Need info for 1702 Crescent Oak Irvine

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[quote author="Fishy333" date=1257564298]Hi guys,



I need some informatin for this property 1702 Crescent Oak Irvine.http://www.zillow.com/homedetails/1702-Crescent-Oak-Irvine-CA-92618/54978293_zpid/



Can somebody tell me whether or not if this is a bank owned property/ foreclosure? I currently live in a similar plan and I'm thinking about selling and moving to a different place. The problem is the lising price is so low for this comp I might be underwater if i sell.



thank for the help</blockquote>


It is a short sale listed with Todd. You might call him and let him know you're interested in selling and want to know this information. He may be very forthcoming with info, given your motivation...



If not, you can check out the <strong><a href="http://www.irvinerealtorsite.com/IrvineDowns.xls">closed comps for yourself</a></strong> and make your own determination.



-IR2
 
[quote author="Fishy333" date=1257571958]<strong>Thanks for the reply McMansion</strong>. I really appreciate it.



Going through that spreadsheet it looks like the last comp was 1411 Elmhurst sold 7/1/2009 for $315,000. In this current market with low invenoty in Irvine what do you guys think is a good price to list my place for?



Link to 1411 Elmhurst



http://www.zillow.com/homedetails/1411-Elmhurst-Irvine-CA-92618/51673906_zpid/</blockquote>


IR2 new screen name is McMansion. Haha!
 
What is this, a pocket listing? I show this MLS number is not currently listed but on Muradian's site it says the status is "pending".
 
[quote author="SoCal78" date=1257573952]What is this, a pocket listing? I show this MLS number is not currently listed but on Muradian's site it says the status is "pending".</blockquote>


I wouldn't be surprised if it was. A friend of mine worked with Todd Muradian's counterpart (who works with the buyers, as Todd concentrates on sellers), and several of the houses she saw were "secret" pocket listings.
 
[quote author="reason" date=1257573859][quote author="Fishy333" date=1257571958]<strong>Thanks for the reply McMansion</strong>. I really appreciate it.



Going through that spreadsheet it looks like the last comp was 1411 Elmhurst sold 7/1/2009 for $315,000. In this current market with low invenoty in Irvine what do you guys think is a good price to list my place for?



Link to 1411 Elmhurst



http://www.zillow.com/homedetails/1411-Elmhurst-Irvine-CA-92618/51673906_zpid/</blockquote>


IR2 new screen name is McMansion. Haha!</blockquote>


Oops my bad haha! I meant IR2.



Thanks IR2 for the post!
 
[quote author="Fishy333" date=1257574734]What is "Pocket Listing?"</blockquote>


It's a listing that an agent takes but doesn't put on the MLS. Usually they just show it to their own clients (so they can get double commission). I can't see the advantage to a seller, unless somebody is willing to trade off a little privacy for a fair amount of money (limiting the number of buyers usually ends up with a lower selling price). Some pocket listings eventually go on the MLS if they can't find a buyer, or for a backup offer.
 
[quote author="Fishy333" date=1257574667][quote author="reason" date=1257573859][quote author="Fishy333" date=1257571958]<strong>Thanks for the reply McMansion</strong>. I really appreciate it.



Going through that spreadsheet it looks like the last comp was 1411 Elmhurst sold 7/1/2009 for $315,000. In this current market with low invenoty in Irvine what do you guys think is a good price to list my place for?



Link to 1411 Elmhurst



http://www.zillow.com/homedetails/1411-Elmhurst-Irvine-CA-92618/51673906_zpid/</blockquote>


IR2 new screen name is McMansion. Haha!</blockquote>


Oops my bad haha! I meant IR2.



Thanks IR2 for the post!</blockquote>


When you said, "McMansion". I actually was looking around to see who's the new guy name "McMansion." =)
 
[quote author="reason" date=1257598588][quote author="Fishy333" date=1257574667][quote author="reason" date=1257573859][quote author="Fishy333" date=1257571958]<strong>Thanks for the reply McMansion</strong>. I really appreciate it.



Going through that spreadsheet it looks like the last comp was 1411 Elmhurst sold 7/1/2009 for $315,000. In this current market with low invenoty in Irvine what do you guys think is a good price to list my place for?



Link to 1411 Elmhurst



http://www.zillow.com/homedetails/1411-Elmhurst-Irvine-CA-92618/51673906_zpid/</blockquote>


IR2 new screen name is McMansion. Haha!</blockquote>


Oops my bad haha! I meant IR2.



Thanks IR2 for the post!</blockquote>


When you said, "McMansion". I actually was looking around to see who's the new guy name "McMansion." =)</blockquote>
I might have Zovall change my handle to McMansion...image the kind of chaos that would create. haha
 
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