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  1. PURPLEHAZE_IHB

    Tell us about your Hobbies

    Playing guitar, spirituality studies, volunteer work - help putting together a newsletter for a non-profit, jogging, rowing, hiking, biking.
  2. PURPLEHAZE_IHB

    Unhappy with Job

    Sejinro, As somebody who has consulted for government and non-government clients, I can tell you that working in non-profit/government environment requires a mental make over. The transition is not for everybody. Maybe you need to figure out what will make you happy and then hold yourself...
  3. PURPLEHAZE_IHB

    What's going into escrow - Irvine and maybe some Tustin too

    ipop, this is just a comparison of perspectives for me by the way. It seems like the day you will be able to comp out a deal you will buy. It is a different story for me. I do not want to pay more than what something is worth in the reasonableness sense. Some parameters of that...
  4. PURPLEHAZE_IHB

    What's going into escrow - Irvine and maybe some Tustin too

    IPOP said "Unfortunately it appears they still can. Guess we need to make more money somehow. " Ipop, are you fine with paying more than what something is worth(per your judgement)?
  5. PURPLEHAZE_IHB

    Woodbury 2005 home - list price $685000 sold on Jan 4 for $230934

    Kali, believe it or not. This is what my agent's research shows.
  6. PURPLEHAZE_IHB

    Woodbury 2005 home - list price $685000 sold on Jan 4 for $230934

    Sorry to burst your bubble ok ok, pun intended @bubble! :-) In 2005 the owners took out a mortgage for $616,000. The current value of the home is $850,000-ish. The owners negotiated a "Deed in Lieu of Foreclosure" with the lender for a buy out before they went bust. It seems that the...
  7. PURPLEHAZE_IHB

    Touring Irvine. Are these builders out of their mind? JUNK for $ 1 mil???

    This last weekend I went to some open houses in West Irvine. One realtor was shameless enough to say "You should try and buy the home now because lending standards are loose and you can still get a home with lower income". There is so much kool aid out there amongst realtors that it is...
  8. PURPLEHAZE_IHB

    Bernanke urges banks to forgive portions of mortgages

    I believe that these impractical solutions proposed by the Fed Reserve Chairman are AT BEST trial balloons to get a pulse on the market sentiment for forgiveness. What Ben is suggesting is now officilally in the arena of Desperation and do what it takes to save the homeowners. A principled...
  9. PURPLEHAZE_IHB

    The Current U.S. Recession and the Risks of a Systemic Financial Crisis

    LOL@ Scaring you to death:) Chill my man.
  10. PURPLEHAZE_IHB

    The Current U.S. Recession and the Risks of a Systemic Financial Crisis

    Nude, If you believe that delaying the inevitable i.e. the collapse of the banking system is a good strategy rather than letting the system self correct, then we definitely have a different perspective on how to deal with the problem. I would rather cut my losses today than suffer a systematic...
  11. PURPLEHAZE_IHB

    The Current U.S. Recession and the Risks of a Systemic Financial Crisis

    You are probably right awgee. I did not care as much for her advice as for the fact that tellers are getting quite familiar with people pulling out their money and looking for alternative means to invest.
  12. PURPLEHAZE_IHB

    The Current U.S. Recession and the Risks of a Systemic Financial Crisis

    So I went to the bank this morning and withdrew my CD money. The teller asked me if I was getting a better rate elsewhere. I responded that I was investing it in Non-CD investments. She said it was a smart idea to invest in precious metals these days with the dollar tumbling along with the CD...
  13. PURPLEHAZE_IHB

    First Vacation to Hawaii

    I am planning to travel during the Memorial day weekend. Would end of May be a good time to visit? Thanks folks!
  14. PURPLEHAZE_IHB

    First Vacation to Hawaii

    IrvinePerson, If I were to go to Maui, how many days is adequate to explore at a moderately leisure pace - 2/3/5days? Thanks!
  15. PURPLEHAZE_IHB

    First Vacation to Hawaii

    Thanks folks, I am reading your comments carefully.
  16. PURPLEHAZE_IHB

    First Vacation to Hawaii

    Alo-ha! Alright folks, I am tired of house hunting and need a vacation away from the Housing market :-) I am planning on my first vacation to Hawaii, yup never been there. So I thought I would hit you folks up - who have been there, done that. I am a nature loving kind and value the time away...
  17. PURPLEHAZE_IHB

    Recommendation on Pro-active, Well-connected Real Estate Agents

    Has anyone on this board worked with any of the big agents like Frank Agahi etc? Do they impose their own terms and conditions to deal with you versus the more 'humble', bull-dog agents? What makes them tick? Do they offer any advantage back to an individual seller or are they meant only for...
  18. PURPLEHAZE_IHB

    FORECLOSURE PREVENTION PLAN.....

    IR, The politicians have no realization about how much burden this proposal would put on the legal system or the investment required to install the required machinery. There is no efficient solution to this mess other than the garbage loans being cleaned from the system and the lenders taking...
  19. PURPLEHAZE_IHB

    What's going into escrow - Irvine and maybe some Tustin too

    I recently had a discussion with one of my colleagues who works part time as a real estate broker. I had not met him in 3 months and he looked a different person yesterday - very stressed and worried. On further inquiry he told me that he had just bought two new investment properties at deals...
  20. PURPLEHAZE_IHB

    Are we ever going to afford a house in OC?

    CM Dude, Hello from a fellow Costa Mesa-ite. Based on Professor Shiller's graph, I do not see prices returning to sane valuations here in California for a very long time. People have been drinking kool aid for a decade, so it is highly unreasonable for the kool aid to evaporate in a year's time...
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