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  1. Raymond

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    There are actually mortgage programs designed for two people sharing the same property. Looking at my website, ShadyCanyonHomes.com, looks like this is the highest priced property in Shady Canyon at this time.
  2. Raymond

    New Listing - Silverleaf detached condo @ Portola Springs (108 Excursion)

    You could place your new listings on the Broker Preview list for Irvine @usctrojancpa and introduce them to the local Realtors. Meetings are held at Lampost Pizza (Walnut and Culver) on Wednesdays at 9am. It's worthwhile exposure and a friendly environment.
  3. Raymond

    Best Stocks for Next 10 years

    Hawaiian Electric (HE)
  4. Raymond

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    We can't determine if it's a SFR, condo or townhome by its appearance - we have to look at how Title is held to determine the property type. This property is titled as a Condo, thus the reason for being listed as a detached condo.
  5. Raymond

    How far away from train track is good?

    I live in Orangetree, next to Irvine Valley College, and leave my bedroom window open so I can hear the train ... I love hearing it pass by. To me it's soothing.
  6. Raymond

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    If they're not willing to pay the standard commission for their homes sale, it's highly unlikely they'd be willing to buy the rate down. And this is just the first challenge. What's going to happen when it comes time to negotiate repairs?
  7. Raymond

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    First time I've seen anything like that ... but everything in Real Estate is negotiable - I have a feeling this one will be on the market a while.
  8. Raymond

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    That's not what it means. When you see something like "Buyer Agency Compensation 2.500" or "Buyers Agent Commission 2.5%" it means the Selling Agent (the Agent representing the Buyer) will receive 2.5% of the sales price - paid from the Seller's proceeds.
  9. Raymond

    chess in schools and clubs

    Chess in Irvine - https://www.cityofirvine.org/search/node/chess
  10. Raymond

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    Yep - I'm wondering how Redfin received the listing information since they're not published in the MLS
  11. Raymond

    Recommendation of resale home inspectors in Ontario

    I recommend Cindy and Steve Luckett. Their primary service area is Orange County but they'll do Ontario too - www.hometeam.com/southwest-oc
  12. Raymond

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    A Salesperson or Broker can create their own team(s) and determine the percentage of the commission they keep - there's lots of ways to create/design teams and commission splits. Normally, creating a team means you have a marketing strategy that brings in new business, thus the reason for...
  13. Raymond

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    The listing price has nothing to do with the brokerage - Keller Williams - it's all about the listing Agent ... the Agent is the one that determines selling price. This listing Agent, Rui Dai, does reasonable business in Orchard Hills. If it's priced too high it'll be a waste of their time and...
  14. Raymond

    Buying mortgage rates

    Property's not occupied by borrower's are considered more risky so Investors offset the risk with a higher interest rate.
  15. Raymond

    4151 Loma St - Why did this house sell for cheap?

    Sometimes properties are listed a bit under market value to create a multiple offer environment with the objective of selecting the best offer above the listed price. Sometimes it works, sometimes it doesn't. This property sold in 4 days above the listed price, so I'm guessing that's what...
  16. Raymond

    Which one would you choose and why?

    Have you checked out Turtle Rock? It's my favorite Village in Irvine.
  17. Raymond

    Beachfront purchase

    I don't think Oceanside will depreciate independently of the surrounding area. If everything around Oceanside goes down, so will Oceanside. If everything around Oceanside goes up, so will Oceanside.
  18. Raymond

    What parts of Tustin are safe vs less safe?

    I recommend asking some Tustin Police Officers which areas of Tustin they'd choose to live in if they were moving their family there ... they know better than anyone else.
  19. Raymond

    Sudden sky high prices & no inventory of rental homes?

    There's crime everywhere, even Irvine - there's just less crime here. Stay safe.
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