Someone is going to throw carpet over this and forget all about it…..
12 Comments
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
I’m sayin’ those concrete cracks are not a problem and 75k max shines that place up to top shelf.
Listing agent describes it as “Corporate Owned” and the Taxman shows the Owner is “STRUCTURED ASSET INVESTMENT LOAN TRUST 20” which appears to be a consortium of loans pooled by Lehman Brothers, so is this in BofA’s realm? I see many expired MLS’s from 2006 through 2010 but prices are blocked. Was the Owner in ‘lottery mode’ before foreclosure because they thought they would be just fine? If they had a Buyer, I guess they would not pass inspections with the slab cracks and maybe the bank would not approve a short sale, thinking FC was the better route?
Someone will consider covering the cracks with carpet, maybe put some epoxy in their first. A nice laminate floating floor could also bridge the divide. Reminds me of the college days when some people would fill nail holes after removing pictures from apartment walls with Colgate because it matched the white walls (don’t use Crest) to get security deposits back. Minty Fresh!
Another one that screams “Paging Tom Tarrant!”.
He could dress this place up sweet and double his money.
Reminds me very much of the type of house I bought: A trashed out forclosure on a really nice house where the bank left a ton of money on the table by being unwilling to fix things up before listing.
I’d agree with the $75K to fix it up right for residential use but still. Heck, my fixup was $75K and that included bling stove, new roof, new electrical, paint, installing a wine room, etc… So this might actually be cheaper.
Drywall is cheap really, and you want to paint your new house anyway. New flooring is no big deal.
If I was in San Diego looking for a nice place, at that price I’d have a pre-offer inspection done today and the offer in tonight…
On top of a hill like that I wonder if the cement was just poured incorrectly or if the pool is pulling the house down the slope.
That much water damage is really unnerving. Did the owners leave doors open 24/7 or is something else going on.
Why not just tear it down and start over? The funky smell, the big cracks – they seem like a cause for concern.
It’s $561k for an ocean view lot and then you can put one of those cool modular homes.
How much of a deal are those cracks, really? I always wonder if they’d seem routine if everyone lacked flooring on top of their slab so that you could actually see what was there.
We’ve been waiting to see the price and interior of that one for a while now. Prior to seeing the price it was intriguing as a flip property but it will definitely prove to be a challenge now. One issue on the back end resale may be the fact that the 3400 sqft home next door just sold for $672K; albeit with no renovations worthy of noting. Let’s ~75K is enough to renovate and you end up with a total of ~$650K in this. Even if you settle for a minimum of 10% cash on cash return the property would have to fetch ~$765K on the resale after renovations. Given the fact that you are going to have foundation, pool, drainage and patio / driveway re-surfacing costs on top of your typical rehab (kitchen / baths / flooring / paint / etc…), and given that this property is also crying out for new windows and doors, and possibly a new roof I think all but the absolute bravest of rehabbers will be making offers on it at the current list price. There are 2 – 3 comparable properties that indicate the after repaired value will be around $675K – $700K max. Good property for an end user buying with all cash.
weary flipper is spot on…
This is the difference between “fix for self” and “fix for flip”: It pencils for fix-for-self but not fix-for-flip, as a flipper has to sell for >6% more than he bought it for before he hammers a single nail to just cover the transaction costs on sales.
So with NO profit, and $75K fix-up cost, it would have to sell for $670K with NO profit. With a $50K profit, it would be $720K. Which doesn’t work.
I’m not a flipper just saying that if buyers are looking to buy, own and live in a very nice property for a ~ 10% discount to market, there it is. If your looking for a discount on a nice move-in ready view property in a decent location, good luck.