Irvine REO properties

Buying a home in Irvine? How to avoid appraisal issues from popping up!

by Robert Mack August 5, 2010 Buyers

With the overwhelming number of short sales available for sale in Irvine, Orange County, the demand for standard re-sale and bank owned homes have become dramatically high! From personal experience, many home buyers become very frustrated with the long drawn out process (not to mention the amount of uncertainty) of waiting for a short sale approval and [...]

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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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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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Do West Irvine homes have Mello-Roos and high association dues?

by Robert Mack May 10, 2009 Irvine Real Estate Questions

Client Question – Robert, How is the market looking to you? I am getting sick of renting. Do you know if the West Irvine homes have Mello-Roos and high association dues? I’d like to get something new so I don’t have to rebuild the thing. Are you seeing any repos that look reasonable? Thanks, Mike [...]

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Irvine Real Estate Link, CA – REO properties vs. foreclosure

by Robert Mack September 3, 2008 Irvine Real Estate

An REO is a foreclosure-gone-bad. This is how I see it. The acronym stands for Real Estate Owned, which really doesn’t convey the true meaning of the term. In fact an REO is a real property that is now owned by the bank, or the mortgage company or the financial institution after an unsuccessful foreclosure [...]

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