Comments on: Real Homes of Genius: Costa Mesa Shadow Inventory. MLS has 172 Listings while Distress Properties Register at 489. 3 Bedroom Million Dollar Home in Costa Mesa?

By: arthur

arthur — Thu, 12 Nov 2009 05:38:28 +0000

Where can I get a hold of this information? I’d like to see how big the “shadow market” is in the area we looking to move to.

By: Swiller

Swiller — Wed, 11 Nov 2009 22:42:52 +0000

Lol Jackoffman! I don’t need to justify my position at all. I’m surprised you stay reading this site when the good Dr. writes all about how the FED, US Treasury, and our government caused this bubble by fraud.
It’s called a CONTRACT. That’s why they get the house….so if something happens (like losing your job…divorce, death, or even….ok get this….walking away) the banks have security. It’s part of the process, but I can see you are blind and you will only apply “morals” and “ethics” to the little guy. I think you should run for office, you would make a fine throbbing member of our congress!
The very funny thing is, I’ve probably owned more than you (and still do!), and probably am worth more than you (materially of course…we are all created equal). I have worked in Irvine for over 20 years, and I see the stuffed shirts all day acting like they are something because they wear a tie……while I don’t…and make more salary than many of them. I do think it’s funny that you are calling me ignorant while you back the corrupt system, that’s ripe
If you are so worked up about the situation, my suggestion is to get on in there and BUY BUY BUY!!!

By: Jackman

Jackman — Wed, 11 Nov 2009 21:39:58 +0000

“Look at that moral and ethical crusaders. We have 9,000 more people to insult, beat up, and generally harass. Make sure you send your bankster and Wall St. buddies christmas cards. You night even include a gift in there because their pay is so low compared to 2007.”

You can justify your choices all you want Swiller. Those of us waiting on the sidelines are not impressed by your pathetic diatribes. Sorry, but ignorance is not an excuse. You tried to make money in the real estate market and got burned. Now you want to blame everybody but yourself. “Walking away” will never be anything other than what it is: voluntarily choosing not to honor a commitment that you alone made, upset because what amounted to a stock tip from a realtor (“housing always goes up”) didn’t come true for you.

Maybe you should stop bitching about how this is everybody’s fault and re-evaluate. Stay away from stock markets and real estate until you’re old enough to realize that sometimes prices fall.

By: Mikemartin

Mikemartin — Wed, 11 Nov 2009 19:50:33 +0000

Prices are not really going back up, it’s just the Media and our “highly” educated realtors adverising higher prices. Prices are dropping daily in most areas, you just have to be very careful when purchasing, show up with money on hand and you get to see where prices really are.

By: dimwit

dimwit — Wed, 11 Nov 2009 19:13:40 +0000

re: surfaddict nov 10 , sorry, but im located in ore. i like this site, and am a native caleeforneen. left there in ‘89. got out because everyone from mortgage brokers on down to the peon digging the foundation was whacked out on coke or the bottle. same here but with (till a year ago) the added retirees bailing out of ca because of crappy govt and shakey ground, with a s–tload of dough from selling their bought for thirty grand homes 20 yrs ago for a mill plus to no doc buyers. of course they like the clean air and no crap littering everywhere they go. //find a good builder w/ contactable references, clean record w/ cal lic bd., insurance, and good credit rating, that isnt selling cookie cutter crap to boost his profitmargin and working out of the back of his truck. also ask for a tour of his shop facilities (tells alot about your finished prod) as far as a contract goes— completion dates ,price and payment sched. are one thing. as far as the actual design, and (whatcergoona get) for your dough, request overall drawings and shop drawings before dropping a big deposit ( small charge ok- he has time involved for prep work). dial this stuff in, cause paper is cheap, its the materail and time that costs with mistakes. make sure you click with this dude, cause youre going be cellmates for awhile. this is if you are doing a high ender,and if your flipping ,hire a fly-by-niter,buy you cabs off a boat, and hope the ying yang shows up to install and rebuild straight to support your chinese fabed granite. hope i helped, and watch out for big fish w/ handles on their backs!