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.
Not exactly a lot of time to talk it over with the wife.
I was there one month ago just wanted to see the scene, but left after I learned that it would take 4 hours to read through those postpones before read auctions.
I saw those same guys when I was doing jury duty. Kinda neat.
It’s crazy to think that such a large purchase is made so simply. Thanks for showing.
I’d drop that amount of $$$ in a heartbeat if I had the ability to research the property a little beforehand and it saved me 50-100k.
I hope the “bank steps” program Jim is putting together works out. When I’m ready to buy (prob late summer) I’ll make a mad dash to sign up.
So do you need the entire amount at the end of winning a bid? Or just a $10k bond to hold it for 24 hours then pay off the entire amount?
Yes, a cashier’s check for the entire purchase price needs to be handed over at the sale. Arizona has the next-day pay program, which would be awesome here, but then more people would join in.
Jim,
Been busy. Hope you & family had a great Xmas. If I don’t get back to post, have a great new year.
Keep up the great work on the blog.
Same to everyone else.
The opening bid is $435,240, but no takers, and it goes “back to bene”. A month later the bank listed it for sale, with list price of $446,507. After being on the market for six days, it sold for $454,000 with a $13,000 credit to buyer.
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This is exactly why I have a problem with the flippers. As long as taxpayers are backing these loans or backing the banks, every penny lost by the banks is a penny (or portion thereof) lost by the taxpayers.
If the banks were to just take these properties back, they could put them on the market for less than the flippers (buyers win), but for more than what they’re getting at the courthouse steps (banks/taxpayers win) because they could market the properties to the much larger pool of people with mortgages instead of cash-only buyers (flippers at auction). If the NAR didn’t succeed in preventing banks from selling their own inventory, the banks would save on commissions, too.
Betcha JM & company brings a few mil worth of cc’s (in various denominations of course) to the steps every day.