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  1. usctrojancpa

    Contingent Buyer Assistance Program

    I've always been good identifying problems and then trying to solve them because my clients always come first. Since Covid it has been almost impossible for contingent buyers to purchase homes so the 2 above options is what I came up with to solve the problem of my contingent buyers. Now that...
  2. usctrojancpa

    Contingent Buyer Assistance Program

    Great question IHO. No, thankfully I've never had any issues with the clients that I've done this far. They would get a loan pre-approval from one of my lenders before we would start the process so that way I knew they were good to go. That being said, if they experienced a job loss or other...
  3. usctrojancpa

    Contingent Buyer Assistance Program

    Background: In mid-2020, the Orange County real estate market had become more and more competitive. Lower inventory levels resulted in contingent buyers getting shut out of purchasing their new homes. You may ask, what is a contingent buyer? A contingent buyer is someone who is resting on or is...
  4. usctrojancpa

    Contingent Buyer Assistance Program

    Background: In mid-2020, the Orange County real estate market had become more and more competitive. Lower inventory levels resulted in contingent buyers getting shut out of purchasing their new homes. You may ask, what is a contingent buyer? A contingent buyer is someone who is resting on or is...
  5. usctrojancpa

    Lower priced parts of Irvine?

    You'll need to be in the $1.5m+ if you want t buy an older small single story home in Irvine. The prices for those types of homes are now selling over $1,000/sf (I sold 5 Williams last month fr $1.55m r right around $1,030/sf).
  6. usctrojancpa

    The journey of OC2SV back to OC - with the aid of Martin

    It was an absolute pleasure with you both on both transactions. I'd be lying if I didn't say that I was a little nervous stepping outside of SoCal to list a NorCal home but my broker got me in contact with the broker up in the South San Jose office who helped me to list the home for sale and...
  7. usctrojancpa

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    Yes that's because it's a single story home. Single story home on average sell for about 20% more than two story homes of similar size and location.
  8. usctrojancpa

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    The home was purchased by the seller from Lennar in 2016 for $1,220,000.
  9. usctrojancpa

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    Irvine prices did decrease about 9% from May 2022 to the end of 2022. Then in 2023 prices started rising and that happen around the same time that China lifted their covid zero policy.
  10. usctrojancpa

    New Listing - Shady Hollow Plan 2 Single-Story SFR @ Northwood (5 Williams)

    The buyer was a financed buyer who had a lease that wasn't expiring until the end of July so their offer had a 45-day closing and their offer was materially higher than the back-up offer who had a 30-day closing.
  11. usctrojancpa

    New Listing - Shady Hollow Plan 2 Single-Story SFR @ Northwood (5 Williams)

    I am seeing it more and more in Orange County.
  12. usctrojancpa

    New Listing - Shady Hollow Plan 2 Single-Story SFR @ Northwood (5 Williams)

    Great question. It depends on the listing agent but I only take the pictures down if either the buyer or seller asks me to take the pictures down. In the case of Williams, the buyer agent asked me if I could take the pictures down before I change the listing to Closed status on MLS because...
  13. usctrojancpa

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    That yard is so small, can you even put a patio outside? What good is a view lot if you can't even enjoy it being outside because of the tiny yard.
  14. usctrojancpa

    New Listing - Shady Hollow Plan 2 Single-Story SFR @ Northwood (5 Williams)

    Got word from escrow that the transaction closed this afternoon. The final sales price was $1,550,000 or $60,000 above the list price. Congrats to both the buyer and seller.
  15. usctrojancpa

    Need help

    I would highly recommend not buying a 1-bedroom condo as those are hard to sell, try to buy a 2 or 3 bedroom condo.
  16. usctrojancpa

    New Listing - View Lot Home in La Habra @ Country Hills West (641 Teakwood Ave)

    Got word from escrow earlier this afternoon that we closed today. I represented both the buyer and seller on this transaction. The final sales price was $1,485,000 which was the net of my commission rebate and credit in lieu of repairs (original contract price was $1,500,000). Congrats to the...
  17. usctrojancpa

    Newer Irvine listings with crazy WTF asking prices from equity sellers

    Yes, the upper end of the market is starting to soften and increase is growing.
  18. usctrojancpa

    ICE or EV?

    Told my dealer that I want the Macan Turbo EV. :D
  19. usctrojancpa

    Las Vegas landlord shocked by number of people desperate to rent his 160-square-foot unit for $950/month

    Why, what's s special about it? There are a ton of apartments and private rentals in Irvine available for rent.
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