We live in the neighborhood and are wondering if the new purchaser is a flipper/realtor. There were several people fixing up the house after it sold. Then, no one moved in. There has been a car there that we suspect to be a realtor (because of the license plate). And today there appears to be showings. Maybe you’ll have to keep a continued eye on this one.
PS—The house next door (29 Maywood) has been for sale just as long. We suspect the owners are also realtors because it was empty for a long time before someone with a “consult a realtor” license plate moved in. It is now under contract as well. They had more room to negotiate because according to zillow it was purchased for $900K, but it will be interesting to see what it sells for.
Are you kidding? The more exposure the Orange County Real Estate moron-a-thon gets, the happier I am. I don’t need no stinkin’ credit.
(oh lookee! e-mail comment notifications!) ——-
Posted by IrvineRenter on 01/30/07 at 05:29 PM
Someone on the forums wanted to see a sale 10% below asking. This very nearly qualifies.
Posted by Rob Ranger on 01/30/07 at 09:09 PM
$360/sq ft is a lot better than the $660/sq ft for the Watermarke 1 br/1b residence. I’m just wondering if the flipper will make this loss up with volume?
Posted by mah on 01/30/07 at 09:18 PM
WTF is this nonsense!
No one in their right mind is going to pay this price for this house ... when are the mother#ucking sellers going to realize IT’S OVER! OVER, OVER OVER ... DONE WITH!
Posted by waitingtill08 on 02/03/07 at 01:24 PM
It looks like a specuvestor bought it. It just showed up as a rental.
Posted by waitingtill08 on 01/31/07 at 10:45 AM
We live in the neighborhood and are wondering if the new purchaser is a flipper/realtor. There were several people fixing up the house after it sold. Then, no one moved in. There has been a car there that we suspect to be a realtor (because of the license plate). And today there appears to be showings. Maybe you’ll have to keep a continued eye on this one.
PS—The house next door (29 Maywood) has been for sale just as long. We suspect the owners are also realtors because it was empty for a long time before someone with a “consult a realtor” license plate moved in. It is now under contract as well. They had more room to negotiate because according to zillow it was purchased for $900K, but it will be interesting to see what it sells for.
Thanks for all your great work!
Posted by oc_fliptrack on 01/30/07 at 03:25 PM
“Are we still cool OC Fliptrack?”
Are you kidding? The more exposure the Orange County Real Estate moron-a-thon gets, the happier I am. I don’t need no stinkin’ credit.
(oh lookee! e-mail comment notifications!)
——-
Posted by IrvineRenter on 01/30/07 at 05:29 PM
Someone on the forums wanted to see a sale 10% below asking. This very nearly qualifies.
Posted by Rob Ranger on 01/30/07 at 09:09 PM
$360/sq ft is a lot better than the $660/sq ft for the Watermarke 1 br/1b residence. I’m just wondering if the flipper will make this loss up with volume?
Posted by mah on 01/30/07 at 09:18 PM
WTF is this nonsense!
No one in their right mind is going to pay this price for this house ... when are the mother#ucking sellers going to realize IT’S OVER! OVER, OVER OVER ... DONE WITH!
Posted by waitingtill08 on 02/03/07 at 01:24 PM
It looks like a specuvestor bought it. It just showed up as a rental.
Posted by oc_fliptrack on 02/03/07 at 01:34 PM
Linky:
http://firstteam.com/homes/propertydetails.asp?id=64797595&db=1&MLS=S474087
Posted by oc_fliptrack on 02/03/07 at 01:39 PM
Specuvestor? Or cash-back at closing rent-skimmer? I would have to think that even the dimmest of specuvestors wouldn’t chance it in this market.
I’d watch this one very closely for first-payment default. When will the buyer’s financing details become available?