Table of Contents Message From GAR
FEATURED HOUSES
The Look of Tomorrow...
CUSTOM DESIGN
Departments 6
Market Report Your comprehensive look at the trends of the real estate market.
10
Feature The Remodeling Bug Did you catch the renovation sensation?
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From the Experts Home Improvement 101 Profile Indu Shankar
The Guam Association of Realtors® has experienced phenomenal growth since 15 years ago, when I first became a member. From a small group of real estate professionals, the organization has grown - doubled, tripled, and quadrupled, and continued to grow in size. To date, we currently have 360 members and 15 affiliates and we look to see these numbers increase in 2009. And with this growth, the membership has greatly expanded in diversity from the backgrounds Realtors® bring with them, to the technologies that they use, and to the individual experience and expertise each brings to his and her profession. This Diversity is a strength - just as it is in our country - and as it brings with it new ideas, new conceptions of what the industry is and should be, it brings new challenges to the Association leadership to maintain a united and organized association in the face of changing needs amidst changing times. National Association of Realtors® President McMillian’s theme for 2009 is “United into the Future”, and I think that well define the basis of the Association goals this year as we work to unite the best of our diverse membership. GAR is blessed in 2009 to have a Board of Directors and Officers this year who have years of experience in Real Estate and with the Association business, and who have the stamina, the dedication, and the willingness to volunteer their valuable time and resources to the business issues of this professional organization. We are equally blessed to have the support of an outstanding slate of Committee Chairman and Chairwomen, who have stepped up to volunteer with zeal, some of whom bring prior experience on the Board and committees and others who are new to these positions and will bring with them new insights and new ideas. I encourage each of our members, if they have not already, to join one or more of these committees and to participate in our policies and the opportunities therein. This Association belongs to the members, and it is only with the active membership participation that it will reflect membership interests, and concerns, and by which GAR will be able to serve our member and the public’s needs.
In recent years, and most recently under the guidance of 2007 & 2008 GAR President Arnold Jose, the Guam Association of Realtors has moved forward with great momentum, making progress in accountability to its membership, in activism in the community, on providing assistance to needy, and in ensuring the ethics and integrity of our industry. In 2009 this progress will continue with an emphasis on: Technologies that will assist our membership and support staff to make our association more organized and our accounting more accessible, and our public web site (www.guamrealtors.com) more accessible, and; Professionalism and Service to our customers and community and make a concerted public effort to make the Realtor designation better known and to educate on the customer’s benefits of working with a Realtor, and; Work in conjunction with Affiliates and Sponsors to creating a direct benefit program for our members, and; National Association of Realtors policies and issues which will benefit our membership and our clients locally here on Guam, and; Opportunities in professional education. Returning Education Chair Liz Duenas has already opened the door to new nationally recognized certification classes not before available on-island, and everyone is encouraged to take advantage of this rare opportunity in the CRS classess scheduled for February 24th, and 25th, 2009. As the President of the Guam Association of Realtors for 2009 I am honored and thankful for the opportunity to be able to work on these issues, and I want to thank all the members for giving me this opportunity to serve. It’s with great pleasure that I will be able to work with the Realtors® that make up the Leadership Team 2009 who have generously and selflessly agreed to sacrifice their time and energy to meet the tasks at hand. I am thankful this year to have each one of them who have accepted the leadership duties, and am confident that we will all be well poised to meet the needs of our membership and our clients this year. Steffen Niu 2009 President Guam Association of REALTORS®
“Made For Real Estate”
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Who Ya Gonna Call?
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Classifieds
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Closing Guam Association of Realtors The 2009 Guam Association of Realtors’ Board
March 2009 • Vol. 2 • No. 3 CasaGuam is Published by:
Publisher Business Sales Manager Traffic/Circulation Manager Production Manager Production Assistant
Yellow Pages Ink Jay-R S. Dominguez Josie Redmond Mark S. Burke Lynda Young
Graphics & Layout Mark S. Burke Jon Barnhart
P.O. Box 24881 Barrigada, GU 96921 Tel: (671) 472-3495 | Fax: (671) 472-3498 email: office@yellowpagesink.com
Editorial Contributors Faye Varias W. Nicholas Captain Peggy Araullo Llagas
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
Forecast Optimistic W. Nicholas Captain Credit markets and liquidity problems have shaken investor confidence globally and although insulated from the housing crisis impacting many mainland markets, Guam has felt its share of tremors. Tremors have included the recently abandoned $20 million bond, aggressive lender actions, and massive contraction in real estate sales volume. According to Captain Real Estate Group statistics, Guam’s aggregate real estate sales volume during the 4th Quarter of 2008 reflected $64.7 million, or a decline of 52 percent from a year earlier. Accepting the decline as a direct result of strong performance or “irrational exuberance” in 2007 misses the point entirely. A closer look at the 4th Quarter of 2008 activity reveals that market contraction has increased at an increasing rate, which does not bode well for 2009. The most recent market activity reflects a notable lack of foreign investment. Credit markets, the collapse of overseas real estate funds, a strengthening US currency, a moratorium on development, increased development costs and other factors have combined to temporarily sideline foreign investors, while pushing others into a disposition mode. Overall, 2008 real estate sales volume reflected $368.9 million, a decline of 46 percent from 2007. However, during 2008, the median price of a single family dwelling increased by nearly 10 percent. Captain Real Estate’s revised projection for 2009 reflects additional shrinkage of 12 percent, or a total projected sales volume of approximately $325 million. “We expect market conditions
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to bottom out in the first half of 2009, creating a small window of opportunity for home buyers and investors. We expect the near-term recovery to be driven by extremely low interest rates combined with limited price declines.”
in 2007, and 9 percent in 2008. “The disconnect between real estate sales volume and pricing will impact 2009 market conditions,” predicts Captain. However, he added that the risk of any significant decline in pricing is mitigated by the military build-up and the typical investor profile,
“When it comes to Guam real estate, forget the location axiom,” says Captain, “On Guam, it’s military, military, military.” Continuity at the Department of Defense is a major reason that we expect a renewed interest in Guam real estate in the second half of 2009. A significant amount of Guam’s build-up planning (as well as its “Tip of the Spear” defense moniker) has occurred under Secretary of Defense Gate’s watch and his re-appointment was a reassuring move by President Obama. Obama’s plans to reinvigorate the economy through investments in infrastructure bode well for Guam, another reason we expect market conditions to improve in late 2009. “If the market bottoms-out in 2009 with $325 million in sales volume, that’s still more than double the activity reflected during the 20022004 downturn years.”
which is typically more conservative and long-term in nature. Guam is not the type of market you want to be locked out of. The projected surge in population and economic activity place Guam’s real estate market on a long-term growth trend and the eventual military build-up significantly reduces risk. However, price fluctuations will likely be driven by sellers in 2009, as market conditions will favor buyers with adequate cash and good credit. The sellers in Guam’s market have so far remained relatively strong and the number of distress deals will ultimately determine price direction. The window of opportunity may be small if military and/or economic stimulus news is positive by mid-2009.
“The prevailing sentiment that
the build-up will be delayed by one or two Projecting a market bottom when the median price of a single family house on Guam has increased by 87 percent since 2003 may seem contradictory. However, Guam’s residential market, for the most part, remains robust and healthy. “The market’s high, the market’s low, it’s all about perspective,” said Captain. Median price trends continue to oppose the hardest hit mainland markets where prices have fallen by 20 to 30 percent in 2008 alone. On Guam, the median price of a single family dwelling increased by 13 percent in 2006, 19 percent
years has already been built into the market, so if initial plans are met, market conditions could improve quickly. At this point, we are expecting a short shopping season and are acting accordingly. Anyone expecting to find 2004ish opportunities will be disappointed; there will be good buys in 2009, but we expect that these will be exceptions and not the new norm,” noted Captain. Buyers and sellers that discount the military and Obama’s investment in infrastructure and job growth do so at their peril.
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Feature
Most people would love to remodel their homes. Just take a look at the plethora of new shows dealing with fixing up rooms, houses and gardens by different do-it-yourselfers, including moms, strangers, or the famous Ty Pennington. Maybe you, too, have caught the bug. 10 CasaGuam â—† March 2009
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Feature It’s also a good idea to talk to a few homeowners about who they’ve worked with in the past. With Guam being a small place, word of mouth is key to finding individuals you can trust. Ask homeowners about their referrals and experiences regarding the following: • How accommodating is the contractor to changes? • Was the contractor timely? Did they show up regularly and was the homeowner updated about the work progress? • Was the pricing fair? • How is the contractor’s general attitude? Remember, price isn’t always a determination of quality. Before signing, compare the price differences and the amount of work each contractor provides. Be sure to give specific details to each contractor, down to materials, so that when comparing price, they all have the same basic framework to estimate.
Should I Just Do It Myself? While ultimately, DIY projects should keep expenses down, amateur mistakes can cause a lot of money, shooting your budget through the roof.
By Faye Varias
But before you start browsing through hardware stores and swiping your credit card, know that home-improvement projects hardly ever turn out exactly as planned — more so when remodeling an entire home. Understanding what goes into the remodeling process will help you avoid common problems and make it a lot easier in the long run, resulting in a remodel you’re happy with.
Ready, Set, Go! Go ahead, get dreaming. Start tearing out magazine pages of colors, materials and styles you like. Plan an idea and prioritize your needs. Figure out your budget, then cushion it with 30 percent more, just in case. www.CasaGuam.com
This keeps you insured if you make pricey changes. Start talking to banks to see how much you’re qualified to borrow. If you’re not a do-it-yourselfer, it’s best to go with a professional, whether that person be an architect, general contractor and/or designer. Present your ideas to him or her once you’ve decided on the scope and priorities of your project, then he or she will be able to help you focus on your goal and work out a feasible budget. As always, trust your gut. This is a person you’ll be working very closely with, so it’s important they are as enthusiastic about this project as you are.
Know yourself and what you’re capable of doing. Some jobs are better left to professionals. Ask yourself about three things—your time, your talents and your tools. When you do things yourself, you’re essentially giving up your spare time instead of money. Decide if your time is worth all the effort. It’s also important to be realistic about your skills. Yes, it may be a do-it-yourselfer, but you don’t want the project to look half-done. Lastly, renting special tools for special projects may cost just as much as if you had hired a professional, so think twice before diving in. Here are a couple projects most people can do themselves: • Painting: Almost anyone can paint— even with no experience. And all you need is a brush, roller, some masking tape, a paint tray, and of course, the paint. While it won’t look as smooth and polished as a professional’s job, your work should be acceptable with a little patience and practice. March 2009 ◆ CasaGuam 11
Feature
Tips from Around the Country • Stripping/Restaining/Refacing: If your cabinetry is varnished, stripping and refinishing can make them look new again. But be forewarned that it is still tedious and messy, and can subject your home to some strong, chemical fumes. Refacing cabinetry is also pretty easy, if you want to change the look of your cabinets, but the structure itself is still sound. Consider veneers or even replacing just the doors and drawer fronts.
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• You’re set on having a granite countertop. They’re popular, yet pricey. But maybe, you can get a deal on one that no one wants. Check around for slabs with blemishes or flaws that you can deal with. After all, aren’t flaws the beauty of natural stone?
• Before you think about installing expensive recessed lighting, or up-lights, in your home, check out this idea: a homeowner took regular external gutters, painted them, mounted them to her wall and put in fluorescent lights. They work just like any expensive up-lighting systems, but they cost just $50.
• Custom cabinetry. Just the word “custom” already starts draining the bank account. One homeowner decided to salvage school lockers instead of using cabinets and you too can use something different and fitting to your personality. Never discredit the saying “one person’s trash is another person’s treasure.”
Professional Help Required
can do, you should know your way around
Unless you possess a lot of skills around the house, avoid taking on jobs that may be dangerous, especially difficult, or where a mistake can be expensive to fix. Some jobs simply are not worth the risk. For instance, think twice before doing:
electricity. Bad electrical work can kill you.
• Electrical work While some stores say simple electrical work is something anyone
to the pros unless you are quite experienced
• Plumbing behind walls or under the house. You can probably replace a sink or faucet, but leave any work behind the valve in plumbing work.
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Feature • Roofing: Even experienced roofers fall off roofs. If you decide to do it anyway, wear a fall protection harness, available from any roofing supplier, and tie down your ladder. • Laborious work: For example, pouring a new concrete floor requiring heavy-duty tools. Even if you can rent them, you are not an experienced operator and could do harm to yourself and your house. This includes wall demolition and any work where there could be hidden mysteries behind the walls. If the renovation is something you have not done before, then before you try to do it yourself, learn as much about it as you can.
Wrap It Up In the end, whether you can tackle a renovation project yourself depends on your own good judgment. If you have the time, skills and tools to do something, great! If you don’t, play it safe and do research prior. Have a Plan A, B and C, comply with building permit requirements and enjoy it. You’re building toward your future, it should be fun.
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From the Experts
Home Improvement 101 By Jeffrey David
Jeffrey David REALTOR®, Century 21 Commonwealth Realty
hhere do I begin? Most homeowners eager to improve their homes face this tough question. And although many started their home improvement campaigns with the right intentions and enthusiasm, many ended up being unhappy with the results. Investing in your home is no doubt an exacting challenge. But with the help of an expert, this task can be easily handled. The home is a good reflection of the people who reside on it. Hence, the impetus to improve one’s home is something personal. It is more than aesthetics, utility, amenities and convenience. It is about image - the home as the portrait of its owner. It is a statement. And such a valuable undertaking deserves only the best attention. There is no room for trial and error tests and repeated experimentations. Fortunately, there are professional people whose job is to conceptualize and implement home improvement endeavors. In the world of home improvements, both the interior and the exterior of a
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home are given equal importance. The color of the house, the perimeter fence, the lawn and the garden, the kitchen, the bedrooms, furniture and fixtures, the bathrooms, the laundry area, the ceiling and the roof, among others, are all crucial elements that must be attended to. Everything from the external appeal to the interior, from plumbing to ventilation, from home appliances to lighting - everything must be accounted for. And all these renovation and improvement must be anchored on a given timeframe and budget. And, above all, they must be tailor made to suit the particular preferences and
requirements of the homeowner. Indeed, it pays to consult an expert in your home improvement. Jeffrey David is a licensed real estate agent, REALTOR®, at Century 21 Commonwealth Realty. He is also managing ORAMISMO Money Transfer, a family-owned enterprise engaged in the business of sending money to the Philippines since 1971. Jeff is also an active member of the Lions Clubs International, the world’s largest volunteer service organization. He can be reached at jeffdavidrealtor@yahoo.com or by mobile phone at 788-4472.
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“
Profile
Made for Real Estate
”
By Faye Varias
CasaGuam consistently provides its readers with updated, quality information about real estate. It is a great avenue for us realtors to showcase our properties and for potential investors to find what they are looking for.
Indu Shankar REALTOR® Coral Sea Realty
hough she received her bachelor's degree in hotel management, for 36-yearold Indu Shankar, entering the real estate industry came almost naturally. "I started off in real estate in the year 1999, helping my husband," she says. Indu's husband, an architect by education, developed custom-designed homes through construction loans. She said he created packages that were offered to customers, which included a newly constructed home, designed to the customer's specifications and requirements. The packages were also tailored to fit into their budgets as prequalified by the banks. "This was a very unique package," says Indu. "No one offered anything like this." She says the process was extensive, involving several steps, from prequalifying the customer, helping them find land,
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designing the house and then finding a contractor who would build the house on a budget. Most of all, she says she walked first-time buyers through the entire process. "In the end, it was a very satisfying experience, both for us and our customers." Indu adds that their customers did not have to accept the homes that are already built, because this was a way for them to get the home of their dreams while working within their budget. This experience helped Indu gain knowledge about the real estate industry as she worked with several banks, title companies, appraisers, surveyors, contractors and Realtors. When she received her real estate license, she was already very familiar with the industry. For her, every real estate transaction has been a different experience. "Every single real estate transaction I have done has been unique in its own right and some, quite challenging," she says. "In fact, this whole time I have spent in real estate has been memorable, without a single dull moment."
“I have a commitment to provide the best Real Estate Service to my customers – be it a buyer or seller!” says Indu. Which is why she has many repeat customers and referrals. Over the years she says she has met many wonderful people who not only continue to work with her as a Realtor but have also become good friends. One thing she says is a common misconception is that many people enter the real estate industry thinking it is easy. "A career in the real estate industry is just as any other. To succeed, you have to work hard, be knowledgeable and, most of all, be committed to your profession and your customers." She advises potential home buyers and sellers that it's always better to work with a professional, with any service you choose. "If you intend to buy, sell or lease real estate on Guam, always work with a knowledgeable Realtor, who will guide you right and always look out for your best interest." Indu was awarded the top producer award at Coral Sea Realty for the last three years. She is married to Sudhakar and they have a 7-year-old daughter, Nithya.
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Who Ya’ Gonna Call
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Classified Commercial Sales
Chalan Pago (Cont)
Tumon
Hågatña
Price Reduced! Beautifully centrally located home with lots of patio space, outside kitchen area, and large master bedroom, The exterior of the home was just repainted on 11/30/08 $325,000 Call Frank @ 689-6576 or 300-8130
VILLA DE COCO : Large 2bd/1ba excellent condition fee simple $220,000 Call 637-7165 / 688-0887 /689-7700
This 4 bedroom, 3 bathroom home belongs in the House and Garden Magazine – offering a designer’s touch! This spacious 2,535 sq. ft. floor plan is ready for YOU to call it HOME! It’s a must see! $449,000 Call Colleen @ 727-6902 or 479-6902
Yigo
Building has lots of potential, located on Marine Drive, Second floor is a four unit apartment. Call agent for more info. $850,000 Call Del 483-7380
Tamuning GOLDEN MOTEL – With 26 rooms, well established and maintained motel in the heart of TAMUNING. Good investment opportunity. $2.1 Million Call Christina @ 888-8626
Commercial Rentals Tamuning Great value for Marine Drive frontage. Building has 100% back up generator. $5625/mo - $7200/mo Call Toni 687-8714 Commerical Building - Across Oka Payless, 1800 square feet 2nd floor unit. Great location! $3,000/mo Call Daniel @ 687-5115 Ready build restaurant and bar with all the necessary equipment and large parking space. $2,500/mo Call Frank @ 689-6576 or 300-8130
Residential Sales Agat 4BR, 3BA, 2400ST $189,000 Call Jackie @ 777-3517 or 479-8846 5BR, 2BA, 2000ST Duplex $250,000 Call Jackie @ 777-3517 or 479-8846
Barrigada Brand new 4 bedroom, 2 bathroom house, centrally located. House includes split A/C units, typhoon shutters partial fencing and sidewalks $325,000 Call Colleen @ 727-6902 or 479-6902 3 bed, 1 bath foreclosed home in Barrigada. This home has a carport, covered porch, laundry room, double door entrance, sunken living room, 1,215 square meters of land and 1, 414 square feet of living area. (The grass lot size is 1,794 sqare meters, but 579 was given for easement) $193,000 Call Colleen @ 727-6902 or 479-6902
Chalan Pago Live in centrally located home in a quiet, friendly neighborhood. This could be the home of your dreams! Call now! $200,000 Call Greg 777-6441 26 CasaGuam ◆ March 2009
Dededo SUMMER PALACE ; Townhouse 3bd/2.5ba, pool, tennis, 24hr. sec $266,500.00 Call 637-7165 / 688-0887 /689-7700 Summer Palace – Live the gated community at Summer Palace! Enjoy community features such as a pool, 24 hour security, tennis court, and children playgrounds. Shopping and dining are minutes away. $405,000 Call Vic 483-7518 Paradise Estates – 4BR/3BA Well maintained home. Beautiful neighborhood. $310,000 Call Avery @ 988-5263
3bd/2ba Renovated fee simple Only $150,000 Call 637-7165 / 688-0887 /689-7700
Goring Villa - Live in a gated community that is well kept and maintained complex. Newly installed kitchen cabinets, floor tiles for bedroom, just a short distance to shopping and dining. $145,000 Call James Ma @ 482-0498 Two homes for a price of one! Semi-concrete home with 4 bedrooms & 2 baths and full concrete home with 2 bedrooms in the back. Home has lots of potential for future expansion. $190,000 Call Lourdes @ 483-1384 Perez Acres – Great gated community living with mail delivery, sidewalks, two pools, basketball court and cabanas. Patio enclosed and was used as an office. Unit is tiled and has beautiful wooden stairs. $235,000 Call Judy 482-7775
Maite
Upgraded 3BR/2.5BA home. Spacious ranch style home is a must see! PRICE REDUCED! $375,000 Call Louisa @727-8400
Agana Oceanview Condo – 3BR/2BA, 3rd floor unit, high ceiling, & spacious. $195,000 Call Trini @ 687-8340
2 homes on 1 lot! 2BR/1BA each house. Great investment opportunity! $350,000 Call Louisa @727-8400
Mangilao Behind Latte Heights Market 2bd/2ba halfacre lot, fenced, good location $249,500 Call 637-7165 / 688-0887 /689-7700
Talofofo 3BR/2BA on quarter acre lot. Safe and quiet neighborhood. Make an offer! Price reduced $205,000 Call Trini @ 687-8340
Tamuning Asusentado Condo : Large 3bd/2ba, pool excellent condition $240,000 Call 637-7165 / 688-0887 /689-7700 Standard Group Condo – Spacious condo in the heart of Tamuning. $149,000 Call Hana @ 777-3660 or 300-8131 Dai-Ichi condo. The only 2bed 2 bath unit in this building. Excellent condition! FEE SIMPLE. Convenient location 1st floor unit. Owner has completely renovated this unit. Call to schedule a showing TODAY! $173,000 Call Hana @ 777-3660 or 300-8131
3BR/2BA Only 3 years old with double carport, typhoon shutters, fenced and gated, Very close to AAFB. Freshly painted. $235,000 Call Trini @ 687-8340 3BR/1BA Good starter home on 823 sm lot. Good location $149,000 Call Daniel @ 687-5115 Great home for a first time Home Buyer! Affordable 2B 1.5 Bath home located near Andersen Air Force Base. House sits on a beautiful half acre lot with fruit bearing trees. Enjoy barbecues with the family in the back patio. This will not last long! Call for a showing. $149,000 Call Joylyn @ 483-5069 or 300-8132
Yona Windward Hills Estates – 4BR/2.5BA Spacious home with bonus room on back side of home. PRICE REDUCED. $225,000 Call Louisa @727-8400 Windward Hills Estates P2 – 4BR/3BA Beautiful home with gorgeous view! $295,000 Call Avery @ 988-5263 www.CasaGuam.com
Classified Cross Island Road, Yona. 6BR, 4BA, 1672SM, nice neighborhood $295,000 Call Jackie @ 777-3517 or 479-8846
Residential Rentals Barrigada Heights Luxury new house, 4500 sqft, gated, panoramic view $6000/m Call 637-7165 / 688-0887 /689-7700
Chalan Pago - Ordot 4bd/2ba 1850 sqft . renovated quiet & very clean house $1,900 Call 637-7165 / 688-0887 /689-7700
Dededo Totally renovated, large 5bd/3ba, ample parking,gated $2,500/mo Call 637-7165 / 688-0887 /689-7700 LAS PALMAS I –3bd/2.5ba excellent cond, pool, security, tennis $220.000 all 637-7165 / 688-0887 /689-7700 LAS PALMAS PH III 3bd/2.5ba + 2 dens excellent condition, sec., pool $1,700 Call 637-7165 / 688-0887 /689-7700 Large 2bd/2ba w&d, shutters, nice, near schools sec 8 ok $800 - $830 all 637-7165 / 688-0887 /689-7700 SUMMER PALACE : 2 Exec Home 4bd/2.5ba, renovated, pool, tennis, 24-hr security $2,200 & $2300 Call 637-7165/688-0887/689-7700 Ypaopao Estates – upgraded 3BR/2BA home, fully fenced. Good neighborhood. $1,900/mo Call Christina @ 888-8626
Santa Rita
Land For Sale
3 bedroom, 2 bathroom, corner lot home in Santa Rita. This home is approximately 5 minutes from Naval Station, schools and stores and comes with refrigerator, stove with oven, air conditioners , inside laundry room and carport. $1,700 Call Joylyn @ 483-5069 or 300-8132
Barrigada
Talofofo Ever dreamed of having the beach in your back yard and hearing the ocean? Now is your chance! Enjoy this 3B 2B 2400ST home in a quiet neighborhood that is walking distance form the beach and is minutes away from Naval Station. This home has a great yard space for the kids to play in and run around in. Home is currently occupied by tenants and will be available mid Fen. 09’ $2,800/mo Call Joylyn @ 483-5069 or 300-8132 3br, 2ba duplex with a feel of a single family home. Serene, private and the beach is just down the hill. All appliances include gas stove/oven and washer/dryer indoors! Tropical fruit is included. You will enjoy your weekends at home $1,500/mo Call Teri @ 727-3577 or 479-8881
Tamuning Large 3bd/2ba excellent condition $1,700/mo Call 637-7165 / 688-0887 /689-7700 Large 3bd/2ba Condo, fully furnished $1,600/mo Call 637-7165 / 688-0887 /689-7700 Upgraded 3BR/2BA. Great location! Fully fenced. $2,200 Call Christina @ 888-8626
Large lot with utilities in the area. Lot is 3,129 square meters and is waiting for you to build your dream home. $190,515 Call Jesse 688-4885
Chalan Pago If you’re looking for something central, yet private enough to enjoy the peace and quiet of that getaway place, this is the lot you’ve been looking for. This half acre lot is nicely tucked away on the hill top of a quiet street, fronted by only two other homes. It’s just that spot to build the house you’ll enjoy coming home to every day! $125,000 Call Noemi @ 727-0700 or 479-8839 Located just one lot off of the main road, this cleared and level lot is a rare piece to find. With utilities close by and almost a half acre of land, building your dream home can now becomes a reality. Don’t delay, call to preview it now! Potential oceanview from a 2nd floor level! $185,000 Call Noemi @ 727-0700 or 479-8839 Ready to build lot in Chalan Pago. Lot has been cleared and has a paved road to the property. $75,000 Call Frank @ 689-6576 or 300-8130 Utilities nearby. Right along Rt. 4 next to Shell Gas Station. $198,000 Call Hana @ 777-3660 or 300-8131 Quarter acre lot centrally located. $45,000 Call Colleen @ 727-6902 or 479-6902
Peaceful living at the end of a quiet street. Complex is convenient to northern military bases and schools. 2 FULL baths wit marble tied flors. $800/mo Call Teri @ 727-3577 or 479-8881
Beautiful beach front condo with 100% back up generator and back up water supply. $2,700/mo Call Hana @ 777-3660 or 300-8131
Yigo
RT. 16 ACHO LATTE ST. Near MIDPAC, 1,970 ± sm land $100,000 Call 637-7165 / 688-0887 /689-7700
Harmon
3BR/ 2BA Nice floor plan with 3 tiled patios, 2 carport and baywindows. Large fenced yard. Near Takan Subd. $1,500/mo Call Trini @ 687-8340
Machanao – 2,200sm lot. Good for personal ranch. Seller financing avail. $49,500 Call Rekha @ 687-8052
Duplex R2 Lot 3bd/2ba & 2bd/1ba excellent condition, good location $367,000 Call 637-7165 / 688-0887 /689-7700
Inarajan BR/2BA – Safe neighborhood, 3 min walk to beach. $1,700/mo Call Avery @ 988-5263
Piti Oceanview Executive home, large 3bd/2ba & large family room, very nice $2,200 Call 637-7165 / 688-0887 /689-7700 www.CasaGuam.com
Marianas Terrace – 4BR/2.5BA very comfortable home on a quiet culdesac $1,900/mo Call Daniel @ 687-5115 Perez Acres – 3BR/1.5BA with bonus STUDIO unit. Great place to live! $1,900/mo Call Daniel @ 687-5115
Yona 3BR/2BA, very good condition, S8 OK. $1,200/mo Call Jackie @ 777-3517 or 479-8846
Dededo
Hagåtña Over 620sq meters on a quiet street in Hagatna. Location is near Julale Shopping Center and the GCIC building. $145,000 Call Teri @ 727-3577 or 479-8881
Piti ½ acre lot, R-2 Zone Breath taking views! Many executive homes in the neighborhood. $500,000 Call Rekha @ 687-8052 March 2009 ◆ CasaGuam 27
Closing Message from the Executive Officer The Voice for Real Estate on Guam
The 2009 Guam Association of Realtors Board The Guam Association of REALTORS® has been active on Guam for 36th years. We have recently held our Inaugural celebration installing the 2009 leadership of the Association. Indeed, a fantastic gathering of REALTORS® on Guam. It is with distinct pleasure that I officially announce an outstanding group of professionals as our 2009 REALTOR® Association Leadership team: ~ OFFICERS ~ Mr. Steffen T. Niu, 2009 GAR President Mr. Christopher K. Felix, President Elect Mr. Arnold C. Jose, Immediate Past President Ms. Nenita Muna, Vice President Ms. Bree McDowell, Treasurer Ms. Theresa Untalan, Secretary ~ DIRECTORS ~ Mr. Scott Campbell Mr. Elmore Cotton Ms. Clare Delgado Ms. Elizabeth Duenas Mr. Anthony Godwin Mr. Tommy Godwin Ms. Dianne Licanto Lee ~ COMMITTEE CHAIRPERSON ~ Ms. Vicki L. Anderson-Estes, REALTORS® Protection Ms. Evangeline D. Araullo, Sponsorship Ms. Evelyn San Gil Burke, Military Affairs Ms. Loisa Cabuhat, Community Affairs Mr. Elmore Cotton, Professional Standards and Broker’s Forum Mr. Ryan De Guzman, Public Relations Ms. Clare Delgado, Membership Ms. Elizabeth Duenas, Education, RPAC and FPC Ms. Marilou Lacson, Legislative Ms. Nenita Muna, Technology Ms. Jackie Perez, MLS Mr. Frank San Agustin, Jr., Grievance Mr. Frederick Horecky, Board Legal Advisor
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 28 CasaGuam ◆ March 2009
www.CasaGuam.com