Irvine Housing Blog

Ignoring the “backyard” - in this case almost literaly a yard behind the house - it does look like a million-dollar house. But $1m and not $3m.

I’d further say hotel design, rather than restaurant.

I guess some people want that, and they are welcome to it. Even if money were no concern or the price-to-value looked good, I personally have zero interest in living in such a house. Good luck to the current owner and next buyer.

The untenable feeling of squatting is a bit overestimated.

Actually it is sort of a rush every time the thought comes to mind.

The feeling of dread may appear though at thoughts of eventually paying rent.

Unless of course you are moving in with parents, or used the squatters dough to buy a home outright.

It’s kinda hard getting used to paying a mortgage that’s too damn high.

It may be a bit like the feeling that there is no way you will pay $200 for Nike sneakers when $35 knockoffs will do.

The good thing is that the new frugality may permeate every purchase, which in turns allow for more savings.

Ironically at a time that the sqatter probably has more discretionary funds.

Welcome to my (former) world, IR.  I had to deal with this kind of nonsense from attorneys on a daily basis (although my firm and I weren’t called in until there was a lawsuit was actually filed).

There is a 0% chance that this chance accomplishes anything other than: 1) allowing the defaulted borrower to continue squatting, and 2) allowing the “attorney” to collect a monthly fee from the defaulted borrower (you just don’t see these attorneys take this type of case on a contingency fee basis for obvious reasons).

There have been a string of infamous attorneys in Southern California that made millions of dollars running this scam on borrowers. I swear that the business model went like this: “We can get you a free house, just pay this monthly fee and, even if we aren’t successful, you will have been able to stay in your home and you are paying us less than you would be paying in rent.”  That business model worked for a while.  Until judges got fed up with the bogus lawsuits and the state bar shut this type of practice.

I’ll also tell you that any hope for a loan modification went out the window as soon as we were hired.  There were/are real costs associated with retaining an attorney to defend this type of bogus claim and my clients were not about to invite additional lawsuits by settling any claim against them in the form of a loan modification (yet, these attorneys representing defaulted borrowers were telling the borrowers that the only way to get a favorable loan modification was by using the leverage they gained in a lawsuit).

inviting you to relax in rooms of grand scale with unexpected intimacy.

Woah, it almost reads like one of those steamy novels.  I need a cold shower after reading that!  Whew!

For some reason, I am constantly shocked that people think they can sell a home for more than 1M that has a garage door in the front elevation.

There was a major addition since the last sale; check out the 3-D photo on Redfin.  They added 2700 square feet (there went the yard!) and the “hotel” finishes to what had been a standard tract home.

Any information why the most expensive home sold last year in Irvine had a magical price of $5,777,777?

I hope somebody will add a couple millions and buy it for a more magical price.

http://www.xtranormal.com/watch/8196357/

Personally, I wouldn’t want to live in a home that looks like a hotel lobby.  I don’t think I can feel comfortable in a place like that.

This place looks totally different on Google Maps.  Did the owner mcmansionize it?

Aren’t places this expensive supposed to have at least one bathroom per bedroom and extra partial bathrooms for public areas?

It seems odd to me that it doesn’t, especially since a designer of hotels made it.  Interesting.