• Welcome / This Week's Special Offer
• Gary's Real Estate Seminars
• Homebuying Question
• Homeselling Question
• Investing or Financing Question
• Hot Properties: New Listings BEFORE They Hit The Market
• Thank You For Your Referrals

Welcome To The Latest Issue
Wishing you a safe and happy 4th of July to you and your family.

…Register for my free seminar coming up Saturday August 1st, 10AM to noon: “How To Buy A Foreclosure In San Diego.” Click for flyer. Please invite a friend or tell a friend. Thanks…

..Check out the 15 most amazing homes in the world.

…Follow me on Twitter or become a Facebook fan.

Got The Blues? Paint Your Room A Different Color.

• - Blue:
  Helps creativity; calms and relaxes, lowers blood pressure, heart rate, and respiration; cooling effect in hot weather



• - Red:
  Can make people’s work more accurate; stimulates and warms the body; increases heart rate, brain-waves



• - Pink:
  Soothing



• - Orange:
  Reduced fatigue and stimulates appetite (ever notice how so many fast-food restaurants have orange décor?)



• - Yellow:
  Stimulates memory, slightly raises blood pressure & pulse rate



• - Green:
  Brings feelings of calm anticipation and hope

Source: Scripps Howard News Service

Top 10 Least Expensive Neighborhoods In The U.S. - 2008
With our market meltdown, we’ve got some neighborhoods to rival these:

Join Our Preferred Client Group For The Best Values
I find great real estate deals every week. But too often we cant match a client in time and someone else scoops it up. (My bank-clients wont 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 the best real estate values in town, call us at (858)457-KENT or email us at PCG@GaryKent.com.

Check Out Our Foreclosure Hot-List
Looking for a deal? 25+ of my REO (foreclosure) properties have discounts of 10% to a whopping 49% 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 Free Offer:
FREE $450 Home Appraisal & FREE $300 Home Inspection!
For a limited time, you’ll receive $750 in free services when using us as your Realtor to buy a home or investment property and one of our preferred lenders for your home loan. For more details or to take advantage of this offer, call us @ (858)457-KENT.

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 @ UTC Mall – August 1, 2009:
"How To Buy A Foreclosure In San Diego"
Fantasy vs. Reality: Discover the truth about foreclosures/REOs
-- Saturday, August 1st, 10AM-Noon --
Click for Seminar Flyer / Click to Reserve Your Free Seat

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

• NEW: I’ll be just back from the two biggest industry foreclosure conferences w/ the latest insider info!
• NEW: Bailouts, loan “mods”, foreclosure moratoriums...what’s REALLY going on right now w/ REOs?
• How homebuyers can put just 3% down & investors put 10% down on some REOs w/ no PMI or appraisal costs
• 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

"We’re looking to buy a house in the I-5 corridor. We either want a view or one where we can build up to get one. How do I know if I can add a 2nd story? What kind of restrictions are there on building up?"

Answer:
Great question.

Here are some things you need to look at when determining if you can build up:

1. How much will it cost to make the structure support a 2nd-story?

2. Are there CC&Rs (Covenants, conditions, & restrictions) in force in the neighborhood or any kind of easements or deed restrictions limiting your ability to add?

3. Are there city or other governmental restrictions such as “lot coverage ratio”, height limits (usually 30 feet), zoning, or setback requirements that impact an addition.

To be safe, I’d recommend talking with the city, a good architect, and/or a real estate attorney.

"Hi Gary. We own a home in Pacific Beach that we’ll be calling you to sell in a couple of months. But for now we just want to find out the value and how much money we’ll net from the sale so we can do some planning. Can you help us with this?"

Answer:
As to the value, you can either invite me by to see your home, or if you just need a rough figure, I may be able to do that over the phone. Call me at (858)457-KENT.

Regarding how much you’ll net, you can typically figure about 93% of the sales price. This covers the escrow fee, real estate fee, title insurance, county transfer tax, and other costs, including a 1% cushion for repairs, etc.

This does NOT cover:

1. Your last mortgage payment
2. Prorated loan interest
3. Any loan prepayment penalty
4. Prorated property tax
5. Excessive repairs for termite or other
6. Any liens or assessments
7. Return of tenant deposit or prorated rent (rentals)
8. Tax on gain, including recaptured depreciation
9. Possible tax withholding on rentals, non-CA residents, or non-citizens

"I’m 63 years old and would like to move and buy a home in San Diego. Will lenders make a 30 year loan to a senior? That would mean I’d be 93 when the loan is paid off"

Answer:
Lenders are not allowed to discriminate based on age. If you qualify, they’ll make the loan.

THIS WEEK'S FEATURED PROPERTY!
	Cute Home In Encanto BR/BA: 3/2 Sqft: 1,328 Price: $113,850
– Encanto – Foreclosure Cute 3BR home on large 10,497 sqft lot! Offers granny flat set-up(BR3) w/ bathroom, FPL & separate entrance! Offers hardwood flooring, tile flooring, close to trolley & 1-car garage! View Info

Coming Soon
(Click Contact Me to be contacted BEFORE these properties hit the market!)

– Chula Vista – Foreclosure! Great starter home on generous lot. Walk to schools. Contact Me
3BR/1.5BA, 1042 sqft
Recently appraised @ 370K >>> To be low 200s?
– Chula Vista – Foreclosure! Enjoy southerly views, designer pool/spa, & more from this spacious 2-story home. Contact Me
4BR/2.5BA, 2394 sqft
Last sold @ 665K >>> To be 400s?
– 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 – Friendly home on quiet street offers family room, gas/wood FPL, newer carpet and exterior paint, more. Contact Me
3BR/2BA, 1566 sqft
Value range $360,000 to $400,000!
– 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?
– Downtown – Foreclosure! Enjoy downtown living at “Symphony Terrace”. Complex has pool/spa, fitness, sauna. Contact Me
1BR/1BA, 673 sqft
Last sold @ 292K >>> Price TBD 8th St.
– Downtown – Foreclosure! "Palermo" studio/1BR loft w/ private patio. Complex has pool/spa, fitness, business ctr. Contact Me
1BR/1BA, 860 sqft
Last sold @ 354K >>> Very low 200s?
– Eastlake Area – Foreclosure! Spacious newer home w/ panoramic Otay Lake & mtn view, granite, hardwood, 3-car garage. Contact Me
5BR/3BA, 2578 sqft
Last sold @ 725K >>> To be 400s?
– Encanto – Foreclosure! Light & bright 1-story w/ FPL, bay window, 2-car garage, large 1/4-acre lot. Built 1980. Contact Me
4BR/2BA, 1438 sqft
Recently appraised @ 325K? >>> To be 200K?
– Encanto – Foreclosure! Remodeled home w/ city views, 2-car garage, more. Contact Me
3BR/2BA, 1247sqft
Last sold @ 358K >>> To be 200s?
– La Jolla – Foreclosure! Delightful single-level home, sweeping ocean views from most rooms, large lot. Contact Me
3BR/2BA, 2107 sqft
Previously appraised @ 1.44M >>> Price TBD
– 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?
– Lemon Grove – Foreclosure! 2-story family home in “Miller Ranch” community, 2-car garage. Contact Me
3BR/2.5BA, 1615 sqft
Previously appraised @ 467,500 >>> Price TBD
New – Mission Valley – Foreclosure! Upgraded condo in desirable “River Colony” in the heart of Mission Valley. Community pool/spa, fitness center, patio balcony, cozy fireplace. Contact Me
2BR/2BA, 977 sqft
Last sold @ 395K >>> To be in 200s?
– Mission Valley – Foreclosure! Cute end unit condo in “Mission Plaza” near 24-hour Fitness, Qualcomm, trolley. Contact Me
2BR/2BA, 931 sqft
Recently appraised @ 333K >>> To be high 100s?
– Mission Valley – Foreclosure! Affordable 1BR condo in west Mission Valley, 5 minutes to Fashion & Mission Valley malls. Contact Me
1BR/1BA, 700 sqft
Recently appraised @ 175K? >>> To be low 100s?
– Oceanside – Foreclosure! Single-level family home w/ 2-car garage, open floorplan, remodeled kitchen, A/C. Contact Me
3BR/2BA, 1460 sqft
Previously appraised @ 285K >>> To be low 200s?
– Pacific Beach – Foreclosure! Walk to beach! 4-yr-new townhome w/ dbl garage, rooftop ocean/bay/sunset vu. Contact Me
3BR/2.5BA, 1644 sqft
Last sold @ 770K >>> To be 500s?
– Pacific Beach – Foreclosure! Beach house w/ private backyard, California room, 2-car garage. Contact Me
2BR/2BA, 1400 sqft
Last sold @ 700K >>> To be high 500s?
– Poway – Foreclosure! Great starter home w/ 2-car garage on spacious 9000 sqft lot. 2-car garage, big yard. Contact Me
3BR/2BA, 1099 sqft
Last sold @ $430,000>>> To be 300?
– Rancho Bernardo – Foreclosure! Sharp house on culdesac w/ red tile roof, 8494 sqft lot, big yard, views, a/c. Contact Me
3BR/2BA, 1727 sqft
Last sold @ $575,000>>> To be low 400s?
– San Marcos – Foreclosure! Huge home on a full acre zoned for horses & agriculture. Granny flat + 3-car garage. Contact Me
6BR/4BA, 3934 sqft
Recently appraised @ 873K >>> To be mid-500s?
– San Marcos – Foreclosure! 5-year-new townhome w/ 2-car garage in “Rancho Coronado” gated community near CSUSM. Contact Me
3BR/2.5BA, 1458 sqft
Last sold @ $441,500 >>> To be mid 200s?
– San Marcos / San Elijo – Foreclosure! 3-yr-new “Old Creek Ranch” home w/ spacious floorplan, view, great family area! Contact Me
4BR/3.5BA, 3090 sqft
Last sold @ $740,500 >>> To be mid-500s?
– San Marcos – Foreclosure! Affordable "Lake Park Villas" townhome. Near Restaurant Row & multiplex. Contact Me
2BR/1.5BA, 957 sqft
Last sold @ $221,500 >>> To be very low 100s?
New – Vista – Foreclosure! 2-story mountain view home on large lot. pool. Sparkling pool, 2-car garage. Contact Me
3BR/1.5BA, 2424 sqft
Last sold @ $600,000 >>> Price TBD
New – Vista – Foreclosure! Large condo, feel more like a house. Small 6-unit complex, huge master bedroom, 2-car garage! Contact Me
3BR/2.5BA, 1824 sqft
Last sold @ $440,000 >>> Price TBD

NEWLY LISTED (Your Property Here!)

Handsome 5-year-new Otay Ranch detached home w/ 2-car garage on culdesac.

3 Bed, 2.5 Bath 1,718 Sqft Price: $299,900 Last sold @ $439,500

Charming home on huge 10498 sq lot! 1-car garage, hardwood floors, close to trolley.

3 Bed, 2 Bath 1,328 Sqft Price: $113,850 Last sold @ $233,000

MORE GREAT HOMES & INVESTMENTS (Your Home Here!)

Enjoy desert peace and quiet from this cute house. Ideal home or weekend retreat

3 Bed, 2 Bath 1,380 Sqft Price: $119,900! Last sold @ 269K

Luxury condo inside La Costa Resort & Spa. Patio balcony, upgraded kitchen w/ granite tile.

1 Bed, 1 Bath 791 Sqft Price: $228,420 Last sold @ 320K

Mint, just-remodeled canyon view townhome in quiet “FoxRun”. 2-car garage, high-ceilings, FPL, backyard.

3 Bed, 2.5 Bath 1,562 Sqft Price: $480,000-$510,000

Friendly home on quiet street offers family room, gas/wood FPL, newer carpet and exterior paint, more.

3 Bed, 2 Bath 1,566 Sqft Price: $399,000 to $439,000!

Enjoy panoramic views from this cared-for 1-story home. Upscale neighborhood of high end custom homes. Address: 13625 Mira Montana Dr, 92014

2 Bed, 2.5 Bath 1,983 Sqft Price: $999,000 to $1,299,000

Gorgeous “Hard Rock” condo-hotel suite in the Gaslamp Quarter. “Rock Royalty” service & full hotel amenities.

1 Bed, 1 Bath 459 Sqft Price: $489,000! Last sold @ 589K

Spacious, alluring 2005-built “Winding Walk” detached home w/ 2-car garage.

4 Bed, 3 Bath 2,375 Sqft Price: $327,900 Last sold @ $514,500

Stunning 3-year new single family home 2 blocks to new Otay Ranch Town Center.

4 Bed, 3 Bath 2,342 Sqft Price: $363,900 Last sold @ 625K

Four fixer units w/ lots of parking. Near trolley, shopping, schools. Bring your hammer & paintbrush!

Price: $189,000 Last sold @ 510K

Charming older house on .24 acre lot. Needs some TLC.

3 Bed, 2 Bath apx 1500 Price: $117,900 Last sold @ 230K

2003-built home on full lot. Offers bright & open kitchen, large bkyd, RV parking.

3 Bed, 1 Bath 902 Sqft Price: $137,800! Last sold @ 307K

Great condo in quiet community, upstairs location, community pool/spa.

2 Bed, 2 Bath 866 Sqft Price: $185,000 Previously appraised @ 334,600

Nice condo w/ garage, tennis, community pool. Near Plaza Bonita center, 805, & 54.

2 Bed, 1.5 Bath 1,080 Sqft Price: $106,000 Last sold @ 320K

Eclectic "Flamingo House" in Pacifica: bonus room w/ bay view, big private bkyd, pool, spa, 3 FPL, more.

3 Bed, 2.5 Bath 2,290 sqft Price: $850,000 to $900,000!

Mid-century 1-level home w/ back-country views, 10 minutes to I-5, 3 acres, great street.

5 Bed, 4.5 Bath 3,375 Sqft Price: 1.55M-1.75M

Giant .7 acre lot w/ cute house built in 1940. Incredible potential. Needs lots of TLC.

2 Bed, 1 Bath 898 sqft Price: $187,300! Last sold @ $472,500

Spacious manufactured home in Warner Springs Estates.

3 Bed, 2 Bath 2,037 Sqft Price: $115,900 Last sold @ 430K

Due to production and shipping expense, free items are available only to residents, owners, and people planning to purchase real estate in San Diego.

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.

Copyright 2009 Gary Kent, All Rights Reserved.