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The 385 Broadway sellers came back 1 month after our negotiations fell apart and offered to take 1.16k. We said no thanks. They then lowered to 1.18. We called the realtor recently to see if they had lowered their expectations. Now they will take 1.15. There was a recent closed sale of a...

It is interesting. Not being from OC originally, I do not mentally assign a greater value to a Newport Beach address vs. Eastside CM, bu I know others do. The sellers of this property are trying to buy a fixer in Baycrest, which makes no sense to me. It is the same school district, same...

Are you saying that you could build a relatively high end property for 100-150/sq ft, or are you saying putting up a roof and 4 walls? Is this based on actual discussion with contractors or just speculation that construction costs have fallen?

Seriously? 625k? It is basically a new custom home for around the construction cost. That would mean the land was free. I think you are way pessimistic. You will be lucky if you can find a tear down for 500k in Mariners district but then you need to build.

http://www.redfin.com/CA/Costa-Mesa/385-Broadway-92627/home/3557402 Will you Costa Mesa experts give me your honest assessment of this one. It was a mostly new construction in 2005 (they left a couple of the original walls of a cottage like structure and rebuilt, on a small lot in Mariners...

Regarding superjumbo loans, I spoke with my mortgage broker and she indicated that there will be some federal goverment manipulation of the superjumbo market on the way in the next 2-4 weeks. Has anyone heard anything regarding Fannie/Freddie buying superjumbo?

http://www.redfin.com/CA/Huntington-Beach/8042-Goleta-Point-Dr-92646/unit-37/home/5886880 While we are chatting about HB, can anyone give their thoughts on this house? It is in a small gated community (Beachwalk) at the corner of Beach and Atlanta, and it is scheduled for auction in 2...

If you need any info about Seabridge feel free to p.m. me. It is a great community, although the HOAs have gotten pretty hefty. But at least the HOA buys you 4 pools, 4 tennis courts, raquet ball, dog park, and a guard gate. If you are into those things then the premium may make sense for...

Be thankful that you are seeing only seeing a 20 dollar increase.

You really have a hard time believing that Corona Del Mar still demands more than 300K for a condo? Believe it or not, people are still looking to buy in nice areas, and as there are few affordable options in CDM there is no reason to think that these will not sell at a higher price point...

Unbelievable. I just read the post where he talks about his Quail Hill townhome that is totally paid off, and he is thinking about taking a mortgage so that he can remove equity to invest in money markets and gold. Are you kidding me?

I received a message today from a mortgage broker stating that the jumbo conforming limit would be increasing back to 729K as part of the financial stimulus package. Is this true?

I concur regarding Dennis J. I like him as well.

No way in hell that those go as low as 300K. It would be nice though. Assuming that the 2 beds are around 1200 sq ft, and that there is absolutely nothing in CDM for less than 500/sq ft, much less 200+/sq ft. If you get one under 500K for a new condo I would be very surprised, depression or...

For primary care, try Jocelyn Won in Newport Beach (Family Practice), or Richard Patragnoni (Internal Medicine), also in Newport Beach. Both are great. Another option who is also great is John LaLonde (Family Practice) at the Newport Medical and Wellness Center in Costa Mesa.

Unfortunately, this scenario really has nothing to do with HMO/PPO but with the clinician and a poor clinical decision. If this clinician did not consider checking liver function tests for your relative's abdominal pain, and missed the signs of hepatitis, it is unfortunate. But this really can...

http://huntingtonhomes.freedomblogging.com/2009/01/25/5-bedroom-surf-city-house-prompts-bidding-war/15872/ To revive a dead thread... the crazy offer-fest for this place got picked up last week by the Register. According to this article, we were one of the top 10 offers, although we...

Quite possible. The listing agent must be pissed for letting so many offers through. I can't imagine how much paper he had to feed his fax machine to receive all 52 offers.

Graphix, thanks for looking into the pending foreclosures in this neighborhood. There aren't very many homes in the tract, and only 1-2 sold per year, even at the peak. That being said, I imagine that many of the peak purchases are in trouble. We are not emotionally attached to this tract. I...