There hasn't been one of these threads in a while... it seems that home prices will continue to go down for the rest of the year but what's the deal with foreclosed properties in Irvine, Mission Viejo and other nice places going for only a few thousand dollars. How is that possible? I know there may be tax liens and massive home repairs necessary on these places but could they really amount to hundreds of thousands of dollars for a home in such a nice neighborhood? It beggars belief but I imagine some knowledgeable Micechatters will have answers.
No announcement yet.
SoCal Real Estate Market
This topic is closed.
There is currently 1 user online. 0 members and 1 guests.
Most users ever online was 3,719 at 08:15 AM on 07-20-2012.