Carlsbad has the best oceanfront heights – high enough to keep out the riff-raff, yet the beach is very accessible. The staircase seen here (circled in blue) is public access that the city required to split the rest of this parcel into three lots (in red):
Just one more rerun before Kayla introduces our new listing tomorrow night.
This is the 7th most-watched video on Bubbleinfo TV, and is a greatest-hits tour through the REO-listing days. In April, 2008, the Bank of America had dumped twenty of their REOs in my lap, and over the next 12 months the JtR foreclosure extravaganza ensued.
A month after this video premiered here on the blog (March, 2009), I was on the front page of the L.A. Times, which led to the spot on ABC News Nightline:
This is the third time we’ve seen this property,and the price goes up every time.
When it was first assigned to us in June, I was thinking $175,000 for this house on Olive (though Mr. T was more optimistic). There has been vigorous flipper activity in the lower ranges, and he thought this could get into the low-$200,000s.
These were the tenants who had their $1,000 per month lease invalidated by Bank of America, but then the tenant’s father the attorney intervened and they got to stay through the end of the year.
In the meantime, these three sales took place:
1. A standard 2 br/1 ba, 1,064 house sf listed for $175,000, and closed for $235,000:
In the last six months there have been 33 houses sold in 92083 between $200,000 and $250,000, and only 15 of the 33 closed below list price. Many closed well above list.
I thought that we still needed to be in the low-$200,000s – this house isn’t buffed out, and it has some negatives, though they did pay for new carpet and paint. I sent in my BPO at $229,000 with supporting documentation, so today they list it for $247,900. We’ll see what it sells for, but another example of a hot market:
The address is 1688 Olive, Vista, CA 92083, and it’ll be in the MLS tomorrow morning.
The only people that matter are those who stay in the game.....because you can't win if you don't play. Burned by Hot Housing Market, Some Buyers Back Off https://www.nytimes.com/2021/07/23/realestate/housing-market-burnout.html?smid=tw-share
"Jim the Realtor is legit - I interviewed three brokers; he said list price should be $100,000 higher than the other two brokers; listed it with him and had all cash (no financing) offer in two days, five day contingency period, closing in two weeks - and it closed at his recommended list price. I could not recommend anyone more than I recommend Jim the Realtor. more "
by gary t moyer
"When we moved to San Diego in 2005 we rented a big house on Mt. Soledad (La Jolla) with 180 degree ocean views for the same payment as a mortgage on a dump in Chula Vista. Clearly something was wrong. Yet, the media was full of the usual happy-talk nonsense, so I was glad to find Jim's blog. I've followed his honest assessments and data since. more "
"Where do we begin..2020 has been a year for everyone. When COVID hit and shut down both my husband and my businesses, we were left with a mortgage and very little income coming in. We were stressed, scared and felt stuck. We made the hard decision to sell our home and move out of state. We contacted the Klinges' and spent a good hour going over what we hoped we could accomplish. Jim and Donna came over with comps in hand and suggestions on improvements to get our house ready for the market. It was overwhelming to think about, but Donna was there and one step ahead in every scenario. more "
"Jim and Donna Klinge made the sale of our condo extraordinarily easy. They know the market and gave us sound advice backed by details and very considerable experience, reflected both in the initial pricing and subsequent negotiations. They work together as a team and are always available to talk. more "
"I cannot believe there are no reviews of Donna yet, ugh!! She is the secret sauce of the Jim Klinge/Donna Klinge combo! I will touch on Jim here, but Donna is why I'm so totally loyal to these two (no offense to Jim :)).
I consider myself a rather savvy buyer/seller. I've bought/sold 7 times in more "
"Jim and Donna Klinge are by far the most professional, personable and responsive realtors I have ever worked with. They provide VIP concierge level service in every area of the process of selling your home. My home was marketed so successfully that we received an offer the day after our first and only open house. Thanks to Jim's pricing and negotiating, our house is now the highest sold in our community... more "
by Ann Romanello
"Jim educated us, helped us find the perfect house, and then negotiated us a great deal. I would hate to be sitting across the negotiating table from ... more "
"Jim is thorough and will be brutally honest about the homes he shows you. He provides great service and follows through until the very end and even ... more "
"I highly recommend Jim as a buyer’s agent. Working with Jim, we closed this week on a San Diego condo. Jim prepared a list of comparable sales to ... more "