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Location will bite you later.  If you aren't getting detached I'd strongly advise against it.  Paying that kinda money for attached is absurd.  Like qwerty said, buying right now isn't a investment, and lord know how long if ever you will see the money back.  I side with IndieDev on the notion...

This is correct.  Only other way out is a refi.  FHA is 20% or 5 years whichever comes second.

Yeah, some buyers are just not that right in the head...

ARMs are cheaper and rates probably aren't going up soon enough to make it more in the favour of fixed rate anytime soon.  Housing will have to recover a lot before rates will really jump.

Only 12k?  My, aren't they hopeful...

Good job, would you have wanted to pay over 680k for it?  I think not.

Some are, but in these days that isn't the majourity.  My dislike for apartment communities is based simply on noise which in general will be more as you have more people packed into the area.  There is the possibly you buy a home and the neighbors party until 2am every night I guess.

Well, iPac is a special set of jag-offs, typically you'll have the most power on a 30 day move.  It is usually because it is a home that has been sitting around completed and they are just losing money at that point.  Builders have more info on what is selling around them than they let on and...

Maybe he has 20/20 hearing, or whatever the actual term is.  Though it is more likely he is just hearing the neighbors.  Isn't San Mateo the one right nest to the apartments?

When I was there a few months ago I think the price on that Res 2 was over 700.  Also, I think they will nego price a lot to sell off if you are actually looking to buy.  Should be able to knock of 20~30K if you start signing papers.  On the other hand, don't buy there it is next to the 133 and...

Simple, you'd end up with the bubonz...

http://en.wikipedia.org/wiki/Lost_Decade_%28Japan%29 Maybe it is just me, but that reads a lot like what the US has been doing...

Well, it was approved several years ago before the housing bubble burst.  The person probably still got fired, but it was a different game then at least.

Yeah, there is a reason this place has been under construction so long, because it isn't worth buying there.  Though I like Lennar's key-less entry.

I dunno, it looks like a great buy to me.  If I were looking to film a :Girls Gone Wild: Irvine Edition" that is.

See, mine was something that could/will actually happen.

Or wait for the recession to kick off and cause prices to plummet.  Go Europe, we're all counting on you!

Not certain I agree with this statement.  I see for more asain guys with busted asian wifes that I see white guys.  Then again, maybe my opinion of what is busted and what isn't is different?  Then again, I've only ever dated in the 7+ range and my friends are similar.  You know, save that one...

I dunno, the pics make the place feel out of reach...

How could that possibly be effective?  Smoke (hot air) rises, so I can't see it being real useful.  I need a hood with the amount of cooking I do.  It is a big requirement of mine even, a microwave with a vent won't do either.  I guess people who don't cook might not care though.