Living Large in Newport Beach!

As found on TheOCmls.com, a 3,200 sq ft pool home in exclusive Newport Beach.

This home features: 4 Bedrooms 4 Bathrooms Lovely landscaped yard with a pool and it is Large and Luxurious...but this price tells us that someone is saying: "Heave my home!"


Newport Beach homes in this size range have been selling for an average of $627 a sq ft. At this rate, the home would be priced over $2,000,000. A Heave Home price that is one half a million dollars below market would be awesome! How does $1,500,000 sound?
Pretty good..but at Heave Home, $1.4M sounds even better.
In fact, at $1.3M, over $700,000 below recently sold comparables, it would sound super double extra better.


BUT we don't just show you good deals on here, we work hard finding the best deals we can....and at only $1,249,000, we think we found a good one...again! That's right...4 bedrooms, 4 bathrooms, 3,200 sq feet of living space in NB...only $1.249M.


If you want a big home in Newport Beach, that is priced well for the square footage, then take a look here at the photos and more information:
Newport Beach Biggie


If you want to see this home, or other great deals, call 714-349-5454 right away.









This home is listed for sale with Dana Black at Coldwell Bankers Previews International.




DISCLAIMER- THE HOMES FEATURED WITHIN MAY OR MAY NOT BE LISTED FOR SALE WITH REFERRAL REAL ESTATE SERVICES. AS SUCH, INFORMATION CONTAINED WITHIN IS DEEMED TO BE ACCURATE BUT NOT GUARANTEED. IT IS NOT SUGGESTED TO APPROACH ANY HOME WITHOUT BEING ESCORTED BY A QUALIFIED AND REGISTERED REAL ESTATE PROFESSIONAL. STATUS OF HOMES CHANGE DAILY AND AS SUCH MAY NO LONGER BE AVAILABLE FOR SALE WHEN VIEWED.

Is Indy Mac shutting it down?

Last week, fueled by comments from Sen. Charles Schumer (D-NY), IndyMac mortgage experienced a run up in customer withdrawals to the tune of $100 million dollars. According to IndyMac, while this is increased activity, it amounts to only .05% of it's $19 billion in deposits.

NEWS ALERT

We have it on good authority that as of today, IndyMac is closing it's wholesale and retail loan origination business.

EXCERPT FROM INDYMAC EMPLOYEE EMAIL TODAY AT 2:15PM:

Indymac is curtailing most of our forward mortgage production activities by closing our wholesale and retail loan origination businesses. We are refocusing the company on (1) the reverse mortgage business through Financial Freedom, (2) loan servicing including loan production through the customer retention group and (3) retail branch banking. This action, while painful for everyone, is absolutely necessary for Indymac’s continued safety and soundness.

While we can't verify this this information, nor do we want to have any hand in disseminating false information, we here at Referral Real Estate believe it to be true.

Stay tune for updates.