Recent content by IrvinePerson_IHB

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    Stopped by the Jamboree high rise condos today

    http://www.redfin.com/CA/Irvine/2108-Scholarship-92612/home/12415994 This one just broke the trend for Avenue One. All of the other condos are 300k+ as you guys have noted already. This one is listed as a short sale, just hit the market today for $249,500. Assuming this rents for...
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    Buildup along Jamboree continues.

    I love Anjin also. I actually would put my name down and do a quick shopping run at South Coast and come back in an hour in time to get seated :P
  3. I

    $55 a sq ft

    someone forgot a 0 somewhere? this home seems more likely to sell for 2M than 295k
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    How do you figure out how much down payment was put down or HELOCs are taken from a house

    Heh. I actually did google up those things :P Just couldn't figure out what RNT stood for. The other two are easily searchable... Edit: I'm guessing that stands for Assignment of Rent... "Assignment of rent means redirection of rental income from the mortgage property to the lender...
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    How do you figure out how much down payment was put down or HELOCs are taken from a house

    I did a lookup on the oc recorder site and the loans are there. Problem is I don't know what Grant Deed, Trust Deed or Assignment RNT mean.
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    How do you figure out how much down payment was put down or HELOCs are taken from a house

    To be fair though, the last purchase is probably more "affordable" than the previous one. The current owners did indicate that they bought the home from the bank and it was a foreclosed home (guessing that 2006 purchaser is the one that is the dumbass and the 2007 sell is the bank possessed...
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    How do you figure out how much down payment was put down or HELOCs are taken from a house

    Can you tell me the information about this house? http://www.redfin.com/stingray/do/printable-property?external_id=5887703 I recall you writing something about this home in the blog. Why I care now is because my parents are thinking of renting from the people who last bought this...
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    How do you figure out how much down payment was put down or HELOCs are taken from a house

    I always read the homes on this blog saying this home had 0 down or 100k down, or he took out this HELOC or that HELOC. What is the source of all that information?
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    First Vacation to Hawaii

    I've been to Maui, Oahu, and the Big Island. Going to Kauai later this year. Anyways of the ones I visited Maui is my favorite. Oahu (and waikiki/honolulu) just feels like you are still back at home almost albeit with nicer weather. The city life robs all of the classic Hawaiian charm. Maui...
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    Buying a home now...

    Hm... the math then says that if you have $800k equity gain, and you cash out from it you'll take home 500,000 + 300,000 * 0.85 = 755000. That's not that much in taxes and property values will most definately fall more than just 45k for a 800k home. However they can't take advantage of prop...
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    Buying a home now...

    They are eligible for Prop 90, that's why they are considering doing this. I am the one that lived in Irvine for the past 3 years after graduating from college, and my parents somehow followed me. I remember something about the 500k equity gain rule, except their property has more than...
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    Buying a home now...

    I know everyone here pretty much says it's not the time to be buying a home and to wait a year or two when the prices comes down. However, my parents insist on buying a home now and there's not much I can do to stop them but to try to give them good advice. First of all, are all those...
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    20 mph speed limit in Irvine?

    20mph will definately not work. It is designed for people to barrel down the roads at 50mph+. Having a 20mph will make it take so long to go anywhere. There is so much things compacted in 1 sq mile in city of london but 1 square mile of irvine contains absolutely nothing ;P
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    Killer Credit Card Rewards

    I'm pretty hardcore. I'm using a mixture of 4 credit cards to maximize my cash back savings. I always pay in full and set aside money I spend to pay these credit cards so it's just like using cash. Only difference is that I'm averaging about 3-3.5% overall on cash back.
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    New Condos Coming to Fashion Island

    Affordable to who? Multimillionaires? ;)
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