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| VOLUME | VOLUME109| |APRIL VOLUME 5 I ISSUEJANUARY 5 20232023
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Megan’s Message
Megan’s Message
CHEERS TO NEW BEGINNINGS…
HappyKen-Tal New Year 2023 Events Holiday Toy Drive organized by Megan Beauvais & Associates
April 15th
HITTheIT2022 IN holiday REVERSE Happy New Year, Ken-Tal! season was full of much Our5th Ken Annual Tal HolidaySpring Toy Drive Walkabout was a total What heck isDan happening Diego needed love, the laughter, celebrations, and cheerof inin spite of the roller real estate?! Guest Writer, Keyes C2San Financial success, we were able to collect over 65 toys 2-5pm Meet your neighbor coaster of an economic ride we have all been on for the last two with the help of my clients and our community! Are homes even selling? Can I even get a loan right now? Reverse mortgages, once Special thanks to those who participated in the considered to years. So many of us are anxious to see what 2023 brings, but only Wendy Reynolds Toy Drive donations! These gifts really do make be the outcast of loans, are slowly The Kensington Talmadge Business timeThese (and theare Fed) some will tell. of the questions I get on a daily in abasis difference in the lives of our community’s making a come back to the market. Lots is hosting theirnothing 5th Annual youthAssociation that would otherwise receive for Our spotlight this month is on oftry misunderstandings Walkabout. about theSpring holidays. This year was our first year the bank the midst COVID19 shelter in place Many home buyersof andour sellers will to time the market perfectly. I period. Tots your relay hometoaway and thethat kids partnering up with the YMCA & Toys forWendy Reynolds of Talmadge. can’t tell you how many people I taking have heard me recently for their annual toy drive, I look forward to next getting nothing are more Visit businesses, get freebies, win theyI am are here goingtototell waityou untilthat theindeed, market crashes worked year, goal will be toand collect andabenefit thanks to my their service!), if over 100 Atoys! San Diego native, Reynolds homes to buy. Having misperception of the and have fun! Start at the inner workings of Want prizes, in the real estate industry for 25+ years, I can attest to the fact that we to knowor what distribution like up in Clairemont, went to you are borrowing $701,500 less, which day looked grew are selling and people are getting loans. the Y? then explore how Reverse Mortgages KensingtonatLibrary, With never know whether we were at the an all-time “high” or “low” untilwork. we are puts and you the in the conventional financing Mission It’s still a bit early to see anytheprice Visit https://www.instagram.com/ cost living going Ave from the 15 to Vista St. Bay High School and on the other side of it. It is true that, as a of home seller, oneupwould havestock Adams ymcasandiego/ to view their Holiday Party Toys you attended San Diego State for adjustment trends as we to measure market on a volatile andnow. down done much better if selling 6-9tend months ago rather thanupcategory, right Itmany is lenders will stillforallow Tots Event! trajectory, the Reverse DonÕt forget to stop is aas 5% down. toMortgage put little All loans and by my ofÞce college, “GO AZTECS!” Along over a 3–6 month time frame alsothat truetrend that as a home buyer, one would have benefitted fromashalf dynamic tool to take (4134 Adams Ave Ste 105 right advantage of the and interest now. The fact remains that people still all lenders are not created equal, nor are thenext way Reynolds moved to we rate just being don’t charged have that hindsight The 8th Annual Holiday Lights Bike Ride equity buildup to defer payments and/or to Burger Lounge), we will be offering need to move, and need housing, which will continue to push the refreshments, games & fun giveaways! their financing programs. Contact me forat our Kensington San Francisco and after as of yet. But I can tell you that I am still We had an amazing turnout Annual Holiday Lights 20 Bike Ride! Despite the morning generate addtional cash particularly ßow. A Reverse Follow along at: kentalbiz.org/walkabout movement in the real estate market in a forward direction, . showers lender we still had around 200 riders and skies were cleared during the full and family rides! a referral to a trustworthy that can years in the Bay Area, she consistently seeing multiple offers on Mortgage can sectors also beand usedsuffer to purchase in areas that benefit from vast and varied work from Congratulations to our House Deocration Winners at 4119 Palisades, 5341 Marlborough, & 4207 provide to voted these decided a change properties in San Diego, particularly in the asuch property. Hilldale, ouryou teamneed of judges house asshe bestneeded decorated along our route, thank you to a lack of sufficient housing units, as our beloved San Diego.you the information
April 22nd everyone who decoreated their beautiful homesthe it was hardback narrowing it down to just 3. get started in your research. and made move to her $1.2 million range and below with both Special thanks to our community for coming out and joining us, hope you had a great time! KenTal Earth My my advice is this: hometown of San Diego. Business After Day buyer and seller clients.To Ofqualify course,for the most common Home This annual event is organized by the Kensington Talmadge Association, Equity Conversion Mortgage, or HECM, Celebration If you would like to explore buying and/ going to area open houses, this depends on the location and overall for more information visit KenTalBiz.org. at least must be 62 years of If you are considering buying a home thisone year,spouse think LONG TERM. 11am-2pm or selling in this ever changing market, she came across Talmadge. presentation, but with an already very age. The eligible loan amount is based on the value of the property and Gone are the days when you can count on making a profit within a 2 the age the of give me at 619.944.2798 or email youngest According to Reynolds, “I loved set housing inventory forThis buyers Once determined, liens yearlimited timeofframe and thenborrower. move on/up. has alwaysany beenexisting thea call Trees KenTal invites you to KenTal on the havefrom, toeven beit’s paid off and the HECM loan will go into atremains Megan@MeganB.com. I’d be happy the friendly neighborhood vibe outproperty choose even advice Ithere gave to will my clients, prior to tighter pandemic timesme and Earth Day Celebration at the Þrst position. A few facts: there is no mandatory payment required on as such. 10 years from now, chances are you will be glad you paid that Kensington Park, right next to the to discuss with you what sets my service and all the planned activities. now. Those that can still qualify for a the loan, the client has to bedug an owner occupant, pay taxes and extra $10-$20k that the seller their heels in for. With that time Library. There will be free tree apart from the rest! I haven’t seen a neighborhood loan are to taketheadvantage of the insurance andable maintain property,the and the offers. ownerIshas ownership frame in mind, consider the longevity home thisfull a space giveways, exhibitor booths, live quite like Talmadge.” low ratesgrow andin,achieve dream and title to can the property. yourstill family will you their be able to beofcomfortable here for music & activities for all ages! moving up, or downsizing. 7-10homeownership, years? As long as the client lives in the property, there is no payment due. In May of 2019,For Reynolds made more information contact Steve Should one of the spouses pass, the other one is still fully eligible to If you are acan home readythese to rumble! Davis at Talmadge her home. A steve@treeskental.org graphic Loans be seller, a littleget tricky days Buyers have more remain in thethese home.days, Thebut HECM loan comes with Þxed rate option and negotiability that doesn’t mean youaare getting the designer for 25 years, she has for a primary residence and trickier still ashort variable rate option. At the end of the journey, if there is any end of the stick. Likely, you are still benefitting from a significant The Annual Talmadge Caroling at the business, Circle owned her own design foralbeit an investment a primary deÞciency, i.enot thewhat loanitproperty. balance isFor greater thanspring the value of the profit, would ave been in the of 2022. Megan’s Moving Box Another one for the books! The Annual Caroling at the Circle is one my favorite neighborhood property, then the client is not responsible loss to Olivetogether Designforfor yearsofand is a huge success we residence with many (but all)fora any the lender. If events in Talmadge, I love putting this event Remember thatloan, selling a property andnot buying property is most our20 community. What Exchange there is equity then the heirs can sell the house and proÞt from the had this year, it was a great time catching up with Friends & Neighbors, we laughed and we even successful is acount win on sides. currently freelancing. Ultimately, lenders,when you there should onboth having at Prepare yourself for this sang some Hanukkah songs to kick off the first night of the festival of lights! Special thanks to all the equity. andleast be strategic - both in your and she istocircle looking for a permanent 20% down if you are pricing needing toin your preparations. It is Talmadge neighborsBox whoExchange decorated the traffic so beautifully, and to Tom Barb, who makes a Our Moving is here imperative to set your property apart from the others. You can do so terrific Saint Nick! Hope to see you December 2023! employee position (hint, hint). borrow $701,501 or higher as this puts you stay! It’s been a year since I started Ifbyyou would the like advice to explore a professional Reverse Morgage is right following of a whether real estate regarding pre- for you, this exchange, and it has beenYou a can find her online portfolio in theabout “jumbo category. Most lendersfeel or learn anyloan” other loanrepairs, products, please to reach marketing suggestions (paint, inspections, andfree staging for out to huge success. Dan Keyes, local Loan at wendyreynolds.myportfolio. are still Kensington’s processing VA loans up and to $1Retirement million Mortgage example). Specialist. com. In her free time, Reynolds $0 down (always an incredible opportunity Give me call to schedule an If you have been considering buying and/or selling real estate, I would appointment to drop off your loves hiking, mountain biking, OfÞcer Retirement Mortgage welcome the opportunity Loan to meet with &you and discuss what mySpecialist ßattened boxes, or to pick up print a fewmaking, art shows and proven strategies can do for in 2023. Western Financial Funding, A you division of C2Contact Financialme at for your move. happy hour. Her passions Megan@MeganB.com or 619.944.2798! 619.665.3988 | DKeyes@WesternFinancialFunding.com include travel, photography Let’s continue doing our part in 4134 Adams Ave., Ste. 105, San Diego CA 92116 May this year prove to be prosperous and joyful! I look forward to and she loves her adorable dog, creating less waste for our planet! NMLS#232097 | DRE#01123090 seeing you around the neighborhood! Diego. If you see them out in the neighborhood, be sure to Have questions about real estate? Contact Megan! say hello! Happy to have you here, Wendy! Megan Beauvais
Dan Keyes,
REALTOR® 619.944.2798
Have Real Estate? Estate? HaveQuestions Questions About About Real Contact Megan! Megan! Contact megan@meganb.com DRE 01426805
Megan Megan Beauvais Beauvais REALTOR¨, REALTOR®, GRI, GRI, DRE# DRE# 01426805 01426805 || 619.944.2798 619.944.2798 || Megan@MeganB.com Megan@MeganB.com || www.MeganB.com www.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. Compass is areal realestate estatebroker brokerlicensed licensedby bythe theState StateofofCalifornia Californiaand andabides abidesbybyEqual EqualHousing HousingOpportunity Opportunity laws.License LicenseNumber Number01527365. 01527365.AllAllmaterial materialpresented presentedherein hereinis isintended intendedforforinformational informationalpurposes purposesonly onlyand and Compass Changesisina 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 laws. are approximate. is compiled from sources sourcesdeemed deemedreliable reliablebut buthas hasnot notbeen beenveriÞed. verified.Changes Changesininprice, price,condition, condition,sale saleororwithdrawal withdrawalmay maybebemade madewithout withoutnotice. notice.No Nostatement statementisismade madeasastotoaccuracy accuracyofofany anydescription. description.AllAll is compiled from measurementsand andsquare squarefootages footagesare areapproximate. approximate.This Thisisisnot notintended intendedtotosolicit solicitproperty propertyalready alreadylisted. listed.This Thisinformation informationisisprovided providedforforinformational informationalpurposes purposesonly onlyand andis isnot nota asolicitation, solicitation,recommendation, recommendation,offer offeroror measurements promisetotoprovide provideservices. services.Compass Compassisisnot notoffering offeringlegal, legal,Þnancial financialororother otherprofessional professionaladvice. advice.Compass Compassreserves reservesthe theright righttotorefuse, refuse,reject, reject,ororcancel cancelthe theprogram programforforany anyreason reasonatatany anytime timewithout withoutliability. liability.Compass Compass promise offersno noguarantee guaranteeororwarranty warrantyofofresults. results.Subject Subjecttotoadditional additionalterms termsand andconditions. conditions.Home Homemust mustqualify qualifyunder underCompass CompassConcierge Conciergeguidelines. guidelines.Subject Subjecttotoadditional additionalterms termsand andconditions. conditions. offers