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?
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Jim Klinge
Klinge Realty Group
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- 682 S. Coast Hwy 101, Suite #110
Encinitas, CA 92024 - (858) 997-3801 call or text
- klingerealty@gmail.com
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Trustindex verifies that the original source of the review is Google. Jim & Donna Klinge helped us sell our home of 30 years in Ocean Hills. We were very happy with their service and would HIGHLY recommend them to anyone looking for an Honest, Knowledgeable, Skilled, Informed Efficient realty team. Both Jim & Donna were so helpful in different ways and complemented each others skills. Please refer to a more detailed review that we wrote on YELP. Thank You Both for all your help!!!Trustindex verifies that the original source of the review is Google. A+ thank youTrustindex verifies that the original source of the review is Google. Many years ago, we purchased a home in Carlsbad, using a realtor that was recommended to us - Jim Klinge. Fast forward to 2025, we recently had the privilege of selling 2 homes in Carlsbad, CA and didn't hesitate to reach out to Jim and Donna Klinge of Klinge Realty Group to guide us through the sales. The transactions were very different, each with its own unique situation, opportunities and challenges. From start to finish, Donna and Jim helped navigate the pre-sale preparation, the listing, showing of the house, buyer negotiations, the final close and all of the paperwork and decisions in between. What stands out with both transactions is the professionalism of Jim and Donna (and their team), wonderful communication (timely, relevant, concise), their deep understanding of market dynamics (setting realistic expectations), their access to top-notch contractors, and last, their ability to guide us across the finish line successfully. We wouldn't hesitate to use Jim and Donna in the future and highly recommend them for anyone looking to buy or sell a property in North San Diego County.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!Load more
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.