The old videos have been stored away, but every once in a while there is a reason to go back and find something special. This wasn’t it, but it was probably the closest to the beach of any REO that I sold.
This REO garnered four offers when it hit the open market in January, 2010. The first one bailed due to the bank’s requirement to waive the appraisal contingency, so the second buyer got it! Two years later he sold for $595,000, and then just 15 months later it sold for $770,000.
Here’s a video tour of our new listing at 4150 Karst Rd., which is a 3 br/2.5 ba, 1,390sf townhouse with stainless/granite kitchen, 2-car attached garage, central A/C – plus a view of the Lake Calavera Preserve, the largest of Carlsbad’s managed nature preserves. There are six miles of trails for hiking, biking, and your dogs (on leash only).
Kayla and I will be there for open house on Saturday, 12-3pm!
Saw this at the VOSD, and it reminded me of these short clips:
The U-T tracked down the most and least expensive homes sold in the county last year. The cheapest was in Jacumba, which was in bad shape and went for just $27,000: “One room on the property included old laundry, broken computers and abandoned Christmas decorations.”
And the priciest was in La Jolla. It went for a cool $12 million.
The story also included the accidental flip…of a RSF spec:
One of the most expensive homes to sell last year, 16568 La Gracia in Rancho Santa Fe, sold twice. Real estate agent Megan Luce said her clients bought the property in April but realized they weren’t there as much as their other properties so they decided to sell.
“I couldn’t believe they were selling so soon,” she said. “But, the property is breathtaking and I was excited to go into it again.”
Luce did not want to give the buyers’ names, and it is unclear from property records who they were. The home was purchased by Florida-based limited liability company, Covenant RJC, in April for $10.6 million. It was then sold to the Greenfield Trust out of Washington state for $10.85 million in December.
A video tour of affluence – three shopping centers in full-upgrade mode, plus more on the new homes around Carmel Valley this year. With this much action, it is hard to believe we’ll have any trouble selling the limited amount of homes for sale in 2018 – as long as the kooks don’t nuke!
Here’s the video tour of the model homes from February:
A good crowd today, and plenty of reasons to be optimistic. The comps are scattered but paint the picture for those willing to listen, and there just aren’t many decent one-story houses for sale on the golf course – anywhere:
For the second year in a row, at the last minute we were able to rush a seller-financed sale, and close on the busiest day for recordings.
In this case, we didn’t have a signed purchase contract until 3pm yesterday – yikes! But we were able to compress a full escrow into less than 24 hours.
The buyer’s agent first called me on Tuesday morning, and I did my best phone presentation because you never know when it could be your lucky day.
I’m glad I did!
I first listed this property on 1/1/2013, and we have been on and off the market since. But over the last few months, we’ve been lowering the price and expanding the terms to include seller financing. There was never any trouble finding interested parties; but because of its unique nature, we had to find the right buyer because it’s really a one-bedroom house on 15 acres with a warehouse and horse corral.
This buyer wanted a sweetheart deal, so in exchange he took the property as-is with no inspections (we had 2 inspection reports), and had to close this year.
We had 3-4 escrows fail when buyers decided the property was too much for them. As a result, we were well-prepared with everything we needed to close promptly. Once we had an written agreement, the buyer just had to sign at escrow and wire his down payment. My LA-based seller had to sign the original grant deed (county insists), and it had to be back here by early today. Our escrow and title companies performed admirably as usual, and good communication clinched it.
I have followed Jim’s BubbleInfo blog from the early days of the bubble when “real estate could only go up in value” and I knew him to be a straight shooter who would not sugar coat properties nor gloss over their faults.
So when we decided to move back to California after 7 years in the more “
Jim met with us prior to listing – provided guidance on preparation, detailed information and stats regarding local market conditions. He was invaluable for providing contacts for repair and improvements that would provide return on investment. Our combined efforts, strategy and his attentativeness more “
Jim and Donna Klinge are an impressive team. They work extremely well together and back each other up, as well as their clients, along every step of the way. Their expert guidance made a tremendous difference in the experience we had, both buying a new home and selling our previous home of 40 more “
Since Zillow only allows me to write 1 review per real estate transaction, per team of agents we worked with, this is going to be a super long review.Review on Jim Klinge:
Jim Klinge is the quintessential real estate agent, the “broker’s, broker” of real estate agents. My husband and I reached more “
by Louie and Tim Cook
Jim and Donna are the BEST of the BEST! Their knowledge, professionalism, work ethic, and devotion to their trade are unrivaled. It was refreshing to have worked with a pair of professionals who truly understand the meaning of customer service, a lost art in our opinion. Despite living over 3,000 miles away on the opposite coast, Jim and Donna were with us every step of more “
Jim found me a multi family property that we purchased as an investment (Please see my review of Donna Klinge for details on how it went). But the bottom line is this: I never would have found this property, which cash flows right out of the gate, if it weren’t for Jim pointing me toward that house. It just was not on my radar, even though I consider myself a savvy real estate troll. Jim is giving of his time, and his intelligence. And he is also transparent and truthful. And I think he is funny, which is helpful in stressful situations like RE transactions. Jim and Donna have earned every last penny they made from our deal — and in fact they deserve more. And that is why I will use them for my RE transactions the rest of my life. Thank you, Jim and Donna! more “
I can’t say enough about Jim and Donna. Jim got a great price for us and negotiated well. Donna walked us through escrow, handling vendors, and negotiating everything we asked for in the request for repairs. They are know exactly what they are doing and I’ve already recommended them to two other people. more “
I followed Jim’s blog for several years and decided to contact him (along with several other realtors) when an out-of-state work relocation required me to sell my home in San Marcos, Ca. At our initially meeting, Jim spent a significant amount of time discussing pricing options, strategy, as well… more “
Honesty. Integrity. Professionalism. Dedication. Commitment. Jim and Donna Klinge hold these attributes in abundance. They have acted as both our buyer agent and our seller agent delivering highly relevant insight into local market conditions, spot-on advice to maximize the home’s value, and unparalleled management of the transaction process… more “
I cannot imagine a better experience! Jim was our broker when my husband and I bought our first house. Jim never pressured us or glossed over anything. He was patient, knowledgeable, and helped us buy our dream home. His office was detail-oriented, always responsive and we closed in 30 days! The excellent service didn’t end when we bought our house, either, the Klinges have given us excellent and fast referrals along the way. We feel privileged to have worked with such a consummate professional and appreciate how rare this level of skill is. Jim is simply the best in the field. more “
Jim and his team are top flight. He knows the market better than anyone, and his team ensures the deal goes through without a hitch. There’s always something at the last minute, but you’d never know it with Jim and his crew. I’ve bought and sold houses with Jim as my agent over the years, and I wouldn’t use anyone else. Save yourself the headaches and potential costly mistakes… more “
Buying a house is one of the most emotional,exciting, and sometimes confusing milestones you’ll reach for in your life! Being a buyer in this market can make it even more interesting! My husband and I have been looking to buy for a year, and when the time came we wanted a realtor team that would be on our team! Being that I’m a business woman and was 7 months pregnant, I wanted, NEEDED, communication, dependability, and consistency! The Klinges went so far above and beyond … more “
Jim was recommended to me when I bought my first house here in the US five years ago. He and Donna explained the whole process and it was a great experience to work with them. Not surprisingly, when my company asked me to relocate my first choice was to work with them again… more “
I have followed Jim’s real estate blog for years and by the time I got ready to sell my townhouse I felt I knew him both personally and professionally. At our first meeting he was prepared with recent comps and listings for the area… more “
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