Great Park Neighborhoods

[bones]

[quot.

 

[ak]

Sounds like if you are a FCB you would love to live at LR.  But if you are not a FCB it doesn't really matter what the price is......you wouldn't want your family living there.  Let's just be honest...

 

[test]

Landfill Ranch has a nice view of the water tank, cell tower, 241 freeway, and of course, the main centerpiece attraction which is the landfill.  It also serves as the buffer against the landfill for Pavilion Park.  PP > LR

 

[qwerty]

Sounds like if you are a FCB you would love to live at LR.  But if you are not a FCB it doesn't really matter what the price is......you wouldn't want your family living there.  Let's just be honest...

this is how i feel wherever i live, sometimes i think i should have bought in Santa Ana

 

[irvinehomeowner]

Sounds like if you are a FCB you would love to live at LR.  But if you are not a FCB it doesn't really matter what the price is......you wouldn't want your family living there.  Let's just be honest...

this is how i feel wherever i live, sometimes i think i should have bought in Santa Ana

They would think you are an FCB.

 

[Goriot]

You also have to consider HOA fees.  HOA fee in LR is $3,600 per year, which is NOT tax deductible.  HOA in CV is only about $1,380.  $3,600 - $1,380  = $2,220 per year after-tax.

So in After-tax terms, it's about $80,000 purchase price adjustment ($80,000 loan x 4% interest rate = $3,750 x (30% tax benefit) = $2,240. 

 

[qwerty]

Sounds like if you are a FCB you would love to live at LR.  But if you are not a FCB it doesn't really matter what the price is......you wouldn't want your family living there.  Let's just be honest...

this is how i feel wherever i live, sometimes i think i should have bought in Santa Ana

They would think you are an FCB.

didnt think about that. now that i think about it, im a man with no home :-(

 

[Irvinecommuter]

You also have to consider HOA fees.  HOA fee in LR is $3,600 per year, which is NOT tax deductible.  HOA in CV is only about $1,380.  $3,600 - $1,380  = $2,220 per year after-tax.

So in After-tax terms, it's about $80,000 purchase price adjustment ($80,000 loan x 4% interest rate = $3,750 x (30% tax benefit) = $2,240.

$300 a month???  Of course, you pay that with some condos but still $300?

 

[Irvinecommuter]

You also have to consider HOA fees.  HOA fee in LR is $3,600 per year, which is NOT tax deductible.  HOA in CV is only about $1,380.  $3,600 - $1,380  = $2,220 per year after-tax.

So in After-tax terms, it's about $80,000 purchase price adjustment ($80,000 loan x 4% interest rate = $3,750 x (30% tax benefit) = $2,240.

$300 a month???  Of course, you pay that with some condos but still $300?

Welcome to Irvine... where HoA's cost more than car payments.

Well...only in LR.  The HOA for SFRs in Stonegate is $105.

 

[test]

You also have to consider HOA fees.  HOA fee in LR is $3,600 per year, which is NOT tax deductible.  HOA in CV is only about $1,380.  $3,600 - $1,380  = $2,220 per year after-tax.

So in After-tax terms, it's about $80,000 purchase price adjustment ($80,000 loan x 4% interest rate = $3,750 x (30% tax benefit) = $2,240.

$300 a month???  Of course, you pay that with some condos but still $300?

Landfill abatement fee.  When that plastic liner starts leaking, the seepage will hit LR first.

 

[Irvinecommuter]

You also have to consider HOA fees.  HOA fee in LR is $3,600 per year, which is NOT tax deductible.  HOA in CV is only about $1,380.  $3,600 - $1,380  = $2,220 per year after-tax.

So in After-tax terms, it's about $80,000 purchase price adjustment ($80,000 loan x 4% interest rate = $3,750 x (30% tax benefit) = $2,240.

$300 a month???  Of course, you pay that with some condos but still $300?

Welcome to Irvine... where HoA's cost more than car payments.

Well...only in LR.  The HOA for SFRs in Stonegate is $105.

Kia Rio is only $78 / mo 

http://www.kiaofirvine.com/WeeklyAd

I thought you said car payments...

 

[Irvinecommuter]

You also have to consider HOA fees.  HOA fee in LR is $3,600 per year, which is NOT tax deductible.  HOA in CV is only about $1,380.  $3,600 - $1,380  = $2,220 per year after-tax.

So in After-tax terms, it's about $80,000 purchase price adjustment ($80,000 loan x 4% interest rate = $3,750 x (30% tax benefit) = $2,240.

$300 a month???  Of course, you pay that with some condos but still $300?

Welcome to Irvine... where HoA's cost more than car payments.

Well...only in LR.  The HOA for SFRs in Stonegate is $105.

Kia Rio is only $78 / mo 

http://www.kiaofirvine.com/WeeklyAd

I thought you said car payments...

it is a car payment - for a lease.  Not a loan. 

BTW, that is just a notional example, and no one should glean that i'm in any way preferential toward that dealer or any car dealer in OC. 

I'm not sure how to make small print appear on screen like the commercials and print ads explaining the terms of the lease.. or i would do it 

I was just making a joke about Kia is not being a car.

 

[irvinehomeowner]

@Tyler:

Small like this?

 

[usctrojancpa]

Sounds like if you are a FCB you would love to live at LR.  But if you are not a FCB it doesn't really matter what the price is......you wouldn't want your family living there.  Let's just be honest...

Many FCBers hate Mello Roos so not surprised if a lot of them bought in LR.

 

[usctrojancpa]

You also have to consider HOA fees.  HOA fee in LR is $3,600 per year, which is NOT tax deductible.  HOA in CV is only about $1,380.  $3,600 - $1,380  = $2,220 per year after-tax.

So in After-tax terms, it's about $80,000 purchase price adjustment ($80,000 loan x 4% interest rate = $3,750 x (30% tax benefit) = $2,240.

$300 a month???  Of course, you pay that with some condos but still $300?

Welcome to Irvine... where HoA's cost more than car payments.

Unless you live in West Irvine and have no HOA to deal with. 

 

[jamboreedude]

You also have to consider HOA fees.  HOA fee in LR is $3,600 per year, which is NOT tax deductible.  HOA in CV is only about $1,380.  $3,600 - $1,380  = $2,220 per year after-tax.

So in After-tax terms, it's about $80,000 purchase price adjustment ($80,000 loan x 4% interest rate = $3,750 x (30% tax benefit) = $2,240.

$300 a month???  Of course, you pay that with some condos but still $300?

Welcome to Irvine... where HoA's cost more than car payments.

Unless you live in West Irvine and have no HOA to deal with. 

Ugh... how i wish i was free from HoA tyranny  :'( .

It really feels like braveheart (with longshanks shaking down everyone)... you get to pay a fee in perpetuity each month for "questionable value" that the HoA provides.  And the fee never goes down, its only likely to go up over time. 

Maybe i'll go over to Quail hill and try to find out if anyone has (painted their faces 1/2 blue like william wallace?) risen against their HoA...

High HOA is kind of like a gatekeeper, it keeps the riffraff out! 

 

[ak]

You also have to consider HOA fees.  HOA fee in LR is $3,600 per year, which is NOT tax deductible.  HOA in CV is only about $1,380.  $3,600 - $1,380  = $2,220 per year after-tax.

So in After-tax terms, it's about $80,000 purchase price adjustment ($80,000 loan x 4% interest rate = $3,750 x (30% tax benefit) = $2,240.

$300 a month???  Of course, you pay that with some condos but still $300?

Welcome to Irvine... where HoA's cost more than car payments.

Unless you live in West Irvine and have no HOA to deal with. 

Ugh... how i wish i was free from HoA tyranny  :'( .

It really feels like braveheart (with longshanks shaking down everyone)... you get to pay a fee in perpetuity each month for "questionable value" that the HoA provides.  And the fee never goes down, its only likely to go up over time. 

Maybe i'll go over to Quail hill and try to find out if anyone has (painted their faces 1/2 blue like william wallace?) risen against their HoA...

High HOA is kind of like a gatekeeper, it keeps the riffraff out! 

So true....HOA's in Newport Beach/Coast are all in the high $500's and up.....but then again there is CDM or Laguna Beach that has no mello roos or HOAs.

 

[irvinehomeowner]

Since they were talking about this in the other CV thread... one thing I noticed in the $900k+ homes, standard counters and tile were a bit upgraded in the bathrooms. Noticed that in Lennar Rosemist and Shea Sagewood.

Is that the case in the other homes too?

 

[OCgasman]

Since they were talking about this in the other CV thread... one thing I noticed in the $900k+ homes, standard counters and tile were a bit upgraded in the bathrooms. Noticed that in Lennar Rosemist and Shea Sagewood.

Is that the case in the other homes too?

To me tile is still tile.  Doesn't belong in a $1M home.  I'm only referring to countertops, shower tile is personal decision.  Higher end homes come with standard granite in the kitchen which looks nice albeit very neutral and blas?.

 

[irvinehomeowner]

The countertops in either Shea, Lennar or both were not tile... I think they were Caesarstone.