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.
Every week brings a brand new bag of invisible monsters, yet every month yields surprisingly stable numbers.
Good, reasonable, products. Thanks JtR!
Is Susan married? 😉
Yes, married.
Thanks Mozart, when was the last time you heard of a bridge loan at 6%?
They aren’t for everybody, but glad to hear that they are available because it solves a major problem with move-up/down buyers – trying to avoid the double-move!
I bank with Union Bank, and I’ll tell you, they made it very clear that they didn’t want my mortgage business when I was looking to buy a house in 2009. Their mortgage guy was only at my branch once a week and never returned my phone calls. Plus, their published rates were significantly higher than everybody else’s.
I also have 5% 15 year fixed 2nd mortgages to 85%. You can pair that with a 1st mortgage and do a combo loan. Works out very nicely and saves you money in the long run on interest 🙂
I would love to have your mortgage business!!
One thing I was surprised about when I financed my house was that everything was negotiable.
My lender (I won’t say who they are) gave me a rate that was a 3/4 point below published rates. It seems published rates are all about controlling the flow of plebes in/out of offices.
My lender met/beat any other rate quote I got, within 30 days of the request. And I had gotten a good one that he beat. I bank with them, so it worked out just fine… and most importantly, we closed in 21 days.
With 20% down and plenty of collateral, banks will bend over backwards to lend 4.25 when they can borrow at 0.
Just my experience.
Chuck
BTW, those are some good rates! Would like to also have you follow back with amortization periods… is that 30% down land loan a 5 year loan at 5%, or what?
Also, is that the same for Orange County?
Chuck
jtr, excellent video, next time with sound!
Hi Chuck,
All loans have a 30 year amortization. You can choose the fixed period of time. Either 5, 7 or 10 years. Right now the 5 year is 4.5, the 7 year is 4.75 and the 10 year is 5.125. There is an interest only option for 10 years on the 5 and 7 year but not the 10 year.
This pricing is based upon an investment property lot purchase with 30% down and no impound account.
Sincerely,
Susan
And Orange County is fine 🙂