Bloodbath in Coto de Caza

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You think Jeana and Vicki will still be buds after Vicki figures out that not only can she not get the $1,650,000 that she paid, but she can't even get enough to cover her loan?
 
You think Jeana and Vicki will still be buds after Vicki figures out that not only can she not get the $1,650,000 that she paid, but she can’t even get enough to cover her loan?
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Do we know how much of a downpayment she put down and how much she borrowed to purchase the house?
 
Maybe she'll give it the blonde 40 year old realtor and she'll sale it! ooo season 4 drama!

I didn't seeany of season 3 with Tamra. I just saw pictures of her. So I am not sure who I would root for.
 
$1,320,000 first + $165,000 second, both with Countrywide.

Edited to add: I have seen about 30 seconds of that show and decided I'd rather not watch any more. But if it were LOST...
 
Thanks IR2. You are a wealth of fun info.

My estimation puts her monthly P&Iat about $9000 and taxes at $1500 for a total of $10500 plus maintenance and insurance, etc.

Calgal - What do you think you could rent 2 Altimira for? $4500 - $4800?

Yup, that is one heck of a negative cash flow on a DEPRECIATING asset.
 
Calgal - What do you think you could rent 2 Altimira for? $4500 - $4800?
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Awgee - I think you are right on the numbers with $4500 - $4800. I've been tracking Coto leases and they've been around $1.18 - $1.55 per sq ft (depending on view, etc). Even rental amounts are going down. Plus it's been taking about 3-4 months to lease properties, so you can imagine the vacancy time is hurting them.

8 Birkdale just leased for $3,800 ($1.18/sq ft). - 3210 sq ft, 5 br, 4 bath. They were trying to sell it, but I guess they figured they needed to rent it out before they handed the keys over to the bank.

P.S. Have you been to Ruby's lately? Vicki's new office is right next door.

Edited: THANKS, IR2. YOU ROCK! And we are a Lost household as well! It's a Tivo Fav.
 
I too am a Lost and TiVo fan. Just an alert for you others, I noticed that my TiVo was not going to record the season finale next week. :bug: The episode looks like it has the same name as the previous one, so I think the Tivo thought it already recorded it. Missing the finale? -- the horror!
 
We go to Rubys alot, but I did not know that Ms. Vicki’s office was close.
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Yeah, you almost have to walk right past her office to get into Ruby's. It looks like she rented space from a real estate company. We just fell upon it by accident.
 
CalGal said:
We go to Rubys alot, but I did not know that Ms. Vicki’s office was close.
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Yeah, you almost have to walk right past her office to get into Ruby's. It looks like she rented space from a real estate company. We just fell upon it by accident.
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What does the sign say? I am overcome with celebrity worship.
 
Now that she's working so close to Ruby's it will be convenient for her to get a second job at the Diner. She's going to need some extra income to write that check at the closing since she'll be underwater.
 
Who cares about Vicki? She certainly doesn’t care about anyone else.
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We don't care - she's just another knife catcher trying to sell her overpriced house in this declining market. We just want to see how much she'll lose on her "investment."
 
Home sells for $19.5 million in Coto de Caza

Price is record for the gated community.

By MARK EADES

STAFF WRITER

A home in the Los Ranchos Estates section of Coto de Caza sold for $19.5 million last week.

The 15,000-square-foot home sits on a 9.6-acre lot with views of the Santa Ana Mountains and Coto de Caza.

According to listing information, the custom built two-story home on Violeta Lane in the gated community has 7 bedrooms, 12 bathrooms and a 10-car garage.

The architecture style of the house is Tuscan. The house comes with stables, a tennis court, pool house, wine cellar, theater, billiards room, 2,000-square-foot master bedroom suite, two kitchens and an outdoor kitchen.
 
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