In This Issue
Welcome! This Week's Special Offer
Welcome To The Latest Issue
I’m updating my free foreclosure seminar and
changing it to “How
To Buy A Foreclosure or Short Sale In San Diego”
to cover buying foreclosures and SHORT SALES,
including:
- - Foreclosures
are hot…“How the heck do I get my offer
accepted on a
foreclosure!?”
- - 5 things to
know before you offer on a short sale
- - Forget it if
the short sale seller doesn’t have this ONE
thing
The seminar is Saturday, 10/24 10-Noon.
Please invite a friend or email the flyer to
someone you know. Thank you!
Register
…I’m working on another NEW free San Diego
real estate seminar: "How To Buy Real Estate In
Your IRA or 401K". Saturday January16 10-noon
@UTC. Call 858-457-KENT to register.
…Do you or someone you know need to do a
short sale? Mark your calendar for Saturday,
January 30th, 2010 for my free seminar “How
To Short Sale Your Home Or Rental”.
Click here to register. If you need info
before that, please call me at 858-457-KENT.
…Noticed how NASTY San Diego water tastes and
smells lately? We couldn’t drink it any longer
and got a water purification system. The water
now tastes pure and we’re very happy w/ the
system. I got it from and highly recommend John
Gravelle of Kinetico, 858-229-4356. Mention my
name. (FYI, he doesn’t give me anything for
referring him.)
…Want to buy a foreclosure, but can’t find a
website to search for them? Finally…check out
our 100% BRAND-NEW website:
www.Foreclosure-Hotlist.com. It’s 2.5 years
in the making (OK, so we were a little slow),
but it’s well worth it. Let me know what you
think.
……This Week’s Crazy Building: Bet you’ve
never seen the very odd
Hang Nga Guesthouse in Vietnam…
…Follow
me on Twitter or become a
Facebook Fan.
True Story: Why Not Just Throw Darts Or Ask A
Psychic?
You’ve got to be kidding. We’re handling a short
sale and the bank said they wanted a price
closer to market value. But, oddly, they refused
to say what price that was. When we pressed
them, the bank rep told us to check Zillow!
(Most agents will tell you Zillow’s home value
estimates are not even close to accurate.)
Quick Real Estate Tip #11
Sounds like #10 from last week, but it’s the
opposite. Be VERY careful about using a lender
who's also an agent. Few are experts at both.
Top 10 Best U.S. Cities Ripe For A Housing
Recovery
To determine their list, Forbes looked at 161 of
the country's largest metro areas where sales
were up but foreclosure sales were down. Here it
is:
1.---
Miami / Ft. Lrauderdale, FL
2.---
Lincoln, NE
3.---
Colorado Springs, CO
4.---
Salem, OR
5.--- San
Luis Obispo, CA
6.---
Bremerton, WA
7.---
Denver, CO
8.---
Redding, CA
9.---
Santa Barbara, CA
10.-- San
Jose, CA
Click here for their full story.
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:
- Pre-approve with our approved lender
- Come in for a short sit-down counseling
session
- 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.
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 Live Seminar CD: How To Buy A Home In San
Diego
Hear three experts share the inside scoop to
buying a home: yours truly, a home loan expert
and a professional home inspector. You'll
discover:
- What home inspectors do & don’t inspect. You
may be surprised!
- 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
- 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
Note: this was taped before the current
mortgage meltdown.
Call (800)748-1340 to have this sent to
you FREE via mail. Call 24 hours / 7 days a
week; free recorded message. It should arrive at
your home within 72 hours.
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
"HOW TO BUY A FORECLOSURE OR SHORT SALE IN SAN
DIEGO"
UTC Mall – Saturday, October 24th, 10AM-Noon
Click for Seminar Flyer /
Click to Reserve Your Free Seat
When you attend, you'll learn the truth
about:
- - With 12% of U.S. mortgages are behind,
is there a new wave of Alt-A, Option ARM, &
Prime foreclosures coming?
- - Bailouts, loan “mods”, shadow
inventory...what’s really going on?
- - How to beat multiple offers & get the
bank to accept YOUR offer
- - When homebuyers can put 3% down and
investors 10% down
- - Top San Diego neighborhoods with the
best REO deals today
- - How to get banks to pay EVERY PENNY of
your closing costs
- - Should you buy before home prices
climb out of your reach?
- - Auction tricks, traps, and pitfalls
that I swear will shock you
- - How to cut in half the time it takes
to close your short sale
- - Seller doesn’t have THIS? Don’t even
offer on a short sale
- - Free email access to undervalued &
foreclosed properties
- - Short sales...5 things to know before
you make an offer
- - The #1 mistake people make when
offering on an REO
- - Traps in the small-print that banks
make you sign
- - New website where you can find
foreclosures
- - The truth about a home that’s a “short
sale”
- - How much banks negotiate off their
price
- - What to watch out for in an REO
- - Much more
-----------------------------------------------------------------------------------------------------------------
FREE Seminar
“How To Short Sale Your Home Or Rental”
UTC Mall – Saturday: January 30th 2010,
10am-Noon
Click for Seminar Flyer /
Click to Reserve Your Free Seat
When you attend, you'll discover the truth
about:
- Short sales, clearly & simply explained!
- Are YOU likely to qualify for a short
sale?
- Can you really do short sale with -0-
out of YOUR pocket?
- How long short sales take...& how to cut
the time in HALF**
- Tax impacts of short sale vs.
foreclosure (verify w/ your CPA!)
- The document your attorney must read
closely to avoid problems
- Your 7 options if you owe too much. Most
agents only tell you 3.
- Which “hardships” qualify you for a
short sale? Which don’t?
- The specific clause you need in your
contract with the buyer
- Do you need to be CURRENT on HOA dues?
Property taxes?
- Do you need to be BEHIND on your
mortgage payments?
- If an agent does THIS, they likely don’t
know short sales
- 5 reasons a short sale is usually better
than foreclosure
- THE most important thing to have to do a
short sale
- Impact & how long is a short sale be on
your credit?
- How soon can you buy a home after a
short sale?
- Will a short sale delay or prevent
foreclosure?
- Can your lender go after you for their
loss?
- Should you spend $ to fix up your home?
Home Buying Question
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"I saw one of your properties in your
newsletter that might be perfect for a
friend of mine looking to buy. How much
down payment would he need to buy the
XXXX property" |
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Answer:
Great question.
The answer is, it depends on your friend's
credit rating and income. It could literally be
zero down. Have him call me at (858)457-KENT and
I'll put him in touch with a GREAT lender whom
we trust 100%.
Many people we talk to are "saving to get the
20% down." But loans are so flexible nowadays,
so they're thrilled to discover they can buy
with 10%, 5%, or even zero down.
Home Selling Question
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"Hi Gary, we're going to be calling you
shortly to sell our home soon. Right now
my wife and I have a question. If we
sell and the buyer backs out, do we get
to keep the deposit? I say yes, but my
wife says it depends." |
|
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Answer:
Listen to your wife!
The standard purchase contract has certain
normal contingencies for loan, inspections,
review of disclosures and various documents,
etc. If a buyer exercises those rights within
the allowed time limits and cancels, you must
give him his deposit back.
And even if he flat-out breaks the contract,
it's far from automatic who gets the money. It's
because the deposit is typically held by the
escrow company, a neutral 3rd party who can't
release money to you or your buyer without
mutual instructions or a court or arbitration
order.
Investing or Financing Question
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"I want to buy a home next year. I know
my credit has problems from a few years
ago, but I've paid all my bills on time
or early for awhile. How do I find out
what my credit score is now?" |
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Answer:
Residents of California (and 12 other western
states) can get a FREE credit report from the
three nationwide credit reporting companies:
Equifax, Experian, & TransUnion.
There may be several sources, but one you
might try is
www.annualcreditreport.com or call
877-322-8228. It’s
recommended by the Federal Trade Commission.
Hot Properties: Call Now On These Hot New
Listings & Not-Yet-On-The Market Properties
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THIS WEEK'S FEATURED PROPERTY!
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Lovely Family Home
In Rancho Bernrdo
- BR/BA: 3/2
- Sqft: 1,727
- Price: $450,500
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–
Rancho Bernardo –
Foreclosure! Offers
large grassy backyard, family room w/
fireplace, quiet culdesac, tile entry w/
sunken living room, sharp kitchen w/
garden window, tile flooring & recess
lighting, A/C, MBR w/ entrance to patio,
high ceilings + dual sinks in MBA! High
Country West Club amenities include
Pool, Tennis Courts & Rec. Center!
Take A Look
|
Coming Soon
(Click
Contact Me to be contacted BEFORE these
properties hit the market!)
–
Carmel Valley – Foreclosure!
Upper end “East Bluff” condo overlooking
greenbelt. 2-car garage, interior laundry, FPL.
Contact Me
2BR/2BA, 942 sqft
Loaned to 390K >>> To be 200s?
– 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! 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?
– 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.
– Encanto –
Foreclosure! Spacious 2-story
1984-built home on quiet street. 2-car garage,
nice yard.
Contact Me
4BR/3BA, 2088 sqft
Recently loaned to 510K >>> To be high 200s?
– 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?
– 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! Spacious 2BR view
home on 1.14 acres. Needs some fixup. Built
1974.
Contact Me
2BR/2BA, 1351 sqft
Loaned to 360K >>>To be 200s?
– 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?
– 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 – Short Sale!
Short sale! Stylish upgraded condo w/ hardwood
floors, travertine, private patio. Gated
complex.
Contact Me
2BR/2BA, 1050 sqft
Last sold @ 420K >>> Value Range
$220,000-$250,000
– Pacific Beach –
Foreclosure! Enjoy bay &
downtown nitelite views from this 1-level condo
in a bayfront complex!
Contact Me
2BR/2BA, 913 sqft
Last sold @ 535K >>> To be 400K?
– Pacific Beach / Mission 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?
– 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
– Rancho Penasquitos –
Foreclosure! 1983-built 1-level
home in Trailwood w/ tile roof, a/c, covered
patio. Near park.
Contact Me
3BR/2BA, 1571 sqft
Appraised @ 525K+ >>> To be mid 400s?
– San Carlos –
Foreclosure! Affordable
“Carefree” condo w/ only one common wall. Walk
to Mission Trails Park!
Contact Me
2BR/1BA, 880 sqft
Last sold @ 253,500 >>> To be 100s?
– San Elijo / San Marcos –
Foreclosure! Stunning 6-year-new
home in gated “Westcliffe” on culdesac w/
panoramic views.
Contact Me
5BR/4.5BA, 4302 sqft
Loaned to @ $919,000 >>> To be 700s/800s?
– 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?
– Spring Valley –
Foreclosure! Two detached 3BR
houses w/ 2car garage, yard, both inside
laundry. Live in one + rent other.
Contact Me
3BR/2BA + 3BR/1BA
Last sold 642K >>> To be hi 200s??
– Spring Valley –
Foreclosure! Sharp family home
on oversize .24 acre lot w/ 2-car garage, large
yard, more.
Contact Me
3BR/2BA, 1280 sqft
Last sold 265K >>> To be 200K?
– 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!
Culdesac home w/ panoramic views, ocean breezes,
FPL, RV parking, 2-car garage, more.
Contact Me
3BR/1.5BA, 2424 sqft
Loaned to 424K >>> To be high 200s?
– 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!)
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Oversize commercial loft in the
Gaslamp’s “Samuel Fox” building.
Granite, 2 parking spaces.
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0 Bed, 2 Bath
1705 Sqft
Price:
$189,900
Recently sold @ 468K
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Sold / 2 Offers
- Downtown -
Foreclosure!
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MLS Search |
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Spacious 15th-floor 1-level “Acqua
Vista” condo in Little Italy w/
panoramic views.
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2 Bed, 2 Bath
938 Sqft
Price:
$309,900
Recently sold @ 650K
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Sold / 3 Offers
- East San Diego -
Foreclosure!
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MLS Search |
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Charming craftsman w/ huge master
suite, updated kitchen, private backyard
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3 Bed, 2 Bath
1568 Sqft
Price:
$215,900
Last sold @ 500K
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Remodeled home w/ city views, 2-car
garage, more.
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3 Bed, 2 Bath
1247 Sqft
Price:
$190,400
Last sold @ 358K
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Sold / 2 Offers
- Linda Vista -
Foreclosure!
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MLS Search |
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Low-price condo conversion near
Mesa College, freeways. Need all cash.
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1 Bed, 1 Bath
554 Sqft
Price:
$59,900!
Last sold (unknown)
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Attractive .49 acre horse property
w/ canyon vu, FPL, 2car garage,
culdesac. Built 1988.
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3 Bed, 2 Bath
1693 Sqft
Price:
$309,900
Loaned to 454K
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Sharp house on culdesac w/ red tile
roof, 8494 sqft lot, big yard, views,
a/c.
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3 Bed, 2 Bath
1727 Sqft
Price:
$450,500
Last sold @ $575,000
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6-year-new home near Cal State San
Marcos. More info to follow.
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4 Bed, 3 Bath
2358 Sqft
Price:
$399,950
Last sold @ 615K
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Lovely “Villa Vicenza” complex.
Walk to UTC, Whole Foods, Aventine
restaurants.
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2 Bed, 2 Bath
1001 Sqft
Price:
$277,900
Last sold @ 444K
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MORE GREAT HOMES & INVESTMENTS (Your Home
Here!)
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Cute single-level home with pool.
Great starter home.
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3 Bed, 1 Bath
1536 Sqft
Price:
$219,800
Recently appraised @ 510K
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Sold / 3 Offers
- Clairemont -
Foreclosure!
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MLS Search |
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Duplex: 2 separate 2BR houses, one
is oversize at 1269 sqft. West
Clairemont near bay.
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2BR/1BA 1269sqft
2BR/1BA 1269sqft Price:
$465,000
Last sold @ 665K
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Ugly fixer 3BR house in upgrading
neighborhood near Bay Park. 7000 sqft
lot.
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3 Bed, 1 Bath
1168 Sqft
Price:
$306,000
Recently appraised @ 500K?
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“Palermo” studio/1BR loft w/
private patio. Complex has pool/spa,
fitness, business ctr.
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1 Bed, 1 Bath
860 Sqft
Price:
$230,670
Last sold @ 354K
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Gorgeous “Hard Rock” condo-hotel
suite in the Gaslamp Quarter. “Rock
Royalty” service & full hotel amenities.
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1 Bed, 1 Bath
459 Sqft
Price:
$489,000!
Last sold @ 589K
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Cute recently remodeled kitchen.
Walk to park, restaurants, shops. Has
fountain, Jacuzzi, deck, garage.
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2 Bed, 1 Bath
832 Sqft
Price:
$425,000
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Lovely redone home w/ spectacular
remod kitchen w/ granite & walnut, 2
FPL, partial bay view, 2-car garage.
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3 Bed, 2.5 Bath
1,717 Sqft
Price:
$575,000 to $625,000
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Remodeled 1-level beachfront
penthouse condo w/ panoramic whitewater
ocean, beach, sunset views!
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2 Bed, 2 Bath
1000 Sqft
Price:
$1,175,000
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5-year-new 1-story home on 2 acre
view lot. Has 4-car garage, granite, 2
FPL, huge yard.
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3 Bed, 1 Bath
1,168 Sqft
Price:
$332,000
Recently appraised @ 500K?
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Thank You For Your Referrals
Thank you Mark V. for referring a co-worker
to buy a home…
Thank you Nikki M. for referring a friend to buy
a home…
Thank you Anthony W. 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
23 Years Experience -- 3,300+ Homes Sold
Gary Kent Team --- RE/MAX Associates
(858)457-KENT --- (858)457-5368
GaryK@GaryKent.com --
www.GaryKent.com
If a friend would enjoy this enewsletter,
forward it to them. To subscribe, email
Subscribe@GaryKent.com with "subscribe" in
the subject line.
Due to
production and shipping expense, free items are
available only to residents, owners, and people
planning to purchase real estate in San Diego.
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