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Real Housewives of OC update
Posted: 04 November 2009 08:24 PM   [ Ignore ]   [ # 326 ]
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morekaos - 12 November 2008 04:57 AM

Wow Vicki has dropped a total of $100,000.00 in 173 days? That Jeana is one shrewd agent with a first rate pricing strategy.  She sure knows how to move real estate.

http://www.redfin.com/CA/Coto-De-Caza/2-Altimira-92679/home/11913320

You think Viki is getting nervous when her neighbor (3 houses down) has collapsed into a huge pricing sink hole?

Viki’s house

Hole down the street

Oct 29, 2009 Relisted—— CARETS #U9003016
Sep 24, 2009 Price Changed $699,900 — CARETS #U9003016
Jul 09, 2009 Delisted—— CARETS #U9003016
Jul 07, 2009 Sold $1,115,980 2.2%/yr Public Records
Jul 03, 2009 Listed $706,900 — CARETS #U9003016
Aug 29, 2005 Sold $1,027,500 7.4%/yr Public Records

[ Edited: 04 November 2009 08:30 PM by morekaos ]
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Posted: 04 November 2009 09:09 PM   [ Ignore ]   [ # 327 ]
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morekaos - 05 November 2009 04:24 AM
morekaos - 12 November 2008 04:57 AM

Wow Vicki has dropped a total of $100,000.00 in 173 days? That Jeana is one shrewd agent with a first rate pricing strategy.  She sure knows how to move real estate.

http://www.redfin.com/CA/Coto-De-Caza/2-Altimira-92679/home/11913320

You think Viki is getting nervous when her neighbor (3 houses down) has collapsed into a huge pricing sink hole?

Viki’s house

Hole down the street

Oct 29, 2009 Relisted—— CARETS #U9003016
Sep 24, 2009 Price Changed $699,900 — CARETS #U9003016
Jul 09, 2009 Delisted—— CARETS #U9003016
Jul 07, 2009 Sold $1,115,980 2.2%/yr Public Records
Jul 03, 2009 Listed $706,900 — CARETS #U9003016
Aug 29, 2005 Sold $1,027,500 7.4%/yr Public Records

She’s just about the only one with money, but you can tell she’s defintiely not happy she listened to Jeana.

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Posted: 04 November 2009 09:25 PM   [ Ignore ]   [ # 328 ]
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morekaos - 05 November 2009 04:24 AM
morekaos - 12 November 2008 04:57 AM

Wow Vicki has dropped a total of $100,000.00 in 173 days? That Jeana is one shrewd agent with a first rate pricing strategy.  She sure knows how to move real estate.

http://www.redfin.com/CA/Coto-De-Caza/2-Altimira-92679/home/11913320

You think Viki is getting nervous when her neighbor (3 houses down) has collapsed into a huge pricing sink hole?

Viki’s house

Hole down the street

Oct 29, 2009 Relisted—— CARETS #U9003016
Sep 24, 2009 Price Changed $699,900 — CARETS #U9003016
Jul 09, 2009 Delisted—— CARETS #U9003016
Jul 07, 2009 Sold $1,115,980 2.2%/yr Public Records
Jul 03, 2009 Listed $706,900 — CARETS #U9003016
Aug 29, 2005 Sold $1,027,500 7.4%/yr Public Records

She bought the nicest property on the block by a long shot.  As the rest of Meritage sinks, her home gets wasted.  IMO, the remodel was much fluff and not much on substance or improvement; in other words, a total waste of money.

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Posted: 10 November 2009 12:33 PM   [ Ignore ]   [ # 329 ]
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Who says short sales — or homes in Ladera Ranch — can’t sell?
The Ladera family home of Tamra Barney, one of cable TV’s “Real Housewives of Orange County,” is in escrow. It had been listed as a “short sale” for $1.149 million. (Late last year, the 4,300-square-foot, 5-bedroom, 5.5-bathroom home — was listed at $1.6 million.)

Bye-Bye Tamara’s house…Hello big fat tax loss!!

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Posted: 10 November 2009 01:59 PM   [ Ignore ]   [ # 330 ]
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morekaos - 10 November 2009 08:33 PM

Who says short sales — or homes in Ladera Ranch — can’t sell?
The Ladera family home of Tamra Barney, one of cable TV’s “Real Housewives of Orange County,” is in escrow. It had been listed as a “short sale” for $1.149 million. (Late last year, the 4,300-square-foot, 5-bedroom, 5.5-bathroom home — was listed at $1.6 million.)

Bye-Bye Tamara’s house…Hello big fat tax loss!!

She’s ok on the fed tax side, right?  May just be on the hook for the state tax on the cancelled debt?

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Posted: 10 November 2009 02:34 PM   [ Ignore ]   [ # 331 ]
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JVNA - 10 November 2009 09:59 PM
morekaos - 10 November 2009 08:33 PM

Who says short sales — or homes in Ladera Ranch — can’t sell?
The Ladera family home of Tamra Barney, one of cable TV’s “Real Housewives of Orange County,” is in escrow. It had been listed as a “short sale” for $1.149 million. (Late last year, the 4,300-square-foot, 5-bedroom, 5.5-bathroom home — was listed at $1.6 million.)

Bye-Bye Tamara’s house…Hello big fat tax loss!!

She’s ok on the fed tax side, right?  May just be on the hook for the state tax on the cancelled debt?

I was just tongue and cheek joking but since the bank takes the majority of this hit I don’t think the Barney’s will get any tax benefits from the short sale. We (taxpayers) will eat the loss for their bad decisions.

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Posted: 10 November 2009 02:54 PM   [ Ignore ]   [ # 332 ]
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I look forward to her new show, “Real Housewife of the Trailer Park”.

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Posted: 10 November 2009 03:31 PM   [ Ignore ]   [ # 333 ]
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^ Sorry, couldn’t resist . . .

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Posted: 10 November 2009 04:02 PM   [ Ignore ]   [ # 334 ]
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SoOCOwner - 10 November 2009 11:31 PM

^ Sorry, couldn’t resist . . .

LMAO

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Posted: 10 November 2009 04:35 PM   [ Ignore ]   [ # 335 ]
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morekaos - 10 November 2009 10:34 PM
JVNA - 10 November 2009 09:59 PM
morekaos - 10 November 2009 08:33 PM

Who says short sales — or homes in Ladera Ranch — can’t sell?
The Ladera family home of Tamra Barney, one of cable TV’s “Real Housewives of Orange County,” is in escrow. It had been listed as a “short sale” for $1.149 million. (Late last year, the 4,300-square-foot, 5-bedroom, 5.5-bathroom home — was listed at $1.6 million.)

Bye-Bye Tamara’s house…Hello big fat tax loss!!

She’s ok on the fed tax side, right?  May just be on the hook for the state tax on the cancelled debt?

I was just tongue and cheek joking but since the bank takes the majority of this hit I don’t think the Barney’s will get any tax benefits from the short sale. We (taxpayers) will eat the loss for their bad decisions.

It isn’t tax benefit that they would be looking at, it is tax liability.  Forgiven debt (the difference between the short sale amount and the outstanding loan balance) is supposed to be treated as income by the borrower.  Frequently it hasn’t been because the bank doesn’t report it.  But if the bank were to report it, they could be liable for income taxes on the amount of forgiven debt.  At least that is my understanding of it.

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Posted: 10 November 2009 09:23 PM   [ Ignore ]   [ # 336 ]
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Simon’s Booming Tequila Biz

El Conde Tequila…only the best will do when your jealous wife wants to get her competition “naked wasted”

I guess Simon is still the “breadwinner” in that mess of a marriage?

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Posted: 10 November 2009 09:34 PM   [ Ignore ]   [ # 337 ]
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renbac - 11 November 2009 05:23 AM

Simon’s Booming Tequila Biz

El Conde Tequila…only the best will do when your jealous wife wants to get her competition “naked wasted”

I guess Simon is still the “breadwinner” in that mess of a marriage?

Just shows what good marketing can do. Ask the guy who had the bright idea to turn a simple aperitif into a shot drink (Jaggermeister) or the brainchild who started to market the crappiest part of a wine press and elevated it to a high end drink (for about 6 months), Grappa. I doubt Simon has the brains or luck to do that

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Posted: 15 November 2009 04:38 AM   [ Ignore ]   [ # 338 ]
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Three of the Howives will be on Dr. Phil this week:


Thursday - November 19, 2009

Biggest Financial Mistakes

Are your extravagant ways about to send you to the poorhouse? Dr. Phil explains the five biggest financial mistakes you could be making. Brad and Yvonne had a 3,200 square foot house, went on expensive vacations and hosted lavish parties for their friends. Now they say they live in a trailer in Yvonne’s parents’ backyard. In spite of their dire financial straits, Yvonne says her husband still wants to purchase a $1,800 watch! What’s behind Brad’s urge to splurge? Can the couple ever get out from under their mound of debt? And, the economic downturn is even forcing the wealthy to downsize. Dr. Phil talks to Vicki, Gina [sic] and Lynne of the Real Housewives of Orange County about how the cash crunch is affecting them. Find out what happened when Gina [sic] asked Vicki to borrow money. Plus, a top Hollywood divorce attorney shares some of the top mistakes women make when it comes to money and marriage.


Also, look for the Howives sharing their financial prowess at a Learning Annex class near you. Kidding.

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Posted: 25 November 2009 05:28 PM   [ Ignore ]   [ # 339 ]
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Well, after watching 3 episodes it is amazing that a show about millionaire OC housewives only has one (maybe Viki) who has any kind of net worth left. Now, instead of watching, and supposedly envying, a bunch of rich, savvy, kept women spend freely and easily, we are watching the financial ruin of 80% of the characters we had invested so much time in. What a total 180 degree spin out. This show is now about something entirely different from what it started out to present.

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Posted: 25 November 2009 09:35 PM   [ Ignore ]   [ # 340 ]
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Well, I tried. While I can give myself some leeway to consider Million Dollar Listing an unnecessary indulgence, five minutes of this show and I just can’t give myself that much leeway. Ugh, it’s just awful.

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Posted: 30 November 2009 01:07 PM   [ Ignore ]   [ # 341 ]
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use hulu.com if you wanna watch whatever show that is talked about here.  You can watch it right now.

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