Yeah, no kidding.

At that point it wouldn’t matter anyway, I’ll never be able to afford it.

I am sorry to rehash this post but I was shocked at the new list price.

Drum roll please:

$1,359,000!!!! 

Original Purchase price (12/30/2005):  $1,751,000

Total:  Loss (including commission):  $473,540 (28% drop).

            Loss (w/o commission):  $392,000 (22.4% drop)

What is worse is that the price change occurred in Jan. 30.  So no takers for over a month after dropping the price more than 20 percent.

www.redfin.com/stingray/do/printable-listing

Problem for Triple Leaf is that the plan 2 Juliets Balcony on Twiggs took $1.285M.  Even though Triple Leaf is way more upgraded, it’s hard to convince a would-be buyer of that.  I’d think Triple Leaf should be able to get into escrow for $1.25M if they’d take it…
There’s a lesson here, don’t ever buy the model.  They are way overpriced and the over-decoration makes them less appealing to some buyers.

just checked that listing, and, apparently, it’s been taken off the market. Do they read our posts? Maybe.

blackacre - Which one is off the market?  Triple Leaf listing appears to be active still…

33 Triple Leaf is back!  A little over a year!

http://www.redfin.com/CA/Irvine/33-Triple-Leaf-92620/home/5958335