Issue #197
In This Issue
Welcome / This Week's Special Offer
San Diego
Real Estate Update
Want To Blow Your Mind? Tiger Woods Buys $38M
Jupiter Island Property Interested In Positive Cashflow Apartments With No Management Hassles?
FREE Guide: "WARNING: Hire No Agent Until You Read This Guide"
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Welcome To The Latest Issue
In case you caught it,
that was your humble scribe on yesterday’s 5PM news. Channel 8 reporter Steven
Price interviewed me for a piece about tips to getting a home sold in San
Diego’s current softer real estate market. According to my mom, I did great...
The San Diego housing market is enjoying a little post-holiday bump of
activity. Serious buyers and bargain hunters are coming out to take advantage
of the softened prices, increased inventory, and still surprisingly low rates.
Go to
www.earth.google.com/ and sign up for the free version. Then go
to “fly to”, type in your address, and be prepared for to be amazed. Then you
might want to type in other cities, etc. Have fun…
ESPN reports that Tiger and Swedish wife Elin just bought a 13,207 square foot
home on 10 acres stretching from the Atlantic to the Intercoastal Waterway. The
property has 8 bedrooms, 13 baths, several guest houses, and two docks. (In
case you’re wondering, if Tiger put 20% down, his mortgage would be apx
$182,263/mo, plus some $40,000/mo in taxes and insurance.)
Want a hands-off real estate investment with consistent positive cashflow? Sound too good to be true? I've found a great investment opportunity that I'm personally investing in, as have several of my clients. If you have $100,000 to $3,000,000 to invest and want to find out more... Call me at (858)457-KENT or
CLICK HERE for info on the Positive Cash-Flow Apartments
The most important decision when
selling your home or investment property is which agent to hire. It impacts
your bottom line, legal liability, timing, and your sanity! Most people have NO
CLUE how to choose the right one. Now you can discover how to choose the best
agent and avoid the costly traps people fall into. You’ll learn:
- Who promises to market your home vs. who really delivers?
- The 12 smart questions to ask agents
- 9 dangerous ways people select an agent
- The only 3 foolproof guidelines to choose an agent
- How to tell who's great at selling homes & who's exaggerating
- One easy question
that quickly weeds out 50% of agents
- A whole lot more
To search for a
home right now, click here:
Free MLS
Homesearch
Subscribe them with a quick email to Tell A Friend with their email address in the subject line.
Gary's Real Estate Seminars
FREE SEMINAR February 1 / Wednesday 6-8PM
CONDO-BUYING FOR SMART PEOPLE (Not Dummies)
At "Forum Hall" at the UTC Mall in University City
CLICK HERE for flyer, more info, & free sign-up
There's a "Perfect Storm" of three unique trends shaping now to May 1st as the ideal time to buy a San Diego condo or townhome UNDER MARKET. Will you miss out or take advantage? Come learn almost everything you need to know before you purchase a condo or townhome! At this seminar, You'll Discover:
- Why people say RIGHT NOW may be your golden window of opportunity to buy a condo at the LOWEST PRICE
- Pro's and Con's of owning a condo
- How to find motivated--even DESPERATE--condo sellers
- Should you buy new construction, a conversion, or resale?
- How to get a FREE Inspection & FREE appraisal when you buy
- Key condo documents explained: CC&Rs, Rules, Bylaws, etc
- Condo vs. Townhome vs. Co-op vs. House w/ HOA
- What do you REALLY own when you buy a condo?
- How to get the best loan for your condo
- Easy way to find out if a condo complex has costly problems
- 4 Condo myths that could cost you
- How to buy a condo ZERO DOWN
- Rent vs. buy? You may be surprised!
- 5 Questions You MUST Ask Before You Buy ANY Condo
- Monthly condo fees: good deal or waste of money?
- Condo situations, problems, and complications to avoid
- Why condos make an excellent 1st investment
- Buying a condo for your college student
To RESERVE YOUR SEAT at this free seminar now, click here or call (858)457-KENT!
FREE SEMINAR February 1 / Wednesday 6-8PM
"Discover Exactly Where I'm Investing MY Money In 2006"
. . . Positive Cash Flow Apartments With Appreciation & ZERO Management
At "Forum Hall" at the UTC Mall in University City
CLICK HERE for flyer, more info, & free signup
Looking to build your wealth through real estate? Want a hands-off investment with appreciation and consistent positive cashflow? Sound too good to be true? I've found a great investment opportunity that I'm personally investing in, as have several of my clients. If you have $100,000 to $5,000,000 to invest and want to find out more. . .
To RESERVE YOUR SEAT at this free seminar now, click here or call (858)457-KENT!
FREE SEMINAR March 1 / Wednesday 6-8PM
"Sell Your Home (Or Rental Property) In Today’s Slower Market"
At "Forum Hall" at the UTC Mall in University City
CLICK HERE for flyer, more info, & free sign-up
The San Diego market has morphed from a sizzling seller’s market into a cooler buyer’s market. If you’re thinking of selling your home or investment property in 2006, you need to attend this free seminar.
To RESERVE YOUR SEAT at this free seminar now, click here or call (858)457-KENT!
HomeBUYING Question
I just made an offer on a home that had been on the market for 8 months. Now suddenly there’s a second offer. Why is it that when I decide to make an offer, suddenly and mysteriously another offer appears? I’m a little suspicious."
***ANSWER:
While RARE, agents have been known to unethically and illegally invent offers.
In the 90’s, a couple had their home for sale and their agent got an offer. He proudly told them he planned to lie and say he had a 2nd offer. To his sad shock and dismay, they lost all trust in him and ended their listing. They then called me and I sold their home WITHOUT inventing even one bogus offer, and these wonderful people have been great clients for years.
As to your situation…
There’s no dependable way to tell if the other offer is real. I advise you ask your agent to quiz the seller’s agent about the other offer and try to determine if he’s making it up.
If it seems real or you can’t tell, just be sure you don’t offer any more than you feel the home is worth.HomeSELLING Question
“Hello Gary. I have a dilemma. I want to sell my Riverside home and move to San Diego. Because my friend is an agent and having money problems, I feel obligated to list with her. But I’d much rather use another agent I know who’d do a much better job. Any ideas?"
***ANSWER:
First of all, I can tell you’re a very nice person and a good friend.
I’ve known many people in your dilemma, and almost every single last one who hired the less competent friend regretted it later. Not only did they lose money, sell slower, or have unnecessary headaches, often they lost their friend in the messy process.
I suggest you tell your friend that you value your friendship too much to risk it by doing business together.
If you’re a big softie, you might also give your friend a check for $1,000 and hire the good agent. A bad agent would likely cost you way more than $1,000, so you'd be better off...Investing or Financing Question
“I’m looking to refi my condo. Money is money, so I’m calling lenders out of the phone book trying to find the lowest rate. Can you recommend me the lender you think has the lowest rates?"
***ANSWER:
STOP!
Shopping rates is NOT the way to find your lender. Here’s why:
1. There's more to a loan than interest rate. There's points. Fees. Loan type. Lock-ins. Prepayment penalties. Amortized vs. interest only. And more. PLUS, if you get a loan that adjusts at any point, there’s another long list of variables like index, margin, start rate, caps, and more.
2. If you've ever dealt with an inept lender, you know how much of a headache it is, whether or not you ever get your loan.
3. Unfortunately, some lenders quote low rates to get you in the door. Then later when you’ve invested time and money, they find an excuse why they can’t get you that low rate. BUT they will happily make you a loan at a higher rate. Surprise! It’s called “bait and switch”.
So yes, I’ll be happy to recommend an honest, skilled lender to you with competitive rates. Will they quote you the lowest rate? I don’t know, but they’ll be honest with you and actually deliver what the promise. Call me at (858)457-KENT.Hot Properties + New Listings BEFORE They Hit The Market
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THIS WEEK'S FEATURED PROPERTY! | |
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Close to the Beach! Sunny & airy townhome on quiet street just 8
blocks to beach.
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View more beautiful Pacific Beach Homes online right now. | |
"COMING SOON"
(Click
- Clairemont - Cute 2BR townhouse-style condo in the $300's.
More info to follow . . . Contact Me
- Pacific Beach - Large 5BR/3BA house on culdesac. Has family room, bonus room, 2 FPL, 3-car garage, & more! Price TBD Contact Me
- Serra Mesa - 3BR/2BA home w/ dbl-garage on dead end street. Should be just over 500K+. Contact Me
- University City - 3BR/3BA 1-story home w/ dining room, pool, 2-car garage. Should be just over 700K. Hurry! Contact Me
NEWLY LISTED (Your Home Here!)
- La Jolla – Newly redone 2BR/2BA condo, heart of downtown La Jolla
- walk to all. Marble, granite. 675-750K Contact Me
MORE GREAT HOMES & INVESTMENTS (Your Home Here!)
-
Bonita area
– 2BR/2.5BA condo a short stroll to Plaza Bonita! Offers oversize garage, in-unit laundry, FPL, tennis. 355-375K View
Contact Me
- Clairemont - Enjoy canyon views & breezes! W. Clairemont 4R/2BA home w/ dbl garage & basement. Reduced: 499-530K Contact Me
- Clairemont - Spacious 3BR/2BA home w/ HUGE 580sqft family room/ "great room"! Quiet street, 2-car garage. Reduced: 575K Contact Me
- SOLD/La Jolla - 3BR/2BA 1-level home on quiet street. Large lush private bkyd, redone kitch & BAs, valley vu, tennis! 720-750K
Contact Me
- Mission Hills - Attention Contractors / Developers / Investors! Buildable lot suitable for 10-11 homes. 950k-1.15m!
Contact Me
- Normal Heights - Newly converted 1BR condo w/ granite counters & all the extras. Great location. $245-255K
Contact Me
- Pacific Beach - Development Opportunity! Redone 3BR home w/ room to build 2 condos. Resell or hold for income. 775-850K
Contact Me
- Pacific Beach -
Light & airy 3BR/3BA townhome condo w/ 2-car garage on quiet street. Extra room.
A BARGAIN at $625,000
Contact Me
- Phoenix, AZ - 30 apartments, large 3BR & 2BR units, well-maintained complex, Mesa area. Do a condo conversion? $2.1M. Contact Me
- Phoenix, AZ - Cashflow apartments, zero management, under-market prices. 1031 exchange OK. $100K to $5M down.
Contact Me
- Pt. Loma - Point Loma Tennis Club ground-floor corner unit w/ remodeled bath. Big rooms. Looks like a model! 275-300K! Contact Me
- SOLD - San Carlos - Cute 1BR condo w/ greenbelt view on a quiet culdesac. Incl new paint, frig, walk-in closet. Reduced: 210-233K Contact Me
- University City - Striking 2004 full remodel 3414sqft home: 1/2-acre culdesac lot, flowing floorplan, vivid colors. 988K-1.15M
Contact Me
- USD Area - Light & bright 3BR/3BA 1431sqft townhome w/ 2-car garage, quiet area. Priced BELOW recent sales & reduced: 535K!
Contact Me
- Vista - Private, secluded, hilltop home with 4br/3ba, 3000sqft, big lot, garage, & more: 770-795K Contact Me
Call me at (858)457-KENT to find out more or arrange a private showing . . .
Thank You For Your Referrals
Referring a friend or
someone you care about is the highest compliment you can give me. Thank you for
all of your generous referrals!
Have a great week . . .
GARY KENT
"The Agent You See EVERYWHERE"
All-Time #1 Agent/Team In San Diego County for RE/MAX
21 Years Experience -- 3,000+ Homes Sold
Gary Kent Team --- RE/MAX Associates
(858)457-KENT --- (858)457-5368
GaryK@GaryKent.com -- http://www.garykent.com/