IrvineMom_IHB
New member
<p>brealiving - Do these buyers have super agents helping them? Or they buy from FSBO's</p>
Forclosures in Irvine - ZIP 92602
- Thread starter IrvineMom_IHB
- Start date
NEW -> Contingent Buyer Assistance Program
brealiving_IHB
New member
I believe they buy properties listed on the MLS. They have atleast 4 properties in the 92602 with Notice of Defaults. I'm assuming they'll likely end up as short sales or foreclosures. One is up on MLS as a short sale now.
muffdaddy_IHB
New member
No luck in finding the floorplans, but through some google and ziprealty sleuthing, I found an interesting article on the area of the Antique Rose house.
<a href="http://www.housingzone.com/probuilder/article/CA466684.html?text=the+arbors">http://www.housingzone.com/probuilder/article/CA466684.html?text=the+arbors</a>
<a href="http://myinteriors.net/id14.html"> http://myinteriors.net/id14.html</a>
Fun Facts:
- Development is called The Arbors by Fieldstone.
- Designs built with handicap access in mind
- First Phase: Approx 1/1/04. Price Range then: $870k - $1.07 Mill
- 10th Sales Release: Approx 6/1/04. Price Range then: $990k - $1.28 Mill
- As of today, there are 4 houses in The Arbors for sale:
a. 30 Antique Rose, (in process of foreclosure) This is probably a Plan 2 w/ Attic (adds 360 sq ft). Listed 63 days $1.975 Mill. 4229 sq ft.
b. 23 Purple Moor, Plan 2 w/ Attic. Listed 4 days for $1.799 Mill. (In Foreclosure too??? According to an above post another 23 "Antique Rose" with Foreclosure activity) 3700 sq ft.
c. 31 Early Light, Plan 2 w/o Attic. Listed 47 days for $1.799 Mill. 3640 sq ft.
d. 39 Trailing Ivy, Plan 3. Listed 201 days (!) for $1.949 Mill. 3965 sq ft.
This is pretty funny. Almost one house up for sale for almost each street of The Arbors. I believe there are only six streets in the Arbors - Trailing Ivy, Purple Moor, Parasol, Lily Pool, Antique Rose, Early Light. And Purple Moor and Parasol are really half-streets.
Through MLS, saw a comp in the Arbors that sold for about $1.5 Million May 2006.
This is as bad or even worse than the flippers in Quail Hill. Quail Hill can argue a location premium (I suppose...). I seriously doubt any pre-foreclosure deal can be worked out in this Antique Rose case - the seller doesn't have a significant amount of equity that was due to actual payments. Most of the equity is probably due to the appreciation of the house (appreciation in their mind's eye). That explains the bare-bones MLS listing on the house. It's ok, if I want to see what the interior looks like, I'll take a look at 31 Early Light and 23 Purple Moor, which are identical plans.
Boy, am I underwhelmed.
<a href="http://www.housingzone.com/probuilder/article/CA466684.html?text=the+arbors">http://www.housingzone.com/probuilder/article/CA466684.html?text=the+arbors</a>
<a href="http://myinteriors.net/id14.html"> http://myinteriors.net/id14.html</a>
Fun Facts:
- Development is called The Arbors by Fieldstone.
- Designs built with handicap access in mind
- First Phase: Approx 1/1/04. Price Range then: $870k - $1.07 Mill
- 10th Sales Release: Approx 6/1/04. Price Range then: $990k - $1.28 Mill
- As of today, there are 4 houses in The Arbors for sale:
a. 30 Antique Rose, (in process of foreclosure) This is probably a Plan 2 w/ Attic (adds 360 sq ft). Listed 63 days $1.975 Mill. 4229 sq ft.
b. 23 Purple Moor, Plan 2 w/ Attic. Listed 4 days for $1.799 Mill. (In Foreclosure too??? According to an above post another 23 "Antique Rose" with Foreclosure activity) 3700 sq ft.
c. 31 Early Light, Plan 2 w/o Attic. Listed 47 days for $1.799 Mill. 3640 sq ft.
d. 39 Trailing Ivy, Plan 3. Listed 201 days (!) for $1.949 Mill. 3965 sq ft.
This is pretty funny. Almost one house up for sale for almost each street of The Arbors. I believe there are only six streets in the Arbors - Trailing Ivy, Purple Moor, Parasol, Lily Pool, Antique Rose, Early Light. And Purple Moor and Parasol are really half-streets.
Through MLS, saw a comp in the Arbors that sold for about $1.5 Million May 2006.
This is as bad or even worse than the flippers in Quail Hill. Quail Hill can argue a location premium (I suppose...). I seriously doubt any pre-foreclosure deal can be worked out in this Antique Rose case - the seller doesn't have a significant amount of equity that was due to actual payments. Most of the equity is probably due to the appreciation of the house (appreciation in their mind's eye). That explains the bare-bones MLS listing on the house. It's ok, if I want to see what the interior looks like, I'll take a look at 31 Early Light and 23 Purple Moor, which are identical plans.
Boy, am I underwhelmed.
SoCalWatcher_IHB
New member
Wanna see something interesting? Go to forclosure.com and look at the info for zip code 90210..... Apparantly, paying property taxes is not trendy in Beverly Hills....