Otherwise they had continuous trenching and foundation work.

 

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