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  1. 25w100k+_IHB

    What do the experts think?

    Regarding this design in tustin? <a href="http://www.redfin.com/CA/Santa-Ana/11542-Cielo-Pl-92705/home/4760452">http://www.redfin.com/CA/Santa-Ana/11542-Cielo-Pl-92705/home/4760452</a> Overpriced? A treasure? Somewhere in between?
  2. 25w100k+_IHB

    So I was gone for a while, and I bought a place...

    I decided to make this thread primarily to THANK IrvineRenter and the rest of the IHB community for creating such a great website, and really encouraging me to educate myself on real estate, the current market, how it relates to the economy, and the ins and outs of homebuying. I'm sure...
  3. 25w100k+_IHB

    Wow, crazed UFC fighter ends up in Tustin and arrested?

    <a href="http://www.ocregister.com/articles/police-wearing-beach-2310405-leopoldo-long">Kimo dressed as cop in Tustin</a> Thats insane! "Two plainclothes detectives at about 3 p.m. saw the 6-foot-3, 235-pound man wearing a Long Beach Police Department jumpsuit, the kind worn by...
  4. 25w100k+_IHB

    Floorplan Premium

    For you stats and number guys, have any of you found a significant premium being payed for more livable floorplans? I'm finding a lot of the condos I am looking at have a fair amount higher $sqft, but I also can see myself living in them, vs. the terrible floorplans some of them have. Any...
  5. 25w100k+_IHB

    Why is Mark to Market bad???

    Makes perfect sense to me. And isn't one fo the problems with the economy have to do with the fact that banks aren't writing bad mortgages down *enough*, yet now they want to get rid fo mark to market?
  6. 25w100k+_IHB

    What can one sale do to a neighborhood?

    As a lot of you know, I've been looking for a condo, so homes in woodbury have come up on my radar a lot. IR has profiled this very interesting property <a...
  7. 25w100k+_IHB

    Why do people want houses to appreciate in value when they own?

    Ok I've been here for a while but haven't figured it out completely.... assuming that renting isn't an option, or that with the tax benefits, you save more money owning vs renting....why does anyone want real estate to appreciate? Since RE is a leveraged move... if my small condo...
  8. 25w100k+_IHB

    Obama/McCain Tax Graphic

    <img src="http://outtheotherear.files.wordpress.com/2008/07/gr2008061200193.gif" alt="" /> I think its interesting. Personally, I'm all for taxing the super rich more, but 2.6 million seems a little low to begin the real raping. I think tax 'percentages' should be ammoritzed over a...
  9. 25w100k+_IHB

    My Comp Killer finally closed. Yay?

    Ok, so IPO's site shows 22 Daffodil finally (after what, 2+ months) closed at $366,000. Thats $272 a sq.ft for newer Oak Creek construction. This is good right? Will prices drop because of it, or will it just allow me to negotiate lower for similar properties? Or because of it being a...
  10. 25w100k+_IHB

    How much of a premium for location?

    As a lot of you know, I'm in the market for a 2/2 condo with the intention of living in it for a while, then renting it out. I'm realizing more and more that convenience is pretty important to me, so I'm looking at Irvine and Aliso mostly. My question to the rest of you knowledgable RE...
  11. 25w100k+_IHB

    Any reason to ever put down more then 20% How about now?

    So, here I am again asking the financial and RE gurus of the forum to dispense their wisdom on the issue.... There is a real possibility I might pick up a condo at the end of summer since we're finally hitting the point where its cheaper to buy then rent in some cities. Now, I don't...
  12. 25w100k+_IHB

    Should my parents HELOC their house?

    My dad always complains about paying too much taxes. The problem is, his mortgage is so piddly compared to his income. He has a 400k mortgage, and is sitting on I'd guess a million in equity. So is there a reason he shouldn't take out 400k, put it in mutual funds, try and make a...
  13. 25w100k+_IHB

    Will this Fall be brutal?

    Its interesting to try and guage the psychology of the market. I've noticed a lot of the homes i'm tracking have actually <i>raised</I> their prices lately, i'm assuming in anticipation of the summer 'buying frenzy'. The thing is, I don't think a summer buying frenzy is coming. Things...
  14. 25w100k+_IHB

    Short Sale Price Negotiation

    I'm once again seeking the wisdom of the RE gurus who frequent this forum. There are a lot of short sales that appear to be decent deals. From my understanding, a short sale is when a homeowner negotiates with the bank to sell their house for less then the value of their loan. Now, my...
  15. 25w100k+_IHB

    Why are so many people uptight on IHB?

    Seriously. Its the <I>internet</I> people. This is the least offensive forum i've ever seen by a factor of a thousand or so.
  16. 25w100k+_IHB

    Is it possible to get a 5.8 30 year fixed?

    With top tier credit and 20% down? I found a place I liked but I can't find cheap money! What do you guys think?
  17. 25w100k+_IHB

    40 year Mortgage?

    Have any of you guys heard of it, and is it a good idea? I like a house that will (hopefully) fall out of escrow (I know, not a great chance, but someone else jumped right away) so I decided to call my bank (octfcu) and get pre-approved for a loan. They tried selling me on a 'first time buyer'...
  18. 25w100k+_IHB

    Anyone going to *invest* in real estate once the bottom comes around?

    Since there is a lot of knowledge about Real Estate around here, I thought I'd ask if anyone is currently planning on investing in real estate once things become more affordable. I'll reiterate that I'm not talking about speculation, but about looking for cashflow positive places to...
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