Yes, I’m one of the active listings impacted by the subject property herein.
The sellers and I are in the process of re-evaluating.
19 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
That shower door must clear the toilet by half an inch! Nice upgrades though…and nice view.
Did you and your seller know that this REO was waiting in the wings? Was it offered at auction and went back to the bank (in the last 3-6 months)? I’m curious how buyers/sellers can estimate if there will be bargains/killers in an area.
Ah, the bank was lucky, only lost 40 cents on the dollar after transaction costs…
(Speaking as someone who made sure the bank’s recovery was 50.1 cents on the dollar when I bought my house as an REO)
08/05/2004 Sold $1,000,000 184% $500 Public Record
08/11/1997 Sold $352,500 — $176 Public Record
Looks like the peak price was 1M but some of the updates looked recent. Today’s “steal” is tomorrows retail price. Buyers just need to be patient and let the market come to them. Really what is a year or two in the grand scheme of things? The average “asking” price in 92103 has been dropping like a stone. Sellers are starting to get the message. So far the buyers have responded to the recent price drops with a collective big whoop.
Reading through a couple years of commentary about this house over on sdlookup… Pretty funny in hindsight.
http://www.sdlookup.com/Property-5C3D9AD5-1844_Law_St_San_Diego_CA_92109
I asked this a while back but got no response: How difficult is it to get in/out of PB during rush hour. I’ve heard stories about traffic backing up for miles near the Garnet exit, but have never witnessed it.
I used to commute in and out of PB everyday, until I moved this year. I typically worked from 7-4 so I missed a lot of the traffic, but sometimes I commuted right in the heart of it.
Turning left onto Mission blvd to go 5-N from Garnet can be a huge pain. We’re talking 2-3 light cycles to do it. There is a back way that helps, but that can back-up as well since it’s not much of a secret. At 8:00am you’re waiting to turn left, waiting to go through two more lights all backed up because there’s a freeway traffic control light on the on-ramp. When I commuted it was sometimes bad, but trying to get to work for a 8:00 start time was often a big pain.
Getting into PB is bad as well, the exit in I-5S really does back-up especially at the heavier hours around 5:00. The summer just seems to add to this traffic too.
If you commute south on 5 out of PB, the commute is significantly easier coming in and out.
One of the other things is that in the summer getting in and out of PB on the weekends can be worse than rush hour traffic and goes on from morning until late evening.
Getting into PB from the 5 north (headed south) is one of the worst exits in all of San Diego. The traffic can be backed up in the far right lane (Garnet/Balboa exit) for miles. I would always do the “right thing” and get in line with everyone else. Then you sit there and watch dozens of a#$holes fly past you and sneak in front of you at the last second. I lived there a couple of years and it drove me crazy.
@UCGal – that was a great read. Thanks for posting it.
I hear ~$400/sf and I think “still way too high”, and that 1997 price validates my impression. Too many people have psychologically anchored on bubble-era pricing, so anything less than peak sounds like a steal. Not to me.
Jinx,
Actually, it makes traffic sense to wait until the last second to merge into an off-ramp if it is backed up like that. As cars slowly accelerate from a stopped position, gaps naturally open up between cars. These gaps are best filled by cars that also need to merge. I had a traffic engineer friend convince me that this aids in getting more cars off a freeway at an exit.
Also, for motorcyclists, it’s a personal safety issue to wait in stop-and-go traffic like that. It’s always best to go to the front and merge at the last second when a spot opens.
That’s pretty interesting…..I love that view. I bet that’s disappointing though. There is a house for sale in Nantucket for $1.7 million….to the left of the one that sold for $1.4 million a little while back. The $1.7 one is the biggest model with the biggest lot….it has a really nice pool and backyard.
I wonder if it will sell at that price. You should do a tour and see what you think, I’m interested to know.
That’s a nice house.
This is one of the things that we are concerned about because we’re looking to buy in older, more established neighborhoods.
Not only can REOs and short sales undercut everyone else…the long-time owners with a $100K-$200K cost basis (many of these are owned free and clear) can cut the legs off of any other seller. All you need is for one of these sellers (or their heirs) to need to sell — for health reasons, deaths, divorce, estate purposes, etc. — and you’re S.O.L. In some of the areas we’re considering, a majority of the owners are in this enviable position. IMHO, it means there is ample room for more significant declines in the future.
. I had a traffic engineer friend convince me that this aids in getting more cars off a freeway at an exit.
That’s fairly incorrect in this case. Because of the various traffic lights it ends up being bumper to bumper through the lights so the max number of cars are making it off the freeway. It’s more like cutting in on one of those on-ramp traffic lights. Sure you “filled the gap” but only one car per green is going anyways.
BWell_SoCal, it sounds like your engineer friend is trying to rationalize driving like an idiot.
I did the same thing as BWell_Socal while I lived in PB. Stayed in the through lane and then “zipper merged” at the end.
If everyone did the “zipper merge” both lanes would move at the same speed and there would be no angry drivers.
Some justification for the increased efficiency of the zipper merge:
http://ops.fhwa.dot.gov/publications/fhwahop09037/principles.htm
If everyone did the “zipper merge” both lanes would move at the same speed and there would be no angry drivers.
That wouldn’t happen here, because there’s a stop light at the end of the on-ramp that causes the traffic to back-up. During heavy traffic times, the red light backs the traffic into the right exit only lane causing it to stop. The reason why it is stopped is because there’s nowhere for the cars to go. That’s a reason why this lane is an exit only lane all the way back to the 52 junction, so cars can be stopped with less disturbance to the through lanes.
What this would cause is for the through lane to stop during the heavy traffic times.
Jakob,thanks for the link. Just be glad we as motorists don’t drive like the motorists in West Africa and Egypt. I’ve lived in both places and it’s absolutely nuts!
There is only one driving rule there. Whoever is in front has the right-of-way. Talk about stress and chaos!
People have a difficult enough time merging without the added chaos. I see behavior on my daily commute that would start gunfights in LA.