Cause it will only, only drive you mad
Does it hurt to hear them lying?
Was this the only world you had? Oh-oh
Houses of the Holy — Led Zepplin
Todays property is a large SFD in the heart of Westpark, and it is going to sell at a loss. The entire market spectrum is showing weakness now.
Income Requirement: $204,750
Downpayment Needed: $163,800
Purchase Price: $865,000
Purchase Date: 1/6/2006
Address: 14 Posada, Irvine, CA 92414
1st Loan $691,840
Sq. Ft.: 2,000
$/Sq. Ft.: $410
Lot Size: 3,800 sq. ft.
Type: Single Family Residence
Year Built: 1986
Stories: Two Levels
On Redfin: 5 days
From Redfin, “READY ! 4 BR (1 BR/BA DOWNSTAIRS)HOME ~ APPROX 2000 SQ FT ~ FRESHLY PAINTED / GLAZED TILE FLOORS / LIGHT BERBER CARPET ~ LIGHT AND BRIGHT KITCHEN W/ STAINLESS REFRIGERATOR INCL ~ ‘1’ LOW ASSOCIATION ($46/MO) ~ FRONT ATRIUM FULLY LANDSCAPED/REAR YARD W/ PATIO COVER ~ FRENCH DOORS AND SHUTTERED THROUGHOUT ~ GREAT NEIGHBORHOOD IN DESIRABLE ‘WESTPARK’ !”
I GUESS IT IS ALL CAPS WEEK.
READY ! Do I need to be prepped for a listing?
Slashes and tildes, / how ~ interesting!
Do you think the champagne and the candle distract someone from the 1986 tile kitchen?
This owner stands to lose $95,140 assuming a 6% commission.
Another week has gone by, and we have seen a bevy of rollbacks. They aren’t difficult to find these days. For those of you who are not members of our forums, you should check out the thread on Losses Outside of Irvine. All of Orange County is getting hit. We have one asking price 38% off the peak in Anaheim!
I hope you are enjoying our tour of the ‘the seventh circle of real estate hell.’ Have a great weekend.