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  1. hedgehog_IHB

    ALL CASH OFFERS IN IRVINE

    The notion that all-cash buyers are supporting prices up seems absurd to me. The advantage of the all-cash buyer is that he can pay less, not more, than the person with financing. Even on this site I have read many reports of sellers accepting an offer that was not the highest one, just...
  2. hedgehog_IHB

    Aliso Viejo, nicer and cheaper?

    Since this thread has already gone off-topic, I'll ask: which Thai restaurant in Irvine do you think is better than Thai Bite in AV? I've been unable to find a really good Thai place in Irvine. I'm aware of Kitima (kind of OK, but overpriced), Thai Bamboo Bistro, Thai Kitchen, but none of...
  3. hedgehog_IHB

    Rental parity on a 4/3 SFR?

    Two theories of why asking rents seem to be at rental parity with high prices: 1. An accidental landlord forced to rent his property will ask for a rent that is close to his mortgage payment. 2. Landlords know how to use rent vs own calculators too. They will plug in a ridiculous price and...
  4. hedgehog_IHB

    July 28th California goes bust

    Chiang to Arnold: If you give me 2.5 billion more, I will have nothing left!
  5. hedgehog_IHB

    Senators want homebuyer tax credit to rise to $15k

    Does the 15K tax credit equate to savings of about 5K for the average buyer? You don't really get 15K back, you get back the taxes on those 15K, right? Or am I misunderstanding how this works? I'm also assuming that the AMT will chip away at it too. Why does this even matter in Irvine? 5K...
  6. hedgehog_IHB

    Aliso Viejo - Glenwood - Pasadera

    Aliso Viejo is very nice if you like ... Aliso Viejo. The neighborhoods are good, there are jobs, restaurants, etc. But it's a huge pain to get to the 5/405 and go somewhere else. I used to work in AV and the commute from Irvine was up to 25mins, most of it off the highway. The only way...
  7. hedgehog_IHB

    Realtor Black and White Photo Trick on Newport Beach Listing

    From the listing: DO NOT DISTURB TENANT PLEASE. ... THANK YOU SECURITY CAMERAS ALWAYS ON. So... is the tenant always under surveillance?!?
  8. hedgehog_IHB

    Why take pictures at night?

    Actually, it's not fingers. I have a camera like that. Ever since it was dropped on the ground once, the protective shutter doesn't always open all the way by itself. Sometimes it does, sometime it doesn't and it just , and you don't know until you look at the picture you took. This is what...
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