CasaGuam Vol. 3 Issue 7 by Yellow Pages Ink

CONTENTS

Back Cover

Departments 6

Market Report Transaction Recovery Stalls Amid Build-Up Confusion

Feature Top Five Mistakes a Home Buyer Makes July 2010 • Vol. 3 • No. 7 when you buy your home.

From the Experts Title Insurance and Escrow Profile Duane Pahl Sharing the Experience

P.O. Box 24881 Barrigada, GU 96921 Tel: (671) 472-3495 | Fax: (671) 472-3498 email: office@yellowpagesink.com

|Publisher| Julian T. Cooper-Nurse

|Business Sales Manager| Jay-R S. Dominguez

|Advertising/Sales| Carl Perez

How To D.I.Y. The Dos and Dont’s of Lawn Care

|Traffic/Circulation Manager| Josie Redmond

|Production Manager| Mark S. Burke

Curb Appeal How Porch Awnings Can Save You Money Who Ya Gonna Call?

Classifieds

Closing Guam Association of Realtors®

Message from the President By Christopher Felix CPM,CIPS,CCIM

Be mindful of these no-nos

Message From GAR

|Production Assistant| Lynda Young

|Graphics & Layout| Mark S. Burke • Jon Barnhart

|Editorial Contributors| Faye Varias Creative Services Christopher Felix Janiece A. Sablan W. Nicholas Captain Peggy Araullo Llagas Cover Photo: Mark S. Burke

REALTORS® Political Action Commitee CasaGuam is Published by:

just got back from attending some meetings in the states both in California and New York. As I said in some of my earlier articles — I am glad I live in GUAM! Things here are so much better than in the places I visited. In California there are so many foreclosures and bank “short sales” (a short sale is when the bank allows the owner to sell the house below the mortgage amount and agrees to forgive the difference). Most short sales take over nine months and many fall apart during the contract period. One complex I visited has over 25 percent of the units in or near default. It is so bad that some condominiums cannot support their common area fees because so many units are not paying their monthly maintenance fees. In New York the main problem is rental housing rates. Even though the real estate sales have slowed down the rental rates remain very high. I talked to some renters who are paying over $2,500 a month for a small two bedroom unit in a very old building in a tenement complex (very low end rentals). Our taxi driver told me that he rents just a room from a homeowner and pays over $600 a month just for a bedroom and shared bathroom. It’s nice to come back home to real estate market that may be soft, but still surviving and rentals that start around $500 a month. You can still buy condominium units well under $100,000 and houses under $150,000!! They may not be in the best locations or in the best condition but they are livable and rentable. I still think the reason we are not hurting as bad as in the states is because of our proposed military buildup. When I talk about the plans for the build up and the economic impact that will happen over the next seven + years – you should see the envy and excitement that others show me. I agree that this relocation and build up will cause some problems but I am sure we can work them out and come out of this better and stronger than ever!!

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 Looking for something in particular? See the listings index below to point you in the direction of a listing in this real estate guide that’s right for you. Simply look up the village, type of home or apartment and see the ad on the corresponding page number. Happy Home Hunting!

Business Opportunity

BHI Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .8 Century 21 Commonweath Realty . . . . . . .9,14 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC

Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 BHI Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .8 Century 21 Commonweath Realty . . . . . . . . .15

Century 21 Realty Management . . . . . . . . . .IFC BHI Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 Century 21 Commonweath Realty . . . . . . . . .14

Commerical For Lease

Hagåtña Mangilao BHI Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .8 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC

Century 21 Commonweath Realty . . . . . . . . .14

Land For Sale Agana Heights Century 21 Commonweath Realty . . . . . . . . .15

Agat

Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC

Century 21 Commonweath Realty . . . . . .12,15

Harmon

Asan

BHI Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7

Century 21 Commonweath Realty . . . . . . . . .15

Inarajan

Barrigada

Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5

Century 21 Commonweath Realty . . . . . . . . .15

RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC

Mangilao

Dededo

RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC

Century 21 Commonweath Realty . . . . . . . . .14 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC

Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 BHI Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 Century 21 Commonweath Realty . . . . . . . . .15

Ordot-Chalan Pago Barrigada

BC - Back Cover

Dededo

Tamuning

IFC - Inside Front Cover

RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC

Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .8 Century 21 Commonweath Realty . . . . . . . . .14 Century 21 Realty Management . . . . . . . . . .IFC Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .8

IBC - Inside Back Cover

Barrigada

Dededo

FC - Front Cover

Piti

Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC

Dededo

Century 21 Commonweath Realty . . . . . . . . .15

Mongmong-Toto-Maite

Inarajan

E.C. Development Group, LLC . . . . . . . . . . . . . . .7 Century 21 Commonweath Realty . . . . . . . . .14

Sinajana

Century 21 Realty Management . . . . . . . . . .IFC Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .4 Century 21 Commonweath Realty . . . . . . . . .14 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC

Alliance Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5

Ordot-Chalan Pago

Merizo

Century 21 Realty Management . . . . . . . . . .IFC Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5

Alliance Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5

Century 21 Commonweath Realty . . . . . . . . .15

Hagåtña E.C. Development Group, LLC . . . . . . . . . . . . . . .7 Alliance Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8 Century 21 Commonweath Realty . . . . . . . . .14

Talofofo BHI Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 Century 21 Commonweath Realty . . . . . . . . .15 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC

Harmon Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 Alliance Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8

Tamuning

Tumon

BHI Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 Alliance Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8 Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .8 Century 21 Commonweath Realty . . . . . .12,15 Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC

Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .8

Tumon

Tamuning Century 21 Commonweath Realty . . . . . . . . .14

Umatac Alliance Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5

Commercial For Sale Mongmong-Toto-Maite Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC

Tamuning Century 21 Commonweath Realty . . . . . . . . .14

Multi-Family For Sale Hagåtña Century 21 Commonweath Realty . . . . . . . . .15

Tamuning Century 21 Commonweath Realty . . . . . .12,15

Residential For Rent

Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC

Mangilao Century 21 Commonweath Realty . . . . . . . . .15 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC

Century 21 Commonweath Realty . . . . . . . . .15

Mongmong-Toto-Maite Alliance Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5

Ordot-Chalan Pago

Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .3 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC

Century 21 Realty Management . . . . . . . . . .IFC Alliance Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .5,8 Century 21 Commonweath Realty . . . . . . . . .15 Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC

Talofofo

Piti

Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .3

Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 Century 21 Commonweath Realty . . . . . .12,15 Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC

Yigo

BHI Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7

Century 21 Realty Management . . . . . . . . . .IFC Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 Alliance Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8 Century 21 Commonweath Realty . . . . . . . . .15 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC

Tamuning Century 21 Realty Management . . . . . . . . . .IFC Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . .3,8 Century 21 Commonweath Realty . . . . . .12,14

Santa Rita

Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC

Century 21 Commonweath Realty . . . . . . . . .15

Yona

Alliance Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5

Talofofo

Tumon

Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC

Century 21 Realty Management . . . . . . . . . .IFC Century 21 Commonweath Realty . . . . . . . . .14

Tamuning

Agana Heights

Yigo

Tumon

Century 21 Commonweath Realty . . . . . . . . .14

Century 21 Realty Management . . . . . . . . . .IFC Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .8 Century 21 Commonweath Realty . . . . . . . . .14 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC

Century 21 Commonweath Realty . . . . . . . . .15

Residential For Sale

Agat

Agat Century 21 Commonweath Realty . . . . . . . . .15

Barrigada

Asan

Century 21 Realty Management . . . . . . . . . .IFC BHI Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 Century 21 Commonweath Realty . . . . . .12,14 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC

2 CasaGuam July 2010

Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .3

Century 21 Realty Management . . . . . . . . . .IFC Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 Century 21 Commonweath Realty . . . . . .12,15 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC

Century 21 Commonweath Realty . . . . . . . . .14 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC

Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 BHI Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC

Santa Rita

Sinajana

Ordot-Chalan Pago Century 21 Commonweath Realty . . . . . . . . .15

RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC

Century 21 Commonweath Realty . . . . . . . . .15

Yona Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 BHI Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC

Century 21 Commonweath Realty . . . . . .12,15

Yigo Alliance Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .5,8 BHI Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 Century 21 Commonweath Realty . . . . . . . . .15 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC

Yona BHI Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 Century 21 Commonweath Realty . . . . . . . . .15

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4 CasaGuam July 2010

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Market Repor t

Transaction Recovery Stalls Amid Build-Up Confusion

By Nick Captain

fter three consecutive quarters of strong growth in sales volume, Guam's real estate market stalled during the first quarter of 2010. The most recent quarter reflected $63.7 million in activity, down 28 percent from the prior quarter, but up 76 percent compared to the global financial crisis-impacted first quarter of 2009. The stalled recovery is partially attributable to the on-going confusion and mixed signals from Japan regarding the military build-up. In the residential sector, the 135 single family units sold last quarter involves the second slowest quarterly activity in six years, and down by 17 percent compared with the prior quarter. However, based on historical trends, Captain Real Estate projects 20 percent growth for next quarter, or a more stabilized level of 162 units sold. Although transaction activity has declined, prices have remained relatively firm with the median house price of $221,000 reflecting the third highest average on record. The highend market reflected additional positive results with seven houses sold at prices above $500,000. A combination of more units sold and fewer units for sale reduced the high-end market inventory to 1.2 years, still relatively high, but the lowest high-end inventory statistic in years. Condominium unit sales activity also reflected mixed results with 48 units sold during the first quarter of 2010, approximating units sold last quarter, but up 19 percent from a year earlier. This sector recorded its fourth consecutive quarter of growth since the market bottomed in Q1 09. The 6 CasaGuam July 2010

condominium median price of $135,500 is effectively unchanged compared with the first quarters of 2006 and 2009. The high end condominium sector reflected additional positive momentum as 5 units sold at prices above $400,000. The commercial sector of Guam's real estate market remains extremely slow with only three recorded sales during the past quarter reflecting $2.3 million in aggregate transaction activity including zero sales of multi-family residential properties. This sector is dominated by a wait and see mindset with most investors optimistic regarding future market conditions. Land sales during the quarter were positively impacted by the massive

GWA connection fees that developers and owner-occupants rushed to beat. The negative impacts of these fees, which significantly increase the cost of homeownership, are likely to impact future statistics. Along with the dearth in commercial sales, commercial real estate lending plummeted in Q1 10. In a rare example of prevailing forces in this sector, First Commercial Bank earned 1st place with a $2.35 million deal with Six D Enterprises. 2nd place went to Bank Pacific with a $1.6 million deal and Bank of Guam recorded a $1.5 million mortgage. Other lenders with $1.0+ million real estate loans closed in the first quarter include First Hawaiian Bank, Coast

360, Community First, and ANZ. Overall real estate market conditions are improving and our projection of 25 percent growth in sales for 2010 remains unchanged; however, potentially massive infusions of foreign investment could impact final figures. Increased government fees and an end to the first time homebuyer tax credit are expected to negatively impact the residential sector although the recovery in the high-end sector is expected to continue along with demand growth from the first wave of military build-up related personnel. The commercial sector will likely remain soft until economic growth spurs increases in rent and occupancy levels.

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8 CasaGuam July 2010

CasaGuam.com 9

Feature

Compiled by Alex Salazar

10 CasaGuam July 2010

Feature

Source: E-Zine Articles

Be mindful of these no-nos when you buy your home CasaGuam.com 11

Feature

rofessional real estate inspectors get to see and hear the right and wrong things people do when buying a home. These five tips will help you choose the right real estate agent the first time to avoid unnecessary stress.

Mistake #1: Not using an agent at all or using the Multiple Listing Service (MLS) as your “agent.” By law, the listing agent is required to keep the seller’s best interest at stake, so it’s important to be mindful of yours. If you choose wisely, you can put a trained real estate professional on your side for free! A true buyer’s agent can help you negotiate a contract, fly through the mountain of paperwork, help you find the right home and help you schedule the needed inspections and appointments necessary when you do find your dream home.

Mistake #2: Relying on the home inspector your agent recommends. While many people are generally honest when it comes to inspections, agents do have a financial stake in seeing the deal go through. Why risk the conflict of interest by solely relying on their choice of inspectors? With a little research, you can find your own home inspector who will have your best interest at stake.

Mistake #3: Putting up “non-refundable” earnest money. This is like giving the sellers a check and saying, “Here, you keep this. Even if we don’t buy your home, you can keep our money.” Some sellers request upward of $20,000 non-refundable earnest money. Don’t do it. Stick with the standard refundable earnest check.

Mistake #4: Falling in love with the home. The one group of consumers that get easily taken advantage of the most are those that “fall in love” with a home. They will accept any terms set by a seller. They will buy the home and tell themselves, “It just needs a little work, I can do that myself,” even though they have never picked up a hammer in their lives. They let their “love” cloud their vision and judgement and end up paying hefty sum.

Mistake #5: Buying more home than what they can afford. There is a rule of thumb that says you should not buy a home that cost you more per month than 20 to 25 percent of your take home pay. Hardly anyone follows that rule of thumb today. Instead, many consumers end up buying homes that take a large part of their monthly income. This leaves little room in their finances for emergencies, furniture, vacations, investing and other expenses. With the relaxed lending requirements, people are buying way more home than what they can realistically afford. If you go down this road, chances are that you’ll grow to hate this home. You should own a home, the home should not own you.

12 CasaGuam July 2010

Feature Making the Decision

5. Know the difference between rate and points.

Choosing to become a homeowner is a big decision, but an extremely satisfying one if you have all your ducks in a row. If you think you want to buy a home, consider these factors:

For those choosing a mortgage, they often have the choice of paying a part of the interest which is usually paid at closing, at the beginning. This will allow for them to have a lower interest rate. For those staying in a house for a long time (three or more years), the points option is usually best, as it will save you money over time.

1. Only buy if you are going to stay in put for a while. If you think, or know, that you will not be staying in that house for more than a year or two, buying a house is a waste of time. Buying and selling a house costs money, and in the end, you will probably lose money. Buying a house is best for those who will in place for a while, thus giving the houses value to rise.

2. Fix up your credit score. For most people, buying a house requires getting a mortgage. Getting a mortgage requires having a good credit score. Prior to buying a house, review your credit report and be sure that all is correct. If you find any mistakes, have these sorted out before trying to get a mortgage.

3. Even if you cannot put a 20 percent down (which is standard), do not worry. Many lenders, both private and public, have mortgage plans that require a very small down payment (as low as 3 percent of the houses price sometimes).

4. Look for a home in an area with good schools. If you have children, this will be very important for their future. Even if you do not have children, living in area with good schools is important; reason being that it greatly increases the value of the home. This will benefit you when it comes time to sell again.

6. Get pre-approved. Getting pre-approved will make the house searching process much easier. You will know what you can afford and what you can't afford. Pre-approval is not the same as pre-qualification. Being pre-approved has to do with your income, debt, and credit history.

7. Research before making an offer. Look at the trend of sales in the neighborhood before making an offer on a home. If houses in the area selling for 7 percent less than their listing price, you should start off by bidding around 11 percent lower than the listed price. This is just an example. Your agent can give you a better idea of what a reasonable bid is for your situation.

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Homes & Condos

Holiday Manor Tumon Spring Hill Sub-Yigo Liguan Terrace-Dededo Ridge Condo-Dededo $400K 4bd/2ba #10-2210 $300K 3bd/2ba #10-2204 $225K 3bd/2ba #10-2191 $160K 3bd/2ba #10-2131

Perezville-Tamuning $1.9M 5bd/5ba #10-1816

Dededo $350K 4bd/3ba #10-1652

Agat $160K 2bd/1ba #10-1347

Dededo $175K 4bd/2ba #10-1048

Yigo $285K 4bd/3ba #10-374

Agana Heights $189K 3bd/2.75ba #10-1773

Yigo $190K 4bd/2.5ba #10-2107

Machanao-Dededo $200K 3bd/2ba #10-2054

Goring Villa-Yigo $129K 3bd/2ba #10-1724

Dededo $289K 3bd/2ba #10-1505

Oceanview Tumon Condos $385K 3bd/2ba #10-1490

Dededo $320K 4bd/2.5ba #10-1258

Barrigada $350K 4bd/2.5ba #10-1163

Liguan Terrace-Dededo $260K 4bd/2ba #10-1110

Dededo $335K 3bd/2ba #10-835

Villa Rosario Condo-Ded. $142K 3bd/2ba #10-712

Perez Acres-Yigo $220K 3bd/1.5ba #10-428

Santa Ana Sub-Dededo $128K 4bd/2ba #10-357

Barrigada $380K 3bd/3ba #10-41

Barrigada $265K 3bd/2ba #10-33

Perezville-Tamuning $625K 5bd/4ba #09-1332

Villa de Oro-Mangilao MongMong-Toto-Maite $140K 3bd/2ba #10-1737 $225K 3bd/2.5ba #10-1725

Asentadu Villa Condo-Tam. University Manor Condo-Man. Villa I'Sabana Tumon Cond-Tam. $236K 3bd/2ba #10-1623 $69,950 2bd/1ba #10-1601 $255K 3bd/2ba #10-1581

Tamuning $210K 3bd/2ba #10-1275

Dededo $188K 4bd/2ba #10-1259

San Vitores Terrace-Tum. San Vitores Garden Condo-Tum. $215K 3bd/2ba #10-918 $186K 3bd/2ba #10-898

Mangilao $263K 3bd/2.5ba #10-358

Commercial

Dededo $3000/mo 1,874sf #10-2122

Dededo $4,395/mo Warehouse #10-1638

Tamuning $2,266.25/mo Retail Space #10-1582

Tamuning $1,272.50/mo Office Space #10-1580

Tamuning $1,417.50/mo Office Space #10-1578

Dededo $6,000/mo Office Space #10-1267

Hagåtña $6,270/mo Office Space #10-1816

Barrigada $2.5M Business For Sale #10-619

Hagåtña $900/mo Office Space #10-411

Tamuning $50K Business For Sale #09-2700

Tamuning $4.5M 30,766sf #08-3898

Barrigada $1,500/mo Office Space #08-3294

RENTALS

Acho Tasi Condo, Hagatna – Very nice, roomy and spacious studio located in downtown Hagatna. This is a second floor unit. Due to limited parking space tenant can have only one car. $599.00 (10-2306) Scharf Street, Piti - Affordable and spacious 2BA/2BA unit available for occupancy. Centrally located, you're not too far from many places on island. $650.00 (10-2298)

Land (House Lot & Investment)

Kayen Aga Makao, Yigo - Looking for a house near Andersen Base? Well, here's a charming 3BR/2BA home located in a gated New Subdivision in Yigo. Beautifully renovated with modern light fixtures. Includes ceramic tiles, refrigerator, stove with oven, washer, dryer window blinds and accordion shutters. Near restaurants, church, schools and many more. A must see! $1,900.00 (10-2250) Alicia Court, Dededo - Cozy 4BBR/1BA home in central Dededo. Fully fenced and gated in a quiet cul de sac. Call for a showing today! $1,300.00 (10-2218)

Yigo $105K 2,000sm #10-2073

Agat $648K 49,000sm #10-1802

Ordot-Chalan Pago $75K 3,062.48sm #10-1502

Tamuning $276.5K 1,106sm #10-1443

Tumon Heights Court, Tamuning - Spacious 3BR/2BA unit on the 2nd floor. Great location in central Tamuning, minutes away from Tumon Bay, hospital, school and shopping. Price includes basic cable TV. $1,700.00 (10-1928) Balajadia Rd., Yona - Military Housing approved and close to the base! Enjoy living in this beautiful 2BR/2BA home situated in a nice central location. It is fully fenced, equipped with accordion typhoon shutters and also includes appliances. $1,500.00 (10-2153)

Ordot-Chalan Pago $398.5K 3,181sm #10-1125

Mangilao $120K 1,000sm #10-1124

Yigo $65K 1,853sm #10-1037

Yigo $195K 5,559sm #10-1036

Pacha Drive , Talofofo - Lovely 3BR/2BA home nestled in a quiet cul de sac in Ipan Talafofo. Home has a 2 car garage, indoor laundry, outside kitchen with extended patio and typhoon shutters. Master bathroom has a jet tub and walk in closet. Nice sized yard for the family to enjoy. $2,400.00 (10-2118) Chalan Kareta, Dededo - Come see this huge 4BR/3BA house with enclosed 2 car garage. Very spacious kitchen with mahogany cabinets, bay windows, ceiling fans, ceramic tile, split A/C's and typhoon shutters included. Huge master bedroom features walk-in closet and master bath with double sink and jacuzzi. Some utilities included. $2,800.00 (10-52)

Laguina Estates-Yona $65K 1,903sm #10-997

Barrigada $545K 4,171sm #10-987

Dededo $60K 2,075sm #10-635

Merizo $250K 43,837sm #10-622

Tun Jose, Yigo - Nice 3BR/2BA home in a quiet neighborhood! Close to AAFB, fenced and gated, well maintained, big yard with fruit bearing trees! $1,900.00 (10-890) Amallio Street, Yigo - Newly renovated 5BR/4BA Executive Home, Minutes away from NCTS and Anderson. This beautiful home has two large master bedrooms with walking closets and walk around balcony. Roof garden is in the works. $3,400.00 (10-1026) A.B. Wonpat St., Sinajana - Beautiful 3BR/2BA, 2-storey house. This unit has two-car carport, kitchen with center island stove top and lots of storage space, indoor laundry, and 45 kv full back up generator. $2,450.00 (10-1120)

Inarajan $80K 1,862sm #09-3714

Yona $85.5K 1,900sm #09-3329

Yigo $55K 1,417sm #09-3041

Macheche-Dededo $100K 1,730sm #09-2902

Pacific Golden Villa, Chn. Ahi, Dededo - Executive 2 story home 5BR/4BA with carpet, ceramic tiles, large living room, family room, Central A/C, fully fenced yard, great neighborhood, typhoon shutters, and carport. Close to AAFB. Asking $2,000/Mo (10-1743) Umang Road, Agat - This spectacular new 4BR/3BA home offers a third level ocean view patio, large indoor laundry, two car garage and lots of ample parking. Minutes away from the Naval base. A must see! $5,00.00 (10-1927)

Asan $650K 7,984sm #09-1983

Yigo $55K 1,432sm #09-1144

Piti $498K 15,088sm #09-264

Mangilao $1.049M 10,000sm #09-206

Chn. Pugua Matchena, Dededo - Few units with water and power included, landlord is seeking for a good tenant that would take care of her 3BR/1BA unit with 1 extra leisure room. $1,650.00 (10-2273) San Francisco St., Agat - Charming 2BR/1BA home has been remodeled and upgraded. Nice size lot with a stream in your backyard. Minutes from the Naval base and not far from downtown Hagatna. Southern comfort living is waiting for you. $1900.00 (10-1348) Maria Mantanane Road, Yona - Nice 2BR/1BA home for your family at an affordable price. Take a look and make an offer. A nice, quite area to live! $800.00 (10-2280)

Tumon $8,386,470 9,423sm #08-3021

Yigo $3,776,240 58,096sm #07-328

Agana Heights $29K 686sm #08-2077

Tumon $12,614,700 25,229sm #06-3019

Tamuning $700K 1,908sm #08-332

Yigo $180K 7,407sm #06-2108

Ipan-Talofofo $575K 27,774.22sm #07-3850

Inarajan $45K 2,280sm #06-865

Multi-Family

Tamuning - $1.2M #10-82

Bradley Place Hagåtña Tan Pelicita Dungca Tam. $1.475M 18 Units #09-2306 $2.8M 20 Units #07-416

PIA Marine Condo, Tamuning - 2BR/2BA Ocean view unit on the 6th floor. Fully furnished.Also includes TV, microwave oven, pots, pans, dishes, utensils. Conveniently located right off the elevator. Amenities: pool, tennis courts, convenient store, exercise room, mail delivery, Back up generator. $2,000.00 (08-3675) Luisa St. Horizon Townhouse, Tumon - This 3BR/2.5BA centrally located unit at Horizon Town Homes (10C) is looking for a nice tenant that will take care of the unit and probably maybe able to buy it in the future. Unit has a nice kitchen nook countertop made of granite stone, which you will no longer need a dining table, this townhouse can be yours if the price is right. Rent it before buying, call your Agent to show you this unit. $1,700.00 (10-923) Chn. Ayuyu, Yona - Panoramic ocean view of Ilig Bay from this breezy home right on the cliff. This 2BR/1BA unit is “A must see”! $1,400.00 (10-992) Pacific Towers Condo - Section 8 Accepted for this 3BR/1BA unit, located on the 7th floor with partial oceanview. Starter unit for family with kids and centrally located in Tamuning. Unit comes with water, pool and coin operated laundry facility on the ground floor. 24 Hours security service. $1,254.00 (10-1209)

Carlos Heights Tam. $320K #08-2980

Chn. Nette Trophy Condo, Yigo - Brand new 3BR/2BA condos extremely close to Andersen AFB and walking distance to stores. You must see this unit to appreciate it. $1,300.00 (10-1716) Quezon St., Dededo - Newly renovated & clean two unit duplex located close to schools, restruaunts, places of worship & just about everywhere you'd want to be. Don't miss out on this 2BR/1BA unit!! $850.00 (10-1952)

From the Experts

Title Insurance and Escrow, Who Needs It? Bertha Evangelista President, Title Guaranty of Guam

uying a home is an exciting experience but it is not one without risk. Compare the transaction to the game of “Hot Potato” with the home being the very expensive potato. You wouldn’t want to drop it—not without insurance! That is why this smart guy named Benjamin Franklin created the concept of title insurance. A title and escrow company protects much more than just small potatoes. It protects one of the largest financial investments you’ll ever make. For first time home buyers, the terms “title insurance” and “escrow” may need some defining. Title insurance protects the purchaser or property owner against a loss that may arise by reason of defect in their ownership or the interest they have in real property for as long as they hold the title to the property. “Escrow” is the holding of money or documents by a neutral third party prior to closing. Title insurance generally falls into two categories: Lender’s Title Insurance and Owner’s Title Insurance. The Lender’s Policy is required by the Lender and the Owner’s Policy is optional. Of course, the best case scenario is for the Buyer to acquire both types of insurance for maximum coverage. Fortunately, title and escrow companies generally discount one or the other if a customer is purchasing both types. Escrow fees vary from company to company. Some use a sliding fee schedule while at least one company just applies a flat fee. The lending institution you are working with on your mortgage loan will supply you with a list of title companies to choose from. A federal law called the Real Estate Settlement Procedures Act (RESPA) entitles the individual homeowner to choose a title

16 CasaGuam July 2010

By Janiece A. Sablan

insurance company when purchasing or refinancing residential property. Of course you can just pick one as there are only a few on island. The conscientious Buyer would likely want to do a bit of homework before selecting a company. Ask around and find out who your family and friends recommend. The buyer is responsible for paying for the lender’s policy, the owner’s policy if they opt to receive it, and the escrow fees. It makes sense to do a little shopping around. Fortunately, Guam only has three major title insurance and escrow companies, so there isn’t too much work involved. Find out what kinds of discounts they offer as well as special services that are included in fees as opposed to added on later such as notary fees. Companies may offer lower rates to buyers who qualify for Guam Housing Corporation or rural development loans. Most importantly, you want to feel confident about the work of the title and escrow company you choose. You want to know that the company you select is going to do a thorough job researching the title for the property you are purchasing. What’s the big deal you ask? All property has changed hands at one time or another. Sometimes many such changes have taken place. When you receive the title, you want it to be “free and clear”. If there are encumbrances, the title and escrow company will do its due diligence to find these defects through its research. As you sit in your lending institution trying to decide which company to use for your title and escrow needs, remember that you can be a proactive consumer and make a well-informed choice with just a little bit of homework.

IN THE NEWS… Recently, Title Guaranty was appointed business agent for the top two title insurance companies in the United States, Fidelity National Title Insurance and Chicago Title Insurance Co. The company continues to utilize the services of Ticor Title Insurance company in addition to the two new underwriters. This allows Title Guaranty increased flexibility with fees, especially with larger purchase prices.

CasaGuam.com 17

Profile By Alex Salazar

Sharing the Experience

Duane Pahl enjoyed being a homeowner so much, he made a career out of it.

“

Duane Pahl Realtor® Today's Realty

Education:

Associate's degree in International Business from Hawaii Pacific University, studied in Japan for five years Recognition: Nominated for People's Choice and Realtor's Choice for the Ginefli'e I Tano Awards

Family: Hobbies Motto:

Wife, Miyoko; Children, Phoenix, 9 and Kai, 4 Playing golf, beach volleyball, and coaching soccer "Who ya gonna call? Duane Pahl!"

“

ometime in the late '90s, Duane Pahl decided he was done being a renter and wanted to become a homeowner. Then in 2000, he decided to make it happen. "Renting just wasn't in the cards anymore," he said. Pahl worked with a Realtor to help him buy his first condominium. "The Realtor worked really hard on my behalf," he said. Pahl added that the experience was so awesome that he wanted to give the same emotional success for other people, so he sought out getting licensed in real estate. Before joining the real estate industry, Pahl said his experience has always been in tourism, so he needed to go back to school at the University of Guam to get his license. "I just barely passed," he said with a laugh. But it shows that grades are trumped by passion any day, because Pahl set his mind to becoming a successful Realtor — and he did. He said he enjoys going through the process of helping people become homeowners, because he knows how emotionally satisfying it is. When he got his license in 2004, he started seeking brokers for whom he wanted to work. "When I met Anthony Godwin, I knew the search was over. Today's Realty was my home." While he enjoys his career, Pahl said land transactions continue to be a challenge. "Dealing with land is it's own [feat]. There are so many aspects — level, property markers, flooding issues, financing issues — it's a challenge." He said it's important for buyers and sellers to conduct due diligence so that the transactions works to everyone's benefit. Additionally, Pahl said the affordability of a home is also one to consider when buying. "Your budget should be comfortable. Don't overstretch yourself. Make sure your bills are affordable and stay within your budget." In the next few years, Pahl said his goal is to never stop learning. "In real estate, every day is a challenge and a new lesson." In life, he said he just hopes to keep his wife and kids healthy and happy. Pahl is married to Miyoko and they have two sons. When he's not working, he is an avid sports fan, and plays golf, soccer, beach volleyball and has coached six- to eight-year-olds for the Wings for five years. He said he would like to send a shout out to Today's Realty. "We have an amazing team and I am very thankful for their support."

I've been advertising in Casa Guam since the induction and, comparatively to other print media, the amount of inquiries I get from Casa beats everyone else. 18 CasaGuam July 2010

CasaGuam.com 19

H o w To D . I . Y.

The Dos and Don'ts of Lawn Care

great lawn is part of a great yard in general. So how do you get the lawn you're looking for? Here are a few lawn care dos and don'ts from Southern Lawn Careâ&#x20AC;&#x201D;a professional lawn service company that serves Hillsborough, Pinellas, and Pasco. Don't put too much fertilizer. Applying fertilizers on your lawn is the first basic step in lawn care but you have to know what type of grass you have and what plant food to use. Horticultural studies show that the nitrogen in fertilizer can burn your lawn, and when temperatures get higher, the likelihood of burning goes up. To prevent damage, go for a slow-release fertilizer with lower nitrogen content. Make sure you follow the directions carefully when applying it to the grass. Do water you lawn on a consistent schedule, preferably before the sun rises in the morning (around 5 a.m.) or late at night. Moisture is best absorbed during these times because the temperature is relatively cooler. If you have just planted a new lawn, you will usually need to water once a day so the seeds can germinate and a good solid root system can form. On average, this can last from two to eight weeks, depending on the type and grass and season. Also, it's best to water deeply that watering too often. Frequent, light watering produces a shallowrooted lawn, and you don't want that. Don't water your lawn before mowing. Horticultural magazines will say that that you should water your lawn a day before mowing to avoid the ugly crowning at the tip of your grass. Watering your lawn a day before they get mowed will give them time to recover and make them look nicer as they start growing again. Mowing should also depend on the type of grass' optimal height. Recommended mowing heights are three inches for tall fescue, two and a half inches for perennial ryegrass, and one inch for bentgrass. Do apply occasional pesticide or herbicide to your lawn. According to the U.S. Environmental Protection Agency, about nine million pounds of 2, 4-D is used on U.S. lawns every year. This

20 CasaGuam July 2010

pesticide is the most commonly used pest control solution for residential and commercial use. Grass grows best in a biologically active soil where soil organisms like earthworms recycle plant material so that nutrients are slowly released in the root zone of the grass. Any excess of organisms like ants and worms can cause your grass to die so an occasional application of pesticideâ&#x20AC;&#x201D;like once every four months, would be good. Do remove excess thatch. A thatch is the partially decomposed grass stems, roots, and leaves found between the green part of a lawn and the surface of the soil. Thatch problems are caused by excessive fertilizing and watering, infrequent mowing, and frequent pesticide use. Surrounding trees and shrubs could also cause thatches, especially if they do not receive enough water. Provide more water to grass that have trees and shrubs nearby.

By Chris Lontok

Do design your garden efficiently. Planning is the key, taking into account the existing environment such as trees and shrubs, plants, sun, wind and water. The landscape design should ensure water drainage back to the ground's water table. Patios and walkways should be sloped so water drains into the lawn bed. Do try to use organic fertilizers for your soil. This is actually more for the environment but using organic fertilizers and plant food decreases the release of green house gases; so it's always good to do your part. Try looking at horticultural magazines for more tips on caring for your lawn. About The Author Southern Care Lawns, Inc PO Box 57 Tarpon Springs, FL 34688 Phone:(727) 934-3227 Fax: (727) 849-2711 Email: southerncarelawns@yahoo.com Website: www.southerncarelawns.com

CasaGuam.com 21

Curb Appeal

Benefits of Awning By Benson Au-Yeung

It's a no-brainer that "extreme" barely describes Guam weather. At noon, most of us would rather spend our time indoors with the air-conditioner on full blast. But the outdoors are a reason locals like living in Guam as well. Many of us love to barbecue in the backyard and children get antsy being kept inside. The solution? Awnings. Also known as retractable shades, canopies or tents — awnings provide the much needed shield from the island sun. And today's awning isn’t your grandma’s oldfashioned type anymore. With many different fabrics, styles and sizes to choose from, awnings are making a comeback as a home upgrade that can enhance curb appeal, expand outdoor living space and protect against ultra-violet 22 CasaGuam July 2010

(UV) rays. Awnings are also a proven way to save energy. Take a look at some of its other benefits.

Curb Appeal Awnings offer endless possibilities for enhancing a building's exterior décor. They add shape, dimension and color, and can be customdesigned to fit any structure's unique character and style. Awnings can also be stationary or retractable, adorned with graphics and used as signage. They echo the architecture of a traditional residence or complement modern buildings with innovative designs, adding drama and impact to an otherwise ordinary facade. Plus, they can add softness and color to any size, shape or style of a home.

Outdoor Living Save Money & Awnings extend residential living space and add safety and comfort to outdoor activities. A fixed awning or canopy creates an elegant, upscale outdoor living room — perfect for entertaining guests or simply relaxing with the family. With the push of a button, a retractable awning creates a cool, relaxing haven from the sun's rays. In addition, retractable awnings are extremely user-friendly, with manual or automatic, remote or sensor-activated controls that allow them to be folded. Sensorcontrolled awnings feature wind and rain sensors that will automatically retract the awnings, even when you're not home.

Energy Exterior fabric window awnings reduce interior heat in homes and businesses during periods of direct sunlight by 77 percent, according to a study by the American Society of Heating and Air Conditioning Engineers. Since awning fabric doesn't trap heat and moisture, an awning can reduce air-conditioning costs by as much as 25 percent. Whatever color, size, or design you choose, awnings will definitely increase the value and curb appeal of your home. Source: Professional Awning Manufacturers Association

CasaGuam.com 23

MARKETPLACE

24 CasaGuam July 2010

Who Ya Gonna Call

E DWIN “E D” G. K IPPENHAN

CasaGuam.com 25

Classifieds Commercial Rentals Dededo Dededo Office Great Office space for Professional Businesses 450 sq ft. with storage area. Of 144sq ft. Space includes water and power, small ''kitchen'' area and restroom, 2 split a/c units, blinds and trash all included. A great rate for your small business. Asking $ 890/month. Call DEANNA @ 688-2855 106 East Sta. Barbara, Dededo 4bed/1 ba corner house, fenced, and gated. Centrally located close to church, school and malls. Asking $1,200/month. Call MYRNA @ 488-0144

Tumon Cozy Karaoke Bar on the second floor in the heart of Tumon Bay at very reasonable price. Equipped with Karaoke system with 2 TV monitor, ice box, beer cooler, Split A/C, ceiling fan and 100% back-up generator. Asking $2,000/month. Call MIHO @ 687-7198

Commercial Sales Dededo Business opportunity: Restaurant for sale on one of the island's busiest thoroughfares. Asking $50k. Call GREG @ 777-6441 Own a business opportunity that's perfect for our growing population! This is a snow cone and ice cream parlor in the heart of Dededo, in front of the flea market. Asking $12K including all inventory needed to continue the business. Call MYRNA @ 488-0144

Asan

Tamuning

Asan Beach House Newly Renovated, Fresh paint and ceramic tiles. Asking: $2,200.00/mo. Call FRANK @ 479-4663

Centrally located with a breathtaking view of Tumon Bay. Ceramic tiles, Mail Delivery, Restaurant, Exercise Room, Pool, and Convenient Store. Guam's best golf driving range within walking distance. Nicely furnished with sofa, 42'' plasma TV, beds, etc. Available unfurnished as well. Call 646-9870/1

Asan 3bd./2ba. Ocean Views Newly Renovated - All ceramic tiles. New a/c's. Asking: $1,900.00/mo. Call FRANK @ 479-4663

Dededo Great spacious house located near Paradise Estates. 5bd/3bth. Section 8 okay with full security deposit. Call 646-9870/1 Las Palmas II, Dededo Townhouse : Nice Open Floor Plan with all ceramic tile, accent wall in livingroom. Washer/Dryer in laundry room off the gated patio. This 3 bedroom 2.5 bath townhouse also has 2 parking stalls next to the unit. The complex has pool, Tennis court, play ground and professional landscaping. Las Palmas II complex is an easy drive to AAFB or Naval Hospital or down town. Put this on your must see list. Asking $1,900/mo, Call DEANNA @ 688-2855 MLS 09-3548

Mangilao Nice house on a cul-de-sac street in Latte Hts. 4 bedrooms, 2 baths with all ceramic tiles and split a/c units per room. Newer kitchen counters and appliances. Fenced back yard. Has always been leased to military personnel for their tour on Guam. Asking $2,100 / month. Call DEANNA @ 688-2855

Talofofo

Tamuning Business opportunity. Event planning business for sale in a great location. Asking $40,000. Call KAMAKA for more info @ 689-2553 Great investment opportunity! 2 story 20 units apartment in the heart of Tamuning! Consist of 4X3BR/2BA 9X2BR/2BA 5X2BR/1BA 2X1BR/1BA. Marble tile floor in entryway, living room and kitchen. Ceramic tile floor in bathroom and remaining area. Call MIHO @ 687-7198

Residential Rentals Agat 3 bedroom / 2 ba house, enjoy the summer breeze on large front covered patio. Minutes away from Big Navy $1700. Coral Sea Realty 649-6088 26 CasaGuam July 2010

A 2 bedroom 2 bath in Ipan Talofofo. The whole home has just been painted, Clean and ready for you to move in. Large uncovered parking on the side, inside laundry off the kitchen. Step up into the bedrooms. Master bedroom is big enough for a king set and second room is enough for a full size bed or use it as an office. Asking $2,100/month. Call DEANNA @ 688-2855 Ipan Talofofo 3 bd House for Lease: Live on this quiet street and enjoy the views, and the breezes. This 3 bedroom 1.5 bath has all ceramic tile, split a/c units large windows, typhoon shutters and security System Installed. Water included and the furniture can stay or be removed by request of the Tenant. Asking $1950/mo. Call DEANNA @ 688-2855. MLS 10-1400

Tamuning home with 5bd/5ba, 4,000Âą sq ft with swimming pool, Ocean view and back-up generator. Rent this home TODAY at $5,000/month. Call TOMAS @ 687-4663 Tamning behind GPO - 3 bedroom 2 bathroom, 2nd floor, stove / refrigerator. Asking $800.00. Call CORAL SEA REALTY 649-6088 Beverly Palms Condo; Newly Renovated 3bd./2ba. 2 Story Townhome Asking: $1,750.00/mo. Call FRANK @479-4663 Ypao Apartments 2bd./1ba Directly across Ypao Beach Asking: $1,250.00/mo. call FRANK @ 479-4663 Jonestown 2nd Floor Duplex: Private Entrance, Full front Covered Balcony, All Ceramic Tile, Wood blinds, stainless Refrigerator, Stove/oven, Renovated Bathroom, Split a/c's, inside laundry room and I must say ''Very Nice''. You will feel right at home in this unit near Guam Memorial Hospital. Asking $1,900/month. Call DEANNA @ 688-2855 MLS 10-1372

Tumon Tecio Tumon Villa: Nice two bedroom two bath condo located in Tumon. Condo is just a walking distance to the beach, stores, restaurants and nightlife. Asking $2,100/month. Call VIC @483-7518 Tumon Holiday Manor ; 4 bedroom, beatifully furnished with pool and BBQ area, near beaches. Asking $3,800/month. Call VICKI for a showing @ 687-3558 Happy Landing Road, Tumon 3bd, 2ba, Condo : Enjoy your island paradise in this 2nd floor unit within walking distance of Tumon Beaches. Complex has a pool and the unit is all ceramic tile, central a/c and accordion typhoon shutters. Asking $1,900/month. Call DEANNA @ 688-2855 MLS 10-133 Tumon Penthouse for Lease: A Rare Penthouse, Oceanview unit is now available. This large 2 bedroom 2.5 bath Condo was upgraded and is in like new condition. Security, Full Back-up Generator, Pool, 2 parking all go along with your desire for the ''good life'' while on Guam. Water included. You CAN have the dream. Asking $3,800/month. Call DEANNA @ 688-2855 MLS 10-744

Tumon Horizon Condo.Located in Upper Tumon ; 2 bedroom / 1 ba, furnished unit w/ water and basic cable, pool, security. Close to mall and beach. $1100.00. Call CORAL SEA REALTY @ 649-6088 San Vitores Terrace Condo: 3bd/2ba, 3rd floor unit with oceanview, upgraded unit with new carpets, pool, security and basic cable TV. $1800. Call Coral Sea Realty 649-6088

Yigo Newly renovated home with ceramic tiles and lots of storage space. The kitchen and living room were nicely done and the large lawn gives lots of playing room for children. Asking $1900/m. Call LOU @ 483-1384 4bd./2ba. With outside covered patio and shop area. Asking: $1,300.00/mo. Sec. 8 Welcome Call FRANK @ 479-4663 Perez Acres: 4 bedroom, 2 bath with pool & playground. Corner unit. Asking $1,900/month. Call SANDY @ 687-6006 Upgraded and plenty enough room for the family. Lanai is a plus - bbqs, kiddy rides. All this in Guam's most inviting gated community. Located at the end of the cul-de-sac with a bbq cabana in your front yard and plenty of guest parking. Just a walk away from the pool, playground and basketball court. Just minutes from AAFB.. Asking $2,100.month . Call JOYLYN @ 488-5069 Perez Acres: 3 bedroom / 1.5 ba townhouse with extra room great for family room or office, gated and secured community, pool, mail delivery. Asking $1900.00 . Call CORAL SEA REALTY 649-6088

Residential Sales Barrigada 4bd /2ba Barrigada home is located in a very nice and quiet neighborhood. Centrally located with a large lot an not to mention home is in excellent condition. Asking $325k Call TONI @ 687-8714 Opportunity Knocking.... Buy the home you deserve! Newly renovated 4BR/2BA home with a snazzy kitchen, fenced and waiting for YOU to move now! Asking $445,000. Call DEANNA @ 688-2855 Studio, 1 bedroom, 2 bedroom. Clean, Renovated, Ceramic Tile, Pool and WATER included. Call 646-9870/1

Classifieds 3 bdrm/1 bath home with a separate studio in the back that has its own outside covered kitchen. Centrally located home nestled in a breezy and quiet cul-de-sac. Minutes away from UOG, GCC & GW High School. Newly renovated bathroom in the main home with new stove/oven & refrigerator. Large carport enough to park 5 or more cars. Call 646-9870/1 Barrigada - 3 BR 2 BA home - neat and tidy home - great starter home .....Simple and Sweet! Asking $195,000. Call LIZ @ 687-0911

Chalan Pago

Mangilao

Tumon

Yona

Mangilao Dream Home with 3 bedroom, 2 bath on a 1989± sf with master suite, pitched ceilings and two car garage. Asking $360,000. Call CARMEN today @ 777-6372

Tecio Tumon Villa: Nice two bedroom two bath condo located in Tumon. Condo is just a walking distance to the beach, stores, restaurants and nightlife. Asking $349k. Call VIC @483-7518

Baza Gardens 3bd./2ba 1,600 s.f.Extended with game room. Asking $175,000.00. Call FRANK @ 479-4663

Mongmong Exceptional 3bd and 3.5 ba home waiting for that special family to fall in love with. Enjoy the view, separate refrigeration and stove for the person who enjoys cooking, the pool and the great central location. Asking $630k Call JUDY @482-7775

Ordot Ordot - Chalan Pago ;Quiet, Private, and centrally located 4 bedroom 3 bath house on a 1/2 acre lot. this would be great if you enjoy your privacy and appreciate being close to shopping malls, grocery stores, and schools. Asking $315,000. Call JOYLYN @ 488-5069 for a showing. MLS 10-2077 Flora Pago - Great Deal - 2 Bedroom / 2.5BA, nice neighborhood, pool, security, Asking for $152,000. Please call LIZ @ 687-0911

Apusento Gardens Condo : Great price with seller financing. Just like you pay monthly rental, without bank fees. Downpayment is required. Asking $105k. Call JAMES @482-0498

Tamuning 3bd/1bth Condo Unit. Fee Simple. Recently Painted, Mail Delivery, Playground Area, Pool Call 646-9870/1

Dededo Northern Beauty near NCS with 3 bedroom / 2.5 bath on a 2,086 ± sf, huge lot with pool and with covered back patio. Asking $439,000. Make this house yours! Call FIONA @ 988-9982 A nice 3bed/2ba house completely renovated in 2008 with ceramic tiles, french windows and security grills, waiting to be your home. Located in a quiet neighborhood that's perfect for raising a family. Priced to sell at $169,000. Call MYRNA @ 488-0144 It's all about the location! Come home to this conveniently located 3 bedroom 2 bath home which is located in a private cul-de-sac in Liguan Terrace close to Micronesia Mall, Movies Theaters, an Elementary School and more. Low maintenance, fully fenced yard with many fruit trees. Freshly painted walls, automatic gate and Denyo 14KVA generator. SHOWINGS ARE BY APPOINTMENT ONLY!. Asking $225,000. Call DINO @ 482-2222

Inarajan 2 bedroom / 2 bath on a living area of 800 sf and 5,526 ± sm lot. Fixer upper home on a beautiful beach front property, over an acre in size. There is already Power&Water if you would like to rebuild. Asking for $628,054. Call DEANNA @ 688-2855

Pacific Towers Condo: Studio unit available, centrally located, fully gated with 24hrs security guard on duty, swimming pool, playground, coin operated laundry, basketball court and purified water dispenser on site. Asking $60,000. Call DEL @ 727-7380 Pia Marine Upper Tumon : Ocean view unit on 6th floor. Fully furnished, Includes TV, microwave, pots, pans, dishes, utensils. Located right off the elevator. Amenities: pool, tennis courts, convenience store, exercise room, mail delivery and back-up generator. Asking $2,000 / month. Call MIHO @ 687-7198 Ypao Gardens Condo : 2 bedroom, 2 bath unit on the 2nd floor. Located in the heart of Tamuning close to Tumon Bay, markets, school, shopping center and hospital. Amenities: security entrance, ample parking, swimming pool, tennis court and BBQ area. Asking $110,000. Call MIHO @ 687-7198 Private and secluded Tamuning 3bed/1ba house with partial ocean and city view. Recently painted and upgraded with ceramic tiles, french windows and accordion typhoon shutters. Fenced and gated, and comes with 4 split A/Cs'. Asking only for $229K. Call MYRNA @ 488-0144 Ypao Gardens - Something for Everyone! 2 BR 2BA, gated, central - 2 min from shopping, airport, beaches. Asking $125,000. Call LIZ @ 687-0911

Blue Pacific Lattice Condo Complex to live in, this 2 bd 1 ba unit has that wow red sink, counter seating, has one bed and night stand which can be removed. Asking $ 1,900/ month. Call DEANNA @ 688-2855

Baza Gardens - $169,000 - Best Deal! 3 BR 2BA corner lot home in great condition - call for details...Asking $169,000. Call LIZ @ 687-0911

Land For Sale Chalan Pago

Happy Landing Road : Live in Tumon, and have a pool just in front of your unit! Three Bedroom 2 bath with Central a/c, wash/dryer, stove and refrigerator, window blinds and shutters Asking $ 1,900/month. Call DEANNA @ 688-2855 Tumon Heights Court - Spacious 3 bedroom, 2 bath unit on the 2nd floor. Great location in central Tamuning, minutes away from Tumon Bay, hospital, school and shopping. Price includes basic cable TV. Asking $1,700/month. Call MIHO @ 687-7198

Yigo

Pago Bay Estate, 3,006 sq meter lot that is cleared and ready to build your dream home. Asking $140,000. Call HANA @ 777-3660

Dededo Chalan Koda: 2,266 sq. meters. Asking: $75,000.00. Call FRANK @ 479-4663 Dededo Land with 830± sm with R-1 Zoned and minutes to NCS with paved access. Asking $45,000. Call YUMIKO @ 688-7791

Inarajan Yigo Duplex, income producing 3bd/2ba each unit on half care lot. Only minutes to AAFB Asking $298k. Call ROWENA @ 777-4317 Don't miss out on this very well priced 4 bedrooms with 2.5 ba with 1,687 sq ft at the end of a quiet culdesac in Marianas Terrace in Yigo. Price REDUCED to $169,000. Call RENEE @ 777-7071 Perez Acres: 4 bedroom, 2 bath with pool & playground. Corner unit. Asking $212, 500. Call SANDY @ 687-6006 Perez Acres Yigo ; Popular neighborhood for both owner-occupant and investor. Great community amenities that are family-friendly - playground, pools (yes, 2), jungle gym, sidewalks, basketball court, on-site property management, gated community. Investors flock to this community - just minutes from both Andersen Air Force Base and NCTAMS - and soon, the Marines' base. Lanai enclosed for more square footage. Asking $208,000. Call JOYLYN @ 488-5069. Own this brand new 3bedroom/2bathroom house fenced and gated; with concrete drive way; french windows; ceramic tiles and accordion typhoon shutters. Located in a quiet neighborhood; is close to church and minutes away from AAFB. Asking $209,000. Call MYRNA @ 488-0144 Perez Acres - Owner wants this unit SOLD - 3 BR 1.5 BA, gated community, 2 pools. Asking $195,000. Call LIZ @ 687-0911

Contractor's Delight 4bd./2ba. 1,597 s.f. 2 Story Home sits on a 3,736 square meter lot Asking: $147,000.00 Call FRANK @ 479-4663

Mangilao Snowball Lane Mangilao : 3,657.00 ± sm. Large corner lot in an improving neighborhood. Power and water available on next lot. Location and availability of utilies make this an attractive property to build your estate home. Right across the street from Mangilao Golf Course and minutes from Hagatna. Several sprawling new homes along this street Asking $117,300. Call JOYLYN @ 488-5069: MLS 10-1619

Piti Turner Rd. - Channel 10 - (Nimitz Hill) Piti. 151,508 sq. meters of unobstructed ocean views Asking: $2,300,000.00 Call FRANK @ 479-4663 Piti land with 2,062 ± sm on a C-Zoned and Ocean view, near the Port and Navy Base. A Land of Deal. Asking $247,440. Call DENNIS @ 727-3815

Yigo Great Price! LOT 4,417 +/- Sq Meters. What more can you ask for. Fairly level property with utilities near by. Asking $80,000. Call JOYLYN @ 488-5069 for a showing. CasaGuam.com 27

Closing

Message from the Executive Officer By Peggy Araullo Llagas

REALTORS® Political Action Committee The National Association of Realtors® is the leading advocate for housing issues, and NAR’s Political Action Committee backs congressional candidates who support homeownership and protect private property rights. NAR encourages Realtors® to invest in their industry’s future through RPAC. In fact, more than one in three Realtors® contributed to RPAC last year. In 2008, more than nine out of 10 RPAC-supported candidates for the U.S. House of Representatives and the Senate won their elections. RPAC is the most bipartisan PAC in the country. RPAC’s record of success demonstrates that Realtors® are among the most politically active and engaged citizens in the country. NAR members participate in the political process to ensure that the Realtor® point of view on homeownership and private property rights is heard at all levels of government. However, it must be duly noted that NAR does not get involved in presidential politics. Background RPAC distributed a record $4.3 million in direct contributions to federal candidates in the 2008 election cycle, more than any other PAC. NAR spent a record total of roughly $14.3 million during the 20072008 election cycle and $11.5 million in the 2005-2006 election cycle. Our goal for the 2009-2010 election cycle is to disburse $16 million. RPAC supported 454 candidates for the U.S. House of Representatives and Senate during the 2007-2008 cycle. Of these candidates, 428 won their races, giving RPAC a 94 percent winning record. In the House, 399 of the 421 RPAC-supported candidates won their seats. In the Senate, 28 of the 33 RPAC-supported candidates were elected. In 2008, 419,491 of NAR’s 1.2 million members contributed to RPAC. In addition, 49 out of 50 state Realtor® associations as well as the territorial associations of the District of Columbia, Guam, Puerto Rico and the U.S. Virgin Islands reached their RPAC fair share fundraising goal. - National Association of REALTORS®Are you working with a REALTOR®?

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 July 2010