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Should You Fear You Won’t Get Clean Title to Real Estate?

Oct 19th, 2010 by IrvineRenter 

The general population and even some market pundits are telling potential buyers they should worry about getting clean title to a foreclosure.

Irvine Home Address ... 183 GROVELAND Irvine, CA 92620
Resale Home Price ...... $499,000

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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.

North Korea at NightMarquee at Park Place at Night

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

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The Swiss Central Bank Openly Discourages Mortgage Lending Due to Housing Bubble Fears

Mar 12th, 2010 by IrvineRenter 

Other governments around the world take steps to curb lending and warn citizens of the perils of excessive mortgage debt. Why don't we?

Someone should have warned the owner of today's featured property that smaller mortgages and lower prices were going to make resale challenging... and painful. 

 

Irvine Home Address ... 28 WILLOWHURST Irvine, CA 92602
Resale Home Price ...... $825,000

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High-End Owners Compete for Buyers and Dance with Asking Prices

Mar 3rd, 2010 by IrvineRenter 

Lenders work to inflate our flagging housing bubble to limit their losses. The lender of today's featured property is hoping for $275,000 extra in its loss recovery efforts. Are you willing to step forward and help them out? 

Irvine Home Address ... 101 LATTICE Irvine, CA 92603
Resale Home Price ...... $1,100,000

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Alan Greenspan Embarrasses Self with Feeble Defense of His Failed Philosophy and Policy

Feb 16th, 2010 by IrvineRenter 

Alan Greenspan refuses to go to pasture quietly; therefore, bloggers like me need to remind everyone that Alan Greenspan is a dangerous fool who plunged the world economy into a near catastrophic depression and caused properties like today's to become elevated in price far beyond any rational measure. 

North Korea at NightMarquee at Park Place at Night

Irvine Home Address ... 3131 MICHELSON Dr 1702 Irvine, CA 92612
Resale Home Price ...... $899,999

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Twisted Towers

Dec 24th, 2009 by IrvineRenter 

No big thinking today, just a humorous look at some twisted pictures of a jaw-dropping loss in the North Korea Towers. 

3141 MICHELSON Dr 1307 Irvine, CA 92612 front 3141 MICHELSON Dr 1307 Irvine, CA 92612 kitchen

Irvine Home Address ... 3141 MICHELSON Dr 1307 Irvine, CA 92612
Resale Home Price ...... $489,000

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Posted in Price Rollback

Underwater Homeowners

Dec 22nd, 2009 by IrvineRenter 

Yesterday, we discussed walking away, and today, I want to explore the issue a little further and look at both an Irvine property owner and a Wall Street Journal columnist who are 10% underwater and thinking about walking away.

25 BOMBAY Irvine, CA 92620

Irvine Home Address ... 25 BOMBAY Irvine, CA 92620
Resale Home Price ...... $699,000

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Posted in Price Rollback
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