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  1. zubs_IHB

    Contamination under Irvine

    I know you guys talk about this problem on the VOC thread, but sometimes it's nice to get another thread on it and sometimes it's not. I guess it all depends. Like I didn't know that the toxins were that prevalent in Irvine. I thought just near and under the old marine base. I guess I...
  2. zubs_IHB

    One Year Anniversary 3.6.2009...

    Nice job on quitting. So was the 35 LBS gained from quitting?
  3. zubs_IHB

    Economic Commentary

    <strong>States turning to slot-machines to fill their budget holes</strong> Massachusetts is looking to place as many as 9,000 slot machines across the state to attract state residents who now gamble in Rhode Island and Connecticut. The state is also looking at privatizing the lottery...
  4. zubs_IHB

    AIG Reports $62 Billion Quarterly Loss

    I have a question about Market CAP. AIG shows that they have a market cap of $1.16 billion as of today. I guess that this means all their stock times the market price equals $1.16 billion. Now the government has given them 180 billion dollars. If the company is only worth 1.16 billion...
  5. zubs_IHB

    Stadium Lofts

    They're selling in the high 200's and low 300's now according to my price list.
  6. zubs_IHB

    Stadium Lofts

    Just a quick update on stadium lofts. I remembered reading about these apartments on IHB last year, and so when I drove by it this weekend I stopped in. The place was really nice looking, and there was only 1 other group of people besides me in the sales office. I told the sales lady...
  7. zubs_IHB

    PANDA's intention.

    i just came in to say BCD tofu house sux. ...carry on...
  8. zubs_IHB

    So where's the net...

    Today the DOW hit it's 1997 levels. Is the stock market a future indicator of the housing market?
  9. zubs_IHB

    What?s happening in Northwood II right now?

    it was an icycle gun...
  10. zubs_IHB

    What?s happening in Northwood II right now?

    If the gun wasn't found at the scene of the crime, how can it be ruled a suicide?
  11. zubs_IHB

    JPMorgan, Citigroup halting foreclosures

    Thanks for the chart you posted. I think it is a very nice illustration of what happens when government intervenes, but I have a question. Shouldn't Decembers NOD's be sky rocketing? All that downward pressure from OCT & NOV should have created an even bigger traffic jam in the back...
  12. zubs_IHB

    Lennar, Drywall & Lawsuit

    So far this problem seems to be only in Florida. I know Lennar built a bunch of houses in 2004 ~ 2006 here in S. California. I am wondering if the Chinese drywall was used here as well. Here is a link to an article if you want to read about it <a...
  13. zubs_IHB

    Foreign Competition for Irvine Real Estate

    The people in China don't trust their government, so they try to get their money out of China. US property is one such out.
  14. zubs_IHB

    Should we sell our townhouse in Pasadena before moving to Irvine?

    My example came from a friends house which he bought in 1979 for 90,000 and now it's worth about 450,000. He pays about $1,600 a year in property taxes. If he sells it, the house would be appraised at 450,000 tax base which is about $5,500 a year. Proposition 13 favors holding on to a...
  15. zubs_IHB

    Should we sell our townhouse in Pasadena before moving to Irvine?

    I'm just trying to use proposition 13 to it's full extent. The 2002 price of $300,000 has about a $3,500 property tax a year. The 2009 price of $321,640.60 has about a $3,700 property tax a year If the property were sold for $500,000 the tax would be about $5,700 a year. Are my...
  16. zubs_IHB

    Should we sell our townhouse in Pasadena before moving to Irvine?

    rent your pasadena home. Do not sell it. Once sold, the state will use the 500,000 as the new tax base to get property taxes. Your home is prob only using a 350,000 tax base right now. Why give the state more money. You can rent it with positive cash flow, and maybe one day you can...
  17. zubs_IHB

    How to cheat the mortgage system! The new American dream!

    So you are telling me if I had 500,000 in the bank, but I bought a house at peak for 1,000,000, and now it's 600,000, the bank won't be able to touch my 500,000 in the bank if I default? I can default on my mortgage even if I have tons of assets?
  18. zubs_IHB

    Real Housewives of OC update

    I thought these ladies pulled in $74,000 / episode. Or am I thinking of LC of the hills? Anyway, this TV show pays them, so maybe they can live rich like.
  19. zubs_IHB

    Raymond Hills, Fullerton

    Back in Highschool, we use to load up water balloons and drive up to the hills by CSUF and throw them at parked cars. The hills by CSUF was a place to "park" with your date and we were envious jerks. Sometimes the windows were opened up a bit to let out steam...and we would splash the...
  20. zubs_IHB

    Inflation vs. Deflation

    The renter at my office building is paying $2,000/month. He was offered $1,000/month to move to a smaller space. The owner of the building fearing vacancy slashed his rent to $1,300/month which worked.
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