From the hills to the sea, trustee-sale pricing has gotten more attractive – here’s another example:
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Jim Klinge
Klinge Realty Group
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
- 682 S. Coast Hwy 101, Suite #110
Encinitas, CA 92024 - (858) 997-3801 call or text
- klingerealty@gmail.com
CA DRE #01527365, CA DRE #00873197
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Trustindex verifies that the original source of the review is Google. We sold a home with Jim and Donna and from beginning to end they were consummate professionals. Their initial walk through the property resulted in a list of items to be repaired or updated. They supplied a list of vendors and job quotes to do the repairs and updates. We originally wanted to sell ‘as is’ and just get it over with. They gave us a selling price for ‘as is’ and options for doing a few updates/repairs to doing it all with the selling price for each option. We agreed to do all they suggested and we sold for the exact price they predicted. For every dollar spent we got back more than $2 back in the selling price. And they got that price in a rising interest rate environment! Donna and Jim are extremely detailed and guide you through ever aspect of the sale. There were no surprises thanks to their guidance. We couldn’t be more pleased with their representation. Thank you Donna and Jim, Jerry and MaryTrustindex verifies that the original source of the review is Google. We have known Jim & Donna Klinge for over a dozen years, having met them in Carlsbad where our children went to the same school. As long time North County residents, it was a no- brainer for us to have the Klinges be our eyes and ears for San Diego real estate in general and North County in particular. As my military career caused our family to move all over the country and overseas to Asia, Europe and the Pacific, we trusted Jim and Donna to help keep our house in Carlsbad rented with reliable and respectful tenants for over 10 years. Naturally, when the time came to sell our beloved Carlsbad home to pursue a rural lifestyle in retirement out of California, we could think of no better team to represent us than Jim and Donna. They immediately went to work to update our house built in 2004 to current-day standards and trends — in 2 short months they transformed it into a literal modern-day masterpiece. We trusted their judgement implicitly and followed 100% of their recommended changes. When our house finally came on the market, there was a blizzard of serious interest, we had multiple offers by the third day and it sold in just 5 days after a frenzied bidding war for 20% above our asking price! The investment we made in upgrades recommended by Jim and Donna yielded a 4-fold return, in the process setting a new high water mark for a house sold in our community. In our view, there are no better real estate professionals in all of San Diego than Jim and Donna Klinge. Buying or selling, you must run and beg Jim and Donna Klinge to represent you! Our family will never forget Jim, Donna, and their whole team at Compass — we are forever grateful to them.Trustindex verifies that the original source of the review is Google. WeI had the pleasure of working with Klinge Realty Group to sell our home in Carmel Valley, and I cannot recommend them highly enough! Jim and Donna demonstrated exceptional professionalism, offering expert guidance on market conditions and pricing strategy, which resulted in a quick and successful sale. Communication was prompt and we were well-informed throughout the entire process. For anyone looking for a dedicated and knowledgeable real estate team, look no further! ---Trustindex verifies that the original source of the review is Google. Donna and Jim Klinge of Klinge Realty Group have our highest possible recommendation. From Donna and Jim’s first visit to our house through closing their advice and counsel was candid and honest in all dealings. They kept us fully informed throughout the process. The house sold less than three days after listing with a two-week closing. My wife and I have sold several houses during our lives. This was by far the best experience. Klinge Reality is a premium service realtor. You can’t make a better choice for someone to sell your home fast and for top dollar.Trustindex verifies that the original source of the review is Google. Donna and Jim provided exceptional support and professionalism throughout the entire process. We couldn't have been happier with their efforts. They made our house shine, and thanks to their expertise, it sold above the listing price in the very first weekend! Truly a fantastic experience from start to finish.Trustindex verifies that the original source of the review is Google. This year has been difficult on our family, mainly due to having to sell our home. Thankfully we knew God had a plan for us and working with the Klinge team was a key part of it. It was an obvious decision to work with them again after such an amazing experience when purchasing the same home we needed to sell. The challenge was, how will we do this in so little time with so much going on? Jim and Donna held our hand every step of the way. Whenever an unexpected issue arose they found and provided a solution. Never once did we feel pressured to make a decision and the Klinges were always reassuring after providing the information that the decision was ours to make. Despite the curve balls, they never panicked and exemplified the “can do” attitude, making us feel optimistic and taken care of. Their expertise and professionalism was superb. But of all the reasons to work with the Klinges, the most impactful and valuable is their compassion and genuine care for their clients. We pray that we can one day purchase our forever home and you better believe that Jim and Donna will be representing us - as long as they will have us of course. Thank you again Klinge team! Your execution, experience, and care are unmatched.Trustindex verifies that the original source of the review is Google. Jim and Donna were fantastic! Jim understanding my needs, recommending potential places, pointing out the pros and cons of each property was invaluable. Then when the offer was accepted Donna’s organized guidance through the inspections, paperwork etc made the whole process seem effortless. So grateful that I had them on my side!Trustindex verifies that the original source of the review is Google. We first found Jim through his blog at bubbleinfo.com, which really showcased his knowledge of SoCal real estate. Since then we've done three transactions with Jim and Donna, and they are an incredible full service agency, with Jim's deep market insight and Donna's deft contract and project management. We trust them implicitly in their analysis and strategy, which is based on years of experience. They're always available and on top of things, and we strongly recommend them to anyone.Trustindex verifies that the original source of the review is Google. The Good The Klinge Realty Group operates like a finely tuned machine, with a very personal touch. We contacted them on a Sunday and they were talking to us about our family and our needs on our living room couch the following day. They carefully listened to us and worked with us to identify the best and quickest path to listing within 2 weeks to take advantage of the low inventory conditions in our South Carlsbad neighborhood. They knew our tract specifically and had many previous sales there over the years - they came prepared with a thorough analysis of comparative sales and recommended a pricing strategy that they felt confident would yield offers the first weekend on the market. The Great Over the next two weeks Donna coordinated a range of vendors who she knew from experience could get the preparation to list work we needed done on time and with high quality. Our light tune-up involved excellent experiences with their stagers, landscapers, contractors, electricians, and plumbers. Throughout this period Donna's daily communication was clear, concise, and responsive. Any time we had questions Donna picked up the phone or texted immediately - but almost always, she answered our questions before we even knew we had them. The Outstanding We had a tricky situation with a shared fence that could have delayed our escrow. Donna used superb mediation skills to negotiate the terms of replacement and was personally on site with the fence contractor to make sure everything went smoothly. The fence looks great and escrow closed on time. The Truly Exceptional Our house came on the market on a Wednesday and between then and Monday morning Jim was personally at all three open houses. He was in constant communication explaining potential buyer reaction and strength. As he predicted offers began to come in on Saturday and each one was incrementally higher than the last. At the end we had 5 offers, 4 of which were over list, and the final accepted offer was $100,000 over list. In addition to being over list it included rent back terms that met our needs. The Recommendation For all of these reasons we would strongly recommend The Klinge Team to anyone wanting to sell in North County Coastal San Diego. I had been reading Jim's bubbleinfo.com blog for 15 years and knew when the time came to sell that he would be our first call. Jim Klinge is not your standard realtor. He is keenly aware of market conditions and sales strategies. And, works his tail off - though not as hard as Donna . At this point he's gone from realtor to friend and I plan to have him over to grill and chill at our new place to talk real estate, but also just about life and raising kids in San Diego. He's more interested in relationships than his sales numbers - and that's why his sales numbers are so high. We have already recommended the Klinge's to some close friends and another successful sale is on deck right around the corner...Trustindex verifies that the original source of the review is Google. We recently had the pleasure of working with Jim and Donna from Klinge Realty Group to sell our house, and we couldn't be more satisfied with the experience. From the initial meeting, they listened attentively to our needs and provided invaluable guidance on specific improvements to get our home market ready. Their responsiveness throughout the entire process was truly impressive. Anytime we had questions or concerns, they were quick to address them, ensuring we felt comfortable and informed every step of the way. What stood out the most was their team and extensive network of tradespeople, which made addressing any necessary repairs or updates seamless and stress-free. Thanks to their expertise and dedication, our house sold quickly and at a great price. We highly recommend Jim and Donna to anyone looking to buy or sell a home. They are a fantastic team who truly care about their clients and deliver exceptional results.Load more
Wow. Painful to think I just bought a place when I see a deal like that.
Deals like that are what get the higher priced neighborhoods dropping in price. As the buyers 10 minutes from there migrate out to that because of the view, size and comparatively low price, the sellers 10 minutes from there have to drop their prices. And so on and so on. Gives me confidence that more of a drop is coming to LJ, RSF, DM and CV.
It starts on the outskirts and slowly but surely keeps coming until it hits the ocean.
Careful Jim, with videos like this, the “Hunter S. Thompson of Real Estate” comparisons are going to start again.
Now Jim, you’re being awfully unkind to your more bearish posters. 😉
You know darm well I think that house is worth every single penny “the flipper” paid for it. Whether or not it’s worth the $775K is a whole ‘nother question.
Yes, that is a fantastic house. If a house is about 50% below peak prices, it’s probably not overpriced. I think even the most bearish of us would agree on that. That house was priced right because the deadbeats were kicked out and WAMU/Chase was able to foreclose on it (because taxpayers are backing their losses). If every lender were to foreclose on the deadbeats, I’m sure housing would be properly priced.
What many of us take issue with is the “free rent” program that never ends — courtesy of the taxpayers, in some situations — and the non-stop manipulation by the PTB and everyone else involved to keep prices **artificially** inflated with stupid credits, fake interest rates, moratoriums, modifications, etc. Please understand our point of view — eveyone is conspiring to take more money out of our pockets, by forcing us to overpay and bail out the idiot borrowers/lenders, and by increasing our deficits to heights never before imagined.
Well, maybe it’s a fantastic deal, maybe it isn’t. Eight acres of what? I watched that and thought okay, what’s wrong with it? Obviously, you can’t cover everything in under eight minutes, but there could be a lot of things that make that house a white elephant.
Regarding, the gas can in the cab: are you serious? That is asking for something really bad to happen. If you run out of gas call yourself a cab. It’s a lot cheaper than skin grafts.
I would buy that in a heartbeat if I knew about it.
Jim,
Might be a cool poll for everyone here.
What color rattle-can paint job should Jim paint the ’66???
What color rattle-can paint job should Jim paint the ‘66???
My vote is “Hunter Orange” aka “Safety Orange”
http://en.wikipedia.org/wiki/Safety_orange
It would be awesome showing up to open houses in something like that. 🙂
That house is the antithesis of Carmel Valley. Nice place. One could throw a hell of a party there, if they were so inclined.
I’ve never seen someone store a gas container inside their truck before. Huffing and driving must be an interesting experience.
Love the house, and think the flipper bought it at a great price.
I still think we have some ways to fall, especially on the coast. When it makes financial sense to buy, I’ll buy.
-Erica
I’m usually with the bears but that place is a steal. If I had the money, I’d live there. I know that area well and on a clear day, there’s a nice view of the ocean from those hilltops. Only downside, driving through blue-rinse land to get to your home.
I still think most people buying now are catching knives. At $500K and some change, that’s a steal. Being bearish doesn’t mean you put your brain on hold, it just means you’re more critical.
I just went to a courthouse auction here in OC as Jim has sparked my interest in them. Only a couple houses actually sold to a few of the regulars there. No crazy bidding, most just got bid up a few K from the starting bid then droned on for a minute in one hundred dollar increments. What I found funny was the guys talking on cell phones covering their mouths like they were nfl coaches making football plays. Thought they were doing it just to be polite to the auctioneer but they would do it even when far from him.
ice weasel,
Like it or not, you’re still with the bears. 😉 It looks like some of the most bearish posters (shadash and I) think that’s a nice house at a nice price.
As you said, being bearish does not mean we won’t buy at any price. If something is priced right, we’ll come out of the woodwork!
I never thought I’d live in Escondido…But if I had a chance at that house for THAT price, I’d do it in a heartbeat! Especially when I compare it to some of the junk I’ve been looking at along the coast.
This is an amazing property. It saddens me that the system is set up so that it’s more cost effective for WaMu to dump the property and for the taxpayer to cover the loss than it is for WaMu to hire a local realtor to sell the property on the open market. So, what is essentially happening is the taxpayers are handing over the cash for flippers to profit off this mess. If the taxpayers were not eating these losses for the banks, WaMu would be wanting the best offer they could get and putting a local realtor to work.
All you reader flippers, be sure and thank your fellow taxpayers for your income.
Ok, find me a place about 1500 square feet at the same price per sqft-I’m there!
Art Elecrtic,
If realtors want to sell the property they can buy it just like everyone else on the courthouse steps.
So, what is essentially happening is the taxpayers are handing over the cash for flippers to profit off this mess. If the taxpayers were not eating these losses for the banks, WaMu would be wanting the best offer they could get and putting a local realtor to work.
—————–
This is exactly why I have a problem with all the flipping. The taxpayers are subsidizing the profits yet again…
Yes, damn nice place at a great (trustee sale) price.
Jim, I sure hope your program gets rolling, ‘cuz it looks like you could score your clients some really sweet deals.
Oh, and tell those “want to report you to Sandicor” weanies to stop crying and go get some ethics.
Awesome place, one of my favorites you’ve shown. Amazing looking deal
I was interested in some properties headed to foreclosure but I gave up tracking them because they kept getting postponed. Jim, how do you know when a property is REALLY going to auction and not going to be postponed or cancelled? Is there a limit to how many times an auction can get postponed?
Can be postponed 1 year
I have a friend that is in the midst of a 3-month “trial period” for a loan mod. His property was originally scheduled to go to auction on 10/8 but it was postponed due to the loan mod. Then it showed it was going to auction on 11-8 (postponed), 12/8 (postponed) and now 1/8 (hopefully postponed), even though he has been making his adjusted payment all along. I am hearing that this “trial period” is standard nowadays. This could be accounting for alot of these multiple postponements–frustrating if you are following a property.
The likely reason that lot is 8 acres is that is the lot size required by the county for steep terrain. When you hear 8 acres, think steep terrain.
Which means most of the lot is unuseable. Still, it does give you privacy.
Fairly funky inside but the layout is good so throwing $100K at it would do it up nice. It would certainly be something to consider.
Those of you who think you’ll be able to buy an oceanfront acre with a huge house and a pool for $1.50, please continue to wait…
PS – still have fond memories of the huge old white 69 Dodge pickup I drove for years. Damn thing was indestructable and I could park in anywhere without worry…it wasn’t worth anything! Could throw anything in the bed as it was already dented beyond repair.
Sometimes I miss that truck…just throw gas in it and drive.