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Did you see range price $1.15m to $1.2m from Redfin? If you think the house can sell for $1.1m, are you going to list it at $1.1m? No! Buyers want to bargain and you need to give yourself a wiggling room. You just purchased a house. Did you pay full listing price?  Are you going to buy me a nice...

Why do you have to be so mean in public forum even though you can do it anonymously? Do you understand pricing strategy? My friend is way smarter than you. $2m cash he paid for his newport coast house is more than you can save in your life time. You are just a whining loser here hoping that...

Why do you think it's a flip? Are you considering all people selling houses within two years flippers? Average American family stay in a house for less than 5 years. People change house for all kinds of reasons such as job relocation, divoice, career advancement, etc. Many people in this forum...

The buyer for 59 Grandview is not a foreign asian sucker. He was a white investment banker that worked for Citi Bank in the past. You are so biased in your mind.

Well, this house should sell for $3m.  59 Grandview (http://www.redfin.com/CA/Irvine/59-Grandview-92603/home/5927989) sold for $2.915m last Nov for all cash and there were a few interested buyers. Even with the same price, not everyone prefers to live in Newport or Laguna. As an Asian, I am...

Hi, I was in the same boat like you. I started to look for a house in either Vicara of Quail Hill or Turtle Ridge from last August. I will close the escrow on a short sale house in Turtle Ridge next week. I want to share some of my observations with you. 1. QH/TR is booming these days and...

$790K is the foreclosure price. Bank is the owner and wants to sell for $785k.

That's the right way to search. But the actual documents are not available from the internet. To see the actual documents, I went to county Clerk-Recorder's office in Santa Ana. The search interface in the computers over there is similar to the interface from the URL you use. You can see digital...

I have another business. I only go to the courthouse if I find something interesting, which means I am confident of the value. My scope is limited to SFR in Irvine so there are many gems that I can't uncover. I will go to county recorder office first to make sure the property has a clean record...

PM me your requirements. I will keep an eye on foreclosure properties. If I see a fit, we can discuss with your realtor to see whether the value is right.

I have been living in Irvine for fifteen years and is quite familiar with Irvine market. I bought one trustee sale last year and it's sold. I bought one short sale recently and will put it on the market within one week. I am more familiar with SFR and evaluate them based on comps. I will stay...

I am not a realtor. Just start to buy trustee sales as a side business. If you are interested, let me know. Basically, I will add 8% to the trustee sales price and sell to you. 8% includes around 2% escrow fees, title fees, holding cost such as taxes, HOA, etc. The real margin will be around 6%...

By the way, almost all Chinese FCB have no student loans. Most come here with full scholarship. In additional, foreign students won't qualify for studuent loans in the US. Even for couples earn $200k/yr, most like to drive Japanese cars like Toyota, Honda or low end Luxus from 5+ yrs. The cars...

I am a Chinease immigrant. From my experience, there is a lot misinformation about Foreign Cash Buyers, especially Chinese Cash Buyers. Most of Chinese buyers like me came to the US to study, got a job and stayed here. We are highly educated with M.S. or Ph.D. degrees from the US in engineering...