Issue #255
In This Issue
Welcome / This Week's Special Offer
Welcome To The Latest Issue
Hello and happy Friday. …Wow, what beautiful weather this week. In case you
were wondering, THAT is why San Diego home prices are so high. …Are you or
someone you know planning to buy a San Diego home this year? Would you or they
like to learn inside information about buying a home today? Come to my free
seminar
March 31,
How
To Buy A Home In San Diego - 2007. Seats are going fast!
True Story: Take My Name,
Please
You gotta love it… Someone stole the identity of one unfortunate Ms. Aurora Lepe.
Using her name, SSN, credit, and forged signatures, they got two home loans and
bought a house in L.A. Then, due to non-payment, the property was sold at a
foreclosure sale, ruining her credit. However, after the loans were paid off,
$51,334 was left over. Such overage from a foreclosure sale is supposed to go to
the previous owner. So guess who got it after going to court? That’s right. Ms.
Lepe, being the previous “owner”, was awarded all $51,334.
Foreclosure Assistant
Needed…ASAP!
- Fast-paced job w/ lots of variety.
- No selling / no license needed
- Driving the county checking on properties & taking photos
- Detailed data entry
- Determining approx value of properties (will train)
You must be dependable, team player, able to meet deadlines, multi-tasker.
$10-$12/hr + bonus. Kevin@GaryKent.com.
U.S. Cities Ranked: Top
10 Biggest Price Losers 2005-2006
Top U.S. metropolitan areas by % change in 4th-quarter median prices 2005 to
2006:
1. -18.0% Sarasota-Bradenton-Venice, FL
2. -17.0% Palm Bay-Melbourne-Titusville, FL
3. -11.7% Cape Coral-Fort Myers, FL
4. -10.4% Springfield, IL
5. - 9.3% New Orleans-Metairie-Kenner, LA
6. - 8.9% Reno-Sparks, NV
7. - 7.8% Barnstable Town, MA
8. - 7.7% Youngstown-Warren-Boardman, OH
9. - 7.0% Toledo, OH
10.- 6.5% Kingston, NY
18.- 4.5% San Diego-Carlsbad-San Marcos, CA
(Source: Wall Street Journal)
Next Week: Top 10 most literate U.S. cities…
Get On Our San Diego
“Foreclosure Hot-List”
Five major lenders have asked me to handle their foreclosures, and I’m
looking for a short list of investors or people wanting to buy a home or
investment up to 5-10% below market. If you’d like to be the first to find out
about them,
click here.
Help Wanted: Two Real
Estate “Buyer Agents”
Energetic, positive, hard-working person wanted to help people find their dream
home! We provide great training, coaching, and pay most expenses.
Bilingual/Spanish a plus, but not required. Call (858)535-7435 or fax
info/resume to Kevin @ (858)550-3410 or email
Jobs@GaryKent.com.
FREE MLS Online Search For A San Diego or Riverside Home
To search for a home right now, click here: Free MLS Homesearch
This Week’s Free
Offer:
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.
Help Wanted: Part Time
Front Desk Assistant
The Gary Kent Team of RE/MAX Associates needs to add a new team member to
help us on Tuesdays and Thursdays from 8:30am-5:00pm. This assistant
position will help handle phones, filing, lead management, & various projects.
Real estate experience is helpful, but not required.
We are looking for:
1. Very computer/internet literate, able to work with standard Microsoft
programs (Word, Excel, etc)
2. Detail oriented, capable of multi-tasking.
3. Able to work independently (self-starter/self-manager) along with working
within our team system
4. Bilingual English/Spanish is a plus
Call (858)535-7435 or fax info/resume to Stephanie @ (858)550-3410 or email stephanie@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.
FREE SEMINAR March 31 / Saturday 10AM-Noon
At "Forum Hall" at the UTC Mall in University City
How To Buy A Home In San Diego – 2007!
…Never bought a home, or just a little rusty?
…Curious to learn so you can confidently make your own choices and look out for
yourself?
…Excited about all the opportunity and great values in today’s buyer’s market?
Then come hear three experts share the inside scoop to buying a home today.
You’ll learn from yours truly plus our home loan expert and a home professional
home inspector.
You'll Discover:
- San Diego real estate forecast—2007 & Beyond:
"Soft Landing" or "Bursting Bubble"?
- What home inspectors Do & don’t inspect. You may be surprised!
- Get pre-qualified FREE, on the spot + get your credit report free
- Why media reports about real estate are so often DEAD WRONG
- Step-by-step plan to buy your dream home in the next 90 days
- Find out your price range, payments, & needed down payment
- How our software got my computer guy a home under market
- 9 ways to make your offer more attractive & beat other offers
- How to avoid buying a home that's a MONEY PIT of problems
- The 3 best loan programs + dangerous mortgages to avoid
- Free email access to under-valued & foreclosure properties
- 7 smart insider tips, whether this is your 1st or 10th home
- Exactly what I would do if I was buying a home today
- Get sellers to pay EVERY PENNY of your closing costs
- 6 ways to profit and plunder in today’s market
- Avoid these 5 homebuying blunders!
- The 80/20 rule for buying a home
To RESERVE YOUR SEAT NOW for this free presentation, click here or call (858)457-KENT!
"We’ve been driving around
pulling property flyers from for sale signs. Why don’t the realtor flyers show
the taxes on the property?"
***ANSWER:
Because the taxes the current owner is paying is irrelevant.
In California, properties are reassessed when they’re sold. The approximate rate
is 1.1% of the price per year. And that goes up 2% per year. Meaning…
If you buy a home for $1,000,000, the taxes will be about $11,000 per year. And
the next year it can go up 2% to $11,220. And then the next year it can to
$11,444, etc.
Other states calculate property taxes different ways. So in some states it DOES
matter what the current owner pays. But not in these parts…
"Can I find out my home value online?”
***ANSWER:
Not exactly.
Two types of websites purport to tell you your home value online: 1) automated;
2) agent/referral.
Automated sites use complex but flawed software to calculate values, typically
less accurate than most owners’ estimate of value. This is due to
incomplete/inaccurate info about the home and algorithms that can’t correctly
evaluate how various factors (location, condition, amenities, etc.) impact
value. Determining home values is both art and science. Forget the art, these
sites don’t even have the science part down.
Agent/Referral sites. Run either by agents or by firms that sell your personal
information to agents. The agents contact you to discuss your home value and try
to convince you to hire them to sell your home. It’s no different than just
calling a real estate office.
Conclusion: You can’t get a decent estimate of your home value online.
Twenty years from now I may regret saying this (if I even remember), but I don’t
think a computer will ever be able to take the place of a human on this one.
Investing or Financing Question
"With the prices
down, I’m seeing a lot of good deals. I’m a first time investor and don’t really
know what I’m doing. I have $55,000 available. What do you suggest?"
***ANSWER:
An ideal investment for you is a small 2BR condo in an established complex.
Condo prices have been hit the hardest, so you can pick up a condo for 250K that
was selling for over 300K in 2005.
Expect to be out of pocket a few hundred dollars per month after taxes. In a few
years you’ll be looking good.
Remember, this is San Diego, so you’re usually going to have a negative cashflow
unless you put down at least 35%.
Check out some of the little condos below as they make may excellent little
investments for you…
Hot Properties: Call Now On These Hot New
Listings & Not-Yet-On-The-Market Properties
|
THIS WEEK'S FEATURED PROPERTY! | |
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Well Maintained Home BR/BA:
3/2 Sqft:1.290 Price:$420,000 |
|
For more information on this Delightful Home Click Here | |
"COMING SOON"
(Click
Contact Me to be contacted BEFORE these properties hit the market!)
- Bay Park – Gorgeously fully remodeled 5BR/3BA view home on quiet street in
great neighborhood. Dbl garage. $800s.
Contact Me
- Chula Vista – Bank Owned Foreclosure! Cute
remodeled 3BR house w/ white picket fence. $300s?
Contact Me
- Chula Vista – Bank Owned Foreclosure! Newer 3BR, 2.5BA, 1452sqft townhome w/ garage. $300s? Contact Me
- Clairemont – Bank-Owned Foreclosure! 4BR/3BA 1614 sqft home in quiet neighborhood. Lo $400s? Contact Me
- Clairemont – Bank Owned
Foreclosure! 3BR house w/ garage. Quiet street. More info to follow.
Lo $400s.
Contact Me
- Downtown –
Bank Owned Foreclosure! 1BR/1.5BA ground-floor condo with direct street entrance.Price
TBD
Contact Me
- Downtown – Bank Owned Foreclosure! 2-year-new 2BR/1BA high-rise condo in Acqua Vista. Price TBD Contact Me
- El Cajon – Bank-Owned Foreclosure! 4BR/2BA house on large 11,300sqft lot w/ pool & garage. Price TBD. Contact Me
- La Jolla – Stunning remodeled home w/ spectacular canyon views, family room, pool, more. Price TBD. Contact Me
- La Jolla – Highly upgraded ocean vu home w/ granite, hardwood, marble, new roof, new windows, new MBA. 2M+? Contact Me
- La Mesa – Bank Owned Foreclosure! Remodeled 5BR/3BA 2537sqft view home on .41 acres. $500s? Contact Me
- Mira Mesa – Bank Owned Foreclosure! 4BR/2.5BA 1804sqft house w/ spa. Should be low $500’s. Contact Me
- National City – Bank-Owned Foreclosure! Vintage Victorian home built 1864! 4BR/3BA, 1852sqft: $400s? Contact Me
- Nestor – Bank Owned Foreclosure!
Stunning 4-yr-new 4BR/3BA 2422sqft house near park. Price TBD.
Contact Me
- Nestor – Bank Owned Foreclosure! 3BR/2BA
house: family room, dbl garage, tile throughout. Mid-$400s?
Contact Me
- North Park – Upgraded 2BR/2BA townhome w/ garage, hardwood floors, large bedrooms. Very high $300’s? Contact Me
- North Park – Bank Owned Foreclosure! Charming 2BR Spanish house, hardwood floors, garage. Low $300’s? Contact Me
- Oak Park – Bank Owned Foreclosure! Cute, upgraded 2BR cottage w/ garage & large yard $300’s? Contact Me
- Oceanside – Bank-Owned Foreclosure! 3-yr-new, 3BR/2BA, 2069sqft house on culdesac. Price TBD. Contact Me
- Oceanside – Bank Owned
Foreclosure! 4BR/2BA home w/ 2-car garage. Very low $400’s?
Contact Me
- Oceanside – Bank Owned Foreclosure!
Stunning 9-yr-new 4BR home w/ sweeping views. Low $500’s?
Contact Me
- Oceanside – Bank Owned Foreclosure!
Handsome 3BR/2.5BA detached home w/ dbl garage. Low $400’s?
Contact Me
- Paradise Hills – Bank-Owned Foreclosure! 3BR/2BA 1373sqft condo w/ 2-car garage. Price TBD Contact Me
- Pt Loma – Bank Owned Foreclosure! Cute 2BR, 1227sqft house w/ garage, 6500sqft lot. High $600’s? Contact Me
- Ramona – Bank-Owned Foreclosure! 2181sqft 3BR house on 6 full acres of horse property. $700s? Contact Me
NEW – Rancho Bernardo – Bank-Owned Foreclosure! Newer beautiful 3BR/2BA manufactured home. Hi $300s?. Contact Me
- Rancho Penasquitos – Bank Owned
Foreclosure! 4BR/2.5BA house. More details to follow. $600ish?
Contact Me
- Scripps Ranch – Bank Owned Foreclosure!
Stunning newer 4BR 2536sf home, many upgrades. $700?
Contact Me
- Scripps Ranch – Bank-Owned Foreclosure! Sharp 4-yr-new 3BR/2.5BA condo w/ yard, patio, dbl garage. Hi $400s. Contact Me
– Spring Valley –
Bank-Owned Foreclosure! 3BR/2BA house: big
yard, mtn views, dbl garage. $400s?
Contact Me
NEWLY LISTED (Your Property Here!)
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NEW - Lakeside – Bank-Owned Foreclosure! VERY affordable 1BR condo. Starter home or great investment! Just $142,900! Take A Look |
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- Oceanside – Bank-Owned Foreclosure! Cheap 1BR condo in “Arbor Hill”. Recent conversion w/ granite, etc. $184,900! Property Information |
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- Pt Loma- Bank Owned Foreclosure! Very affordable 2BR house on quiet cul-de-sac street. Loads of potential. $507,900! Access More Information |
MORE GREAT HOMES & INVESTMENTS (Your Home Here!)
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- Allied Gardens – Bank Owned Foreclosure! BR house w/ remod kitchen, dbl garage, quiet street near Kaiser. $425,900 Free MLS Search |
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- Chula Vista – Bank Owned Foreclosure! 8yr-new Rancho Del Rey townhome w/ dbl garage, gated community. $416,900! See For Your Self |
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- Clairemont – Bank Owned Foreclosure! Updated & upgraded 3BR/2BA house w/ garage. Priced for quick sale @ $454,900! Contact Me |
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- Clairemont – Bank Owned Foreclosure! West Clairemont 2BR townhome w/ garage, large living room, patio. Reduced: $265,900 Search MLS |
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- Downtown – Bank Owned Foreclosure! 2BR 2nd-floor condo in historical & famous CORTEZ HILL. $519,900. See The View |
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- Encanto – Upgraded 3BR/1.5BA home with oversize grassy backyard & double garage. Priced for quick sale at 369-400K View Details |
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- La Costa – Just-remodeled luxury Mediterranean-style 4,800 sqft estate on huge lot, right on La Costa Golf Course. 1.695-1.795M Look For Yourself |
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- La Jolla – Bank Owned Foreclosure! Upgraded, spacious 3BR/2BA 1-story house on culdesac in “Windemere.” $959,900! More Information |
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- La Jolla – Bank Owned Foreclosure! Remod 3BR/2BA penthouse ocean vu condo 2 blks to beach. Hdwd flrs. $569,900! Contact Me |
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- La Mesa – Bank Owned Foreclosure! 3BR house on quiet street with big yard. $2500 closing cost credit. $376,900. More Information |
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- Logan Heights – Bank-Owned Foreclosure! 2800sqft HEAVY fixer-upper house w/ garage, curb appeal, big lot. $510,000 View Pictures and Features |
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- Mira Mesa – Bank Owned Foreclosure! 2BR/2BA condo, 913 sqft, lovely complex near I-15. Priced attractively @ $249,900. Contact Me |
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- Mission Valley – Short Sale! Oversize 2BR/2BA condo near USD, YMCA. Security parking for 2 cars. $333,550. Find Out More |
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- Mission Valley – CHEAP 1BR end-unit condo w/ golf course vu in gated community! Ideal starter investment or 1st home. 185K! See For Yourself |
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- Mission Valley – Bank Owned Foreclosure! 11BR condo, 604 sqft, tennis, pools, near Qualcomm. $216,900! Contact Me |
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- Nestor – Bank Owned Foreclosure! 3BR/2BA, 1224 sqft condo w/ large patio, near pool & playground. Just 305K! More Info |
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- Oceanside – Bank-Owned Foreclosure! Affordable 2BR/1.5BA 1280 sqft condo w/ garage (rare @ this price!). $249,900 Property Information |
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- Oceanside – Newer 3BR/2BA home in Williams Ranch w/ private yard. Near new middle school and community park. 420-450K! Find Out More |
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- Oceanside – Bank-Owned Foreclosure! Newer 4BR/2.5BA house w/ huge yard, panoramic views, great area. $579,900 Pictures |
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- Pacific Beach / Crown Pt– Bank Owned Foreclosure! Remodeled 2BR/2BA w/ bay/city views. Walk to bay! $434.900. Free Info On the Home |
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- Paradise Hills – Bank Owned Foreclosure! 3BR/2BA 1183sqft condo w/ large covered patio. $314,900. Check It Out |
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- Rancho Bernardo – Bank Owned Foreclosure! 4BR/2BA 1913 sqft house on culdesac. New paint/carpet/granite. $579,900! See What Its Like |
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- San Marcos / San Elijo Hills – Stunning, sunny & open 4/2.5 home w/ bonus room. Built 2004 w/ all the upgrades. 612K. See For Yourself |
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- San Marcos – Bank Owned Foreclosure! Stunning near-new 3BR/3BA, 2259sqft view house, gated community. $564,900. Find Out More |
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- Tierrasanta – Bank Owned Foreclosure! 4BR/2.5BA 2592 sqft fixer house on quiet street. Bargain at $634,900! Free Info About the Home |
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 Jo P.
for referring your son to me to sell a home…
Thank you Jo P. for referring your daughter to me to buy a home…
Thank you Jo P. for referring your friend’s son to me…
Have a great week...
"The Agent You See EVERYWHERE"
All-Time #1 Agent/Team In San Diego County for RE/MAX
22 Years Experience -- 3,100+ Homes Sold
Gary Kent Team --- RE/MAX Associates
(858)457-KENT --- (858)457-5368
GaryK@GaryKent.com -- http://www.garykent.com/
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