Recent content by Yousr

I think this is the before-final price list. There should be 3 more model homes with the first-floor suites. Crazy process nonetheless

https://www.ocregister.com/2023/05/11/is-villa-real-estate-closure-the-beginning-of-a-real-estate-shakeup/?utm_content=fb-ocregister&utm_campaign=socialflow&utm_medium=social&utm_source=facebook.com&fbclid=IwAR3MfID7IKgZaxRahLXiN4eUjITH2upahfPicz-qV0egHT0HLhmZYGelMQ4&mibextid=Zxz2cZ

Thanks for sharing. Did you notice leak due to the smell or was it a routine check? Was yours detectable with electronic detector?

These homes will go no matter what. AAA never made a difference before to matter now.

Agree. I think there is a a disconnect now between market prices of new homes vs resales.

Stopped by the Fresco sales office today. Homes are still moving at these IP prices, albeit at a much slower rate. They increased their floorplan 1 price by $74k. So, whatever IP giveth in incentives with their right hand, IP taketh in price hikes with their left and then some. The single...

I see. So you bring him for counseling.

Conditional approval is different from pre-approval. You get pre-approved without any serious underwriting. It?s very plausible to get denied a conditional approval once they take a deep dive into your finances. The reason they don?t mention it to you at the sales office is that 30 days is...

IP actually gives you a 30 day period from signing to get conditional loan approval. If you fail within that period (given your best efforts) and notify them you can get your deposit back. If that period passes, then you?re out of luck whether you can get approved or fail to qualify. 

The question is how do you bring the lawyer into the picture? Virtually all new build contracts will stipulate an arbitration clause. Meaning you can?t litigate, you have to arbitrate.

@Irvinehomeseeker, incidentally, this is the same guy I told you about and ended up going with myself. In absolute terms, he?s not the cheapest out there but definitely among the best quality wise. I asked my previous landlord for his contacts, since I loved the quality of the landscaping in my...

Just shows you to what extent IP is willing to sit on inventory for whatever long rather than lower prices to sell like most other builders in their case. This holds for their regular floor plans as well. Even in this interest rate environment they will never contemplate lowering prices from one...

I think that even in the worst case scenario that this bust lasts for 5-6 years, just  by considering how much the run up in prices have been over the past couple of years it was completely worth it to buy anytime in 2018, 2019, 2020 and the larger part of 2021. The declines in Irvine are single...

Looks like IP is back to their old price sheet format, the one they used when there were no priority lists and homes lingered on the market for a while. Specific lots are now explicitly listed with with their elevation, lot size price and upgrades if any. And you can see homes from older phases...