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http://www.redfin.com/CA/Irvine/2108-Scholarship-92612/home/12415994 This one just broke the trend for Avenue One. All of the other condos are 300k+ as you guys have noted already. This one is listed as a short sale, just hit the market today for $249,500. Assuming this rents for...

I love Anjin also. I actually would put my name down and do a quick shopping run at South Coast and come back in an hour in time to get seated :P

someone forgot a 0 somewhere? this home seems more likely to sell for 2M than 295k

Heh. I actually did google up those things :P Just couldn't figure out what RNT stood for. The other two are easily searchable... Edit: I'm guessing that stands for Assignment of Rent... "Assignment of rent means redirection of rental income from the mortgage property to the lender...

I did a lookup on the oc recorder site and the loans are there. Problem is I don't know what Grant Deed, Trust Deed or Assignment RNT mean.

To be fair though, the last purchase is probably more "affordable" than the previous one. The current owners did indicate that they bought the home from the bank and it was a foreclosed home (guessing that 2006 purchaser is the one that is the dumbass and the 2007 sell is the bank possessed...

Can you tell me the information about this house? http://www.redfin.com/stingray/do/printable-property?external_id=5887703 I recall you writing something about this home in the blog. Why I care now is because my parents are thinking of renting from the people who last bought this...

I always read the homes on this blog saying this home had 0 down or 100k down, or he took out this HELOC or that HELOC. What is the source of all that information?

I've been to Maui, Oahu, and the Big Island. Going to Kauai later this year. Anyways of the ones I visited Maui is my favorite. Oahu (and waikiki/honolulu) just feels like you are still back at home almost albeit with nicer weather. The city life robs all of the classic Hawaiian charm. Maui...

Hm... the math then says that if you have $800k equity gain, and you cash out from it you'll take home 500,000 + 300,000 * 0.85 = 755000. That's not that much in taxes and property values will most definately fall more than just 45k for a 800k home. However they can't take advantage of prop...

They are eligible for Prop 90, that's why they are considering doing this. I am the one that lived in Irvine for the past 3 years after graduating from college, and my parents somehow followed me. I remember something about the 500k equity gain rule, except their property has more than...

I know everyone here pretty much says it's not the time to be buying a home and to wait a year or two when the prices comes down. However, my parents insist on buying a home now and there's not much I can do to stop them but to try to give them good advice. First of all, are all those...

20mph will definately not work. It is designed for people to barrel down the roads at 50mph+. Having a 20mph will make it take so long to go anywhere. There is so much things compacted in 1 sq mile in city of london but 1 square mile of irvine contains absolutely nothing ;P

I'm pretty hardcore. I'm using a mixture of 4 credit cards to maximize my cash back savings. I always pay in full and set aside money I spend to pay these credit cards so it's just like using cash. Only difference is that I'm averaging about 3-3.5% overall on cash back.

Affordable to who? Multimillionaires? ;)

Funny... I grew up in the Bay Area. I'm a Software Engineer working in Irvine right now. There is obviously more jobs in my field in northern california in the form of the Ciscos and Intels and Googles that you listed but that doesn't mean there's aren't other high paying jobs down here. In the...

The average rent in Irvine is closer to $2000 than $1500

Money Market Accounts are usually FDIC insured by the bank. Money Market Funds are usually NOT FDIC insured.

I do take vacations. I visited my hometown in Chicago on one trip and my old high school buddies who moved and is working in NYC and spent a week exploring the east coast of america, going down from NYC to philly to washington DC for another trip. I already have a vacation planned out, going to...

I was a regular anonymous reader of IHB and these forums, just registered after reading this because well I'm a 24 year old computer engineer living in Irvine. I figured most of these people were much older/wiser than me so I'd just anonymously read their sage advice but seems like there's...