Licensed since 1984, San Diego real estate broker Gary Kent is a recognized authority on real estate. In addition to selling over 5,500 homes for clients, he has been an expert court witness, trainer of other agents, and he does seminars on home buying, home selling, and investing. Gary has sold homes for The Salvation Army, dozens of major banks, and Fannie Mae, amongst others. You can find Gary on Facebook, Instagram and YouTube.
What is the reinvestment requirement when I sell my home?
Friday, 30 August 2019
Question: “I just sold my house. How long do I have to reinvest and buy another home?” Answer: There’s no reinvestment requirement when you sell your home. The law that applies is IRS Section 121, known as the Principal Residence Exclusion. Under that law, you don’t pay tax on the first 250K of gain (singles)
- Published in Q&A - Home Selling Questions
This Week’s Crazy Building: Calgary Central Library
Thursday, 29 August 2019
If you thought a library was just a musty storehouse for old books, think again! Calgary’s Central Library is a contemporary structure in both design and functionality equipped to handle the needs of its people. Situated between the Downtown and East Village, a light rail line crosses the library. Upon entering visitors are greeted with
- Published in Crazy Buildings
This Week’s Crazy Building: Mercat Encants
Wednesday, 28 August 2019
Don’t be fooled by the Mercat Encants’ contemporary look, this site is home to a 100-year old market! b720 Fermín Vázquez Arquitectos created the new structure. The ostentatious gold canopy acts as a sunscreen while also reflecting the city into the market, connecting the two. One of the challenges was the limited location size which
- Published in Crazy Buildings
This Week’s Crazy Building: Louvre Museum
Wednesday, 28 August 2019
The Louvre Museum in Paris presents a strange juxtaposition of architecture. The main building dates back to the 12th century and is done in French Renaissance style while the new entrance, completed in 1989 is a modern steel and glass structure built to the same proportions as the Pyramid of Giza. Designed by American-Chinese architect
- Published in Crazy Buildings
Do real estate agents have to present all offers?
Friday, 23 August 2019
Question: “I had my house in escrow and found out that I got a HIGHER offer before the house closed. But my agent never told me about it. I’ve heard that agents are supposed to ‘present all offers,’ aren’t they?” Answer: You’re 100% right! The seller’s agent is required to inform the seller of ALL
- Published in Q&A - Home Selling Questions
Can I get a home loan with bad credit?
Friday, 23 August 2019
Question: “I have pretty bad credit, so it’s not even worth trying to get a home loan…” Answer: Maybe. Maybe not. One of our lenders just got someone with “awful” credit a mortgage and they were able to realize their dream to own their own home. So unless you’re a professional mortgage lender, let a
- Published in Q&A - Home Financing Questions
How can I find foreclosures in San Diego?
Friday, 23 August 2019
Question: “Where do I find more information about buying foreclosures in San Diego?” Answer: The very good news, though not good for your plans, is that foreclosures in San Diego are exceedingly rare. And they’ve been that way since 2012 when our market turned around. So you can hunt around for foreclosure info, but in
- Published in Q&A - Home Investing Questions