Issue #228
In This Issue
Welcome / This Week's Special Offer
Welcome To The Latest Issue
Wow—did you see the Agassi-Baghdatis tennis match last night? A classic! At the end, Baghdatis cramped and could barely walk, but kept playing. Agassi was so flustered, he had trouble keeping the ball in, but eventually won. …We’ve got a new name for the wordy “Phoenix positive cashflow apartment opportunity”…it’s now called: “Invest In The West”. …A good old boy from Texas called and asked me to advertise his Texas acreage. When we advised him to get a local broker, he said, “Every time I Google San Diego, you guys come up #1 or #2. That’s what I want in a broker.”
Do You Or A Friend Owe Too Much To Sell?
We may be able to help with what’s called a Short Sale, where we negotiate with
the bank to decrease their loan balance to allow a sale. I’ve helped about 200
clients with this approach. Call me for more info @ (858)457-KENT.
Do You Have A Ticking Time Bomb Of A Mortgage?
Did you get a “pay option” or “flex” adjustable loan, the kind that starts
at a ridiculously low payment and your loan balance keeps increasing. Remember
that your payment is going to “reset” soon, so you better be ready or you might
be in for an unpleasant time when your mortgage payment suddenly doubles.
Hopefully you’ve got a plan in place and/or the increase payment won’t be a
problem. But if that’s not the case, call me ASAP as between me and my trusted
lender we should be able to help you map out a plan to avoid problems down the
line. Call me at (858)457-KENT.
Help Wanted / Job Opportunity #1
I’m looking for an energetic person to assist with handling bank-owned
foreclosures. It’s a fast-paced job w/ lots of detailed work involving tracking
data, completing extensive forms, helping determine property values, meeting
contractors, meeting deadlines, & more. If you’re interested, email your info
and/or resume to Job@GaryKent.com.
Help Wanted / Job Opportunity #2
We’re seeking a hungry Real Estate agent to be a full-time “Buyer Agent”. Help
homebuyers find their dream home! We provide leads, training, and coaching.
Almost all expenses covered! Email your info and/or resume to
AgentJob@GaryKent.com.
Get On Our Brand-New “Foreclosure
Hot-List”
Several major lenders have just selected me to handle their foreclosures. And
I’m looking to build a short list of investors or people just looking to
purchase a home at an attractive price. I anticipate they will be available
5-10% below market. If you’d like to be the first to find out about them,
click
here.
CNNMoney Best U.S. Places To Live 2006
The cities with the HIGHEST HOME APPRECIATION 2004-2005 per CNNMoney are:
1. 52.4% Providence, RI
2. 43.2% Avondale, AZ
3. 42.8% Bakersfield, CA
4. 41.9% Madera, CA
5. 41.7% Visalia, CA
6. 41.0% Cape Coral, FL
7. 40.5% Gilbert, AZ
8. 40.0% Florence-Graham, CA
9. 39.8% Surprise, AZ
10. 39.8% Highland, CA
Once again, San Diego didn’t even make the list!
Next Friday: 10 cities with the SHORTEST COMMUTE.
Interested In Positive Cashflow Apartments
With No Management Hassles?
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
Décor & Remodel Nightmare #4 of ???
And then there was the fellow who wanted heated floors in his home. …So he
put electric blankets on the floor and tiled over them. Give him high marks for
creativity, but take off a few for utter stupidity.
---Got your own décor or remodeling NIGHTMARE? Email it to me at
Nightmares@GaryKent.com.
This Week’s Special
Offer:
I’ll Finance Your Home Repairs For Free
Considering selling your home or other real estate? Is it a bit of a
“fixer-upper” and you’d like to do some work but you’re in a cashflow crunch?
Call me at (858)457-KENT and I’ll be happy to discuss possibly loaning you the
money until the home sells. I look forward to talking with you.
Roommate Wanted In Lakeside
We just helped a client buy a condo in Lakeside, and he and his wife are
looking for a roommate: $600/mo for a private bedroom, all utilities, laundry,
pool, jacuzzi etc. Call Gary Kneeland @ (619)334-7425.
FREE MLS Online Search
For A San Diego or Riverside Home
To search for a home right now, click on:
Free MLS
Homesearch
Send This Free Newsletter To A Friend
Subscribe them with a quick email to
TellAFriend@GaryKent.com
with their email address in the subject line.
Remember to email your questions, comments, compliments, corrections,
critiques, & rebuttals to
Questions@GaryKent.com.
Gary's Real Estate
Seminars
FREE SEMINAR October 7 / Saturday 10AM-NOON
At "Forum Hall" at the UTC Mall in University City
"Can You Guess Where I'm Buying Real Estate In 2006?"
INVEST IN THE WEST: Positive Cash Flow Apartments With Appreciation & ZERO
Management
- Want to build wealth through real estate?
- Want to buy real estate 10% below market value?
- Want an easy, hands-off investment you don’t have to manage?
- Want to enjoy a consistent positive cashflow?
- Want real estate that will appreciate?
- Want your only responsibility to be cashing your monthly check?
This is the best real estate opportunity I’ve found in 22 years in the business.
I believe in it so much that my wife and I are investing a bundle of our own
money. Over 2 years, 25 of my clients have invested and every one I talk with
reports profits equal or better than promised. And 8 more are investing this
month.
If you have 100K to 3M to invest and want to find out more about this
opportunity…
CLICK HERE
for flyer, more info, & free sign-up
Sandwiches & drinks provided + free dinner drawing. No obligation. Come, listen,
ask questions, then you decide…
To RESERVE YOUR SEAT at this free presentation now,
click here
or call (858)457-KENT!
"Do you think
it’s a good idea to buy property as a co-owner with another person (contractor
by the way) to fix and sell in about 2 years? We would be renting the house and
the difference in mortgage payment would be divided between us and the other
owner."
***ANSWER:
There are several parts to my answer:
1. Should you buy with a partner?
2. Should you buy a fixer?
3. Should you buy now?
4. Should you resell in 2 years?
1. Partner--
I'd be careful about buying with a partner. While many partnerships go just
fine, I've also heard many stories of problems. So if you do it, be sure it's
with someone you know and trust, AND have an attorney draw up an agreement
covering responsibilities and rules for selling the property.
2. Fixer--
Buying a fixer can be very profitable if done right. Get a good, accurate
estimate of the needed repairs and be sure the price reflects those repairs. And
if this is strictly a for-profit venture, the price would need to MORE than
reflect the cost of repairs.
3. Buy Now--
As you know, the days of rapid appreciation are gone for now. So you can't
expect appreciation to bail you out of any miscalculations. But now is indeed a
GREAT time to buy, prices are soft and bargains are easy to find. And interest
rates haven't risen as they were predicted to.
4. Resell 2 Years--
None of have a crystal ball, but I'm advising clients not to buy now with the
plan to resell in less than 2 years. So you're just over the minimum time that
I'm suggesting clients consider reselling.
Hope that helps you...
"Hi Gary… I’ve never sold a home before. What should I do when my home is being shown? Should I tour buyers through the home and tell them all the good stuff about my condo? I’d appreciate your advice.”
***ANSWER:
Beware what we call the “Helpful Seller Syndrome”!
The best way to help sell your home is NOT to help sell it.
Too many owners walk with buyers and their agents through their home, telling them and pointing out all the selling features. That’s as pleasant for a prospective buyer as having the Macy’s salesgirl follow you around saying how nice you look in the latest shirts or blouses…when you came in to buy socks.
When your home is being shown, make yourself scarce. Go grocery shopping, take Fido for a walk, or at the VERY least make yourself invisible in your backyard or some quiet corner of your home.
You want your potential buyers NOT to feel that they’re being watched or intruding on someone else’s home, but that they’re walking through what may be THEIR next home.
And you also want buyers to feel free to voice objections like, “What WERE they thinking with that plaid wallpaper and hideous carpet?…I couldn’t live like that.” So the agent can give them some redecorating tips, etc.
…So, PLEASE, do NOT be a “helpful seller”!
Investing or Financing Question
"My wife and I have had a lot of credit problems, including a
car repossessed. But we’ve kept good credit for the past couple of years. Now
we’re finally ready to buy our first home. Will the lender find all our old
credit problems? If so, how long do we have to wait before everything falls off
our credit so we can buy a home?"
***ANSWER:
Yes, your lender will run your credit and find EVERYTHING.
But, depending on many factors, you may be able to buy a home right now anyway.
Perhaps your credit isn’t as bad as you think it is. Or you may be able to get
what’s called a sub-prime loan for a higher rate. There’s even a new loan I’ve
found where if you keep your credit clean, they keep lowering your rate without
you having to refinance.
You should talk to a loan professional, have him/her run your credit, and find
out what kind of loan you're eligible for.
If you don't know a good lender, I know a great one who can help you. And they
can give you info on that loan I mentioned where they lower your rate if you
keep your credit good. Just call me at (858)457-KENT...
Hot Properties: Call Now On These Hot New
Listings & Not-Yet-On-The-Market Properties
|
THIS WEEK'S FEATURED PROPERTY! | |
 |
Delightful 'Pacifica' home priced right!
Offers pleasing city & nightlight views, open-beam raised
ceilings for added openness, easy-care yard, and cozy FPL. |
|
For more information on this Wonderful Home Click Here Open House Sun 1-4 | |
"COMING SOON"
(Click Contact Me to be contacted BEFORE these properties hit the market!)
- Chula Vista – Hilltop area 4BR/2BA house w/ 2-car garage on oversize 8,500 square foot lot! Contact Me
- Clairemont – Remodeled 4BR/2BA house + granny flat. 2-car garage. Mid/high 500’s. Contact Me
- Pacific Beach – Custom 4BR north P.B. house w/ spectacular oversize rebuilt kitchen, canyon vu, more. 750-825K! Contact Me
- Poway – BANK-OWNED FORECLOSURE! 3BR/2BA home w/ views. Quiet street. To be around 500K! Contact Me
- San Marcos - Cute Condo - 2BR Close to Restaurant Row and much more in San Marcos, not far from CSU San Marcos Contact Me
- Serra Mesa – Very affordable 2BR condo. More info to follow. Contact Me
- Tierrasanta – BANK-OWNED FORECLOSURE! 1584sqft 3BR/2BA townhome, 2-car garage. Near pool, canyon. Contact Me
NEWLY LISTED (Your Property Here!)
-Chula Vista- Too new for a link! 3BR/1BA.
550-600K Open House Saturday 12-3
- Pacific Beach – Enjoy dazzling bay/city/nightlight views from this north P.B. home w/ large rooms! 900K-1M! Contact Me
- Pacific Beach – Pacifica Home...Priced Right! City Views, 3BR/2BA High on the hill in PB with extra room. Over 1800 s.f. For More Photos Click Here
MORE GREAT HOMES & INVESTMENTS (Your Home Here!)
- Clairemont – Near-2000 sqft home w/ huge 24x21 family room, hardwood floors, RV parking, more. Very private. 575-625K! Check out the photos!
-
SOLD/ Clairemont – 2BR/2BA house w/ oversize backyard, brand-new eat-in kitchen, FPL, vinyl windows, quiet street. 470K
Find More On The Market
- Clairemont – Cute, clean 3BR/2BA home w/ 2-car garage, FPL, dbl-pane windows, lots of upgrades, nice yard: 465K-495K Search the San Diego MLS Here
- Clairemont/Kearney Mesa – 1BR condo w/ GARAGE! Offers new carpet & paint, vaulted ceiling. Just
190-205K Just listed!
- Encanto – ESTATE SALE: Priced below market! 3BR “fixer” house w/ family room, dbl garage, large lot. 415K! More Details and Photos here
-
SOLD/Escondido – ESTATE SALE: Bargain Hunter’s Dream. 3BR house w/ garage on full lot on quiet street. Reduced to 369K!
Find More On The Market
- Jamul –3BR/2BA house w/ brand-new kitchen & country views. FULL ACRE w/ lovely pool, RV parking, large garden: 620K Look at this beauty
- SOLD/La Mesa – Lovely 4BR home nestled in the foothills of Mount Helix on a peaceful, quiet, low-traffic street. 495-540K! Contact Me
- La Mesa/Mt. Helix – BANK-OWNED FORECLOSURE!
Mega-fixer “contractor’s special” 3BR/2.5BA house w/ amazing views! Quick sale
price: $429,900
Details
Check out the great views and more photos here:
- SOLD/ Lemon Grove – Remodeled 1700sqft home on over 1/4 acre. Quiet street, 2-car garage, stunning kitchen. 460-500K Look for other properties
- Linda Vista – 3BR/2BA fixer-upper house w/ spectacular valley & city views! Beautiful street. Priced to sell @ 459K! Hidden Opportunities
-
Mission Valley – Spacious 2BR/2BA condo in the low $300’s! Contact Me
- North Park – Cosmetic Fixer with tons of upside potential For only $460K- Possible to build 3 units??? Contact my office for more info and Click Here to see more now
- SOLD/ Pacific Beach – Upgraded 2BR/2BA townhome 1 block to Tourmaline Surf Park & Beach. Garage, quiet complex. 500-550K! Click here to see more
- SOLD/ Pacific Beach – Custom 4BR north P.B. house w/ spectacular oversize rebuilt kitchen, canyon vu, more. 750-825K!
Find More On The Market
- Phoenix, AZ - Cashflow apartments, zero management, 15% under-market!. 1031 exchange OK. $100K to $2M down. Click here to request more information
- Santee – Beautifully upgraded 4BR home w/ panoramic views! Dual pane windows, custom kitchen w/ oak & granite: 450-465K A Must See
Call me at (858)457-KENT to find out more or
for a private showing. To find other homes, go to
Free MLS
Homesearch.
Clicked on a property, but there’s no info? It may be sold. Call me to
double-check or discover other similar properties we have for you.
Thanks (a little late) to:
Sandy P. for referring me to several people…!
Bill P. for referring me to your Chief to buy a home…
Steve B. for referring your nephew to sell a duplex…
Linn F. for referring someone to buy a home…
Louis C. for referring a friend to buy a home…
Kristin M. for referring a friend to buy a home...
Thank you Jag J. for referring a friend to buy a home…
Thank you Reggie N. for referring a friend to buy a home…
Have a great week...
"The Agent You See EVERYWHERE"
All-Time #1 Agent/Team In San Diego County for RE/MAX
22 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/
Due to production and shipping expense, free items are available only to residents, owners, and people planning to purchase real estate in San Diego.
