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Profiles in Squatting: Ladera Ranch, California

Dec 14th, 2010 by IrvineRenter 

Money Magazine takes a detailed look at the housing debacle and the squatting phenomenon.

Irvine Home Address ... 32 COLUMBUS Irvine, CA 92620
Resale Home Price ...... $799,000

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Banks Cancel Foreclosures in Shift to Short Sales… For Now

Jul 14th, 2010 by IrvineRenter 

JPMorgan Chase has made a silent shift from foreclosures to short sales in an attempt to clear their delinquent loan backlog. 

 

Irvine Home Address ... 10 SUNSTREAM Irvine, CA 92603
Resale Home Price ...... $549,000

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How to Lose $1,100,000 in Irvine Real Estate

Jul 12th, 2010 by IrvineRenter 

A recent trustee sale in the North Korea towers sets a new standard for housing bubble losses in Irvine: $1,099,400. Perhaps Irvine isn't such a safe haven after all.

Irvine Home Address ... 3131 MICHELSON Dr #1702 Irvine, CA 92612
Trustee Sale Price ...... $653,100
 

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Responsible Home Owners Are Hurt by Irresponsible Loan Owners

Mar 17th, 2010 by IrvineRenter 

Responsible homeowners are not losing their homes, but they are forced to pay a price for the foolish irresponsibility displayed around them.  

Irvine Home Address ... 43 SANTA COMBA Irvine, CA 92606
Resale Home Price ...... $799,990

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Posted in House Flips Library

High End Home Prices Benefit from Lack of Inventory

Feb 9th, 2010 by IrvineRenter 

The high end has benefited from a lack of supply and low sales volumes. With lenders proceeding with foreclosure faster, we are starting to see the inventory we have been waiting for.

Irvine Home Address ... 28 WOODS Trl Irvine, CA 92603
Resale Home Price ...... $2,049,900

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Government Prepares for Foreclosure Onslaught: FHA’s 90-Day Flip Rule is Reversed

Feb 2nd, 2010 by IrvineRenter 

Flippers can now sell to FHA borrowers which should help lenders move their bloated inventories. Today's featured property is another Trustee Sale flip.

Irvine Home Address ... 7 SMOKESTONE 3 Irvine, CA 92614
Resale Home Price ...... $348,000

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Posted in House Flips

The Changing Face of Flipping

Jan 29th, 2010 by IrvineRenter 

Are flippers the scourge of the earth, or are they capitalists exercising their freedom to make money? Depending on the circumstances, most flippers are somewhere in between.

Irvine Home Address ... 388 FALLINGSTAR 39 Irvine, CA 92614
Resale Home Price ...... $549,000

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Posted in House Flips
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