Message From GAR
Market Report Overall Ytd Sales Volume Up 10% From 2010
Feature Your First Mortgage Buying a house may very well be in your resolution list.
In Our Community IT&E Dedicates New Playground in Umatac
On the Cover Dream Living Our Environment Be A Greasebuster
January 2012 • Vol. 5 • No. 01 P.O. Box 24881 Barrigada, GU 96921 Tel: (671) 472-3495 | Fax: (671) 472-3498 email: email@example.com
|Publisher| |Business Sales Manager| Jay-R S. Dominguez
|Display Advertising| 16
Profile Jodee Duenas Growing Up in Real Estate
Experts Bertha Evangelista Title Insurance and Escrow-Who Needs It?
Darrell T. Pereda Doris Pangelinan John Mendiola Vince Cruz Emily Untalan
|Traffic/Circulation Manager| Josie Redmond
|Production Manager| Mark S. Burke
25 26 28
Home Finance Refinancing How to D.I.Y. How to Replace a Leaky Toilet Filler Valve Contractor’s Corner Highlight on: Hawaiian Rock Products Who Ya Gonna Call? Classifieds Closing Guam Association of Realtors® Happy New Year Guam
|Graphics & Layout| Mark S. Burke Edwin Valencia
|Editorial Contributors| Faye Varias Creative Services Elizabeth Duenas W. Nicholas Captain Peggy Araullo Llagas Shaina Santos Angela Rosario (GRESCO) Calvin Hernandez Mark S. Burke Brad Ruszala Janiece A. Sablan
Cover Photo: Mark S. Burke CasaGuam is Published by:
Message from the President By Elizabeth C. Duenas e-pro®, CRS®, CIAS®, REALTOR® Associate Broker RE/MAX Diamond Realty
Hafa Adai! Wishing you all a Happy and Prosperous New Year!
As we leave 2011 behind, we start 2012 with new resolutions for ourselves, our businesses, and our community. Guam is a very special place and has met many challenges over the years. We continue to work together to build our community and our businesses despite the changes in our economy. The infusion of cash from the tax refunds was definitely a highlight for families and local businesses. The monies came at a perfect time for the holidays. The anticipation of the military buildup boosting our economy has dissipated with budgetary constraints with the U.S. and Japan Governments. Nonetheless, Guam still shines bright! As the Guam Association of REALTORS® President for 2012, I would like to introduce our Board Members: President Elizabeth C. Duenas, REMAX Diamond Realty President Elect 2013 Clare Delgado, Century 21 Commonwealth Realty Vice President Ryan De Guzman - Century 21 Commonwealth Realty Treasurer/Secretary Neat Muna - White House Realty Immediate Past President Anthony Godwin - Today's Realty National Director Christopher Felix - Century 21 Realty Management State/Local Director Scott Campbell - Coral Sea Realty State/Local Director Toni Johnston - Century 21 Realty Management State/Local Director Bree McDowell - Advance Management State/Local Director Deanna Palmer - REMAX Diamond Realty State/Local Director Layla Raymanova - Century 21 Commonwealth Realty State/Local Director Noli Villaverde -Century 21 Commonwealth Realty State/Local Director Louisa Wessling - BHI Realty Executive Officer Peggy Araullo Llagas Our team of Officers and Board of Directors, along with our membership will continue to work with the community in providing service as we believe that - "HOME OWNERSHIP MATTERS!"
GUAM ASSOCIATION OF REALTORS® 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.
By Nick Captain
Market Repor t
Overall YTD Sales Volume Up 10% From 2010 Guam Median Housing Price Plummets; Median Single Family House Price Down 25% From Prior Quarter; Foreign Investment Rebounds; Second Quarter Sales Volume Up 42 Percent To $91.6 Million
ctivity Update – Mixed signals once again dominate Guam’s real estate market as foreign investment has rebounded, but economic realities and uncertainty over the military build-up negatively impacted market activity during the 3rd quarter of 2011. The rebound in foreign investment was highlighted by two major transactions that boosted overall quarterly sales volume to $91.6 million, an increase of 42 percent from the prior quarter. The closing of the Sherwood Hotel and the sale of an 11 acre beachfront site along Tumon Bay highlighted transaction activity and impacted 3rd quarter sales volume by over $30 million. Year to date 2011 real estate sales activity reflects $257.9 million, up by almost 10 percent compared with the same period in 2010. The third quarter reflected a rebound in high priced sales with nine transactions closing at prices above $1.0 million. The high end single family market also rebounded with 17 properties selling at prices above $400,000. However, it wasn’t all positive news during the third quarter as the median prices of Guam houses and condominiums plummeted. Although the single family housing category reflected a relatively healthy 146 unit sales, the median price dropped by 25 percent, the sharpest drop since the 26 percent decline reflected during the global financial crisis impacted 1st quarter of 2009. The median home price on Guam remains strongly correlated to the product mix ratio, or the relationship between the number of new vs. older homes sold. When the ratio of new houses is high, the median price tends to increase, because new houses typically sell for higher prices than older homes. If the new home sales product mix ratio continues to decline, the median price level is likely to decline further. Guam median housing prices first exceeded $200,000 in mid 2007, and peaked at $268,000 during the 2nd quarter of 2011 due to the atypical ratio of new home sales. Total single family home sales in 2011 are projected to reflect 575 units, down sharply from over 700 units sold annually between 2006 and 2008, but far higher than the record low 380 units sold in 2000. Guam median house prices increased dramatically from less than $110,000 in early 2003 to $170,000 by late 2006 as product sold transitioned from low priced foreclosure sales to new construction. The annual median home price ranged from approximately $195,000 to $220,000 between 2007 and 2010, but increased sharply during the first half of 2011 due to the significantly higher ratio of new home sales, many located with Guam’s largest subdivision, Paradise Estates. Guam’s condominium sector also reflected a sharp decline in median price during the third quarter of 2011 as sellers remain reluctant to reduce asking prices and sales volume has shifted to lower priced units. The 36 condominium units sold and $119,500 median price reflected during this past quarter were nearly identical to the second quarter of 2000, nearly 10 years ago, indicating that future increases are imminent in this notoriously volatile sector of Guam’s real estate market. During the 3rd quarter, only three condominium sales closed at prices above $400,000 with the vast majority of sales closing at prices below $200,000.
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Notable Transactions – Third quarter 2011 sales volume included two industrial property sales at prices over $1.0 million, including the $2.1 million sale of the 21,600 square foot Proline warehouse complex in Harmon Industrial Park. Multifamily apartment sales during the quarter included the $2.5 million sale of the 66 unit Granada Apartments Complex at Oka, Tamuning. Commercial property sales during the third quarter included two grocery store related properties at prices from $800,000 to $2.5 million. In addition to the $17.6 million Tumon beachfront sale, the nearly 250 land sales closed during the quarter included three deals priced above $1.0 million and two sales reflecting unit rate prices over $200 per square meter. Land sales at Guam’s premier gated residential communities have stalled with no lot sales recorded at Talo Verde or The Laguna at Pago Bay Resort during 2011. Guam’s premier residential subdivision, Talo Verde, continued through its foreclosure related sales activity with Department of Land Management records reflecting seven Talo Verde Acquisition LLC house sales during the third quarter at indicated prices of $540,000 to $600,000 with buyers including Guam Pinnacle Corporation, Manu Melwani, Tamio Clark, Felix P. Camacho and Louie Yanza.
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In Our Community
IT&E Dedicates New Playground in Umatac
By Brad Ruszala
IT&E, the Marianas Communications leader is proud to announce the dedication of the new playground facility in Umatac’s Justice Memorial Park at the Umatac Mayor’s Office this Sunday, December 18, 12:30pm. According to IT&E CEO, Ricky Delgado, Jr., the idea to revive the IT&E playground projects came at the suggestion of an IT&E employee and fell directly in line with his commitment to the local community. “We made a promise when we acquired the assets of IT&E Overseas, Inc. in 2008 that we would continue their legacy as a responsible corporate citizen, and that’s exactly what we are going to do with community projects like this” Delgado said. The festivities in Justice Memorial Park comes on the heels of a ribboncutting ceremony in the Northern Mariana Islands where IT&E dedicated a new playground facility at Pakpak Beach in San Antonio, Saipan on Friday, October 28, with a pledge to completely revamp two additional sites. IT&E donated the original Umatac playground equipment to the Village of Umatac on June 24, 1999, and was one of seven playgrounds donated by IT&E in the 1990’s that included Mongmong-Toto-Maite, Hagatna, Merizo, Mangilao, Dededo and Barrigada. The Justice Memorial Park in Umatac is especially significant as it was dedicated to Justice Josephine Gofigan Taitague, affectionately known as "Justice", the miracle baby born to Anthony and Lynn Taitague who later died of Non-Hodgkin's Lymphoma in 2003. According to Delgado, IT&E is looking for other projects that can lift the spirits of the community in the near future. IT&E would like to acknowledge the assistance of Mayor Dean Sanchez and staff whose cooperation and assistance to make this happen quickly, Dr. Thomas Shieh, MD, FACOG, who pushed for the playground at the Umatac site, and Erlinda Montecalvo, who assisted with coordinating the event.
Below- (L-R): IT&E Chief Operating Officer Joseph Camacho, Governor Edward Calvo, Dr. Thomas Sheih and various children from Umatac, prepare to cut the ribbon, opening the new Justice Memorial Park playground.
Making the decision to buy a home is a huge milestone. While it may be one of your new year’s resolutions, it’s important to note several things before leaping in. The Guam Association of Realtors’ new Housing Opportunities Web site at www.guamhousingprograms.com describes the items below as the things you need to remember before signing up. 8 CasaGuam Januar y 2012
Your First Mortgage Buying a house may very well be in your resolution list. By Faye Varias The bigger your down payment, the better One of the rules of thumb when applying for a mortgage is that the bigger your down payment, the lower your monthly payment and the less interest you’ll pay in the long run. Plus if your down payment is 20 percent or more, you won’t have to pay private mortgage insurance, which is a premium added to protect lenders for mortgages considered a higher risk. There are low down payment options For people who don’t have a huge amount of money set aside for a down payment, mortgage experts can advise you of resources available to you. Even if you put down ten percent on a down payment, you may be able to avoid insurance premiums depending on how your loan is structured. The key is balance During your lifetime, a mortgage payment may very well be your largest expense, so it’s good to balance this with your regular expenses. While there is no set rule for how much you should spend on a house, some experts advise that you shouldn’t spend more than two-and-a-half times your yearly income. Other industry professionals say living expenses, including mortgage and utilities, should take up no more than 35 percent of your total monthly expenses. It’s important to create a budget that will enable you to meet all your financial responsibilities. Get pre-approved It's a good idea to get pre-approved for a mortgage, before you make an offer on a home. A lender will pre-approve you based on your income, debts and credit. By getting pre-approved, you will know in advance how much you will be able to borrow so you won't have to make your offer dependent upon securing financing. It is a good idea to get offers from several lenders. Do your homework One of the most important things you can do is learn about the different kinds of mortgages available so you can choose the best one for your needs. You have several options: · Fixed-rate mortgages let you borrow money at an interest rate that stays the same for the life of the loan.
· Adjustable-rate mortgages (ARMs), have rates that fluctuate according to the market. · Hybrid mortgages have fixed rates for a certain period and then switch to adjustable rates. For instance, a 5/1 ARM lets you pay a fixed rate for five years and then adjusts your rate annually after that. · Option ARMs give you several payment choices each month, from a low interest only option to a fully amortized payment. Here’s a handy checklist to make sure you’re on the right track. Good luck! 1. Get a free copy of your credit report. 2. Know your rights. Visit www.hud.gov. 3. Research mortgage companies - shop around for the best interest rates. 4. Know what loans are available for first-time homebuyers. 5. Get pre-approved. 6. Calculate your own budget to see how much you can afford. 7. Define your wants and needs in a house - new construction vs. resale. 8. Check out the local school districts. 9. Narrow down the area you want to live in. 10. Start looking at homes. 11. Talk to the neighbors in the areas you are looking. 12. Get a copy of the local crime report for the neighborhood. 13. Pick a reputable REALTOR ®. 14. Find an attorney. 15. Check comparable sales in the neighborhood. 16. Make an offer. 17. Start negotiating - be prepared to walk away if you don't get what you want. 18. Ask the seller to purchase a home warranty. 19. Sign the contract. 20.- Apply for homeowner's insurance. 21. Get the home inspected - know what to look for at your home inspection. 22. Set a closing date and know what the closing costs will be. 23. Do a final walk-through of the home.
On The Cover
Life on the Beach Tumon Beachfront Luxury Condominium Imagine coming home to gorgeous sunsets, tranquil sounds of the ocean, breathtaking views and not to mention front row seats to fireworks on New Year's and the 4th of July! The spacious 4Bd 3Ba 2,300s.f. unit, wrap around balcony, negative edge swimming pool, full back up generator, back up water is luxury at it's best. Dream living with a Dream view! Asking price $1,430,000.
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BE A GREASEBUSTER AND HELP KEEP OUR ISLAND GREEN & CLEAN By GRESCO e all know we’re not supposed to pour used cooking oil, bacon fat, or other grease products down the drain, but we do it anyway. And GRESCO knows it happens anyway because we are often called to open kitchen drains when they get clogged, and remove globs and globs of solidified cooking grease. We recently replaced some kitchen pipes for a remodeling project and peered through a section of drainpipe after it was removed. A layer of solidified oils and fats had reduced the width of the pipe to only 3/4 of an inch. It was only a matter of time before a small piece of food lodged itself in the grease and caused a clog! Even if you run lots of hot water and soap down the drain while pouring the oil, it’s still going to collect on the pipe walls and turn into a sludge that is hard to remove from your pipesoften requiring high-pressure water jetting. But if we’re not supposed to pour greasy and oily substances down our drains, then what do we do with them? Here’s what you can do: Keep a sealable container like a peanut butter jar or pickle jar (either glass or plastic if you’re afraid glass will break) near your sink, and after the oil has cooled enough (especially if you’re using a plastic bottleyou don’t want to melt the plastic), carefully pour
the grease into the jar. When the jar is full you can throw it in the garbage if it’s small, or drop it off at any one of GRESCO’s locations.* You can also use the grease in a compost heap if you have one, or take it to our local landfill. Contact Guam Waterworks Authority or Guam EPA for more information on how to properly dispose of used cooking oil and grease. During the Great Depression, families would often re-use their cooking oil several times before discarding it; and during WWII, families used to save their bacon fat in jars and donate them to the war effortwhere factories would use the fat to create glycerin for explosives. Today, you can still use your cooking oil more than once if it was lightly used and you strain it through a fine mesh strainer or cheesecloth. GRESCO has developed a recycling program and drop-off points for used cooking oil to be safely disposed of and recycled as fuel. Each household is allowed to drop off up to five gallons of used cooking oil per month; free of large food particles (bones, solid fat particles, etc) and other debris such as paper, plastics, and Styrofoam, at any of our several locations throughout the island. Be a GREASEBUSTER and help keep our island green and clean.
TO HELP STOP FOG 12 CasaGuam Januar y 2012
Yogita “Payal” Hemlani 482-5263 REALTOR®
This is a great affortable unit for those needing something centrally located. Near University of Guam,Guam community college, high schools and churches. Perfect for students and teachers. The complex has a swimming pool, playground area, laundry facilities and assigned parking.
A well maintain 5BR 3BA house located in the heart of Mongmong-Toto-Maite. Fabulous yard work and landscaping. Concrete fenced and gated with ample yard space. Sold ''AS IS'' condition. MUST SEE TO APPRECIATE.
This 2 bedroom townhouse is exceptionally spacious, upgraded and partially furnished. Upgrades include new kitchen counters,new fixtures,stainless steel appliances,fresh paint and much more.
Investment property! Total of 6bedroom and 5Bathroom Duplex, 5mintues from AAFB. This will be a great investment for military rental.
This gated community has a community center, playground and mail delivery. A great Value for this 3 bd 2 ba home. Better than new and ready for you!
Great Opportunity for you to start owning real estate! This large 3 bedroom 2 bath condo is on the third floor and is priced to SELL. Full Size washer/dryer inside, central a/c, and 2 inch blinds come with the unit. Low common area fees.
Dededo $175K Living area is 1800 sq ft, with 3 bd, 2 ba. Energy efficient home with solar power panels and windmill for being ''off the power grid'' on Guam's sunny days or after a storm! Full typhoon shutters including the carport! High pitched ceilings and vinyl flooring throughout.
Deanna Palmer 688-2855 REALTOR®
Evelyn San Gil Burke 488-2703 REALTOR®
Rent out this quaint little house which sits on 1-1/2 acre lot. A rustic backyard kitchen/bbq area is super for entertaining. Section 8 tenants are welcome! Located next to the Talofofo caves...and should you fall in love with the location, you're in luck! The entire kit & caboodle is also up for sale (MLS 11-3511). Make that call & check it out!
Stay in Shape! Rent this newly renovated 3bedrm/2bath unit on the 3rd floor. Warm color palette make it easier to decorate. Stainless steel appliances, Swimming Pool, two assigned parking stalls. Save GAS! Convenient central location-so close to shops, beaches, schools, churches, restaurants, movie theaters, etc. Call for a showing right away and move in soon!
Enjoy the sunsets from this quaint, fully furnished oceanview studio just minutes from downtown and Big Navy.
Agat $35K Bank foreclosed M-1 lot near the beach in Agat.
Affordable!!! Own this half acre of land at the end of Chalan La Chance. Great place for farming or starting your own family compound. Four other neighboring lots also for sale. Seller more negotiable if you buy all five. Buyer to do due diligence regarding availability of utilities.
Ki Myong Song REALTOR®
Yona $875K MLS# 11-3087
Ordot-Chalan Pago $50K WOW! Sure, it's a challenge, but an ARTchitect with vision & an IMAGIneer can do wonders on this lot! Imagine a home or an apartment complex overlooking this tranquil valley view! OR if you need a perfect place for your backfill, here it is! Your reality is only a phone call away. Call your REALTOR and check out the possibilities-NOW!
One of the first true executive homes. Secured Mangilao MLS# 11-4483 gated yard, 3 car garage, $1,700/mo full back up generator. Barrigada Well kept 3bd/2bath home Master bedroom with $75K in a quiet neighborhood in workout room. Home office, Latte Heights. Great family room, large kitchen You could not dream of a Assoicate Broker and..swimming pool all better location! Barrigada location, just minutes to overlooking the golf course. on the way to Admiral AAFB! Nimitz Golf Course. R2 firstname.lastname@example.org zone, fronting a paved road with utilities off Cepeda Way.
Gina Campos 687-8885
Cocos Island Road $2,600/mo
Ordot Chalan Pago $40K Lot is located in quiet area. Homes near by. Owners are negotiable. MLS# 10-4243
Large 3 Bedroom, 2 ½ Bath House with Large Balcony, Ocean & Mt views, Large Yard partially fenced Community Swimming Pool Large Kitchen with Granite Counter Tops Large master bedroom with walk in closet, all split air conditioners, Master Bath Jacuzzi & Separate Shower, Water Softener, Back up Generator & Water, & safety glass windows. All ceramic tile floors, inside laundry room. Located above Apra Heights off Cross Island Road About 5 Minutes to Naval Station.
Great corner lot in quiet neighborhood. Build your home here! Power and water close by. MLS# 11-573
Nicely renovated & tastefully furnished 2 bedroom 2 full bath unit with granite counter tops in kitchen and bath, full size washer and dryer, fully furnished; security screen doors, gated parking, close to beach, movies, shopping. 7 mins to Big Navy base. Is a must see!
Agana Heights For Sale - $275K For Rent - $2,500/mo
Great condo / commercial space with Ocean views... Unit was converted from a residential unit to a commercial unit. Located on the 2nd floor - with access and parking on the same level from the rear of the building.
Nice new house in Toto with all new appliances.Please call your favorite Realtor for showings.
Nicely renovated Las Palmas phase I unit for lease. Beautiful Kitchen and Baths, currently tenant occupied, call for a showing. It shows well!
MLS# 11-3385 MLS# 11-3360
Santa Rita For Sale - $585K For Rent - $4,500/mo
687-0911 Associate Broker
MLS# 11-3697 MLS# 11-4263
Executive Home - ocean view from the 2nd floor balcony deck 4 bedrooms 4 baths, granite counters and floors, 2 car garage, 15KW backup generator...Seller credited at closing available.
Yigo $190K Just Reduced and Great investment unit in Perez Acres with POSITIVE CASH FLOW.
Make this cozy tropical retreat & charm your new home. Warm wood (laminate) floors in zen w/ the kitchen cabinets, granite countertops & the landscaping. Family room provides the perfect home office & staging area for an active family. An expansive garden at the back of the house is easily accessed from the dining area. Located w/ quick reach of your life's activities in the popular community of Barrigada. A quiet street of homes w/ sprawling gardens, this is your home.
Tamuning $1,000/mo Apartment close to everything!
Nicole Sablan 988-6865 REALTOR®
MOTIVATED TO SELL! A profit-making, easymanagement, low-maintenance laundromat in Guam’s fastest growing neighborhood.
First floor Tumon condo within easy walking distance of beaches, Mangilao entertainment, great $2,200/mo Patricia Feore restaurants – yet an Charming, Warm, easy drive north and REALTOR® Spacious! All this and south of Guam. 688-6989 more from this home email@example.com that’s just 10 minutes www.guamrealestatedeals.com from Naval Hospital.
firstname.lastname@example.org For more information and pictures go to www.nicolesablan.com MLS# 11-3486
Talofofo $2,450/mo Absolutely fantastic home in God's Country. Located in a small new subvision off Rte 4. Very peaceful & well kept. Some amenities included are: Granite counter tops, Master Jacuzzi Tub, Walk in closet, all appliances & a/c's, security alarm, 2-car garage w/automatic remote control, & a nice covered patio, great for entertaining. Call your favorite REALTOR® for a showing today.
Just about completely upgraded, this 3Bedroom 2.5Bath home, plus dirty kitchen is ready for you and your growing family to occupy. Home is fenced and gated for privacy as well. Call for a showing.
Yona $1,600/mo Spacious home in Windward Hills for lease. Yard is full of fruit bearing trees. Fence and gated for privacy.
Jodee Duenas 727-5633 REALTOR
Land 932sm in Tamuning adjacent to Airport Hotel for rent/lease.
email@example.com For more information and pictures go to
Agat $2,200/mo You'll appreciate this large living space with yard to enjoy for those island bar-bq style gatherings. Also comes with enclosed outdoor kitchen with split a/c unit, outdoor bath, laundry area, lots of storage space, split a/c units and ceiling fans throughout home to help cool down your power bill, only 5min. drive to Naval Station.
Half acre cul de sac lot in growing neighborhood with power and water on site...From route 3 NCS Dededo, traveling towards AirForce Base, make right on Chalan Castro, take 1st right into Kayen Cocora, lot on end of paved road. Call for more details.
Jump at the opportunity to own this GREAT 4 bedroom 2 bathroom starter home in an established neighborhood.
Ron Pangilinan 687-8871 REALTOR®
Ordot Chalan Pago $235K Brand New affordable 3 bedroom 2 bathroom home with carport. Property is fully fenced and includes typhoon shutters and A/C units.
Great Unit in a Secured Community. Live in this fun Filled recreational neighborhood. Comes with Pools, Basketball court Running Sidewalk areas.
Dededo Business for Sale $150K Looking for a business Venture? Great Business to invest on.
By Shaina Santos
Growing up in Real Estate Jodee Duenas shows that being a Realtor is serious business.
Jodee Duenas REALTOR® for RE/MAX Diamond Realty
Age: 36 Husband: Anthony Yatar, Jr. Children: Athan Joel Yatar & Arren Jacob Yatar Hobbies: Baking, traveling, and spending quality time with my family and friends. Motto: The Golden Rule: Do unto others as you would have them do unto you.
Most people think real estate is a ‘get rich quick’ job. It requires tons of training, long hours, and lots of family support.
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Jodee Duenas grew up working. Her parents, who owned several businesses, instilled in her strong values and a work ethic that would carry into Duenas's professional career. Duenas, now 36, holds an associate’s degree in accounting and a bachelor's degree in business administration with an emphasis on marketing. “My parents actually challenged me when I graduated from UOG to join them in the real estate field. Back then, it wasn’t my first choice. I figured that since I had a degree I could get a real job and real estate, to me, was not a real job,” she said. But when Duenas decided to join her parents' business as a property manager and bookkeeper, she chose to go “all in” and become a full-time Realtor. “The first several years I was known as John and Liz's daughter, just a shadow. Over the years I established my own customer base which led to more business and referrals. I found this very rewarding, especially helping local families and those relocating to the island. This was all the motivation I needed to continue and here I am 14 years later.” Today Duenas is a licensed Realtor at Re/Max Diamond Realty. Though Duenas has had success in the field, her biggest deal selling a million-dollar condo in Tumon, she does share that there are challenges. Duenas recalls some of her biggest challenges as working a transaction only to have it fall through due to unforeseen issues. “Most people think real estate is a ‘get rich quick’ job. It requires tons of training, long hours, and lots of family support. Sales transactions can take up to a year to close, and by then, your hourly wage almost feels like cents. It takes follow through and effort to keep the whole transaction together — so many things can go wrong. This is where experience and tenacity come into play.” Duenas encourages prospective customers to be prepared. “Banks have become much stricter with newer guidelines. Have all your financials ready to qualify. You will need a good credit score and enough saved for your closing costs. Your purchase will be much smoother and less stressful having those things in place.” In the future, Duenas plans to continue to succeed in her field. “My goal is to provide the best service to my clients & customers and truly make the experience as pleasant and hassle free as possible. Being born and raised on Guam, I have an abundance of knowledge about the island and culture that will make their stay on Guam extraordinary.”
From The Experts
Title Insurance and Escrow-Who Needs It?
By Janiece A. Sablan
uying a home is an exciting experience but it is not one without risk. Compare the transaction to the game of “Hot Potato” with the home being the very expensive potato. You wouldn’t want to drop it--not without insurance! That is why this smart guy named Benjamin Franklin created the concept of title insurance. A title and escrow company protects much more than just small potatoes. It protects one of the largest financial investments you’ll ever make. For first time home buyers, the terms “title insurance” and “escrow” may need some defining. Title insurance protects the purchaser or property owner against a loss that may arise by reason of defect in their ownership or the interest they have in real property for as long as they hold the title to the property. “Escrow” is the holding of money or documents by a neutral third party prior to closing. Title insurance generally falls into two categories: Lender’s Title Insurance and Owner’s Title Insurance. The Lender’s Policy is required by the Lender and the Owner’s Policy is optional. Of course, the best case scenario is for the Buyer to acquire both types of insurance for maximum coverage. Fortunately, title and escrow companies generally discount one or the other if a customer is purchasing both types. Escrow fees vary from company to company. Some use a sliding fee schedule while at least one company just applies a flat fee. The lending institution you are working with on your mortgage loan will supply you with a list of title companies to choose from. A federal law called the Real Estate Settlement Procedures Act (RESPA) entitles the individual homeowner to choose a title insurance company when purchasing or refinancing residential property. Of course you can just pick one
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as there are only a few on island. The conscientious Buyer would likely want to do a bit of homework before selecting a company. Ask around and find out who your family and friends recommend. The Buyer is responsible for paying for the Lender’s Policy, the Owner’s Policy if they opt to receive it, and the escrow fees. It makes sense to do a little shopping around. Fortunately, Guam only has three major title insurance and escrow companies, so there isn’t too much work involved. Find out what kinds of discounts they offer as well as special services that are included in fees as opposed to added on later such as notary fees. Companies may offer lower rates to Buyers who qualify for Guam Housing Corporation or Rural Development loans. Most importantly, you want to feel confident about the work of the title and escrow company you choose. You want to know that the company you select is going to do a thorough job researching the title for the property you are purchasing. What’s the big deal you ask? All property has changed hands at one time or another. Sometimes many such changes have taken place. When you receive the title, you want it to be “free and clear”. If there are encumbrances, the title and escrow company will do its due diligence to find these defects through its research. As you sit in your lending institution trying to decide which company to use for your title and escrow needs, remember that you can be a proactive consumer and make a well-informed choice with just a little bit of homework. Title Guaranty was appointed Business Agent for the top two Title Insurance companies in the United States, Fidelity National Title Insurance and Chicago Title Insurance Co. The company continues to utilize the services of
Bertha Evangelista President, Title Guaranty of Guam
Ticor Title Insurance company in addition to the two new underwriters. This allows Title Guaranty increased flexibility with fees, especially with larger purchase prices.
Refinancing By Calvin Hernandez
ow mortgage interest rates may present an opportunity for you to save money and help manage your finances. Before refinancing your mortgage, you must carefully weigh your options and look at your overall financial status to see if it is a feasible option. For clarification, having an existing mortgage loan does not necessarily mean you could immediately qualify for refinancing. Your financial situation may have changed from the time you purchased the home to now. For example, increased debt, decreased income, or a lower credit score may adversely impact your qualification. The typical refinancing programs are a straight refinance and a cash-out refinance. A straight refinance is the most common where you pay off your existing mortgage and open a new mortgage with new rates and payment terms. A cash-out refinance leverages the equity in the home and allows the homeowner to take some of the cash out and use it for other purposes such as consolidating bills or funding a home renovation, college tuition, wedding, or christening party. For people with a VA loan, the VA has a streamline rate term refinance program called Interest Rate Reduction Refinance Loan (IRRRL) may allow veterans to refinance without the requiring an appraisal. Advantages of refinancing include: • saving money by lowering your monthly payment • lowering overall interest payments • shortening the loan terms • Consolidating higher interest debt. In some cases, refinancing to a new 30-year mortgage combined with lower interests may spread the cost of the loan over a longer period thereby allowing some breathing room to pay off your existing bills. Some considerations when refinancing include taking into account the closing costs. These costs can include title fees, insurance premium changes, loan origination fees, discount points, appraisal fees, and pre-payment penalties on your existing mortgage. There are also risks to consider when transferring your unsecured debt such as a credit card or personal loan balance to a secured loan in which the collateral is your home. If you fail to pay, then you face the possibility of foreclosure. If you are considering selling your home in the near future, then refinancing may not be the right option as the additional cost of refinancing may reduce the profits from the sale. But if you have no plans to sell in the near term, the cost of refinancing can certainly be offset by the increased savings from the lower interest rates. Your lender can help you decide. If you decide to refinance, the process is similar to purchasing a home. Here are some tips to get you started. • Talk to your lender and provide your current mortgage terms and current balance • Lenders can calculate cost and savings • Make sure you get your documents ready. Check stubs covering a 30-day period and two years filed tax returns with W-2s provide proof of income. Obtain a copy of your hazard insurance policy and gather monthly payments and balances of your credit cards, auto, student and personal loans. Make sure to avoid incurring new debts such as in-store credit cards, pre-approved credit cards, or purchasing a new car. If you are thinking of applying for refinance, avoid changing jobs as lenders typically look at 2 years work experience to look at stability of income. Changing job status to retirement or occupational field may reduce lenders confidence with your job stability or capability in maintaining the new and untested position. If refinancing is something you’re considering, contact your lender to discuss suitable options. With interest rates at historic lows, this is a good time to ask the question. CasaGuam.com 19
H o w To D . I . Y.
How to Replace a Leaky Toilet Filler Valve
he conversation goes something like this... "We need an article for D.I.Y this month do you have anything?" "We could do an article about changing toilet fill valves..." "Nobody wants to talk about toilets...that's gross!" Well, do-it-yourselfers, let's talk dirty, let's talk toilet valve repair! The funny thing is we spend a lot of time around toilets and no one likes to think about them much until they start running, and running, and running... then you start to get the subtle hints. "…Honey, the toilet won't stop running, when are you going to fix it?" You've jiggled the handle but it just keeps on running. What to do? Well, here's the good news, the problem is the tank, not the bowl! If your toilet keeps running you have a problem with your fill valve or flapper valve. If you have an old worn out flapper valve, five to ten minutes and usually less than ten bucks is all it takes to replace it. If you can change a lightbulb, you can change a flapper valve! If your flapper valve is good then your issue is with the filler valve. Many times a running toilet can be fixed with a simple adjustment of the valve. In the older "ball float" types, you can simply adjust the float or bend the bar down to make the float sit lower in the tank, when the water rises the bar on the end of the float pushes down on the valve that shuts off the water flow. Valves also have a small adjustment screw on the top of the valve that lets you adust the point at which the valve closes. But what do you do when the fill valve won't stop running? Change it! Now, this is where a lot of folks get all confused and nervous, those things look complicated. They aren't; besides you aren't repairing the valve, you're replacing it, you can get a brand new one for around 20 bucks in most hardware stores. Most of us have the old bowl and tank style toilets. No matter how fancy your toilet design is, they pretty much all work the same way and have the same parts. The bowl is the business end, we won't be working there! The tank is just that. A water tank; nothing nasty there! Just a tank full of water and a couple valves and pipes. It's really simple, most tank valve repairs take less than 15 minutes. With most filler valves, it's as simple as unscrewing a pipe coupling, pulling out the old valve assembly, putting in the new one and reattaching the pipe coupling. Really! It’s that simple! So, let's change the filler valve, and since you're going to be in there anyway, it wouldn't hurt to change that flapper at the same time. To start, let’s take a look at your typical toilet tank. There’s a filler valve and float, an overflow pipe, a handle and chain assembly, a fill tube and a
20 CasaGuam Januar y 2012
By Mark S. Burke
3. Remove the Pipe Coupling and Valve Retaining Nut The pipe coupling and nut should come off easily, if you have an older filler valve, you may need a small pair of channel-lock pliers or a small pipe wrench.
Retaining Nut –>
<– Pipe Coupling
Toilet Tank Parts flapper; that’s pretty much it. Not so bad, right? Since we’re focusing on the filler valve today, let’s take a look at it. The picture above shows a typical “ball float” valve. Newer valve assemblies have built in floats, eliminating the need for those big ugly balls on the end of brass rods that corrode. Actually, if you think about it, these valves are brilliantly designed!
Cylindrical Float Fill Valve
Here is a step by step guide to changing the filler valve:
1. Shut off the Water: The shut-off valve should be located on the main pipe connected to the toilet tank. This is the pipe attached to the filler valve.
2. Flush the Toilet This empties most of the water fom the tank. You might want to have a small bucket handy to catch any remaining water when you take out the valve.
4. Remove Old Valve Assembly Believe it or not, that retaining nut is the only thing holding the valve assembly in. I told you this would be easy! You need to disconnect the fill tube (that little plastic tube connecting the fill valve to the overflow tube), then just lift out the old valve. Now that the valve is out, this is a good time to change the flapper valve if you have a new one. It either slides over the overflow tube or connects to the small hooks on the bottom of the overflow tube.
5. Install New Valve Assembly Each valve will have a rubber washer that fits over the bottom of the valve assembly. Different manufacturers have different types, but basically, all you have to do is slide it up over the threads so that it seats into the hole in the tank when you insert the valve. This washer keeps the water from leaking out around the valve threads. Install the retaining nut (hand tight should <– Washer be sufficient), reconnect the filler tube to the overflow pipe, the chain to the flapper. and you’re ready to finish!
6. Re-attach the Pipe Coupling, Turn on the Water. Thats it! You’re done, if you need to make adjustments to the float, just follow the instructions that came with your new valve kit. Wow! that was so easy, I think I’ll teach my grandson how to do it (when he turns seven).
CONTR ACTORâ€™S CORNER
Highlight on: Hawaiian Rock Products
At Hawaiian Rock Products, we are always ready to meet your construction needs. We have a fleet of over 200 construction vehicles and a workforce of over 400 employees. We operate state of the art facilities, strategically located throughout the island with the capacity to fulfill any project size requirements. Our vast fleet of equipment continues to expand along with the growing needs of the industry. We are here to provide you with the quality products and services you need, when you need them. Hawaiian Rock Products, represents over 50 years of experience and dedication to our industry and island community, dating back to 1958. We look forward to being your partner and supplier for all of your construction products and services needs. Hawaiian Rock Products is an advocate of building green. At HRP, we use locally produced materials from our coralline limestone quarries. We also maximize our use of reverse osmosis in our concrete mixes. In 1957, Hawaiian Bitumuls and Paving Company began operations on Guam. Then in 1958, the company formed Hawaiian Rock Products (HRP) and entered into an agreement with the Bamba Family to open a quarry in Fadian, Mangilao. Several years later, HRP was incorporated in the state of Nevada as Dillingham construction, Guam, Ltd., in 1984. In June 28, 1990, a Stock
22 CasaGuam Januar y 2012
Building The Marianas Since 1958
Purchase Agreement was made between Dillingham Construction, Guam Ltd. And MCC Development (Nevada) Ltd. and Mitsubishi Cement Corporation retained the name of the company as Hawaiian Rock Products Corporation. Mitsubishi Cement Corporation is one of the largest manufacturer and marketer of cement and concrete. Today, Hawaiian Rock Products is the largest producer of aggregate based construction materials, ready mixed concrete, concrete masonry blocks and road paving contractor on Guam, Saipan, Tinian, and Palau. Our dedication to consistently producing only the finest quality rock products has brought us to our current leadership role as the largest supplier of asphalt, concrete and aggregates in Micronesia. We are a local company and not just the Guam and Micronesia division of an off-island entity. We value the principle of investing in our workforce. Our growth and success is entirely credited to the superior quality of our products and performance of our people. We have been building the Marianas for over 50 years, and look forward to continuing to meet the growing needs of our commercial and residential industries. We are your number one source and supplier for your building materials needs.
Excellent Projects Every great project starts with a solid foundation, because so much depends on it. Much like the Serrano home, which exemplifies strength, solidarity and beautiful architecture. This home was built using concrete supplied by Hawaiian Rock Products. Whether your project is big or small, Hawaiian Rock Products will tackle it with unparalleled efficiency while using the largest fleet of equipment and an expert workforce. That’s why we’re the leader in General Construction Supplies. All of our products are produced in strict compliance with local, federal and ASTM standards. Hawaiian Rock Products supplying quality products and services to the island for over 50 years.
Building The Marianas Since 1958 1402 Route 15, Mangilao, Guam 96913 Tel: (671) 734-2971/8 • Fax: (671) 734-0990 www.hawaiianrock.com
W h o Ya G o n n a C a l l ?
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
Ordot-Chalan Pago Commercial space for rent. Approx 2155 sq ft. Ideal for laundromat, bakeshop, video store or retail business. Asking $2,500/mo. Please call ANGIE @ 727-2228 Commercial space for rent. Approx 850 sq ft., video store or retail business. Asking $850/mo. Please call ANGIE @ 727-2228
Tumon Fountain Plaza for Rent: Finally prime commercial space in the much desired Fountain Plaza. Own your very own business amongst the likes of many long time established busibesses already patroning this plaza. Where can you go wrong, San Vitores road frontage with ample space, there are no lossers and YOU are the winner. Asking $2,700/mo. Please call DANIEL @ 687-5422
3Bd/2Bd/1Bd located near schools/church/store and front of park Semi-Furn. Sec.8 & Military OK. Pls. leave message at 727-6456 Great spacious house located near Paradise Estates. 5bd/3bth. Section 8 okay with full security deposit. Call 646-9870/1 Dededo Villa Rosario - Spacious 3BR/2BA W/D, Pool, Security, Mailbox $1,650.00 3Bd/2Bd/1Bd located near schools/church/store and front of park Semi-Furn. Sec.8 & Military OK. Pls. leave message at 632-1200
Mangilao Nice house on a cul-de-sac street in Latte Hts. 4 bedrooms, 2 baths with all ceramic tiles and split a/c units per room. Newer kitchen counters and appliances. Fenced back yard. Has always been leased to military personnel for their tour on Guam. Asking $2,100 / month. Call DEANNA @ 688-2855
Piti 2br/1ba apt close to Port Authority of Guam , NavSta, Polaris, store, church, park and beach! Ocean Breeze Apartments $600. Call 649-8265 or 888-7447
and the unit is all ceramic tile, central a/c and accordion typhoon shutters. Asking $1,900/month. Call DEANNA @ 688-2855 MLS 10-133 Tumon Penthouse for Lease: A Rare Penthouse, Oceanview unit is now available. This large 2 bedroom 2.5 bath Condo was upgraded and is in like new condition. Security, Full Back-up Generator, Pool, 2 parking all go along with your desire for the ''good life'' while on Guam. Water included. You CAN have the dream. Asking $3,800/month. Call DEANNA @ 688-2855 MLS 10-744 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
Yigo Perez Acres: 4 bedroom, 2 bath with pool & playground. Corner unit. Asking $1,900/month. Call SANDY @ 687-6006 Perez Acres: 3 bedroom / 1.5 ba townhouse with extra room great for family room or office, gated and secured community, pool, mail delivery. Asking $1900 . Call CORAL SEA REALTY 649-6088
Residential Sales Barrigada
Tamuning Agat 3 bedroom / 2 ba house, close to schools, stores, beach and church. Asking $1250.00. Call 649-8265 or 888-7447
Asan Asan Beach House Newly Renovated, Fresh paint and ceramic tiles. Asking: $2,200.00/mo. Call FRANK @ 479-4663 Asan 3bd./2ba. Ocean Views Newly Renovated - All ceramic tiles. New a/c's. Asking: $1,900.00/mo. Call FRANK @ 479-4663
Barrigada 2b/1b, near Subway with water $830/mo. Please call 637-7165 / 688-0887 / 689-3333
Dededo 26 CasaGuam Januar y 2012
Popular Pia Marine 2 bedroom 2 bath units available for Month to Month Rentals. Utilities/Furnitures included with cleaning services. $2400.00. Call Nick @ 689-2939. Tecio Tumon Villa: Nice two bedroom two bath condo located in Tumon. Condo is just a walking distance to the beach, stores, restaurants and nightlife. Asking $2,100/month. Call VIC @483-7518 Tumon 2bd / 2 ba + Den. excellent condition. Asking $1200. Please call 637-7165 / 688-0887 / 689-3333 / 477-7042 Tumon Holiday Manor ; 4 bedroom, beatifully furnished with pool and BBQ area, near beaches. Asking $3,800/month. Call VICKI for a showing @ 687-3558 Happy Landing Road, Tumon 3bd, 2ba, Condo : Enjoy your island paradise in this 2nd floor unit within walking distance of Tumon Beaches. Complex has a pool
Barrigada Large 4BR/2Ba 1800sqft. House Only 243,000 637-7165 / 688-0887 / 689-7900 Opportunity Knocking.... Buy the home you deserve! Newly renovated 4BR/2BA home with a snazzy kitchen, fenced and waiting for YOU to move now! Asking $445,000. Call DEANNA @ 688-2855
Dededo FOR SALE BY OWNER Beautiful fully fenced, 3bd/ 3full ba, high pitched ceiling, 2car gar, central location, minutes away from airport, business establishments & more. Only 2yrs old, landscaped yard, fruit trees, shutters, 2,421sq mtr lot, very large concrete back porch great for an outdoor kitchen, etc. Lots of extras! Developing neighborhood w/newly built homes. A MUST SEE! Lots of potential!! $338,000.00 Pls call 797-1525 TODAY!
DEDEDO Multi-Family House located in front of Dededo Park, Library and Julyor's Office. Lots of nearby schools, markets and churches. Income Property with fully occupied and screened Tenants. Property located in a corner lot with fence. This is a wise choice of investment property. For sale by owner. Call now and lv msg at 727-6456. Las Palmas Phase I Great 3bd / 2.5 ba Townhouse style condo. Great for first time home buyer or investor. Complex includes Pool, playground, BBQ cabanas and night security. Asking $195,000. Please call DEANNA 688-2855 Beautiful fully fenced, 3bd/ 3full ba, high pitched ceiling, 2car gar, ctrl loc, DededoUhang St/Bello Rd, Minutes away from airport, business establishments & more, Only 2yrs old, landscaped yard, fruit trees, shutters, 2,421sq mtr lot, 1,440sq ft living space, 12x20sq ft open back porch, lots of extras! Developing neighborhood w/newly built houses. A must see! Lots of potential!! $340,000.00 Pls call 788-3531 & lv msg.
2 bedroom / 2 bath on a living area of 800 sf and 5,526 Âą sm lot. Fixer upper home on a beautiful beach front property, over an acre in size. There is already Power&Water if you would like to rebuild. Asking for $628,054. Call DEANNA @ 688-2855 Mangilao Latte Heights House with 3 br / 2 ba, ideal location w/ carport, fully fenced, gated, spacious yard w/ patio. Asking $200K. Please call ANGIE @ 727-2228
Mongmong-Toto-Maite Exceptional 3bd and 3.5 ba home Enjoy the view, separate refrigeration and stove for the person who enjoys cooking, the pool and the great central location. Asking $630k Call JUDY @482-7775
Ordot-Chalan Pago Quiet, Private, and centrally located 4 bedroom 3 bath house on a 1/2 acre lot. this would be great if you enjoy your privacy and appreciate being close to shopping malls, grocery stores, and schools. Asking $315,000. Call JOYLYN @
488-5069 for a showing. MLS 10-2077.
Apusento Gardens Condo : Great price with seller financing. Just like you pay monthly rental, without bank fees. Downpayment is required. Asking $105k. Call JAMES @482-0498
Chalan Pago LAND FOR SALE Great In-
Front Road Zone C More than an Acre
Private and secluded Tamuning 3bed/1ba house with partial ocean and city view. Recently painted and upgraded with ceramic tiles, french windows and accordion typhoon shutters. Fenced and gated, and comes with 4 split A/Cs'. Asking only for $229K. Call MYRNA @ 488-0144
Size Lv Msge 632-1200
vestments with Lots of Potentials Near
Dededo Land 18585Âą Very Nice $85,000 TAMUNING Executive 2 Storey Spacious House for Sale by Owner. Great location beside Cost-U-Less Tamuning and GPO. Great lifestyle and community environment with 5 bd/3ba corner lot; nice sized bd on 1st and 2nd flr; luxurious master suite w/ jacuzzi spa tub; quality granite staircases; hardwood railings; crown molding all over the house with open spacious kitchen and stainless steel appliances. Please call owner/lv msg at 727-6456.
637-7165 / 688-0887 / 689-7900.
Dededo Land with 830Âą sm with R-1 Zoned and minutes to NCS with paved access. Asking $45,000. Call YUMIKO @ 688-7791
Harmon Tumon Nice 2 and 3 bedroom condo with panoramic ocean view and city view and waliking distance from the shops and hotels. Please call George 483-9111 Century 21 CR.
Yona Winward Hill Estates: Lovely 4 bedrooms / 2.5 ba with beautifully upgraded kitchen and bathrooms, nicely appointed living & dining spaces & bedrooms. Large, well maintained yard with lots of gorgeous plants, flowers, trees and a cozy verandah & spacious tool shop in the middle of it all! Come see this beauty in Yona. Asking $289,000. Call MARILOU @ 988-5600 Baza Gardens 3bd./2ba 1,600 s.f .Extended with game room. Asking $175,000.00. Call FRANK @ 479-4663 Baza Gardens - $169,000 - Best Deal! 3 BR 2BA corner lot home in great condition - call for details...Asking $169,000. Call LIZ @ 687-0911
Land For Sale
Property is view lot next to last lot below Airport exit light on Pangelinan Blas St. in Harmon/Tamuning. Access paved w/sidewalks, water & sewer. Power up to adjacent lot below. Asking $490,000. call 637-7165 / 688-0887 / 689-3333 / 4777042
Turner Rd. - Channel 10 - (Nimitz Hill) Piti. 151,508 sq. meters of unobstructed ocean views Asking: $2,300,000.00 Call FRANK @ 479-4663 CasaGuam.com 27
Message from the Executive Officer By Peggy Araullo Llagas
HAPPY NEW YEAR GUAM
Happy New Year GUAM…..I wish you all a very pleasant, peaceful and prosperous 2012! Our REALTORS® are geared up in making this year a commitment of excellence to you, Guam. As I bid farewell and extend my sincerest appreciation to the volunteer team of 2011 led by the extraordinary leadership of Past President Anthony; I am very pleased to welcome our 2012 President, Liz Duenas whose team of volunteer leaders are just as driven in their commitment to the members and Guam’s community. The Guam Association of REALTORS® shall remain your leading advocate for promoting and protecting homeownership on Guam. Ask if your agent is a REALTOR®. Visit our websites at www.guamrealtors.com www.guamhousingprograms.com.
Guam Association of Realtors®
The Voice for Real Estate on Guam
Suite 236A Julale Center 424 West O'Brien Drive, Hagatna, Guam 969100 Office: (671) 477-4271 • Fax: (671) 477-4275 www.guamrealtors.com • email: firstname.lastname@example.org 28 CasaGuam Januar y 2012
110 Chapel Road Barrigada - 3BR/3BA - $2,450.00 11-4569 227 Pacha Drive Ipan Talofofo - 3BR/2BA - $2,400.00 11-4564 321-B North Chalan Tan Margarita Dededo - 2BR/1BA $1,500.00 - 11-4570
Yigo $365K 3Br/3Ba #11-4618
Barrigada $449,800 4Br/3Ba #11-4733
Dededo $220K 3Br/2Ba #11-4763
Sinajana $275K 2Br/2Ba #11-4744
Agat $140K 2Br/1Ba #11-4490
Tamuning $140K Studio/1Ba #12-22
Dededo $168K 2Br/1Ba #11-2994
Yigo $229K 3Br/2Ba #11-3031
Dededo $99K 2Br/2Ba #11-4198
Dededo $155k 3Br/2Ba #11-4368
Ordot-Chalan Pago $119K 2Br/2Ba #11-2910
Yona $199,900 3Br/1.5Ba #11-2787
Dededo $259K 5Br/3Ba #11-2805
Yigo $220K 3Br/1.5Ba #11-2565
Ordot-Chalan Pago $465K 4Br/3Ba #11-2212
Tamuning $670K 5Br/3Ba #11-2080
Agat $140K 2Br/1Ba #11-4490
Mangilao $255K 3Br/2Ba #11-3273
Mangilao $449K 4Br/3Ba #11-3436
Talofofo $295K 3Br/3Ba #11-3560
Dededo $350,000 8unit Apartment #11-4647
Piti $349,950 2 Story 4 Plex #12-31
MongMong-Toto-Maite $800K 4unit Apartment #11-1083
MongMong-Toto-Maite $380K 2 Story 3 Plex #11-1539
Tamuning $1.3M Cardines Apt. I & II #11-3824
Tamuning $2.8M Multi-Family #07-416
Hagåtña $1,482,770 Commercial #10-4166
Yigo $195K Duplex #11-3930
112 Chalan Ridondo Aga Yigo - 3BR/4BA - $3,600.00 11-4621 110 Luisa Avenue Tamuning - 4BR/2.5BA - $1,200.00 11-4649 Endon Street Perez Acres Yigo - 3BR/1.5BA - $1,700.00 11-4678 Chichirica Street Pia Resort Condo Tumon - 2BR/2BA $1,900.00 - 11-4736 788 Route 4 Acho Tasi Condo 401 Sinajana - 2BR/2BA $1,950.00 - 11-4745 Ypao Road Ypao Gardens Condo 110 Tamuning 2BR/1.75BA - $1,500.00 - 11-4438 788 Route 4 Holiday Tower Condo 407 Sinajana - 3BR/2BA - $2,450.00 - 11-4450 Marata Street Tumon Holiday Manor 306 Tumon 4BR/2.5BA - $2,500.00 - 11-4452
Homes & Condos
152-Q Chalan Piao Tituka Street Ordot-Chalan Pago 4BR/3BA - $3,500.00 - 11-4588
116 Chalan Gunot Las Palmas Phase III 326 Dededo 3BR/3BA - $2,200.00 - 11-4395 Perez San Vitores Terrace E-67 Tumon - 3BR/2BA $1,950.00 - 11-4383 162 Golondrina Avenue Barrigada - 4BR/2BA - $4,500.00 11-4224 Tamuning - Excellent Condition - 2BR/2BA - $1,000.00 11-3465 Las Palmas Phase III Dededo - 3+1BR/2 1/2BA - $1,900.00 - 11-3465
Chalan Tun Romon Flores, Yigo - 1,850sm - $85,000.00 11-4412 Tongan Way & Route 4, Inarajan - 5,130sm - $125,000.00 11-3108 Chalan La Chance, Yigo - 1,838sm - $65,000.00 - 11-2340 Off Route 15 across Golf Course Mangilao - 2,048sm $80,000.00 - 11-4533 San Antonio Street Barrigada - 3,296sm - $145,000.00 11-4707 Ordot-Chalan Pago - 1,784sm - $35,000.00 - 11-3794 Mangilao - 2,048sm - $80,000.00 OBO - 11-4533 Yigo - 4,021sm - $99,500.00 - 11-3713
Commercial & Multi-Family
Hagåtña - Large 1BR/1BA - $1,000.00 - 11-3463