davenlei_IHB
New member
USCTrojanCPA said:
Those are some of my favorites too! I also love watching The Amazing Race.
Real Housewives of OC update
- Thread starter xsocal land merchant_IHB
- Start date
NEW -> Contingent Buyer Assistance Program
Those are some of my favorites too! I also love watching The Amazing Race.
house hunters is always a great laugh. House hunter: "We want 4-5 bedrooms, 3 bathrooms, 3 car garage, finished basement, open space for the dog, wood floors and an upgraded kitchen w/ granite and stainless steel. It's also important that we be walking distance to downtown because we enjoy the local restaurants and bars. We were pre-approved for $140k and bringing a 5k down payment..." And when they tour homes for 120k and complain that there's no granite slab in the kitchen and that their 5k sq/ft backyard might not be big enough for Lassy to roam around in...classic.
If I ever run into Slade around the 'hood, I'm giving him a piece of my mind.
He is on my top 5 list of "If I ever see you in person I will kick you in the nuts" list. Has been for a few years now. And to think someone gave me crap about his house being in foreclosure. Slade can find a nice high cliff to fall off of.
You think Viki is getting nervous when her neighbor (3 houses down) has collapsed into a huge pricing sink hole?
Viki's house
Hole down the street
Oct 29, 2009 Relisted -- -- CARETS #U9003016
Sep 24, 2009 Price Changed $699,900 -- CARETS #U9003016
Jul 09, 2009 Delisted -- -- CARETS #U9003016
Jul 07, 2009 Sold $1,115,980 2.2%/yr Public Records
Jul 03, 2009 Listed $706,900 -- CARETS #U9003016
Aug 29, 2005 Sold $1,027,500 7.4%/yr Public Records
She's just about the only one with money, but you can tell she's defintiely not happy she listened to Jeana.
I was just tongue and cheek joking but since the bank takes the majority of this hit I don't think the Barney's will get any tax benefits from the short sale. We (taxpayers) will eat the loss for their bad decisions.
LMAO
It isn't tax benefit that they would be looking at, it is tax liability. Forgiven debt (the difference between the short sale amount and the outstanding loan balance) is supposed to be treated as income by the borrower. Frequently it hasn't been because the bank doesn't report it. But if the bank were to report it, they could be liable for income taxes on the amount of forgiven debt. At least that is my understanding of it.
Just shows what good marketing can do. Ask the guy who had the bright idea to turn a simple aperitif into a shot drink (Jaggermeister) or the brainchild who started to market the crappiest part of a wine press and elevated it to a high end drink (for about 6 months), Grappa. I doubt Simon has the brains or luck to do that
Those are some of my favorites too! I also love watching The Amazing Race.
BurnedbyToll_IHB
New member
I watch these shows, but really like House Hunters International. When I see a family with five kids in England buying a home with one bathroom (and being really happy aboout it) I realize how spoiled we really are! The regular House Hunters depresses me when I see how cheap homes are in other areas compared to SoCalUSCTrojanCPA said:
childplease_IHB
New member
BurnedbyToll said:I watch these shows, but really like House Hunters International. When I see a family with five kids in England buying a home with one bathroom (and being really happy aboout it) I realize how spoiled we really are! The regular House Hunters depresses me when I see how cheap homes are in other areas compared to SoCalUSCTrojanCPA said:
house hunters is always a great laugh. House hunter: "We want 4-5 bedrooms, 3 bathrooms, 3 car garage, finished basement, open space for the dog, wood floors and an upgraded kitchen w/ granite and stainless steel. It's also important that we be walking distance to downtown because we enjoy the local restaurants and bars. We were pre-approved for $140k and bringing a 5k down payment..." And when they tour homes for 120k and complain that there's no granite slab in the kitchen and that their 5k sq/ft backyard might not be big enough for Lassy to roam around in...classic.
Sunshine_IHB
New member
ABC123 said:
If I ever run into Slade around the 'hood, I'm giving him a piece of my mind.
graphrix_IHB
New member
Sunshine said:
He is on my top 5 list of "If I ever see you in person I will kick you in the nuts" list. Has been for a few years now. And to think someone gave me crap about his house being in foreclosure. Slade can find a nice high cliff to fall off of.
morekaos_IHB
New member
morekaos said:
You think Viki is getting nervous when her neighbor (3 houses down) has collapsed into a huge pricing sink hole?
Viki's house
Hole down the street
Oct 29, 2009 Relisted -- -- CARETS #U9003016
Sep 24, 2009 Price Changed $699,900 -- CARETS #U9003016
Jul 09, 2009 Delisted -- -- CARETS #U9003016
Jul 07, 2009 Sold $1,115,980 2.2%/yr Public Records
Jul 03, 2009 Listed $706,900 -- CARETS #U9003016
Aug 29, 2005 Sold $1,027,500 7.4%/yr Public Records
RobertLarsen_IHB
New member
morekaos said:
She's just about the only one with money, but you can tell she's defintiely not happy she listened to Jeana.
morekaos_IHB
New member
Who says short sales — or homes in Ladera Ranch — can’t sell?
The Ladera family home of Tamra Barney, one of cable TV’s “Real Housewives of Orange County,” is in escrow. It had been listed as a “short sale” for $1.149 million. (Late last year, the 4,300-square-foot, 5-bedroom, 5.5-bathroom home — was listed at $1.6 million.)
Bye-Bye Tamara's house...Hello big fat tax loss!!
The Ladera family home of Tamra Barney, one of cable TV’s “Real Housewives of Orange County,” is in escrow. It had been listed as a “short sale” for $1.149 million. (Late last year, the 4,300-square-foot, 5-bedroom, 5.5-bathroom home — was listed at $1.6 million.)
Bye-Bye Tamara's house...Hello big fat tax loss!!
morekaos_IHB
New member
JVNA said:
I was just tongue and cheek joking but since the bank takes the majority of this hit I don't think the Barney's will get any tax benefits from the short sale. We (taxpayers) will eat the loss for their bad decisions.
renbac_IHB
New member
I look forward to her new show, "Real Housewife of the Trailer Park".
SoOCOwner_IHB
New member
^ Sorry, couldn't resist . . .
renbac_IHB
New member
SoOCOwner said:^ Sorry, couldn't resist . . .
LMAO
Joe33_IHB
New member
morekaos said:
It isn't tax benefit that they would be looking at, it is tax liability. Forgiven debt (the difference between the short sale amount and the outstanding loan balance) is supposed to be treated as income by the borrower. Frequently it hasn't been because the bank doesn't report it. But if the bank were to report it, they could be liable for income taxes on the amount of forgiven debt. At least that is my understanding of it.
renbac_IHB
New member
Simon's Booming Tequila Biz
El Conde Tequila...only the best will do when your jealous wife wants to get her competition "naked wasted"
I guess Simon is still the "breadwinner" in that mess of a marriage?
El Conde Tequila...only the best will do when your jealous wife wants to get her competition "naked wasted"
I guess Simon is still the "breadwinner" in that mess of a marriage?
morekaos_IHB
New member
renbac said:
Just shows what good marketing can do. Ask the guy who had the bright idea to turn a simple aperitif into a shot drink (Jaggermeister) or the brainchild who started to market the crappiest part of a wine press and elevated it to a high end drink (for about 6 months), Grappa. I doubt Simon has the brains or luck to do that
renbac_IHB
New member
Three of the Howives will be on Dr. Phil this week:
Thursday - November 19, 2009
Biggest Financial Mistakes
Are your extravagant ways about to send you to the poorhouse? Dr. Phil explains the five biggest financial mistakes you could be making. Brad and Yvonne had a 3,200 square foot house, went on expensive vacations and hosted lavish parties for their friends. Now they say they live in a trailer in Yvonne’s parents’ backyard. In spite of their dire financial straits, Yvonne says her husband still wants to purchase a $1,800 watch! What’s behind Brad’s urge to splurge? Can the couple ever get out from under their mound of debt? And, the economic downturn is even forcing the wealthy to downsize. Dr. Phil talks to Vicki, Gina [sic] and Lynne of the Real Housewives of Orange County about how the cash crunch is affecting them. Find out what happened when Gina [sic] asked Vicki to borrow money. Plus, a top Hollywood divorce attorney shares some of the top mistakes women make when it comes to money and marriage.
Also, look for the Howives sharing their financial prowess at a Learning Annex class near you. Kidding.
Thursday - November 19, 2009
Biggest Financial Mistakes
Are your extravagant ways about to send you to the poorhouse? Dr. Phil explains the five biggest financial mistakes you could be making. Brad and Yvonne had a 3,200 square foot house, went on expensive vacations and hosted lavish parties for their friends. Now they say they live in a trailer in Yvonne’s parents’ backyard. In spite of their dire financial straits, Yvonne says her husband still wants to purchase a $1,800 watch! What’s behind Brad’s urge to splurge? Can the couple ever get out from under their mound of debt? And, the economic downturn is even forcing the wealthy to downsize. Dr. Phil talks to Vicki, Gina [sic] and Lynne of the Real Housewives of Orange County about how the cash crunch is affecting them. Find out what happened when Gina [sic] asked Vicki to borrow money. Plus, a top Hollywood divorce attorney shares some of the top mistakes women make when it comes to money and marriage.
Also, look for the Howives sharing their financial prowess at a Learning Annex class near you. Kidding.
morekaos_IHB
New member
Well, after watching 3 episodes it is amazing that a show about millionaire OC housewives only has one (maybe Viki) who has any kind of net worth left. Now, instead of watching, and supposedly envying, a bunch of rich, savvy, kept women spend freely and easily, we are watching the financial ruin of 80% of the characters we had invested so much time in. What a total 180 degree spin out. This show is now about something entirely different from what it started out to present.