It is possible to significantly lower buyer’s commissions, but it will take a change of buyer behavior to do it. Today’s post shows how this could be done.
Asking Price: $189,900
Address: 365 Orange Blossom #140, Irvine, CA 92618
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With all of the soon-to-be-former homeowners who spent their houses, you have to wonder if the good times they had while walking the path to foreclosure was worth it.
Asking Price: $514,800
Address: 149 Lockford, Irvine, CA 92602
Read the rest of this entry »When an owner pays off a 30-year mortgage and then borrows himself into oblivion, who is the predator? Is it the borrower or the lender?
Asking Price: $375,000
Address: 11 Sunflower #23, Irvine, CA 92604
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Negotiating to purchase residential real estate can be intimidating, but if you understand the rules of the game, it is not that complex, and you can save yourself a great deal of money.
Asking Price: $824,900
Address: 7 Willowridge, Irvine, CA 92602
Since last Saturday's post on HELOC Abuse Hollywood Style was so popular, I thought I would explore some other high-end cities and see what I could find. After looking through several $1M to $2M HELOC abusers, I decided on one typical $1.6M abuser and a beachfront property where the owners took out $5M in just a few years. I want one of those houses...
Asking Price: $8,995,000
Address: 24 Lagunita Dr., Laguna Beach, CA 92651
Asking Price: $1,999,900
Address: 1435 Cerritos Dr., Laguna Beach, CA 92651
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This property was already the low-price leader in Irvine, but it must not have been low enough. The listing prices has been reduced to $114,900.
Yesterday, when I described the ratings of properties and the cashflow levels to which they should fall, I mentioned that the bottom of the Irvine market is defined by condos that only make sense as a cashflow rental. Today's featured property is one of those.
Asking Price: $149,900
Address: 338 Streamwood, Irvine, CA 92620
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Due to the elimination of lending standards during the bubble, many unqualified buyers were brought to the market. This had its most dramatic impact on prices of small low-end entry-level properties.
Asking Price: $264,900
Address: 3204 Ladrillo Aisle, Irvine, CA 92606
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