Table of Contents Message From GAR
FEATURED HOUSES
Discover A Hidden Gem! Departments 8
Market Report Your comprehensive look at the trends of the real estate market.
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Feature Renovation Sensations!
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From the Experts Quick Tips For A Successful Open House
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Commodity prices are up and so is inflation. That's not a bad thing for home prices. Over the long term, home prices tend to rise with commodity prices. And with prices for commodities like oil, copper, steel, and Arnold Jose • President cement commanding sky-high prices and the Producer Price Index for construction up 39 percent over the last five years, sooner or later, the increasing costs of raw materials will push home prices higher. So if you know consumers who are looking for a hedge against the rising cost of commodities and the inflation that usually accompanies it, you have a story to tell them about real estate. With the rising construction costs on the horizon, "now is a good time to buy" becomes insightful investment advice, not just a marketing catchphrase. Housing, after all, is the ultimate commodity. Every home is a basket of materials like steel, wood, and copper wiring that, when combined with the cost of land and labor, becomes a store of value for every commodity that’s gone into the home’s construction. It’s this tangible quality that ties the long-term price of a house to its cost of production and makes a home such a fundamentally different kind of investment than a stock or a bond. The current market conditions on Guam that are affected by external forces, namely the global economic turmoil and the infrastructure challenges that Guam’s utility agencies are currently addressing may be keeping home prices lower for now even as
Profile Rob Peryon “Triple Threat: Appraiser+Broker+Musician”
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Classifieds
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Closing Guam Association of Realtors REALTOR® Safety Tips
November 2008 • Vol. 1 • No. 6 CasaGuam is Published by:
530 W. O’Brien Dr. Hagåtña, GU 96910 Tel: (671) 472-3495 | Fax: (671) 472-3498 email: office@yellowpagesink.com
the cost of raw materials rises. But because home prices are grounded in hard costs, the long-term home price equilibrium will adjust at some point to reflect the price of production and the cost of land. Once builders are in a position to pass on higher commodity costs, buyers will begin to feel the price pressure. Investing in commodities is a time-tested way to turn inflation’s lemons into lemonade. And purchasing homes is a time-tested way to buy commodities. If commodity prices continue to go up, as many experts anticipate, your customers can stay ahead of inflation if you can help them understand that, over the long term, home prices will go up. With all the negative news about the economy that we are being bombarded with on a daily basis, it can be hard to pull ourselves away from it all and look at the situation with a positive perspective. Whether we like it or not, the negativity is affecting us all on a subconscious level. We REALTORS have to make sure that we have a constant supply of positive and motivational material to combat the onslaught of negativity we are all exposed to each day. When the markets change, you have to change with them! Real Estate is cyclical and there will always be ups and downs, and this particular slump is expected to continue at least until the 1st quarter of 2010. Until then, we must all prepare for what is anticipated to be the biggest economic and population expansion that our island paradise will certainly be experiencing in the near future. ARNOLD C. JOSE 2008 President Guam Association of REALTORS® Publisher Business Sales Manager Traffic/Circulation Manager Production Manager Production Assistant Graphics & Layout
Yellow Pages Ink Jay-R S. Dominguez Josie Redmond Mark Burke Lynda Young Mark Burke Jon Barnhart Editor Janiece A. Sablan Editoral Contributors W. Nicolas Captain Peggy Araullo Llagas Clare Delgado Special Thanks To Ricardo Delgado Jr. President – PTI Larry Knecht - EVP
CasaGuam Advertising Disclaimer All Advertisers agree to hold the publisher harmless and indemnify it against any and all claims, losses, liabilities, damages, costs and expenses (including attorney’s fees) made against or incurred by the publisher, officers or employees with respect to, or arising out of, the content, text, graphics or representations of any ad published herein, including but not limited to the sole negligence and/or fault of the publisher. The publisher is not liable for any claims, losses or damages of any kind, arising from the wording, text, graphics or representations of any ad published herein, or the condition of the articles sold through the publication, or performance of services advertised in this publication. All advertising and/or performance of services advertising and/or submissions become wholly the property of CasaGuam Magazine. CasaGuam Magazine is a registered trademark of PTI Pacifica Inc. Copyright © 2008. All rights reserved. Reproduction in whole or in part in any form without the express written consent of the publisher is prohibited. We reserve the right to edit or refuse any ad and to reprint any photo for promotional use.
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Real Estate Listing By Village
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Market Report
Local Confidence Bouys Guam Real Estate Market; Median House Price Hits New High Although foreign investment in Guam real estate appears to be temporarily sidelined, local investors have remained confident, limiting the anticipated slowdown in sales activity. The 2008 3rd quarter statistics are relatively robust, reported Nick Captain, President of Captain Real Estate Group, with $99.8 million in sales volume. However, year to date real estate sales volume is down by 41 percent vs. 2007 figures. “We were expecting a steeper decline in activity”, stated Captain. A number of high priced sales involving local buyers kept the market from a sharper fall. “We don’t see the high price sales activity continuing through the 4th quarter and we are projecting another 40 percent decline. The majority of investors remain in a wait-and-see mode, primarily due to global economic volatility and credit issues as well as the local moratorium on development. And keep in mind that 2007 was a very strong year in Guam real estate. Anything measured against 2007 will likely reflect a steep decline”, said Captain. Local market confidence was reflected in several multi-million dollar land deals, but is most evident in the residential sector as the median price of a Guam single family dwelling reached a new record high at $235,250, up 20 percent from a year earlier. The dramatic rise in median home prices, more than doubling since 2003, compares favorably to mainland markets which are suffering from historic declines. The change in product mix continues to impact the local median home price as a growing number of new houses are built and sold. Newer houses typically sell at prices higher than older houses, pushing median prices upward.
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Residential transaction activity during the 3rd quarter remained healthy with 191 houses sold. The high end of Guam’s housing market, which has been recently characterized by oversupply and limited demand, also staged a rally with seven houses selling at prices above $500,000 during the 3rd quarter. The 3rd quarter high end home sales included a recorded $852,000 sale at the nearly completed Talo Verde Estates, Guam’s premier residential subdivision. Many high end home sellers have adjusted their price expectations which has allowed for significant growth in the high-end sector. However, the supply of high end houses remains excessive with 47 listings priced above $500,000 in the Multiple Listing Service. The condominium sector, which is typically more sensitive to foreign investment, continued to spiral downward as the median price declined for the 4th consecutive quarter to $125,000. The 57 condominium units sold during the 3rd quarter reflected the lowest level of transaction activity in four years. However, condominium sales activity included the July 2008 sale of an upscale Tasi 17 unit to Clubs of Guam, Inc. at a recorded price of $1.0 million, a record non-beachfront condominium price for Guam. Real estate market conditions for land continue to slide as the weak economy, a moratorium on development and increased prices have combined to limit activity in this sector. Land sales volume has plummeted in 2008, down by 41 percent compared to 2007 figures. “The land sale rate of decline is, unfortunately, increasing. We expect the land sector to rebound when foreign investment returns, sometime after the moratorium on
development is lifted”, said Captain. The moratorium-impacted 3rd quarter land sale figures reflected a decline of 55 percent from 3rd quarter 2007 sales, a loss of $28 million. Based on the surprisingly strong 3rd quarter, Captain has revised their 2008 total sales volume projection to $375 million, up $25 million, but still down by 45 percent from 2007. Captain’s forecast for 2009 involves additional contraction. “Based on our analysis of sales activity trends and regional market conditions, we are projecting a 15 percent decline in aggregate sales volume for 2009”, stated Captain. Captain further added, “The market is moving in different directions. The residential market is characterized by strong consumer confidence which is evident in healthy transaction activity, significant new construction and record high median pricing. Fortunately, Guam banks are still lending and we haven’t experienced the liquidity issues which have put downward pressure on market conditions in the mainland. However, foreign investment in land and several proposed development projects appear to be temporarily sidelined.” “When the market softens, that creates opportunity. Although we don’t expect to see the heightened duress activity that was reflected during the 2000 to 2004 downturn, there will likely be a few bargains on the horizon. The window of opportunity may be short-lived because the fundamentals of the Guam real estate market will change once the military build-up plans are more established. By 2011, Guam real estate should be entrenched in a three to four year growth cycle”, Captain noted.
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Feature
Renovation Sensations! By Janiece A. Sablan
Mosley on Over Judith and Tony Mosley were planning a move to Guam from Saipan eight years ago. One of their biggest concerns was finding a place to stay that would fit a family of nine! Judith knew that finding such a house that was move in ready would be difficult. “After having looked at a few possible suitable houses, that were too far out [of the way], we found a house that was existing, but needed additions and updating. With seven children going to different schools, it was imperative we lived [centrally],” explains Judith Mosley. The Mosleys settled on this 1960s Perezville home which is in the heart of Tamuning. The house was in need of updating, but also needed structural changes to improve functionality. A bank owned the property at one point and as employees resided in the home, they made little additions here and changes there that weren’t always completed. Judith had a good idea of what she wanted out of this home in terms of both design and function. She’d been collecting photos and articles from magazines for years and was excited about having a chance to put them all together. “Having lived in hot countries for most of our married life and before, 10 CasaGuam ◆ November 2008
we have always leaned towards Mediteranean style, with heavy Asian influences,” says Judith. They anticipated renovations to their home would take about one year, but decided to slow things down as they delayed their move for an additional year to allow their eldest daughter to finish high school in Saipan. How do you handle renovating a home from such a distance? First, you find a contractor you are comfortable with. Through recommendations, the Mosleys found PMV Construction. Initially, husband and wife took turns flying between Saipan and Guam to oversee the progress on renovations. After working with the contractor for a
while, their apprehension over doing this long-distance renovation dissipated as they were confident in the contractor’s vision and workmanship. www.CasaGuam.com
Feature This was no small renovation. Judith’s goals were to meld the Mediteranean and Asian influences in a very functional space. One walk through the Mosley’s house will show that she achieved her goals successfully. An odd entryway is now a gorgeous media room. Half-finished outdoor spaces were fully enclosed to create a sitting area where the kids work on homework and Dad works on his laptop. Judith ensured that she had her very own “quiet space” with a beautiful office space that was once a patio. The kitchen is one of the most dramatic aspects of the renovation. PMV designed a beautiful, fully functional kitchen for this big family. The richly-colored cabinets and the deep red walls are both warm and inviting. Large balconies on the rear of the home have also been upgraded with ceramic tile and a few awnings to allow for comfortable evenings enjoying the view of the ocean. The four bedrooms upstairs were configured with the Mosely kids in mind; however, their design is functional for any family. The upstairs bathrooms have a unique feature that Judith saw was necessary for seven kids—a laundry shoot that sends clothes right into the laundry room adjoining the kitchen downstairs. Priceless. The master suite is right out of the pages of a home design magazine. Sliding wooden-louvered doors and a large balcony that overlooks the ocean make a day at home seem like hotel living. The icing on the cake is the spainspired master bath with Jacuzzi of course, which was Tony Mosely’s only request for this house. Judith jokes about the fact that Tony has only used his Jacuzzi twice in the last eight years. “Who has the time with seven kids,” she laughs. The quality of workmanship on the Mosely’s house is apparent, but did they stay within budget? “Yes, we had a budget,” explains Judith, “but like everyone else, we went over—in our case by some $40,000!” The Mosely house was not renovated to sell; however, it is currently on the market. With location, size, view, and now, with functional design, this house has it all.
Something to Flip Out About! Another home that was more recently renovated is one that belongs to Today’s Realty. The company occasionally purchases properties at low prices to flip for a reasonable profit. This Sinajana home was the perfect subject. The house was in disrepair and was defwww.CasaGuam.com
After Before initely in need of an overhaul, but its corner lot location, close proximity to schools and grocery stores, as well as the fact that it is just minutes from downtown Hagatna made this property a prime candidate for an investment property. PD Interiors was contracted to do the renovation work on this four-bedroom, 3-bath house. Original louvered windows were changed to attractive French windows, five energy-efficient split unit ACs were installed, walls were stripped and refinished, and electrical and plumbing were overhauled. Structural changes focused on more functional use of space including moving the front wall out about three feet to allow for more living area. The stairs were completely redone with new balusters. One of the biggest changes was improving the appeal of the master suite by shifting the original bathroom into what was formerly a small
bedroom and making a walk-in closet out of the original bathroom. This allowed for a spacious master bath with double sinks and the ever-popular flip-feature, a Jacuzzi tub. According to Realtor, Dennis San Nicolas, “bathrooms and kitchens are usually [key selling points] because they cost the most to change.” The kitchen was completely gutted and a new, modern kitchen was installed, along with the added bonus of attractive stainless steel appliances which appeals to today’s market. A laundry area was added along with a half-bath downstairs. Upstairs, no changes were made to the sizes of the three bedrooms, but new air conditioning units, and clean, freshly painted walls make all the difference. There is also a multi-purpose room at the top of the stairway landing which is suited for a small library or recreation room. A doorway leads right out to an enormous balcony which almost completely wraps around the house. The balcony is enclosed in solid walls as opposed to railings for added safety and privacy. A November 2008 ◆ CasaGuam 11
Feature unique feature that was added in the renovation is a rain gutter system that draws water down through ducts that extend to the ground level—not something you see in homes on Guam very often. San Nicolas says that despite prices for single-family homes still being relatively high, “It is always a good time to buy real estate. [For investment properties] it’s usually how good of a deal can you get?” According to San Nicolas, there are many individual investors out there scouring the market for homes for flip-potential. Usually this means homes that are in foreclosure or ones that are in disrepair. How much can an investor make on one property? “It depends on the deal you get for the property, but a 20% return is good—anything above that is very good,” says San Nicolas. This Sinajana home is on the market for $368,000. With over $90,000 in renovations, this house is virtually brand new and ready for a family call “home.”
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Gearing Up to Sell? With so many homes currently for sale, it makes sense to do some legwork prior to putting a property on the market. New homes are always more appealing to buyers, but older homes don’t necessarily have to be pushed to the way side. A quality renovation can put an existing home back into the running. The scope of work can be scaled to your budget and can be a done with sweat equity or a contractor can be hired. If function is lacking, walls may be shifted, plumbing may be moved, and electrical work may be necessary. It may just be the aesthetics that need updating and some paint, new lighting fixtures, retiling and grouting may be just the trick. Both homes featured in this article are absolute showstoppers because of their renovations and definitely stand out from the crowd!
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From the Experts
Quick Tips for a Successful Open House By Clare Delgado
Clare Delgado Associate Broker Century 21Commonwealth Realty
Your house is on the market. Your REALTOR® has the property listed on the Multiple Listing Service (MLS), and you have yard signs advertising that your property is for sale. Your REALTOR® at this time will now encourage you to hold an Open House. But why have an Open House? Having an Open House is an excellent opportunity to showcase your property to potential buyers and get it sold quicker. When organizing an open house, here are some things to remember beforehand: •First Impressions are hard to break. Most homebuyers form an opinion about your home within seconds of seeing it for the first time. Remember to make your home the one the buyers remember by giving them a great first impression. •The curb appeal can also boost the chances of selling the home. Clear the sidewalks and front walkway of debris. If necessary, give it a clean sweep and remove weeds that may be growing between cracks.
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•Does your house look dull and dingy? Give it a quick face lift with a good old fashioned paint job or power wash. Walk through your home and make any necessary repairs. Clean the windows, both inside and out. Adding flowers can brighten the look of any home. •For the indoors, you can start out by setting your home’s fragrance, since it is the first sense they will encounter when entering your home. This is your opportunity to make a big statement in a small area. What you need to avoid is strong pet, cooking and tobacco odor. Having pleasant music playing in the background will also help set your stage. •Make sure the house smells good. Bake cookies or light fragrant (vanilla works) candles for a homey scent. Hide the kitty litter. •Clean and spruce up all rooms. Remove unnecessary clutter. Turn on as many lights as possible. Kitchens and bathrooms should be absolutely spotless. Remove excess appliances and make sure all major appliances are working. Potpourri and scented soaps add a nice fragrance to the air. •Carports and garages should also be clutter free. Since these areas can also been seen by buyers as potential additional storage, having it clean and organized will boost appearances.
•Have your REALTOR® invite other experts to participate in the open house. A loan officer from your favorite bank or an escrow officer from your favorite Escrow Company can assist buyers by answering any questions they may have regarding financing, and escrow. •Allow your REALTOR® to show the house. They know the house and will present your property to its best advantage. Also, buyers are usually more comfortable when the seller is not present. (Information courtesy: www.century 21.com) Your REALTOR® will also be able to provide you with additional tips and suggestions on getting your home ready to sell. So call your favorite Century 21 Commonwealth Realty agent today and make your open house a GOLD STANDARD success!
is located at: B-1 Tsai Building 119 South Marine Corps Drive Tamuning Guam 96913 Telephone (671) 649-2121 Facsimile (671) 646-5389 Cell Phone (671) 483-2120 email: claredelgado@yahoo.com Website: www.guam.com (click on the Real Estate Tab)
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Profile
Triple Threat:
Appraiser + Broker + Musician?
Rob Peryon Principal Broker The Ark Realty Consultants, LLC
ronically, the path that led Peryon into real estate started with a pair of drumsticks. Peryon’s passion for music and drumming in particular, started while he was still in diapers. After graduating from JFK High School, he attended Utah State, majoring in both music and business management, then returned to Guam and attended University of Guam. Peryon’s stint as a long-haired, starving musician in the ’80s was short-lived and he grabbed a newspaper to look for a “real job.” He stumbled upon an ad for a researcher with The Appraisal Desk. Peryon interviewed for the position and was hired soon after. The real estate market was starting to move on an upswing and Peryon was recruited to go out and perform actual appraisals. About a year later, he then moved to Charles D. Griffin & Associates Real Estate Appraisers as a Staff Appraiser.
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In 1988, Peryon joined Bank of Hawaii as Assistant Vice President, Senior Appraiser and Manager of the Appraisal Department. Requirements for appraisers were becoming more stringent and the bank sent Peryon to Hawaii to obtain his license. It was here that Peryon gained a tremendous amount of real estate experience, and he met his future business partner, Robert Prieto who was also an appraiser for Bank of Hawaii at the time. Prieto left the bank to open his own appraisal business and Peryon moved to Micronesian Appraisals to gain more experience. He knew ultimately that he’d like to work on his own and in 1995, he and Prieto formed Robert & Robert Associate Appraisers. Peryon was always interested in the possibilities of becoming a realtor; however, he felt there was a “narrow line between appraising and selling real estate.” He wanted to ensure that there were no conflicts of interest. When the appraisal industry set out clear guidelines called the Uniform Standards of Professional Appraisal Practice (USPAP), Peryon felt comfortable pursuing his agent’s license. He got his license in 2003 and worked for At Home Realty. In 2007, Peryon obtained his real estate brokers license and established Ark Realty Consultants. So how does one man run two businesses? With the help and support of family. Peryon’s wife Anne runs the office, his son Ken works as an appraiser, and the “other Robert” holds down the fort. Peryon’s goal for Ark Realty is to provide a full-service real estate company for his clients. Utilizing his extensive background in appraisal, he feels that he has the necessary qualifications to assist his clients establish the right price and
Rob Peryon Principal Broker The Ark Realty Consultants, LLC Family: Anne (wife), Ken (son) Education: Utah State University, areas of study in business management and music. University of Guam, areas of study in business management Band History: Groove Elements: 1980 to 1982 The Actors: 1982 to 1984 The Bends: 1986 to 1987 Rescue: 2006 to present Business Philosophy: "If I focus on helping people, my business will take care of itself."
value for their property. He has witnessed many sellers over and even under price their homes through the recommendation of their perspective Realtors which means the property ends up sitting on the market longer, or the property sells quickly, leaving the former owner with less profit. Despite reports of a downturn in the real estate market, Robert Peryon still has a steady flow of clients. That’s the way he likes it. His aspiration for Ark Realty Consultants is not be the largest realty company out there, but to have one that is manageable and effective. As the end of 2008 approaches, Peryon has some interesting developments in his personal and his business life. He is currently working on an album that he and his band will be recording soon. As for other business-related developments, these are off the record of course, so you’ll have to wait and see.
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Who Ya’ Gonna Call
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Classified Residential Sales NCS-Dededo Brand New House - 3bedroom/2.5 bath close to school stores and many more. Asking $265,000 Call Pioneer Realty at 649-8568/689-8038. MZ PB.
Paradise Estates - Brand new 3bed/2bath home with enclosed double carport, accordian typhoon shutters, central a/c, all new major appliances and ceramic tile flooring. Owner has started planting yard. PRICED REDUCED TO RENT. $2,100. Call Julie 688-0887
Tamuning
Piti
Pacific Tower Cond. - 3bdr./ l bath, fully renovated, pool, security, and appliances. Asking $95,000.00 Call Pioneer Realty at 649-8568/688-3121. MZ PB.
Nimitz Hill Estates - Nicely upgraded and renovated 3bed/2bath exec home with custom designer kitchen, top of the line appliances, water softner. Enlarged master br w/wall-wall closet plus walk in closet. Large separate family room. Close to Naval Hospital. PETS OK. Has side & rear gated fence. $2,400 Call Julie 688-0887
Tumon San Vitores Terrace 3 Bd/2 Ba 1st flr unit $240,000. Great location. walking distance to beach. Call Esther: 688-6787 elglenn@guam.net – www.islandrealtor.net Tumon Heights Court Cond. - 3 bdr./2 bath, close to the beach, hotel and shopping center. Asking $275,000.00. Call Pioneer Realty at 649-8568/689-8038. MZ PB.
Rental Properties Dededo For an extended family! 4bed/1ba house plus a concrete extension of 1bed/1ba. Newly renovated, in the heart of Dededo, close to everything. $2,000/month. Call Myrna 488-0144 Kaiser - 4bd/1ba, Newly upgraded with new tiles, kitchen cabinets new french windows, new paint, covered carport. Walking distance to schools, church grocery stores. Section 8 OK $1200 Call Scott Campbell 649-6088 3bd/2ba, covered carport, nice neighborhood, stove, refrigerator. Section 8 OK Asking $1,200 Call Scott Campbell 649-6088 Summer Palace – C Type Executive Home – 4 bdr./2.5 bath – Newly renovated – New kitchen – Pool – 24 Hr. Security - $2,900 Call Julie 688-0887 Ypaopao Est. Ph. II - Nicely fenced 3bdr./2.5bath home on corner of Bengbing Lane and Raven Way. House is completely tiled and has large yard. Perfect for pet owner. $1,700. Call Joy 689-7700
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Sinajana 3bd/2ba house, ceramic tile throughout Close to St. Jude Church, schools and minutes away from downtown Haganta. Section 8 OK Asking $1200 Call Scott Campbell 649-6088
Tamuning 4bed/3.5ba Centrally located in Perezville, Tamuning. A couple minutes away to GPO, church, schools and the hotels of Tumon. House is newly painted with elastomeric coating. Has master bedroom and a junior master bedroom. $2,200/month. Call Myrna 488-0144 2bd / 1 ba furnished. Includes power, water, cable & wireless internet. MILITARY WELCOME! $1,700 Call : Anita 688-5785 Oka Towers Condo-Newly renovated 3bd/2ba unit overlooking swimming pool and ocean New ceramic tiles floors, new kitchen cabinets w/granite counter tops, new bathroom floors and counter Freshly painted. Great amenites includes: 24-hour security, tennis courts, swimming pool, mail delivery playground area, back-up generator Asking $2400 Call Scott Campbell 649-6088 Grand Pacific Condo: 3bd/2ba, 2nd floor Appliances included, ceramic tiles throughout Centrally located in the heart of Tamuning. Minutes to GPO, restaurants, theaters and many more Section 8 OK Asking $1100 Call Scott Campbell 649-6088
OKA Towers 2 BR and 3BR available today. Also, exclusive executive rental available soon. Call Ron Ostern at Coral Sea Realty 727-4653.
Tumon San Vitores Terrace Condo-3bd/2ba, 3rd flr. Upgraded unit. Ready to move-in. stack washer/dryer,refrigerator, stove, water purifier, typhoon shutters, covered balcony, Partial oceanview. Walking distance to beach, shopping centers, restuarants/bars and more attractions. Asking $1850 Call Scott Campbell 649-6088 San Vitores Garden – Large 3 bdr./2 bath – Oceanview – 1st floor unit - $1,700 Call Julie 688-0887
Yigo 3 bed/2ba house close to school, church and AAFB . Quiet neighborhood. $1,500/month Call Myrna 488-0144. Upper Tumon 4bd/2ba, covered carport, spacious yard, new ceramic tiles, freshly painted, minutes away from Micronesian Mall and downtown Tumon. Section 8 OK Asking $1400 Call Scott Campbell 649-6088 Tumon Horizon Condo: 2bd/1ba, ground floor, water included. Complex has pool, security, mail delivery. Walking distance to downtown Tumon Asking $1,000 Call Scott Campbell 649-6088
Land For Sale Mangilao 3 Adjacent Lots On Eba Road R-1 Zone 1562 Sqm $80k Each. Close To Schools, Restaurants. Utilities Nearby. Call Cathi Beam 689-3492
Talofofo 1,876 s.m. Asking $79,000.00 Water & Power nearby Call Toni 482-4663
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Classified Upper Tumon Across Driving Range, Near Pia Marine R-1 8645sqm, Fenced $1.3m. Call Cathi Beam -689-3492
Dededo GOOD LOCATION: Located near St Paul School and Mid Pacific Warehouse on Acho Latte at end of straight road...until road curves. A Yellow fire hydrate is next to boundary. Also Concrete frame and flooring of former bldg remains on lot . Water,power,telephone and cable available. Most lots nearby have been improved with one or two homes. $100,000 Call Willie 689-3333
Yigo ½ acre property behind Yigo Payless water/power, level lot paved road Ready to build asking $85,000 David Properties 777-3007.
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Closing Message from the Executive Officer The Voice for Real Estate on Guam
Peggy Araullo Llagas
REALTOR SAFETY TIPS ON THE JOB Always make sure someone knows where you’re going and who you plan to meet there; including the client’s name and phone number. Always schedule first meetings with new clients in the office, verify their identity and introduce them to a challenge. Always keep a charged mobile phone with you, whether you’re in the office, on the road or at property showings.
AT HOME You should have a deadbolt lock with a full one-inch bolt on all entry doors to your home, and inside the door to your home office. Even with a regular telephone in your home office, keep a fully charged mobile phone with you at all times.
ON THE ROAD Make sure you know your route to and from each property you visit. When you’re alone getting into your vehicle, the first thing you should do is lock the doors.
Guam Association of Realtors®
The Voice for Real Estate on Guam 414 West Soledad Avenue, GCIC Building, Suite 500-U, Hagåtña, GU 96910 Office: (671) 477-4271 • Fax: (671) 477-4275
www.guamrealtors.com • email: eo@guamrealtors.com
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