Epic HELOC Abuse
The behavior of the owners of today's featured property is so bad, it warrants a special look.

Irvine Home Address ... 36 PARKCREST Irvine, CA 92620
Resale Home Price ...... $915,000
The behavior of the owners of today's featured property is so bad, it warrants a special look.

Irvine Home Address ... 36 PARKCREST Irvine, CA 92620
Resale Home Price ...... $915,000
The MLS inventory is growing. The pre-foreclosure inventory is growing. And shadow inventory is growing. Will our spring rally fizzle out?

Irvine Home Address ... 24 ROSE TRELLIS Irvine, CA 92603
Resale Home Price ...... $1,900,000
From the extremes of generosity springs the extremes of stupid borrower behavior. Several Extreme Makeover Home Edition families are facing foreclosure because of their HELOC abuse.

Irvine Home Address ... 18 SUNSET Riv Irvine, CA 92604
Resale Home Price ...... $669,000
People learned lifelong lessons about financial management from the Great Housing Bubble. Did they learn the right ones?
The owners of today's featured property learned how to squeeze every last penny from the walls, then they resorted to squatting for the last year and a half.

Irvine Home Address ... 14952 GAINFORD Cir Irvine, CA 92604
Resale Home Price ...... $460,000
The bailouts never seem to end, and neither does the flow of irresponsible debtors in need of a bailout.
Irvine Home Address ... 10 MOZZONI AISLE Irvine, CA 92606
Resale Home Price ...... $294,000
Keeping the truth straight is difficult with good information, but once policitians and political operatives get involved with the flow of data, truth can be obscured and elusive.
Today's featured property belongs to a family that skimmed the appreciation and sold just in time to avoid a short sale.

Irvine Home Address ... 34 CAPOBELLA Irvine, CA 92614
Resale Home Price ...... $745,000
Barry Ritholtz is leading the chorus demanding that lenders get on with the foreclosure process and get the economy moving again.
Today's featured property may have the Irvine record for HELOC abuse. We are up over $1,000,000!!!

Irvine Home Address ... 58 CEZANNE Irvine, CA 92603
Resale Home Price ...... $1,600,000