Author Topic: Irvine Towering Infernos  (Read 6991 times)

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Offline morekaos

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Irvine Towering Infernos
« on: December 08, 2009, 11:11:00 AM »
This should encompass ALL the tower condos including the Korean Towers as I am still curious about the other projects in the area

Offline bltserv

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Irvine Towering Infernos
« Reply #1 on: December 08, 2009, 12:32:00 PM »
I was looking at some of the Astoria listings.  I love how they Photochopped the cars off the San Diego Freeway.

Nothing like laying in bed and watching the big rigs roll by.
How romantic. To be so close to the 405.  

http://www.redfin.com/CA/Irvine/401-Rockefeller-92612/unit-503/home/21927321

$ 925 for HOA.  Hurry. They wont last !!!!
« Last Edit: December 08, 2009, 12:34:00 PM by Anonymous »

Offline graphrix

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« Reply #2 on: December 08, 2009, 12:45:00 PM »
5112 SCHOLARSHIP went back to the bank last week for $1.072M. I guess that bank hasn't figured out that towers in OC are about 150 years ahead of their time and just not worth a "there is no more land" premium. Oh well. And I also find it funny because of all the people who told me that The Plaza was special with its Chinese water torture pool, and it won't have the problems that Marquee has/had. You can all kiss my...

Offline novaseline

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« Reply #3 on: December 08, 2009, 12:51:00 PM »
« Last Edit: December 08, 2009, 12:51:00 PM by Anonymous »

Offline morekaos

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« Reply #4 on: December 08, 2009, 02:13:00 PM »

Offline Soylent Green Is People

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Irvine Towering Infernos
« Reply #5 on: December 08, 2009, 05:22:00 PM »
Perhaps this is the wrong forum to ask, but if you had a choice between A) Watching Sadek's "Redline", B) Watching The Real Housewives of where ever or C) Seppuku, which would you prefer?

Offline bltserv

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« Reply #6 on: December 09, 2009, 12:10:00 PM »
Redline.  
The Movie Sucks but has some redeeming qualities.


Offline novaseline

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« Reply #7 on: December 09, 2009, 12:23:00 PM »
Can I just put my own eyes out?  Is that an option?

Offline morekaos

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« Reply #8 on: December 09, 2009, 02:24:00 PM »
I know it is a cross post but maybe he will move back into this building since it has a guard at the door....ohhhh the irony, there is already speculation that it was a set-up along with the car fire to collect some juicy insurance money...who knows?

http://www.ocregister.com/news/house-223225-police-one.html

Offline bltserv

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« Reply #9 on: December 09, 2009, 03:50:00 PM »
I just wonder after all that has happened. How in the heck can the guy still have a house up in Pelican ?  It just blows my mind.
I guess white collar crime really does pay.  And the only punishment he gets is from "The Guido Collection Agency" that called on him last night and woke up the neighborhood.

Offline biscuitninja

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« Reply #10 on: December 12, 2009, 01:24:00 PM »
I'm surpised if he knew bad things were going to happen, maybe a little precaution of an... i dunno... armored car and house might be in order.  But that's just my opinion.

Offline roundcorners

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« Reply #11 on: December 14, 2009, 08:58:00 PM »
wow.. who wouldn't have "extreme panic disorders"... the guys life never ceases to amaze me...
Los Angeles...  Android...  Happy  ~RC

Offline roundcorners

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« Reply #12 on: December 14, 2009, 09:00:00 PM »
in other news... looks like some Vietnamese are also up to no good...

Five people charged in $3 million loan fraud
http://mortgage.freedomblogging.com/2009/12/14/five-people-charged-in-3-million-loan-fraud/22699/
Los Angeles...  Android...  Happy  ~RC

Offline morekaos

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Irvine Towering Infernos
« Reply #13 on: December 16, 2009, 09:52:00 PM »
This can't be good.

http://irvinehomes.freedomblogging.com/2009/12/16/another-50-discount-at-irvine-high-rise/11719/

Another 50% discount at Irvine high rise
December 16th, 2009, 1:18 pm - 4 Comments - posted by Erika Chavez, Staff Writer
Remember that condo at Irvine's Marquee Park Place that sold for 50% less than its previous sale? The 2-bedroom unit sold for $1 million in 2006; fast-forward three years and the now-bank owned property was snapped up for $500,000.

Looks like that wasn't an anomaly.

I stumbled across another recently closed sale in Irvine's first high-rise, and felt a sense of deja vu: the 2-bedroom unit last sold in April 2006 for $1,501,500. On October 16, the home (now bank-owned) sold for $750,000.

In the comments attached to the last post, local Realtor Adam Brett shed some light on these deep discounts at Marquee Park Place:

"There are a few more reasons for the price decline at this project. Currently - there is litigation, over 20% HOA delinquency, and nearly a 50% non-owner occupied rate.

No lender will finance a sale or refinance making the buyers pay ALL CASH for any sale."

To refresh your memory, HOA fees at this property run $1,152 per month and include a 24-hour concierge

 

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