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    Baker Ranch in Lake Forest / Foothill Ranch

    Highlands East + Crossings pricing sheet.
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    The Summit at Baker Ranch

    Updated pricing sheet.  Most of the lots with views have sold. 
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    Illegal for landlords to reject tenant based on criminal record

    If it means the landlord has a 95% chance of collecting rent vs an 65% chance then I would say that it makes perfect economic sense.  Employers are liable for an employee's acts if they are similiar to what they've been convicted of in the past.  So for example if an employee was convicted of...
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    Hidden Canyon in Irvine

    I think the biggest hurdle would be HOA approval.  Permits would be easy to get.  If I wanted everything a newer home has (CA room, large sliding glass doors, bathroom, kitchen, layout, no steps leading to living room, nice exterior, no ugly fireplaces, etc) I would just get a newer home. 
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    Westgate by Christopher Homes in Westminster

    In Westminster there aren't a lot of options to get a newer built home and these are SFR.  However these seem a little overpriced at 360-370 PPS.  The businesses nearby look like junkyards and the homes facing the freeway will definitely be too close to the freeway.  I'm sure all the homes will...
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    Decisions Decisions... Need Advice

    You should look at how many rentals are in Irvine.  There's like 500+ rentals.  Don't assume that it would be rented out for $3,000.  It might take a couple of months for it to be rented out and the tenants might move out after one year and then it'll be empty again.  There's also that liability...
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    Brexit?

    Brexit itself won't mean much as far as earnings.  The real fear is other strong economic EU members leaving and then countries like Greece, Spain, and Italy won't be able to sell bonds at low yields since the euro will be a weak currency plus no more bailouts.  You can see this with German 10yr...
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    Hidden Canyon in Irvine

    I think the same too.  There's not many view lots in Irvine compared to NC, LB, and NT. If your offers don't go through then you won't lose anything. If there's an older home that's cheap per sqft for the location then you can always remodel.  $100k turns most houses into something livable. ...
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    Hidden Canyon in Irvine

    The market isn't slowing down.  While there's anecdotes of this in the overall scheme of things home inventory is at historical lows in OC compared to the average for this time of year.  Have you checked Quail Hill?  Let's not forget the cost of upgrades and you can always make an offer.  All...
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    Irvine Blvd traffic bad?

    I would avoid buying a home that backs into Irvine Blvd in Eastwood unless there's a substantial discount.  Irvine Blvd is busy from Lake Forest to Tustin.  Jeffrey is less traffic but it still has a noise issue because cars travel at least 50-60 mph on those roads.  If they travel at 30mph you...
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    Irvine Blvd traffic bad?

    Yes Irvine Blvd traffic is bad.  Reasons are is that people drive fast and there's a lot of cars.  I read somewhere that homes backing a major street or highway go on average about 10% less per sqft than homes without road noise.  The sound will only get louder at night.  Can you hear anything...
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    Newer Irvine listings with crazy WTF asking prices from equity sellers

    I should ask if the home comes with a stick of dynamite. Wow look at this one in NB with a view of a private lake and next to back bay that sold for $464 sqft. https://www.redfin.com/CA/Newport-Beach/2209-Heather-Ln-92660/home/3566032
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    Number "114" or wait ?

    The number "4" is very significant.  In China most buildings don't even have a 4th floor, 14th floor, and 40-49 floor.  Most stock tickers in China don't even have the number 4.  Hospitals don't have rooms with "4" in it.  Buses and car models don't have 4.  Even when the olympics were in China...
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    Newer Irvine listings with crazy WTF asking prices from equity sellers

    Old house selling for $1.9mil.  Surprisingly it's not too far off the comps for lake views but I would never pay this much just for a view of the lake.  https://www.redfin.com/CA/Irvine/25-Beechwood-92604/home/4690896
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    Survey says Irvine among best in U.S. for Hispanic entrepreneurs

    I think that the data from the survey says that the best Hispanic entrepreneurs prefer Irvine.  How would Irvine magically churn out good entrepreneurs?  If someone makes a decent salary or runs a successful business then it's more likely that they'll live in a nicer neighborhood and bigger...
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    all cash home purchases

    I actually used to think that selling agents were bsing me when they said that they had multiple cash offers.  I heard that it's actually pretty easy to move the money out from Hong Kong since it's not illegal there.  Just imagine what will happen when Irvine is all developed.  FCB will have no...
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    Home sales

    I don't get that listing.  Can't people buy a brand new for less even after upgrades?  A Neighbor at a nearby street actually sold for a little less price per sqft but had tons of upgrades.  Personally I would not buy that house at that price. 
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    When Plot Plan Measurements Are Wrong...

    I've heard that if there's a wall between you and your neighbor that's on the boundary then you both have 50% of that wall.  They will probably have you sign a bunch of paperwork that limits their liability.  I would ask questions and read the fine print in any contracts.
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    Torrey at Beacon Park

    Exactly it is debt repayment when you take out a mortgage.  The interest rate is typically a little higher than the inflation forecast over the next 30 years.  If something catastrophic happens such as losing a job or business within 5 years of buying a home then you might not get all of your...
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    Eastwood is way over priced

    A kitchen sink view from an Eastwood model home.  Why people are paying so much maybe because the total effective tax rate is about 1.4% for Eastwood which is a less than the almost 2% in other communities.  I went to Eastwood this week and most had sold out models.  One didn't have a model...
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