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The Taycan charges pretty fast at EA fast charging stations, I would see 240-260kw charging speeds up to 50%. The new EV platform for Porsche has a larger and more efficient battery. I get about 240 miles based upon a full charge in the Taycan and I've heard that people are getting 300-320...

I'll be picking up my Macan EV at PEC LA on the 29th and it will replace my Taycan. I'm looking forward to the 300+ mile range.

I think the premium lots (view lots and larger lots) will sell fast and regular ones will take longer to sell.

First offer came in last night.

I'd expect pricing to be $3m to $4m for these homes.

Thank you for the kind words SGIP. I have known SGIP for over 15 years having met him during the Irvine Housing Blog (IHB) days and even personally used him to get for the loans on my West Irvine home purchase in 2011 and my Tustin Ranch home purchase in 2016. He has was always a lender that I...

On Thursday morning, I listed a turnkey Hamlin Plan 3 Single Story home in Loma Linda on MLS. The home was built in 2020 by Lennar Homes and features 4 bedrooms and 2 full bathrooms along with almost 2,300sf of living space on a larger 7,771sf lot. The home has no HOA and low tax rate 1.25% as...

I'm not 100% sure because I don't have a copy of the land lease agreement but I'd venture to bet that the City of LA Housing Authority would probably extend the land lease for another 99 years.

The land lease expires in 2099 for all of the homes in the Harbor Village so any new buyer assumes the existing 99-year lease which expires in 2099 or 75 years from now. As long as the land lease expires past the maturity of the loan, it is financeable by conventional lenders. I've never seen...

The home was built on leased land (lessor is the City of LA Housing Authority) with a 99-year lease with no land lease payments. As such, sellers and buyers need to notarize an assignment of the land lease from the seller to the buyer before title will record the transaction.

Yeah, never had a situation where 2 buyers flaked out but I'm happy that I was able to get the seller an even higher price than the initial top buyer's offer. The market is definitely more tricky now and more due diligence is needed when selecting a buyer.

Pretty good little tool although it is not 100% accurate as the numbers a little off but pretty close.

I registered a buyer over at Lily yesterday afternoon. Taylor Morrison is offering up a $25,000 broker co-op for Lily. Honestly, the price is on the high side compared to the closed comps.

Since I'm back from vacation and in the swing of things again, I wanted to tie off this thread. Talk about a rollercoaster with this home. I listed the home for $625,000 and received a total of 8 offers. The top offer was $685,000 and that buyer cancelled before even submitting their deposit...

Our buyer got laid off on Friday and our back up buyers that offered enough for the seller found other homes so the home is back on the market and I'll be hosting open houses this coming week on Nov 2nd and 3rd from 1-4pm. It's a shame because we completed the inspection and appraisal and were...

The condo sold on Thursday. The recorded sales price was $940,800. The contract price was actually $960,000 as the buyer was a semi active licensed real estate agent but asked me to represent her so they wouldn't have to pay their broker the commission split so we reduced the price by the 2%...

I have a great insurance broker who got the buyer of my 6 Ceramica listing a policy at around $2,000/yr....I was shocked when I saw the quote.

The buyer purchased the home for her older parents and will remodel the home before they move into it. It has a good location and a good floor plan and will look great once it's fully remodeled.

There is a pool/spa facility just up the street from the home on The Mall

Of course, it's been a busy time clearing out the listing that I've had and especially with coordinating repairs as many of the buyers wanted the repairs done before closing. I'll post up an update for Irvine through September in the coming week as one has been long overdue.