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CONTENTS
Message From GAR Message from the President
Departments 6
8
10
Market Report Steady Market May Bring 20 Percent Improvent Over 2009 Real Estate News National Association of Realtors Visits Guam
By Christopher Felix CPM,CIPS,CCIM
Inside Back Cover
Feature Don’t Go Nuts! How to renovate your Kitchen
September 2010 • Vol. 3 • No. 9
without going crazy
16
From the Experts Realtor Etiquette, A Must!
18
Profile Just One of the Guys
P.O. Box 24881 Barrigada, GU 96921 Tel: (671) 472-3495 | Fax: (671) 472-3498 email: office@yellowpagesink.com
|Publisher|
Tomas Reyes lives a simple life, works hard for his family and gives his customers an honest
Julian T. Cooper-Nurse
|Business Sales Manager| Jay-R S. Dominguez
|Traffic/Circulation Manager| Josie Redmond
perspective.
|Production Manager|
How To D.I.Y. Fixing Leaky Tub & Shower Faucets
|Production Assistant|
Mark S. Burke
20
22
Curb Appeal Buyer Beware! Don't be Instantly Charmed by Curb Appeal
25
Who Ya Gonna Call?
26
Classifieds
28
Closing Guam Association of Realtors® Brokers: Protect Your Office and Your Agents
Lynda Young
|Graphics & Layout| Mark S. Burke • Jon Barnhart
|Editorial Contributors| Faye Varias Creative Services Christopher Felix Daniel Calvo W. Nicholas Captain Peggy Araullo Llagas Mark S. Burke
(Cover Photo: Mark S. Burke) CasaGuam is Published by:
W
ell here it is September already- seems like I just started using 2010 as the date and now I have to start practicing using 2011 in just 4 months! As I mentioned in my last month’s letter we’ve been getting ready for the visit from last year’s National Association of REALTORS® President, Mr. Charles McMillan at the end of August. As I write this article it still hasn’t happened yet but we are very excited and looking forward to this visit. He will be here for 4-days so I will be busy showing our beautiful island off to him and the other visiting dignitaries. Our real estate market remains slow as everyone is still awaiting for the final Federal government notice to proceed on the pending build-up. The official notice is called the ROD (record of decision) which may be signed as soon as this month! Once the ROD happens then the contracts and build up will start. I do expect things not to change much for three to six months and then certain markets like the industrial (warehousing) and executive level residential will start to take off with the rest of the residential market following soon thereafter. It sure seems like it no longer is “if the buildup happens” but rather now they are saying “when the buildup happens”. Some are predicting it will be like the late 80’s again with prices going up almost monthly and everyone working. Remember when the “for rent” section of the paper was less than a column long while the “for work” section was pages long- well look at the paper – it is getting there.
Guam Association of Realtors® The Voice for Real Estate on Guam
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 Dededo Century 21 Realty Management . . . . . . . . . .IFC
Tamuning
Tamuning
Century 21 Realty Management . . . . . . . . . .IFC
RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC
Century 21 Commonwealth Realty . . . . . . . . .15 E.C. Development Group, LLC . . . . . . . . . . . . .23
Hagåtña
Malojloj
Century 21 Commonwealth Realty . . . . . . . . .15 E.C. Development Group, LLC . . . . . . . . . . . . .23
Advance Management . . . . . . . . . . . . . . . . . . . . .5
Harmon
Advance Management . . . . . . . . . . . . . . . . . . . . .5 Century 21 Commonwealth Realty . . . . . . . . .15
Tamuning Century 21 Realty Management . . . . . . . . . .IFC Century 21 Commonwealth Realty . . . . . . . . .15 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC
Mangilao
Commercial For Sale
Alliance Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .3,5 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC
Sinajana Talofofo The Real Estate Professionals . . . . . . . . . . . . . . .5 Advance Management . . . . . . . . . . . . . . . . . . . . .5 Century 21 Commonwealth Realty . . . . . . . . .15 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC
Dededo For Sale By Owner . . . . . . . . . . . . . . . . . . . . . . . . .7 Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC
Hagåtña Century 21 Commonwealth Realty . . . . . . . . .15
Tamuning Century 21 Commonwealth Realty . . . . . . . . .15 Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . .17 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC
Tumon
Century 21 Commonwealth Realty . . . . . . . . .15
Advance Management . . . . . . . . . . . . . . . . . . . . .5 Century 21 Commonwealth Realty . . . . . . . . .15 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC
Merizo
Yigo
Mangilao
Advance Management . . . . . . . . . . . . . . . . . . . . .7
Mongmong-Toto-Maite
Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 Century 21 Commonwealth Realty . . . . . . . . .15
Century 21 Commonwealth Realty . . . . . . . . .15
Yona
Tamuning
Advance Management . . . . . . . . . . . . . . . . . . . . .5 Century 21 Commonwealth Realty . . . . . . . . .15
Century 21 Commonwealth Realty . . . . . . . . .15 Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC
Residential For Rent
Mangilao Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 Century 21 Commonwealth Realty . . . . . . . . .14
Agat Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC
Asan Century 21 Commonwealth Realty . . . . . . . . .15
Barrigada Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 Century 21 Commonwealth Realty . . . . . . . . .15
Dededo Century 21 Realty Management . . . . . . . . . .IFC Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .4 Century 21 Commonwealth Realty . . . . . . . . .15 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC
RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC
Inarajan
Mongmong-Toto-Maite
Alliance Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 Century 21 Commonwealth Realty . . . . . . .7,15
Mangilao Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .4 Century 21 Commonwealth Realty . . . . . . . . .15
Century 21 Realty Management . . . . . . . .IFC,5 Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .4 The Real Estate Professionals . . . . . . . . . . . . . . .5 Century 21 Commonwealth Realty . . . . . . . . .14
Merizo
Piti
Alliance Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3
RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC
Piti
Santa Rita
Century 21 Commonwealth Realty . . . . . . . . .15
RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC
Ordot-Chalan Pago
Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC
The Real Estate Professionals . . . . . . . . . . . . . . .5
Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 Alliance Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .3,5 Century 21 Commonwealth Realty . . . . . . . . .15
Tamuning
Santa Rita
Talofofo
Century 21 Realty Management . . . . . . . . . .IFC Century 21 Commonwealth Realty . . . . . . . . .14 Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC
Tumon Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .4 Advance Management . . . . . . . . . . . . . . . . . . . . .5 Century 21 Commonwealth Realty . . . . . . . . .14
Yigo The Real Estate Professionals . . . . . . . . . . . . . . .5 Century 21 Commonwealth Realty . . . . . . .7,14
Alliance Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 The Real Estate Professionals . . . . . . . . . . . . . . .5 Century 21 Commonwealth Realty . . . . . . . . .15
Mongmong-Toto-Maite
Alliance Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 Advance Management . . . . . . . . . . . . . . . . . . . . .5 Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC
Talofofo Century 21 Commonwealth Realty . . . . . . . . .15
Tamuning Century 21 Realty Management . . . . . . . . . .IFC Advance Management . . . . . . . . . . . . . . . . . . . . .5 Century 21 Commonwealth Realty . . . . . . . . .15
Tumon Century 21 Commonwealth Realty . . . . . . . . .15
RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC
Yona Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3
Agana Heights Century 21 Commonwealth Realty . . . . . . . . .14
Century 21 Commonwealth Realty . . . . . . . . .15
Agat
Asan
Alliance Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .3,5 Century 21 Commonwealth Realty . . . . . . . . .14
2 CasaGuam September 2010
Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC
Land For Sale
Yigo
Residential For Sale
Agat
Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3
Century 21 Realty Management . . . . . . . . . .IFC Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .4 Century 21 Commonwealth Realty . . . . . . .7,14 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC
Ordot-Chalan Pago
Advance Management . . . . . . . . . . . . . . . . . . . . .5 Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . .17
Harmon
Multi-Family For Sale
Dededo
Santa Rita
Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3
Century 21 Commonwealth Realty . . . . . . . . .15
RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC
Century 21 Commonwealth Realty . . . . . . . . .15
Piti
Century 21 Commonwealth Realty . . . . . . . . .15
Tamuning
Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 The Real Estate Professionals . . . . . . . . . . . . . . .5 Century 21 Commonwealth Realty . . . . . . . . .14
Century 21 Realty Management . . . . . . . . . .IFC The Real Estate Professionals . . . . . . . . . . . . . . .5 Century 21 Commonwealth Realty . . . . . . . . .14 Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC
Barrigada
The Real Estate Professionals . . . . . . . . . . . . . . .5
Barrigada
Ordot-Chalan Pago
Tumon Century 21 Commonwealth Realty . . . . . . . . .15 Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . .17
BC - Back Cover
Asan
Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .4 Century 21 Commonwealth Realty . . . . . . . . .15 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC
Titan Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 Alliance Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5
IFC - Inside Front Cover
The Real Estate Professionals . . . . . . . . . . . . . . .5 Alliance Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 Century 21 Commonwealth Realty . . . . . . . . .15 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC Today’s Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .BC
Dededo Dededo
IBC - Inside Back Cover
Barrigada
Century 21 Realty Management . . . . . . . . . .IFC
Commerical For Lease
FC - Front Cover
Century 21 Commonwealth Realty . . . . . . . . .14
Land For Lease Asan RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC
Alliance Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 Century 21 Commonwealth Realty . . . . . . . . .15 RE/MAX Diamond Realty . . . . . . . . . . . . . . . .IBC
Yona Century 21 Realty Management . . . . . . . . . .IFC Coral Sea Realty . . . . . . . . . . . . . . . . . . . . . . . . . . .4 Century 21 Commonwealth Realty . . . . . . .7,15
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Market Repor t
Significant Future Gains Projected Steady Market May Bring 20 Percent Improvement Over 2009
G
uam's real estate market held steady during the second quarter of 2010, which is on pace toward an estimated 20 percent improvement over sales activity in 2009. During the 2nd quarter of 2010, total islandwide real estate sales reflected $66.1 million, up slightly from the prior quarter, but up sharply from the first quarter 2009 low of $36.1 million. "The market has been extremely steady with monthly sales volume of around $20 million. That's the pre-bubble rate of sales activity, so we are expecting sharp gains after the massive military and infrastructure construction projects commence." noted Nick Captain, President of Captain Real Estate Group. "By mainland standards, a steady market is a healthy market. Although the past few years has witnessed an evaporation of Asian-based foreign investment, it will return", stated Captain. Private sector foreign investment is already returning, it's just not the big money from Asia, yet. Investment has been flowing into Guam from Hawaii, Alaska, the mainland and other locations. In the residential sector, single family median pricing has stabilized over the past year in the $210,000 range. Captain Real Estate's projected 20 percent increase in total single family residences sold this past quarter was reasonably accurate with 160 units closed. In the condominium sector, sales activity showed 20 percent growth but the median price dropped below $120,000. Commercial and industrial sales activity through 6 CasaGuam September 2010
By Nick Captain mid-2010 remains weak, although occupancy and rents are increasing.
Debt Rules The new game in Guam real estate is debt. Cash is not king, because debt rules and lenders reign. As the key to leverage opportunity (and risk), debt is now the critical component of most deals. As liquidity dried up and speculative property prices declined since 2007, properties acquired during the boom suddenly experienced equity squeezes. Now, foreclosure and debt sales activity dominate the major deal landscape. At the 2009 Micronesia Real Estate Investment Conference (MREIC) at Leopalace Resort on Guam, we said that the future market would be characterized by a "take a banker to lunch" mentality. So as 2010 evolves into the Year of Debt, towering statistics are rolling in. Annualized 2010 Guam real estate lending is down by $192 million, or 36 percent from 2009 (see chart). Among other financial industry fallout, Wells Fargo will exit Guam. Notable 2003 MREIC Investor of the Year Mr. Hee Cho stormed back to life this past quarter by acquiring the first mortgages under Talo Verde Estates and Hemlani's Marine Drive land from Nara Bank. The Hemlani land sold at $6.2 million at the peak, went through foreclosure and recently sold via auction credit bid at $3.3 million in July, a decline of nearly 50 percent. The Talo Verde note was paid in full at the recent closing, but the $25 million second mortgage holder Kumho, took a beating.
In Tumon, the buyer of the first mortgage (sold by FHB at a reasonable discount) secured by the Marriott Guam is working hard to salvage that hotel's future. And debt owners may prevail at Guam's latest abandoned (temporarily on hold, shall we say?) project, the four massive towers next to GMH. Debt holders including mostly Korean lenders are further controlling numerous peak 2007 deals including raw land and other abandoned projects. At the same time, off-island lenders are showing optimism in Guam; most notably via a Resona Bank secured nine figure megadeal with the Leopalace Resort owner (no, it's not for sale), closing the largest real estate mortgage in Guam's history.
Notable Deals In an unbeatable combination of debt, equity and connections, Talo Verde Estates luxury residential
project has finally fallen into new hands, sold to a group led by Harry Chang. Talo Verde's projected cost of $35 million compares unfavorably with its $19Âą million sale price. First Hawaiian Bank proved its leadership in lending again with an $11 million note on the deal. Other major deals this past quarter include 13 additional closings at The Laguna, the high-end lot subdivision at Pago Bay, at prices up to $476,000. In the condominium sector, nearly sold out Harvest Residences has been highly successful with a perfect combination of product and price. Michael Jury and partner acquired nine Pacific Gardens condominium units from the Guzman family at an indicated price of just $38,400 per leasehold unit. During the past quarter, only five condominiums sold at prices above $300,000 and just eight houses sold at prices above $400,000.
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Real Estate News
Representatives of the National Association of REALTORS® Visit to Guam
National Association of REALTORS® 2009 President, Charles McMillan addressing the members of the Guam Association of REALTORS® during their Annual/Election Meeting held Thursday, August 26th 2010 at the Hyatt Regency Guam.
In attendance at the Press Conference held Thursday, August 26th 2010 after the GAR Annual/Election are the following (from left to right): Guam Association of REALTORS® 2010 President, Christopher K. Felix, National Association of REALTORS® 2009 President, Charles McMillan; Guam Association of REALTORS® 2010 President-Elect, Anthony R. Godwin; Guam Association of REALTORS® Immediate Past President; Steffen T. Niu; National Association of REALTORS® 2010 Region 13 Vice President, Ann Petitjohn and Guam Association of REALTORS® 2011 President-Elect, Liz C. Duenas.
Meet and Greet Cocktail Reception held at the lovely residence of Chris and Rose Felix in Talo Verde. From left to right: GAR Past President, Louisa Wessling of BHI Realty; GAR Past President, Julie Paxton of Today’s Realty; GAR 2011 President-Elect, Liz C. Duenas of REMAX/Diamond Realty; NAR 2009 President Charles McMillan; GAR Past President, Judy Booth of Century 21 Realty Management; GAR 2010 President Elect, Anthony R. Godwin of Today’s Realty; GAR 2010 President, Christopher K. Felix of Century 21 Management Realty; NAR 2010 Region 13 Vice President, Ann Petitjohn; Mr. Richard Petitjohn; GAR Immediate Past President, Steffen T. Niu and GAR Past President Arnold C. Jose.
8 CasaGuam September 2010
National Association of REALTORS® Region 13 Vice President, Ann Petitjohn, sharing NAR’s member benefit programs and other initiatives to the members of the Guam Association of REALTORS® during their Annual/Election Meeting held Thursday, August 26th 2010 at the Hyatt Regency Guam.
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Feature
10 CasaGuam August 2010
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Feature
How to renovate your kitchen without going crazy.
Don’t Go Nuts
K
by Alex Salazar
Kitchen remodeling ups the value of your home if you’re planning to resell — but is it worth all the hard work? Unlike any other home remodeling project, kitchen renovation encompasses so many things — from the raw to the sublime, from the picayune to the important — that it can easily overwhelm even the most determined homeowner. On the other hand, a fine kitchen remodel instantly raises the value of your home, provides you with a more effective cooking space, and makes you the envy of all of your friends. So, before beginning this toughbut-rewarding project, ask yourself: 1. What Are My Needs and Desires?: Is your kitchen a disaster zone where you can’t even manage to boil an egg? Or do you just want to freshen the place up with new appliances, countertops, floors, and cabinets? A need might be: I need kitchen cabinets because my current ones are falling apart. A desire might be: I desire a new dishwasher because my current one is ugly and noisy, though it works perfectly well. 2. Is It Worth Putting Myself Through This?: Do you want work crews in your house for extended periods? Do you want to spend money and put yourself through this turmoil? While one of the more expensive home renovation projects, kitchen remodels retain their value well should you decide to sell your house. CasaGuam.com 11
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Feature 3. Deep-Down Renovation or Surface-Level?: Be honest. Is this a $85,000 full-scale kitchen remodel or a less ambitious surface-level kitchen renovation? No shame in either choice.
Demolition
Add Electrical System
This is the fun part. When you design your kitchen, you get to exercise your creative muscle while your house is still clean and in one piece. For ease of movement, plan your kitchen workflow around the classic kitchen triangle.
Something has to go. Something as small as those nasty laminated counters or as major as that load-bearing wall blocking the view of the living room. Kitchen materials may contain hazardous materials such as lead-based paint and asbestos, both of which require special handling. After that, you need to haul away the waste material and dispose of it. Waste stations may not accept hazardous materials, so you should first check up with them about acceptable waste.
Hire or DIY
Building and Repairing
You should have at least a 200 ampere service panel to power a modern kitchen. If you have less than this, you will need to heavy-up, or increase, your service capacity. This is a job best done by an electrician. Electricians most likely will abandon your old wires in favor of running new wires through the walls to power lighting and appliance circuits. If you are doing the work yourself, you may also find it easier to run new circuits than to deal with a spaghetti mess of old wires. Now the kitchen takes shape and begins to look like a kitchen.
You’re got great ideas. But how do you turn these ideas into reality? You can: • Hire a Contractor: Find a licensed contractor who deals extensively with residential kitchen remodeling. • Do It Yourself: Renovating the kitchen by yourself, you spend no money on labor charges but you may slow down your project as you learn skills necessary to remodeling. • Act as Your Own Contractor: A tempting option. You hire carpenters, electricians, plumbers, and other sub-contractors yourself and save the contractor’s high commission. But this puts a lot of work on your shoulders.
Depending on your new kitchen’s configuration, you may be taking on major construction tasks. Are you adding or replacing windows? Or removing windows to increase cabinet space? How about taking down walls to open up the kitchen to the rest of the house? Even minor kitchen remodeling may need joists strengthened to support heavier appliances or built-ins such as a kitchen island. If you’re doing the work yourself and learning as you go, this will be slow-going. Kitchen plumbing and electrical are not exactly trades you learn overnight. But if you’re using a contractor or hiring subcontractors, your head will spin at how fast experienced plumbers and electricians can do this.
You should apply for permits now. Permits must be obtained from different agencies. Your city or county may administer the electrical, plumbing, and building permits. Your water company may also need to permit any work relating to water supply and drainage. If a contractor is handling the renovation, he will obtain your permits. If you are doing it yourself, start by calling your local city or county permitting agency.
Rough-In the Plumbing
Designing
Your new kitchen may have a kitchen island with a sink or a refrigerator with an automatic ice-maker. Or you may decide to move the main sink to a different spot. In any event, it is almost certain that you will have increased plumbing needs. At this “rough-in” stage, new supply and drainage pipes are added for sinks, dishwashers, and refrigerators.
Flooring Kitchen floor is laid after the heavy work of building and painting to save wear and tear. Flooring Options: • Vinyl is the least expensive flooring choice and can usually be laid in one day. • Tile requires the application of cement backing board and must be adhered with mortar and then grouted. Each step requires drying time. Even with inexpensive tile, this flooring option can be costly because of the labor involved. • Engineered wood feels like solid hardwood (its surface finish is real wood), but it is fairly moisturetolerant. • Laminate flooring is a highly popular choice for kitchens because of its tolerance to moisture. Unlike engineered wood, laminate is scratch and dent resistant. • Solid Hardwood • Hardwood is less popular because water, if not quickly mopped up, can warp it. However, with proper care, it is a viable choice for the kitchen. Installers can lay wood in an average-sized kitchen floor in three days.
Cabinets Cabinet-hanging requires patience. Your local cabinet supplier should have work crews who can hang your cabinets, usually over a period of a day or two. If you are sub-contracting the work, any competent carpenter can do this job. Or you can do it yourself as long as you have an extra set of hands.
Countertops Whether ceramic tile, granite, marble, you must keep in mind basic tile design principles that have been around for 2,000 years. Or, you may choose to use man-made materials such as Silestone, Formica, or Corian. If so, it’s best to have specialized shops fabricate your countertop. Installation looks easier than it is. All counters must be level enough that an egg can rest on them without rolling off. It is impossible to level the countertops if the base cabinets were not installed correctly. You’re on the last lap. Now for a few last items to install. 12 CasaGuam September 2010
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Feature Sinks and Fixtures To this point, the plumbing was roughed-in. Now it’s time to set the sinks into the countertops and make final connections. Sink faucets and handles — the fixtures — are put in place and dishwasher hooked up.
Last Items Just when you think you’ve got it all, you’ll always find more items that need to be installed. Remember that the recessed light covers were left off so that the ceiling paint could dry? And the cabinet knobs on back-order just now arrived. HVAC filters were left off so they wouldn’t get clogged with construction dust. And what about all those outlet covers? You thought you were done. As always, a few last things to do.
Touch-Up Painting Inevitably, there will be scars and dings on your walls. So accept the fact that there may be spackling and touch-up painting to do even though the walls have already been painted.
Clean-Up A good contractor employs a housecleaner who specializes in building-related cleaning. If you’re doing it yourself, give yourself a breather and hire a housecleaner to clean your kitchen. Now, your kitchen is finished! Enjoy the new space and convenience, and feel good about having made one of the better home renovating choices. Source: About.com
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Homes & Condos
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E.Gayinero,Yigo $329K 3bd/2ba #10-2899
Machanao,Dededo $221K 4bd/3ba #10-2863
Machananao,Dededo $128K 3bd/2ba #10-357
Apusento Gardens Villa de Oro, Mang. $120K 3bd/2ba #09-1616 $140K 3bd/2ba #10-1737
Latte Hts.,Mangilao $215K 4bd/2ba #09-441
Kaiser,Dededo $218K 5bd/4ba #10-35
Dolores,Dededo $232K 3bd/2ba #10-2499
Machuate,MTM $225K 3bd/2ba #10-33
Alupang Beach Tower, Tam. Tecio Condo,Tumon $395K 3bd/2ba #08-281 $600K 3bd/3ba #08-1207
Perezville,Tamuning $625K 5bd/4ba #09-1332
Barrigada Hts.Barr. $750K 3bd/2ba #06-941
Bumuchachu,Dededo $360K 4bd/3ba #10-1652
Asentadu Villa-Tam $229K 3bd/2ba #10-1623
Barrigada $340K 4bd/2.5ba #10-1163
Perez Acres,Yigo $210K 3bd/1.5ba #10-428
Perez Acres-Yigo $249K 4bd/2ba #10-816
Agana Heights $189K 3bd/2.75ba #10-1773
Villa de Oro-Mangilao $140K 3bd/2ba #10-1737
Dededo $289K 3bd/2ba #10-1505
L
d
Anao Pt.,Yigo (New) $285K 4bd/3ba #10-2822
Spring Hill Sub-Yigo Liguan Terrace-Dededo $300K 3bd/2ba #10-2204 $225K 3bd/2ba #10-2191
Dededo $350K 4bd/3ba #10-1652
University Manor Condo-Man. $69,950 2bd/1ba #10-1601
Oceanview Tumon Condos $385K 3bd/2ba #10-1490
Agat $160K 2bd/1ba #10-1347
Liguan Terrace Ded. $185K 3bd/1ba #10-2340
Yigo $105K 2bd/1ba #10-2346
Liguan Terrace Ded. San Vitores Terrace-Tum. San Vitores Garden Condo-Tum. $275K 4bd/2ba #10-1110 $215K 3bd/2ba #10-918 $186K 3bd/2ba #10-898
Dededo $335K 3bd/2ba #10-835
Mangilao $263K 3bd/2.5ba #10-358
Santa Ana Sub-Dededo $128K 4bd/2ba #10-357
Dededo $232K 3bf/2ba #10-2499
Yigo $205K 3bd/1.5ba #10-2293
Dededo $165K 6bd/3.5ba #10-2961
Machanao-Dededo $200K 3bd/2ba #10-2054
C
Goring Villa-Yigo $129K 3bd/2ba #10-1724
i l &M l i F
il
Rt.15,Yigo $328K 3bd/2ba #10-2437
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RENTALS
Aurora St.Dededo - 4BR/2BA newly renovated- $1500/ 10-2521
Land (House Lot & Investment)
Chn.Saduc,Windward Hills,Yona - newly renovated & upgraded $1900/ *10-2534 Oka Tower,Tamuning - 3BR./2BA Luxury ocean-view condo $2400/ *10-2689
Barrigada $545K 4,171sm #10-987
Merizo $250K 43,837sm #10-622
Inarajan $80K 1,862sm #09-3714
Yona $85.5K 1,900sm #09-3329
Dai-Ichi Condo,Ypao Rd.Tamuning - 3BR/1BA $1250/ *10-2384 Villa Kolales,Tumon Beach - 3BR/2.5BA oceanfront condo $3400/ *10-2500 Pia Marine Condo, Upper Tumon - 2BR/2BA ocean view condo $2000/ *10-2578
Yigo $55K 1,417sm #09-3041
Macheche-Dededo $100K 1,730sm #09-2902
Asan $650K 7,984sm #09-1983
Yigo $55K 1,432sm #09-1144
Holiday Tower, Sinajana - 2BR/2BA ocean view condo $1950/ *10-2599 Alupang Cove Condo - 2BR/2BA oceanfront condo, renovated $2200/ *10-2621
Piti $498K 15,088sm #09-264
Mangilao $1.049M 10,000sm #09-206
Tumon $8,386,470 9,423sm #08-3021
Dededo $486K 4,460sm #10-2670
Las Palmas Ph.1,Dededo - 3BR/2.5BA townhouse $1500/ *10-2636 Alupang Cove Condo – Studio unit,oceanfront condo $1700/ *10-2622 Acho Tasi Condo,Tamuning - 3BR/2BA $1400/ *10-2727 Perez Acres,Yigo - 3BR/1.5BA townhome $1700/ *10-2944
Tamuning $700K 1,908sm #08-332
Ipan-Talofofo $575K 27,774.22sm #07-3850
Yigo $3,776,240 58,096sm #07-328
Tumon $29M 4,009sm #10-2342
Trophy Condo,Yigo - 3BR/2BA fairly new $1900/ *10-2821 Blue Pacific Lattice Condo,Tumon - 1BR/1BA oceanview condo $2000/ *10-2846 W.Espiritu,Tamuning - 3BR/2BA renovated $1550/ *10-2909
Dededo $1,202,920 14,152sm #10-2590
Laguina Estates Yona $68K 1,211sm #10-2656
Chn.Pago $30K 1,864sm #10-2890
Rt. 15 Yigo $180K 7,407sm #06-2108
Gayinero,Yigo - new 3BR/2BA duplex $1700/ *10-2732
Commercial &Multi-Family
Emelio Nededog, Agat - 3BR/2BA home $1900/ *10-2782 Deda Circle,Barrigada - Fully furnished studio $2000/ *10-2900 Scharff Apt.,Piti - 2BR/2BA along Marine Corps Dr. sec.8 OK $650/ *10-1221 Roy T.Damian,MTM $3M 30 Units #10-2721
Tamuning $4.5M 30,766sf #08-3898
Kim’s Apt Tamuning $1.2M 9 Units #10-82
Bradley Place Hagåtña $1.5M 18 Units #09-2306
Corten Lane,Mangilao - 2BR/1BA sec.8 OK $750/ *10-127 Pacific Towers,Tamuning - 3BR/1BA sec.8 OK $1254/ *10-1209 Horizon Townhome,Tamuning - 3BR/2.5BA- $1700/ *10-923
Carlos Heights Tam. $320K #08-2980
Hagåtña $1000/mo Office Space #10-2593
Hagåtña $6,270/mo Office Space #10-799
Dededo $4,395/mo Warehouse #10-1638
Pacha Dr.Ipan,Talofofo - 3BR/2BA almost new $2200/ *10-2118 Agafa Gumas,Yigo - 5BR/4BA newly renovated $3400/ *10-1026
Dededo $3000/mo 1,874sf #10-2122
Mangilao $350K 5 Units #10-2731
Tumon $2000/mo 976sf #10-1708
Tamuning $1,272.50/mo 727sf #10-1580
Umag Rd.,Agat - 2 storey 4BR/3BA, new, oceanview $5000/ *10-1927
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From the Experts
REALTOR® Etiquette, By Daniel Calvo A Must!
Realtor®, MBA, DBA, ABD Finance & Marketing
M
erriam-Webster defines etiquette “as the conduct or procedure required by good breeding or prescribed by authority to be observed in social or official life”. AREALTOR®being a working professional is subject to the Realtor® Code of Ethics. Moreover, aREALTOR®should also conduct themselves with a certain level of respect and sophistication for his/her clients/ customers/and colleagues. Real estate in Guam is a highly competitive industry with 400 realtors® and growing, you are sure to have a relative, friend, or acquaintance that is a practicingREALTOR®or is planning on obtaining real estate license. John Doe can become a REALTOR®, however; once he is in the industry, there is a certain level of respect he should oblige to his fellow REALTORS®, whom would expect from their colleagues. Having an understanding for theREALTOR®Code of Ethics is a must. Also, there is a certain level of etiquette that aREALTOR®must maintain towards his/her colleagues. Realtors® are sales driven individuals. Realtors®, especially newer realtors® have to also understand that there are invisible boundaries that must not be crossed, territories which must not be disturbed as well as respect for your competition which is imperative for your success as a realtor®. If one’s boundaries are crossed, or territory is disturbed or there is no respect for your competitor, then one will be working in a hostile environment that will eat you alive. Respect for your fellowREALTOR®is imperative for the real estate industry in Guam. So too is respect and etiquette for your clients and customers. AREALTOR®must understand that buyers and sellers seek a realtors® help for real estate
16 CasaGuam September 2010
guidance. With guidance comes fiduciary responsibility to your new client or customer. This is where etiquette is highly admired in a realtor®. Your clients and customers are your lifeline in this industry, without clients and customers, you as aREALTOR®may as well submit your disassociation letter and discontinue real estate in Guam. With Guam being such a small and close knit community, all aREALTOR®needs is one bad review to spoil his/her reputation. Etiquette, like a fine bottle of wine needs much care and attention, one cannot rush etiquette or it will seem rehearsed and half learned. The following is a list of some of what I believe is essential ingredients for properREALTOR®etiquette: I. Respect for the Public • Follow the "Golden Rule" - Do unto others as you would have them do unto you. • Respond promptly to inquiries and requests for information. • Schedule appointments and showings as far in advance as possible. • Call if you are delayed or must cancel an appointment or showing. • If a prospective buyer decides not to view an occupied home, promptly explain the situation to the listing broker or the occupant. • Communicate with all parties in a timely fashion. • Leave your business card if not prohibited by local rules. • Never criticize property in the presence of the occupant. • Inform occupants that you are leaving after showings. • When showing an occupied home, always ring the doorbell or knock - and announce yourself
• •
• • • • • • • •
loudly - before entering. Knock and announce yourself loudly before entering any closed room. Present a professional appearance at all times; dress appropriately and drive a clean car. If occupants are home during showings, ask their permission before using the telephone or bathroom. Encourage the clients of other brokers to direct questions to their agent or representative. Communicate clearly; don't use jargon or slang that may not be readily understood. Be aware of and respect cultural differences. Show courtesy and respect to everyone. Be aware of - and meet - all deadlines. Promise only what you can deliver - and keep your promises. Identify your REALTOR® and your professional status in contacts with the public. Do not tell people what you think - tell them what you know.
II. Respect for Property • Be responsible for everyone you allow to enter listed property. • Never allow buyers to enter listed property unaccompanied. • When showing property, keep all members of the group together. • Never allow unaccompanied access to property without permission. • Enter property only with permission even if you have a lockbox key or combination. • When the occupant is absent, leave the property as you found it (lights, heating, cooling, drapes, etc). If you think something is amiss (e.g. vandalism) contact the listing broker immediately. • Be considerate of the seller's property. Do not
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allow anyone to eat, drink, smoke, dispose of trash, use bathing or sleeping facilities, or bring pets. Leave the house as you found it unless instructed otherwise. • Use sidewalks; if weather is bad, take off shoes and boots inside property. III. Respect for Peers • Identify your REALTOR® and professional status in all contacts with other REALTORS®. • Respond to other agents' calls, faxes, and e-mails promptly and courteously. • Be aware that large electronic files with attachments or lengthy faxes may be a burden on recipients. • Notify the listing broker if there appears to be inaccurate information on the listing. • Share important information about a property, including the presence of pets; security systems; and whether sellers will be present during the showing. • Show courtesy, trust and respect to other real estate professionals. • Avoid the inappropriate use of endearments or other derogatory language. • Do not prospect at other REALTORS®' open houses or similar events. • Return keys promptly. • Carefully replace keys in the lockbox after showings. • To be successful in the business, mutual respect is essential. • Real estate is a reputation business. What you do today may affect your reputation - and business - for years to come. An important note that all perspective owners and buyers should seek when looking to employ aREALTOR®is the experience and the knowhow for selling, buying or renting your real estate. Owners, renters and buyers should keep in mind, when looking to employ a realtor®, it will be beneficial to yourself to choose aREALTOR®that is able to present him/herself as an ethical person coupled with proper etiquette.
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Profile
Just One of the Guys
By Alex Salazar
Tomas Reyes lives a simple life, works hard for his family and gives his customers an honest perspective.
T
hough most people who are in real estate one day hope to have their own firms, Tomas Reyes, Real Estate Agent for Today's Realty, said his dreams are simple – keep his family happy. “Real estate was always a dream for me even at a young age. I got my first taste of real estate while working with the Chamorro Land Trust Commission prior to becoming an agent,” Reyes says. “I helped families lease land for $1 a year for 99 years. Upon attending a local conference, I met Mr. Mark Zhao, an instructor at Westpac Institute of Management (now NEZPAC). Mr. Zhao said he could teach me how to make 'big money' as a real estate agent. I jumped at this opportunity to realize a lifelong dream.” However, his priorities are always for his family. He says his business motto is, “Work to live, not live to work. I believe at times we get too into our jobs that we neglect the true reason why we are working in the first place. I strive to provide for and keep my family happy.” He said that while working in real estate, he learned that the business is about establishing relationships with clients. “It's either you own several real estate properties or you know people that do. Being a shy boy raised in a middle class family down south, I was not surrounded by business men boasting about their real estate portfolios. Instead, I was literally surrounded by my grandpa’s vegetable farm and stray chickens. I had to adapt fast,” he says. He adds that he had to overcome being shy and learn how to build strong, trusting relationships with clients and customers, ensuring returned business and new business referrals. Reyes says it has been a rewarding experience. His most memorable moment was helping a homeless couple secure a lease agreement. “Rather than turn my head, I decided to help them. They had a blank check and a promise that they were receiving a monthly pension. Of course, I did inform the listing agent of the tenants’ situation, but the owner was very motivated to rent.” He says honesty is his policy. “If you do not want to hear the truth, I am not the agent for you.” In the next few years, he hopes to take his family on a trip to New Zealand or Australia and perhaps add a wooden deck to his home. When not working, he enjoys fishing, off-roading and tinkering with home improvement projects.
Real Estate Agent Today's Realty
Age: Family:
32
Wife: Erika Reyes; Daughters: Chyenn 14, Carrigan 9, and Layla 5
I think Casa Guam really IS Guam’s premier real estate publication. It is a high quality magazine filled with interesting and informative real estate articles and featured properties.
18 CasaGuam September 2010
“
“
Tomas C. Reyes Jr.
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H o w To D . I . Y.
How to Fix Leaky Three-handle Tub & Shower Faucets
By Mark S. Burke
with Guam Home Center
L
eaks are most commonly caused when valves are not closed completely. Over time, this allows water to seep past the valve seat, resulting in “pitting” of the seat. A small channel is formed in the seat and the washer cannot close against the seat properly. Thus, that annoying drip! If the constant dripping coming from the shower faucet or the high water bill from months or years of leaking is making you crazy, it’s time to remove those old washers and valve seats.
• You can now remove the valve stem assembly using a shower valve nut socket. Turn it counterclockwise. (Except in special cases, most valves, screws and bolts are tightened clockwise, an easy reminder is the rhyme “righty - tighty; lefty - loosey”!) Washer • After the valve stem is out, remove the washer from the end of the valve stem by removing the screw holding it in.
Above: Everything you need to fix that annoying leak!
You can get all the tools you need at your local home center and if you’re feeling particularly adventurous, you can buy a remodeling kit to replace all the valve parts with new ones. • Before you get started make sure to turn off the main water line. (located by your water meter) • Now, drain off remaining water by opening the faucet. If the water is still flowing, the main line is not turned off. • Remove the center cap of the handle with a small knife or screwdriver. They can be removed by placing the tip of a utility knife under cap and prying up. • With a screwdriver, remove the handle. Wiggle it back and forth until it comes off. • Remove the decorative plate (Escutcheon). If you are unable to remove it by hand, wrap electrical tape around the jaws of a pliers and use it turn the plate until it comes off.
20 CasaGuam September 2010
• Now you can reach the valve seat. It is located at the very back of the valve housing, remove the valve seat from the faucet by inserting a seat wrench, (that strange looking “L” shaped tool with the tapered ends), into seat. push the wrench firmly into the seat and turn counterclockwise.
• Take the stem and seat to a home center and buy a new washer and seat of the same size. When one faucet part is old enough to wear out, other parts will soon follow. If you going to fix one part of the faucet, you might want to consider buying a rebuild kit. • Remove any calcium deposits from the metal or plastic parts of the stem. Replace the seat and stem back into faucet, turning clockwise by hand until tight. (Never overtighten, it will cause you no end of grief later on!) • Attach the handle, and turn on the water. If there is chatter, the washer is loose. If water seeps out from around the handle, the stem retaining nut may not be tight enough. Just a quick turn of a wrench will usually cure it. You’ve done it! No more nasty, annoying drip, drip, drip! Congratulations, you’ve just saved some money and learned a new skill. Faucet repairs aren’t that hard if you just take your time and trust your inner plumber!
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Curb Appeal
Buyer Beware Don't be Instantly Charmed by Curb Appeal By Ed Kirkland You may have heard the familiar real estate jargon of, "curb appeal". There's so much information out there on how to enhance your curb appeal to attract buyers. But there's probably much less pertinent info on how to truly assess what is "good" curb appeal, from a buyers perspective. As a buyer although curb appeal might draw you in to go view a home, it's important not to get swept away by the pretty picture. Just as you would have the structure of house inspected, you'll also want to assess the landscaping in a similar way. Begin by investigating the general health of the plants on the property. Even if you're not an arborist, there are tell tales signs such as wilting, brown or dry crispy leaves that indicate a plant is suffering. Also look for fungus or mushrooms at the base of trees, which can be a sign of poor tree health. Also with trees, you'll want to look into the placement of the tree limbs. Make sure limbs aren't obstructing power lines or the chimney. If there are such complications, assess how much pruning you'll need to do to repair the problem and whether or not such a prune will drastically effect the health or the look of the tree. Likewise you'll want to ensure that foliage isn't too close to the home's exterior. Such a situation can provide an ideal shelter for rodents and insector delicados to hide from predators, or to slip into the home. Also shrubs can rub up against the house and cause damage to the siding. For all these reasons, plants, trees and shrubs should all be a good distance from the home's exterior. 22 CasaGuam September 2010
It's equally important to look for problems underfoot–for nasty root systems that may not be initially visible. You can sometimes see evidence of this through cracks in the sidewalks or driveway, where roots have cracked through the concrete. A depression in the yard, could be the sign of a leaking sewer line due to root interference. These are all things to keep an eye out for–right from your first walk through. In terms of the elements that make up any home's landscaping, you'll want to assess not only their form and condition, but also their function. What purpose do they serve? Are they merely decorative space filler, or do some aspects provide shade where needed? Is the deck placed in a spot that is advantageous to the sun, or to a
particular view, or does it seem like a project slapped together without much thought? Are there areas that are landscaped for sitting, for gardening or for other particular purposes? As best you can, imagine yourself making use of the different areas outside, and truly decide how much of the designed space, has been designed with function in mind. Assess how the house is situated on the lot. You don't want rainfall to be able to follow a downward slop toward the foundation. This could spell out potential flooding something that is best to
avoid all together. Although a deck is not a living component of the landscaping it's equally important to assess its value and construction. A deck is often one of those DIY projects, so you'll want to ensure it was done right. Make sure it's fastened correctly to the house and is well supported. A good deck should have a railing for people to hang onto and balusters should be no more than 4 inches apart. Again, it's important as a buyer to know the difference between curb appeal and "good" curb appeal.
About the Author: Ed Kirkland is a REALTOR® in La Veta, Colorado. Search for La Veta, CO real estate at LaVetaForSale.com. Article Source: http://www.articlesbase.com/real-estate-articles/buyer-beware-dont-be-instantly-charmed-by-curb-appeal-463273.html
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MARKETPLACE
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Who Ya Gonna Call
E DWIN “E D” G. K IPPENHAN
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Classifieds Commercial Rentals CHALAN PAGO Commercial space for rent. Approx 2155 sq ft. Ideal for laundromat, bakeshop, video store or retail business. Asking $2,500/mo. Please call ANGIE @ 727-2228 Commercial space for rent. Approx 850 sq ft., video store or retail business. Asking $850/mo. Please call ANGIE @ 727-2228
Hagatna 3rd Floor Residential and 2nd floor commercial space available. Walking distance to restaurant, courthouse and banks! Call DEE @ 727-3777
Dededo
Fountain Plaza for Rent: Finally prime commercial space in the much desired Fountain Plaza. Own your very own business amongst the likes of many long time established busibesses already patroning this plaza. Where can you go wrong, San Vitores road frontage with ample space, there are no lossers and YOU are the winner. Asking $2,700/mo. Please call DANIEL @ 687-5422 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
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
Tamuning Tamuning – Oka Plaza Commercial Offices -Unit 201 is a choice location on the 2nd floor. Rental space can be larger by joining adjacent offices w/ pass thru door. Basic rent for #201 is $810 plus caf of $121.50( .15 cent per sf). Full back up generator. After 1 week, tenant to share cost of operating generator$810/mo. Please call 637-7165 / 688-0887 / 689-3333
Tumon Upper Tumon: Young's Plaza: Maximum exposure! For less than a $1/sq ft you can have your office along prime Marine Corps Drive frontage! Corner of Route 1 and Hamburger road. 2nd floor unit. Asking $800/month. Call EVELYN @488-2703 Royal Orchid Hotel for Rent: Have you thought of owning a business? Well how about running your very own business in the lobby of a hotel? Here is your chance, rent this corner unit located in the Royal Orchid Hotel, former Tony Roma's restaurant. With arched windows throughout the unit, this space will make an excellent romantic restaurant or an upscale office space. You choose. Asking for $6,000/m. Plaese call DANIEL @ 687-5422 26 CasaGuam September 2010
Business opportunity: Restaurant for sale on one of the island's busiest thoroughfares. Asking $50k. Call GREG @ 777-6441
Asan 3bd./2ba. Ocean Views Newly Renovated - All ceramic tiles. New a/c's. Asking: $1,900.00/mo. Call FRANK @ 479-4663
Barrigada Barrigada – Tri-plex - 2b/1b, 1st floor w/ yard. $850/mo. – Sec. 8 ok. Please call 637-7165 / 688-0887 / 689-3333
Chalan Pago Flora Pago Gardens Condo. Security, Pool, BBQ area, Minutes to hospital, , Agana Shopping mall. Asking $1700/mo. call PAT @ 727-4728 Flora Pago Condo - Awesome 2bd/1.5ba unit w/a redone kitchen, ceramic tiles on the first floor & Berber carpet from the stairs to the 2nd floor. Swimming pool on the grounds. Basic cable, telephone and internet also included. Asking $1700/mo. Please call JEFF @ 777-2227
Dededo
Tamuning Business opportunity. Event planning business for sale in a great location. Asking $40,000. Call KAMAKA for more info @ 689-2553
Upper Tumon BUSINESS FOR SALE : Located in a very popular business and food establishment, you'll love the ambience and the look of this business for sale. Equipped with everything to run a restaurant, this business opportunity awaits you. Asking $75,000. Please call SHAWNTEL @ 483-8776.
Dededo – 2br / 2ba Ester Gdn(formerly Ester Villa) Apt is near McDonalds NCS and Finegayan Elementry School. This is a must see complex with nice floor plan, central a/c, accordian typhoon shutters, refrigerator, stove/oven, washer & dryer. Sec 8 OK with one month fully paid security deposit & utilities in tenants name. Shows Very Well.$850/mo. Please call 637-7165 / 688-0887 / 689-3333 Great spacious house located near Paradise Estates. 5bd/3bth. Section 8 okay with full security deposit. Call 646-9870/1
Residential Rentals
3Bd/2Bd/1Bd located near schools/church/store and front of park Semi-Furn. Sec.8 & Military OK. Pls. leave message at 632-1200
Agana Heights
Mongmong-Toto-Maite
Agana Heights - Renovated and upgraded duplex 2br /1 ba, shutters, new ceramic tiles. Excellent condition. Asking $850/month. Please call 637-7165 / 6880887 / 689-3333
Maite – 2b/1b, 2nd floor, near Shop – 4Less. $850/mo. – Sec. 8 ok .Please call 637-7165 / 688-0887 / 689-3333
Agat 1br / 1ba house, close to schools, stores, beach and church. Asking $600.00. Call 649-8265 or 888-7447 3 bedroom / 2 ba house, close to schools, stores, beach and church. Asking $1250.00. Call 649-8265 or 888-7447
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
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/month. Call DEANNA @ 688-2855. MLS 10-1400
Tamuning 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 Tamuning home with 5bd/5ba, 4,000± 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
Piti
Tumon – Dai-Ichi Condo – 3b/1b, 3rd floor. $1,300/mo. Section 8 OK. Please call 637-7165 / 688-0887 / 689-3333
2br/1ba apt close to Port Authority of Guam , NavSta, Polaris, store, church, park and beach! Ocean Breeze Apartments $600. Call 649-8265 or 888-7447
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
Asan Asan Beach House Newly Renovated, Fresh paint and ceramic tiles. Asking: $2,200.00/mo. Call FRANK @ 479-4663
Talofofo
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Classifieds 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
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
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
Chalan Pago
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 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
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
DEDEDO Newly built Dededo home with 3bed / 2ba house with car covered garage, typhoon shutters, ceramic tiles, nice kitchen, fenced and gated. Asking for $219k. Please call MYRNA @ 488-0144 Las Palmas Phase I Great 3bd / 2.5 ba Townhouse style condo. Great for first time home buyer or investor. Complex includes Pool, playground, BBQ cabanas and night security. Asking $195,000. Please call DEANNA 688-2855 Dededo Villa Rosario Condo 3bd/2ba 3rd Floor located beside pool Great Investment - Pls call 632-1200 Dededo Multi-Family House / Good Investment located front of Dededo Mayor's Office/Park & Library Fully Occupied w/ Tenants - Great Neighborhood in a Gated and Corner Lot For Qualified & Serious Buyers Only! Pls leave message Ph: 487-1862 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 Dededo house with 3bed/2ba, fully fenced, income producing and lots of potential. Asking $185,000. Please call ANGIE @ 727-2228
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
Mangilao Latte Heights House with 3 bed / 2 ba, ideal location with carport, fully fenced, gated, spacious yard with patio. Asking $200,000. Please call ANGIE @ 727-2228
Baza Gardens - $169,000 - Best Deal! 3 BR 2BA corner lot home in great condition - call for details...Asking $169,000. Call LIZ @ 687-0911Land For Sale
Land For Sale
Mongmong-Toto-Maite
Chalan Pago
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
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
Ordot 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
TALOFOFO Talofofo Homes for Sale: Great starter home on large lot with fruit trees. Outside kitchen and laundry room with metal roof attached to house. Asking $85,000. Call LIBBY @ 686-2627
Chalan Pago LAND FOR SALE Great Investments with Lots of Potentials Near Front Road Zone C More than an Acre Size Lv Msge 632-1200
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
Tamuning 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
Yigo 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
Yona Winward Hill Estates: Lovely 4 bedrooms / 2.5 ba with beautifully upgraded kitchen and bathrooms, nicely appointed living & dining spaces & bedrooms. Large, well maintained yard with lots of gorgeous plants, flowers, trees and a cozy verandah & spacious tool shop in the middle of it all! Come see this beauty in Yona. Asking $289,000. Call MARILOU @ 988-5600 Baza Gardens 3bd./2ba 1,600 s.f.Extended with game room. Asking $175,000.00. Call FRANK @ 479-4663
Inarajan Land : This bankforeclosed lot is cleared and ready to build with houses nearby. Title to be transferred via Quit Claim Deed. Asking $36,225. Please call LIBBY @ 686-2627
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 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
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Closing
Message from the Executive Officer By Peggy Araullo Llagas
Brokers: Protect Your Office and Your Agents Below are some recommended safety techniques for real estate brokers from REALTOR® Associations, police and other sources. Implementing some or all of these actions can help you make REALTOR® safety a prime concern for your employees and agents. • Create an office safety plan. Appoint one individual as a safety coordinator to oversee, maintain and enforce the plan. Require everyone in your firm to know and understand the safety policies and procedures. Make it a top priority. • Assign an office safety contact and several alternates. If your office has a full-time receptionist or clerical assistant, this person is an ideal choice. However, encourage your agents to call 9-1-1 in an emergency or if they perceive that they are in danger. • Require salespeople to report their whereabouts to your safety contact, and establish safety call-in procedures. Mandate the use of the buddy system. Create and communicate distress codes, making sure that all employees and agents not only know what they are, but exactly what to do when they hear them. • Don’t forget workplace safety procedures for the office. Use a registration book for all clients and other visitors, and check their information against a photo ID. Establish a secure location to which employees can go in a dangerous situation. Make sure private areas of the office aren’t accessible to strangers. • Ensure that someone is responsible for being aware of your agents’ whereabouts whenever they work offsite. Consider personally visiting or calling the open houses where your practitioners are working.
Guam Association of Realtors®
-National 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 September 2010
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