Recent content by JNinWB_IHB

  1. J

    MLS Irvine Closed Sales since 1/1/2006

    This is an amazing resource, IrvineRealtor. I noticed that an entry @1/10 (21 Summer House), has a list price of 1.8 million and a sale price of 9.8 million. I have added a column that calculates price/square foot. I thought that there would be many more sales under $300/sq ft...
  2. J

    Headlines...

    <blockquote>The debate over what caused the mortgage mess and how best to fix it is now taking a sharp turn, as new problems surrounding liar's loans and payment-option mortgages reveal the pervasive fraud, lying and deceit that permeated the market at its height. As loans made to borrowers...
  3. J

    Headlines...

    Redfin has added new sort criteria to their data base: FSBO, foreclosures, closed sales. <a href="http://sev.prnewswire.com/real-estate/20080430/AQW07030042008-1.html">Redfin Press Release</a>
  4. J

    Headlines...

    <a href="http://www.businessweek.com/ap/financialnews/D90BKK7G1.htm">CA Bill Rquires lenders to Maintain Foreclosed Homes</a> <blockquote>Banks and mortgage companies face fines of $1,000 a day if they allow foreclosed homes to become run down and a source of neighborhood blight under a...
  5. J

    Buildup along Jamboree continues.

    Today is the grand opening of the In-N-Out Burger at Jamboree/Barranca. This should make the traffic flow within the District even more unbearable. They should rename it Stop-N-Sit.
  6. J

    Headlines...

    <blockquote> Realtors in many U.S. states say lenders are demanding excessively high prices before allowing distressed borrowers to offload their homes in "short sales," making the housing crisis worse. In a short sale, a borrower dumps the home at below-market value and the bank forgives...
  7. J

    What's going into escrow - Irvine and maybe some Tustin too

    Here is the Mar Vista listing under discussion: <a href="http://www.trulia.com/property/1057142404-14-Mar-Vis-Irvine-CA-92602">14 Mar Vista</a>
  8. J

    Listing descriptions that make you cringe.

    <blockquote>Washington Modle, one of the most desire floorplans in woodbridge with large lot located in Cal-DE-Sac. New paint, New vanities, new kitchen with granite counter tops, new window blinds, new air conditioning and heater. Huge master bedroom with jacuzzi bath tub and walking closet...
  9. J

    Cops at Woodbury Stop Signs

    There is a motorcycle cop posted most days @3:30 at Warner/Santa Ynez in Westpark. He hides in the shade/shrubbery and nails unsuspecting motorists for some violation or another. It is a T intersection, so maybe there are more rolling stops because of no cross traffic. I just noticed my...
  10. J

    Foreclosure and distressed property topics

    I need map-reading lessons.... :red:
  11. J

    What's going into escrow - Irvine and maybe some Tustin too

    I second lawyerliz. I click on this thread to read about escrows, not sports.
  12. J

    What is worse for your FICO? Foreclosure or short sale?

    You meant to say "in Fraudida", didn't you?
  13. J

    Considering New Home Purchase - Need Advice

    Buyers purchasing in the newly-built areas now, will be selling an old house in 20 years. They will probably hear comments such as, "I don't like the floor plan", "I don't want to re-model to bring it up to 2030 standards", "I hate hard wood and travertine---too much noise and maintenance"...
  14. J

    Considering New Home Purchase - Need Advice

    Let me add another word of advice for not overbuying a larger house than you require. It's tempting to believe that stretching to purchase a larger house now will translate into a quicker or more attractive sale in 15 to 20 years. For one thing, financing all those extra square feet and...
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