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.
Day late and a dollar short?
hey jim,
Is there anyway possible to actually know if a homeowner is not making mortgage payments without any kind of public notice from a trustee such as the notice of default?
The doom and gloomers keep talking about all this shadow inventory.
I am wondering how many people are sitting in homes not making payments but there is no public record unless the trustee records something.
You can pay for data on mortgage delinquencies – the credit bureaus are happy to sell it. I’ve seen the lists a couple of times, and it’s a pretty low number, and few of the superior properties are on it.
But the servicers have to report the delinquencies.
If they were as sinister as believed, the banks might conspire to not report delinquencies – then nobody would know. Or they might just forget?
Nothing we haven’t said here before.
Expecting that house prices will continue to move inversely with interest rates the only risk is ever having to sell. I’d definitely buy a house if I considered it my forever place.
Shiller and tj & the bear declaring that this is a good time to buy on the same day!!
This is the bottom!!
BTW, this already sold: http://sandiego.craigslist.org/csd/cto/3747490885.html
Those blazers are awesome. my dad had one back in the 70’s.
As far as the mortgage delinquency data, is that really data available to the general public? seems like they would not just release that information to anyone.
I wonder why no one is really reporting those numbers?
They will give to anyone who wants to buy it. It’s not cheap.
Perma-Bears getting bullish. I thought that was the time to worry. Still haven’t seen a slow down in sales yet so I wouldn’t be too worried.
That’s not bullish, it’s simple math. If rates rise and housing prices fall commensurately then your payment’s the same and you still pay it off in 30 years.
I’ll be bullish when prices have hit bottom, but at present it’s rates that are closer to the bottom instead.