Today's Guamhome October 2016 by Todays Realty

Contents 02

MARKET REPORT

MEET OUR AGENTS

GUAM IS OUR HOME

SOLD BY TODAY’S REALTY

Residential Market Snapshot from January 1, 2016 to October 1, 2016

WELCOME TO OUR VILLAGES!

A collection of recent homes sold by Today’s Realty

elcome to the 2016 October issue of Today’s Guamhome newsletter. It is our honor to present this collection of beautiful homes for your review. 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). 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! We are never too busy for your referrals!

ON THE COVER

Ordot-Chalan Pago Jewel

WAYS TO PRICE YOUR UNIT

Anthony Godwin Principal Broker / REALTOR®

HOW OFTEN SMOKE ALARMS BE REPLACE

JUST LISTED

LINCOLN LOST HIS HOME...TWICE

Recently listed properties in the market.

READY TO MOVE? “HOW MUCH SPACE CAN I EXPECT IN THE KITCHEN?”

Today’s Realty agents and staff during our holiday luncheon

FOR THOUSANDS OF LISTINGS VISIT

www.guamhome.com

CLOSED BY TODAY’S REALTY

Santa Rita Home • $6,600/mo

Barrigada Home • $325,000

Days on market: 92 | MLS ID# 16-2429

Days on market: 114 | MLS ID# 16-2204

Flora Pago Condo • $1,600/mo

Tamuning Home • $378,000

Days on market: 164 | MLS ID# 16-1464

Days on market: 155 | MLS ID# 16-1502

Yigo Commercial Space • $3,200/mo

Perez Acres Townhome • $2,150/mo

Days on market: 167 | MLS ID# 16-1317

Days on market: 131 | MLS ID# 16-1929

A collection of recent properties closed by our REALTORS®

San He Villa • $1,500/mo

Yigo Land • $49,900

Days on market: 115 | MLS ID# 16-2018

Days on market: 168 | MLS ID# 16-1459

Tamuning Home • $2,500/mo

Pacific Towers Condo • $2,047/mo

Mangilao Home • $2,450/mo

Las Palmas Ph. I Townhome • $1,700/mo

Days on market: 26 | MLS ID# 16-3194

Days on market: 105 | MLS ID# 16-2197

Days on market: 29 | MLS ID# 16-3209

Days on market: 44 | MLS ID# 16-2971

ON THE COVER

165D Chalan Inda, Ordot-Chalan Pago For Sale $899,000

Be amazed when you see the Moonrise from your personal balcony off of the Master Suite! This newly built, executive and modern abode is a MUST SEE!! With 4 bedrooms and 2.5 bathrooms and just over 3500 square feet of living area gives your family just enough space for gatherings or private time. The kitchen, The master closet, The covered 1st floor relaxation space, The OCEAN VIEW, The fully fenced yard, The spacious living room are ALL AMAZING! If you have always wanted a DREAM HOME? This is it!!

LISTED BY TODAY’S REALTY Casa De Isa, Tumon

For Sale $790,000 | Guamhome.com/16-3605 Few places in Tumon like this one... And, the view is just the start. The kitchen is modern and expansive, parquet wood floors, a security system, FULLY marbled bathrooms, high ceilings, landscape lighting, slate back porch & more!

421 Alupang Cove, Tamuning For Rent $2,450/mo | Guamhome.com/16-3306

Beach Front Living at it’s finest! This 2bd/2ba condo is fully renovated and waiting for you to occupy! Secured Entry, mail delivery, gym, 24 hour security, beach and pool access are some of the many perks of living in Alupang Cove.

153 Golondrina Ave, Barrigada For Rent $2,450/mo | Guamhome.com/16-3417

Mountain top neighborhood of Barrigada Heights, this renovated 4bd/2ba beauty has open updated kitchen cabinets, elaborate design ceramic tiled floors in living room, mirrored closet doors within bedrooms. Entire contents, including but not limited to content, design and concept Copyright ©2016 by LG&G Corporation. All rights reserved. Anthony R. Godwin • Principal Broker

A collection of properties featured for Rent or Sale by our REALTORS® H Unit, Tasi 17, Tumon

Route 15, Mangilao Land

For Rent $4,400/mo | Guamhome.com/16-3399

For Sale $2,508,880 | Guamhome.com/16-3396

Luxury condo living at its finest! Overlooking Tumon Bay with breathtaking ocean & city views. This GORGEOUS, condo offers marble tile & hardwood floors, high vaulted ceilings, Jacuzzi, gourmet kitchen & so much more!

Check out this 7.5 plus acre M-2 zoned heavy industrial property fronting Route 15. Centrally located allowing easy access to all of Guam.

146 Las Palmas Ph. II

For Sale $238,000 | Guamhome.com/16-3404 Look at this two story, 3 bedroom, 2 1/2 bath townhome and you’ll love the private outdoor patio, the big pool, the family feeling of the community, the tennis courts, the playground, and the park. What’s not to love?

Lincoln Lost his Home... TWICE I found an old brochure from First American Title Insurance Company and thought the story interesting enough that I would share it with you in its entirety:

In less than four years, Tom Lincoln had to go to court to prove his ownership rights to this second farm. Another claimant to the land sued him as a “trespasser.” Tom Lincoln won the suit, but was haunted by the fear that he might someday lose another property. There was enough talk of land titles, landowners, landlords, land laws, land lawyers, and land sharks to make him unsure of his title. After all, Daniel Boone, the first pioneer of the Kentucky wilderness, had lost every inch of his once vast landholdings because he had “the wrong kind of papers.” Tom decided to move his family to Indiana where there was rich, black land—government land with clear title and the right kind of papers. Thus, Abraham Lincoln lost a second home to title problems.

Abraham Lincoln was born in a meager, one-room cabin on the Big South Fork of Nolin’s Creek near Hodgenville, Kentucky. It had a dirt floor, one window, and a stickyclay chimney. Lincoln’s father, Tom, had paid $200 for the cabin and 300 acres of unproductive land. It wasn’t much, but it was home and the young family’s only chance for It was the anxiety and outright losses of the Lincolns and other hardworking Americans a decent life. that gave rise to today’s title insurance industry. The first land title insurance After four years of fighting mosquitoes, heat, and hardscrabble land, the Lincolns company was founded in Philadelphia in 1876 to protect buyers against the hidden had to pack up and leave. There was a defect in the title. They didn’t have the right hazards of real estate ownership; forgeries; faulty surveys; hidden liens; conveyances sort of papers and somebody else had a better claim to the land. With three-year-old by a minor or mentally incompetent person; Abe in his mother’s arms, the family moved the false representation of married person as being single; and many other title defects. eight miles away to Knob Creek.

Even the most complete search of records may not reveal them all. Today, title insurance is just as important as ever. The same potential flaws in title exist. A home is still the largest purchase most of us make in our lifetime. And, with escalating land values, the loss of property can still bring a family to ruin. Consequently, both buyer and seller should insist on the stability and reliability they receive from a First American Title Owner’s Policy. The unfortunate loss of the Lincoln family would have been covered by insurance had Tom Lincoln owned a title policy.

by Kim Anderson Young PRESIDENT, SECURITY TITLE, INC.

kim@securitytitle.net | 671.647.8100

Finding simple solutions to complex real estate transactions.

Ready to Move? 5 Things to Consider when Listing Your Home By Emma Sturgis

When it comes to selling a house, online marketing is more important now than ever before. Today, buyers normally check online listings before doing anything else, while sellers want a high price in return. An enticing listing is the key to a seller’s success. Here are five tips to listing your home.

Write an Interesting Description Many real estate listing sites give the seller the option to describe the house that is being listed. This is an opportunity to pique the interest of potential buyers. If you aren’t much of a marketer yourself, hire a REALTOR® to help advertise your home.

Amp Up the Resale Value If you want a higher price for your home, the best way to do that is to make some improvements. Make renovations where it is needed and repair appliances that need to be fixed. Give the house a nice paint job, or change the landscape to make it more aesthetically pleasing.

Price Fairly First, find out how much the house is actually worth. There are online calculators and tools that can estimate the price range of a house. Also compare your home to other houses in the neighborhood. Give it a high enough price to be competitive, but don’t overprice it and scare off potential buyers.

Have Beautiful Photography of Your Home The more photographs a house has, the more views it will gain. Potential buyers prefer to have a thorough sense of what the house is like before they buy it. Use a high quality camera or hire a photographer to take some professional shots of the place. It’s a good idea to make sure the house actually looks good before taking these photos. Do a thorough cleaning of the house, including wiping down the walls, the floors, the carpets and the appliances. When taking the photos, make sure to have decent lighting and angles. Capture an image of every room so that the buyers are not in the dark about what to expect.

Explore Your Options There are various real estate resources which sellers and buyers use to educate themselves on realty. Check out the different websites yourself or find an article that compares the different sites, and empower yourself with knowledge. These can be useful for finding listing prices in the area you’re looking to buy or sell in.

I’m Buying New Construction.

”How Much Space Can I Expect in the Kitchen?” New homes are built with kitchens averaging 161 square feet, or just below 13 feet by 13 feet, according to “Size of Kitchens in New U.S. Single-Family Homes,” a report by the National Kitchen & Bath Association (NKBA). The size of a kitchen, the report shows, generally varies based on the size of the home, and on the number of stories the home has and its location. New homes under 1,500 square feet, for example, have kitchens averaging 103 square feet; new homes above 4,000 square feet have kitchens averaging 238 square feet—a 135-square-foot difference. In single-story homes, the average size of the kitchen is 151 square feet, or 10 square feet less than the overall average, according to the report. Single-story homes in the Mountain region, which includes Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, and Wyoming, average 158 square feet—the largest in the country. Single-story homes in New England, conversely (Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont), average 130 square feet—the smallest in the country. Kitchens in multistory homes are larger than those in single-story homes, as well, at an average 174 square feet, or 13 square feet more than the overall average. The West South Central region, which is comprised of Louisiana, Oklahoma and Texas, has multistory homes with the largest kitchens, averaging 184 square feet; the West North Central region, or Kansas, Nebraska, North Dakota and South Dakota, has multistory homes with the smallest, at 156 square feet. The layout of the home can also be a determining factor, according to the report—kitchens in homes with a great room average 164 square feet, compared to those without at 159 square feet. Source: National Kitchen & Bath Association (NKBA) Reprinted with permission from RISMedia. ©2016. All rights reserved.