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CONTENTS
Message From GAR
Departments 4
Message from the President
Market Report Guam Real Estate Sales
8
10
Feature Grow Your Own Mosquito Repellents
12
Profile
September 2013 • Vol. 6 • No. 09
Tara J. Kaae
P.O. Box 24881 Barrigada, GU 96921 Tel: (671) 472-3495 | Fax: (671) 472-3498 email: office@yellowpagesink.com
Practice Makes Perfect
16
From the Experts What’s the Role of an Escrow Company?
|Publisher| |Business Sales Manager| Jay-R S. Dominguez
|Display Advertising| 18
How to D.I.Y. A Fido-Friendly Home
Jay-R S. Dominguez
|Traffic/Circulation Manager| Josie Redmond
20
Curb Appeal Termites Will Eat You Out of Your Home
|Production Manager| Mark S. Burke
|Graphics & Layout| 22
One Last Thing What Value Does a Title Insurance Company Provide?
25
Who Ya Gonna Call?
26
Classifieds
28
Closing Guam Association of REALTORS® AIDS Disclosure and Other Stigmas - Part 2
Mark S. Burke Edwin E. Valencia
|Editorial Contributors| Faye Varias Creative Services Marissa Borja J.C. Cruz Clare Delgado Siska Hutapea Sara Pangelinan Arlene Taitague Taitingfong Kim Anderson Young
By Clare Delgado 2013 President Guam Association of REALTORS®
SHOPPING FOR PROPERTIES ONLINE… CALL A REALTOR® FIRST! Homeownership is a dream we all share. It’s part of the three basic necessities in addition to food and clothing. But with the rising costs of owning or renting a home along with a challenging economy, it may appear that pursuing that dream may be harder to attain. With that thought, we shop around, negotiate the best deal and hopefully get the most bang for our buck. Nowadays, looking for properties can be as easy as the click of a computer mouse. Most homes for sale or rent can be found online in various websites. Many of us know the benefits of looking of properties online in that you can search for properties anywhere and anytime. As you browse the listings, you could also see where the property is located, take a photo tour and calculate how much you can afford. There are many websites that advertise property listings. Websites such as Craigslist for example offers a section devoted to real estate listings. But while we are searching for the best bang for our buck, we need to remember that there are certain things we need to be aware of. When considering buying or renting property from an online source, take care that you are aware of whom you are dealing with. Part of being prudent is to know how to avoid online scams. Always deal with someone locally. Your favorite REALTOR® is local and will meet with you on a one to one basis. They can personally show you homes and negotiate the best price and terms for you. Secondly, it is highly recommended never to wire money to secure a property, unless you know the credibility of the recipient. Your local REALTOR® will ensure your deposit is safe and secure in either escrow or their company trust account. You can have peace of mind knowing where your hard earned money is deposited. It’s important to note that Craigslist does not participate in any transactions and also offers suggestions on avoiding scams. Your favorite and local REALTOR® though, can help you find the perfect place that you can call home. They will work hard to protect your deposit and ensure the keys to your home are safely delivered directly to you. Your REALTOR® is also one of your biggest advocates. They will protect your interests and strive to see to it that your dream of homeownership can also be as easy as a mouse click away. REALTORS® adhere to a strict code of ethics and are the ideal professional to help you in your pursuit of the dream of homeownership. Call your REALTOR® now!
GUAM ASSOCIATION OF REALTORS® Cover Photo: Mark S. Burke CasaGuam is Published by:
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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Market Repor t
Guam Real Estate Sales
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Feature
Living on a tropical island sure has its benefits: warm weather, beautiful sunrises, marine preserves, lush landscape and my all-time favorite, mosquitos! Right. 8 CasaGuam September 2013
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Feature
Grow Your Own Mosquito Repellents By Marissa Borja
I remember doing a shoot in Ordot where parts of the garden were more like jungle and there were so many mosquitoes I swear I heard them chanting my name, “Marisssssa! Marisssssa!” It sent chills up my neck, which of course may have actually enhanced the blood sucking experience for those that chose to feast on that exposed portion of my body, while others eagerly conspired to do more damage by going for my temples and cheeks. I was so worried about looking like a crazy woman on-camera and losing my composure in front of my guest that I endured the torture for as long as I could before wrapping the interview and booking it out of there. It took about 20 minutes for me to regain my appearance. The welts on my face were so bad I looked like a 3D map of the Marianas! Since then, I’ve learned that there are plants that can actually serve as natural mosquito repellents(I invite you to add them to your garden if you’re considering having us over to feature your home). They are easy to find as I’m certain most nurseries carry one or all of them. And thebest part is each of them serves multiple purposes. My favorite is rosemary. It’s an herb that makes a beautiful ornamental plant as well as a delicious culinary seasoning especially when added to lamb or chicken.
something containing peat moss with vermiculite or perlite. 4) Place the container in a warm spot with indirect sunlight. 5) Most the cuttings daily and make sure the soil does not dry out. 6) In about 2-3 weeks, test for root growth by very gently tugging on the cuttings. 7) Once your cuttings have roots, transplant into individual pots about 3-4 inches in diameter. 8) Pinch off the very top of the cutting to encourage it to develop branches . 9 Begin caring for your cutting as a rosemary plant by providing sun, good drainage and good air circulation. 10) Once your rosemary matures, feel free to plant it in the ground; be sure to fertilize and give it full sun. Other natural repellents include Thai basil, which has a minty flavor that goes great with spaghetti or can be added to iced tea. It’s also a self-seeding plant so more of it grows once the seeds drop. All you have to do when using it as repellents is simply grow an abundance of it or if you aren’t sensitive, try rubbing the leaves on your skin. And then there’s lemongrass, which grows really well in a pond area or when incorporated into a rock garden. Throw it on the grill to activate its repellent properties and then sit back and relax while you enjoy the barbeque.
You can typically find these in small pots grown to about four inches. And while it’s possible to grow from seeds, they can be difficult to germinate so you’re better of staring with a cutting. That way you’ll be sure of that type of plant you’ll get. It’s also possible to root rosemary in a glass of water—but you may just want to consider propagating for the most dependable results.
I would have gladly used any or all three of these plants for that matter in trying to ward off those pesky mosquitoes during my shoot that day. While I’m sure I probably would have smelled like a spice rack, it’s a small price to pay in order to keep those fun-loving mosquitoes at bay.
Here’s what you do:
About the Author Since 2007, seasoned television personality Marissa Borja (Pacific Home & Garden
1) Snip about a 2-inch cutting from the soft, new growth of your established plant. 2) Remove the leaves from the bottom inch and dip that tip into a root ing hormone. 3) Carefully place the dipped end into a container of dampened sterile seed starting mix. Choose a mix that says it is well draining, like
and My Home with Marissa Borja) has been working to fill Guam's home and garden niche with stories, products and services that locals will find beneficial and relative to their lifestyle. She enjoys the creative outlet that writing and television offer in order to balance out her busy personal life as a wife and full-time mother of five.
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On The Cover
Guam’s Finest Resort Living
L
eo Palace is quite simply Guam’s finest living option and the residential leasing program now includes a wide range of units, pricing, and leasing options. The world-class, master-planned resort features the widest possible range of amenities, security and safety, as well as convenient access to military bases, employment centers and shopping. Just 10 minutes away from Agana, the centrally located resort is continually improving the tenant experience. Furnished, long or short term, from $1,400 per month deluxe efficiency to $4,500 per month penthouse suites and $2,500 per month golf course frontage villas, LeoPalace Resort offers the widest range of resort living options on Guam. Tenant benefit from special resort benefits under the Residential Lifestyle Program including complimentary hotel stay, food and beverage discounts, use of luxury hotel pool and other special offerings. Contact Nick Captain directly at 472-1819 to arrange a showing.
Nick Captain Principal Broker
(671) 472-1819
C aptain REALTY
ADVISORS
RESIDENTIAL • COMMERCIAL • SALES • LEASING
Download a brochure at www.captainrealestate.com or email nick@captainrealestate.com
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Profile
Practice Makes Perfect By J.C. Cruz
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“
Tara J. Kaae REAL ESTATE ANALYST, CORNERSTONE VALUATION GUAM, INC.
Education:
Basic Appraisal courses (online), Appraisal Institute
Family:
Husband Leonard Kaae Jr.; Traven (9); Ahela'a (3); and Leonard III
It's a wonderful resource for real estate news and sta tistics on Guam. I love flipping through the magazine and seeing how much different types of properties are being listed for, readin g current articles on what's going on in the industry, etc.
12 CasaGuam September 2013
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With hard work and the support of her family, Tara J. Kaae has been working her way up in the real estate industry. Kaae got into the real estate industry in 2007. “One of my best friends informed me about a job opening at Captain, Hutapea & Associates,” she says. “At the time, I was employed at Outback Steakhouse, which only opens at night, and I was looking for something a little more full-time and with an 8:00 am. to 5:00 pm. schedule. I was hired as a Real Estate Research Analyst and was employed with Captain, Hutapea & Associates to about mid-2009.” At first the transition was tough for Kaae, having no background in real estate. “It was definitely information overload with all the terminology, appraisal practices, procedures, etc. but Captain, Hutapea & Associates provided me with excellent training and a wealth of information in my early years,” she says. In 2009 Kaae took a break from work to work on her family but it didn't take her long to find her way back to the industry. In 2012, Kaae joined Cornerstone Valuation Guam, Inc. as a real estate analyst. “Now, I work for Cornerstone Valuation Guam, Inc. which is one of the best appraisal companies on island and this opportunity is allowing me to continuously expand my knowledge and apply what I’m learning on a daily basis,” she says. “Like with any new endeavor, practice makes perfect! Although I am far from understanding all that this industry is about or has to offer, I am more knowledgeable and confident in myself and my abilities because of my past experiences and the awesome company I work for.” With the support of her family and co-workers, Kaae recently entered a new phase in her real estate career. “Thanks to the wonderful support and motivation from my boss, Siska [Hutapea], my husband, and my fellow co-workers, I have been taking appraisal courses at the Appraisal Institute and am now just one proctored test away from becoming an official Trainee Real Property Appraiser. Woohoo!” This is her first steps to achieving her goal obtaining her Trainee Real Property Appraiser license. In addition to that, Kaae also hopes to finish school and obtain her degree. Kaae took classes at Guam Community College, the University of Guam, and Colorado Tech University (online) working on a business administration – management degree. “With three young kids and a full-time job, that might be way in the long-term future…but I’ll get there eventually. There are more important goals that fulfill me, which include, being a better mommy and wife.”
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From the Experts
What’s the Role of an Escrow Company? By Sarah Pangelinan efore I discuss the role of an Escrow Company, I’ve had the pleasure of being an Escrow Officer with Pacific American Title for the last 27 years. I’ve handled all types of real estate transactions and I have to admit that there is still a lot of new circumstances and changes going on in my industry. I never have a boring day at the office.
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Getting back to the subject, in order to understand our role as an Escrow Company, we must first define the meaning of "Escrow". Escrow is simply defined as a deposit of funds, a deed or other instruments by one party for the delivery to another party upon completion of particular conditions or event (as stated in California Escrow Law: section 17003 of the financial code). When you open Escrow with an Escrow Company, regardless if
you’re the Buyer, Seller, Lender, or Borrower, you want assurances that no funds or property will transfer until all conditions/ instructions in your transaction is complied with. It’s required for an Escrow Officer to comply with all instructions and conditions received from all parties involved with the real estate transaction before any disbursement of funds or property transfers. It’s recommended that you read and understand all the documents that you’ll be required to sign. Do not hesitate to ask your Escrow Officer to prepare a draft of your Escrow Instructions and all pertinent documents that are necessary to complete your real estate transaction. Once all instructions and conditions are met, the Escrow Officer will record all the necessary documents, disburse funds to pay-off the required mortgage, real estate taxes and other encumbrances that are attached to the property, once this is achieved your escrow will be "closed". As the Escrow Company, we are the neutral party in this transaction. Confidentiality is another important aspect of Escrow. Our Escrow Officers at Pacific American Title will always retain the impartiality and confidentiality concerning your real estate transaction. We, at Pacific American Title are committed to providing exceptional customer service throughout your entire home-buying/selling or refinance process. This means listening to you, answering your questions thoroughly and handling all the details of your purchase or refinance in a responsive and timely manner. We look forward to the opportunity in assisting you with your next real estate transaction.
For more information on Escrow Services, please feel free to call me or one of The Closing Professionals at Pacific American Title at (671) 648-7777 or email us at spangelinan@pamericantitle.com or patico@pamericantitle.com. 16 CasaGuam September 2013
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H o w To D . I . Y.
A Fido-Friendly Home A few simple steps can ensure you and the dog are both comfy and happy. By Faye Varias hen I was planning my home renovations, a lot of thought went into making sure my house would be pet-friendly. At the time, I only had two dogs – my shih-tzu, Maxine and my golden retriever, Tilly. Those of you with furry dogs know the wonder that is dog hair. You wonder how the heck it gets into the little nooks and crannies and sometimes, even your mouth.
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Sometimes, these little nuances are enough for some families to kick the dog out. Unfortunately, that’s one of the reasons animal shelters are always full. But there’s a solution. Just like child-proofing a home is one of the next steps after having a baby, dog-proofing a home is a simple fix for some of those doggy issues. Here are a few tips for pet-friendly home décor. 1) Try to avoid carpeting or expensive rugs. Some people can live without rugs or carpeting. I’m one of those people. My entire house is tiled to make for easy cleanup. Carpets trap odors and pet hair and soak all those yucky unavoidable accidents. But if you must, your best choice is to buy rugs. Rugs can be taken out, washed and thrown out when worn. Be sure to buy inexpensive ones, so when they’ve done their time, it won’t be that big of a deal to replace them. If carpet is a must have for you, be sure to get the low-pile types, so they’re easier to clean. Avoid the loopy types that can get caught in pet toenails and unravel. 2) Bare floors are a winner. As previously mentioned, my entire house is just tile. But bare floors don’t have to be boring. For my tile design, I chose tiles that look like hardwood flooring and had each tile applied freehand instead of using spacers. This ensured the grout lines were extremely fine and very few people realize my floors are actually tile. You can choose actual hardwood floors, but remember these get scratched easily. 3) Keep the breakables away. Just like you wouldn’t line your coffee table with breakable china if you have a toddler, you shouldn’t have breakables in the way of wagging tails and curious noses. I learned this the hard way, when I kept wicker balls in a bowl on the coffee table where my ball-obsessed golden retriever would stare all day long. If you like collecting fragile items, keep them in a glass case or hanging on a wall high enough where your pets can’t reach them. If you must have decorations on the coffee table, make sure they’re the durable types that can be dropped without damage. In addition, you can get attractive toys to keep your dogs’ attention away from the décor. Hard rubber toys that are easy to clean are the best option. 18 CasaGuam September 2013
4) Get (semi) glossy. When choosing paint, choose semi-glossy. No matter how many times Fido gets a bath, he will still leave smudges on walls and doors and fling drool from corner to corner. Flat finished paint is very difficult to clean and often comes off when you try to wipe off dirty spots. Super glossy paint may be easiest to clean, but it also calls attention to every flaw. Semi-gloss is a nice balance between the two. It also doesn’t hurt to keep your pet clean. Because my dogs play outside about three to four times a day, they get dirty pretty quickly. However, it’s important not to bathe your dog too often, because it dries out their skin. Every twothree weeks is more than sufficient. If they get dirty in between bathing times, wipe them down with damp paper towels or baby wipes. 5) Get easy-clean upholstery. Velvet, silk, and other pet-hair magnet fabrics must be avoided. For my couches, I actually bought a couch cover made of Crypton. It’s nearly indestructible and it’s resistant to stains, smells, bacteria and muddy paws. Don’t get me wrong—it still gets dirty. But it’s much easier to care for. Leather is also a good choice because it’s easy to clean and durable, but beware—it will suffer some scratches. There’s ultrasuede as well—machine washable and feels just like suede. Of course, making simple changes like these won’t change Fido’s behavior. You’ll need to invest in dog training and have a lot of patience. It won’t happen overnight. But if you’re determined to have a pet, these are some of the changes you need to make. But trust me. They’re worth the investment. About the Author Faye Varias is a self-described dog lover and owner of Puppy Love Guam pet gear and pawtography. She is heavily involved in the dog community in Guam, whether it’s through her volunteer work with humane organizations or working to make the island a more pet-friendly place. At home, her pack includes a great dane, two golden retrievers and a diva shih-tzu.
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Curb Appeal
Termites Will Eat You Out of Your Home
By Arlene Taitague Taitingfong
t was when I was sitting on the patio enjoying the night air a few nights ago that I noticed a swarm of termites flying overhead. Of course the weather was wet as it had just finished raining and the humidity was just right for their ceremonial dances. This is usually one of the signs that there is a nearby tree or stump that is home to the swarm. If you don’t have a tree or stump near your home, most likely they are making themselves at home in yours.
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Termite treatments and good building methods can't completely prevent a termite infestation. Homeowners in termite-prone areas have to keep an eye out for signs of the wood-eating insects! If you find them in your home already, then they have managed to eat into your home in some way, most likely through the walls or roof area. And although most of the homes on Guam are concrete, these rascals will find a way into yours! Remember, these critters can work from the inside out of a house so it might be hard to tell if you have an infestation. Here are a few signs of to look for. • Wings: Termites shed their wings just after swarming. When the termites are inside your home, they typically shed their wings on windowsills or near lights. • Decayed wood: Termite damage generally follows the grain of the wood. Termites also line the damaged wood with soil. Damage from other sources, like water or fungus, doesn't follow this pattern. • Shelter tubes: Termites will dig tubes up cinderblocks, concrete, brick and other surfaces in order to get to wood. Sometimes, if you break the tubes open, you will see live termite workers in side. Although some of the chemicals that kill fleas and roaches will also kill termites, applying them to a termite infestation requires special tools and training. This is where the need for a professional exterminator comes into the picture. He can determine if there you have a termite problem. Other insects, including some species of ants, can also damage homes (and Guam has a lot of THESE pesky critters). 20 CasaGuam September 2013
Some people may also mistake water damage for termite damage. An exterminator will use tools like long probes, heat sensors, sound sensors, infrared cameras, hammers and drills to look for termite damage. Once the exterminator finds conclusive signs of termites, he may use one of three treatment methods: • Baits are wood, cardboard or other cellulose-containing products soaked in a pesticide. Termites eat the baits and carry particles back to their nests, poisoning the rest of the colony. • Repellents discourage termites from entering a particular area. These can help keep termites from colonizing a new site in your home. • Termaticides kill the termites. Sometimes, exterminators have to pump hundreds of gallons of termaticide into termite nests in an attempt to treat the infestation. Another tactic involves applying an insecticide around the entire perimeter of the home and at every possible termite entry point. This keeps termites from getting inside, and any that are already inside usually die of dehydration. Fortunately, it takes years for termites to do significant damage to a home. So if you discover an infestation on your property, you have time to get estimates from several exterminators. Find out if the exterminator offers a warranty or guarantee on their work and whether you will have to pay for further treatments if the termites reappear.
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Curb Appeal Solutions to Termite-Conducive Situations Susan C. Jones, Ph.D., Assistant Professor of Entomology, shares her solutions to some problems one may come across. Problem: Cellulose (wood, dead plant material, paper, etc.) in contact with soil provides termites with ready and unobservable access to food. Solutions: • Keep all wooden parts of the house foundation at least 6 inches above the soil. • Keep mulch levels several inches below the siding and wooden parts of the structure. • Avoid or minimize use of wood mulch next to the foundation. • Remove dead trees, stumps, and roots near the structure. • Never store firewood, lumber, or paper against the foundation or in the crawl space. • Remove wood debris and form boards. Problem: Moisture accumulation near the foundation provides water needed for termite survival. Solutions: • Grade or slope soil away from the foundation. • Divert rain water away from the foundation. - Maintain clean gutters and down-spouts. - Install down-spout extenders and splash blocks. - Use drain tiles if site is flat. • Divert lawn sprinklers and irrigation water away from the foundation. • Promptly repair leaking faucets, water pipes, and air conditioning units. • Use mulch sparingly (no more than 2 inches depth is recommended).
• Do not build flower planters against the house. • Regularly inspect cracks or joints in concrete slabs for evidence of termites. • Install metal flashing when attaching porches or decks (even when using "treated" lumber) to an existing house. • Remove mulch that contacts siding or obscures a clear view of the foundation. • Never install foam board insulation (polystyrene) below grade.
• Keep plants and ground covers 3-4 feet away from the house foundation. Problem: Hidden termite access. Solutions: • Install trellises and trim plants so that they do not contact the house.
Prevention is the first step. So check your window sills, wood decks, roofing, veranda and anything in your home structure that has wood. If you find that you already have these critters living among you, see a pest control specialist immediately and deter from further damage to your property. It will keep you happy and the curb appeal of your home high. CasaGuam.com 21
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One Last Thing
What Value does a Title Insurance Company provide? By Kim Anderson Young nless you are involved in a real estate transaction, you may not have experience working with a title insurance company. Please let me break down our value into five easy steps:
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work with owners to correct the situation. One simple but common example; a previous owner’s mortgage may not have been released when it was paid off. Our escrow officers will contact the previous lender and request a release, which we record and clear the public record. Establish the status of the title. Our title searchers create a “chain of title” by searching land management records for any document that involving the subject property. This will surely contain deeds and mortgages; many also contain leases, easements and judgments by the court. This chain is a chronological list of how the property came to be owned by the current owner and what other interests such as leases or mortgages may currently affect the property. Accounting for the Real Estate Transaction. As an independent third party to a real estate transaction, we follow the contract between the buyer and seller, as well as instructions from the lender to ensure the money is distributed as intended by the parties. We ensure that lenders, surveyors, appraisers, Realtors and other contributors to the transaction are fully paid. We search real property tax records and if necessary, pay any outstanding taxes so that the buyer acquires the property without any surprise expenses popping up later. Handle Transaction Management. Escrow officers daily track down payoffs and releases. They juggle collection of executed deeds, mortgages, affidavits and settlement statements. An escrow officer is also tasked with collecting and clearing funds from sources such as the buyer, the lender and when applicable, 1031 tax deferred exchange facilitators. They work closely with the Realtors and lenders to deal with issues that inevitably arise and work to ensure the transaction closes in a timely manner. We insure what we do. Then we back up our work with a title insurance policy that guarantees your ownership of the property! Rest assured that your favorite REALTOR regularly works with title and escrow companies to ensure a professional closing. Make that escrow company SECURITY TITLE and treat yourself to customer service that will surprise your expectations!
Purify land title systems. Title examiners find gaps, errors and omissions in the recorded public records. Once identified, we 22 CasaGuam September 2013
About the Author Kim Anderson Young, President of Security Title, has over 30 years of experience in the real estate industry. Contact her at kim@securitytitle.net or 647.8100.
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W h o Ya G o n n a C a l l ?
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Classifieds Commercial Rentals 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
Harmon Ct. Townhouse. 3BD/2BA. Sec. 8 OK. $1,200/month. Call 637-7165 689-3333/688-0887
Residential Sales
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Ipan Talofofo. Just footsteps away from Pacific Ocean beach, gigantic 3BD/2BA home awaits you. Family room with more than 400sf. $2200/month. Call 687-6900.
Ordot-Chalan Pago Tamuning Commercial space for rent. Approx 850 sq ft., video store or retail business. Asking $850/mo. Please call ANGIE @ 727-2228
Residential Rentals Asan Nimitz Hill, 2BD apartment including ocean view. $950/mo. Modern upgraded, all ceramic tiled, typhoon shutters. Call 687-6900
Barrigada 2b/1b, near Subway with water $830/mo. Please call 637-7165 / 688-0887 / 689-3333
Dai Ichi Condo. 3BD/1BA, Pool, Sec 8 OK, by O/A. $1,250. Call 637-7165/688-0887 Sunrise D Condo. Large 2BD/2BA. Pool. Very nice. 1,000 SqFt. $1,000/month. Call 637-7165/688-0887/689-7700. Tumon 2bd / 2 ba + Den. excellent condition. Asking $1200. Please call 637-7165 / 688-0887 / 689-3333 / 477-7042 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
Dededo
San Vitores Terrace Condo-2bd/1ba, 3bd/2ba - walking distance to beach, rest/bars, church. Asking $950 $1800/mo. CSR- PB 649-6088
1Bd / 2BD / 3Bd located near schools/church/store and just front of park across St. Barbara Church S/F S8/Mil OK Call/LvMsg 727-6456
Tumon
Ester Garden: Large 2BD/2BA. Very nice. 1,000 SqFt, $800/month. Call 637-7165/688-0887/689-7700.
Tumon Horizon Condo: 2bd/2ba, 5th floor, water incl., pool, security $950.00 CSR- PB 649-6088
Barrigada
Dededo Multi-Family House/Good Investment located front of Dededo Mayor’s Office/Park & Library Greath Neighborhood / Gated/ Corner Lot/Serious Buyers Only! FOR SALE BY OWNER. Call/LvMsg 727-6456 Villa Rosario Condo: 3bd 2ba Excellent Condition, Pool, Tennis Court, Play Ground. Good Location $160,000.00 Call 637-7165/688-0887 Las Palmas Ph3. 3rd Floor. Large 3BD/2.5BA/2Den. Pool. Excellent Condition. $255,000. Call 637-7165 689-3333/688-0887 Pacific Gardens. 1st Floor. Pool. Security. 1BD/1BA. $47,000. Call 637-7165 689-7700/688-0887/689-3333.
Harmon 3BD/2.5BA Townhouse. Pool. Security. Tennis Court. $1,900/month. Call 637-7165/688-0887/689-7700 Large 4BD/2.5BA. Single home. Pool. Security. Tennis Court. $2,450/month. Call 637-7165/688-0887/689.7700.
Executive 2-story house with a great view, fully fenced and a quiet area. 5bd/3ba w/ 2 huge balconies. SS appliances, wash/dry, 2-car garage. Huge storage shed, a must see, Military OK! $3500/mo. Call Joe @ 483-3333!
Exec. 2 Story/Very Spacious For Sale by Owner. Growing in a great location beside Cost-U-Less Tamuning and Guam Premium Outlet. Great lifestyle and community environment with 5bd/3ba corner lot; nice sized bd on 1st and 2nd flr; master suite w/ jacuzzi spa tub; quality granite staircases; red hardwood railings; crown molding all over the house with open spacious kitchen. Dream home and a good investment! Call/LvMsg 727-6456 Jonestown. 3bd/2ba, Large Yard. Fenced. $320,000 or $1,350 for rent. Call 637-7165/689-7700/689-3333 Tumon Heights. 4BD/2BA. Oceanview, Corner Unit, Large Living Room, Patio, 100% Back up Generator/Water, Exc. Condition. Only $355,000 Call 637-7165/688-0887
Tumon View Condo. 2bd 1ba. Near beach. $110,000. Call 637-7165/688-0887/689-333 Lily Village Tumon Condo. Nice. 3BDM 2BA Fully Renovated. $2,000/mo.
Yigo
Chalan Pago 2bed 1bath SFD for sale. 1169sq.m lot Asking $119K. Call Karen 988-1883
Executive 2-story house with a great view fully fenced and a quiet area. 5bd/3ba w/ 2 huge balconies. SS appliances, wash/dry, 2-car garage. Huge storage shed, a must see! $425KSale. Call Joe @ 483-3333!
Sinajana
Land for Sale
Large, villa style home. 5bd/3ba. Completely remodeled. Private and beautifully landscaped. Asking: $579K. (Priced below appraised value.) Call 489-3285
Chalan Pago
Yigo Single Home. Excellent Condition. 3BD/2BA. Large yard. Good location. $1,400/month or for sale $200K. Call 637-7165/688-0887/689-7700.
Tamuning
Tumon For Sale By Owner Summer Palace Estates Located close to Cost-U-Less in Harmon 4Bd/2.5Ba 2100 Sq. Ft. Home located in a secured gated community with swimming pool, tennis court, and playground. New granite countertop and tile floor throughout with typhoon shutters. $440,000.00 Please call 777-0951
Ordot-Chalan Pago Paradise Estates. 4BD/3BA, Exc. Condition, Fenced. $2,450. Call 637-7165 689-3333/688-0887.
Large 4BR/3Ba 2755sqft w/1600sqft covered deck/porch. Detached util & gen. room. Walled/Gated & beautifully landscaped. $529K. Call Michael @ 477-4111
1,387 SqMtrs, Good Location, 5 min. drive from Agana. Only $46,000. Serious Inquiries. Call 637-7165/688-0887
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Closing
Message from the Executive Officer
By Peggy Araullo Llagas
AIDS Disclosure and Other Stigmas - Part 2 lthough federal law provide guidelines for handling AIDS disclosures, there are still grey areas surrounding disclosures of other stigmas. When a property defect is physical, disclosure is mandatory in most states. When the defect is an emotional stigma, however, disclosure becomes dependent on materiality. The following guidelines are designed to help a listing agent, when faced with information regarding a potential stigma, determine whether or not a stigma is material to a particular real estate transaction.
A
STEP #1 Determine whether the information is fact or fiction. Investigate the sources of the information, e.g., check newspaper accounts, talk to neighbors, etc. Separate rumor from reality. If the stigma is based on rumor and not on fact, you are under no obligation to disclose. If, on the other hand, the stigma turns out to be factual, e.g. there was in fact a murder, you should proceed to the next step.
STEP #4 Discuss disclosure with the sellers. Go back and talk to the sellers about what you have determined. Walk them through your analysis and show them why this particular factor may make a difference in the sale of their property. If the sellers agree to disclose the stigma, make the disclosure judiciously. It is not necessary to disclose information about a stigma to those who simply express interest in the property. The best time to disclose is at the contract proposal stage. Present the subject as one more relevant piece of information about the property and use simple non-threatening language.
If the sellers disagree and refuse to disclose what you have determined to be a material factor regarding the property, you will need to give up the listing. Because the sellers are your clients, you cannot disclose information that they have specified should remain confidential without violating one of the duties inherent in your agency relationship with them. However, you may also be in STEP #2 violation of the basic duty to disclose material factors that affect the value or Check state laws. desirability of the property. The best way to handle this dilemma is to give Many states have enacted laws that generally apply to AIDS, homicides, or up the listing. suicides, and provide that the stigma is not a material factor which needs to be disclosed. CONCLUSION Remember, property stigmas are emotional issues that need to be handled If a state does not have a specific law governing disclosure of stigmas, there carefully. To reduce the legal risks in this area, it is essential that real estate may be other laws, such as privacy laws, that influence or affect disclosure agents: decisions. State statutes vary widely, however, so it is essential that an agent be (1) understand the issues associated with stigmatized property, familiar with the laws of his state. (2) know pertinent federal and state laws, and (3) know how to evaluate facts and make informed decisions about If there is a law governing disclosure, it will probably state that you have no disclosure. duty to disclose. Because there is no disclosure obligation, investigation into the issue ends here. If there is no law governing disclosure, proceed to Step -National Association of REALTOR®#3. The Guam Association of REALTORS® shall remain your leading advocate STEP #3 for promoting and protecting homeownership on Guam. Ask if your agent Determine materiality. is a REALTOR®. To analyze the materiality of a stigma, you should ask yourself this question: would knowing about the stigma affect the willingness of most people to buy Visit our websites at www.guamrealtors.com and the property or reduce the amount of money they would pay for the www.guamhousingprograms.com. property? Most stigmatized property cases involve stigmas that are less sensational than say a multiple-murder. Less sensational stigmas may or may not impact on the market value of the property. However, it is your job to make an analysis of what a reasonable person would do with this information. Would a reasonable person be willing to buy the property knowing about the stigma? Or, would a reasonable person pay less for the property knowing about the stigma? If, at this point in the analysis, the answer is yes to either question, you have concluded that the stigma is a material fact which should be disclosed. 28 CasaGuam September 2013
For More Information Contact: Peggy Araullo Llagas, Executive Officer Guam Association of REALTORS® Suite 236A Julale Center 424 West O'Brien Drive, Hagatna, Guam 96910 Tel: (671) 477-4271 • Fax: (671) 477-4275 Mobile: (671) 689-4271 • www.guamrealtors.com
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We speak Russian, Farsi, Chinese, Korean, Japanese, Filipino, and Chamorro facebook.com/Century21CommonwealthRealty
RENTALS
Agana Heights Home - 2Br/1Ba - $800 - #13-2845 Ysengsong Rd., Dededo - 2Br/1Ba - $800 - #13-3003 Las Palmas Ph I, Dededo - 3Br/2.5Ba - $1,400 - #13-2941 Pomika Apts, Tamuning - 2Br/2Ba - $1,000 - #13-2638
Dededo $78K 3Br/2Ba #13-2893
Dededo $385K 4Br/3Ba #13-2683
Mangilao $234,900 4Br/3.5Ba #13-2668
Ordot-Chln Pago $185K 4Br/1.5Ba #13-2980
Ordot-Chln Pago $432,500 4Br/3Ba #13-2984
Santa Rita $498K 4Br/3.5Ba #13-3030
Tamuning $449K 3Br/2Ba #13-3034
Tamuning $549K 11Br/2Ba #13-3033
Tumon $258K 2Br/1Ba #13-2804
Tumon $350K 3Br/2Ba #13-2966
Yigo 190K 4Br/2Ba #13-2916
Yona $165K 3Br/2Ba #13-2918
Tumon $359K 3Br/2Ba #13-2466
Yigo $375K 3Br/2Ba #13-2388
Dededo $168K 2Br/1Ba #13-3174
Dededo $223K 3Br/2.5Ba #13-3173
Dededo $225K 3Br/2Ba #13-3101
Dededo $225K 4Br/2.5Ba #13-3123
Tamuning $365K 3Br/2Ba #13-3169
Yigo $230K 4Br/3Ba #12-1355
Dededo $142K 3Br/2Ba #12-1932
Tamuning $658K 5Br/4Ba #13-1166
Yigo $195K 3Br/2Ba #12-3202
Tamuning $750K 4Br/3.5Ba #11-1889
Tamuning $1,200,000 Multi-Family #13-1676
Tamuning $600,000 Commercial #12-4181
Royal Gardens, Tamuning - 4Br/2.5Ba - $2,000 - #13-2968 Oka Tower, Tamuning - 3Br/2Ba - $3,000 - #13-3032
Yigo Home - 3Br/2Ba - $1,250 - #13-2807 Perez Acres, Yigo - 2Br/1Ba - $1,900 - #13-2873 Yona Home - 4Br/2Ba - $2,100 - #13-2905 Tumon View Ph I, Tumon - 2Br/1Ba - $900 - #13-2384 Yigo Home - 3Br/2Ba - $2,450 - #13-2389 Dededo Home - 3Br/2Ba - $1,250 - #13-2110 Flora Pago Condo, Ordot-Chln Pago - 3Br/2.5Ba - $2,200 - #13-3163 Alupang Beach Tower, Tamuning - 3Br/2Ba - $2,200 - #13-3168 Alupang Cove Condo, Tamuning - 2Br/2Ba - $2,200 - #13-1523 Alupang Cove Condo, Tamuning - Studio/1Ba - $1,500 - #13-3186 Rt 4, Sinajana - 2Br/2Ba - $2,200 - #13-1909
Homes & Condos
Tumon Holiday Manor, Tumon - 3Br/2Ba - $2,200 - #13-2963
Dedeo Home - 4Br/1Ba - $1,800 - #13-3187 Tumon Horizon Condo, Tumon - 2Br/1Ba - $950 - #13-3175 Chln Kanton Tasi, Merizo - 1,200SqFt - $1,200 - #13-682
LAND
Ordot-Chln Pago - 1,100SqFt - $1,200 - #13-2672
Yigo Lot - 940sm - $50,000 - #13-3029 Yona Lot - 1,154sm - $25,000 - #13-2946 Talofofo Lot - 990sm - $58,000 - #13-3132 Talofofo Lot - 991sm - $58,000 - #13-3133 Padua St, Talofofo - 969sm - $38,000 - #13-637 Agat Lot - 140,150sm - $6,000,000 - #07-1156 Ordot-Chln Pago Lot - 24,665sm - $695,000 - #10-4289 Yigo Lot - 3,760sm - $110,000 - #11-4085 Inarajan Lot - 1,039sm - $45,500 - #12-682 Inarajan Lot - 2,280sm - $45,000 - #12-3367 Agat Lot - 837sm - $55,000 - #12-3936
Commercial & Multi-Family
Inarajan Lot - 1,880sm - $45,000 - #12-4717 Mangilao Lot - 10,000sm - $1,049,000 - #13-24 Dededo Lot - 4,406sm - $450,000 - #13-480 Yigo Lot - 930sm - $140,000 - #13-883 Dededo Lot - 4,057sm - $90,000 - #13-1732
Tamuning $100K Commercial #13-3058
Tamuning $1,020,000 Multi-Family #13-1677
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