Newer Irvine listings with crazy WTF asking prices from equity sellers

NEW -> Contingent Buyer Assistance Program
aquabliss said:
Dresden215 said:
aquabliss said:
Bahahaha:https://www.redfin.com/CA/Irvine/111-Bright-Poppy-92618/home/108244631

What do they think this is, Laguna Portola?  I mean the landscaping and turf is pretty amazing but still.
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In photo #10 they used a cheap folding card table/chairs. I would let that go on an entry priced home, but on a million dollar listing, no, no, no!!
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Price slashed $100k for quick sale!
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still way overpriced!
 
Compressed-Village said:
Let's not start a bidding war. At this bargain pricing, there will be hundred people wanting in.
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Do you think TI forum was a factor that played in lowering the price?
 
eyephone said:
Compressed-Village said:
Let's not start a bidding war. At this bargain pricing, there will be hundred people wanting in.
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Do you think TI forum was a factor that played in lowering the price?
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If the owners / realtor is a frequent visitor of TI. The WTF price would never start to begin with for their listing.
 
bones said:
141's owner won the house in a sweepstakes. They're selling after the required hold period. I'm guessing part of the sale would be to pay off property taxes (and other taxes).
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Went pending
 
rickr said:
bones said:
141's owner won the house in a sweepstakes. They're selling after the required hold period. I'm guessing part of the sale would be to pay off property taxes (and other taxes).
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Went pending
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Wow at $500 / sq ft.  Looks like this guy won the lotto twice.
 
We'll see what he gets but like I said, the house was the better deal than the cash (except his credit rating is gonna take a hit for a while) and he had a nice place to live for a couple years (not to mention cap gains if any on will be tax free).
 
fortune11 said:
Note sure if this qualifies for WTF or not , but among the various pictures of the listing , is buried this little gem of a memo comparing this home to the orchard hills new construction ....
https://www.redfin.com/CA/Irvine/2-Iris-92620/home/5770069
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Important reason to "invest" in 2 Iris?  haha  Mike is really trying hard to justify that stupid asking price....about $1m too high by my estimate.  Good luck selling the home anywhere near that listing price. 
 
fortune11 said:
Note sure if this qualifies for WTF or not , but among the various pictures of the listing , is buried this little gem of a memo comparing this home to the orchard hills new construction ....
https://www.redfin.com/CA/Irvine/2-Iris-92620/home/5770069
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Seems like Dunn always prices his listings WTF. So according to him, does that mean OH residents devalue their property because they're not long term thinkers?  ;)

Noticed they also had a retro Ford Bronco in the garage. Some of the vintage Broncos are actually worth some bucks!
https://www.bloomberg.com/news/articles/2017-01-25/vintage-ford-broncos-are-more-expensive-than-ever
 
With THAT ugly furniture and outdated features for > $3 million - no thanks. There are some seriously nice homes in Irvine for the over $3 million price range - this is definitely NOT one of them
 
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