Irvine Housing Blog

Well, I am offended that I didn’t get one of those ‘stuck in London without money’ e-mails from your friendly scammers.  What, aren’t I good enough to be scammed?

“London United Kingdom”. So THAT’s where London is.  I was wondering.  Of course no American would ever write that they just ‘came down’ to London, since London is to the North of the entire US Mainland, including Wisconsin.  Do you ever get the feeling that the people who write those scam e-mails are the same people who write the RE listings on MLS?  Maybe the realtors moonlight in the scam business.  Or vice versa.

I’d like to know if the $100,00 3rd was recorded the same day as the purchase money 1st & 2nd, or shortly thereafter.

Lender’s insist (and request in writing) that help with a downpayment be a gift with no expectation of repayment. Did they lie to the lender about the source of the $100k, and then record that “loan” after the purchased closed?

That would be a form of mortgage fraud…

Unemployment Surges Despite Economists Worthless Predictions

I like Jim Croce. I remember when he died in a small plane crash. He had some beautiful songs.

I’m sorry for this odd request because it might get to you too urgent, but due to the situation of things right now, I’m stuck in my home right now, i came down here on a short sale and i was robbed, my equity, downpayment, and my ego were stolen off me at modification failure, so i only have access to my emails, it was such a crazy and brutal experience for me and i was hurt on my entitlement, but i’m glad i still have my life. I need help modifying my loan, the authorities are not being 100% supportive, i have been to the bank and the loan officers here in no man’s land, but they’re not helping issues at all, but the good thing is that i still have my shirt but don’t have enough money to get my payments caught up back home and some bills settled, please i need you to loan me some money, i promise to refund it as soon as I’m heloc’d. You can get it to me through my Fannie, email me back so that i can give you details to send it to.

Does that listing win the all time irvinehousingblog.com “Realtor not even pretending to care” award?

I first thought that IR’s photo was a photo shop joke, but that really is the only photo.

The message got directed to my spam folder (gmail).

What kind of picture is that?

How does a home sell for $2.1M and have a tax value of $1.5M?

Irvine Renter: Have you given any thought to discussing how short sale prices occasionally seem too good to be true - and how that happens?
Here are two as food for thought.
  The first is on Youtube and stated to be a Bank of America property: http://www.calculatedriskblog.com/2010/06/short-sale-agent-takes-advantage-of.html?utm_source=patrick.net
  The second is in San Clemente: 8 Cantilena. Trulia shows this having sold in Dec, 2008, for $1.3M. It was sold short in Nov, 2009, for $577,500 and is now on market for $1.1M. It may have been a B of A property also. Here’s the Redfin listing:
http://www.redfin.com/CA/San-Clemente/8-Cantilena-92673/home/4973683
Given the amount of time most short sales take, it’s hard to believe these properties didn’t bring higher bids.

Hi IR
Even me, with my broken English, can tell it is not your style. Not your language, not the idea of shoping around for money, and not your romantic little home-town to which you told us last week your were heading. Besides, I believe that you would have had the way to get to a phone and call the people you trust. Had I received the mail (I found it in my gmail-spam now) I would probably try to get in touch through your real mail. Hope no one got hurt. Many “Shadow Readers” like me would have tried to help.

One of my favorite time-sucking intarweb sites is “419eater.com”.

They answer these emails, exchanging data over time unti the thing falls apart. During their back and forth replies, they ask the scammers to authenticate themselves with unique photgraphs of themselves. They’ve had scammers take pictures with barrels of fish on their heads, or funny notes written. Admire their cheeky responses to scumbags of this sort. If you’ve got some time head on over and look at their methods and of course their gallery:

http://www.419eater.com/html/trophy_room.htm

As soon as my lottery check clears the bank, I’m sending 419Eater a big fat check.

My .02c

Soylent Green Is People

I.R. Does this mean I’m not getting my money back?

Will Irvine soon see a building boom?
http://www.ocregister.com/news/irvine-253843-development-city.html

“Walking away may be the only option, but keep in mind that the foreclosure process is slow.  It can take a year from the last payment until the bank owns the home.  A person could live rent free for six months to a year before they had to leave—”

Actually, a person can live for YEARS rent free as a SQUATTER. Take my deadbeat neighbor for example (REALLY, please TAKE HIM); a public records search I did on ‘his’ property indicates the bastard hasn’t paid any property taxes since December of 2006. He currently owes $30.000 in back taxes. Considering the fact that most deadbeats like him usually stop paying property taxes ONLY after having stopped making their mortgage payments, in all probability he ALSO stopped paying his mortgage for an equal period of time.

Now with the current mark-to-model system of fraudulently appraising homes for what banks THINK they’re worth vs what they’re ACTUALLY worth, it is in the banks interest to continue to keep the losses OFF their books by allowing people to stay rent free in their house.

And that’s EXACTLY what they’re doing. That’s why I bought myself a house ..BUT in ANOTHER country and I paid it off in full already. THIS country is FINISHED and as far as I’m concerned the USA is a depressing SHITHOLE of fraud, lies and incompetence. Who the FOOK would want to buy a house here?

It says that the community is Tustin Fields, but this looks like Quail Hill to me.

PS: the U.S. is currently COOKING all the official data it releases. CPI, GDP, unemployment indexes; ALL are doctored & massaged in order to make them look pretty and acceptable. NY state recently took out a $6 billion loan from its pension fund in order to pay back ..its own pension fund. Several other states are doing the same. And the U.S. government is ALSO surreptitiously buying its own T-bills.

The fact is; the USA is INSOLVENT and anyone foolish enough to tie themselves to a 30 year mortgage under THESE conditions is only setting themselves up for FAILURE when the inevitable time comes when the federal government will start implementing NEW taxes to bleed homeowners dry. Expect Prop 13-like tax initiatives to go the way of the Dodo bird as the government desperately starts the shakedown.

Yahoo is crazy. This is their response to the offending emails:

If you are an individual being impersonated by a Yahoo! Mail user, I
will need a signed statement from you denying any involvement with the
account, as well as a copy of the email (including full Internet
headers) that is going out in your name. If you do not have an actual
email message, please give us a detailed explanation of why you believe
you are being impersonated. I will also need a copy of your photo ID.

If your company is being impersonated by a Yahoo! Mail account, I will
need a signed statement on company letterhead denying any involvement
with the account, as well as a copy of the email (including full
Internet headers) that is going out with the company name.