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Irvine, CA Real Estate News

By Tim Lorenz, 949 874-2247
(TIM LORENZ - Elite Home Sales Team)
Today in an Orange County Register article by Jeff Collins stated that William Lyon Homes will add another community 92 new homes which are to be built in Irvine.  The project is 92 attached new homes which will be called San Carlos Court.  This group of new homes is being launched in Portola Springs developed in north Irvine. This follows news that the Irvine Company encouraged by surprising sales success at its new neighborhoods in Irvine's Woodbury section is building 125 new home community.  William Lyon Homes is building a community that would be considered a village atmosphere.  If you would like assistance purchasing a new home call us.
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After the earthquakes that devastated Chile and Haiti, many home insurance companies are raising their rates by as much as 200%! They must be really afraid of the big one, or are just trying to milk customers. The truth is that no one can predict when earthquakes strike, not even MIT seismologists. There's really no grounds to be increasing rates on customers right now. But, that doesn't mean you should go without insurance. If your home insurance company is trying to kill you with rate increases in an already depressed economy, you can easily find others who are more reasonable. The home insurance market is definitely a competitive one, especially in places like California where earthquake potential is high. However, that doesn't mean you have to accept it. Look for Los Angeles insuran...
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By Tim Lorenz, 949 874-2247
(TIM LORENZ - Elite Home Sales Team)
The Irvine Company took a riskand it paied off very well.  If you will recall the Irvine Company too the risk of funding the projects and paying the builder to build the homes.  It worked out well, so well they are now going to build 125 more homes. The Irvine Companysold the homes in new neighborhoods in Irvine's Woodbury.  Now it will launch a new 125 homes. California Pacific Homes controlled by the Irvine Company will build the Santa Barbara project of townhomes this is another time where they will take a risk on the market. 318 buyer contracts for homes being built have been signed.  The Irvine Company is beginning to start an interest list for the new Santa Barbara project at Woodbury.  These homes will be from 1155 to 1775 square feet, they are 2 and 3 bedroom models with 3.5 bat...
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By Debbie Sagorin, Marketing Irvine to the Highest Level
(Coldwell Banker Realty)
27 Woodbridge home sold in March 2010, at prices from $318,000 (for a 3-bedroom 1,098 square foot bank-owned condo), to $1,145,00 (for a 3-bedroom 2,091 square foot SFR).  67 Woodbridge homes are currently "for sale". The sizes of the homes that are for sale range from 715 sq. ft, to 3,100 sq. ft. The prices of Woodbridge homes for sale right now, range from $199,000 (for a 1 bedroom short sale condo), to $1,399,000, (for a 4 bedroom, 4 bath SFR with great North Lake views).
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By Tim Storm, Orange County FHA and VA Home Loan Specialist
(Fairway Independent Mortgage Corporation)
FHA began allowing financing on flipped properties on February 1, 2010, but as been the case, FHA lenders, including those in Orange County, were not quick to follow suit. However, within the past few weeks, several Orange County FHA lenders have begun to allow financing on flipped properties.FHA Announcement on January 15, 2010 Regarding Flipped PropertiesOn January 15, 2010, FHA announced in a press release that it would be temporarily lifting the "90 day no flipping rule", effective February 1, 2010 through February 1, 2011. However, there are a few guidelines that need to be met. The seller and buyer cannot be related. If the new purchase price is 20% above the sellers acquisition price (within the last 90 days), then the lender may require a second appraisal. Also, the appraisal sh...
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By Tim Lorenz, 949 874-2247
(TIM LORENZ - Elite Home Sales Team)
Irvine's newest estate or luxury home could become the most expensive new home, or most expensive home.  Today The Orange County Register had an article on this very large home 13,779 square foot home that is to be completed in 5 months. This home will have 6 bedrooms and has been under construction for a year and 1/2 with an expected completion in 5 more months.  The home is located at 28 Boulder View it sits on a lot just under an acre of land. Some of the features of the home: Master bedroom with his and her full bathrooms and separate walkin closets. An 850 square foot home theater with reclining theater seats. An 80 foot long pool. A five car garage An elevator and spiral staircase bonus room wine cellar and wine tasting area exercise room great room tennis court with cabana Office...
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By Jason Hartman
(Platinum Properties Investor Network)
While we believe that the information provided at our own website www.JasonHartman.com is the finest investment, home-based business, and internet marketing education around, there are other websites on the horizon worth looking at. One of our favorites for internet marketers is the Warrior Forum (www.WarriorForum.com). The Warrior Forum is the place to go for anything and everything regarding internet marketing. Everybody hangs out there from millionaire gurus to wet-behind-the-ears newbies and anyone is welcome. Treat them right and they’ll treat you better. Looking for a great deal on a hot info product? Chances are you can find it in the Warriors Special Offers Forum. Got questions about website design, copywriting, ad networks, or just about anything else under the internet marketi...
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By Robin Fenchel, Satisfying Irvine Area Clients One Home at a Time
(Century 21 Professionals)
Caution: Slow Down for Senior Citizens! We are all used to seeing caution signs alerting us to slow down and watch out for kids/students crossing near our local Irvine schools. But how many of us are used to seeing signs alerting us to slow down for senior citizens?  Retirement Living for Seniors Exists Side By Side with the U. C. Irvine Student population This sign appears along Harvard Avenue near the neighborhoods of Columbia Square and Cambridge Court. The reason for this cautionary road sign is that seniors reside across the street from these University Town Center neighborhoods in Regent's Point, a continuing care retirement facility on a 15-acre campus that is located along the edge of Mason Regional Park.  Flexible Floor Plans that are Single Story or Have a Bedroom and Bathroo...
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By Jason Hartman
(Platinum Properties Investor Network)
Are you stuck with a bad income investment property forever? The short answer is no. There are escape routes, though some are better than others. Your best defense against ending up the owner of a bad property is to follow our advice and not invest in a property unless it makes sense the day you buy it.   But, unfortunately, some people stray outside the Platinum Properties Investor Network advice and find themselves stuck with an “asset” that no longer strictly falls under that definition. Here are some ways you might consider getting out of an upside down mortgage.     1. Loan Modification – Meeting with your lender and working out a mortgage with more favorable terms is your best bet. Roll the dice. You never know if this will be easy, hard, or impossible until you try.   2. Refinanc...
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By Jason Hartman
(Platinum Properties Investor Network)
Blogs on the internet come and go by the hundreds and thousands a day. If the focus of your home-based business is to create a profitable slice of real estate by blogging, here’s what we’ve noticed makes one stand out from the crowd.   1. Enter a new market early, on the way up into the public consciousness, and create lots of valuable content.   2. You’re not going to create a literary masterpiece every day, but bloggers who post regularly, for years, usually end up ahead of the game.   3. Don’t be afraid to be quirky, loud, obnoxious, controversial, sexy, intelligent, or just plain weird. That’s what draws attention, traffic, and money.   4. If you already have at least one major accomplishment in your field, play it up. Trumpet it from the heavens and use the leverage to vault past t...
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By Jason Hartman
(Platinum Properties Investor Network)
If you’re starting to think there might be something to this video marketing on the internet angle, you’d be right. As high speed bandwidth becomes available on a widespread basis for the consumer market, it looks like there is a seemingly insatiable appetite for watching videos. Ever heard of a little website called YouTube? Yeah, you could say it’s pretty popular. Hiding among these millions (billions?) of videos are more than just pop culture clips. YouTube and other video sites are becoming the de facto source for any kind of information to many people – instructional videos are a good example. You learn how to do almost anything there. It seems the human animal is visual by nature; it’s how we like to learn. Think your home-based business or internet marketing venture could profit ...
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By Jason Hartman
(Platinum Properties Investor Network)
Some people are serial entrepreneurs, proceeding with a philosophy of “try a little bit of everything and hope something works.” While we at The Creating Wealth Show are all in favor of entrepreneurs, there is something to be said for doing one thing and doing it well. Yet time after time we see people diving into unrelated businesses simultaneously, bifurcating energy and effort, reducing effectiveness. Bill Gates, Warren Buffett, and Donald Trump are all very good at one thing. Yes, after they made a billion or ten they branched out into television or charity ventures out of boredom but you can bet they were focused like a laser while making their first million. For Big Picture idea people, starting a business is fun. It’s a rush. Sticking to one good idea is how you get wealthy. Let’...
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By Jason Hartman
(Platinum Properties Investor Network)
When you talk about a home-based business, many people think “website.” Good answer because there have never been more people dabbling in internet marketing of one sort or another. The problem with websites is they are time consuming. You could spend the rest of your life tweaking, designing, implementing, keeping up with the latest plugin or shopping cart upgrade. Even with the incredible range of What You See Is What You Get (WYSIWYG) web design, the time demands of an internet business can be overwhelming. The answer is to automate early and often. You might be surprised how easy it is to make certain things happen automatically. Ask any ‘net expert and they’ll agree. The key to mega-success without going insane in the process is to adopt a hands-off policy where possible. If you’ve ...
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By Jason Hartman
(Platinum Properties Investor Network)
Mention working from home and a certain percentage of people think “writing.” Good thought because this is one of the obvious ways to leave the traditional work force and make money in your pajamas at home. The continued growth of the internet insures one thing – there will be a high demand for writers to create all that website content. So how do you become a home-based writer? Here are some ideas. 1. Write an informational ebook. These days it’s cheap and easy to publish through outlets like ClickBank or PayLoadz. Almost everyone knows something that someone else would pay to learn. 2. Online and offline magazines continue to need freelance writers to fill space in their publications. Pay varies wildly for cyber mags. Hard copy magazines pay .15 to .35 cents per word on the low end an...
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By Tim Lorenz, 949 874-2247
(TIM LORENZ - Elite Home Sales Team)
Did you know that Irvine has high-rise condos that sell quickly.  I'm letting you know about the condos at 3000 The Plaza a high rise of condos in 3 towers on Jamboree sell.  The condos range in size from 1400 to 2400 square feet and in price from $600,000 to $1,500,000. While most of us are wondering about a recession the luxury high rise condos in Irving are selling.  According to The Orange County Register 28 new sales have occurred.  3000 The Plaza has a roof top pool and urban living in a 15 story building with fabuluous views of Irvine and Newport Beach.  They also have a gym, game room and a lounge. So do not tell me of the lack of money, loans, or buyers here in South Orange County.  If you would like to purchase a home contact us.
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By Jason Hartman
(Platinum Properties Investor Network)
If you plan on living very far into the future, and doing it successfully, you’re going to have to get computer literate. This might seem like a joke to those who have been riding the information superhighway for ten years or longer; those among us already loaded with a PDA, cell phone, and laptop every time they step out of the house. In the future, the very near future, you won’t be able to turn on a radio or television, answer the telephone, or microwave a bag of popcorn without having computer skills. Not to mention operating an actual computer. All our appliances and tools are being merged into nothing more than node points along which we access a single massive conduit of information. Don’t even think you can operate a successful home business if you’re not ready to communicate by...
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By Elite Home Sales Team, A Tenacious and Skilled Real Estate Team
(Elite Home Sales Team OC)
South Orange County Real Estate Market is doing well is must be the place to purchase a home.  Communities are way up in the volume of homes sold.  Realtor.com recently compiled a list of the Top 10 most searched homes for sale in Orange County from their Web site.  The most popular and most frentuently searched was selling for $750,000 in Dana Point, while Irvine and Laguna Niguel filled the list with the most appearances in the top 10.  The South Orange County market is doing well  in this present market on average well above the other parts of the county The five difficult to buy areas because the purchases happen so fast their market time is around 1.6 months and make up 9% of the supply of homes for sale and 17% of the homes in escrow in the County. South Orange County market is on...
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By Tim Lorenz, 949 874-2247
(TIM LORENZ - Elite Home Sales Team)
According to The Orange County Register's Kelli Hart a half dozen federal and local agencies raided a loan modification firm, United Law Group in Irvine.  They were investigating Fraud.  The offices were closed as the carried out the search on a ongoing federal investigation. The affidavit for a search warrant allege that the United Law Group is a company permeated by fraud.  They have collected up front fees of $3500 to $12,000 as a retainer before work begins.  The California Bar in July filed a notice of disciplinary charges against Sean Rutledge, and attorney with the United Law Group, The Attorney General of California and the various agencies of the Federal Government are cracking down in California on loan modification firms this is one of many.
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By Debbie Sagorin, Marketing Irvine to the Highest Level
(Coldwell Banker Realty)
Don't expect to see many homes in "The Landings" on the market for sale. Usually when one is offered for sale, it is snapped up pretty fast!Only two are for sale right now, and these are 3 Warmspring, a Plan 2 / B model in Landing I, and 23 Emerald, a Plan 3 / C model, in Landing II. 8 Earlymorn, a Plan 4 / D, went into Backup Offers on February 23rd, after 4 days on the market, and 24 Whispering Wind went into Pending status today, after 10 days on the market. Both are in Landing I.In 2009 only were 5 homes sold, (that's in Landings I and II combined), and only 5 homes were sold in 2008 as well.It looks like we're on our way to beat the sales numbers of the past two years...... Wait and see.
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By Jason Hartman
(Platinum Properties Investor Network)
It's time you invest in your future! If you don't, who will? Thousands of people are quietly growing wealthy every year because they pulled their money OUT of the stock market and put it into what has been proven year in and year out to be history’s best investment. - Income Property! Yes, rental property, leveraged with good debt, is going to make you very very rich!!! The coming inflation will only help! In order to cater to the busy professionals in need of investment education and advice, we have created an online course to fit any schedule! This highly visual and interactive six week intensive will meet once a week for approximately one hour. Your schedule does not allow for you to attend live? Don’t fret, we will send you a recorded version for you to listen at your convenience. B...
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