What's going into escrow - Irvine and maybe some Tustin too

NEW -> Contingent Buyer Assistance Program
Pieper in Tustin Ranch closed at $1.3M, took almost $200K off list. Oroville in NP closed as expected at $955K...



<a href="http://www.ipoplaya.com/iposhiller.pdf">Updated IPO-Shiller</a>
 
[quote author="ipoplaya" date=1208468296]Pieper in Tustin Ranch closed at $1.3M, took almost $200K off list. Oroville in NP closed as expected at $955K...



<a href="http://www.ipoplaya.com/iposhiller.pdf">Updated IPO-Shiller</a></blockquote>


The ?02 sale price on Pieper was $790K, so where does the $1.3M close put it?

In the ?04 range?



Nonetheless, $351/ft. seems quite high for an older home.
 
[quote author="tenmagnet" date=1208469258][quote author="ipoplaya" date=1208468296]Pieper in Tustin Ranch closed at $1.3M, took almost $200K off list. Oroville in NP closed as expected at $955K...



<a href="http://www.ipoplaya.com/iposhiller.pdf">Updated IPO-Shiller</a></blockquote>


The ?02 sale price on Pieper was $790K, so where does the $1.3M close put it?

In the ?04 range?



Nonetheless, $351/ft. seems quite high for an older home.</blockquote>


Yup, right in line with recent averages, hovering around mid 2004 pricing. That is a little on the strong side for a Tustin sale, you are right.
 
[quote author="ipoplaya" date=1208480902][quote author="tenmagnet" date=1208469258][quote author="ipoplaya" date=1208468296]Pieper in Tustin Ranch closed at $1.3M, took almost $200K off list. Oroville in NP closed as expected at $955K...



<a href="http://www.ipoplaya.com/iposhiller.pdf">Updated IPO-Shiller</a></blockquote>


The ?02 sale price on Pieper was $790K, so where does the $1.3M close put it?

In the ?04 range?



Nonetheless, $351/ft. seems quite high for an older home.</blockquote>


Yup, right in line with recent averages, hovering around mid 2004 pricing. That is a little on the strong side for a Tustin sale, you are right.</blockquote>


21 Upland, which lists at $345/ft. is a much better, imo
 
[quote author="tenmagnet" date=1208489120]



21 Upland, which lists at $345/ft. is a much better, imo</blockquote>


21 Upland sides to Portola and once they build out OH, there will be a lot of cars roaring by. Nice lookin' house though.



Come on ten, pull the trigger man! Offer up $1.125M to 21 Upland, get your realtor to kick back 2/3 of the co-op, and you are in for under $1.1M...



IPO's ole Case-Shiller calc puts the value of 21 Upland under $1M based on both the 2005 and 2001 sales unfortunately. 3600sf in NP in mid 2005 should have gone for $1.4M or so. That property gets knock as it fails the location, location, location test.
 
[quote author="skek" date=1208490823]Gotta ask you, ten, 21 Upland and 35 Malibu are nice houses, but I don't see either the houses or the neighborhood fitting your swinging bachelor life style. You aren't thinking about hanging up the Axe body spray, are you?</blockquote>


Skek,



The thought of hanging up the Axe, Goose, Mystic tan, and copious hair product brings a tear to my eye.

Since Ipop can?t front me the whole $200K, why don?t you each loan me $100K that I need to take down 35 Malibu.
 
[quote author="skek" date=1208494309][quote author="tenmagnet" date=1208493803][quote author="skek" date=1208490823]Gotta ask you, ten, 21 Upland and 35 Malibu are nice houses, but I don't see either the houses or the neighborhood fitting your swinging bachelor life style. You aren't thinking about hanging up the Axe body spray, are you?</blockquote>


Skek,



The thought of hanging up the Axe, Goose, Mystic tan, and copious hair product brings a tear to my eye.

Since Ipop can?t front me the whole $200K, why don?t you each loan me $100K that I need to take down 35 Malibu.</blockquote>


ten, I like you and I want to see your lifestyle perpetuated far and wide. I'd love to loan you that money. But I have to warn you, I drive a hard bargain. No silly junior liens for me. I want some real collateral. I want first position. I want equity kickers and upside participation. And I don't run to the courthouse steps when there's a default, no I will call a couple guys from the old 'hood to drive down to Irvine and renegotiate with you. You want those terms? Maybe we can talk.</blockquote>
<img src="http://upload.wikimedia.org/wikipedia/en/0/06/Johnnysacrimoni.jpg" alt="" />





That?s some help you?re offering me.

No doubt, you have my sincere interest at heart.

Seems more like the terms, threats included, that Johnny Sack laid out to Tony over Barone Sanitation.

Do I bring muscle with me if we decide to meet?
 
[quote author="skek" date=1208497002][quote author="tenmagnet" date=1208495310]That?s some help you?re offering me.

No doubt, you have my sincere interest at heart.

Seems more like the terms, threats included, that Johnny Sack laid out to Tony over Barone Sanitation.

Do I bring muscle with me if we decide to meet?</blockquote>


Ha! That's funny. If only I had juice like Johnny Sack.</blockquote>


You?re a lot closer than you think.

That Jag you rock looks awfully similar to John?s Maserati.

Nice upgrade from the S500 he was driving while under-boss.
 
[quote author="skek" date=1208499056][quote author="tenmagnet" date=1208498412][quote author="skek" date=1208497002][quote author="tenmagnet" date=1208495310]That?s some help you?re offering me.

No doubt, you have my sincere interest at heart.

Seems more like the terms, threats included, that Johnny Sack laid out to Tony over Barone Sanitation.

Do I bring muscle with me if we decide to meet?</blockquote>


Ha! That's funny. If only I had juice like Johnny Sack.</blockquote>


You?re a lot closer than you think.

That Jag you rock looks awfully similar to John?s Maserati.

Nice upgrade from the S500 he was driving while under-boss.</blockquote>


ten, I do believe you've demonstrated repeatedly that you are the one who has the juice around here. We're all just living vicariously through you. Be patient, man. You'll take down 35 Malibu before this is all over. Think of it as that really hot girl at the bar. You can't just run up to her and start spitting game. You need to strategize and approach slowly. I know you got what it takes. Just invite me to the housewarming party. I expect to see the pix in Riviera.</blockquote>


I know you?re trying to be nice, and believe me, I appreciate the encouragement.

However, you?re giving me way too much credit, if I could land a trophy like 35 Malibu then for sure I?d be the shizzle.

I feel you though; not quite ready to ?settle? for anything less at the moment.

My social value and self-esteem would take a serious hit.
 
Ten, you da man. The world is your oyster if you simply apply proper game theory at the club scene. And the Axe.

<object width="325" height="250"><embed src="http://www.youtube.com/v/youtube" type="application/x-shockwave-flash" width="325" height="250"></embed></object>
 
[quote author="skek" date=1208499056][quote author="tenmagnet" date=1208498412][quote author="skek" date=1208497002][quote author="tenmagnet" date=1208495310]That?s some help you?re offering me.

No doubt, you have my sincere interest at heart.

Seems more like the terms, threats included, that Johnny Sack laid out to Tony over Barone Sanitation.

Do I bring muscle with me if we decide to meet?</blockquote>


Ha! That's funny. If only I had juice like Johnny Sack.</blockquote>


You?re a lot closer than you think.

That Jag you rock looks awfully similar to John?s Maserati.

Nice upgrade from the S500 he was driving while under-boss.</blockquote>
Think of it as that really hot girl at the bar. You can't just run up to her and start spitting game. You need to strategize and approach slowly. </blockquote>
One of the... many... problems with that metaphor is that the hot girl never ends up being more than a fling once reality sets in.
 
[quote author="skek" date=1208499056]ten, I do believe you've demonstrated repeatedly that you are the one who has the juice around here. We're all just living vicariously through you. Be patient, man. You'll take down 35 Malibu before this is all over. Think of it as that really hot girl at the bar. You can't just run up to her and start spitting game. You need to strategize and approach slowly. I know you got what it takes. Just invite me to the housewarming party. I expect to see the pix in Riviera.</blockquote>


Capt. Ipop is juice-less, unless you can count a staff of asian accountants, some IT geeks, and some WASPY admin and HR types as juicy.



My long time high school bud, from the ole IE like moi, is a major player at one of the larger union locals. Evidently Vegas is still the defacto HQ for west coast mafiaoso... That's where the real juice is!
 
<img src="http://66.79.163.197/img/gallery/img476ec731d812b.jpg" alt="" />



Nothing says ?It?s on!? like the drunk hot chick with the tramp stamp or the chick rockin? the Goose.
 
[quote author="skek" date=1208501800]Holy crap, ten, I laughed out loud with that one.



<em>*skek wonders if ten is the guy in the background with a straw hat*</em>



Sorry, ipop, once again your useful and informative thread has been hijacked by shenanigans and tomfoolery.</blockquote>


ten is a vile corruption to the purity of my thread but I'd miss him dearly if he was gone...
 
[quote author="tenmagnet" date=1208501353]<img src="http://66.79.163.197/img/gallery/img476ec731d812b.jpg" alt="" />



Nothing says ?It?s on!? like the drunk hot chick with the tramp stamp or the chick rockin? the Goose.</blockquote>


Oh Ten, stay away. You saw The Goose, but I saw the cheap bubbly in the other hand. If she's too hammered to know quality . . . .



<em>*Eva wonders if Ten wasn't too distracted by cleavage to note the cheap bubbles.*</em>
 
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