How Homedebtors Could Avoid Foreclosure

Apr 16th, 2007 by IrvineRenter 

Posted in Real Estate Analysis

West University Park Irvine

Apr 14th, 2007 by IrvineRenter 

Posted in Community Profile

Courtside in Northwood

Apr 13th, 2007 by zovall 

Address: 50 Fillmore, Irvine, CA 92620 (Northwood)
Plan: 1538 sq ft - 3/2
MLS: S481925 DOM: 11
Sale History: 8/19/2005: $680,000
8/20/1993: $260,000
Current Price: $719,000

This Plan 1 home in the Courtside tract in the village of Northwood was purchased by investors in August 2005 for $680,000 with what looks to be about 50% down. Perhaps it was a 1031 exchange?

Anyways, it's currently occupied by tenants and the description says 'Taking Backup.... and Sold as is'. The private remarks state 'Some TLC needed'. Just a few days on the market and they've already got an offer? That's surprising.. Assuming 6% in selling costs, the investors will lose about $3k if they get their asking price. No big deal..

I only found a couple sales for this floorplan:

  • 7 Buchanan sold for $670,000 on 1/26/2006

  • 2 Shelby sold for $690,000 on 9/26/2006

2 Shelby closed not that long ago after sitting on the market for 123 days. After taking a look at the old listing for 2 Shelby I noticed that it had a few things done to make it easier to sell (new roll up garage door, new exterior paint, etc.). If the decent condition house at 2 Shelby took 123 days to sell at a price of $690,000, when and at what price do you think the In Need of TLC house at 50 Fillmore will sell?


Posted in House Flips

OC Real Estate Forum on 4/12/2007

Apr 11th, 2007 by zovall 

Just a quick blurb. I've posted about this group before. They have their April meeting tomorrow at 7pm at the Double Tree Hotel at 90 Pacifica in Irvine.

One of the presentations is about how to access real estate records for Free. Here is the description of the presentation: "Accessing all real estate property records, including owner names, address, title history, previous purchase prices, current loan amounts and comparative market analysis-FREE. Doug Thompson of Lawyers Title Company, Irvine, will demonstrate how to access the system and use the information. The OCRE Forum in collaboration with Lawyers Title will be providing a FREE Costumer Service Account to all OCREs registered members."

Many of our readers have asked how to get this kind of information. If I go to this meeting, I'll report back on what I find out. If you end up going, please let us know how it went.


Posted in Uncategorized

The Inside Scoop - 1

by IrvineRenter 

Posted in News

Where are the Sheeple?

by IrvineRenter 

Posted in House Flips

Short-Sale in Northwood

Apr 10th, 2007 by IrvineRenter 

Posted in House Flips
Page 3 of 4 pages  < 1 2 3 4 >