Today's Guamhome May 2018 by Todays Realty

elcome to the 2018 May issue of Today’s Guamhome newsletter.

Contents

It is our honor to present this collection of beautiful homes for your review.

MARKET REPORT

My team of over 20 agents and associate-brokers are all members of the Guam Association of REALTORS®, the National Association of REALTORS® and the Guam Multiple Listing Service (Guam MLS).

MEET OUR AGENTS

Our team at Today’s Realty has ranked #1 for many years running in top sales reported to the Guam MLS. Buyers, Sellers and Renters know when it’s time for real estate... It’s time for Today’s!

Residential Market Snapshot from January 1, 2018 to May 1, 2018

SOLD BY TODAY’S REALTY

ON THE COVER

A collection of recent homes sold by Today’s Realty

We are never too busy for your referrals! Anthony Godwin Principal Broker / REALTOR®

Beautiful Royal Gardens Townhome

BUYING YOUR FIRST HOME? RETRACEMENT SURVEYS

JUST LISTED

Recently listed properties in the market.

Today’s Realty agents and staff during our 2017 Christmas Party

FOR THOUSANDS OF LISTINGS VISIT

www.guamhome.com

CLOSED BY TODAY’S REALTY

Tamuning Commercial Space • $4,032/mo

Pacific Villa • $1,000/mo

Days on market: 283 | MLS ID# 16-3612

Days on market: 17 | MLS ID# 18-1493

Laundromat Business • $50,000

Talo Verde Townhomes • $4,400/mo

Yona Home • $2,450/mo

Sinajana Home • $2,450/mo

Days on market: 107 | MLS ID# 18-148

Days on market: 19 | MLS ID# 18-1434

Days on market: 11 | MLS ID# 18-1460

Days on market: 36 | MLS ID# 18-1056

A collection of recent properties closed by our REALTORS®

Ordot-Chalan Pago Land • $205,000

Hagatna Unit • $2,700/mo

Days on market: 213 | MLS ID# 17-2048

Days on market: 144 | MLS ID# 17-4235

Flora Pago Condo • $2,200/mo

Tumon Horizon Condo • $2,200/mo

Tamuning Home • $400,000

Apusento Gardens Condo • $633/mo

Days on market: 68 | MLS ID# 18-745

Days on market: 319 | MLS ID# 17-1937

Days on market: 51 | MLS ID# 18-1228

Days on market: 46 | MLS ID# 18-908

ON THE COVER

8-4 Royal Gardens Townhome, Tamuning, GU For Sale $418,000 | MLS ID# 18-1466

Looking to live ROYALLY? Feel like a king and queen in this beautiful townhome. Italian Marble floors, solid wood doors, open concept living with large master bath. Walled in outside sitting area is a pleasure to sit and drink your morning coffee and at night enjoy a glass of wine or a cold beer with the nice breeze that blows through the complex. Lots of kitchen cabinet and counter space. Definitely a one of a kind. Efficient central AC unit will keep you cool on a hot Guam day. Amenities include a salt water swimming pool, full sized basketball court, on site security guard, 24/7 DVR security cameras, and 2 tennis courts. Located minutes from the beaches and Tumon.

Buying Your First Home? Customer: Hafa Adai Duane, I was told by my brother that we may be in a Sellers market. I am now in a place in my life that I can afford a home, but I don’t want to miss a chance for a property. Are there any tips you can provide to help? Duane: Hello, it does seem that some homes in certain price points and villages are moving quicker than normal. In these times, if you find a home in your price point, get ready to pull the purchase trigger. When you’re looking for a home in a seller’s market, you need a plan in place to avoid making mistakes. The real estate market often fluctuates, making it tough to predict whether the market will favor buyers or sellers when it’s your turn to buy. Buyers in a seller’s market can get what they want, but they need to bring their “A” game and be decisive. Not making your best offer The motivation to buy what we want for as little money as possible is deeply ingrained in us. So when most people see the listing price of a home, they naturally wonder what they can really get the house for. Offering lower than asking price is a reasonable strategy, especially if the house is overpriced compared with other similar

Retracement Surveys

homes in the area, or if it’s a buyer’s market with know that. The only way to prove to the seller that lots of available inventory. But trying to get a you’re a qualified buyer is to be pre-qualified deal when you’re in a seller’s market might not from a lender. be the best tactic. Prequalification means that you simply told your Over-Analyzing the Purchase Price lender your financial story. Pre-approval involves Over analyzing a home purchase in a seller’s submitting a mortgage application, complete market is ill-advised. When you wait too long, with providing verifying documents. You are at high risk of losing the home you have fallen in love with. Once you’ve determined the Not learning from your mistakes type of home you want, the location you desire, There’s no shame in learning that your offer has and your price range, and finally find a home that been declined, but it’s easy to get frustrated meets your qualifications, don’t wait to make an if your offers are declined repeatedly. If your offer. To give yourself more leverage, be prepared offers have not been accepted, discuss with your to move quickly by having your finances in order. Real Estate pro ways to increase your chances of getting your purchase offer accepted! Good luck! Working with an inexperienced agent In a seller’s market, it benefits buyers to get all the help they can. If you have a seasoned agent on your side, you’ll probably have a better chance of getting the home you want. Plus, in most cases, Who ya’ buyers don’t pay real estate agents; sellers do. When you are competing against other buyers in gonna call? a fast-paced market, it is vital to be ‘offer-ready. Not being pre-qualified (or better yet, preapproved) for a loan You might know that you’ll be approved for a mortgage loan based on your steady income, your low debt-to-income ratio, and your high credit score — but the seller probably doesn’t

outdoor kitchen to the side of our house. Since we work in the real estate business and hear lots of horror stories involving boundary problems, our first call was to a surveyor who took the time to identify and mark the exact location of the property line along that side of the house. Knowing exactly where our property ended allowed us to use the maximum amount of space for our family area without unintentionally overlapping onto our neighbors property and gave us the comfort of knowing that we would not need to move the addition in the future.

Duane C. Pahl, R E A L T O R

671.689.7777 | duane@guamhome.com DuanePahl.com

boundaries, but also locates the legal access to your property. Many people are surprised to discover that the driveway to their property is not a legal easement and that their legal access is actually through the boonies behind the banana trees. If you are purchasing a property, it is important to know where your legal access is located so that you are not faced with the expense of clearing a roadway when your neighbor decides to build an outdoor kitchen where you have been driving!

Surveyors provide a vital tool in the real estate transaction, from simple boundary line relocations to the very complex ALTA (American Land Title Association) survey that locates and charts the exact location of everything located on or under the surface of a property, including all buildings, easements, utilities, set-back lines, even Be Confident of your property boundaries! topographical details such as cliff lines, Hire a professional surveyor to show the trees and rocks! More recently, for our office building true location of the land you are purchasing. renovation, we were not worried about As a title company we rely heavily on surveys boundary points but knew that the lender in order to support our guarantee of property would require an ALTA survey for our ownership. The map history is an integral financing. Imagine our surprise when part of each property search, providing a the professional survey disclosed that our fascinating picture of the evolution of the property line was almost five feet wider by Kim Anderson Young property; and as technology advances, than we had thought! That newly reclaimed PRESIDENT, SECURITY TITLE, INC. our surveyors are able to more and more property is enough parking for an additional kim@securitytitle.net | 671.647.8100 accurately detail exact boundary locations. four or five cars! A few years ago my husband added an Not only does the survey show your

Finding simple solutions to complex real estate transactions.

LISTED BY TODAY’S REALTY 176 Ch. Jesus Grace St., Talofofo For Sale $419,000 | MLS ID# 18-1792 Southern Living at its finest! This well-designed and spacious 3bd/3ba home sits in the beautiful village of Talofofo. Enjoy the charms of country living, yet still be within 20 minutes to downtown. Located in the Rancho Camacho Subdivision

624 Alupang Cove, Tamuning For Rent $2,205/mo | MLS ID# 18-1793

Live by the sea and enjoy endless sunsets from the comfort of your own balcony! This 2 bedroom/2bath, partially-furnished, upgraded unit has an incredible view. Fantastic central location just minutes from shopping, dining and attractions.

809 Chalan Pasheru, Barrigada For Rent $3,954.50 | MLS ID# 18-1695

If you’re looking for a warehouse space with loading docks, roll up door, high ceilings, yard space, great location, gated, concrete and in meticulous condition with an amazing view. Look no more! Here it is! Entire contents, including but not limited to content, design and concept Copyright ©2018 by LG&G Corporation. All rights reserved. Anthony R. Godwin • Principal Broker

A collection of properties featured for Rent or Sale by our REALTORS® 312 Chalan Fan’Gua’Lu’An, Inarajan

Royal Gardens Townhome

Appreciate living in the southern village of Malojloj in a quaint 3 bedroom, 1 bath house of 1s039+/-sf on a 929+/-sm lot. Pitched roof. Affordable price makes this house a must see. Don’t miss this opportunity!

Centrally located in the island and close to just about everything for your needs. This 2 bedroom 2.5 bath Townhouse is ready for you to move in and it sits at the end of the complex with lots of privacy & the complex comes with great amenities.

For Sale $179,000 | MLS ID# 18-1802

For Rent $2,200/mo | MLS ID# 18-1801

128 Chalan Canada, Barrigada For Sale $549,000 | MLS ID# 18-1673

Four spacious bedrooms, and 5 bathrooms make this home any family’s DREAM home! The Gourmet kitchen is a MUST SEE! Thermal UV tinting on all windows, Yard irrigation system, media room, Water filtration system! The list goes on and on and on!