Issue #216
In This Issue
Welcome / This Week's Special Offer
Welcome To The Latest Issue
A young man knocked on our door and relayed my wife this story… He’d been by two weeks before and knocked and heard a “hello”. So he said, “I’m collecting for the United States Mission.” No response. Again he knocked, heard “hello”, and identified himself. Again, no response. After a third time, he realized he was trying to get a donation from…our parrot Skye, a 3’ from head-to-tail blue-throated macaw. …Friday Quote: “Most people are about as happy as they make up their minds to be.” --Abraham Lincoln
Now on to what’s happening in real estate…
Investors Flying In For Free June 28 Seminar
We just had 3 people from Santa Cruz sign up this week who’ll be flying in to attend our June 28 seminar on positive cashflow real estate investing. For more info on the seminar, click to Gary’s Real Estate Seminars.
Another Real Estate Myth Debunked
Myth: “I’m selling my home ‘As-Is’.”
Reality: Purchase contracts are contingent on the homebuyer approving the findings of a home inspection. And because no home is perfect, defects are inevitably found and the buyer will request the seller to make some repairs. To get a buyer to legally bind himself up front no matter what the inspection finds requires such a big price concession that it’s just not worth it. So home sales are almost never really “As Is”.
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:
10 Hours Of Free Handyman Repairs
List your home or rental with me in the next 30 days and I’ll pay for my handyman to do 10 hours of free repairs, painting, hauling… whatever you need. You pay materials. Valid if mentioned prior to listing. To take me up on this offer, call me at (858)457-KENT.
Send This Free Newsletter To A Friend
Subscribe them with a quick email to Tell A Friend with their email address in the subject line.
Remember to email your questions, comments, compliments, corrections, critiques, & rebuttals to Questions.
Gary's Real Estate Seminars
FREE
SEMINAR July 27 / Thursday 6-8PM
At "Forum Hall" at the UTC Mall in University City
Homebuyer Seminar…details to follow
- - - - - - - - - -
It’s Back…
FREE SEMINAR June 28 / Wednesday 6-8PM
At "Forum Hall" at the UTC Mall in University City
"Discover Exactly Where I'm Investing MY Money In 2006"
Positive Cash Flow Apartments With Appreciation & ZERO
Management
- Want to build wealth through real estate?
- Want to buy real estate 10% below market value?
- Want an easy, hands-off investment you don’t have to manage?
- Want to enjoy a consistent positive cashflow?
- Want real estate that will appreciate?
- Want your only responsibility to be cashing your monthly check?
This is the best real estate opportunity I’ve found in 22 years in the
business.
I believe in it so much that my wife and I are investing a bundle of
our own
money. Over 2 years, 25 of my clients have invested and every one I
talk with
reports profits equal or better than promised. And 8 more are investing
this
month.
If you have 100K to 3M to invest and want to find out more about this
opportunity…
CLICK
HERE for flyer, more info, & free sign-up
Sandwiches & drinks provided + free dinner drawing. No obligation.
Come, listen,
ask questions, then you decide…
To RESERVE YOUR SEAT at this free presentation
now,
click
here or call (858)457-KENT!
Homebuying
Question
"Hi Gary. A friend
of mine gave
me the name of his mortgage broker. When I met with him, he told me he
can also
act as my agent to find a home. I’m not sure that’s a good idea. What
do you
think?"
***ANSWER:
Your loan broker saying he can help you buy a home is a little like
your plumber
offering to rewire your house.
For several years, we’ve seen a greedy attempt by lenders to practice
real
estate and also for real estate agents to try to do home loans.
I can tell story after story after story of homes I’ve sold where a
lender
acting as a real estate agent cost his clients thousands of dollars or
the home
they wanted. And I’ve seen too many agents completely screw up the loan
they
were trying to get for a client.
What started all this confusion is that it’s the same license to become
a loan
agent or a real estate agent. But being a lender and being a real
estate agent
require two distinctly different skills and knowledge sets.
And given that, in my opinion, there are so few lenders or agents who
even excel
at their day job, your odds of finding a pro who is great at both are
pretty
darn slim.
So tell that mortgage broker “no thanks!”
“Hi Gary. We’ll be selling our home shortly. I know we have termites but I don’t want to do a fumigation because I run a home business and it would be too disruptive to be out for a few days. What do you recommend?”
***ANSWER:
First of all, there are two main kinds of termites: subterranean and drywood termites.
Getting rid of subterranean termites doesn’t require fumigation. The termite company just injects a termicide into the ground. Eradicating drywood termites usually requires fumigating (aka tenting). But there are other alternative treatments.
My termite expert that I’ve used for years recommends an approach called “thermigation”. It’s a non-chemical direct heat treatment. It literally (if you’re squeamish, please avert your eyes) COOKS the termites at 140 degrees. Yecch. It won’t damage anything, provided it’s done correctly.
Thermigation is slightly more expensive than tenting because it’s more labor-intensive. But you only need to be out of your home for 8 hours instead of 2.5 days for a fumigation, so that work for you.
If you’re interested or need any type of termite treatment, call my favorite “bug guy”, Pete Paniagua of Pete Paniagua Pest Control. His number is 619-668-0594 (office) or 619-921-8810 (cell). Tell him I sent you.
Investing or Financing Question
"I got laid off in 2002, which forced me into bankruptcy. Now my wife and I want to buy our first home. But we heard you can’t get a home loan for 7 years after a bankruptcy. Is that true?"
***ANSWER:
No...
Lending has become so much more flexible over the past few years. Credit glitches that used to keep people from getting a loan no longer stand in the way. Many credit-challenged people can get loans at slightly higher than typical rates. Other people with minor or older credit dings can get loans at very attractive rates.
Given that your bankruptcy was several years ago, if you’ve had good credit since, you can probably get a loan today at the same rate as someone who never had a bankruptcy.
Call me and I’ll be happy to refer you to a great lender who can discuss your situation, run your credit, and tell you what kind of loan and rate you can get.
Hot Properties: Call Now On These Hot New
Listings &
Not-Yet-On-The-Market Properties
|
THIS WEEK'S FEATURED PROPERTY! | |
 |
Great Home in USD Area Clean, well-maintained 3 BR/2 BA home w/ mountain view
|
|
For information on other Wonderful Homes Click here | |
"COMING SOON"
(Click Contact
Me to be contacted BEFORE these properties hit the market!)
- Clairemont – 2BR/2BA house w/ HUGE backyard, brand-new
eat-in
kitchen, FPL, vinyl windows, quiet street. 470K Contact Me
- Clairemont – - Clairemont – Remodeled 4BR/2BA house + granny flat. 2-car garage. Mid/high 500’s. Contact Me
- Lemon Grove – Remodeled 1700sqft
home on over 1/4 acre. Quiet street, 2-car garage, stunning kitch.
480-520K Contact Me
- Linda Vista – 3BR/2BA fixer-upper house w/ spectacular valley
& city
views! Priced to sell @ 459K! Contact Me
- University City – Stunning &
spacious “west end” home on quiet street w/ lovely views. Details &
price to follow. Contact Me
NEWLY LISTED (Your Home Here!)
- USD/BayPark/Mission Valley – Four
3BR/2BA condo conv, owner will
remodel & decorate to you specs. FPL, views. From 470K! Contact
Me
- Bay Park – Great price for this 1400 sqft, 3BR house in
“Overlook
Heights”. Quiet street. 585-625K!
- Carlsbad – Newer 1766sqft, 3BR/2.5BA “Harbor Pointe” home on
culdesac near beach. Remod kitchen w/ granite. 695K-705K Contact
Me
- Clairemont – 4BR/2BA “Parkwest” home w/ family room across
from
Gershwin Park tennis, basketball. Well-priced @ 520-560K! Contact
Me
- Clairemont – Cute, clean 3BR/2BA home w/ 2-car garage, FPL,
dbl-pane
windows, lots of upgrades, nice yard: 475K-525K
Contact
Me
- La Jolla – Newer 2BR/2BA condo, heart of downtown La Jollawalk
to shops, restaurants! Marble, granite. 650-725K Reduced! Contact
Me
- Pacific Beach - Development Opportunity! 3BR home, approved
plans to build 2 condos. Resell or rent. Reduced: 775-850K Contact
Me
- Phoenix, AZ - 12 apartments, 4x1BR, 4x2BR, 4x3BR. Fully
renovated.
Condo conversion opportunity? $1.068M.
Contact
Me
- Phoenix, AZ - Cashflow apartments, zero management, 15%
under-market!. 1031 exchange OK. $100K to $2M down. Contact
Me
-SOLD/ Point Loma – Updated
3BR/2BA
house w/ detached 1BR/1BA guest house. FPL, garage, hardwood floors.
650-700K Contact
Me
- San Marcos – Large
1060sqft 2B/1.5BA condo w/ garage & private patio. Pool, spa,
tennis pets
allowed. 295-329K Contact
Me
- Scripps Ranch- Handsome newer home
on quiet street! Offers 19' ceilings, travertine, hdwd floors, family
room.
700-750K. Contact
Me
Call me at (858)457-KENT to find out
more or arrange a private
showing...
Thank you Debbie F., for
referring someone who referred a friend…
Thank you Edith M., for referring a neighbor to sell his home…
Thank you Emmet P., for referring a co-worker to buy a home…
Have a great week...
"The Agent You See EVERYWHERE"
All-Time #1 Agent/Team In San Diego County for RE/MAX
22 Years Experience -- 3,000+ Homes Sold
Gary Kent Team --- RE/MAX Associates
(858)457-KENT --- (858)457-5368
GaryK@GaryKent.com -- http://www.garykent.com/
Due to production and shipping expense, free items are available only to residents, owners, and people planning to purchase real estate in San Diego.
