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Poll
What will the closing price be for IPO’s condo?
Below $570K 15
$570-580K 10
$581-590K 6
$591-600K 20
Above $600K 24
Total Votes: 75
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How much will IPO sell his place for?
Posted: 08 July 2008 07:46 PM   [ Ignore ]
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skek won the poll on how long it would take to hit escrow…  Let’s see who is astute enough to guess the closing price!

[ Edited: 08 July 2008 10:31 PM by graphrix ]
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Posted: 08 July 2008 07:52 PM   [ Ignore ]   [ # 1 ]
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I’ll say above $591 but below full list price. At least for this particular escrow. I hope your property doesn’t fall out of escrow and you have to start over. It sucks when that happens.

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Posted: 08 July 2008 08:32 PM   [ Ignore ]   [ # 2 ]
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It’s got to be pretty close to asking otherwise you would have waited a tad bit longer…....so I’m also guessing 591-600.

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Posted: 08 July 2008 08:36 PM   [ Ignore ]   [ # 3 ]
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I’m going to double down on the dynamic duo of ipop and IR2.  More than $600k.

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Posted: 08 July 2008 08:40 PM   [ Ignore ]   [ # 4 ]
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Crap, I messed up my own poll.  Can someone with much more power than I fix the first line? 

Ipo got busted for TMI. It was requested that I edit this comment.

Love,

graphcakes

[ Edited: 08 July 2008 10:44 PM by graphrix ]
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Posted: 08 July 2008 08:46 PM   [ Ignore ]   [ # 5 ]
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Congrats IR2 and Ipo!


That was perfect timing to list the house with the long weekend and all. Funny thing that I was the only IHB regular to see Ipo both days of the open house.
I’m betting that the house sold for over asking right around $605k. This almost feels like playing the price is right.
I guess you guys follow 111 Waterman’s lead. Less than a week from listing and it entered escrow just as I expected.

-Arctic

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Posted: 08 July 2008 09:00 PM   [ Ignore ]   [ # 6 ]
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arctichaze - 08 July 2008 08:46 PM

Congrats IR2 and Ipo!


That was perfect timing to list the house with the long weekend and all. Funny thing that I was the only IHB regular to see Ipo both days of the open house.
I’m betting that the house sold for over asking right around $605k. This almost feels like playing the price is right.
I guess you guys follow 111 Waterman’s lead. Less than a week from listing and it entered escrow just as I expected.

-Arctic

So what was your wife’s and inlaws feedback?  I didn’t see the love in your wife’s eyes…  She wants a more traditional and/or larger kitchen right?

Honestly, we were only so-so on the kitchen when we bought the place.  It grows on you though…  I definitely preferred the plan 4 kitchen in units like ours, which is much larger and can accomodate a decent-sized island.  I think plan 4’s like 111 Waterman will always sell well and hold value reasonably as they are a great layout and not much wasted space.  They don’t come on the market nearly as frequently…

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Posted: 08 July 2008 09:05 PM   [ Ignore ]   [ # 7 ]
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$608,000.

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Posted: 08 July 2008 09:09 PM   [ Ignore ]   [ # 8 ]
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ipoplaya - 08 July 2008 09:00 PM
arctichaze - 08 July 2008 08:46 PM

Congrats IR2 and Ipo!


That was perfect timing to list the house with the long weekend and all. Funny thing that I was the only IHB regular to see Ipo both days of the open house.
I’m betting that the house sold for over asking right around $605k. This almost feels like playing the price is right.
I guess you guys follow 111 Waterman’s lead. Less than a week from listing and it entered escrow just as I expected.

-Arctic

So what was your wife’s and inlaws feedback?  I didn’t see the love in your wife’s eyes…  She wants a more traditional and/or larger kitchen right?

Honestly, we were only so-so on the kitchen when we bought the place.  It grows on you though…  I definitely preferred the plan 4 kitchen in units like ours, which is much larger and can accomodate a decent-sized island.  I think plan 4’s like 111 Waterman will always sell well and hold value reasonably as they are a great layout and not much wasted space.  They don’t come on the market nearly as frequently…

Honestly it was the kitchen. She has a hard time accepting that our 1 bedroom has a bigger kitchen. Oddly enough I’m the one that cooks and I could manage with your kitchen. I would have placed and offer at 111 Waterman because like you said the kitchen was bigger and it includes the island plus the layout of the 1st floor gives it a SFR feel. But by the time we decided to visit the property, 2 days from the initial date of listing -it was already sold. Besides it closed for asking which was a tad bit over budget. Knowing that and after looking at you house I’m sure the frustrated buyers of 111 Waterman would definitely scoop up your house since its a better deal price wise.

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Posted: 08 July 2008 09:31 PM   [ Ignore ]   [ # 9 ]
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Right on IPO and IR2!!  After seeing the place in person, I knew it was going quick.  I’m saying $610k, if this is what somebody was looking for I can imagine they would want to make sure they locked it up before the next guy did.  When I told my wife that your place hit escrow that quick, she said (and she is WAY picky) that it was hands down the nicest staging of any resale house she had ever been in.  And we do a LOT of open houses. I agree with her.

Arctichaze—- just curious, you were not by chance the guy who made the statement on Saturday (while standing in the kitchen) “these floors will hold up great to someone walking on with heels, they won’t get damaged”—- to which his girl said “is there something you are not telling me??!!“.  I figured that had to be an IHB couple, and just trying to figure out who it was….

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Posted: 08 July 2008 10:33 PM   [ Ignore ]   [ # 10 ]
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ipoplaya - 08 July 2008 08:40 PM

Crap, I messed up my own poll.  Can someone with much more power than I fix the first line?

I fixed your poll. As much as I didn’t want to touch your poll, I still did it. Now, you can’t say “What have ever done for me graph?“

[ Edited: 08 July 2008 10:45 PM by graphrix ]
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Posted: 08 July 2008 10:37 PM   [ Ignore ]   [ # 11 ]
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skek - 08 July 2008 08:36 PM

I’m going to double down on the dynamic duo of ipop and IR2.  More than $600k.

I have to go with, the trend is your friend, hypothesis and say over $600k. But, I do know IR2’s pricing theory, and how he tries to find that “one” buyer.

Congrats to Ipo and IR2! Job well done by the both of you. An especially good job by IR2, not only for doing the listing right, but for not letting Ipo’s stubbornness win.

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Posted: 08 July 2008 11:03 PM   [ Ignore ]   [ # 12 ]
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CK - 08 July 2008 09:31 PM

Right on IPO and IR2!!  After seeing the place in person, I knew it was going quick.  I’m saying $610k, if this is what somebody was looking for I can imagine they would want to make sure they locked it up before the next guy did.  When I told my wife that your place hit escrow that quick, she said (and she is WAY picky) that it was hands down the nicest staging of any resale house she had ever been in.  And we do a LOT of open houses. I agree with her.

Arctichaze—- just curious, you were not by chance the guy who made the statement on Saturday (while standing in the kitchen) “these floors will hold up great to someone walking on with heels, they won’t get damaged”—- to which his girl said “is there something you are not telling me??!!“.  I figured that had to be an IHB couple, and just trying to figure out who it was….

What’s up CK? Yeah that was me and my wife. I think I remember who you were. The reason for my statement was my wife wears heels to work on a daily basis and I’ve seen those things destroy floors and even my rubber floor mats in my car. But like I said laminated flooring can survive against the wrath of high heels.

My wife had the similar comment “That’s the best staged resale ever, it looks like a model home” 81 Sapphire came 2nd in the West Irvine area. I don’t know if you saw that open house.

[ Edited: 08 July 2008 11:06 PM by arctichaze ]
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Posted: 08 July 2008 11:45 PM   [ Ignore ]   [ # 13 ]
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arctichaze - 08 July 2008 11:03 PM
CK - 08 July 2008 09:31 PM

Right on IPO and IR2!!  After seeing the place in person, I knew it was going quick.  I’m saying $610k, if this is what somebody was looking for I can imagine they would want to make sure they locked it up before the next guy did.  When I told my wife that your place hit escrow that quick, she said (and she is WAY picky) that it was hands down the nicest staging of any resale house she had ever been in.  And we do a LOT of open houses. I agree with her.

Arctichaze—- just curious, you were not by chance the guy who made the statement on Saturday (while standing in the kitchen) “these floors will hold up great to someone walking on with heels, they won’t get damaged”—- to which his girl said “is there something you are not telling me??!!“.  I figured that had to be an IHB couple, and just trying to figure out who it was….

What’s up CK? Yeah that was me and my wife. I think I remember who you were. The reason for my statement was my wife wears heels to work on a daily basis and I’ve seen those things destroy floors and even my rubber floor mats in my car. But like I said laminated flooring can survive against the wrath of high heels.

My wife had the similar comment “That’s the best staged resale ever, it looks like a model home” 81 Sapphire came 2nd in the West Irvine area. I don’t know if you saw that open house.

Yep.  You had both “outed” yourselves to me, but I didn’t know if you wanted to share that with each other.

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Posted: 09 July 2008 07:43 AM   [ Ignore ]   [ # 14 ]
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Indeed, grats!    It goes to show you, what pricing it right, good pictures / staging, and a good agent will do. You’ll never ever chase the market down. 

hehe, now ipoplaya can start looking for his next move up house smile  (I would wait till at least January).  Grats.

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Posted: 09 July 2008 07:47 AM   [ Ignore ]   [ # 15 ]
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ipoplaya - 08 July 2008 08:40 PM

Crap, I messed up my own poll.  Can someone with much more power than I fix the first line? 

Ipo got busted for TMI. It was requested that I edit this comment.

Love,

graphcakes

That IR2 guy sure is a paranoid one…  Purely public info Deuce, purely public.  Would someone really make an offer to purchase a home without at least a glance at the comps?!

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Posted: 09 July 2008 07:53 AM   [ Ignore ]   [ # 16 ]
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ipoplaya - 09 July 2008 07:47 AM

That IR2 guy sure is a paranoid one…  Purely public info Deuce, purely public.  Would someone really make an offer to purchase a home without at least a glance at the comps?!

Especially after the description invited it.  tongue wink

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Posted: 09 July 2008 08:02 AM   [ Ignore ]   [ # 17 ]
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Congrats on the sale…. my vote is for $601k tongue wink

This house sold just as quickly as houses would have during the bubble… just goes to show ya houses what good pictures, realtor and pricing does.

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Posted: 09 July 2008 08:25 AM   [ Ignore ]   [ # 18 ]
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Ipop,
Congrats!
Priced it right and it got taken down fast.
I voted for $600k, since you’re cheap like that.
No way you’d let it go this fast at anything less than full list price.

All that remains is for CK to qualify for the mortgage.
Stop pretending; everyone here sees the love flowing freely between both of you.
Straight guys don’t go see Brokeback Mountain together, or sing Careless Whisper
Like you guys did in CK’s Honda.
His “wife” told me.

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Posted: 09 July 2008 08:37 AM   [ Ignore ]   [ # 19 ]
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Someday the buyer will google his own address and find these threads…

*skek waves to the buyer of ipop’s home who is reading this in the future*

Seriously, whenever I’m looking at a house, I google the address.  Sometimes you find additional info or pictures.  Sometimes you get interesting info about the owners.  Sometimes you find, ahem, unpermitted businesses being run out of the house.  Sometimes you discover IHB and the wrath of IrvineRenter.  That’s how I found IHB, by the way—by googling a house I was looking at.

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Posted: 09 July 2008 08:39 AM   [ Ignore ]   [ # 20 ]
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Wouldn’t it funny if IPO sells his place for more than $600k to the Rich Foreign China Man, and his home value tanks to $430,000 by 2010? Panda will write a post card to him in Chinese : “Ching Chong Fa Gu Ne Ha MA!“ P.S. “YOU ARE SCREWED!“

IPO sets sail on his lovely boat with a big smile with $240,000 cash in his pocket, watching the Titanic Ship sinking in front of his eyes.

IR2 and IPO, You are guys awesome! Panda is following your foot steps in selling his Cage in the midwest.

“Trying to sell your home? These guys know how to execute.“
Now I know why few real estate agents like IR2 live in a $1Million plus mansions, while many RE agents in Irvine are renting two bedroom apartments.

[ Edited: 09 July 2008 09:19 AM by PANDA ]
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Posted: 09 July 2008 08:52 AM   [ Ignore ]   [ # 21 ]
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tenmagnet - 09 July 2008 08:25 AM

Ipop,
Congrats!
Priced it right and it got taken down fast.
I voted for $600k, since you’re cheap like that.
No way you’d let it go this fast at anything less than full list price.

All that remains is for CK to qualify for the mortgage.
Stop pretending; everyone here sees the love flowing freely between both of you.
Straight guys don’t go see Brokeback Mountain together, or sing Careless Whisper
Like you guys did in CK’s Honda.
His “wife” told me.

“Time can never mend the careless whispers of a good friend”...  CK and I have the geeked out accounting and finance brutha bond.  We penny-pinchers love to roll in the Honda-Toyota-Nissan crowd.  More ba-ba-bang for the buck.

You need to find someone besides graphcakes for a good bromance Tenmag.  I know you share the True Religion love, but he’s not good for you.  He’ll end up casting you aside in favor of IR2’s considerable analytical skills.  Graph just loves the numbers too much…

[ Edited: 09 July 2008 08:55 AM by ipoplaya ]
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Posted: 09 July 2008 09:14 AM   [ Ignore ]   [ # 22 ]
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ipoplaya - 09 July 2008 08:52 AM
tenmagnet - 09 July 2008 08:25 AM

All that remains is for CK to qualify for the mortgage.
Stop pretending; everyone here sees the love flowing freely between both of you.
Straight guys don’t go see Brokeback Mountain together, or sing Careless Whisper
Like you guys did in CK’s Honda.
His “wife” told me.

“Time can never mend the careless whispers of a good friend”...  CK and I have the geeked out accounting and finance brutha bond.  We penny-pinchers love to roll in the Honda-Toyota-Nissan crowd.  More ba-ba-bang for the buck.

You need to find someone besides graphcakes for a good bromance Tenmag.  I know you share the True Religion love, but he’s not good for you.  He’ll end up casting you aside in favor of IR2’s considerable analytical skills.  Graph just loves the numbers too much…

Not me, Ten….I would have been down for IPO’s place—- but the wife took a look at the price, did some quick back of the napkin calcs, and decided that at $600k it would end up costing her at least one new LV or Gucci bag per year.  So I could only get authorization for my official offer of $500,000.01. 

And unfortunately the bromonace with IPO ended as soon as he found out I was rolling on those stock 16’s with my Honda Pilot.  Said he needed to hang with someone a little more pimp than that.  In one last attempt to win him over I said I got me some 17’s on the Accord—- but IPO said he can’t roll with nothing less than 20’s.

[ Edited: 09 July 2008 11:14 AM by CK ]
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Posted: 09 July 2008 09:38 AM   [ Ignore ]   [ # 23 ]
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ipoplaya - 09 July 2008 08:52 AM

“Time can never mend the careless whispers of a good friend”...  CK and I have the geeked out accounting and finance brutha bond.  We penny-pinchers love to roll in the Honda-Toyota-Nissan crowd.  More ba-ba-bang for the buck.

Accountant?
I thought CK was a hairdresser.
Weren’t those his pumps in your place?

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Posted: 09 July 2008 09:42 AM   [