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    Irvine Schools

    Is the reverse a recipe for lifelong happiness? You usually want whichever you failed to pursue. I have lots of friends who chose the other path; they were popular in high school, dropped out of college due to drinking and partying too much or immersing themselves in video games to find that...
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    Irvine Schools

    I agree with bkshopr's first post since I somewhat was raised in that environment. There is a book by a Jewish guy on how Jews are losing their competitiveness to fit in. The parents who force their children to attend all kinds of sporting events will have less competitive children...
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    Dow

    The UAE and Qatar said they will not match Fed cuts downwards. China is allowing greater foreign investment which probably is a precursor to more exchange flexibility. These countries have been pursuing absolutely crazy interest rate policies to maintain their dollar peg. In the UAE's case...
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    Advice on what Irvine neighborhoods to buy?

    Where are you moving from? Meeting that list is both very expensive and very risky. Is $1.3-1.8M a price point that is in your budget range? I would much prefer to rent than to buy at that kind of a wishing price. Sample Rental:http://orangecounty.craigslist.org/apa/401528545.html
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    Would you use a financial advisor?

    The financial planning community likes promoting solutions that are advantageous to them as alluded to in this thread. Favorite strategies: 1) Sell insurance policies -> More "assets under management." It is a bad idea in general to invest in whole life insurance but selling once you're...
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    IAC-Investor Property Walk

    They had charcoal in the basin of the tub then ran a metal pole as a makeshift spit from the overflow faceplate on the tub to the back of the tub then were manually rotating it with work gloves. Burly Hispanic guys are never what you're lacking =p Ventilation was by the small ceiling fan...
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    IAC-Investor Property Walk

    Nope but yeah I was definitely a tad surprised to say the least! Definitely a surreal moment in apartment inspection~~~ There is a saying in the apartment business you can tell the quality of the apartments by the parking lot though which is usually pretty close to accurate. When you have...
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    IAC-Investor Property Walk

    It's pretty common on purchase or lending of apartments to walk inside occupied units. You check for overcrowding and that the place isn't being trashed. One time on such a tour I saw a pig roasting in the bathtub!
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    "Just walking away"

    http://www.signonsandiego.com/uniontrib/20070821/news_1b21taxes.html<- or maybe you will be really unlucky like this gentleman.
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    Irvine Company Shopping Centers

    Pei Wei strikes me as exactly the type of restaurant that Irvine Company desires. It is a unit of PF Chang's, a successful concept. It has carefully spelled out site requirements and parking requirements, showing a national space plan. Sam Woo is a franchise so you would at best see the...
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    Car Advice

    Haha at my previous work there is a M3 convertible that is there literally all the time. Like Sunday 3 am it was there. I guess it's owner forgot about it? It has been there at least a year. BMWs are definitely expensive as they get up there in years/miles in maintenance. You can take...
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    T-minus ? until Countrywide goes under.. . .

    Countrywide must be practically braindead regardless. If they are doing 90% conforming they are basically just pocketing fees as a giant suitcase lender. All their innovation is worth about $0
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    Mortgage Q

    I chuckle that we are taking someone with above 85k income as a NINA but that if the pricing works go with it! Since F&F are buying and there is substantial equity the risk is low anyways.
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    Mortgage Q

    Yes it is really sold as agency paper.
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    Mortgage Q

    I am not in lending but at 50% LTV you still should be able to do a no doc loan with your partner's credit. I still see 70% LTV no doc conforming available from Indymac as of 8/17/07. Not sure if the rate will be more attractive than a foreign national loan from HSBC. Chevy Chase, or someone...
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    New Name

    Ack I might have been interested in applying. Anyone interested in hiring someone with a finance degree from a top 25 school? >.< I need something to do! I'm going through the interview process with a company but it is taking awhile due to people being on summer vacation etc.
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    Should I sell my house

    That data is from city-data.com.
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    Should I sell my house

    Just to show the 3x number is not fiction from a historical context here is three SoCal cities with high attractiveness to asians in 2000: Diamond Bar median household income (2000): $68,871 median house/condo price (2000): $245,800 Ratio: 3.56 Irvine median household...
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    Culture, Class, Community and Race in Irvine and Beyond

    Obviously there will be a price gradient in land prices between Orange County and the Inland Empire as commute distances are shorter and it is cooler. That said the current gradient in pricing is not sustainable. Prices of land will drop precipitously since builders are seeing more onerous...
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    The future of interest rates

    Okay in October of 1981 mortgage rates were 18.45% with 2.3 points per Freddie Mac: In January of 1987 the rate was 9.2% with 2.2 points Give or take interest expense was halfed in 6-7 years? http://www.freddiemac.com/pmms/pmms30.htm That obviously made homes substantially more...
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