San Diego Real Estate

  Issue #231

In This Issue

  1. Welcome / This Week's Special Offer

  2. Gary's Real Estate Seminars

  3. Homebuying Question

  4. Homeselling Question

  5. Investing or Financing Question

  6. Hot Properties: New Listings BEFORE They Hit The Market

  7. Thank You For Your Referrals

Welcome / This Week's Special Offer


Welcome To The Latest Issue
Welcome To The Latest Issue
You read last week that one of my listings was on the cover of the Union-Trib business section. The owner had it for sale for months with another agent. Well, we just took it over and sold it in just 11 days! …There’s a Fallbrook condo listed since August----of 2003! That’s 1137 days! …Time Magazine recently featured a few sites for searching the entire MLS. Beware, they’re actually “stealth sites” by big realty firms that only let you search THEIR listings. Want to search the entire MLS? Go to Free MLS Homesearch. …Look soon for a free seminar with noted economist & speaker Sanford Goodkin on what to expect in San Diego real estate 2007; you may be surprised!

True Story: Can You Trust Your Lender?
Last year, I represented a homeseller and received an offer with a pre-approval letter. I’d never heard of the loan broker, so I called him. Our conversation went like this…

Me: “So are the buyers REALLY pre-approved?”
Loan Broker: “Oh, yes.”

Me: “How much do they make?”
Loan Broker: “Uh, I don’t know.”

Me: “What do they do for a living?”
Loan Broker: “I don’t know.”

Me: “What’s their credit score?”
Loan Broker: “I don’t know.”

Me: “Have you ever actually spoken with the buyers?”
Loan Broker: “No.”

Me: “So are they REALLY pre-approved?”
Loan Broker: “Not exactly.”

Help Wanted: Two Real Estate Agents
Are you high-energy and driven to succeed? Become a full-time “Buyer-Agent” and help people find their dream home! We provide excellent training, coaching, and pay most expenses! Bilingual/ Spanish a plus, but not required. Send your info or resume: fax (858)550-3410 or email AgentJob@GaryKent.com

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.

CNNMoney Best U.S. Places To Live 2006
These are not just the coolest cities, they’re the COLDEST, as measured by average January temperature, per CNNMoney are:
1. -2.3° Fargo, ND
2. -1.2° St. Cloud, MN
3. -0.6° Bismarck, ND
4. 1.1° Duluth, MN
5. 1.8° Blaine, MN
5. 1.8° Coon Rapids, MN
7. 2.8° Maple Grove, MN
7. 2.8° Minnetonka, MN
7. 2.8° Plymouth, MN
10. 2.9° Sioux Falls, SD
…I’m not sure the term “Best U.S. Places to live” applies here.
Next Friday: Top 10 cities with the MOST SINGLES.

FREE Consultation With A Professional Home-Stager /
Decorator For Homesellers

You’ll be amazed how our Home-Staging Expert can put the finishing touches on or even dramatically transform your home. She’ll show you easy, profitable, often surprisingly simple changes & improvements so your home sells faster & for top dollar.
After your consultation, you have 3 choices:
1. Do nothing
2. Do your own staging
3. Hire our home-stager to use her imagination, time, effort & do all the work for you to maximize your home’s appeal & value.
Available for a limited time. For your free home staging, call me at (858)457-KENT.

Décor & Remodel Nightmare #7 of ???
Start your own Bed & Breakfast--it’s fun, easy, and profitable! That’s just what two very nice ladies did, remodeling a house in a residential neighborhood in Pacific Beach…without checking local zoning laws. Their neighbors were none too happy and the city shut them down faster than you can flip a pancake for a paying customer.
---Got your own décor or remodeling NIGHTMARE? Email it to me at Nightmares@GaryKent.com .

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


Sorry - This Seminar has been postponed.  Keep checking back for more information, or visit www.GaryKentSeminars.com  or call us at 858-457-KENT

 

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   - SEMINAR POSTPONED



Homebuying Question


"I’ve never bought a home before. How much money will I need to spend up front before I know if my loan is approved and I’m able to buy the home?"

***ANSWER:
You’ll typically spend about $750 on your credit report, appraisal, and home inspection.

You’ll also write a big check for your deposit, often 1-3% of the price. But that’s not technically an expense. If you follow through with the purchase, it counts as part of your down payment. If you don’t cancel consistent with the rights and contingencies you have in the contract, it’s 100% refundable.

 

HomeSELLING Question


"What can I do to motivate agents to show and sell my home?”

***ANSWER:
Here are 5 ways:

Price-
Agents show homes they can sell. Price yours near market value, otherwise agents are less likely to show it.

Commission / Incentives-
Agents are putting bread on their table. Offer them a higher commission or other incentive and you’ll get more attention.

Condition-
Agents like showing beautiful homes over ugly ones. It’s only natural.

Access-
With all the homes for sale right now, you must make yours easy to show. Why? If an agent has 20 homes she can show, but only time for five, do you think she’ll show the difficult “no-lockbox, appointment-only, limited-hours, call-agent-to-arrange” ones or the “show-anytime, call-first, use-lockbox” ones?

Good Agent-
Agents like to work with good competent full-service agents. They avoid homes where they have to do the other agent’s work (more work for the same pay) or where their escrows are likely to fall through (more work and NO pay).

Investing or Financing Question


"I have a letter from a mortgage broker saying I’m pre-qualified. Is that sufficient to show a seller that I’m qualified when I make an offer?"

***ANSWER:
Per the conversation you read in the top section of this week’s Q&A, a pre-qualification or pre-approval is only as good as the loan rep that gives it.

From personal experience, I’ve found that only 50% the loan brokers I’ve dealt with are honest and know what they’re doing. The other 50% are the ones that scare me. And unfortunately, the bad ones don’t tell you who they are.

Because of this, the sharper, more experienced agents aren’t satisfied with a letter from a mortgage broker they don’t know, and prefer to have a lender they do know double-check the buyer’s qualifications.

That’s what I do. I don’t know what your seller or their agent will do…

Hot Properties: Call Now On These Hot New
Listings & Not-Yet-On-The-Market Properties

THIS WEEK'S FEATURED PROPERTY!

The Bank Says Sell It!

  Bargain Price on a
Poway Cosmetic Fixer

  • Square footage:1,254
  • BR/BA: 3/2
  • Price: $469,900

For more information on this Wonderful Home Click Here

"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

- Escondido – Spacious 4BR/3BA 2029sqft house w/ large family room, huge backyard, corner lot, dbl garage: 499-535K Contact Me
- Mira MesaSHORT SALE! Newer 3BR/2BA house w/ garage. Details & price (very low 400’s) to follow… Contact Me

- Mission Valley – 2BR/1.25BA condo near Qualcomm. Xlnt condition. To be in the low/mid 300’s Contact Me
- Pacific Beach – Three blocks to the beach! 14 Stunning top-quality LUXURY condos, just fully renovated w/ maple hardwood floors, granite, travertine, Emtek hardware, Moen fixtures, recessed lights, washer/dryer in unit, more! Contact Me
- San Marcos – Cute 2BR condo near Restaurant Row, CSU San Marcos, shopping, movies, more! Price TBD. Contact Me


NEWLY LISTED (Your Property Here!)

- Clairemont – Spacious 4BR/2BA 1883 square foot home w/ large family room, new roof, more! Walk to shopping. Just 475-495K! Contact Me
- Mira Mesa
– 4BR/2BA 1600 square foot home w/ 2-car garage. In great shape w/ many upgrades. 499-525K Contact Me
- Pacific Beach – Enjoy dazzling bay/city/nightlight views from this north P.B. home w/ large rooms! 900K-1M! Contact Me
- PowayBANK-OWNED FORECLOSURE! 3BR/2BA home w/ open views, FPL, 2-car garage, quiet street. $469,900! Get More Details Here
- TierrasantaBANK-OWNED FORECLOSURE! 1584sqft 3BR/2BA townhome, 2-car garage. Near pool, canyon. $494,900 Contact Me
- Tierrasanta – Quiet 1-level ground-floor condo! Remodeled kitchen & BA’s, FPL, large patio, attached garage: 419-445K Contact Me
 

MORE GREAT HOMES & INVESTMENTS (Your Home Here!)

- Chula Vista– Beautifully redone 3BR home w/ new expanded kitchen, gleaming hdwd floors, big 1BR granny flat! 550-600K Such A Deal!
- Chula Vista– Stroll to Hilltop Park from this 4BR/2BA house w/ 2-car garage, fireplace, updated kitchen, French doors: 495-530K! Photos and More Here

- Clairemont – Below-market 2BR condo in gated community! Light & bright w/ new carpet, paint, upgrades! Just 240-259K Click here for more info
- Clairemont – Near-2000 sqft home w/ huge 24x21 family room, hardwood floors, RV parking, more. Very private. 550-575K! 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 Check out the San Diego MLS
- SOLD/Clairemont/Kearney Mesa – 1BR condo w/ GARAGE! Offers new carpet & paint, vaulted ceiling. Price slashed to 190-199K! More available on the MLS

- 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
- SOLD /Encanto
ESTATE SALE: Priced below market! 3BR “fixer” house w/ family room, dbl garage, large lot. 415K! 
Start Your Search 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

- La Mesa/Mt. HelixBANK-OWNED FORECLOSURE! Mega-fixer “contractor’s special” 3BR/2.5BA house w/ amazing views! Quick sale price: $429,900

Click Here to See For Yourself

- SOLD/Linda Vista – 3BR/2BA fixer-upper house w/ spectacular valley & city views! Beautiful street. Priced to sell @ 459K! More Opportunities
- SOLD/Mira Mesa – 3BR/2BA duplex home on a quiet culdesac w/ garage, granite, huge backyard, spacious patio.! 375-399K. 
More Mira Mesa Homes Here
- Mission Valley – SHORT SALE
! Sunny 2BR/2BA townhome w/ vaulted ceilings, inside laundry, FPL, community pool! 310-330K Check out the Amenities

- SOLD/North Park – Cosmetic Fixer with tons of upside potential For only $460K- Possible to build 3 units??? Call my office for more info Want see more just like it?

- 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
- Phoenix, AZ - Cashflow apartments, zero management, 15% under-market!. 1031 exchange OK. $100K to $2M down. Click here to request more information
- Santee – Lovely upgraded 4BR home w/ panoramic views! Dual pane windows, custom kitchen w/ oak & granite. Cut to $449,500! 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 For Your Referrals


Thank you Toni K. for referring a co-worker to buy a home…

Have a great week!


GARY KENT

"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.