Foreclosure Frenzy

Northpark Square foreclosures VS. Irvine, Orange County

by Robert Mack February 20, 2010 Irvine Real Estate

There is no doubt about it! Foreclosures are everywhere and many cities and counties have been affected. The good news (for Irvine) is that despite the high number of foreclosures and short sales in other parts of Southern California, Irvine hasn’t been hit so hard. Currently there are a total of 11 active or available foreclosed [...]

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How to buy a bank owned home in Irvine – You Tube Video!

by Robert Mack December 1, 2009 Irvine Real Estate

I just got this link emailed to me by one of the biggest foreclosure agents in my area and when I watched it, I literally fell out of my seat laughing. It can be a bit over the top, but if you are an agent working with buyers and bidding on foreclosured homes, you will [...]

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Is this Woodbridge, Irvine home listed below market value?

by Robert Mack September 3, 2009 Irvine Real Estate Questions

Client Question – Hi Robert, I am on your subscriber list. Had an inquiry regarding 5 Goldenwren (Woodbridge). Is the $275K price correct, and if so, are there any problems with the property that you know of? We recently purchased a rental in Woodbridge and I note that this price seems to be below market. [...]

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Foreclosure, Standard Re-Sale, or Short Sale: Which type of sale is the best in IRVINE?

by Robert Mack August 14, 2009 Irvine Real Estate

There are 3 types of sales that we are experiencing in current IRVINE market place….No one sell is better than the other, however knowing more about each type of sale may help you understand the pro’s and con’s of each type of sale. 1. Standard resale homes – This is where you are actually negotiating [...]

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7 sure fire ways to increase your chances of getting your offer accepted on an IRVINE foreclosure.

by Robert Mack August 12, 2009 Irvine Real Estate

Let’s face it…..most people associate a “good deal” with a bank owned foreclosure, especially in Irvine, California. Currently there are only a handful of bank owned homes in Irvine, at only 9 total. Irvine foreclosures are sold just as fast as they are listed, especially if they are priced to sell, which most of the [...]

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Is the price of an IRVINE bank owned home negotiable?

by Robert Mack August 7, 2009 Irvine Real Estate

Even though we are currently experiencing a great buyers market in Irvine, that doesn’t mean that sellers are just giving homes away. Bank owned homes are far and few between in Irvine. Currently there are a total of 8 bank owned foreclosed homes available for sale in Irvine out of a total of nearly 600 [...]

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If I offer list price on an IRVINE home, will my offer get accepted?

by Robert Mack August 6, 2009 Irvine Real Estate

You would think that if you made a full price offer your offer would be accepted, however this is not always the case. With the number of closed and pending sales up for the 5th month in a row and the fact that the number of new listings is dropping, all of this is creating [...]

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