Ken Tal March 2021

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L O C A L L I Local F E S TLifestyle Y L E PPublication U B L I C A| T ION www.localumbrellanews.com

Megan’s Message Just the Facts, Please…

5 I ISSUE 5 3 MarchVOLUME 2021 | VOLUME 6 | ISSUE

Meet Your Neighbor Jody Abssy of Kensington!

What the heck is happening in San Diego real estate?! Meet your neighbor Are homes even selling? Can I even get a loan right now? This month’s message is aimed at sellers of real We are pleased to introduce this Wendy month’s featured Reynolds neighbor, These are someestate of the I getthat onthey a will daily basis infine artist and teacher, Jody Abssy of and questions the disclosure process Kensington. While some are going stir crazy with subject to. As a seller of real property, one is Our spotlight the current stay-at-home order, Abssy has been this month is on the midst of ourbe COVID19 shelter place period. required to disclose all knownin material facts. At

“happily self-isolated” and for theWendy first time in her of Talmadge. the onset of their journey toward a sale, they will life could paint uninterupped in her home Reynolds studio. to Abssy, “I had bringnative, Reynolds benefit their service!), and if a great A urge San to Diego I am here to tell you that indeed, receive a veryhomes thick virtual (yes,and we can do it thanks toAccording female energy into clear focus for our times.” now!) packet fill out with youtoare borrowing $701,500 or less, which grew up in Clairemont, went to are selling and peopleonline are getting loans.of paperwork Currently being displayed at Gallery 21 in Balboa many redundant questions. It may seem tedious, Park’s Spanish Village now through puts you in the conventional financing Mission Bay High School and It’s still a bit early to see any price but it is a seller's best protection during and March 21, “Gather ye Goddess” is category, many lenders will still allow you attended San Diego State for adjustment trends as we tend to measure after the sale of any property. One would think, after having gone through an exhibition that celebrates women’s energy. Abssy created 33 this paperwork, thataany everytime question possible on the property to put as little as 5% down. All loans and college, “GO AZTECS!” Along that trend over 3–6and month frame contemporary goddesses, who are would have been addressed, but alas, there are always more questions. all lenders are not created equal, nor are the way Reynolds moved to and we just don’t have that hindsight revered in the world today. Most of her paintings depict life-size figures of women from Africa, Asia, their financing programs. Contact me for San Francisco and after 20 as of yet. But I can tell you that I am still the Americas, Europe and the Pacific Islands. The Typically, a buyer will review the paperwork provided by the sellers, a referral to a trustworthy lender that can in the Bay Area, she consistently seeingormultiple offers on artist herself will years be at Gallery 21 everyday from including any reports receipts on renovations completed during their 10am-4pm and is ready to, “welcome local goddesses provide to decided needed a change properties in have San Diego, particularly ownership, and follow up questions. Ininathe market where buyersyou arethe information you need to add their energy to thatshe of the goddesses on the paying more than they have ever had consider paying get for astarted piece ofin your research. walls.” The exibit will made also bethe videotaped and to willher be and move back $1.2 million range and below withtoboth available on Abssy’s website at www.jodyabssy.com. real estate, they are likely to scrutinize to a higher degree than they hometown of San Diego. After my buyer and seller clients. Of course, otherwise might when they think they are getting a “good deal” (aka… If you would like to explore buying and/ area open houses, this depends on the location and overall In addition to creating new work,going Abssy to is the market conditions in years gone by). I have noticed sellers becoming Historian for the San Diego Museum of Art selling of in athis ever changing market, she cameArtist across Talmadge. presentation, but with already very additionalor increasingly frustrated and an reluctant to answer questions Guild. The Guild is the oldest support council of the buyer andset thisofpuzzles me.inventory As a result,for I want to remind sellers of the give me a call at 619.944.2798 or Guild emailcelebrated their According to in Reynolds, “I loved limited housing buyers Museum. The centennial following: 2015 and are getting ready to publish “100 Artists, me at Megan@MeganB.com. I’d be happy the friendly neighborhood vibe out there to choose from, it’s even tighter 100 Years: A Century of Creativity in San Diego.” to discuss with you what sets my service andInternational all the planned activities. now. Those that can still qualify for a Abssy is also a Docent at the Mingei 1. Don’t take it personally…these questions are posed to learn as much Museum and is, “looking forward to its reopening apart from the rest! this summer.” I haven’t seen a neighborhood loan the areproperty able to and takethe advantage of gone the in to it prior about care that has to the buyer taking ownership. They are nottheir tryingdream to annoy quite like Talmadge.” still low rates and achieve ofyou as a seller. Just answer the question moving as factually Last month, Abssy gave a virtual presentation at the homeownership, up,as orpossible. downsizing. 55th annual Congress of History Conference that 2. Who, what, where, when and how…when providing information on work In May of the 2019, Reynolds made celebrates 100+ years since the approval 19th completed, try to provide these details to the buyer so they don’t have to Amendment and highlighting the remarkable women of San Diego & Talmadge her home. A graphic Loans can be a littleIf tricky thesewas days ask for the information. a bathroom remodeled, let the buyer know if Imperial Counties. Her presentation focused on Ruth Hayward who designer for 25 primary and trickier still itfor wasa done by a residence licensed contractor or a handyman or a homeowner. sculpted the Kate Sessions scupture that stands in years, Balboa she Park,has Manuelita Brown who sculpted the dolphins that leap through the What year was it completed? Why was it done (merely for aesthetic owned her ‘walks’ own design business, for an investment property. For a primary UTC shopping mall, and Sojourner Truth who on the Thurgood purposes or was it in response to a needed repair)? Marshall campus at UCSD. To view her Design presentation visit Olive for 20 years and is residence loan, with many (but not all) 3. What is your buyer’s experience? Keep in mind that every person has a www.congressofhistory.org. currently freelancing. Ultimately, lenders,threshold you should count on having different and perspective for whatatis important. I once had a she is looking for a permanent leastwho 20%is down if you needing tohad so many questions for the When she’s not creating new work, Abssy teaches others to create client an auditor by are profession. She what they see in ther mind and looks forward to getting back to sellers about things that “seemed obvious” to the sellers. What may be employee position (hint, hint). borrow $701,501 or higher as this puts you teaching when COVID ends. A Kensington acceptable to one person may be questioned by another. That said, just canbefore find her portfolio in the “jumbo loan” category. Most lenders resident for 10You years, San online Diego she has because they are questioning does not mean that they are arguing about lived across the US, Canada, Fahaheel, Kuwait, at wendyreynolds.myportfolio. processing VA loans up to $1 million it,are butstill merely trying to gain a full understanding of what they are buying. Beirut and Lebanon. In many of these locales, she had created murals so her work com. Inwith herlocal freechildren time, Reynolds $0 down (always an incredible opportunity spans the globe. We end here with a quote from loves hiking, mountain biking, The goal during the disclosure review process is to gather as much her website, “As long as I can remember I’ve been information as possible so that the buyer closes escrow with their eyes drawing, painting, drinking in, and thinking print sculpting, making, art shows about, talking about and teaching art. At various “wide open,” which ultimately protects the seller from future issues. As a happy hour.toHer points in my life, I’ve tried putpassions art aside and act real estate professional, there is so much more that goes in to representing ‘normal’ Impossible. The act photography of creating art fills include travel, buyers and sellers. This is just one aspect of guidance your agent should me with such joy and energy that I have come to be walking you through. If you would like to talk more about how I could and shebest loves her adorable dog, realize that this is my means of being fully alive.” What Diego. a wonderful spiritout wein have help you, please give me a call at 619-944-2798. If youcreative see them as a neighbor! the neighborhood, be sure to Have questions about real estate? Contact Megan! say hello! Happy to have you here, Wendy! Megan Beauvais REALTOR® 619.944.2798

Have Questions About Real Estate? Megan Beauvais Contact Megan! REALTOR®, GRI megan@meganb.com DRE 01426805

DRE 01426805 megan@meganb.com Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01527365. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. 619.944.2798 www.meganb.com Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01527365. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. This information is provided for informational purposes only and is not a solicitation, recommendation, offer or promise to provide services. Compass is not offering legal, financial or other professional advice. Compass reserves the right to refuse, reject, or cancel the program for any reason at any time without liability. Compass offers no guarantee or warranty of results. Subject to additional terms and conditions. Home must qualify under Compass Concierge guidelines. Subject to additional terms and conditions.


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