This weekend's featured property may be a sad case of unemployment causing a distressed sale.
Irvine Home Address ... 8 DESCANSO Irvine, CA 92620
Resale Home Price ...... $950,000
The housing markets that have not crashed are the areas where squatters abound.
Irvine Home Address ... 15 TROVITA Irvine, CA 92620
Resale Home Price ...... $819,900
When people strategically default, are they ruthlessly ripping off their lender or merely deciding when they face the inevitable loss of their home?
Irvine Home Address ... 27 MOMENTO Irvine, CA 92603
Resale Home Price ...... $1,800,000
Home Owners Associations are being crushed by delinquencies, and there is little they can do about it. If the first lien holder doesn't foreclose, HOAs can't get paid, and any bills are wiped out when the foreclosure finally does occur. Existing homeowners are the ones who are damaged most.
Irvine Home Address ... 77 CANYONCREST Irvine, CA 92603
Resale Home Price ...... $650,000
Should lenders give away houses to delinquent borrowers to stabilize house prices? Would you be happy paying your mortgage knowing that your lender gave your neighbor their house for free?
Irvine Home Address ... 23 BOWER TREE Irvine, CA 92603
Resale Home Price ...... $705,000
We have at least three years worth of distressed inventory in Orange County, and that assumes we don't add more to it. Despite the rise in the median price, the housing market is not healthy.
Irvine Home Address ... 103 AMBIANCE Irvine, CA 92603
Resale Home Price ...... $1,375,000
On this weekend's open thread, we have a look at a unique property in Irvine: a vacant lot.
Irvine Home Address ... 86 CANYON Crk Irvine, CA 92603
Resale Home Price ...... $1,995,000
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