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I also bought a new build and during close, we signed a piece of the contract stipulating if we (buyer) could not close on time, we would incur a charge of $X dollars per day post  the estimated close date. I forget the calculation but it was basically the carrying cost of the property for the...

uh...one cherry picked example anecdote doesn't make the whole.

Man that's tough w/bid coming in 2 hours before offer deadline. reminds me of my many failed ebay bidding attempts but those were for small camera parts purchases, not $2M plus homes!

Also i think EW has one of the lowest MRs for a newer neighborhood (<10yrs)

Great perspective post!

Why is your buyer difficult if offering the seller full asking price?  I think a difficult buyer would be trying to get a discount from ask.

Did y'all catch the news of the poor korean lady that was punched in the stomach on Sunday morning by a thug from Irvine? This happened at a public park in Tustin. I'm starting to be worried and on guard. I'm usually out in the neighborhood with my two toddlers and the stressors are active...

These offer bid-ups seem exuberant for Irvine until you compare to Los Angeles pricing from 2019 through today. We were shopping the SGV area (Arcadia, Temple City, and north San Gabriel (San Marino schools) and prices for run down, crappy, TLC homes averaged in the 650-700/ foot range back...

This is not an accurate picture unless rate per capita is provided. Those cities listed have the highest numbers of Asians. I'm sure Bend Oregon would have like 2 incidents per year! quote author=Liar Loan link=topic=17863.msg377540#msg377540 date=1616700935] According to the CSUSB report that...

Average restaurant net profit margins are between 2%-6%. Where does doordash take their 30% charge? from the net margin line or up top from gross sales? If up top, you lose $ for every sale on doordash.

80% is based on available tax return/w2 info. Probably excludes own C-Corp, S-Corp, partnerships and self employed who all know how to shield income. I bet if you include that population of Irvine, $200K is more like the median.

Oh didn?t know they retro date the list. Good for them!

Man you are good!  GLWS!

Must be snarky Sunday... Bella Rosa has two story floor plans with main floor master

Check out the Bella Rosa gated community. It?s across Beckman high off Bryan. All models have downstairs masters.

Russell Peters has a great stand up skit on this very word. It?s hilarious!

Kris, your referral still looking for nanny work?

LA expats will bid up Irvine prices if there is a decent amount of migration. LA used to paying 600-900 per sq ft for dumps. Check out Pasadena and San Marino. If they trade they will think Irvine is a bargain and not hesitate to offer above ask for desirable properties

Google ikea pax hacks. Many impressive DIY installs and no one could tell it?s ikea.

Wonder if the Silverado fire will make buyers doubt Eastwood, Orchard and PS? Curious to follow the Fresco sales (and pricing).