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  1. OCCOBRA_IHB

    Rancho Santa Margarita

    Just my thoughts on RSM and why i like it. I have lived here since 1991 before Antonio or even Alicia opened so you had to use EL Toro to get here which is why a lot of people still think its far. But i grew to like the isolation and bought a home in 1997 here. I grew up in Costa Mesa and it...
  2. OCCOBRA_IHB

    Nearly half of US mortgages seen underwater by '11: DeutscheBank

    How long will people keep paying on a home that is underwater? Especially when prices will continue to drop. All it takes is a job loss or medical issues and people will just give up and quit paying into a home that will not go up in value anytime soon.
  3. OCCOBRA_IHB

    Auto Dealership Deathwatch

    That's Family Nissan that took a crap at least 6 months ago. They own Family Honda also which is still in business but they let a lot of people go with no notice as is the case with a dealership going belly up. From my take it sounds like the family had a choice and made the Nissan dealership...
  4. OCCOBRA_IHB

    500,000 Americans to lose unemployment benefits by Sept and 1.5 million by the end of the year

    So what happens in next year when everyone can not find a job other than Wal-mart or Fast Food runs out of benefits at about 500,00 a month. Why have i not heard anything on job incentives for employers to hire. Oh, sure there is the stimulus that is going to create jobs but unless you like to...
  5. OCCOBRA_IHB

    July 28th California goes bust

    Even if they do get this through their analysis of future income is always flawed (always to rosey) and i can almost bet that they will be in another 8 to 10 billion dollar hole in 3 or 4 months. Unfortunately we are going to have budget issues in this state for many years to come.
  6. OCCOBRA_IHB

    Irvine Co. Said To Be Hiring Homebuilders

    13 sales that have not closed does not make a good market. The people who bought can be fickle and in this economy there will be a good share of cancellations which they will not tell you about and they will have to resell these homes many times.
  7. OCCOBRA_IHB

    what happens when you buy a house with unpermited structures on the estate?

    If no one has complained so far i would keep quite and go about my business.
  8. OCCOBRA_IHB

    Irvine Co. Said To Be Hiring Homebuilders

    Rent a builder! Thanks Irvine company as this is going to be a slow train wreck that i am really going to enjoy watching.
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