Alone in the silence she wakes up too soon
And reaches for his arm
But she’ll just keep reachin’ on
For the cold hard truth revealed what it had known
That boy’s just
A walkaway Joe
Born to be a leaver
Tell you from the word go, destined to deceive her
He’s a wrong kinda paradise
She’s gonna know it in a matter of time
That boy’s just a walkaway Joe
Walkaway Joe — Trisha Yearwood
Doesn’t this song describe late bubble buyers with little or no money down?
Income Requirement: $112,475
Downpayment Needed: $89,980
Monthly Equity Burn: $3,749
Purchase Price: approximately $580,000
Purchase Date: Unknown
Address: 342 Quail Ridge, Irvine, CA 92603
|On Redfin:||2 days|
A Stunning Home! So many upgrades!Gourmet Kitchen with VENETIAN GOLD Granite Counters and Sit-Up Bar * Stainless Appliances, * Stunning Fireplace * Extensive Dark Maple Wood Floors (see pic’s) * Dark Wood Built-ins * Master Suite w/ Spacious Walk-in Closet and Hugh Master Bath w/ Custom Tumbled Turco Stone Tile * Dual Sinks * Separate Soaking Tub /Shower * Open Spacious Floorplan. Great Living Area With Nice Formal Dinning Room * Deluxe Garage * Recessed Lights * Gorgeous Upgrades * This Home Is SPOTLESS * * * * * SHOW LIKE A BRAND NEW HOME * * * * * A MUST SEE! Tax rate 1.4% including Mello Roos!
******** Asterisks **********
! exclamation points !
“SHOW LIKE A BRAND NEW HOME * * * * * A MUST SEE!”
And of course…
This listing manages to encapsulate every cliché known to realtors.
The carnage in Quail Hell continues. I don’t have an accurate purchase price and date, but inferring from the tax records, it appears this seller paid around $580,000. If he gets his asking price and pays a 6% commission, the loss will be around $160,000. I would imagine the lender will eat this one, but I can’t be sure. Notice the price on a per square foot basis: $300. This is a very low price for a small unit. It wasn’t long ago we were blogging about breaking the $500,000 barrier in Quail Hill, now we are about to break the $300 / SF barrier as well.
So how low will it go in Quail Hell?