A Message to all in the Irvine Housing Blog:

  • Thread starter Thread starter hwerghdg_IHB
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NEW -> Contingent Buyer Assistance Program
I did not knowingly put people into homes they could not afford. I was in wholesale, with a relatively conservative lender. You should apologize.
 
that stmt alone is the most intellectually dishonest thing said here so far. i guess only if you were working at say ameriquest and dealing with subprime clients were you actually involved in the business of putting people into homes they couldn't afford. so if you're somewhere up along the chain then that makes you blameless for profiting from a situation that was obviously going to blow up. by that logic i'm puzzled why people are so pissed at wall street, the SEC, congress, and the bush administration. they must be hundreds of degrees of separation from the problem.



i think everyone here knows the difference between guys like IR2 and sell4u, and yourself. does anyone, other than yourself, not understand?
 
Look, the way I see it, is anyone who bought a house in the last 8 years and overpaid screwed me over by pricing me out. So, Fuck you all, and I'm going to be hoping for housing prices to <em>tank</em> and I'll love every minute of it.



(I'm not actually angry, lots of friends bought property. But if I'm short on a stock and your long, you bet your ass i'm not going to feel sorry for you)
 
You (acpme) need your head examined. Seriously. And there is NO difference between me and the people you mention.
 
[quote author="24inIrvine" date=1229741673][quote author="Janet" date=1229741049]I'll assume that is accurate, despite the conflict in MLS. So, a four month old comp exists at $765,000.



For the record, I believe that 78 will sell at $650,000.</blockquote>


Can I ask why? Is 21 a better property? I haven't seen the pictures of the inside so I am really asking.



I would think they could get closer to 700k or even slightly higher if they got 21 juneberry for 765k in August unless its a weaker property.</blockquote>


It's not going to go for over $700K because you can buy this today in VoC for probably $815K:



<img src="http://i-0.rfimg.us/photo/46/bigphoto/085/P666085_0.jpg" alt="" />



or this one in VoC for perhaps $775K:



<img src="http://i-0.rfimg.us/photo/46/bigphoto/605/M109605_0.jpg" alt="" />



The fool that bought 21 Juneberry this summer for $765K is down more than the fool that bought 21 Juneberry in December 2007 for $800K... After commissions, they would probably have a $100K loss in less than six months. We'll probably see them as a walk away or foreclosure next year.
 
[quote author="GOTTI" date=1229744489][quote author="25w100k+" date=1229744392]So, Fuck you all...</blockquote>


It's a date!</blockquote>


Hopefully you know i'm being facetious, and not actually *angry*. I just think that if people are going to root for and want house prices to appreciate when they own and I don't, theres nothing wrong with me wanting house prices to crash when I don't too.
 
[quote author="25w100k+" date=1229752979][quote author="GOTTI" date=1229744489][quote author="25w100k+" date=1229744392]So, Fuck you all...</blockquote>


It's a date!</blockquote>


Hopefully you know i'm being facetious, and not actually *angry*. I just think that if people are going to root for and want house prices to appreciate when they own and I don't, theres nothing wrong with me wanting house prices to crash when I don't too.</blockquote>


It's ok... Angry is good... I like the fact that I'm not the only one with a Gotti mouth. Besides, it was a good post.
 
[quote author="ipoplaya" date=1229682835]

Columbus Grove is not a nice neighborhood. I tried to convince myself that it was, but deep down, I knew better... There are some nice floorplans and some generous lots, but it's a relatively small enclave of homes slammed between some major streets, an industrial area, and the train tracks. CG is a value neighborhood that commanded premium neighborhood prices because of the bubble. As a result, it has and will fall harder than much of Irvine. The price declines on resales in the Alexandria tract have been enormous. While not VoC, Tustin Field is getting destroyed as well. Westbourne and Madison properties but post ugly declines in 2009 I suspect as those that bought 1-1.5 years ago get further and further under water.</blockquote>


A timely example of CG falling hard just popped through today. <a href="http://www.zillow.com/homedetails/16613-Sonora-St-Tustin-CA-92782/69248040_zpid/">This big Westbourne place</a>, sold for almost $1.3M at the end of 2006, just closed for $908K.



Betcha those people who paid $700K+ for Kensington condos recently are loving that closing price.
 
Do I dare jump in here? Yeah I will...



Here is what I'm thinking...



Anybody want to go out for dinner and celebrate life? I also got about 3 bottles of fine wine from my CEO, Sr. VP and Director to bring...My wife can't drink, so...



I bet with a few glasses of wine even Janet can be happy...
 
[quote author="Janet" date=1229740529]You consider her pasting her comment in two places at (essentially) the same time, "two reprimands". That is shockingly dishonest of you. Your original implication was that I did not obey and had to be told twice, which is a blatant lie. You could apologize, but I know you won't.</blockquote>


My original implication is that you are a bold faced liar.
 
<blockquote>You are all a pack of jackals, looking to line your pockets with the flesh of responsible homeowners everywhere, ignorant of the pain your ilk causes. I don?t know how you leeches live with yourselves. There is the innocent blood on the hands of all you vile voyeuristic scum.



Karma will get you.</blockquote>


Damn, "Who let the dogs out?". Who,Who, Who.



I haven't checked in for a few days and this thread went wild. I think it may have disrupted my harmony clear up on my mountain top in Arizona. I felt the bad vibes!!



Enjoy!
 
[quote author="Janet" date=1229743112]I did not knowingly put people into homes they could not afford. I was in wholesale, with a relatively conservative lender. You should apologize.</blockquote>


You were at Barrington Capital (Page 13)



<a href="http://www.ocaor.com/ocbrjune06 (1).pdf">http://www.ocaor.com/ocbrjune06 (1).pdf</a>



You were at Windsor Capital (post 89)



<a href="http://forums.redfin.com/rf/board/message?board.id=LA_OC&thread;.id=75&page=9">http://forums.redfin.com/rf/board/message?board.id=LA_OC&thread;.id=75&page=9</a>



You were at Coldwell Banker:



<a href="http://realtyagentsportal.com/local/4/156556/California">http://realtyagentsportal.com/local/4/156556/California</a>



People who work wholesale don't ususally shill as "Honest Broker" and get headshots in industry rags, but get down with your bad self! Never let the FACTS get in the way of you LIE.
 
[quote author="no_vaseline" date=1229773322]



People who work wholesale don't ususally shill as "Honest Broker" and get headshots in industry rags, but get down with your bad self! Never let the FACTS get in the way of you LIE.</blockquote>


Owwww... i ate too much and have to pee from laughing so hard!



-bix
 
You have proved diddly-squat. Most people who have active licenses hang them with various organizations even when they are not using them. In fact, you can (and should) keep your license hung somewhere even for your own personal use (as I did with CB). You have zero evidence of, well, anything! And even if you did, which you don't, why is that an issue? This isn't child molestation we are talking about here, it is a profession with knowledge (which I shared here many times) and skills that many people want and (desperately) need. Your emotional Tourette Syndrome outburts are laughable! Lest you forget: I posted from day 1 under my real name (something that will never, ever be possible for you). Notice the 634 posts under "Janet"? It wasn't until I found out there are unstable people on the interweb who can, and will, terrorize you that I decided to be (more) anonymous! Notice how you don't scare me any more? Thank you for that. You have nothing left in your arsenal.
 
Janet - What's your take on the closing price for 16613 Sonora? It's something like $235 per sf? Is it a fluke or new market reality for Columbus Grove?
 
IPO, the adjustment in SFR prices in Columbus Grove is old news. They were overpriced, and experienced most of their drop in 2006. In 2006, Lantana had already dropped 20%. Sonora is a large home, thus you see a low psf due to economy of scale. It went for $908,000. I haven't seen what's in it. I know you hate CG, but many people like it. I know you think a townhome is a crappy choice, but many people like them. I love not having to care for a yard, after my last home, it is a relief. It is a lifestyle choice, just not yours.
 
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