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Issue #342

 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
Hello and welcome to the latest issue. …Whatever your politics, we’ve witnessed a historic event this past week. …Got back from a 2-day conference with Fannie Mae this week in Dallas. They have some bright, capable, and creative people managing their foreclosure process. A big surprise was how much they care about and want to mitigate the effect on the homeowners, tenants, neighbors, and neighborhoods impacted by their foreclosures.

CRAIGSLIST WARNING #2: Landlords Beware!
Last week I warned you of crooks offering homes they don’t own for sale or rent on Craigslist, hoping to pocket deposit and rent checks from unsuspecting people. One of my staff put his rental property on CraigsList only to find a reverse swindle: bogus tenant inquiries from scammers trying to acquire bank account info allegedly to wire rental deposit money, but really to drain the landlord’s bank account. For your amusement, I’ve attached 3 of the emails. One even attached a “personal” photo…swiped off a Hawaiian model agency’s website!

There ARE Bargains Out There…
A bank has asked me to sell a condo for them. It sold for 276K in April of ’05. I evaluated it in May at just 110K. Now that the occupant has been evicted, I re-evaluated it last week at…75K! The value has fallen a shocking 73% from 276K to 75K in just 3 1/2 years!

True Story: What’s The Payment On A $750M Home?
Russian Billionaire Roman Abramovich has reportedly paid $750M for a castle estate on Cote d’ Azur in the French Riviera. The home was originally built for King Leopold of Belgium to house his…uhh… mistresses. The $750M is a new world record for a private home, surpassing the $114M price tag for a London mansion paid by Indian steel magnate Laskhmi Mittal—chump change by comparison.

In case you were wondering, if you could get a 20% down loan on the home (you can’t) at 7%, the payment would be a tidy $3,991,815/month…plus property taxes and insurance.

$7500 Tax Credit Available For Many Homebuyers
First time home buyers get a tax credit up to $7,500 for buying a principal residence between 4/8/08 and 7/1/09. You must not have owned a home in the U.S. in the previous three years. Highlights:

  • First time homebuyers who purchase a principal residence between 4-9-08 and 7-1-09 qualify for the tax credit. (It’s retroactive if you’ve already closed.)

  • The maximum credit is $7500 OR 10% of the purchase price if less than a $75,000 sales price.
  • If you purchase the home in 2009, you can elect to amend 2008 tax returns and claim the tax credit.
  • The tax credit is later “Recaptured” by the IRS, so it’s really an interest-free loan paid back evenly over a 15-year time period. For instance, a $7500 “credit” is paid back at $500 per year. Homebuyers skip a year before payments start.
  • Consult your account to verify.

In summary, this is basically a tax-free, interest-free loan. If you are a first-time homebuyer thinking of buying a home, call us at (858)457-KENT to take advantage of this tax credit.

Top 10 Worst U.S. Metros For Foreclosures, Q3 2008
Florida, California, Nevada, and Arizona have the bulk of U.S. foreclosures. Of the top 20 metro regions with the highest foreclosure %, only Detroit and Atlanta are outside these states. Here are the top 10 metros as ranked by % of homes in foreclosure:

1 3.69% Stockton, CA  
2 3.48% Las Vegas, NV  
3 3.09% Riverside/ San Bernardino, CA  
4 2.58% Bakersfield, CA  
5 2.30% Fort Lauderdale, FL  
6 2.11% Phoenix / Mesa AZ  
7 1.97% Sacramento, CA  
8 1.87% Orlando, FL  
9 1.68% Fresno, CA  
10 1.64% Oakland, CA  

How Times Have Changed Dept.
Rates are in the 6%-7% range and some people are complaining. One of my preferred lenders told me he remembers that in the mid-1980’s when rates dropped below 13%, there was actually a refinance craze.

Join Our “Preferred Client Group” For The Best Values
I find great real estate deals every week. But too often we can’t match a client in time and someone else scoops it up. (My bank-clients won’t let me buy their properties, or I’d be my best client!)

So I developed my “Private Client Group”, a select group of people serious, qualified, and ready to grab a great deal on a home or investment when -- or before -- it hits the market.

If you’d like to be in the Preferred Client Group, you need to:

  1. Pre-approve with our approved lender
  2. Come in for a short sit-down counseling session
  3. Commit to work with us
To join and get the jump on great real estate values, call us at (858)457-KENT or email us at PCG@GaryKent.com

Check Out Our Foreclosure Hot-List
Looking for a deal? 50+ of my REO (foreclosure) properties have discounts of 10% to a whopping 52% from their previous values. Click on www.Foreclosure-Hotlist.com to check out my brand-new Foreclosure Hot-List website. We’ll update the site regularly, so be sure to bookmark it and return frequently. And forward this link to a friend!

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 Special Offer
Five Easy Steps To Selling Your Home
After serving your neighbors 24 years, I know selling your home is a big deal. Many people just aren’t clear how to start. To make it easy for you, here are 5 simple and easy steps to get your questions answered and get on the right track…

1. Call me at (858)457-KENT
We'll chat by phone a few minutes and answer all your questions. Take me for a “telephone test drive” to see if you're comfortable. If not, just tell me “don't call me, I'll call you,” and I won't call you. I promise.

2. Get a free, quick, over-the-phone estimate of your home value
Even if you follow nearby sales, it's hard to know the value of YOUR home, so let's get that handled. (If you want a more accurate figure, just invite me over to see your home.)

3. Get a list of easy, no/low-cost profitable fix-ups for your home
After selling 3,100 homes, I know simple things to increase your home value…that pay you back 2-to-1, 5-to-1, even 10-to-1.

4. Free sit-down consultation & game plan
Get the details on how I sell so many homes for clients. Let’s figure out your timing and a step-by-step game plan for selling and possibly buying another home. Know I'll always “give it to you straight”: no empty promises or flattering you with a high price you won’t get. Good, honest advice.

5. Take the plunge, but with a life-preserver
Perhaps we’ll decide to work together. Signing a listing contract is a big decision, so let's take the pressure off. You'll have the right, in writing, to cancel our agreement for any reason.

If this makes sense and you like my approach, let’s talk… Call me at (858)457-KENT. I look forward to your call!

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 @ UTC Mall – January 31st, 2009:
“How To Buy A Foreclosure In San Diego”
Fantasy vs. Reality: Discover the truth about foreclosures/REOs
-- Saturday, January 31st, 10AM-Noon --
Click for Seminar Flyer / Click to Reserve Your Free Seat

Dreamers Need Not Apply.
Sorry… This isn’t a phony get-rich-quick seminar on buying foreclosures (also called “REOs”) 50¢ on the dollar or buying zero down with bad credit and no job. That’s NOT reality.

When you attend, you'll discover the truth about:

  • Top 10 San Diego neighborhoods with the best REO deals today
  • How much banks negotiate off their price
  • 5-step plan to getting a great value on a foreclosure in 90 days
  • Wise, timely words millionaire Baron Rothschild said in the 1800s
  • Traps in the small-print that banks make you sign
  • The #1 mistake people make when offering on an REO
  • How to get banks to pay EVERY PENNY of your closing costs
  • Auction tricks, traps, and pitfalls that I swear will shock you
  • Free email access to undervalued & foreclosure properties
  • The ugly truth about “short sales”…and it IS ugly
  • What to watch out for in an REO
  • Much more
Click for Seminar Flyer  Click to Reserve Your Free Seat

HomeBUYING Question

"How long does a homebuyer have to inspect a home?"

***ANSWER:
The time period is set by negotiation, but typically you’ll have 7 to 17 days to do all your inspections and investigations. There are a few bank/sellers out there that want you to inspect BEFORE you make your offer.

HomeSELLING Question

"If the Buyer has discretion to release all or a portion of a deposit to the Seller in the event the buyer cancels without cause, how is the Seller protected? It seems the Buyer has all the power in this situation--that doesn't seem right."

***ANSWER:
The escrow company can release a buyer's deposit to the seller or back to the buyer only with mutual instructions from the buyer and seller, or a court or arbitration order.

So if the buyer cancels w/o the right to do so, the escrow company cannot automatically give it to you or return it to the buyer. They must wait until the buyer and seller agree and instruct them, or until they receive a court or arbitration order.

Investing or Financing Question

"I heard that if you buy a foreclosure that the bank puts some onerous restriction on your ability to sell it for a profit. Do you know anything about that?"

***ANSWER:
The only “bank” that I know that does that is Fannie Mae. But it’s not onerous at all.

If you buy a Fannie Mae property as an investment, they place a deed restriction that for 3 months after closing, you cannot sell or refinance it for more than 120% of the price you paid.

After 3 months, you can do anything you want.

So it may restrict you if your plan is to fix and flip immediately. But otherwise it shouldn’t be an issue.

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

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

THIS WEEK'S FEATURED PROPERTY!

Spacious
Clairemont Home

Open House This Sun.
From 12-3pm

  • BR/BA: 3/2
  • Sqft: 1,032
  • Price: $349,900

5048 Dawne St
San Diego, CA 92117

– Clairemont – Foreclosure! Starter house w/ FPL, big yard, California room. Quick access to 52 & 805. Property Features
3BR/2BA, 1032 sqft
Last sold @ 529K >>> Now $349,900

"COMING SOON"
(Click Contact Me to be contacted BEFORE these properties hit the market!)

– Bonita – Foreclosure! Gorgeous 2-story home on large 8658sqft lot, vaulted ceiling, remodeled kitchen, 3-car garage! Contact Me
5BR/3BA, 2832sqft
Last sold @ 825K >>> Price to be determined.
– Campo – Foreclosure! Huge home on 1.31 acres w/ barn, + 2 additional buildings. Lots of room for toys & workshop. Contact Me
3BR/2BA, 3601 sqft
Last sold @ 465K >>> Now 400?
– Chula Vista – Foreclosure! Spacious home on large 9300sqft lot, 4BR/2BA, 1600 sqft, plus detached room/granny flat! Contact Me
Last sold @ 507K >>> Now 300s?
– Clairemont – Foreclosure! Fixer-upper 4BR/2BA house needs lots of help. No garage, large lot. Contact Me
4BR/2BA, 1635 sqft
Last appraised @ 489K+ >>> Now low 300s?
New – Downtown – Foreclosure! Corner 3-year-new “Park Blvd East” condo near Petco Park w/ no common walls, views, granite. Contact Me
2BR/2BA, 980 sqft
Recently appraised @ 486K+ >>> 300s?
– Downtown – Foreclosure! Upgraded 3-year-new end-unit loft w/ stainless steel, granite. Complex has gym, rec room. Contact Me
1BR/1BA, 718 sqft
Last sold @ $357,000 >>> Now 200K?
– East San Diego – Foreclosure! Cozy 2BR, 751 sqft condo w/ quick freeway access. More info to follow. Contact Me
Last sold @ 276K >>> Now mid-100s?
– East San Diego / Oak Park – Foreclosure! Affordable 3BR, 1,044 sqft house. More info to follow. Contact Me
Last sold @ 423K >>> Now high 200s?
New – Eastlake Area – Foreclosure! 5-year-new home w/ 2-car garage. More info to follow. Contact Me
3BR/2.5BA, 1756 sqft
Recently appraised @ 617K >>> Price TBD
– Eastlake Area – Foreclosure! Sharp 3-year-new townhome w/ 2-car garage, many extras. Contact Me
3BR/2.5BA, 1586 sqft
Last sold @ ? >>> To be low/mid-200s?
– Encanto – Foreclosure! Four units w/ lots of parking. Near trolley, shopping, schools. Contact Me
Last sold @ 510K >>> Now low 300s?
– Encanto – Foreclosure! Handsome, 70’s built 4BR/2BA, 1582 sqft house on huge 9500 sqft lot. Nice street. Contact Me
Last sold @ $467,500 >>> Now 300s?
– Encanto – Foreclosure! 3BR/2BA, 1409sqft home on 6,000 sqft lot. Has FPL, garage, large backyard. Contact Me
Previously appraised @ $361,250K >>> Now 300K?
– Escondido – Foreclosure! 4BR/3BA, 1749 sqft house on large 6800 sqft lot. Quick freeway access. Contact Me
Recently appraised @ 468K+ >>> Now 300s?
– Escondido – Foreclosure! Remodeled 4BR/2BA house w/ hardwood floors, pool, 2-car garage, more. Contact Me
Sold June 2007 @ 400K >>> Now 300K?
– Escondido – Foreclosure! Cute 2BR/2BA, 1092 sqft home on large 7,000 sqft lot w/ 2-car garage, big yard, some upgrades. Contact Me
Last sold @ 500K >>> To be 200s!?
– Escondido – Foreclosure! Affordable 2BR/2BA, 950 sqft condo. Dual masterbedrooms, FPL, garage, & more. Contact Me
Last sold @ 345K >>> To be mid/low 200s!
– Fallbrook – Foreclosure! Lovely 3BR home on 5.51 acres w/ back country views & 2-car garage! Possible lot split. Contact Me
3BR/2.5BA, 2046 sqft
Last sold @ 604K >>> Now 500K?
– Julian – Foreclosure! House on .24 acre lot. More info to follow… Contact Me
Last sold @ 230K >>> Now 500K?
– La Mesa – Foreclosure! Mid-century home w/ hardwood floors on large 8000 sqft lot in great neighborhood w/ xlnt schools. Contact Me
(No info) >>> To be in the 500s?
– Lakeside – Foreclosure! Dirt-cheap condo ideal for investor or first-time homeowner. Contact Me
2BR/1BA, 728 sqft
Appraised @ 131K+ >>> To be in the 80s?
– Lakeside – Foreclosure! Spacious single family home on .28 acre lot with 2-car garage. Contact Me
3BR/1BA, 1719 sqft
Recently appraised at ??? >>> To be 200s?
– Linda Vista – Foreclosure! Large 4BR/2.5BA, 1987 sqft house. Corner lot, red tile roof, 2-car garage, more. Contact Me
Previously appraised @ 680K+ >>> Now 400s?
– Mission Valley – Foreclosure! Cute Mission Greens condo near golf course, YMCA, Fashion Valley mall. Contact Me
1BR/1.5BA, 882 sqft
Last sold @ 309K >>> Now low 200s?
– National City – Foreclosure! Contractor’s special: 2-year-new townhome w/ 2-car garage, near Plaza Bonita. Contact Me
3BR/2.5BA, 1734 sqft
Recently sold @ $656,500 >>> Now mid 200s?
– National City – Foreclosure! 2-year-new townhome w/ 2-car garage, greenbelt view. Borders Bonita, near Plaza Bonita. Contact Me
3BR/2.5BA, 1734 sqft
Last sold @ $609,000 >>> Now high 300s?
– National City – Foreclosure! Large 2BR/2.5BA, 1554 sqft condo near Plaza Bonita. Contact Me
Last sold @ 360K >>> To be 200s?
– National City – Foreclosure! Upgr 3BR, 1117 sqft home w/ master suite, large yard, + new cabinets, countertops, stove. Contact Me
Last sold @ 394K >>> Now low 200s?
– National City – Foreclosure! Newly built (2006) 3BR/2.5BA, 1735sqft home w/ 2-car garage. Contact Me
Recently sold @ 497K >>> Low 400s?
– National City – Foreclosure! Stunning 2-year-new 3BR/3BA, 1425sqft attached home w/ 2-car garage. Contact Me
Last appraised @ 406K >>> List in the 300s.
New – Nestor – Foreclosure! Affordable, attractive home w/ FPL, 2-car garage, quick access to 5 frwy. Contact Me
3BR/2BA, 1115 sqft
Previously appraised @ 450K >>> To be mid-200s?
– Nestor – Foreclosure! Private, light & bright townhome w/ large rooms, spacious backyard, interior laundry, more. Contact Me
3BR/2BA, 1222 sqft
Last sold @ 365K >>> To be high 100s?
– North Park – Foreclosure! Spanish 1936-built home: archways, hrdwd floors, FPL, crown molding, coved ceilings. Contact Me
2BR/1BA, 1071 sqft
Last sold @ 550K >>> To be 300K?
– Oceanside – Foreclosure! Bright & open “Bel Canto” home, built 1990. Great neighborhood, hdwd floors, culdesac. Contact Me
4BR/2.5BA, 2059 sqft
Recently sold @ 580K >>> Now mid 300s?
– Oceanside – Foreclosure! Enormous 6-7BR/3BA, 2203 sqft house on 9200 sqft lot. Ideal for very large family. Contact Me
Recently appraised @ 504K+ >>> Now 400s?
– Oceanside – Foreclosure! 3BR/2BA, 1186 sqft home on immense 11,900 sqft lot w/ 2-car garage. Near park. Contact Me
Last sold @ 400K >>> Now 300K?
– Poway – Foreclosure! Central Poway home on larage 7405 sqft lot w/ 2-car garage. In fabulous Poway school district. Contact Me
4BR/2.5BA, 1517 sqft
Recently appraised @ 528K+ >>> Now high 300s?
– Ramona – Foreclosure! Cute condo just off Main Street in downtown Ramona. Contact Me
2BR/1BA, 884 sqft
Recently appraised @ 231K+ >>> To be mid-100s?
– Rancho Bernardo – Foreclosure! Lovely, expansive single-story home in “Summers On The Green” community. Contact Me
3BR/2.5BA, 2228 sqft
Last sold @ 650K >>> Low 500s?
– Rancho Bernardo – Foreclosure! 1989-built single family house w/ dbl garage. South of Camino Del Norte & West of I-15. Contact Me
4BR/2BA, 1760 sqft
Recently appraised @ $602K+ >>> Now 300s?
New – Rancho Penasquitos – Foreclosure! Smart corner unit townhome w/ laundry, no Mello-Roos. Contact Me
2BR/2BA, 881 sqft
Last sold @ 345K >>> To be high 100s?
– San Carlos – Foreclosure! Golf course view 4BR/2BA, 1556 sqft home w/ 2-car garage, covered deck, waterfall. Contact Me
Last sold @ 589K >>> Now low 400s?
– San Marcos – Foreclosure! Upgraded “Santa Fe Hills” home, kitchen w/ breakfast bar, fireplace, community pool/spa! Contact Me
3BR/2BA, 1315sqft
Last sold @ 384K >>> Price to be determined.
– San Marcos – Foreclosure! Very affordable house in great community. 2BR house w/ 1-car garage w/ low maintenance yard. Contact Me
2BR/1BA, 844 sqft
Last sold @ 459K >>> Now 300s?
– San Ysidro– Foreclosure! Handsome 4BR home w/ FPL, RV parking. Great home or rental house. Contact Me
4BR/2BA, 1507 sqft
Last sold @ 441K >>> To be low 300s?
– Santee – Foreclosure! Affordable, updated “Riderwood Gardens” 3BR/2BA 1144 sqft condo w/ garage. Contact Me
Recently appraised @ ??? >>> Now 200s?
– Santee – Foreclosure! Vintage 3BR/2BA house on large 6969 sqft lot. More info to follow. Contact Me
Recently appraised @ 425K+ >>> Now high 300s?
– Santee – Foreclosure! Spacious 2-year-new, 2BR/2BA, 1075sqft condo w/ 2-car garage, hardwood floors, more. Contact Me
Last sold @ 435K >>> Mid/lo-$300s?
– Serra Mesa – Foreclosure! Spacious 1BR/1BA, 682sqft ground-floor condo w/ FPL, big walkin closet, no stairs. Contact Me
Last appraised @ $181,500 >>> Now mid/low-$100s?
– Sorrento Mesa – Foreclosure! Stunning 12-year-old home w/ 3-car garage, large yard, 1BR/1BA downstairs. Contact Me
4BR/3BA, 2432 sqft
Recently appraised at ??? >>> To be low $600s?
– Spring Valley – Foreclosure! Affordable 2BR condo in gated Ashford Park complex. Offers cathedral ceilings, FPL, more. Contact Me
2BR/2.5BA, 1020 sqf
Last sold @ 314K+ >>> To be 200?
– Spring Valley – Foreclosure! Big 4BR/2BA, 1962 sqft home on a quiet street. 2BRs & 1BA on each floor. Contact Me
Last sold @ 544K >>> To be in the high 300s?
New – Tierrasanta – Foreclosure! Remodeled townhome w/ garage, many upgrades, vaulted ceilings. Contact Me
2BR/2.5BA, 1068 sqft
Recently appraised @ 309K+ >>> To be 200s?
– University City – Foreclosure! ute condo in “Verano” in the La Jolla Colony area. Quick access to I-5, La Jolla, UCSD, etc. Contact Me
1BR/1BA, 704 sqft
Recently appraised @ 310K >>> To be very low 200s?
– Vista – Foreclosure! Charming home on view knowl w/ wood floors, recent remodel, evening lights view, more. Contact Me
2BR/2BA, 1350 sqft
Last sold @ 417K >>> To be high 200s?
– Vista – Foreclosure! Affordable upper 1-level unit. Ideal for investor or first-time homebuyer. Contact Me
2BR/1BA, 800 sqft
Recently appraised @ 265K+ >>> To be low 100s?
– Vista – Foreclosure! Giant .7 acre lot w/ cute 2BR, 898 sqft house built in 1940. Incredible potential. Contact Me
Last sold @ $472,500 >>> To be low 300s?

NEWLY LISTED (Your Property Here!)

New/Sold – Carlsbad – Foreclosure! Darling “Tamarack Point” attached home w/ 2-car garage on quiet culdesac. MLS Search
2BR/2BA, 1348 sqft
Last sold @ $492,500K >>> Now $305,000
– Clairemont – Foreclosure! Starter house w/ FPL, big yard, California room, 2-car garage. Quick access to 52 & 805.
Check It Out
3BR/2BA, 1032 sqft
Last sold @ 529K >>> Now $349,900.
New – Encanto – Foreclosure! Two-story 1979-built culdesac home in great neighborhood; new carpet, paint, range, large yard. Contact Me
4BR/2.5BA, 1935 sqft
Last sold @ ? >>> Now $299,900
– Lemon Grove – Foreclosure! Handsome remodeled home w/ newer kitchen & baths, lovely patio, big backyard, 1/4 acre lot. See For Yourself
3BR/2BA, 1175 sqft
Last sold @ 515K >>> Now $239,900!
– Nestor – Foreclosure! Huge heavy fixer-upper home on full lot w/ 2-car garage. Quick access to 5 and 805 freeways. Property Features
3BR/3BA, 2080 sqft
Previously appraised @ 372K >>> Now $289,900
– Point Loma – Foreclosure! Cute Loma Portal area house w/ garage, on 5400 sqft lot. Contact Me
2BR/1BA, 961 sqft
Recently appraised @ 650K? >>> Now $499,000
– Point Loma – Foreclosure! Cute Loma Portal area house w/ garage, on 5400 sqft lot. Contact Me
2BR/1BA, 961 sqft
Recently appraised @ 650K? >>> Now $499,000
New – Spring Valley – Foreclosure! Attractive newer home on culdesac w/ magnificent views of Sweetwater Reservoir.
More Info
4BR/2.5BA, 1880 sqft
Last sold @ 565K >>> Now $365,000.

MORE GREAT HOMES & INVESTMENTS (Your Home Here!)

– Clairemont – Foreclosure! Spacious & sunny 1-level upper unit. Ideal for first-time homebuyer or investor.
More Info
3BR/2BA, 1134 sqft
Last appraised @ 489K+ >>> Now $211,900
– Downtown – Foreclosure! Ground-floor 2BR/2BA, 1143 sqft, “Symphony Terrace” condo w/ no common walls. Check It Out
Last sol @ 425K+ >>> Now $299,900
– Eastlake Area – Foreclosure! Handsome, 5-year-new 3BR/2BA, 1598sqft home 2-car garage. Could be 5BRs!
Contact Me
Recently sold @ 570K >>> $309,900!
– Eastlake Area– Foreclosure! Eye-catching 9-year-new house in Eastlake Greens. Beautiful backyard, red-tile roof, more. Take A Look
4BR/3BA, 1887 sqft
Last sold @ $627,500 >>> Now $405,900
– East San Diego – Foreclosure! Very affordable house on large 6250sqft lot! Listed 67.5% below what it last sold for! More Info
2BR/1BA, 933 sqft
Last sold @ 415K >>> $134,900
Sold w/ 10 Offers – Eastlake Area – Foreclosure! Attractive 5-year-new 1-level house w/ many upgrades, 2-car garage. MLS Search
3BR/2BA, 1908 sqft
Last sold @ 399K >>> Now $355,000
– Encanto – Foreclosure! Recently renovated 4BR/2BA, 1339sqft home on overize 7200 sqft lot. Check It Out
Last sold @ 450K >>> A steal @ $179,900
– Escondido – Foreclosure! Cute 3BR/2BA, 1092 sqft home on large 7,000 sqft lot w/ 2-car garage, new paint, new carpet. More Info
Last sold @ 500K >>> Now $199,900
– Escondido – Foreclosure! 3BR/2BA, 1,620sqft house on almost 1/2-acre! 2-car garage. More info to follow. See More
Last sold @ $350,000 >>> Now $269,900!
– Escondido – Foreclosure! Handsome 1985-built house w/ upgraded appliances, granite counters, new paint. Contact Me
3BR/2BA, 1636 sqft
Last sold @ 470K >>> Now $299,900
– Escondido – Foreclosure! Updated and affordable 2BR condo w/ garage. Needs a little TLC. Great starter home or rental. Contact Me
Previously appraised @ 240K+ >>> Now $114,900
– Escondido – Foreclosure! Cute condo in private gated Broadway Pines complex. Looks great w/ new carpet, paint, etc. Take A Look
2BR/2BA, 950 sqft
Last sold @ 275K >>> Now just $119,900
– Escondido – Foreclosure! Lovely 3BR/2BA, 1144 sqft house w/ 2-car garage. 6100 sqft lot. More info to follow. View Details
Recently appraised @ 561K+ >>> Now $204,900!
– Escondido – Foreclosure! Quiet 2BR/2BA upper-level condo w/ granite in kitchen & baths, tile flooring, garage! Take A Look
Last sold @ 314,500 >>> Now $150,900
– Escondido – Foreclosure! Former model in recent condo conversion: private patio, MBR walk-in closet, newer appliances. Check It Out
2BR/1BA, 864 sqft condo
Last sold @ 270K >>> Just $100,000!
– Fallbrook – Foreclosure! Lovely home on 5.9 acres in gated, private, and peaceful De Luz community. Many upgrades.
More Info
3BR/2.5BA, 1970 sqft
Recently appraised @ apx 655K >>> Just $450,000
– Fallbrook – Foreclosure! Secluded home has golf course & sunset views + private pool w/ waterfalls & spa. 1.02 acres. More Info
3BR/2.5BA, 3225 sqft
Recently appraised @ apx 965K >>> $675,000
– La Jolla – Foreclosure! Huge, single-level condo in security complex. Birdrock area, 2 blocks to ocean. More Info
2BR/2BA 1387 sqft
(No info) >>> Just $446,900!
– La Mesa – Foreclosure! Vintage 1930-built house on .27 acres. 2-car garage & many extras. Take A Look
3BR/2BA, 1338 sqft
Last sold @ 450K >>> Just $314,900
– Lemon Grove – Foreclosure! Mid-century 3BR home on 6000 sqft lot w/ 2-car garage. Needs carpet, paint, TLC. View Details
3BR/2BA, 1188 sqft
Appraised @ 431K+ >>> $199,900
Reduced – Lemon Grove – Foreclosure! 1977-built 2BR+2BR duplex on 6098 sqft lot. One unit is fixer, the other pristine. Contact Me
Recently appraised @ $472,500+ >>> Now $189,900!
– Linda Vista – Handsome 4-yr-new 5BR/4BA, 2074 sqft house on .29 acre canyon lot. Property Features
Value range 545-595K.
– Logan Heights – Foreclosure! Gorgeous 2-year-new, 4BR/2.5BA townhome w/ 2-car garage, granite, stainless steel. Check It Out
Last sold @ 439K >>> Now $209,900!
Sold – Logan Heights – Foreclosure! Fixer detached house/condo with yard. A bargain. MLS Search
3BR/1BA, 1048 sqft
Recently appraised @ 250K >>> Now just 99K!
– National City – Foreclosure! 3BR, 1170sqft cosmetic fixer on oversize 10,600 sqft lot. Quiet street, huge backyard. More Info
Recently appraised @ 302K+ >>> Now $199,900
– National City – Foreclosure! 3BR handyman special: Unfinished remodel w/ wood floors, big lot, huge potential! Contact Me
Bank foreclosed @ 380K >>> $179,900.
Sold – Nestor – Foreclosure! Cheap 3BR/2BA, 1071 sqft condo in nice area near schools. Seller may pay closing costs.
MLS Search
5BR/3BA, 1854 sqft
Last sold @ 325K >>> Now $94,900!
– Nestor – Foreclosure! Stunning 4-year-new home w/ views to Mexico, Point Loma, & Downtown. Corner lot on culdesac. Property Features
3BR/2BA, 1677 sqft
Last sold @ $589,500 >>> Now $335,000
– Nestor – Foreclosure! Affordable upper 1-level unit. Ideal for investor or first-time homebuyer. See For Yourself
2BR/1BA, 800 sqft
Recently appraised @ 265K+ >>> Now just $70,000!
– Normal Heights – Foreclosure! Two units: 2BR + 1BR, total 1235 sqft w/ garage. Contact Me
Last sold @ 565K >>> Now $299,000.
– North Park/South Park – Foreclosure! 4BR/2BA canyon view home. Zoning allows additional unit! (Buyer to verify.) More Info
Recently appraised near 500K >>> Now $379,900.
Sold – Otay Mesa– Foreclosure! Cute condo w/ 2-car garage. A steal @ this price! MLS Search
4BR/2BA, 1500 sqft
Last sold @ 510K >>> 229K!
– Pacific Beach – Foreclosure! Gorgeous 2-story contemporary home with bay/ocean views, walk to beach! Property Features
2BR/1.5BA, 1530sqft
Last sold @ 690K >>> Now $720,000
– Paradise Hills – Foreclosure! Beautifully renovated condo w/ newer granite, cabinets, tile, stainless steel appliances. Contact Me
Last sold @ 230K >>> Now just $107,900.
– Phoenix AZ: 12 APARTMENTS – Great central location. Units are 4 3BR, 4 2BR, and 4 1BR. Just $649,000.
For More Info: Call Terry Kass @ (602) 703-5277
– Phoenix AZ: 44 APARTMENTS – Lovely 3BR/2BA, 1967sqft home, .48 acre lot, pool. Just $2,350,000.
For More Info: Call Terry Kass @ (602) 703-5277
– Ramona – Foreclosure! Stunning 7-year-new 1-level home on .51 acres, 4-car garage, pool, spa, FPL, more.
See For Yourself
4BR/2BA, 2455 sqft
Last sold @ 512K >>> Now $399,900
– San Ysidro – Foreclosure! One-level, ground-floor 2BR/2BA condo w/ nice yard. Seller will pay closing costs.
Take A Look
Last sold @ 353K >>> Now just $144,900
– San Marcos – Foreclosure! Elegant 6-year-new home w/ 4BR’s + loft, wood floors, vaulted ceilings, large kitchen, priv yard. More Info
4BR/3BA, 2804 sqft
Last sold @ 650K >>> $469,000
– San Marcos – Foreclosure! Over-55 Lake San Marcos 2BR, 1115 sqft house in Sun Park near tennis, golf, restaurants.
Check It Out
Last sold @ 382K >>> $260,000
– San Marcos – Foreclosure! Spectacular 3-year-old 5BR/3.5BA, 2935 sqft house in Old Creek Ranch. 2BR downstairs. View Details
Last sold @ 750K >>> Just 519K!
Sold – San Marcos– Foreclosure! Cute house near 78 freeway. 2-car garage + low maintenance yard. MLS Search
3BR/1BA, 870 sqft
Recently appraised @ 300K >>> Now $196,900
– Serra Mesa – Charming newly renovated “Allure” condo. Offers granite in kitchen & baths, newer appliances, sunny patio. View Details
1BR/1BA, 602 sqft
Just $129,500
– Spring Valley– Foreclosure! Handsome newer townhome in gated community w/ pool, spa, playground.
Check It Out
3BR/2.5BA, 1104 sqft
Last sold @ 353K >>> Now just $155,900!
Sold – Spring Valley – Foreclosure! 4-year-new Dictionary Hill custom home w/ spectacular views, oversize rooms, family room. MLS Search
4BR/3BA, 2477 sqft
Last sold @ 600K >>> Now $319,900!
Sold – Vista – Foreclosure! Sharp townhome w/ garage, a/c. Peaceful lush wooded complex near the 125 freeway.
MLS Search
2BR/2BA, 1024 sqft
Last sold @ 335K >>> Now $169,900!

Call me at (858)457-KENT to find out more or for a private showing. To find other homes, go to A Free MLS Homesearch.

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GARY KENT
"The Agent You See EVERYWHERE"
All-Time #1 Agent/Team In San Diego County for RE/MAX
23 Years Experience -- 3,300 + 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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This free e-newsletter tells you how to be more successful with your real estate transactions. You receive it because you subscribed, entered your email address at my site(s), or were referred. By reading it, you agree you: 1) understand this is opinion & not advice; 2) will seek professional tax, legal, and real estate advice; 3) are solely responsible for use of content, 4) hold Gary Kent, Gary Kent Homes & Estates, Kent & Associates Inc., and RE/MAX Associates harmless. Questions may be paraphrased for clarity/brevity. Disregard this email if you have a listing or buyer-broker agreement. (c) 2008 Gary Kent, All Rights Reserved.