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    2 Kansas

    Thank you, you are very sweet... we might need to meet first, before you can introduce me to other people ;-). I agree with what you said about the house, though for us the floor plan really works. We really liked the layout, the spaciousness, and the back yard.
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    2 Kansas

    Ipop, this property is not bank owned. After being a short sale for a short while, it was purchased in auction a month ago by two private investors (AKA: flippers) for 725K I believe. It was relisted by an agent named Becky Tewell from Century 21. We submitted an offer for 800K on this...
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    2 Kansas

    Well, I know for a fact there have been other offers, greater than 750K on that house, yet it is still on the market... I agree though that having only 3 bedrooms in such a big house is problematic. Regarding Kansas, indeed, there are some greater fools than you ;-)
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    2 Kansas

    Ipop, I don't think you can buy the house in Arizona for 775K. They wouldn't sell it for that. Considering they got it for 725K or so and they still have to pay realtors, they would expect to get more for it. As for the house in Kansas, I've seen it. It's cute, but it is way over-priced. I...
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    Worst housing markets in 2009

    Oops.... sorry, I guess I missed that.
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    Worst housing markets in 2009

    http://money.cnn.com/galleries/2008/fortune/0812/gallery.worst_markets.fortune/6.html Santa-Ana-Tustin-Irvine is expecting to drop 22% in 2009. That's $176K on a $800K home.
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    Below rental parity where I am renting

    Thanks for the clarification IPO, I guess our basic assumptions were a little different. Keep us posted on what you eventually decide to do :-)
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    Below rental parity where I am renting

    I've used Ipop's numbers. 4.75% interest, $360K down. You're welcome to try it yourself ;-)
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    Below rental parity where I am renting

    As a matter of fact, when I put your numbers into the IHB calculator's view, the result came back at $4,406. It seems that you're off by about $1000, unless there is something I missed. By the way, what is a J/C loan?
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    Below rental parity where I am renting

    Rental parity on a $800K renting at $3400 sounds too good to be true. The buy/rent ratio is 235 months (or 19.6 years). Can you please provide more details on your calculation? Thanks!
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    How much is your rent for your private rental?

    Renting a 4-bdr plus a loft, but with no family room - just a great room, 2150 sqf in Haravard Square for $3200 since July 2007. It is in its original state, about 10 years old.
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    Buying new construction from a builder - a couple of questions

    We are considering buying a new home from a builder. We visited the site over the weekend and saw a house that is already built but the price seems too high for us. Here are my questions: 1. Is it advisable to bring a realtor to negotiate for me? If I signed in during the visit, does that...
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    What's going into escrow - Irvine and maybe some Tustin too

    Regarding 7 Andalucia: we put a bid on this house on the first day it got on the market, and the realtor told our realtor they already had 13 offers on the house. They notified us 5 days later that our offer wasn't accepted. I don't know what it was shown on the MLS as active when it really...
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    So what will you buy and how much will you spend when it's your time to buy???

    We would like a 4 bedroom, 2 or 3 bath, at least 2300 sqf, but preferably around 2600 or so, in one of the following areas: Northwood Pointe, Northpark, Northwood, Westpark, or Oakcreek, with a nice sized yard. We're hoping to pay around 700K if it is in a move-in condition, or less than 600K if...
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    What's going into escrow - Irvine and maybe some Tustin too

    I believe he manually updates it... :-)
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    I think I've just been seriously misleaded by a realtor

    Thank you IrvineRealtor and everyone else. I certainly have learned my lesson. Thanks!
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    I think I've just been seriously misleaded by a realtor

    The agreement we have signed with her was a "CAR form disclosure regarding real estate agency relationship". Considering this, isn't it enough to just tear it apart? Do you think I still need to ask for a cancellation of contract agreement? I find it hard to believe she will agree to sign such...
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    I think I've just been seriously misleaded by a realtor

    We went to see her this afternoon. She was very apologetic and said she has been mislead by the Bank who was selling the property. They told her it's going to be her listing, and went ahead and gave it to someone else. She said her reputation is very important to her, and I think she was trying...
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    I think I've just been seriously misleaded by a realtor

    Thank you everybody. I do have the recording of their phone message from yesterday, saying that the wife is handling the listing. I am keeping that. I did send them en email yesterday, asking for a clarification about how come the listing is in the MLS although they told me it's not going to...
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    I think I've just been seriously misleaded by a realtor

    Thank you all for your advice. I will keep you posted. :-)
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