Issue #229
In This Issue
Welcome / This Week's Special Offer
Welcome To The Latest Issue
Happy Friday. We’ve got some great questions this week on lots, short sales, & loans. …I’m looking to add 2-3 great people to my team (see Job #1 & #2 below) …The Chargers open Monday night vs. rival Oakland. Their season hinges on two words: Philip Rivers. …Know someone who’d like this free enewsletter? You/they can subscribe by emailing TellAFriend@GaryKent.com. Put their email address in the subject line.
FREE Guide: "How To Buy A Home In San Diego"
Knowledge + Action = Power. So expand your knowledge, take some action, &
order this free guide. You'll discover:
- How to find the right home & best loan
- An easy strategy to persuade owners to sell you there home for $1,000s less
- Make a strong "cash offer" even if you're getting a home loan
- 5 questions you MUST ask your lender before you sign anything
- Other homebuying secrets that may surprise you!
Call (800)748-1340 to have this sent to you FREE via mail. Call 24 hours / 7
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Get On Our 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.
FREE MLS Online Search
For A San Diego or Riverside Home
To search for a home right now, click on:
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Homesearch
CNNMoney Best U.S. Places To
Live 2006
The cities with the SHORTEST COMMUTE per CNNMoney are (median commuting time in
minutes):
1. 11.8 Dubuque, IA
2. 11.9 Bismarck, ND
3. 12.0 Ames, IA
4. 12.0 St. George, UT
5. 12.2 Lake Havasu city, AZ
6. 12.2 Pocatello, ID
7. 12.2 Corvallis, OR
8. 12.3 Chico, CA
9. 12.3 Bloomington, IN
10. 12.3 Sheboygan, WI
We didn’t really expect San Diego to make this list, now did we?
Next Friday: 10 HOTTEST cities.
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 #5 of ???
Oops. One fellow built a lovely MBR/MBA addition over his garage, but forgot one
little item: stairs to get in. The only way to get to it was with a ladder!
---Got your own décor or remodeling NIGHTMARE? Email it to me at
Nightmares@GaryKent.com.
Help Wanted / Job Opportunity #1
I need an energetic person to assist with handling bank-owned foreclosures. It’s
fast-paced w/ lots of detail work involving tracking data, completing extensive
forms, helping determine property values, meeting contractors, meeting
deadlines, & more. Send me your info or resume: fax @ (858)550-3410 or email
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! Send me your info or resume: fax @ (858)550-3410 or
email
AgentJob@GaryKent.com.
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!
Homebuying
Question
"We’re looking
at a home on over a quarter acre, most of it is on a hillside and unusable. The
agent we’re working with keeps telling us that the huge lot means the property
is worth more. Is it?"
***ANSWER:
If the large lot means you have greater privacy, a view, the ability to build
something bigger that is appropriate for the area, etc., that can indeed add
value.
But unusable sloped land in itself only inflates an owner’s ego, not the
property’s value. In fact, it can sometimes be a small negative if you have more
to land to maintain and clear to avoid fire hazard.
I think your agent doesn’t know what he’s doing or he has what I call
“commission breath”…he’s saying whatever he thinks will help make a sale.
“Hi Gary. I’ve heard you and others talk about short sales. What is a short sale?”
***ANSWER:
A short sale (aka "short pay", "short pay-off”) is when a lender or lienholder on a property agrees to receive less than the balance due when the property is sold. I’ll tell you WHY they’d ever agree in just a moment…
Short sales can be an owner's best -- or only -- option when they owe too much to otherwise allow a sale.
Example:
Jack Jones buys a home zero-down @ $500,000. Suddenly Jack has a "hardship" (increased adjustable loan payment, loss of job, divorce, illness, etc.) and must sell. But, similar homes are now selling @ $490,000, which would yield Jack $455,000 after selling costs. He owes $500,000, but can only net $455,000 from a sale.
Jack lists the home for $490,000, SUBJECT TO A SHORT SALE. Jack's Realtor (who’s an expert in short sales) finds a buyer and negotiates with the bank and to take only $455,000. Why? Because they don't want to end up foreclosing on the home and losing even MORE money.
The sale closes and everyone is happy and/or relieved.
Short sales require experience and knowledge to be handled correctly. The average agent does NOT know how to correctly handle a short sale and advise their client.
Short sales were common in the 90's when the market was down. I did 200 of them and as you can guess I’m well versed in the process. Several of my clients are doing or considering short sales right now.
Do you or someone you know owe too much to sell? Call me for a free, confidential, no-obligation consultation to decide if a short sale is the right move for you. Call me at (858)457-KENT.
Investing or Financing Question
"What’s the difference between a
conforming and a jumbo loan?"
***ANSWER:
Conforming loans are residential loans for 400K and below. Their rates are
typically 1/8% to 1/4% lower than jumbo loans (over 400K).
Hot Properties: Call Now On These Hot New
Listings &
Not-Yet-On-The-Market Properties
|
THIS WEEK'S FEATURED PROPERTY! | |
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Cozy Clairemont Home, ready to go!
You'll love this clean, upgraded, family home w/ grassy backyard! Offers
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|
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!)
- Clairemont – Remodeled 4BR/2BA house + granny flat. 2-car garage. Mid/high 500’s. Contact Me
- Pacific Beach – Enjoy dazzling
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- Pacific Beach – Three blocks to the beach! 14 Stunning top-quality
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-- 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 – Quiet, 1-level end-unit 2BR/2BA
home. Attached garage, remod kitch & BA’s w/ granite & more. A/C.
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- Beautiful home with hardwood
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spectacular granny flat. 3BR/1BA.
550-600K
Click for more info Open House
Sunday 1-4
- Chula Vista – Hilltop area 4BR/2BA house w/ 2-car garage on oversize 8,500 square foot lot! Contact Me
Open House Sunday 1-4
- Clairemont – Below-market 2BR condo in gated
community! Light & bright w/ new carpet, paint, upgrades! Just 240-259K
Click here for more info
- Mira Mesa – 3BR/2BA duplex home on a quiet culdesac w/ garage, granite,
huge backyard, spacious patio.! 375-399K.
Want to see more?
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!
- Clairemont – Cute, clean 3BR/2BA home w/ 2-car garage, FPL, dbl-pane windows, lots of upgrades, nice yard: 465K-495K
More Details
Open House Sunday 1-4
- Clairemont/Kearney Mesa
– 1BR condo w/ GARAGE! Offers new carpet & paint, vaulted ceiling. Price slashed
to 190-199K! Just listed!
- SOLD/El Cajon – Remodeled duplex, both 3BR/2BA w/ garage & yard! Ideal
for live-in-one-rent-the-other or investor! 500-550K
Find More On The Market
- Encanto – ESTATE SALE: Priced below market! 3BR “fixer” house w/ family room, dbl garage, large lot. 415K! More Details and Photos here
- 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
Look at some
others
-
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!
More 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
- Pacific Beach – “Pacifica” 3-4BR/2BA, 1800sqft
home w/ FPL, raised open-beam ceilings, 2-car garage, more: Just 750-800K!
See for yourself
- SOLD/Pacific Beach – 4BR home w/ spectacular bay, ocean, city,
nightlight views. Pool, 2-car garage, large yard!
Find More On The Market
- SOLD/Pacific Beach – Cute updated 3BR/2BA north P.B. house. Just
600-650K in a neighborhood of $1M homes!
Look for other
properties
- 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.
Thank you Stephanie G. for referring a business associate to buy a home...
Thank you Michael T. for your referral…
Thank you Dee H. for referring your sister to sell her 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.
