Irvine property

Irvine Real Estate link, CA – House Says NO to bailout by a 228-205 vote

by Robert Mack September 30, 2008 Irvine Real Estate

Nowadays it seems everyone is talking about history—sub-prime rates. They seem to be beating a dead horse and crying over spilled milk. I understand all these sentiments, but these are not going to provide a solution to our current predicament. The situation is grave and must be dealt with rationally instead of calling each other [...]

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Irvine Real Estate link, CA – Can anyone answer this question?

by Robert Mack September 17, 2008 Irvine Real Estate

Now that Irvine property prices have fallen over 20% since sometime in 2006 (almost 32 months), why is it that people are not so enthusiastic in putting their best foot forward and attack the market and purchase their Irvine home for 20% less than what they would have paid in 2006? This question keeps lingering [...]

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Irvine Real Estate link, CA – Why did it happen to Freddie Mac & Fannie Mae?

by Robert Mack September 14, 2008 Irvine Real Estate

Financial giants, Fannie Mae and Freddie Mac, were mortgage icons as long as anyone can remember. Certainly they existed even before I was born. They grew and grew to a proportion so scary that for any reason if they toppled the effects on the overall economy would be almost irreparable for many years to come. [...]

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Irvine Real Estate Link, CA – Orange County Supplementary taxes

by Robert Mack August 8, 2008 Irvine Real Estate

The supplementary tax bill was introduced in the State of California on July 1st 1983. It is a rather intricate assessment, but I’ll try, for the benefit of some of our readers, to make it as simple as possible. Most of you know what it is. Simply put: when a property changes hands (or after [...]

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