Who bought the 2010 home?

NEW -> Contingent Buyer Assistance Program
[quote author="roundcorners"]I know T-Mare would put up a good fight for SA school district especially the ones in FP...

hey, BK, I got the kid this morning, but how about meeting at Carmel and causing a LOL ;D, OMG :o and WTF >:( scene![/quote]

I was actually thinking this too, although I'm pretty sure her kids don't go to the local school, but to either a magnet school or a special bilingual program. There are some good schools in Santa Ana like Greenville Fundamentals. But I was looking at a house in Floral Park on Redfin. It's a cute, upscale house (not really my style but I can see how it would appeal to others), and the school it is assigned to got a 1 rating. I doubt the residents of Floral Park are sending their kids to that school. So it's either go private (which is costly) or find a way to send their kids to another district, like BK is doing.
 
The people who lead those hotel seminars how to get rich quickly will never show you their ultimate secret and I will not either.

I LOVE TIC's facilities but I hate your stamp size lot and your McMansion price. Schools and safety are great too but not worth the price. I would not pay for it period.

Irvine's stable prices are great only if you owned a home for a long time like me and took advantage of the market. It is terrible if you want to have a piece of the action now. IHO can preach this all day long about how great it is but he is a lousy RE gambler.

Rule #1 in RE is never buy high regardless of location, location and location. It is safe but very little margin.

Rule #2 Buy cheap in places next to Irvine.

On the average Irvine home prices during the bubble rose slightly more than double unless you bought Mahogany that I was intimate with but the fringes like Santa Ana, Tustin and Foothill Ranch during the historic bubble era quadrupled. Why would you buy in Irvine when prices only came down less than 12% while Tustin and Santa Ana both lost up to 50%?

I would buy low in Tustin as a good in between if I have to live in it but must sell when price appreciates to -5% of Irvine. Don't be greedy and you will get caught in a very bad situation. Looking from the perspective of greed Irvine is not a sound money making investment because so much monthly fees are added to the monthly expenses. Stable home prices is NOT the deciding factor for making a good return for RE investment.

The psychological and emotional superiority factors are big for Irvine if you want a property and the status association when you can't afford coastal. RE gurus will tell you to detach the emotion out of a RE transaction. It is only a RE transaction not commitment to be clear.

I am greedy. I want the lifestyle luxury and I want the good schools. What is wrong of having both at a fraction of a cost? I don't really like to hang around in your recreational facilities. I was there only to kill time while I need to wait for my daughter. I don't even swim. If you are interested I might list my universal FOB key on Ebay. For crying out loud my property is bigger that the pool park.

My daughter did really well and she is confident that she passed the level 9 certificate of merit exam in Piano this morning. I am so cheap I don't even want to pay for her full tuition. Many private colleges such as Stanford, Ivy League and Claremont Colleges offer full scholarship for students with panel certification.

TIC has "wow" solution for parks and recreation but "erw" solution for housing.

Are there more questions?
 
[quote author="graceomalley"]
Just to let you know I can afford the current irvine home but Diane keaton's childhood home is a much better value for $1.2 mil. I never endorse sa schools in the first place and I would not send my daughter there. The homes and safety in fp are excellent. I have the best of both world for the money I spent strategically.
[/quote]

Ok, but I just feel there is a discrepancy between what you've been telling people (that kids don't need Irvine schools to be successful), yet you're going to great lengths to keep your daughter in Irvine schools and other good local schools.

You're getting the benefit of your purchase from a long time ago, but the rest of us are basically SOL and should aim to buy somewhere else where the schools are hopefully decent.

Incidentally, I agree with you that Irvine schools are not a requirement for success. Strategically, it can even be beneficial to go to worse schools so you can 1) have an easier time being at the top of the class, and 2) maybe, if you go to school in a low-income area, being able to get into college on a financially-based affirmative action or diversity program.

Anyway, I guess that's enough about that. I kind of feel like I'm beating a dead horse here. I just feel there's an element of hypocrisy in what you've been saying.

Congratulations to your daughter on doing well on her exam this morning.
 
[quote author="traceimage"]
[quote author="roundcorners"]I know T-Mare would put up a good fight for SA school district especially the ones in FP...

hey, BK, I got the kid this morning, but how about meeting at Carmel and causing a LOL ;D, OMG :o and WTF >:( scene![/quote]

I was actually thinking this too, although I'm pretty sure her kids don't go to the local school, but to either a magnet school or a special bilingual program. There are some good schools in Santa Ana like Greenville Fundamentals. But I was looking at a house in Floral Park on Redfin. It's a cute, upscale house (not really my style but I can see how it would appeal to others), and the school it is assigned to got a 1 rating. I doubt the residents of Floral Park are sending their kids to that school. So it's either go private (which is costly) or find a way to send their kids to another district, like BK is doing.[/quote]

You just got to be creative. The Stanton property is less that $190k and it is way above rental parity. Oxford is ranked #1 school in the nation with a historic average of 15% acceptance to Stanford, Claremont and the Ivy League.

If the RE transaction fail I will have to drive her to Fullerton to attend Troy and that is practically free other than a small administrative fee for out of district students but she must be required to be on their Science Olympiad team.

Total investment capital $250K started a year after my daughter was born.

Thank you, Asian buyers!
 
It's okay trace... I had to deal with a lot of that on the IHB... except it's not hypocrisy... it's BK-ocrisy.

Funny how people like to minimize the "safety factor" yet live in the safest place in their city. I said this on the OCR... I would rather live in a level 8 safe city than in a level 10 safe neighborhood in a level 5 safe city.

There are many more pros to Irvine than the non-Irvinites want to admit... using stuff like lot size, privacy and lack of stucco is great... but irrelevant to a criminal. BK's rules of RE are skewed towards the investment side of it... if you are just wanting to live in your house... it's still all about location, location, location.
 
[quote author="irvinehomeowner"]It's okay trace... I had to deal with a lot of that on the IHB... except it's not hypocrisy... it's BK-ocrisy.

Funny how people like to minimize the "safety factor" yet live in the safest place in their city. I said this on the OCR... I would rather live in a level 8 safe city than in a level 10 safe neighborhood in a level 5 safe city.

There are many more pros to Irvine than the non-Irvinites want to admit... using stuff like lot size, privacy and lack of stucco is great... but irrelevant to a criminal. BK's rules of RE are skewed towards the investment side of it... if you are just wanting to live in your house... it's still all about location, location, location.[/quote]

Yeah, I don't know why I'm putting so much effort into all this. I kind of have a headache now. And my husband thinks I'm a nut.
 
[quote author="traceimage"]
[quote author="graceomalley"]
Just to let you know I can afford the current irvine home but Diane keaton's childhood home is a much better value for $1.2 mil. I never endorse sa schools in the first place and I would not send my daughter there. The homes and safety in fp are excellent. I have the best of both world for the money I spent strategically.
[/quote]

Ok, but I just feel there is a discrepancy between what you've been telling people (that kids don't need Irvine schools to be successful), yet you're going to great lengths to keep your daughter in Irvine schools and other good local schools.

You're getting the benefit of your purchase from a long time ago, but the rest of us are basically SOL and should aim to buy somewhere else where the schools are hopefully decent.

Incidentally, I agree with you that Irvine schools are not a requirement for success. Strategically, it can even be beneficial to go to worse schools so you can 1) have an easier time being at the top of the class, and 2) maybe, if you go to school in a low-income area, being able to get into college on a financially-based affirmative action or diversity program.

Anyway, I guess that's enough about that. I kind of feel like I'm beating a dead horse here. I just feel there's an element of hypocrisy in what you've been saying.

Congratulations to your daughter on doing well on her exam this morning.[/quote]

My daughter does not attend an Irvine school she attends a school a part of the Tustin district. I still own a house in Irvine and why shouldn't I send her there? I would not recommend it for the rest of you because my crappy house that I paid 285K is now $650K and it is a piece of crap.

I have the benefit of predicting the future. If I were in your shoes with limited money I would NOT buy in Irvine for the CURRENT price unless it is the CURRENT PRICE x 50% then I would recommend Irvine all day long.

At this time Tustin is a much better deal with the same safety other than beer thieves. School is good enough for most average kids and my daughters just took off academically at Pioneer. For my daughter a big part of her learning was from her volunteer work and being a junior John Muir Sierra Club explorer of our National Park system.

Books can only teach kids so much but experience lasts a lifetime
 
[quote author="irvinehomeowner"]BTW BK.... attendance and graduation from any of those colleges is not a guarantee of success.

Just sayin'.[/quote]

IHO,

I have taught my daughter well since she was 5. Her goal is to do medical research and teaching. She will use her education to benefit others. I admire Abby Rockerfeller's philosophy and I adopted her method to teach my kid.
 
To be more precise, the school district you refer to is the part of TUSD that services Tustin Ranch, West Irvine, NorthXXX and other Irvine 'hoods so of course they are going to be better than other TUSD schools.

So to say buy in Tustin isn't accurate because there are some not so good schools there. And the places that are serviced by the particular schools you are referencing are not much cheaper than Irvine so it still won't work. Even North Tustin is still overpriced in my opinion and some of those homes are not serviced by the "better" schools in TUSD.

And if you taught your daughter so well since she was 5... when you moved... why send her to a school farther from where you live instead of a local one? Or maybe because quality of schools and perception of safety do matter?
 
[quote author="irvinehomeowner"]To be more precise, the school district you refer to is the part of TUSD that services Tustin Ranch, West Irvine, NorthXXX and other Irvine 'hoods so of course they are going to be better than other TUSD schools.

So to say buy in Tustin isn't accurate because there are some not so good schools there. And the places that are serviced by the particular schools you are referencing are not much cheaper than Irvine so it still won't work. Even North Tustin is still overpriced in my opinion and some of those homes are not serviced by the "better" schools in TUSD.

And if you taught your daughter so well since she was 5... when you moved... why send her to a school farther from where you live instead of a local one? Or maybe because quality of schools and perception of safety do matter?[/quote]

Her elementary school friends all moved up to Pioneer so I kept her in the school so she could be with her friends. She will be out of the TUSD completely and will be heading over to the ghetto of Cypress.

You have no concept when I said I taught her well by way of Abby Rockerfeller. It is not academically. Google Abby to learn some of her wisdoms.
 
The dumplings in the secret location were great today, BK. The red bean dumplings for dessert are unmatched. The houses were great, too.
 
[quote author="ck"]The dumplings in the secret location were great today, BK. The red bean dumplings for dessert are unmatched. The houses were great, too.[/quote]

Which place and mall are you talking about? 85 degrees?
 
[quote author="mikeirvine"]
PS called me and they are dropping the price of a house I offer but I have bought in WB.
[/quote]

Sounds like a good day, Mike.

Do you mind me asking which home called in PS? I think you might have looked at Los Arboles? Sorry if I remember incorrectly. We were very interested in that community in the past --- curious what you can buy one for these days. Their full page ad in the OC Register today says "from Mid $600's".

Speaking of which, anyone else (unless I'm the only one still getting the paper delivered) find it interesting TIC took out a full page ad in the New Homes section, dedicated just to Portola Springs?
 
[quote author="frank69m"]
[quote author="ck"]The dumplings in the secret location were great today, BK. The red bean dumplings for dessert are unmatched. The houses were great, too.[/quote]

Which place and mall are you talking about? 85 degrees?[/quote]

I can't disclose the secret location we are shopping, the less competition the better. But its nowhere near 85C.

Although I do love me some 85C. In the paper today there was a story that 85C has the most reviews on Yelp of any business in OC. 759 reviews --- the next closest was 530.
 
[quote author="mikeirvine"]Hi CK

It is Los Arboles, Plan 3 model home. It's not cheap but everything is done & u get everything in the model home. I think they are selling for 890k but they lower it and add in some goodies. It have about 200k of upgrades but it's a 3 years old model home.

It was my backup option if I can't get the sonoma lot I like. For me I only like 2 lots in the entire 2010 new home.

There are two things I ready want and Los Arboles model home have them .... out door Jacuzzi and ceiling speakers ..... but I can add them to my sonoma home.

There are a few down side of the Los Arboles, Plan 3 model home for me compare to the sonoma one. The mello ross and taxes are 1.8% and 2 HOH, it a bit far back and it not a SF home but looks like one ..... 3 bed + bonus room.

Mike


[quote author="ck"]

Sounds like a good day, Mike.

Do you mind me asking which home called in PS? I think you might have looked at Los Arboles? Sorry if I remember incorrectly. We were very interested in that community in the past --- curious what you can buy one for these days. Their full page ad in the OC Register today says "from Mid $600's".

Speaking of which, anyone else (unless I'm the only one still getting the paper delivered) find it interesting TIC took out a full page ad in the New Homes section, dedicated just to Portola Springs? [/quote][/quote]

You know, I don't understand why these are considered Detached Condos. They look like single family homes, they have typical backyards (although plan 3 has a side-back yard). I completely thought these were single family homes when I first saw them, but I soon was told they were detached condos (2 HOAS, blehh). But you would think, with 2383 sqft, they could fit in more than 3 bedrooms standard in the plan.
 
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