When you see things changing behind the scenes, you can’t help but think that it might be worth waiting a bit longer to see what develops – will there be bigger, better REOs later?
Jim Klinge
Klinge Realty Group
Broker-Associate, Compass
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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The values of nearby condos should benefit greatly from the housing shortage around UCSD: http://enewspaper.sandiegouniontribune.com/infinity/article_share.aspx?guid=5997c243-aa01-4fdd-96f6-d71d8fd7f25a - As numbers boom, UCSD embraces its more social side
EXCELLENT Based on 10 reviews.
gary t moyer
2021-03-01
Jim the Realtor is legit - I interviewed three brokers; he said list price should be $100,000 higher than the other two brokers; listed it with him and had all cash (no financing) offer in two days, five day contingency period, closing in two weeks - and it closed at his recommended list price. I could not recommend anyone more than I recommend Jim the Realtor.
drp2drp
2020-12-30
When we moved to San Diego in 2005 we rented a big house on Mt. Soledad (La Jolla) with 180 degree ocean views for the same payment as a mortgage on a dump in Chula Vista. Clearly something was wrong. Yet, the media was full of the usual happy-talk nonsense, so I was glad to find Jim's blog. I've followed his honest assessments and data since.
We decided to sell and move to AZ at Thanksgiving. Dec. 1st we met with Jim to sell our home. We closed today (29 days later). Jim orchestrated a feeding frenzy -- we had 25 showings in 2-1/2 days, multiple offers, and sold for well over asking price. I'd say he earned his commission! We have owned and sold homes in 5 different States always using experienced, productive, full-time realtors. Jim outshines them all.
You don't decide to sell and close 29 days later over Christmas (with COVID lockdown) without some miracles. Donna was amazing at performing lots of those miracles and ensuring that everything was done right and on time. They are a terrific team with a very responsive and professional network.
AmberleePiercy
2020-10-21
Where do we begin..2020 has been a year for everyone. When COVID hit and shut down both my husband and my businesses, we were left with a mortgage and very little income coming in. We were stressed, scared and felt stuck. We made the hard decision to sell our home and move out of state. We contacted the Klinges' and spent a good hour going over what we hoped we could accomplish. Jim and Donna came over with comps in hand and suggestions on improvements to get our house ready for the market. It was overwhelming to think about, but Donna was there and one step ahead in every scenario. Basically we just approved what they suggested and Donna handled literally everything. We placed our house on the market and within the first day we had multiple offers well above asking price! We couldn't believe it. We were overjoyed! Jim countered the offers to weed through them, and everyone came back with way more. It was amazing, and we are ?? sure it was because of the staging and repairs the Klinges suggested we do.
Due to unforeseen dishonesty from the buyers lender, we hit a big hurdle when trying to close. We had already moved out of state and were shocked when three days before closing the lender dropped a bombshell on the buyers and us. However, Jim and Donna handled it like veterans, not afraid to play hard ball and represent their clients. After a few phone calls with us, and several between Donna and the lender, they had a plan B-Z to make sure we were taken care of. In the end we closed with even more money than we ever thought possible and with very little work from us. The Klinges handled this entire "2020" worthy event with the utmost professionalism and did everything in their power to not only make this as smooth as possible for us, but we also walked away with more money from the sale of the house than we ever hoped for. After working with Jim and Donna, you don't ever use anyone else. They are hands down the best team to represent you in any scenario.
Cecilia Acevedo
2020-10-01
Working with Klinge Realty Group was a great experience! They are very responsive, professional and knowledgable about the real estate market! I would definitely recommend Klinge Realty Group.
WAH08
2020-10-01
Jim and Donna Klinge made the sale of our condo extraordinarily easy. They know the market and gave us sound advice backed by details and very considerable experience, reflected both in the initial pricing and subsequent negotiations. They work together as a team and are always available to talk. We had a few challenges with our property and they were able to coordinate the resolution to everything, including items that I would not think would ordinarily be their responsibility to handle. They made the whole process effortless on our part. They are folks with high integrity and we cannot recommend them highly enough.
bethamunce
2019-09-26
Review for Member: Donna Klinge
I cannot believe there are no reviews of Donna yet, ugh!! She is the secret sauce of the Jim Klinge/Donna Klinge combo! I will touch on Jim here, but Donna is why I'm so totally loyal to these two (no offense to Jim :)).
I consider myself a rather savvy buyer/seller. I've bought/sold 7 times in about 15 years. On the buy side, Jim is the PERFECT combo of: completely digitally savvy (he will pull data all day long until you feel comfortable with your chosen house, area, school district, anticipated appreciation rate...anything!), he's super well respected and known in the area by other agents, an amazingly cool but strategic negotiator, is totally devoid of desperation for a sale/commission, and more.
Then once you get into contract phase, Donna literally handles every last and final detail in a concierge-like manner -- totally shielding you from the daily back and forth, noodling and annoyances of the buyer's requests. She solves it ALL; it's miraculous what that woman accomplishes over and above what is even expected in a buy/sell transaction.
On the sell side, Jim and Donna do the same, but even moreso. Donna in particular truly takes everything off your plate: she'll manage getting the house painted, the carpets replaced, she'll go on site (as she Jim both did for me when selling our rental properties) to work with the renters and make sure the house is ready to show -- freeing me to have to take time off of work to do so. They work with A+ integrity, too, so you know you are serving all parties fairly and lawfully throughout.
A home purchase/sale is the most considered you'll ever make. HIRE A SAVVY AGENT, not a friend!, and get what you need out of the transaction. Jim and Donna are our agents for life.
Ann Romanello
2019-04-06
Jim and Donna Klinge are by far the most professional, personable and responsive realtors I have ever worked with. They provide VIP concierge level service in every area of the process of selling your home. My home was marketed so successfully that we received an offer the day after our first and only open house. Thanks to Jim's pricing and negotiating, our house is now the highest sold in our community. Jim's vast experience means he has worked with several realtors and knows the market all over north county. Donna is AMAZING in processing everything in the transaction. She scheduled trades people to work on the house in preparation for the sale as well as the repairs needed before closing. She communicated clearly every step of the way about what would be happening. She took the weight off my shoulders for the whole process. I will always use Jim and Donna for my future real estate needs and I whole heartedly recommend them to anyone buying or selling a home.
zuser20160915180743456
2018-07-03
Jim and the team at Klinge Reality are without a doubt the best in the business! Not only was Jim helpful and extremely knowledgeable, he was patient and determined to help me find my first home. Jim and his team have been in the business for many years, and it shows. Jim is a wealth of knowledge and was my biggest proponent despite the temperature of the competitive market. I ended up getting the perfect property in my dream neighborhood all thanks to Jim. From the day my offer was accepted, Donna was a real lifesaver. She was extremely helpful, responsive, and knowledgeable when it came to every minute detail, and held my hand through the process. As a first time home buyer I had no idea what the process would entail, but Donna curtailed every concern I came across and made the escrow process feel seamless. Jim and Donna provided me the best home buying experience, and I am very grateful for all they did for me. It was truly a pleasure to work with Jim and Donna and I am already looking forward to the next time we work together!
melanielogue
2018-04-30
Review for Member: Richard Morgan
Richard is an amazing realtor! He has high integrity and genuinely cares about his clients and their needs. Richard paid close attention to what I was seeking in a home and was very patient in our search to find it. I would highly recommend Richard and will use him for future transactions. Truly a different kind of realtor experience!
shaunccornell
2018-03-28
Could not be happier with my experience with Jim and his team. He helped me sell a very unique and challenging property. Throughout the entire process he was always available, honest, transparent, trustworthy, and always put my interests as a seller first. A (rare) true professional! During close of escrow Jim went above and beyond to complete the deal. It would not have been possible without his experience, fantastic team, and pure dedication. Highly recommended!
Thanks Jim and Donna Klinge!
Had a rash of BPO’s for local consumption last week. In line with the comments from one of your readers said that B Of A had released over 600 candidates last week. As always, good info on the blog and get ready for more of those Oceanslide cuties.
LPS & Recon have had a large overlap of identical TS #s on their sites for a long time now up here in OC. For some reason most of Recon’s auctions in Santa Ana are at Noon but some are at 3. Those ones at noon I think are the ones that show up on LPS.
How old are these places? Those structural cracks in the garage and leaks in the ceiling are bad news.
I’m thinking $75,000 and I want the seller to pay closing costs.
Try Nature’s Miracle for the cat urine smell. First pull carpet, pad, tack strip and molding if necessary. Sometimes even Kilz is required to lock in the odor as final prep before new carpet/pad.
I know you’d rather be in CV, can’t blame you there, but your coverage of lower tier north county is appreciated.
Just saw an REO come on in an area where I’m interested. It was priced at the TOP of the comps, which were upgraded and fixed up.
Another REO that I had interest in just finished its BPO. The BPO came in at a price just below the house that has been for sale next door that is the same size, that was beautifully fixed up (as opposed to trashed), had more up grades, that had a better lot, and that was a traditional sale. And that house was about 45 DOM before it went pending recently. There’s also SS down the street that’s 400 sf bigger for maybe $30k more.
What am I missing?
Whatever, I will not pay those prices. I guess I’m fated to wait through the summer. This is getting so old.
A few coming soon REOs auctioned in the past week include:
7909 CAMINO DE ARRIBA framed but unbuilt in RSF, back to the bene at $569k.
7206 RUE DE ROARK in LJ btb at $1.39.
2717 RIDGEGATE ROW in LJ btb at $1.183m.
4156 FALLSBRAE RD in Fallbrook btb at $812k.
17 BAHAMA BND on Coronado btb at $1.015m.
1748 ORCHARD WOOD RD in Encinitas btb at $780k.
10118 LONE DOVE ST in CV btb at $640k.
7335 PASEO CAPUCHINA in Carlsbad btb at $657k.
1645 ORANGE BLOSSOM WAY in Encinitas btb at $625k.
1517 TURQUOISE DR in Carlsbad btb at $610k.
13452 TURLOCK CT off Carmel Mountain Rd. btb at $600k.
But when will they be available, and where will they priced?
Thanks for the info, Sean. Foreclosure Radar is a great tool – very informative, but I can’t say the information has helped much up to this point.
WtftM,
If any properties in the areas you’re interested in are heading for auction, you could always try to borrow cash from family and friends to bid at the auctions and then refi and pay them back once you record title, or contact Jim the Realtor about the Trustee Sale program.
Good luck.
Reminds me of the half-basement apartment I once had.
Never again.
As we all know the number of distressed properties that end up on the court house steps is a fraction of the distressed inventory. Postponement anyone? Of the properties that do go to auction, the number that have opening bids at prices that anyone would actually pay is another small fraction. There have been a couple that I would have bid on if I had the cash, but not many.
If there was a way to do some kind of short term loan for the TS and then refi I’d be interested. But there’s also the logistics of just being at the auction (I work during the day) combined with the low likelihood that the property of interest will actually be sold and have a reasonable opening bid.
Sean, I meant no disrespect to Foreclosure Radar. It really has been a great source of information. But at the end of the day the banks have to be willing to take the pain and sell these properties, and so far for whatever reason they don’t seem overly willing or able to do it. So the sea of blue, green, and red dots that I see on the FR map are mostly not accessable to me.
Very frustrating.
You know how some agents post pics of homes with cats in the photo? Not smart.
Waiting to Feel, I hear you on the Foreclosure Radar. It’s so exciting when you first subscribe, then after two months it just seems like a waste of time. I’d go to the steps if I had any confidence the sales would actually happen and the bids were realistic. I think this is happening in Phoenix and Vegas – but not SD.
Jim,
LPS pays big ticket reimbursements in about 2 weeks as long as they are not swamped. The real question is are you getting the BAC commission or the LPS one?
They haven’t said so I’m sure that means I get screwed.
You guys get the plum listings, so I don’t blame you for playing. Do you think I’m crazy for hanging around, thinking it might get better later?
There is no evidence that I am moving up the ladder.
Our list for LPS comes over at 1.75, they get 1.25, BAC may have a different deal. Only way to make it work is with volume and then you have to have support staff and more overhead. Our last 2 assignments are a condo and SFR in Chula Vista, 70 miles round trip. Short sale listings in North County may have better margins and they usually aren’t filled with animal feces.