• 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
Thanks to all who attended Saturday’s “How To Buy A Foreclosure In San Diego” seminar. My LAST such seminar of 2009 will be September 26th. Click here to reserve a seat for you and a friend or family member.

…Just read about a study by FNMA and a CSU-Fullerton prof saying most upside-down SoCal homeowners are under water due to refinancing and pulling money out of their homes. Most people I talk with are that way due to falling prices, but then again, I didn’t do a study.

…“Absurd”. That was the word that successful CNBC news anchor Michelle Caruso-Cabrera used when she qualified for "Making Homes Affordable" federal home loan assistance, using our tax dollars. Read the story.

…How would you like to be the sole occupants of an otherwise deserted 32-story high-rise condo complex? This family is.

…HELP WANTED: Full time job opening for someone to work in my REO/foreclosure department. For more info, Click Here.

True Story: As Long As THEY Aren’t Telling You To Stay
In my 25 years in real estate, I’ve heard many reasons why people who’d like to sell move just can’t: “I have no equity”…“No home to move to”…“My spouse I don’t agree,” etc. But there was one woman who very much wanted to move, but just couldn’t. Her reason? “I have too many stuffed animals.” Indeed, she had hundreds or even thousands of them throughout her home.

Top 10 Best U.S. Counties To Grow Old & Retire In
Here is the top 10, according to Forbes. Once again, our humble town of San Diego is left off the good list. Don’t they know everyone wants to retire to southern California? Have they experienced our weather? Guess not. Here’s your list:

1. Montgomery County, PA
2. Nassau County, NY
3. Pima County, AZ
4. Palm Beach County, FL
5. Honolulu County, HI
6. Brevard County, FL
7. Montgomery County, MD
8. Ocean City, NJ
9. Westchester County, NY
10. Lancaster County, PA

Quick Real Estate Tip #1
If an agent says you should work with them because of their company, run! Agent matters 99%, company 1%.

Find Out The Value Of Your Home Or Rental Property FREE — Right Over The Phone
Considering selling? Now you can quickly, easily find out today's value of your home or other San Diego County real estate, right over the phone. Call and tell me about your property. I’ll research the market and arrive at an honest, realistic price you can expect to get in today’s market. Need a more accurate figure? Ask me to come by. For your free over-the-phone or in person evaluation, just call me at (858)457-KENT. Please tell a friend…

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 Over-The-Phone Short Sale Consultation
Do you owe too much on your home to sell? Does this describe a friend or family member? A common solution many people are doing right now is a “short sale”, where the bank agrees to receive less than the amount owed. And it’s all done typically at zero cost to you. To find out more and if you qualify, call me at (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 – September 26, 2009:
"How To Buy A Foreclosure In San Diego"
Fantasy vs. Reality: Discover the truth about foreclosures/REOs
-- Saturday, September 26th, 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

"My wife and I are getting very frustrated trying to buy a home right now. We’re getting an FHA loan. We’re making offers, but are constantly losing out to people paying cash or getting conventional financing. Any suggestions?"

Answer:
Some of our clients are getting their FHA accepted, but indeed it’s an uphill battle.

We’re working closely with our preferred lender who’s devised an approach to help our clients make some smart changes and switch to conventional financing. It won’t work for everyone, but it does for some.

If you’re interested, call my office at (858)457-KENT and we’ll put you in touch with our lender to see if it will work for you.

"I've heard that when your home is for sale, you should leave when buyers see it. But I want to be there so I know what people think and make sure the agent tells them what they should know about my home. What do you think?"

Answer:
You sound like what agents call "the helpful seller" -- a euphemism for owners who lead the agent and prospective buyer on a narrated home tour against their will.

Homebuyers don't like someone leading them to see the new water heater when they really want to see the floorplan, view, or masterbath.

Further, it's hard for prospective buyers to picture themselves living in your home if you keep staying in their picture!

So go shopping or take a walk when your home is shown. If you can't leave, let them do their thing and don't volunteer info or opinion. For the things you absolutely must have buyers know about your home, ask your agent to put them on the flyer.

"I can’t make my payments, but I’ve had problems dealing with my lender. I’d like to get a loan modification. Can I get it from another lender?"

Answer:
By definition, a loan modification is when your existing lender changes the terms of your loan.

If you go to another lender, that would be a refinance. And often (but not always) a homeowner who needs a loan modification is in some trouble and won’t qualify for a refinance with another lender.

THIS WEEK'S FEATURED PROPERTY!
	Affordable Upstairs Condo in Spring Valley BR/BA: 2/1 Sqft: 822 Price: $84,900
– Spring Valley – Foreclosure! Affordable upstairs unit w/ shared garage! Offers large living room, patio balcony, quiet community! Needs your personal touches. Contact Me

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

– Chula Vista – Foreclosure! Cute house w/ hardwood floors, 2-car garage, nice yard, in great Hilltop neighborhood. Contact Me
3BR/2BA, 1444 sqft
Last sold @ 516K >>> To be low/mid 200s?
– Chula Vista – Foreclosure! Cute single-level home with pool. Great starter home. Contact Me
3BR/1BA, 1536 sqft
Recently appraised @ 510K >>> Price TBD
– Chula Vista – Foreclosure! Gorgeous Otay Ranch home with mountain views. Entertainer’s backyard, stunning kitchen. Contact Me
4BR/3BA, 2462 sqft
Last sold @ 593K >>> Price TBD
– 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 – Foreclosure! Cute 3BR house in rapidly upgrading neighborhood near Bay Park. Large 7000 sqft lot. Contact Me
3BR/1BA, 1168 sqft
Recently appraised @ 500K? >>> To be 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?
– Downtown – Foreclosure! Beautiful & spacious 1BR “Treo” condo built in 2003. Gas FPL, washer/dryer in unit, more. Contact Me
1BR/1BA, 707 sqft
Recently appraised apx 423K+ >>> To be low 200s.
– 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?
– East San Diego– Foreclosure! Charming craftsman home w/ addition, huge master suite, updated kitchen, private backyard. Contact Me
3BR/2BA, 1568 sqft
Last sold @ 500K >>> Price TBD
– 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?
New – Escondido – Foreclosure! Lovely 1998-built “Castle Creek” home, open floorplan, FPL, vaulted ceilings. No Mello Roos. Contact Me
4BR/2.5BA, 1646 sqft
Last sold @ 460K >>> To be 300K?
– Escondido – Foreclosure! Fantastic custom home w/ front courtyard, private & secluded area, pool + covered patio, views! Contact Me
3BR/3.5BA, 2317 sqft
Last sold @ 663K >>> To be 400s?
New – Kearney Mesa – Foreclosure! Stunning 5-year-new fully-upgraded Esplanade/Spectrum townhome w/ 2-car garage. Contact Me
4BR/3.5BA, 1675 sqft
Last sold @ 587K >>> To be 300s?
– La Jolla – Foreclosure! Breathtaking ocean views from this one-level oceanfront condo @ 333 Coast Bl. Contact Me
2BR/2BA, 1342 sqft
Last sold @ 915K >>> To be 700s/800s?
– 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
– 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?
– Nestor – Foreclosure! Ranch-style home w/ 2-car garage, fireplace, good-size backyard. Contact Me
3BR/2BA, 1152 sqft
Last sold @ 395K >>> Price TBD
– Nestor – Foreclosure! Gorgeous 2-story “Ocean Hills” home w/ views, 3-car garage, vaulted ceilings. Contact Me
5BR/2.5BA, 2353 sqft
Last sold @ 585K >>> Price TBD
New– Ocean Beach – Foreclosure! Beach cottage w/ 2-car garage, partial ocean view, small yard, quiet street. Contact Me
2BR/1BA, 758 sqft
Recent appraisal 644K+ >>> To be low 400s?
New – Oceanside – Foreclosure! Affordable home for first-time buyer or investor. Built 1980, 2-car garage, nice yard. Contact Me
3BR/2BA, 1340 sqft
Loaned to 344K >>> To be low 200s?
– 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! Mission Beach view condo w/ 2-car garage, walk to beach/bay, quaint 4-unit complex. Contact Me
2BR/2BA, 955 sqft
Last sold @ 420,862 >>> Price TBD
– 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?
– Paradise Hills – Foreclosure! Cute townhome in “Bay Terraces”. Open floorplan, 1-car garage, laundry. Contact Me
2BR/1BA, 840 sqft
Previously valued @ 281K >>> To be high 100s?
New– Poway – Foreclosure! House on .36 acres zoned for horses w/ lovely views. Contact Me
3BR/2BA, 1458 sqft
Recent appraisal 444K+ >>> To be low 300s?
New– Rancho Bernardo – Foreclosure! 2BR+loft condo w/ 2-car garage, mountain views, FPL, in “Provencal” gated community. Contact Me
2BR/2BA, 1322 sqft
Last sold @ $475,000 >>> To be high 200s?
– 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?
– Rancho Bernardo – Foreclosure! Handsome 2-story home in Chateau Bernardo. Breathtaking panoramic views, 3-car garage. Contact Me
5BR/3BA, 3179 sqft
Last sold @ $789,000 >>> Price TBD
– 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?
– San Marcos – Foreclosure! 6-year-new home near Cal State San Marcos. More info to follow. Contact Me
4BR/3BA, 2358 sqft
Last sold @ 615K >>> To be low 400s?
– Santee – Foreclosure! Single-level home on .5 acre lot! 1000sqft detached workshop, huge covered patio. Contact Me
4BR/2BA, 1644 sqft
Last sold @ $502,500 >>> Price TBD
– Spring Valley – Foreclosure! Large home on private culdesac w/ open view, oversize backyard, 2-car garage. Contact Me
5BR/3BA, 2115 sqft
Recently appraised apx 650K >>> To be 300s.
– 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

NEWLY LISTED (Your Property Here!)

Upstairs condo w/ shared garage, patio balcony, end-unit, great starter home.

2 Bed, 1 Bath 882 Sqft Price: $84,900! Last sold @ $140,000

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: $110,000! Last sold @ 269K

Enjoy panoramic views from this cared-for 1-story home. Upscale neighborhood of high end custom homes.

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

Affordable 1BR condo in west Mission Valley, 5 minutes to Fashion & Mission Valley malls.

1 Bed, 1 Bath 700 Sqft Price: $132,500 Recently appraised: 175K

2-story “Williams Ranch” family home w/ 2-car garage, quiet community.

3 Bed, 2.5 Bath 1,436 Sqft Price: $260,000! Previously appraised @ 398,400

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!

Great starter home w/ 2-car garage on spacious 9000 sqft lot. 2-car garage, big yard.

3 Bed, 2 Bath 1,099 Sqft Price: $319,900 Last sold @ $430,000

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

Gorgeous home w/ great bkyd, distant ocean vu, FPL, .35 acres, 2-car garage, more.

4 Bed, 3 Bath 2,315 Sqft Price: $524,900-$549,000

Spacious newer Santa Fe Hills home. 3-car garage, nice backyard! Needs kitchen & bath.

3 Bed, 3 Bath 2,006 Sqft Price: $319,000 Last sold @ $515,000

Newer high-quality view home on 2.09 acres. Offers pool, 3-car garage, huge yard, orange groves.

4 Bed, 3 Bath 2,602 Sqft Price: $499,000!

Large condo, feel more like a house. Small 6-unit complex, huge master bedroom, 2-car garage!

3 Bed, 2.5 Bath 1,824 Sqft Price: $238,000 Last sold @ $440,000

Spacious manufactured home in Warner Springs Estates.

3 Bed, 2 Bath 2,037 Sqft Price: $98,900 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.