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the numbers look deceiving...  i wish we could see separated numbers between condos/attached homes and SFRs...

thanks for all the responses.  yes, this would be a primary house for us to live in, not a flip/investment property.  @IR2- thanks for the pm, ill reach out to your contact.    hmm... 203K lite?  not interested.  the property is substantially below are budget and we'd like to do a lot of...

thanks for the reply.  this is putting a damper on the plan.  may need to find FCB financing...    ill call WF today to get more details. 

Does anyone have any experience in utilizing a 203K loan?  Looking at buying a home that needs some fixing, but after the downpayment, we wont have the cash to do everything we want with the home.  wells fargo has a "buy and renovate" program, but i didnt want to call without checking what...

hey neighbor!!!  keep the RPMs down past 8pm when my daughter is asleep...  congrats on the deal, and you got a good one!

haha.. of course i had my chest out when the bet was in my favor.  wouldnt you?  i (perhaps mistakenly) thought that indie and ihs were super bearish with regards to irvine housing, so i figured if they are willing to take the bet, why not?  i have a strong opinion that Irvine won't be that...

IHS.  thanks.  i see your view point.  i dunno, maybe its just me, but your opinion there is much more direct than other posts.  I actually agree, that TIC does listen and will make alterations over time.  People SHOULDNT think that they don't make a difference.  I'm sure the folks over at...

well, since the original premise is out.. yes, I have less conviction and i dont know if i'd be willing to lose that much on a coin flip...    i was just wondering if he (or IHS) would be willing to gamble on a large drop (which is what i'd be willing to bet a lot of money on)...    ill think...

i never said that you said it would drop that much.    interesting counter... let me think about it.    let me ask you this, are we just talking about gross sales price or do we need to find a way to calculate in incentives (builder credits, upgrades, etc....)

hey, I woulda bought in Cortona if i thought the price was right, so I do think that the community is overpriced (or at least I'm not willing to buy just yet)...  and I won't necessarily follow, but they did sell all units of next phase on Sunday (next phase opened Sunday).    They did not cut...

Hmmm.. you are right, i did cause confusion and didnt throw out enough details.  (i was never a great negotiator).    i didnt mean to explicity point out Laguna/ Cortona, but it we are in the LA thread.  So i figured why not.  if you are serious about getting into specific details... i am...

I'm testing how much conviction you have in all of your guys claims how everyone will get screwed by TIC and how soon they won't be able to give away these properties.  I'm not bullish or bearish on this real estate market.  i wouldn't be surprised if prices were slightly down and i wouldn't...

hmmm. u old enough to have been at the maria st or wilmington races?  83 dates u as my generation was all about the fc rotaries.. 

thats not a bet, nor is it overly bearish...  that means that housing prices may be own .000002% in a year.    i wouldn disput that housing prices can be slowly down trending.  yes u've indicated here may be potntial for a bleed effect on prices.  but u also talk as if irvine is so not special...

i get it.  i dont make that much, and been recently speaking to people who have a lot more/make alot more than i do.    many live in south county.  why?  better value, and room to raise a family.  a lot of ppl live in the aliso viejo/ laguna hills/ laguna niguel area.    im not sure why i/we...

I dont have an M, but was thinking about one (4 door).. but may likely end up w something else for growing family (i do like the e70 lci)...  if i didnt waste so much money on cars, maybe i could afford a house in irvine... DOH!...    You can still drive fast in Irvine...  90mph almost every...

i'd like to make a bet with anyone who will take it.  my house is in escrow and i'll have some cash to play with soon.  we have hard-core perma bears conviced that irvine is way over priced, and 20% on the downside seems to be acceptable.  since, i'd like to have a house in laguna altura...

But considering how much we look at houses online, there is a reason prices are sticky in Irvine, we can truly say there is barely anything we want in our price range. We can find many of them in South County cities... but that's too far away for me (for now). and what is the reason that...

I've seen that house on several occasions for us...  unfortunately these homes were/are $500K+ out of our price range...  (Eastbluff would be such and ideal place)