San Diego Real Estate

  Issue #232

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
Good morning, afternoon, or evening. I hope this day finds you well. …We’re looking to add a couple of real estate agents; see below. …FYI, our 10/7 investment seminar is unfortunately cancelled due to a scheduling glitch. …Talk about a bargain: A very nice woman I know who works in a bank foreclosure department told me she sold a house in Indiana for all of ---(drum roll please)--- $750! Suffice it to say, the house had issues…

Help Wanted: Two Real Estate Agents
Are you high-energy and driven to succeed? Become a full-time “Buyer-Agent” and help people find their dream home! We provide excellent training, coaching, and pay most expenses! Bilingual/ Spanish a plus, but not required. Send your info or resume: fax (858)550-3410 or AgentJob@GaryKent.com.

Décor & Remodel Nightmare #8 of ???
Love an open floorplan? So did one gentleman who gutted his entire home and turned it into one very, VERY big room, including the bath. He apparently liked the rustic look because it was entirely UN-finished with hanging wires, no paint, no drywall, etc. When he decided to sell, he insisted his “improvements” increased the value over other homes because, “it saves people the demo cost if they’re doing a remodel!” Right.

---Got your own décor or remodeling NIGHTMARE? Email it to me at Nightmares@GaryKent.com.

Get On Our “Foreclosure Hot-List”
Several major lenders have selected me to handle their foreclosures. So I’m looking to build a short list of investors or people just looking to purchase a home at an attractive price. I anticipate they will be available 5-10% below market. If you’d like to be the first to find out about them, click here.

CNNMoney Best U.S. Places To Live 2006
Looking for a date or mate? Here are the cities with the highest % of singles:
1. 58.2% Bloomington, IN
2. 54.6% New Brunswick, NJ
3. 54.3% College Station, TX
4. 52.5% Ames, IA
5. 52.0% Iowa City, IA
6. 52.0% Cambridge, MA
7. 51.3% Somerville, MA
8. 50.4% Boston, MA
9. 50.3% Berkeley, CA
10. 50.2% Champaign, IL
…I’m surprised Gilroy CA, the garlic capital of the world, didn’t make the list. Next week: Top 10 cities with the YOUNGEST average age.

FREE MLS Online Search For A San Diego or Riverside Home
To search for a home right now, click here: Free MLS Homesearch
 

ANNOUNCING: Free 30-Day Test Drive For Homesellers
When selling, you take a huge risk of getting tied up in a long-term listing with a bum agent. To erase this risk, when you or someone you refer lists a property with me by Nov. 1, I'll include my "30-Day Test Drive Guarantee." Try my services a full 30 days. If your home isn’t sold and you’re not 100% happy, you can end our agreement--no questions asked. To talk about selling, refer someone, or find out more, call me asap at (858)457-KENT...that's 858-457-5368.

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

Sorry - This Seminar has been postponed.  Keep checking back for more information, or visit www.GaryKentSeminars.com  or call us at 858-457-KENT

FREE SEMINAR October 7 / Saturday 10AM-NOON
At "Forum Hall" at the UTC Mall in University City

"Can You Guess Where I'm Buying Real Estate In 2006?"
INVEST IN THE WEST: Positive Cash Flow Apartments With Appreciation & ZERO Management   - SEMINAR POSTPONED


Homebuying Question

HomeSELLING Question

"Hi Gary, my wife and I want to list our home. She wanted to use her friend who’s OK, but not especially successful. You’ll be glad to hear that I convinced her to use you. I told her we needed someone who has seen all the ups and downs and been successful during them. Are you busier now that it’s a buyer’s market?”

***ANSWER:
Thanks for your kind comments, and for changing your wife’s mind (no jokes about how that must have been tough to do, etc.).

And you’re right...my phone is ringing off the hook with past clients and people referred to me who are wanting to sell their homes and investment properties.

I call this the “lighthouse effect”.

…In a storm, waves may crash and ships toss and turn, but the lighthouse is stable. Ships look to the lighthouse for guidance, to get their bearings so they know they’re on the right route. (Truthfully, I know zip about ships and what I just told you may well be completely wrong, but you get the idea.)

So in buyer’s markets like these, proven agents often see their business increase…

Investing or Financing Question

"What do you think of interest only loans? Don’t you think it’s bad idea to get a loan where what you owe doesn’t even go down?"

***ANSWER:
I’ll respectfully disagree because it’s not necessarily a bad loan at all. Here’s why:

Your standard 30-year fixed-rate loan pays down a microscopic amount of principal the first few years. And since the average "life" of a home loan is just under 3 years, most loans are almost at their original balance when they're paid off anyway. And most (all?) interest-only loans give you the option to pay down principal whenever you want. So you could pay off as much or as little principal as you want to each month.

Are interest-only loans for everyone?

Perhaps not if you intend to stay in your home for a long period or you need the discipline of HAVING to pay principal every month, rather than it being an option.

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

THIS WEEK'S FEATURED PROPERTY!
	Beach Living With Style  Delightful, airy Tommy-Bahama-meets-Cayman-Islands beach cottage owned by professional decorator/home-stager BR/BA: 3/2 Price: $620,000-680,000
For more information on this Wonderful Home Click Here Open Saturday 1-4

"COMING SOON"
(Click Contact Me to be contacted BEFORE these properties hit the market!)
- Clairemont – Remodeled 4BR/2BA house + granny flat. 2-car garage. Mid/high 500’s. Contact Me

- Clairemont – Absolutely stunning, highly upgraded 3BR/2BA house on a quiet canyon. Low/mid 500s! Contact Me
- Downtown – BANK-OWNED FORECLOSURE! 2BR/2BA 1-level condo near Petco. All the upgrades. $500’s. Contact Me

- Escondido – Spacious 4BR/3BA 2029sqft house w/ large family room, huge backyard, corner lot, dbl garage: 499-535K Contact Me
- Mira Mesa – SHORT SALE! Newer 3BR/2BA house w/ garage. Details & price (very low 400’s) to follow… Contact Me

 San Marcos – Cute 2BR condo near Restaurant Row, CSU San Marcos, shopping, movies, more! Price TBD. Contact Me

NEWLY LISTED (Your Property Here!)

- Mira Mesa – 4BR/2BA 1600 square foot home w/ 2-car garage. In great shape w/ many upgrades. 499-525K Contact Me
- Mission Valley – 2BR condo w/ FPL, a/c, skylites, wshr/dryr, Xlnt shape. Walk to Qualcomm, shopping, restaurants: 300-330K! Contact Me

- Pacific Beach – Enjoy dazzling bay/city/nightlight views from this north P.B. home w/ large rooms! 900K-1M! Contact Me
- Pacific Beach – Delightful Tommy-Bahama-meets-Cayman-Islands 3BR/2BA beach cottage w/ 2-car garage. 620-660K! OPEN HOUSE SAT. 1-4
- Poway – BANK-OWNED FORECLOSURE! 3BR/2BA home w/ open views, FPL, 2-car garage, quiet street. $469,900! Get More Details Here
- Tierrasanta – BANK-OWNED FORECLOSURE! 1584sqft 3BR/2BA townhome, 2-car garage. Near pool, canyon. $494,900 Contact Me
- Tierrasanta – Quiet 1-level ground-floor condo! Remodeled kitchen & BA’s, FPL, large patio, attached garage: 419-445K Contact Me
 

MORE GREAT HOMES & INVESTMENTS (Your Home Here!)

- Chula Vista– Beautifully redone 3BR home w/ new expanded kitchen, gleaming hdwd floors, big 1BR granny flat! 550-600K Such A Deal!
- Chula Vista– Stroll to Hilltop Park from this 4BR/2BA house w/ 2-car garage, fireplace, updated kitchen, French doors: 495-530K! Photos and More Here

- SOLD/Clairemont – Spacious 4BR/2BA 1883 square foot home w/ large fam room, new roof, more! Walk to shopping. 475-495K Look for more homes in the area
- Clairemont – Below-market 2BR condo in gated community! Light & bright w/ new carpet, paint, upgrades! Just 240-259K Click here for more info
- SOLD/Clairemont – Near-2000 sqft home w/ huge 24x21 family room, hardwood floors, RV parking, more. Very private. 550-575K! Find something else
- Clairemont – Cute, clean 3BR/2BA home w/ 2-car garage, FPL, dbl-pane windows, lots of upgrades, nice yard: 465K-495K Check out the San Diego MLS
- SOLD /Encanto – ESTATE SALE: Priced below market! 3BR “fixer” house w/ family room, dbl garage, large lot. 415K!  Start Your Search Here

- Jamul –3BR/2BA house w/ brand-new kitchen & country views. FULL ACRE w/ lovely pool, RV parking, large garden: 598K Look at this beauty

- La Mesa/Mt. Helix – BANK-OWNED FORECLOSURE! Mega-fixer “contractor’s special” 3BR/2.5BA house w/ amazing views! Quick sale price: $429,900

Click Here to See For Yourself

- SOLD/Mira Mesa – 3BR/2BA duplex home on a quiet culdesac w/ garage, granite, huge backyard, spacious patio.! 375-399K.  More Mira Mesa Homes Here
- Mission Valley – SHORT SALE! Sunny 2BR/2BA townhome w/ vaulted ceilings, inside laundry, FPL, community pool! 310-330K Check out the Amenities

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