Issue #272
In This Issue
Welcome / This Week's Special Offer
Welcome To The Latest Issue
Hello again. Hope you had a great 4th of July holiday. …We have a boat load
of new listings (13) and price reductions (9). Check them out
below. …Just got my worst
offer ever in 24 years of real estate: 100K offer on a home worth 325K! …Got
kids? Plan to have kids? Then you’ll want to know which are the good schools and
which aren’t so hot. Here’s a chart for you of
San Diego school rankings.
Photo-Of-The-Week:
Is That Why It’s Called A Water CLOSET?
We came across this
creative
“plumbing” in the closet of a foreclosure one of my bank clients just
asked us to sell. Warning: it’s not a pretty picture.
True Story:True Story: Dumb Criminals #2
of 2
Story #2 from my client the criminal defense attorney: Two guys planned a
bank robbery in Phoenix in July. One was to rob the bank; the other would drive.
The big day came and the first guy went to the bank, threatened the teller, got
the bag of cash, and sprinted back to the car…only to find it empty with no
keys. What happened? Phoenix in July gets HOT. It turns out the driver decided
to buy an ice cream cone across the street while he waited. But it took too
long. Both were arrested. In the mug shot, the driver still had ice cream on his
face.
U.S. Cities Ranked:
FBI’s Top-10 List Of Safest / Least Violent Cities To Live In
Per preliminary FBI data, violent crimes per 1,000 people (cities with
populations >100,000):
1. 0.7 – Irvine, CA
2. 1.1 – Amherst, NY
3. 1.2 – Cary, NC
4. 1.4 – Gilbert, AZ
5. 1.4 – Sunnyvale, CA
6. 1.4 – Provo, UT
7. 1.5 – Thousand Oaks, CA
8. 1.5 – Bellevue, WA
9. 1.7 – Simi Valley, CA
10. 1.7 – Santa Clara, CA
Next week: FBI’s list of least safe / most violent cities
You Know You’re In San
Diego When…
…you tell people where you live and everyone says they wish they could
live there! ~ (Got one of your own?
Email
it to me.)
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:
ANDRE = Automated Notification of Distressed Real Estate
ANDRE is proprietary software that helps our clients find the best values.
Using our own algorithm, ANDRE regularly scans the MLS and flags the potentially
distressed, undervalued, and foreclosure properties as soon as they hit the
market.
Without ANDRE, it's impractical to find these hidden real estate bargains. Even
if someone knew what to look for, manually searching the MLS daily and reviewing
every new listing basis is virtually impossible. ANDRE works so well, that
during the beta-test, our office manager actually purchased a property.
Interested? Call my office at (858)457-KENT or email me at
ANDRESystem@GaryKent.com.
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.
None currently scheduled. Please check back.
"I just missed out on a house
that I wanted. The sign says the house sold so I’d like to find out the price.
Can you find out for me?"
***ANSWER:
To paraphrase a recent president, it all depends on what the meaning of “sold”
is.
“Sold” may mean that the buyer and seller just agreed on a price and will be
opening escrow.
“Sold” may also mean when the deed is recorded and the escrow closes.
Agent are not supposed to tell you the sold price until escrow closes. Why?
Because if the sale cancels, the agent would have revealed what price the seller
was willing to sell for, putting the seller at a disadvantage when negotiating
with future buyers.
It’s also a violation of the agent’s duty to the seller. But some agents will
spill the beans and violate this duty.
"How much value will I add if I
remodel my kitchen?”
***ANSWER:
Great question. The answer depends on:
1. How’s your kitchen now?
I know of a woman in Pacific Beach who had her kitchen remodeled. When it was
done, though it was nice, she didn’t like it and remodeled it again. Then she
did it one more time for good measure.
Assuming her kitchen was outdated/ugly/damaged before remodel #1, she probably
got a 50% to 150% return. Remodel #2 fetched her about a 0% return. Ditto for
#3.
Obvious point: your return is higher the more the work is needed.
2. What’ll it be like when you’re done?
…Refaced veneer cabinets, formica counters, and off-brand appliances?
…Or teak, granite, and Viking?
Obvious point: better quality done well raises value more than low quality done
poorly.
3. Where do you live?
If you’re in Rancho Santa Fe, you’ll get a much higher return for your nice new
kitchen than if you live in Boulevard (not that there’s anything wrong with
that!)
….STILL want an easy round answer?
OK, then if you do it right, as a rule of thumb figure dollar-for-dollar return.
Investing or Financing Question
"I'm not sure I'm
cut out to be a real estate investor. You'd have to be so heartless. How could
you ever evict someone who's down on their luck and can't pay the rent?"
***ANSWER:
I admire your thoughtfulness and caring. The world would be a better place with
more people like you in it.
However, you must view owning rental real estate as the business that it is. Try
loading up your shopping cart at Costco and telling the cashier you'll take the
food now, but you promise you'll pay them in 2 weeks. Ain’t gonna fly.
When people rent an apartment, the clear and undeniable understanding is that if
they don't pay the rent, they can’t stay. You know that. The tenant knows that.
So if you have to evict them, you're just keeping your part of the agreement,
however unpleasant.
Does that mean you don't give good tenants a break once in awhile?
I cut good tenants some slack, give them a couple of extra weeks to pay, waive a
late charge, etc. But this flexibility is only short-term and not for chronic
late-payers.
My advice: Get over it, hire a manager, or don't become a landlord.
Hot Properties: Call Now On These Hot New
Listings & Not-Yet-On-The-Market Properties
|
THIS WEEK'S FEATURED PROPERTY! | |
 |
Delightful Ocean Beach BR/BA:
2/1 Sqft:
714 Price:
$499,000 |
|
For more information on this Delightful Home Click Here | |
"COMING SOON"
(Click
Contact Me to be contacted BEFORE these properties hit the market!)
New – Chula Vista –
Foreclosure! 4BR/3BA, 2021sqft home in great neighborhood. 2-car
garage. 500K-ish.
Contact Me
New – Chula Vista –
Foreclosure! Meticulously remodeled 4BR home w/ 4-CAR GARAGE on
9147sqft lot. Mid/hi 400s?
Contact Me
– Chula Vista – Foreclosure! Spectacular newer 5BR/4BA, 3414sqft home w/ 100K in upgrades. Price TBD. Contact Me
– Chula Vista – Foreclosure! Hilltop area: Handsome 3BR/2BA house on oversize 7400sqft lot. Low 400s? Contact Me
– Chula Vista – Foreclosure! Cute “Eastlake” 2BR/2BA home, a short walk to manmade lake, park, etc. Contact Me
– Chula Vista – Foreclosure! Gorgeous upgraded 3BR/2BA townhome right next to “tot park.” 300K? Contact Me
- Chula Vista – Foreclosure! Cute remodeled 3BR house w/ white picket fence. $300s? Contact Me
- Clairemont –
Foreclosure! Walk to Clairemont Towne Square movies/shops. 3BR/2BA
house. Lo/mid 400s?
Contact Me
- Clairemont –
Foreclosure! “Foxrun” 3BR/2.5BA 1806sqft house w/ 2-car garage, FPL,
high ceilings. Price TBD.
Contact Me
- Clairemont – Foreclosure! 3BR house w/ garage. Quiet street. More info to follow. Lo $400s. Contact Me
- College Area – Foreclosure! Gorgeous 1-yr-new 2BR/2BA condo conv. Gated complex. Lo/Mid $200s. Contact Me
– Downtown –
Foreclosure! You’ll love this “West Ash Urban Homes” condo in Little Italy.
Price TBD.
Contact Me
- Downtown –
Foreclosure! Tenth-floor 1BR condo
in Acqua Vista. Very low 300s..
Contact Me
– Downtown – Foreclosure! Luxury 2BR/2BA 1684sqft vu condo in “The Grande.” Lo800s? Contact Me
– East San Diego – Foreclosure! 2BR condo in gated community w/ security guard, pool. Low $200s Contact Me
– East San Diego – Foreclosure! Redone 3BR/2BA condo w/ granite, some ocean vu! Hi 200s? Contact Me
New – El Cajon – Foreclosure! 2.87 acres (fairly level!) are home to this charming 2BR cottage. Price TBD. Contact Me
– El Cajon – Foreclosure! Spacious 2297sqft 4BR home on 1/2 acre w/ pool, cov’d patio, many extras. Price TBD. Contact Me
– El Cajon – Foreclosure! 2 Units on .56 acres: 3BR house + 1BR cottage. Low 500s? Contact Me
– Encanto – Foreclosure! Stunning, just remodeled 4BR/2.5BA, 1656 sqft home on large lot: just 400K? Contact Me
New – Escondido – Foreclosure! Upgraded 5BR/3BA home on oversize 7700sqft lot. 2-car garage. Low 400s? Contact Me
– Escondido – Foreclosure! Remodeled 3BR/2BA end-unit condo w/ gas FPL. Price TBD. Contact Me
– Golden Hill Area – Foreclosure! Handsome 3BR/2BA, 1659sqft house on oversize 7100sqft lot. Price TBD. Contact Me
New – Hillcrest/Uptown – Foreclosure! Fabulous 2BR 1001sqft cottage on spacious 7958sqft lot; garage. Price TBD. Contact Me
– La Mesa – Foreclosure! 1572sqft 3BR/2BA home on almost 1/4 acre. Panoramic views! Mid 400s? Contact Me
- La Jolla – Foreclosure! 3BR/2BA Mediterranean w/ eat-in kitchen, dbl garage, 1,000sqft patio, FPL. Price TBD. Contact Me
- La Mesa – Bank Owned Foreclosure! Remodeled 5BR/3BA 2537sqft view home on .41 acres. $500s? Contact Me
– Lemon Grove – Foreclosure! Newly converted 1008sqft 3BR/2BA condo in attractive complex! Contact Me
- Linda Vista – Foreclosure! Very affordable 1BR condo, apx 618sqft. 160s? Contact Me
– Logan Heights – Foreclosure! 3BR/2BA home, probably in the low/mid 300’s. Contact Me
– Mira Mesa – Foreclosure! “Mesa Village” 3BR/2BA, 1239 sqft home close to spool, spa, greenbelt. 300s? Contact Me
– Mira Mesa –
Foreclosure! 3BR/2BA house w/ 2-car garage on
6,000 sqft lot. Mid-400s?
Contact Me
– Mission Valley –
Foreclosure! 2-year-new “Escala” 2BR 1611sqft townhome,
DBL garage. 600K?
Contact Me
New – Nestor – Foreclosure! Spacious 3BR/2.5BA 1338sqft townhome near all. Very low 300s? Contact Me
- Nestor – Foreclosure! 5-year-new “Robinhood Ridge” 4BR/2.5BA house w/ beautiful views. Low 500s. Contact Me
– Normal Heights – Foreclosure! 2-yr-new 3BR/3.5BA 1765sqft condo w/ dbl garage. Hi 500s? Contact Me
– North Park – Foreclosure! 3-Units: 3BR/1BA + two 1BR/1BA. Apx 42K/yr gross income. High 500s? Contact Me
- Oak Park – Foreclosure! Cute, upgraded 2BR cottage w/ garage & large yard
$300’s?
Contact Me
- Oceanside – Foreclosure!
Handsome 3BR/2.5BA detached home w/ dbl garage. Low $400’s?
Contact Me
- Oceanside – Foreclosure! Stunning 2-yr-new 3210sqft home w/ spectacular views! Price TBD. Contact Me
- Pacific Beach – Handsome, woodsy custom house 5 blks to beach. Pool, gourmet kitchen, luxurious MBA. Price TBD Contact Me
- Pt Loma – Foreclosure! Cute 2BR, 1227sqft house w/ garage, 6500sqft lot. High $600’s? Contact Me
- Ramona – Foreclosure! 2181sqft 3BR house on 6 full acres of horse property. $700s? Contact Me
– San Carlos – Foreclosure! 5BR/3.5BA, 2300sqft home w/ fam room, solar pool. Hi $500s? Contact Me
– San Carlos – Foreclosure! Walk to Mission Trails Park from this 2BR, 806sqft condo. Low 200s. Contact Me
New – San Ysidro –
Foreclosure! Affordable upgraded 1BR condo near the border. In the
100s!
Contact Me
New – San Ysidro –
Foreclosure! Cheap, cheap, cheap 1BR condo near border. Mid/high
100s?
Contact Me
New – Spring Valley –
Foreclosure! Fixer-upper 4BR/2BA, 1368sqft home w/ pool on 6534sqft
lot. Hi 300s?
Contact Me
– Spring Valley –
Foreclosure! 3BR/2BA, 1180sqft home. More info
to follow. 200s???
Contact Me
– Spring Valley –
Foreclosure! Upgraded 3BR/2BA home w/ 2-car garage, a/c, large lot,
lovely yard. Low 400s.
Contact Me
– Spring Valley –
Foreclosure! Enjoy spectacular views of Sweetwater Reservoir from
this 2BR condo. Low 200s.
Contact Me
- Spring Valley – Foreclosure! 3BR/2BA home on large lot. 2-car garage. 300s? Contact Me
– Spring Valley –
Foreclosure! Ultimate fixer upper 3BR/2BA house w/ dbl garage. Great
vu. Price TBD.
Contact Me
– Spring Valley –
Foreclosure! 4BR/2BA Rancho San Diego culdesac home w/ canyon & lake
views! 400s?
Contact Me
- Temecula –
Foreclosure!
3BR/2BA house on corner lot. More info to follow. 300s?
Contact Me
- Vista – Foreclosure! Cute 2BR cottage w/ white picket fence, 2-car garage,
big yard. 400-ish?
Contact Me
NEWLY LISTED (Your Property Here!)
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New – Chula Vista – Foreclosure! Upgraded 2BR/2BA condo w/ garage, large MBR, new carpet, new paint. $269,900. See For Yourself |
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New - Clairemont (West) – Unique custom 2000sqft remodeled home w/ dramatic vaulted ceilings, lap pool. Lots of light. 570K! Check It Out |
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- Clairemont – Foreclosure! Upgraded 2BR/1.5BA 1097sqft townhome w/ unusual 3-car garage. $319,900! More Info |
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– East San Diego – Foreclosure! Bargain! Basic but cute 1BR condo available for a pittance: Just 132K! Take A Look |
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– Imperial Beach – Foreclosure! 2BR/1.5BA townhome in tropical setting. 2 minutes to beach. $237,500. Property Features |
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– Lemon Grove – Foreclosure! Huge 2674 sqft home on oversize 8,900 sqft lot, spacious MBR suite. $554,900 See What This House Has To Offer You! |
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- Mira Mesa – Foreclosure! Gorgeous 2-yr-new 2BR/2BA condo conv: granite, travertine, maple. Just $272,900! More Information |
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New – Ocean Beach – Darling sunny 2BR/1BA detached beach cottage w/ hardwood flrs, Mex pavers, eat-in kitchen. 499K! Beautiful Pictures |
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- Oceanside – Foreclosure! Stunning 2-yr-new 5BR/3BA 3210sqft home w/ spectacular views! $664,900. View Details |
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Too New For Photo |
New - Poway – Amazing 1.3 acre horse property w/ cute 4BR house in Old Poway near Old Poway Park. 640K-710K! Contact Me |
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– San Ysidro – Foreclosure! 3BR 1323 sqft townhouse w/ 2-car garage. $312,000 More Information |
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Too New For Photo |
- Scripps Ranch – Mint La Merida 3-4BR/2.5BA “model home”: travertine, Brazilian cherrywd floors, formal dining rm. 715-745K Contact Me |
MORE GREAT HOMES & INVESTMENTS (Your Home Here!)
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Too New For Photo |
– Carmel Valley – Foreclosure! Spacious 3BR/3BA “twin home” w/ large yard on quiet street. New carpet, paint, etc. $599,900 Contact Me |
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Too New For Photo |
– Chula Vista – Foreclosure! Handsome “Stratford Court” 2BR/2BA condo w/ garage! $289,900. Contact Me |
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Reduced – Chula Vista – Foreclosure! Stunning 3-year-new 4BR/2.5BA Mediterranean home w/ mountain views: $629,900! Take A Look |
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– Chula Vista – Foreclosure! 4BR, 2019sqft house on culdesac w/ pool, many upgrades! Reduced 28K to $531,000 Check It Out |
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- Chula Vista – Foreclosure! Striking Newer 3BR, 2.5BA, 1452sqft townhome w/ garage. Reduced again to $369,900. See For Yourself |
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- Chula Vista – Foreclosure! 8yr-new Rancho Del Rey townhome w/ dbl garage, gated community. $392,500! Take A Look |
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– Chula Vista – Foreclosure! 2-yr-new 4BR/3BA, 2335 sqft Eastlake Trails house, 3-car garage. Cut 50K $599,900 Find The Answers To Your Questions |
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– City Heights – Foreclosure! You can own this affordable 2BR condo in “Harbor Vista” for only $174,900! Property Features |
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– Clairemont/BayHo – Stunning, fully remodeled condo. Brand new kitchen, bath, carpet, paint, flooring, etc. 165-185K Check It Out |
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- Clairemont – Foreclosure! 4BR/3BA 1614 sqft home in Kearny Mesa near shopping & freeways. $459,900 Take A Look |
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- College Area – Foreclosure! Top-floor 2BR condo: FPL, laundry in unit, large balcony, low HOA fees. $239,900. See For Your Self |
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- Downtown – Spectacular “City Walk” 2BR/1.5BA condo. Offers loft-style BR, granite, travertine, upgrades: 495-545K! See For Yourself |
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- Downtown – Foreclosure! Newer 1BR/1.5BA ground-flr condo in TREO in Little Italy. Direct street entrance. $414,900! More Info |
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Reduced - Downtown – Foreclosure! 2-year-new 2BR/1BA high-rise condo w/ views in hip “Acqua Vista”. Reduced again: Reduced Again: $484,900. See The View |
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– East San Diego – Foreclosure! Cute, upgraded 2BR house w/ garage and huge backyard. Reduced to: $354,900 View Details |
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- El Cajon – Foreclosure! 4BR/2BA house on oversize 11,300sqft lot w/ pool, garage, big yard. $479,900. See For Yourself |
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- Encanto – Foreclosure! 1-year-new 3BR/2.5BA 1628sqft house, dbl garage, large lot, some views. $476,500. Take A Look |
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– Escondido – Foreclosure! 5BR/3BA house on large corner lot, 2-car garage, newer paint. $427,900 Take A Look |
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Reduced – Escondido – Foreclosure! Cute 2BR house on full 6200 sqft lot w/ big eat-in kitchen and oversize backyard. $326,900. Check It Out |
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Reduced – Fallbrook – Foreclosure! Amazing 2-year-new 3704sqft view estate on 5.28 acres! 6-car garage! $1.095M See For Yourself |
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- La Jolla – Foreclosure! Stunning 3BR home 1.5 blocks to the beach. Private ocean view deck. Bargain at $1,094,900! Check It Out |
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- La Jolla – Foreclosure! Spectacular 2yr-new never-lived-in 5541sqft 6BR custom mansion w/ sweeping views. Now $2,598,900! Beautiful Pictures |
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Reduced - Lakeside – Foreclosure! Cheap, cheap, cheap 1BR condo in nice complex. Just $119,950! See For Yourself |
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Sold – Linda Vista – Foreclosure! 1646sqft 3BR house. Remod kitchen: granite, cherry cabinets. $454,900! Search MLS For Free |
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- Logan Heights – Foreclosure! 2800sqft HEAVY fixer-upper house w/ garage, curb appeal, big lot. Slashed 160k $349,888 View Pictures and Features |
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- Mira Mesa – Foreclosure! 4BR/2.5BA 1804sqft house w/ spa. Reduced to $529,900. Find Others Like It |
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– Mira Mesa – Handsome “Mesa Ridge” house w/ red tile roof. Scripps Ranch High School district. 445-475K More Info |
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- National City –
Foreclosure! Vintage Victorian home
built 1864! 4BR/3BA, 1852sqft. Just $418,900!
Contact Me |
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- Nestor – Foreclosure! 3BR/2BA house: family room, dbl garage, tile throughout. Reduced to $434,900. Find Others Like It |
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- Nestor – Foreclosure! 3BR/2BA, 1224 sqft condo w/ large patio, near pool & playground. Reduced: 295K! Free MLS Search |
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- North Park – Foreclosure! Charming 2BR Spanish house, hardwood floors, garage. Reduced to $417,500. This Could Be Your Home |
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Reduced - Oceanside – Foreclosure! Immaculate 3-yr-new 3BR/2BA + xtra room, 2069sqft house on culdesac. Reduced: $507,900 Property Info |
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- Oceanside – Sunny & bright 4BR/2.5BA home w/ sweeping views & large bkyd. Reduced AGAIN: $489,900 This Could Be Your Home |
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- Oceanside – Foreclosure! 3BR/2.5BA “Emerald Point” detached home on culdesac w/ 2-car garage. Now $419,900! Check It Out |
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- Pacific Beach – Dramatic rebuild by owner/designer. Offers turret entry, ocean views, hardwood flrs, more. 1.25-1.35M! More Information |
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Reduced– Paradise Hills – Foreclosure! 3BR house w/ spectacular bay & city views, bonus room, 2-car garage. $406,900 Take A Look |
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– Paradise Hills – Foreclosure! 3BR/2.5BA townhome w/ nice patio. Priced under market @ $269,900! Free MLS Search |
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- Paradise Hills – Foreclosure! Sharp 3BR/2BA 1373sqft condo w/ 2-car garage. Just $359,900. See For Yourself |
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- Ramona – Foreclosure! Spacious 3077sqft home on a full acre! Vintage home, built 1938. 2-car garage. $509,900! See For Yourself |
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- Rancho Bernardo – Smart 2BR/2.5BA, 1458sqft townhome w/ garage, central a/c, golf course view! 345-405K Contact Me |
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Reduced – Rancho Bernardo – Foreclosure! Newer beautiful 3BR/2BA manufactured home. Live in RB for $349,000! Contact Me |
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Sold - Rancho Penasquitos – Foreclosure! 4BR/2.5BA house on corner lot in desirable
neighborhood. Reduced to 550K Find Others Like It |
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– Rancho Penasquitos –
Foreclosure! 4BR/2.5BA
home w/ family room, 2-car garage, quiet culdesac. $563,000 Find Others Like It |
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- Scripps Ranch - Mint La Merida 3-4BR/2.5BA "model home": travertine,Brazilian cherrywd floors, formal dining rm. 715-745K Check It Out |
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Sold - Scripps Ranch – Foreclosure! Stunning newer 4BR 2536sf home on quiet street, many upgrades. Reduced: $783,900! Find Other Homes |
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– Spring Valley – Foreclosure! 2BR, 1088 sqft townhome. Large kitchen & only 1 common wall! $224,900 Property Features |
| Too New For Photo |
– Spring Valley – Foreclosure! Enjoy spectacular mtn & nitelite views! 3BR/2BA home on quiet culdesac. $419,900 Contact Me |
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- Spring Valley – Foreclosure! Sunny 2BR top-floor end-unit condo, big deck, laundry in unit, spacious livg room. $249,900! See For Yourself |
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– Tierrasanta – Foreclosure! Beautiful 3-story townhome w/ large 2-car garage. 5 minutes to 52 & 15 freeways. Now $379,900! More Information |
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Sold – University City – Foreclosure! Sharp 2BR/2BA condo in gated security “Lucera” complex w/ garage, granite. $365,900 Search The MLS |
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– University City – Foreclosure! Sharp 2BR/2BA condo in gated security “Lucera” complex w/ garage, granite. $354,900 See For Yourself |
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- Vista – Foreclosure! Half-acre lot! And you’ll love the upgraded 3BR/2BA, 1711sqft home w/ 2-car garage. $469,900 More Info |
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– Vista – Foreclosure! 3 cute 1BR units, well-located in downtown Vista near shopping, etc. Just $509,900. View Pictures and Features |
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Reduced - Vista – Foreclosure! 4BR culdesac home w/ gleaming hardwood flrs + oversize backyard. Drastically reduced to$423,000 Check It Out |
Call me at (858)457-KENT to find out more or for a private showing. To find other homes, go to Free MLS Homesearch.
Clicked on a property, but there’s no info? It may be sold. Call me to double-check or discover other similar properties we have for you.
Thank you Ken B. for all your kind referrals…
Thank you Bob T. for referring me to several people…
Thank you Dave M. for referring a coworker to buy a home…
Thank you Justin C. for referring your business partner to buy a home…
Thank you Jeffry L. for referring a friend to sell her home…
Have a great week...
"The Agent You See EVERYWHERE"
All-Time #1 Agent/Team In San Diego County for RE/MAX
Gary Kent Team --- RE/MAX Associates
(858)457-KENT --- (858)457-5368
GaryK@GaryKent.com -- http://www.garykent.com/
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