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CONTENTS
Message From GAR
Departments 4
Market Report Overall Sales Volume Up from 2010
7
In Our Community REALTOR® of the Year
8
Feature Look to the Web
10
GAR Workforce Housing Opportunities Program New Website
December 2011 • Vol. 4 • No. 12
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On the Cover Chalan Pago Choice
P.O. Box 24881 Barrigada, GU 96921 Tel: (671) 472-3495 | Fax: (671) 472-3498 email: office@yellowpagesink.com
12
Our Environment Be a Greasebuster and Help Keep our Island Green & Clean
18
Profile Suki Sul Helping People
19
Home Finance The VA Guaranteed Home Loan
|Publisher| |Business Sales Manager| Jay-R S. Dominguez
|Display Advertising| Darrell T. Pereda Doris Pangelinan John Mendiola Vince Cruz Emily Untalan
|Traffic/Circulation Manager| Josie Redmond
|Production Manager| Mark S. Burke
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How to D.I.Y. Keep a Cut Christmas Tree Fresh From the Experts Supply & Demand Contractor’s Corner Highlight on: Hawaiian Rock Who Ya Gonna Call? Classifieds Closing Guam Association of Realtors® Homeownership Still Matters
|Graphics & Layout| Mark S. Burke Edwin Valencia
|Editorial Contributors| Faye Varias Creative Services Anthony Godwin W. Nicholas Captain Peggy Araullo Llagas Shaina Santos Angela Rosario (GRESCO) Steve Nix Elmore “Moe” Cotton Calvin Hernandez Cover Photo: Mark S. Burke CasaGuam is Published by:
Message from the President By Anthony R. Godwin e-pro®, CRS®, ABR®, ASP®, AHWD®, REALTOR®
I
t all started with Thanksgiving! Now we are heading to Christmas and then New Year celebrations! We, in Guam have much to be thankful for this year. I’ve been travelling the past few weeks around the US mainland speaking with real estate brokers, family and friends. Much of the mainland marketplace is still on a very long road to recovery. Many brokers told me the magic number for home ownership in most markets is now in the 250k to 300k range. There are many good opportunities for second home ownership all over the country… Florida, for example, has thousands of condominiums that need to be marked sold. Here on Guam our banks were much more conservative so we did not end up with the troubled loans that our mainland friends are still dealing with. Our average home price still floats around the $250k range… much like the rest of the country. The National Association of REALTORS® installed a new leadership team which went to work immediately. Maurice “Moe” Veissi, a REALTOR® from the state of Florida is the new NAR 2012 President. Soon Guam will be installing our 2012 leadership team with Elizabeth C. Duenas as our 2012 President. She will be joined by a fantastic team of REALTORS® that you will hear more about in the next issue of Casa Guam. I would like to take this opportunity to thank the 2011 leadership team as we wind down this busy year. We accomplished much as Guam’s voice for real estate! We have kept to our mission to make home ownership matter. Merry Christmas and Happy New Year to all. Celebrate Family. Seize the day!
GUAM ASSOCIATION OF REALTORS® The Voice for Real Estate on Guam Suite 236A Julale Center 424 West O'Brien Drive, Hagatna, Guam 96910 Office: (671) 477-4271 • Fax: (671) 477-4275
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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By Nick Captain
Market Repor t
A
Overall Year to Date Sales Volume Up 28 Percent From 2010 Guam Median Housing Price Hits New Record
ctivity Update – Overall year to date real estate sales activity on Guam reached over $165 million and increased by 28 percent compared with the first half of 2010. The second quarter of 2011 reflected yet another median price record for a Guam single family house at $268,000, up a remarkable 26 percent from the same period in 2010. The median price increase reflects a combination of more new homes sold, plus a rebound of activity in the high end residential sector. Second quarter single family housing unit sales reached over 150 units and reflected a sharp increase of 31 percent from the first quarter. In the condominium sector, the median price reflected $142,000 during the second quarter of 2011, up 19 percent from the year earlier period. The overall increase in mid-year sales activity occurred despite the sharp 37 percent decline in quarterly sales volume during the second quarter, due primarily to a dearth of high priced deals. The Guam real estate market reflected islandwide sales volume at around $20 million per month during the second quarter of 2011, roughly the same transaction volume during the year earlier period. Major transaction activity was minimal during the past quarter with only one sale priced over $2.0 million during the entire three month period, highlighting extremely weak foreign investment activity. Although 2011 second quarter figures reflected only 40 percent of the peak $160 million achieved during the second quarter of 2007, sales remain roughly double the second quarter sales volume reflected during the four year period from 2000 to 2003. The impact of negative weak foreign investment reversed the three year trend of second quarter sales volume growth. Except for the market bottom in the first quarter of 2009, the latest period reflected the second weakest quarterly sales volume in five years. Single family housing sales have been remarkably stable with between 140 and 160 units sold quarterly, relatively consistent since mid-2003. During the second quarter, nine single family houses sold at prices above $500,000 and five condominium units sold at prices above $300,000, as the high end residential sector continues to recover from recent lows. Notably, recent land sales reflected strong unit rate prices with an Agana site achieving nearly $500 per square meter, a recent record for land outside of Tumon. There were land sales along Marine Drive, Ypao Road and even Tumon Heights Road that reflected unit rates above $300 per square meter during the second quarter of 2011. Overall, Guam’s real estate market through the first half of 2011 remains in recovery from the anemic market conditions reflected following the financial market meltdown in 2008. The second quarter of 2011 reflected growth in several important sectors including single family dwellings sold. Although a lack of foreign investment contributed to second quarter sales volume shrinkage of 37 percent, year to date sales reflect 28 percent growth compared to 2010. Captain Real Estate expects to see a continuation of this volatile cyclical
activity in the near term as lenders struggle to find buyers that qualify with stricter requirements, foreign investors remain skittish, and mixed signals continue to dominate the proposed military build-up. Although market conditions remain tenuous, we haven’t witnessed any type of mass market exodus or explosion of foreclosure activity that caused prices to collapse in the early 2000s. Properties priced at market levels continue to sell, as evidenced by the recent Tamuning Industrial Park transaction and the growing number of high end residential sales. Sellers looking at 2007 and 2008 as price indicators may be challenged to move real estate in the near term, although the recent commencement of Mamizu funded military build-up activity, low interest rates and an extremely weak U.S. dollar lend favorably toward more optimistic projections, as well as the eventual return of foreign investment. While the short term outlook is generally weak, investors appear focused on potential mid and long term growth associated with the build-up.
**The recent Captain newsletter included third quarter 2011 foreclosure-related sale prices at Talo Verde, Guam's premier residential subdivision. Some readers assumed that these prices reflected open market sales, which they did not. Department of Land Management records reflect prior 2011 Talo Verde sales at prices from $600,000 to $850,000, and prior year sales from $670,000 to $876,000. 4 CasaGuam December 2011
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In Our Community
REALTOR® of theYear
Layla Raymanova, an Agent with Century 21 Commonwealth Realty was elected REALTOR® OF THE YEAR by the Guam Association of REALTORS®. The REALTOR® OF THE YEAR award is an incentive award. In addition to her work in obtaining the IRA Gribin Grant of $50K for the Guam Association of REALTORS®, working with Habitat For Humanity helping provide families with homes and various other community projects, it was Layla's idea to adopt three Dededo Bus stops, which were cleaned of debris, had graffiti removed, were nicely painted with GAR logos and are still being maintained by GAR Members. Layla is a GAR Director and she doesn’t just “talk the talk”, but she “walks the walk” by showing up for work ready and willing to get dirty with the working crew. Layla was nominated for her leadership on the IRA Gribin grant project. She has been on the board and committees for many years and has always been very giving of her time. She and her team's efforts in obtaining the IRA Gribin Grant for the Guam Association of REALTORS® was an accomplishment that will be a benefit to our community as well as the Guam Association of REALTORS®.
Layla Raymanova REALTOR® of the year CasaGuam.com 7
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Feature
To some, homeownership may seem like a foreign concept that isn’t financially achievable. But thanks to the Ira Gribin Workforce Housing Grant, the Guam Association of REALTORSŽ is in a position to help more people become homeowners.
8 CasaGuam December 2011
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Feature
Look to the Web... Guam Association of REALTORS® Workforce Housing Opportunities Program launches Website By Faye Varias ith this grant, the Guam Association of REALTORS® (GAR) has created the Workforce Housing Opportunities program, which aims to provide education for consumers and REALTORS®, start a public awareness campaign to inform residents about programs available to them, as well as create a Web site to which people can refer anytime. In this day and age, people usually look to the Internet when starting to look for any type of information. Unfortunately, there aren’t many online sources when looking for housing programs in Guam. The Workforce Housing Opportunities program aims to change that. “This program is instrumental to helping people in Guam achieve the dream of homeownership,” says Peggy Llagas, executive officer of the Guam Association of REALTORS®. “It aims to show that you don’t need to be wealthy with a lot of disposable income in order to own a home.” She further adds that there’s a slew of resources available, but not too many people know about them. With the launch of the program Web site, www.guamhousingprograms.org, the organization hopes to bridge that gap and spread the word to more people about what’s available to them.
W
Guam Housing Programs Page Aside numerous do’s and don’ts as well as checklists when buying a house, the Web site contains a page specifically for resources available locally. Below are some of these programs.
Guam Housing Corporation I.
Regular Loan Program This is a residential mortgage lending program to assist families and individuals who are first time homeowners and are unable to obtain financing for purchase or construction through conventional lending institutions. Interest rate is prevailing rate for a term of fifteen years to thirty years.
II.
Six Percent Loan Program This is a low interest rate residential mortgage loan program to assist families and individuals who are first time homeowners and are unable to obtain financing from conventional mortgage lending institutions. Interest rate is 6.00 percent for a term of 30 years.
III. Community Affordable Housing Action Trust (CAHAT) This is an interest free second mortgage designed as a down payment assistance program for first time homeowners for families and individuals who lack the down payment resources to purchase or construct a typhoon-resistant home. Enabling legislation is Public Law 21-99. The term for the loan is 30 years. IV. Leverage Loan Program The Rural Housing Loan Program is designed to:
Guam Housing and Urban Renewal Authority I. HOME Program HOME is a grant provided by the U.S. Department of Housing and Urban Development. GHURA administers the grant on behalf of Guam. HOME grants fund a wide range of activities that build, buy and/or rehabilitate affordable housing for rent or home ownership or provide direct rental assistance to low-income people. HOME is designed exclusively to create affordable housing for low-income households. The program's flexibility allows States and local governments to use HOME funds for grants, direct loans, loan guarantees or other forms of credit enhancement, or rental assistance or security deposits.
• Provide loans to assist eligible persons who will live in rural areas with an opportunity to own a home that would provide a decent, safe and sanitary living environment for its occupants. • Joint financing with Rural Development for a 100 percent financing with low interest rates. Term of the loan is 33 to 38 years for RD financing. Construction of dwelling on Chamorro Land Trust property is also eligible (Dededo properties are ineligible under this program). For more information on Guam Housing Corporation Loan Programs, please call 671-647-4143 or visit the GHC office between 8 a.m. and 5 p.m., Monday through Friday at the 5th floor of the ITC Building.
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On The Cover
Chalan Pago Choice Brand New House in Chalan Pago Check out this brand new house with loads of space & great possibilities in a quiet neighborhood. Very spacious! Plenty of yard space for hosting small family gatherings or large parties. Asking: $499,000 or for rent at $4400 per month. If you’re interested, please contact Hana Hong at 777-3660.
647-5003 remco@guam.net www.guamproperties.com
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Our Environment
BE A GREASEBUSTER AND HELP KEEP OUR ISLAND GREEN & CLEAN By GRESCO e all know we’re not supposed to pour used cooking oil, bacon fat, or other grease products down the drain, but we do it anyway. And GRESCO knows it happens anyway because we are often called to open kitchen drains when they get clogged, and remove globs and globs of solidified cooking grease. We recently replaced some kitchen pipes for a remodeling project and peered through a section of drainpipe after it was removed. A layer of solidified oils and fats had reduced the width of the pipe to only 3/4 of an inch. It was only a matter of time before a small piece of food lodged itself in the grease and caused a clog! Even if you run lots of hot water and soap down the drain while pouring the oil, it’s still going to collect on the pipe walls and turn into a sludge that is hard to remove from your pipesoften requiring high-pressure water jetting. But if we’re not supposed to pour greasy and oily substances down our drains, then what do we do with them? Here’s what you can do: Keep a sealable container like a peanut butter jar or pickle jar (either glass or plastic if you’re afraid glass will break) near your sink, and after the oil has cooled enough (especially if you’re using a plastic bottleyou don’t want to melt the plastic), carefully pour
W
the grease into the jar. When the jar is full you can throw it in the garbage if it’s small, or drop it off at any one of GRESCO’s locations.* You can also use the grease in a compost heap if you have one, or take it to our local landfill. Contact Guam Waterworks Authority or Guam EPA for more information on how to properly dispose of used cooking oil and grease. During the Great Depression, families would often re-use their cooking oil several times before discarding it; and during WWII, families used to save their bacon fat in jars and donate them to the war effortwhere factories would use the fat to create glycerin for explosives. Today, you can still use your cooking oil more than once if it was lightly used and you strain it through a fine mesh strainer or cheesecloth. GRESCO has developed a recycling program and drop-off points for used cooking oil to be safely disposed of and recycled as fuel. Each household is allowed to drop off up to five gallons of used cooking oil per month; free of large food particles (bones, solid fat particles, etc) and other debris such as paper, plastics, and Styrofoam, at any of our several locations throughout the island. Be a GREASEBUSTER and help keep our island green and clean.
TO HELP STOP FOG 12 CasaGuam December 2011
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Agat $31K
Barrigada $305K
Live close to the beach in Agat on this bank foreclosed lot. Total area is 1801sm but has a net area of 1224sm.
MOTIVATED TO SELL! 3-br/2-ba with family room. Landscaped. Upgraded kitchen and living room.
MLS# 11-3892
MLS# 11-3486
Patricia Feore
Libby Pier
686-2627 REALTOR®
lpier@remaxguam.com
Yigo $2,100/mo Fully furnished and renovated Perez Acres unit. Remodeled Hansemm kitchen with corian countertops. Move-in ready!
MLS# 11-4098
Stunning ocean and city views from every room of this condo. Enjoy city living on a tropical paradise.
Dededo $1,100/mo
MLS# 11-4364
Mangilao $89K This is a great affortable unit for those needing something centrally located. Near University of Guam,Guam community college, high schools and churches. Perfect for students and teachers. The complex has a swimming pool, playground area, laundry facilities and assigned parking.
MLS# 11-4306
Tamuning $1,600/mo You will enjoy living is this centrally located first floor renovated unit in Tamuning. This spacious unit also includes a separate den/family room next to master suite. Extra high ceilings in living/dining area.. Great amenities,huge balcony(length of complex),mail box and pool.
MLS# 11-4386
Yogita “Payal” Deanna Palmer REALTOR Hemlani 688-2855 REALTOR dpalmer@remaxguam.com 482-5263 ®
®
Coleen Blas
727-6902 REALTOR®
cblas@remaxguam.com
www.coleenblas.com
Brand New affordable 3 bedroom 2 bathroom home with carport. Property is fully fenced and includes typhoon shutters and A/C units.
MLS# 11-3176
Jump at the opportunity to own this GREAT 4 bedroom 2 bathroom starter home in an established neighborhood.
Near AAFB, Ypaopao Phase 2. This 3 bd, 2 bath rental is next to the park in this neighborhood. Stainless kitchen appliances, new paint and ready for you.
phemlani@remaxguam.com
Dededo $1,900/mo Las Palmas, Townhouse. This Complex includes Pool, Tennis Court and Playground A 3 bd 2.5 ba 2 story unit in great condition and ready for you
MLS# 11-3023
Tamuning $2,000/mo Oceanview Unit, 2 bd, 2ba all ceramic tile in great shape. Great Owner, Nice Unit...Let’s make a rental deal!
MLS# 11-4053
Santa Rita $450K
Yona $160K Ordot Chalan Pago $235K
pfeore@remaxguam.com www.guamrealestatedeals.com
Yigo $2,100/mo
This 2 bedroom townhouse is exceptionally spacious, upgraded and partially furnished. Upgrades include new kitchen counters,new fixtures,stainless steel appliances,fresh paint and much more.
MLS# 11-4458
688-6989 REALTOR®
Tumon $375K
MLS# 11-4285
Tumon $2,200/mo Enjoy the conveniences of living in the heart of Tumon with walking distance to beaches, shopping, and restaurants! Schedule to see this 3 bedroom 2 bathroom condo today.
MLS# 11-4116
MLS# 11-3477
Barrigada
IF you are looking for MLS# 11-3816 $75K something simple, this You could not dream of a would not be it! 5,600+ Yigo better location! Barrigada on sm of land, over 3,000sf $2,150/mo the way to Admiral Nimitz Gina Campos of living space. Well maintained Golf Course. R2 zone, 6bd/4.5ba home in Assoicate Broker 4bd/2bath home in the fronting a paved road with Santa Rita! heart of Marianas utilities off Cepeda Way. 687-8885 Terrace, Yigo. Minutes gcampos@remaxguam.com to AAFB!
MLS# 11-4465
MLS# 10-2666
Ipan Villa for Lease $3,000/neg
Ordot Chalan Pago $40K Lot is located in quiet area. Homes near by. Owners are negotiable. MLS# 10-4243
Irene Cruz
797-2109 REALTOR®
Jackie Perez
777-4289
Wake up to glorious sunrises in Casa De Oro. Enjoy cool island breeze from all levels of this villa style retreat; take a 2 min. walk to the beach in this safe, tranquil southern village. Mid-level: living & dining area, w/large kitchen; breakfast bar,ample cabinet/storage & pantry space; laundry room, 1/2 bath & 2 car carport. Step up into family room, flanked by 2 bedrooms, a bathroom & outdoor balcony. 3rd level: master suite w/walkin closet, bath,& private balcony. Laundry chute in 2nd & 3rd flr bathrooms for your convenience on washdays!
MLS# 11-4276
Talofofo $2,200/neg
REALTOR®
Yigo $50K
icruz@remaxguam.com
Great corner lot in quiet neighborhood. Build your home here! Power and water close by. MLS# 11-573
jperez@remaxguam.com
MLS# 11-4410
Spacious cliffline home overlooking the luscious green landscape into the ocean below. With windows & doors open, the cool breeze from below blows right through the house! Open floor plan, large rooms, master w/ walkin closet & bathroom, closets w/ built in shelves, lots of storage throughout the house! Bonus attached & enclosed HUGE outside kitchen & laundry w/ bath/shower.Yard has fruit trees & lemon trees, decorative plants, 2 car wide car-port. Located across the gym & baseball field, you can walk to the games! 5 mins to Jeff's & the beaches, 15 mins. to big navy.
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Dededo $295K
MongMong-TotoMaite $1,600/mo
Harmon Industrial Park Lot R2 Zone - 2481 SM Located Right in the middle of M Zone Property - Rezone to M Zone for Best Use. Owner wants this SOLD!
Nice new house in Toto with all new appliances.Please call your favorite Realtor for showings.
MLS# 11-3043
Vanessa Cabe 688-1210 REALTOR®
Dededo $1,700/mo m
MLS# 10-3955
vcabe@remaxguam.com
Nicely renovated Las Palmas phase I unit for lease. Beautiful Kitchen and Baths, currently tenant occupied, call for a showing. It shows well!
MLS# 10-4101
Quiet, Sophisticated and Quality surround you and your family at Colina de Barrigada. Backup Generator, common area Pool right next to the property. Central Location of Barrigada Hts, in an exclusive neighborhood with Views of Tumon and the Airport. Enjoy the living areas both upstairs and down. Professional Landscaping included.
Cozy one bedroom with a beautiful ocean view. All utilities included (power, water, cable, internet, and telephone)
MLS# 11-334
Liz Duenas
687-0911 Associate Broker
Santa Rita $149K Build your Dream Home with a truly magnificent view! Septic tank already installed with power and water on-site. Approved Building Plans in place - call NOW!
lbuenas@remaxguam.com
MLS# 11-3206
Yona $440K
Asan $2,200/mo Barrigada $3,500/mo
MLS# 11-3398
MLS# 11-4115
Mangilao $235K
Nicole Sablan
Take a look at this 4 bedroom 2 bath home in a cul-de-sac in Latte Heights. All ceramic tile, updated bath rooms and newer appliances in the kitchen. Laundry hook up is just off the kitchen with access into the carport. The back yard is fenced and has a nice large patio to enjoy. All custom wood blinds throughout, typhoon shutters and split a/c units included.
988-6865 REALTOR
®
Luxurious Executive style home in Yona with partial ocean view from the second floor balcony. This house consist of total 7 bedroom and 5 bathroom.
nsablan@remaxguam.com For more information and pictures go to www.nicolesablan.com
MLS# 11-3247
Agat $258K
Yigo $465K Investment property! Total of 6bedroom and 5Bathroom Duplex, 5mintues from AAFB. This will be a great investment for military rental.
MLS# 11-3322
Ki Myong Song
Brand New house in Agat 3bedroom and 2bathroom.
929-5398 REALTOR®
ksong@remaxguam.com
MLS# 11-2811
Yigo $1,200/mo
MLS# 11-4236
Barrigada $1,800/mo Great spacious house in Kanada Barrigada for lease. Section 8 OK, with good references and full security deposit. Take a look at this one asap, before it goes..
Ordot-Chalan Pago $1,700/mo Secure this charming upgraded 3BR 2.5BA Townhome before it gets taken! Section 8 OK, with terms.
Yigo $76,500 MLS# 11-4443
Dededo $2,100/mo Just about completely upgraded, this 3Bedroom 2.5Bath home, plus dirty kitchen is ready for you and your growing family to occupy. Home is fenced and gated for privacy as well. Call for a showing.
Jodee Duenas 727-5633 REALTOR
®
Great Cleared Lot for Your New Home! Power and Water Nearby this Peaceful Neighborhood. Paved Access, Homes Nearby!!
jodeeduenas@remaxguam.com
For more information and pictures go to
www.showmeguam.com
MLS# 11-2921
MLS# 11-3574
Harmon Industrial $275K Lets Break Ground Now! Located in Harmon Industrial, this M-1 Zoned Lot Great for Warehouse or Commercial Space. The Building Plans to be included upon closing.
Great Unit in a Secured Community. Live in this fun Filled recreational neighborhood. Comes with Pools, Basketball court Running Sidewalk areas.
Ron Pangilinan 687-8871 REALTOR®
rpangilinan@remaxguam.com
MLS# 11-4445
MLS# 11-4356
Talofofo $1,500/mo
MLS# 11-3520
Evelyn San Gil Burke 488-2703 REALTOR®
eburke@remaxguam.com
Yigo $398K Mature trees surrounding this brand new 4bd/3ba home give it the feeling of a more established neighborhood! Master bedroom opens to spacious back patio. More executive type homes in the area. Close to AAFB. Move in to this up and coming neighborhood today!
Rent out this quaint little house which sits on 1-1/2 acre lot. A rustic backyard kitchen/bbq area is super for entertaining. Section 8 tenants are welcome! Located next to the Talofofo caves...and should you fall in love with the location, you're in luck! The entire kit & caboodle is also up for sale (MLS 11-3511). Make that call & check it out!
Tamuning $1,864/mo Land 932sm in Tamuning adjacent to Airport Hotel for rent/lease. MLS# 11-3054
Jean Sablan 898-2112 REALTOR®
jeans@remaxguam.com
MLS# 11-1988
Agat $2,400/mo You'll appreciate this large living space with yard to enjoy for those island bar-b-q style gatherings. Also comes with enclosed outdoor kitchen with split a/c unit, outdoor bath, laundry area, lots of storage space, split a/c units and ceiling fans throughout home to help cool down your power bill, only 5min. drive to Naval Station.
MLS# 11-4421
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Profile
By Shaina Santos
Building Trust Suki Sul Sees Her Job As Helping People
S
“
Suki Sul REALTOR®, Vice President Real Estate Guam
Husband:
Ramon Puangco
Children:
Luna (11), Jennifer (10), Michelle (5), Alex (3)
Affiliations:
Member of the Rotary Club of Tumon Bay Member of the Chamber of Commerce Member of the Guam Contractors Association
It takes time to establish a client. Build trust. Deliver trust back. Give right advice.
16 CasaGuam December 2011
“
Suki Nicole Sul, REALTOR® and Vice President of Real Estate Guam arrived to where she is today by taking a risk. After studying Business Administration in Australia for three years, she was employed locally by Bank of Hawaii. Sul came to be interested in real estate by way of friends and clients that were already involved in the field. She saw her chance to take the Real Estate License Exam and knew it was a good opportunity to use her language skills to serve both English and Korean speaking clients in an upward moving market. After she passed, she still served at Bank of Hawaii before making the decision to really make use of her license. With her husband, Ramon Puangco, Real Estate Guam was established. Sul explained that she and her husband decided to establish their own business together rather than work under someone else. With client relationships they already built individually, they merged. “It was a right decision, I was very successful after that,” she said. After closing multimillion dollar transactions including the $30 million Ladera Towers, one would be surprised when entering her understated office. “We do the quiet work,” Sul laughed. She, however, does not sugar coat the amount of work it takes. “When we closed Ladera, it took me a year. Sometimes it was almost there, sometimes it's not there,” she said, “ We look at the whole picture and discuss it together. “Sometimes we can manage our hours, but sometimes we have to work very late, some transactions working overnight. You have to be up. You have to be flexible. That's kind of a challenging situation. With four kids it's not easy,” she briefly described her working experience with her husband as a business partner. “We're a team. We have a support. We understand our job, we don't complain. We kind of understand what we have to do. “They think it's easy, but it's not. It takes time to establish a client. Build trust. Deliver trust back. Give right advice. Sometimes I don't take a listing, if it seems overpriced or too cheap. I give advice whether not to sell it. We're trying to help in the best way to sell the property at a higher price and give you good advice, right advice. Maybe sometimes it's better to sell next year than this year - we try to help analyze the situation.” Something that seems to be unique about Real Estate Guam, is their follow through with their clients. Sul explained that their business does not end with the sale, and that they work further with clients to improve their properties for future business. “It's not like the transaction is finished, the relationships go on,” she said. One of Sul's future goals involve giving back to the community in the form of a Sponsor Fund Association that funds supplies for children in need. In the meantime, Sul and her husband hope to travel more. “We're trying to go while we can walk, eat, see clearly,” she laughed. Though Sul doesn't claim a single philosophy to success in business, she expressed an admiration for Steve Jobs. “He did what he wanted to do. He didn't stay in an eight to five. He wanted to do something extraordinary, which helped a lot of people” she said. “Hopefully we can help a lot of people too with our business.”
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From The Experts
Supply and Demand By Elmore, “Moe” Cotton Principal Broker, C21 Commonwealth Realty
“ 18 CasaGuam December 2011
In my mind, it doesn't matter. We will get more people and lots of invested money to give our real estate a boost. All you have to understand is, if more people come to Guam than leave it, and if more money comes, our real estate market can only do one thing, and that is .... APPRECIATE. It is a very simple concept which is called Supply and Demand. So lets look at it. Supply and demand is perhaps one of the most fundamental concepts of economics and it is the backbone of a real estate market. Demand refers to how much (quantity) of a product, like homes, condos, etc., are desired by buyers or renters.. Supply represents how much the market can offer. The Guam real estate market is thin when it comes to our supply. But supply also means how much money is being introduced to an area. We have heard that the Federal Government expects to spend in the billions of dollars here on Guam. Even if that amount is cut in half that is still lots a money that is expected to be spent here. Much of that money (granted not all) will remain here, floating around, available for buyers to spend. The more money chasing the goods, means that real estate owners can get more for their property. Even if the Marines don't come the Navy and Air Force is expected to grow. Also, don't forget normal population growth. Guam is predicted to see an increase in population of up to a total of around
80,000 people in the next 4 years. According to the environmental impact statement for the Guam and CNMI military build up, this will create an increase in demand for over 11,800 homes, not including military living off base and H-2B workers. Consider this with the fact that the Guam H ousing industry normally produces between 400 to 1000 Housing a year. At best that is only 4000 new homes, 7000 short of what is needed. In summary, Guam has a military buildup coming, Guam has possibly billions of dollars that will be spent here and Guam has a increased projected population growth. Add to this, new homes (mostly in the upper dollar amount) means Guam will not be able to keep up with the demand. Finally, don't forget the trillions of dollars in paper money that has been created out of thin air we can expect to see higher amounts of inflation in the coming year. This is not good news for everyone as rentals will go up and houses will become more expensive but for those who have real estate you can expect the prices to go up. As a result, in my mind, real estate is better than gold as a hedge against inflation. Guam is a great place for many reasons but one of them is it is a good place to invest in real estate. Regards Moe
many r o f e c at pla e r g it is a s a i s i m e m Gua e of th n o tate. s t e u l b a , e s r reason est in v n i o t ace good pl
“
M
y name is Elmore Cotton. Everyone calls me "Moe". I am the Principal Broker for Century 21 Commonwealth Realty and company that has been in business over 25 years. I personally have been a Broker on Guam for over 30 years. Furthermore, I own a school that teaches numerous real estate courses among which is the REALTOR® Code of Ethics. Okay, enough of that! What's my point? Because of being associated with real estate for many years, many people assume I know what I am talking about. Hence, I must be asked around 10 times a week "how is the real estate market?" My answer is that it is currently slow or words to that affect (right now MLS shows that we have over 500 rentals in the $1500 range) but, I always add, of course, "with the military buildup coming we expect it to get much better". Then the inevitable question comes up "When will the military build-up come?" My answer "…not sure, but it is coming." Most people have heard that the 8000 marines coming from Okinawa has been postponed over and over. In addition, it was announced by our President that Australia is going to get 2500 military. I can only assume that will come from the 8000 so now we might get 5500 or so. Also the money that is supposed to come to Guam has been curtailed.
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Home Finance
The VA Guaranteed Home Loan
By Calvin Hernandez
n 1944, the GI Bill was signed into law by President Franklin D. Roosevelt.
I
The result was the creation of a loan program which allows qualified veterans to purchase a home for their own personal occupancy with little to no
down payment. This loan program is commonly known as the VA-Guaranteed Home loan. VA Guaranteed Home loan can be used in numerous ways. VA loans can be used to purchase a home or condominium approved by the VA, build a home, renovate and improve a home, and even refinance an existing mortgage to reduce the interest rate; however, please inquire with your lender as not all programs may be offered. The advantage of a VA loan program is that the U.S. Department of Veterans Affairs will guaranty to cover a percentage of the loan amount. This coverage or guaranty protects lenders from loss in the event the borrower fails to make the mortgage payments. The program encourages the lender to offer VA loans to “eligible� veterans who meet the VA program requirements. The major benefit of the VA guaranty is that it helps the borrowers by replacing the need for a 10 to 20 percent down payment when purchasing a home. To qualify for a VA loan, borrowers will need a Certificate of Eligibility (COE). The VA has several specific eligibility rules, but generally veterans, active duty personnel, reservists/national guard members, and some surviving spouses of veterans may be eligible for the program. Borrowers can visit any VA approved lender to get help obtaining the COE online. Once the COE has been issued, lenders assist by pre-qualifying the borrowers for the VA loan purchase or refinance. For purchases, borrowers can then work with their Realtor and shop for the home that meets their price range. Once they find the home, Realtors can assist with completing a purchase contract. Borrowers can return to their lender, complete the loan application and all the necessary VA Forms. Please note that an important condition of VA loan is that the borrower must occupy the property. VA loans cannot be used to purchase investment units, and borrowers must still meet the income and debt requirements of the VA program.
To learn more about the VA loan visit the following website
"http://www.benefits.va.gov/homeloans/" http://www.benefits.va.gov/homeloans/ or visit Bank of Hawaii and speak to anyone of our loan officers to get you started with a VA purchase or refinance. CasaGuam.com 19
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H o w To D . I . Y.
Keep a Cut Christmas Tree Fresh
By Steve Nix, About.com Guide
S
ome people believe Christmas just isn't Christmas without a real Christmas tree. Here is an easy guide that will help you preserve that perfect tree whether you purchase it from a neighborhood lot or a Christmas tree farm. These steps should help you keep a Christmas tree fresh through the holiday
Here's How: 1. Refresh the tree by making a straight cut, taking one inch off the butt and immediately place in water. This will improve water uptake. 2. Place the tree in a stand that can hold at least 1 gallon of water. You should expect the tree to take up additional water. Water the new tree until water uptake stops. 3. Always keep the base of a tree in water. If the base dries out, resin will form over the cut end and the tree will not be able to absorb water and will dry out quickly. You don't need anything other than regular tap water - drying out deters future water uptake and will need a new cut. Commercially prepared mixes like aspirin, sugar and other additives introduce into the water are not necessary. Research has shown that plain water will keep a tree fresh. 4. Check for worn Christmas tree light electrical cords and always unplug at night. Use UL approved electrical decorations and cords. Using miniature lights produce less heat and reduce the drying effect on the tree or any chance of fire. 5. Take down the tree before it dries out. Many fresh cut trees if properly cared for (using the first five steps) should last at least five weeks before drying out. Some species keep their moisture longer that others.
Tips: 1. Cutting a refresh cookie off the tree base is important only when trees have been cut for over 4 hours. 2. For easier watering, buy a funnel and a 3 to 4 foot tube. Slip the tube over the funnel outlet, extend tubing down into the tree stand and water without bending over or disturbing the tree skirt. Hide this system in an out-of-theway part of the tree.season.
20 CasaGuam December 2011
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CONTR ACTOR’S CORNER
Highlight on: Hawaiian Rock Products
A
At Hawaiian Rock Products, we are always ready to meet your construction needs. We have a fleet of over 200 construction vehicles and a workforce of over 400 employees. We operate state of the art facilities, strategically located throughout the island with the capacity to fulfill any project size requirements. Our vast fleet of equipment continues to expand along with the growing needs of the industry. We are here to provide you with the quality products and services you need, when you need them. Hawaiian Rock Products, represents over 50 years of experience and dedication to our industry and island community, dating back to 1958. We look forward to being your partner and supplier for all of your construction products and services needs. Hawaiian Rock Products is an advocate of building green. At HRP, we use locally produced materials from our coralline limestone quarries. We also maximize our use of reverse osmosis in our concrete mixes. In 1957, Hawaiian Bitumuls and Paving Company began operations on Guam. Then in 1958, the company formed Hawaiian Rock Products (HRP) and entered into an agreement with the Bamba Family to open a quarry in Fadian, Mangilao. Several years later, HRP was incorporated in the state of Nevada as Dillingham construction, Guam, Ltd., in 1984. In June 28, 1990, a Stock
22 CasaGuam December 2011
Building The Marianas Since 1958
Purchase Agreement was made between Dillingham Construction, Guam Ltd. And MCC Development (Nevada) Ltd. and Mitsubishi Cement Corporation retained the name of the company as Hawaiian Rock Products Corporation. Mitsubishi Cement Corporation is one of the largest manufacturer and marketer of cement and concrete. Today, Hawaiian Rock Products is the largest producer of aggregate based construction materials, ready mixed concrete, concrete masonry blocks and road paving contractor on Guam, Saipan, Tinian, and Palau. Our dedication to consistently producing only the finest quality rock products has brought us to our current leadership role as the largest supplier of asphalt, concrete and aggregates in Micronesia. We are a local company and not just the Guam and Micronesia division of an off-island entity. We value the principle of investing in our workforce. Our growth and success is entirely credited to the superior quality of our products and performance of our people. We have been building the Marianas for over 50 years, and look forward to continuing to meet the growing needs of our commercial and residential industries. We are your number one source and supplier for your building materials needs.
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Quality Products
Excellent Projects Every great project starts with a solid foundation, because so much depends on it. Much like the Serrano home, which exemplifies strength, solidarity and beautiful architecture. This home was built using concrete supplied by Hawaiian Rock Products. Whether your project is big or small, Hawaiian Rock Products will tackle it with unparalleled efficiency while using the largest fleet of equipment and an expert workforce. That’s why we’re the leader in General Construction Supplies. All of our products are produced in strict compliance with local, federal and ASTM standards. Hawaiian Rock Products supplying quality products and services to the island for over 50 years.
Building The Marianas Since 1958 1402 Route 15, Mangilao, Guam 96913 Tel: (671) 734-2971/8 • Fax: (671) 734-0990 www.hawaiianrock.com
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W h o Ya G o n n a C a l l ?
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Classifieds Commercial Rentals
Barrigada
stores, restaurants and nightlife. Asking $2,100/month. Call VIC @483-7518
Dededo
2b/1b, near Subway with water $830/mo. Please call 637-7165 / 688-0887 / 689-3333
Tumon 2bd / 2 ba + Den. excellent condition. Asking $1200. Please call 637-7165 / 688-0887 / 689-3333 / 477-7042
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
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
Dededo
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
Ordot-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
Tumon 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
Residential Rentals
Dededo 3Bd/2Bd/1Bd located near schools/church/store and front of park Semi-Furn. Sec.8 & Military OK. Pls. leave message at 727-6456 Great spacious house located near Paradise Estates. 5bd/3bth. Section 8 okay with full security deposit. Call 646-9870/1 Dededo Villa Rosario - Spacious 3BR/2BA W/D, Pool, Security, Mailbox $1,650.00 3Bd/2Bd/1Bd located near schools/church/store and front of park Semi-Furn. Sec.8 & Military OK. Pls. leave message at 632-1200
Mangilao
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
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
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
Piti
Yigo
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
Perez Acres: 4 bedroom, 2 bath with pool & playground. Corner unit. Asking $1,900/month. Call SANDY @ 687-6006
637-7165 / 688-0887 / 689-7900
FOR SALE BY OWNER Beautiful fully fenced, 3bd/ 3full ba, high pitched ceiling, 2car gar, central location, minutes away from airport, business establishments & more. Only 2yrs old, landscaped yard, fruit trees, shutters, 2,421sq mtr lot, very large concrete back porch great for an outdoor kitchen, etc. Lots of extras! Developing neighborhood w/newly built homes. A MUST SEE! Lots of potential!! $338,000.00 Pls call 797-1525 TODAY! DEDEDO Multi-Family House located in front of Dededo Park, Library and Julyor's Office. Lots of nearby schools, markets and churches. Income Property with fully occupied and screened Tenants. Property located in a corner lot with fence. This is a wise choice of investment property. For sale by owner. Call now and lv msg at 727-6456. 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
Agat 3 bedroom / 2 ba house, close to schools, stores, beach and church. Asking $1250.00. Call 649-8265 or 888-7447
Tamuning Asan Asan Beach House Newly Renovated, Fresh paint and ceramic tiles. Asking: $2,200.00/mo. Call FRANK @ 479-4663 Asan 3bd./2ba. Ocean Views Newly Renovated - All ceramic tiles. New a/c's. Asking: $1,900.00/mo. Call FRANK @ 479-4663
26 CasaGuam December 2011
Popular Pia Marine 2 bedroom 2 bath units available for Month to Month Rentals. Utilities/Furnitures included with cleaning services. $2400.00. Call Nick @ 689-2939. Tecio Tumon Villa: Nice two bedroom two bath condo located in Tumon. Condo is just a walking distance to the beach,
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 Barrigada Large 4BR/2Ba 1800sqft. House Only 243,000
Beautiful fully fenced, 3bd/ 3full ba, high pitched ceiling, 2car gar, ctrl loc, DededoUhang St/Bello Rd, Minutes away from airport, business establishments & more, Only 2yrs old, landscaped yard, fruit trees, shutters, 2,421sq mtr lot, 1,440sq ft living space, 12x20sq ft open back porch, lots of extras! Developing neighborhood w/newly built houses. A must see! Lots of potential!! $340,000.00 Pls call 788-3531 & lv msg.
Inarajan
2 bedroom / 2 bath on a living area of 800 sf and 5,526 Âą sm lot. Fixer upper home on a beautiful
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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
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Nice 2 and 3 bedroom condo with panoramic ocean view and city view and waliking distance from the shops and hotels. Please call George 483-9111 Century 21 CR.
Mangilao Yona Latte Heights House with 3 br / 2 ba, ideal location w/ carport, fully fenced, gated, spacious yard w/ patio. Asking $200K. Please call ANGIE @ 727-2228
Mongmong-Toto-Maite Exceptional 3bd and 3.5 ba home 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
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
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. 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
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 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 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 TAMUNING Executive 2 Storey Spacious House for Sale by Owner. Great location beside Cost-U-Less Tamuning and GPO. Great lifestyle and community environment with 5 bd/3ba corner lot; nice sized bd on 1st and 2nd flr; luxurious master suite w/ jacuzzi spa tub; quality granite staircases; hardwood railings; crown molding all over the house with open spacious kitchen and stainless steel appliances. Please call owner/lv msg at 727-6456.
Tumon
Dededo Land 18585Âą Very Nice $85,000 637-7165 / 688-0887 / 689-7900. Dededo Land with 830Âą sm with R-1 Zoned and minutes to NCS with paved access. Asking $45,000. Call YUMIKO @ 688-7791
Harmon Property is view lot next to last lot below Airport exit light on Pangelinan Blas St. in Harmon/Tamuning. Access paved w/sidewalks, water & sewer. Power up to adjacent lot below. Asking $490,000. call 637-7165 / 688-0887 / 689-3333 / 4777042
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 CasaGuam.com 27
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Closing
Message from the Executive Officer By Peggy Araullo Llagas
Homeownership Still Matters… According to results from the 2011 NAR Profile of Home Buyers and Sell-
O
ers Survey, consumers still believe in the value of home ownership. Seventy-eight percent of recent home buyers said their home is a good investment, and 45 percent believe it’s a better investment than stocks. Given the current restrictive credit environment, many buyers were much more cautious about their purchase and stayed well within their means; recent buyers had higher incomes and used modestly higher down payments than buyers in the 2010 survey. Recent buyers were also more likely to be married – 64 percent of all buyers were married couples, compared to 58 percent in 2010. Talk to a REALTOR® today about current buyer activity and how it compares to the national data. - National Association of REALTORS® -
Guam Association of Realtors®
The Voice for Real Estate on Guam
Suite 236A Julale Center 424 West O'Brien Drive, Hagatna, Guam 969100 Office: (671) 477-4271 • Fax: (671) 477-4275 www.guamrealtors.com • email: eo@guamrealtors.com 28 CasaGuam December 2011
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RENTALS
116 Chalan Gunot Las Palmas Phase III 3BR/3BA - $2,200.00 - 11-4395 Perez San Vitores Terrace E-67 – 3BR/2BA $1,950.00 - 11-4383
Agat $140K 2Br/1Ba #11-4490
Dededo 163K 3Br/2Ba #11-1439
Mangilao $255K 3Br/2Ba #11-3273
Mangilao $449K 4Br/3Ba #11-3436
Talofofo $295K 3Br/3Ba #11-3560
Yigo $129K 3Br/2Ba #11-1576
Dededo $168K 2Br/1Ba #11-2994
Yigo $229K 3Br/2Ba #11-3031
Dededo $99K 2Br/2Ba #11-4198
Dededo $155k 3Br/2Ba #11-4368
Ordot-Chalan Pago $119K 2Br/2Ba #11-2910
Yona $199,900 3Br/1.5Ba #11-2787
Dededo $259K 5Br/3Ba #11-2805
Yigo $220K 3Br/1.5Ba #11-2565
Ordot-Chalan Pago $465K 4Br/3Ba #11-2212
Tamuning $670K 5Br/3Ba #11-2080
Tamuning $750K 4Br/3.5Ba #11-1889
Dededo $296K 3Br/2Ba #11-1851
Dededo $299K 4Br/3Ba #11-1254
Dededo $185K 3Br/2Ba #10-4228
Hagåtña $1,482,770 Commercial #10-4166
MongMong-Toto-Maite $380K 2 Story 4plex #11-1539
MongMong-Toto-Maite $800K 4unit Apartment #11-1083
Piti $349,950 2 Story 4plex #11-3236
Tamuning $1.3M Cardines Apt. I & II #11-3824
Tamuning $2.8M Multi-Family #07-416
Tamuning $4.8M Commercial #08-3898
Yigo $195K Duplex #11-3930
290 Chalan Estudia – 4BR/2.5BA - $2,300.00 11-4367 355 South Unit B Belen Avenue – 2BR/2BA $949.00 - 11-4334 Chalan San Antonio Pomika Apartments B2 – 2BR/2BA - $1,000.00 – 11-4286 162 Western Boulevard Oka Tower Condo 407 – 3BR/2BA - $1,900.00– 11-4351 162 Golondrina Avenue – 4BR/2BA - $4,500.00 – 11-4224 124 Chalan Fadang – 3BR/2.5BA - $2,450.00 – 11-4152
Homes & Condos
125 Chalan Pugua Matchena Machanao Street – 3BR/1BA - $989.00 – 11-4314
LAND
Chalan Tun Romon Flores, Yigo – 1,850sm – $85,000 – 11-4412 Tongan Way & Route 4, Inarajan – 5,130sm – $125,000 – 11-3108
Route 6, Asan – 1,222sm – &89,000 – 11-1858 Route 16, Barrigada – 4,171sm – $495,000 – 11-1614 Mama Sandy St., Piti – 2,024sm – $180,000 – 11-768 Marine Corps Drive, Yigo - 58,096sm – $3,776,240 – 11-348 Acho Latte, Dededo – 1,730sm – $100,000 – 09-2902 Off Murrey Drive, Asan – 7,947sm – $650,000 – 09-1983
Commercial & Multi-Family
Chalan La Chanch, Yigo – 1,838sm – $65,000 – 11-2340
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