Woodbury Under $300,000

Apr 3rd, 2009 by IrvineRenter 

When Woodbury started selling, few imagined there would ever be properties available for under $300,000. In fact most imagined that there would be no properties under a million by the time it was built out. It hasn’t worked out that way.

37 Regal Front 37 Regal Kitchen

Asking Price: $299,000

Address: 37 Regal, Irvine, CA 92620

The Great Housing Bubble

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Posted in Short Sale

The REO Next Door

Apr 2nd, 2009 by IrvineRenter 

Earlier this year I profiled an REO on Lakepines that is now a 2003 rollback. The next-door neighbor is trying to sell for 30% more. Good luck with that.

16 Lakepines front 16 Lakepines inside

Asking Price: $289,000

Address: 16 Lakepines, Irvine, CA 92620

17 Lakepines inside 17 Lakepines kitchen

Asking Price: $375,000

Address: 17 Lakepines, Irvine, CA 92620

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Posted in Short Sale Real Estate Owned

You Must Be Joking

Apr 1st, 2009 by IrvineRenter 

Today’s featured property shows what happens when you do everything wrong when investing in real estate. The result is the wrong house in the wrong neighborhood at the wrong time. Someone is going to lose money on this one; it is only a matter of who and when.

4931 Karen Ann Ln front 4931 Karen Ann Ln kitchen

Asking Price: $1,399,000

Address: 4931 Karen Ann Ln, Irvine, CA 92604

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Posted in House Flips
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