Recent content by snc

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    Where to Go for Cell Phone Repairs in Irvine?

    HELP!  Dropped my iphone and cracked the touch screen and the charging port.  Where can I go for quick repairs in Irvine?  Thank you!
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    PermaBears from the IHB: Where is the 40% drop?

    IHO, Your 3CWG shorts are there. Do you have an agent?  Your sharp agent would know where to look; just ask him(her).
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    PermaBears from the IHB: Where is the 40% drop?

    IHO, Your 3CWG bailout is just sitting there for you to grab via short sale (so you are a winner too!).  This opportunity will disappear as soon as the short sellers sees appreciation is being taken place so try not to wait too long. If I am you, I would get myself in 3 short sale contracts. ...
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    PermaBears from the IHB: Where is the 40% drop?

    IHO, Without seller cooperation(submitting seller's bank statements, assets, paystubs, tax returns, hardship letter, signed purchase contract) bank can not move forward with the approval of a short pay off.  Without written approval for short pay off, escrow can not close.  Without a short sale...
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    GFE and Closing Costs are confusing me

    escrowbear, Very simple to compare apple to apple - thanks to the new RESPA rule to protect consumers from confusion.  Get quotes on the same interest rate, same points, same day, same time, and just look at box A "Your Adjusted Origination Charges" and compare.
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    PermaBears from the IHB: Where is the 40% drop?

    fe9000, I am an insider.  It has very little to do with negotiating skills.  It's the art of submitting the magic numbers to get the bank to pay for everything, including maximum commissions.  Only those so-called "super negotiators" understand what I meant.
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    PermaBears from the IHB: Where is the 40% drop?

    IHO, With short sales, banks pay property taxes directly to the county (to avoid penalties), not collecting interests, and pay for most or all seller closing costs, including delinquent HOA dues.  Why would any one in their right mind pay anything?  Why would anyone eager to turn down free...
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    PermaBears from the IHB: Where is the 40% drop?

    IHO, It's true that short sales are shadow inventory technically; however, lenders require short sale homes to be listed on the MLS, so they are visible and not shadow.  In addition, most short sale properties are well priced with multiple offers, so they are spoken for 2X. The current...
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    PermaBears from the IHB: Where is the 40% drop?

    I consider myself an insider and I track Irvine foreclosure inventory for quite some years.  So far, most are or ended up selling through short sales.  Roughly 10% were or will be foreclosed within 4 months of NOD filings (lenders foreclose quickly if there is no short sale application).  The...
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    Is it necessary to do a new home inspection?(2010 Woodbury New Home)

    It's strongly recommended to get professional inspection.  The money will be well spent and you can be assure that you are getting a good product up front, and also for the following reasons: 1.  Builder may be out of business before the warranty ends.  You might want the repairs done as quick...
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    3CG Drought

    Found a new 3CG listing for IHO in Irvine.  The address is 5 Malibu in Northpark.
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    Las Flores

    I am thinking the reason could be Las Flores' Mello-roos are much higher, 1-3X. For every $100 extra in tax, there is an equivalent of $18,000 extra in home price.
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    Who bought the 2010 home?

    graceomalley, I am a long time lurker. I have read many of your posts and I see that you are a very knowlegeable and sharp person. Your wisdoms are very valuable and I appreciate your sharing. I want to admire you but I am just having a hard time. Example, you enjoy having free access to the...
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