no_vaseline_IHB
New member
graphrix said:
Slums of the OPA? I wasn't aware there was a bad street in that neighborhood, but in fairness, I never looked at the stuff in that corner near Santiago very closely. Exactly what's wrong with it?
Real Housewives of OC update
- Thread starter xsocal land merchant_IHB
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NEW -> Contingent Buyer Assistance Program
Slums of the OPA? I wasn't aware there was a bad street in that neighborhood, but in fairness, I never looked at the stuff in that corner near Santiago very closely. Exactly what's wrong with it?
I don't know the neighborhood or the Orange market, but at least the renovations were done nicely (or at least it seems in the pic).
I wouldn't call it slums of OPA, but that area is the complete opposite of what most of OPA is. Small lots with small houses. The homes are older, and not that well kept. The house that uber investor built sticks out like a sore thumb. You turn the corner and say, "There it is!". Just a dumb move, and not very well thought out. And... if he is hurting for work, then you know the construction is garbage, no matter how much the paint fumes make you think otherwise.
He didn't buy at the auction, he bought it from the owner directly. Torn it down, and built this place. Even if he was able to get it down $100 a sqft. (that is really pushing it for a small contractor, and judging by the materials in the pics it is almost impossible), he would need to get $680k just to break even after he pays RE commissions. I don't think he will get $680k, and I'd be surprised if he gets much over $600k.
I didn't catch that. I would have to double check the dates on it, and also check the MLS. Maybe later I will, but it looks like you are right, he bought it from the original builder that was in distress. Could be a better move than I expected.
Dammit. For a second there I thought you were talking about a double-wide.
Back to the waiting game I guess.
Slums of the OPA? I wasn't aware there was a bad street in that neighborhood, but in fairness, I never looked at the stuff in that corner near Santiago very closely. Exactly what's wrong with it?
JLegend_IHB
New member
graphrix said:
I don't know the neighborhood or the Orange market, but at least the renovations were done nicely (or at least it seems in the pic).
justmememe_IHB
New member
The other houses on the same street as the Frank Ln property sold in the 400k range and other homes on nearby streets sold for 390k or so. That house would seem too upscale for the area. Also, I heard that the Bellinos were struggling monetarily at the moment and renting a place. Nothing wrong with renting, but I'd expect them to own with their reported wealth.
graphrix_IHB
New member
no_vaseline said:
I wouldn't call it slums of OPA, but that area is the complete opposite of what most of OPA is. Small lots with small houses. The homes are older, and not that well kept. The house that uber investor built sticks out like a sore thumb. You turn the corner and say, "There it is!". Just a dumb move, and not very well thought out. And... if he is hurting for work, then you know the construction is garbage, no matter how much the paint fumes make you think otherwise.
xoneinax_IHB
New member
Did he buy it at auction for $421,500 on 6/25/09 ? If so, you dont think he will get at least that out of it ?graphrix said:
graphrix_IHB
New member
xoneinax said:
He didn't buy at the auction, he bought it from the owner directly. Torn it down, and built this place. Even if he was able to get it down $100 a sqft. (that is really pushing it for a small contractor, and judging by the materials in the pics it is almost impossible), he would need to get $680k just to break even after he pays RE commissions. I don't think he will get $680k, and I'd be surprised if he gets much over $600k.
xoneinax_IHB
New member
RedFin says Year Built:2008; that is why I was confused.
So he bought a teardown around 6/25/09, got this new yellow house built in about 1 month, and listed it on 8/12/09; thats a very quick turnaround.
Or did he have this built in 2008 and the 6/25/09 transaction for $421,500 is something else, or just very, very late in being properly recorded?
So he bought a teardown around 6/25/09, got this new yellow house built in about 1 month, and listed it on 8/12/09; thats a very quick turnaround.
Or did he have this built in 2008 and the 6/25/09 transaction for $421,500 is something else, or just very, very late in being properly recorded?
graphrix_IHB
New member
xoneinax said:
I didn't catch that. I would have to double check the dates on it, and also check the MLS. Maybe later I will, but it looks like you are right, he bought it from the original builder that was in distress. Could be a better move than I expected.
norcaljeff_IHB
New member
Once they all move out or get kicked out they'll have to rename it the Housewives of Riverside County.
cletus_IHB
New member
Does anyone know, did 35 Secret Garden in Irvine (Jeana's place) get postponed today?
Delroy
Delroy
25inIrvine_IHB
New member
Postponed til November:
Foreclosure Stage: Auction
Sale Date 11/04/09
Published Bid $542,892
Sale Status Active
Notice Date 03/06/09
Postponed For Beneficiary Request
Sale Date 11/04/09
Original Date 04/09/09
Foreclosure Stage: Auction
Sale Date 11/04/09
Published Bid $542,892
Sale Status Active
Notice Date 03/06/09
Postponed For Beneficiary Request
Sale Date 11/04/09
Original Date 04/09/09
traceimage_IHB
New member
Did anyone else notice that in an earlier season when Jeana was discussing her real estate holdings and she mentioned her Irvine house, she pronounced it like Er-vin? "We have the Coto house...blah blah blah...and a house in Er-vin." I thought that was odd.
morekaos_IHB
New member
Sunshine_IHB
New member
I was browsing through a coupon/advertisement mailer this week and I came across Lauri[del]e[/del] Waring-Peterson's grill in an advertisement for Platinum Dental.
AVRenter_IHB
New member
awgee said:
Dammit. For a second there I thought you were talking about a double-wide.
Back to the waiting game I guess.
CalGal_IHB
New member
Ex-Fiance of "Real Housewives of Atlanta" Killed this weekend.
Ashley Jewell, the former fiance of Real Housewives of Atlanta star was killed in a fight outside of an Atlanta strip club last night.
It all started with a fight. The police are still investigating a motive, but have contacted a person of interest. “It appears he was involved in an altercation in the parking lot and he received a severe blow to the head,” Atlanta Police Lt. Keith Meadows told the TV station WBSTV. Immediately following the fight, Ashley was taking to a hospital where he later died.
Polite says investigators are unsure what caused the fight. He said investigators are interviewing a "person of interest."
Jewell was engaged to "Housewives" cast member Kandi Burruss until August. He appeared in several episodes of the hit reality show, which follows metro Atlanta socialites.
Ashley Jewell, the former fiance of Real Housewives of Atlanta star was killed in a fight outside of an Atlanta strip club last night.
It all started with a fight. The police are still investigating a motive, but have contacted a person of interest. “It appears he was involved in an altercation in the parking lot and he received a severe blow to the head,” Atlanta Police Lt. Keith Meadows told the TV station WBSTV. Immediately following the fight, Ashley was taking to a hospital where he later died.
Polite says investigators are unsure what caused the fight. He said investigators are interviewing a "person of interest."
Jewell was engaged to "Housewives" cast member Kandi Burruss until August. He appeared in several episodes of the hit reality show, which follows metro Atlanta socialites.
waitinginoc_IHB
New member
I have been reading this site for quite a while, first time poster. I live in LR and keep an eye on the local market. Looks like the Barney house has been given the first NOD on 9-29-09 for $1,191,500.
http://www.foreclosure.com/search.html?st=CA&cno=059&z=92694&tab=p
About a month ago I walked by the house, walking the neighborhood with the dogs, and Simon was outside talking to the gardener and complaining how his wife likes things to be perfect all of the time. Guess he won't have to worry about that too much longer.
http://www.foreclosure.com/search.html?st=CA&cno=059&z=92694&tab=p
About a month ago I walked by the house, walking the neighborhood with the dogs, and Simon was outside talking to the gardener and complaining how his wife likes things to be perfect all of the time. Guess he won't have to worry about that too much longer.
SoCal78_IHB
New member
morekaos_IHB
New member
Total loans look to be around $1,390,000.00
A First of $1,240,000.00
A Second $77,500.00
A Third of $72,500.00
Nice Piggy Bank. Looks broken now.
A First of $1,240,000.00
A Second $77,500.00
A Third of $72,500.00
Nice Piggy Bank. Looks broken now.