Losses Outside of Irvine

NEW -> Contingent Buyer Assistance Program
<a href="http://www.redfin.com/CA/Whittier/6224-Citrus-90601/home/7813149"> 6224 Citrus Whittier, CA 90601</a>

<strong>

<u>Sales History (of a bubble)</u></strong>



Date Price Appreciation

Sep 11, 1990 $149,000

Mar 04, 2003 $179,000

Aug 02, 2005 $350,000

<span style="color: red;"><strong>Jul 20, 2006 $420,000</strong></span>

<strong>

Listing Price: $199,000</strong>



<img src="http://i-0.rfimg.us/photo/46/midphoto/132/genMid.P631132_1.jpg" alt="" />



<img src="http://i-0.rfimg.us/photo/46/bigphoto/132/P631132_1_1.jpg" alt="" />
 
<a href="http://www.redfin.com/CA/WHITTIER/14007-DANBROOK-Dr-90605/home/7823288/claw-08-267047"> 14007 DANBROOK Dr WHITTIER, CA 90605</a>

Beds: 2

Baths: 1

SQ.FT.: 1,112



Sales History

Dec 29, 1997 $132,000

Jan 28, 2003 $240,000

Nov 04, 2005 $485,000

<span style="color: red;"><strong>Jun 23, 2006 $550,000 </strong></span>

Nov 21, 2007 $369,750



<strong>Listing Price: $294,900</strong>



<img src="http://i-0.rfimg.us/photo/40/midphoto/047/genMid.08-267047_4.jpg" alt="" />
 
<blockquote>6224 Citrus Whittier, CA 90601



Sales History (of a bubble)



Date Price Appreciation

Sep 11, 1990 $149,000

Mar 04, 2003 $179,000

Aug 02, 2005 $350,000

Jul 20, 2006 $420,000



Listing Price: $199,000 </blockquote>


Ouch! That belongs in the 50% off thread! And the hangars are funny.
 
What amazes me is how fast some of these properties were lost. Danville bought June 23, 2006. So, first mortgage payment wasn't due until Aug 1. By Nov 21st, 2007 the bank had taken it back, so they made what, 6 payments? It's like they put less thought into buying a home than most of us put into buying a car.
 
<a href="http://www.redfin.com/CA/Orange/133-E-Locust-Ave-92867/home/4361440">Ah... good old Orange for stepping up on this 31% loss, and I think I am reposting, but check out the new agent description</a>!!!!!



http://i-0.rfimg.us/photo/46/bigphoto/769/S531769_0.jpg



I HOPE YOU LIKE IT BETTER AFTER OUR 20K REDUCTION!!!! (Not really much of reduction, and no... I still do not like it. And, why are you yelling at me?) BEAT THE BANK!!! (Why? It is more fun to watch the explanation points disappear as it is to get a better deal) THE MOST AFFORDABLE 3 BEDROOM 2 BATHS IN ORANGE!!! (It will just be more affordable when the bank prices it at $299k) A MUST SEE IF YOU ARE SHOPPING AROUND FOR A BARGAIN!!! (I have seen it, and it is no bargain, but I will keep shopping... thanks. And, stop yelling and using explanation points like a crackhead hitting the crack pipe, you just look like an illiterate fool.)
 
<a href="http://www.ocregister.com/articles/properties-2067427">OC Register photo tour of what used to cost $500K or more, and is now at auction starting for thirty cents on the dollar.</a>
 
[quote author="no_vaseline" date=1213645432]<a href="http://www.ocregister.com/articles/properties-2067427">OC Register photo tour of what used to cost $500K or more, and is now at auction starting for thirty cents on the dollar.</a></blockquote>


Pretty interesting stuff. Here's the caption that goes with one of the houses in Stanton: "This Stanton 4 bedroom 3 bath at 10207 Banff Street last sold for $557, 536 in August of 2007. The homebuyer "cut lawns for a living," a neighbor told me, adding, "Boy, I don't know how he got that loan." Soon after the purchase, there were 15 people living inside. Starting bid now: $159,000."
 
It looks more like the "owners" trashed the houses. Tijuana Motel, indeed. 15 people living in a house is going to run it into the ground.



The gangs just tagged the outside.
 
[quote author="graphrix" date=1213667468]It looks like BK was staking his claim on one the Santa Ana properties...

</blockquote>
And AZDavid too.
 
[quote author="Daedalus" date=1213678611][quote author="graphrix" date=1213667468]It looks like BK was staking his claim on one the Santa Ana properties...

</blockquote>
And AZDavid too.</blockquote>


I thought he was banned from the state. I mean, AZ is just like OC anyway, right?
 
31% loss in Orange and inching toward the 2003 price.



2761 N Kennedy St

Orange, CA 92865



<strong>Price: $517,500 </strong>



Beds: 4

Baths: 3

Sq. Ft.: 2,316

$/Sq. Ft.: $223

Lot Size: 6,720 Sq. Ft.



Sales History

Aug 13, 2003 $495,000

<strong>Dec 19, 2005 $755,000 </strong>



<a href="http://www.redfin.com/CA/Orange/2761-N-Kennedy-St-92865/home/4350831">http://www.redfin.com/CA/Orange/2761-N-Kennedy-St-92865/home/4350831</a>



<img src="http://i-0.rfimg.us/photo/46/bigphoto/057/P612057_3.jpg" alt="" />
 
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