casaguam vol. 6 issue 7

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GUAM ASSOCIATION OF REALTORS®The Voice for Real Estate on GuamSuite 236A Julale Center424 West O'Brien Drive, Hagatna, Guam 96910Office: (671) 477-4271 • Fax: (671) 477-4275

July 2013 • Vol. 6 • No. 07

D e p a r t m e n t s

4 Market ReportMarket Trends

8 FeatureBuying A HomeMaking the American Dream

A Reality

12 ProfileNew Kid on the Block

Christopher G. Guerrero

15 Home FinanceHeadline

16 From the ExpertsHow Rising Rates CanAffect Your Buying Power

18 How to D.I.Y.Orchid Care

20 Curb AppealGazebosA Summer Meeting Place

25 Who Ya Gonna Call?

26 One Last ThingForeign InvestmentIn Real Property TaxAct (FIRPTA)

27 Classifieds

28 ClosingGuam Associationof REALTORS®

AIDS Disclosure and

Other Stigmas Part 2

M e s s a g e F r o m G A R

CasaGuam is Published by:

P.O. Box 24881 Barrigada, GU 96921Tel: (671) 472-3495 | Fax: (671) 472-3498

email: [email protected]

CasaGuam Advertising DisclaimerAll 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 publishedherein, 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. CasaGuamMagazine 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 writ ten consent of the publisher is prohibited. We reserve the right to edit or refuse any ad and to reprint any photo forpromotional use.

|Publisher||Business Sales Manager|Jay-R S. Dominguez

|Display Advertising|Jennifer Santos

|Traffic/Circulation Manager|Josie Redmond

|Production Manager|Mark S. Burke

|Graphics & Layout|Mark S. Burke

Edwin E. Valencia

|Editorial Contributors|Faye Varias Creative Services

Marissa Borja

Siska Hutapea

Clare Delgado

Peggy Araullo Llagas

Bryan J.C. Sualog

Jesika Artero Taitano

Arlene Taitague Taitingfong

Kim Anderson Young

Cover & Page 10 Photos by Mark S. Burke

CONTENTSMessagefrom thePresident

By Clare Delgado2013 President,

Guam Association of REALTORS®10FINANCING MADE

THAT MUCH EASIEROwning a home nowadays is much easier

than you think. Local banks and lenders offervarious loan programs suited to fit your needs,whether it be a no down, low down or lowinterest loans, they have the right loan just foryou. Additionally, local developers are fillingthe needs of our people by providing affordablehousing to those who qualify.What once werehome prices considered too high for someresidents is now within reach. Recently, theU.S. Department of Agriculture announcedthat homes in Dededo are now eligible underthe Rural Development loan program. This isgreat news for our residents! This now offers awider variety and a larger inventory selectionfor buyers who are looking to purchase homesunder the RD loan program.We should be ableto see a greater activity of home purchasesunder RD.Contacting an agent who is a REALTOR®

will arm you with the tools to get you startedon buying your dreamhome.Whether it is aVAloan, RD loan or conventional, REALTORS®are equipped with knowledge to supply youwith the correct information to get you startedand be with you every step of the way.Remember REALTORS® subscribe to a strictCode of Ethics that dictates how we dealprofessionally with you and all others. Withthat in mind, you’ll be assured that from startto finish, your interests and your funds will beprotected. Ask if your agent is a REALTOR®.

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M a r k e t R e p o r t

Market Trends 2005 – 2012



M a r k e t R e p o r t


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F e a t u r e

Owning a home. It's part of the “American Dream.”Making such a huge commitment would intimidatejust about anyone. However, with real estate pricesdropping, now is the time to buy. “It continues tobe a buyer's market,” says Gregorio “Greg” Perez,REALTOR® for Century 21 Realty Management.”Interest rates continue to be at historic lows and

prices for real estate are still very attractive.”



F e a t u r e

Although it's still a buyer's market, Perez says he's beginning to see pricesstabilize. "Despite the delay in the military buildup, the tourismmarkethas rebounded nicely across all sectors and the government of Guam's fi-nancial situation also appears to be improving."Where do you begin? Unless you work in the real estate industry, youprobably don't know where to start but here are some valuable tips toset you down the road to home ownership.The first thing you need to consider is if you're ready to commit tohomeownership. With the economy in a slump, many people are mov-ing off island looking for better opportunities. If you don't see yourselfstill on island in the next few years, youmight be better off renting.Withthe transaction costs of buying a home, you run the risk of losingmoneyselling your home after only a few years.When prices are falling like theyare, you're almost guaranteed to lose money on your investment.The next thing you want to do is check your credit score. Lenders useyour credit score to determine the potential risk of lending you money.The higher it is the more likely you'll get approved for a mortgage andthe lower your interest rate will be."Common sense approaches are often the best ways to improve yourcredit scores -- pay your bills on time; pay down quickly on consumerdebts, e.g. credit card balances, and increase savings." Other ways to im-prove your credit score include decreasing your debt; if you're behindget current and stay current; if you're having trouble making ends meetcontact your creditors ormake an appointment to see a credit counselor.If you have a poor credit history, re-establish it. You can do this by open-ing new accounts responsibly and paying them off on time. This willraise your credit score in the long term. Formore tips on how to improveyour credit score, visit www.myfico.com.Many web sites claim to give you your credit score or credit report forfree. Be wary of those sites. According to the Federal Trade Commis-sion's web site, the Free Credit Reporting Act requires that each of thenationwide credit reporting companies - Equifax, Experian, and Tran-sUnion - provide you with a free copy of your credit report once a year.To order your order your free credit report, visit www.annualcreditre-port.com, or call 1-877-322-8228.Once you get your report, you'll haveto wait 12 months to get an updated report. If you don't want to waitthat that long, you can visit, equifax.com, experian.com, or tran-sunion.com to purchase a copy of your report.Improving your credit may take a while but it'll pay off in the long run.A difference of just two points on a credit score could be the difference

between saving thousands of dollars or spending thousands of dollars.Buying a home is major ordeal and there is no rush. Take your time anddo it right.When you finally get around to looking for a home, get help from a pro-fessional. With the advancement of technology, you could easily lookup home listings on the Internet butmost buyers, new and experienced,are better off using a professional. They have access to resources you don'tand can help guide you when making your choice - like aiming for ahome you can really afford. "An experienced realtor can often give in-sights that help the first-time buyer facilitate the process of buying ahome--such as which specific loan officers are very responsive," Perezsays.Make a list of what you want - size, location, and howmuch you can af-ford to spend. A good rule of thumb is that you can afford a home thatcosts two-and-a-half times your annual salary. For a more scientific ap-proach, there are many free calculators online that you can use to helpcalculate how much you can afford.Before actually going out and looking at homes, get pre-approved for aloan ormortgage. "First-time buyers should get together with themort-gage department at their financial institution and try to get qualified fora mortgage loan. This is a quick way to determine how much they canafford to borrow for a house purchase. This helps to narrow the searchfor a house," Perez recommends. It puts you in the position to make aserious offer.Another tip some people might not know about is the assistance theGuamHousing Corporation can give to some first-time, lower-incomebuyers if they have good credit but have been turned down by financialinstitutions because of their lower income. "They can check with theGuam Housing Corporation if they can qualify for some of their pro-grams."One last tip is to hire an inspector to go though the home and point outand potential problems that could require costly repairs. It's like buy-ing a used car. You always want to check under the hood before youmakea purchase. A house is a much bigger purchase than a vehicle, so whywouldn't you want to hire someone to tell you if you're buying a lemonor not.These are just a small sampling of tips to purchasing a home. There arecountless sources on the internet that can help you get through thisprocess and on your way to owning your very own home.

Buying a Home:Making the American Dream a Reality

By Bryan J.C. Sualog


Renovated 4 bedroom2 bathroomhouse offers 1,403 square feet of comfortable living space. Thekitchen is upgraded with granite tiled counter tops, bathrooms are refreshed and floor tiles arenew. This fully fenced home, located in quiet Baza Gardens, Yona, sits on a corner lot and backsonto lush tropical greenery. $217K.

O n T h e C o v e r

That House on the Corner!

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Geri Cordova


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The NewKid on the Block

AAs the "new kid on the block" many might not know about Christopher G.Guerrero's new company. Guerrero is Principal Broker of RE/MAX RealtyGroup, which he recently established in December 2012, but he brings morethan 10 years of real estate experience with him. "I've been in the business since2001 and have seen Guam's housing market decline to record lows, where thereweremore foreclosures than regular homes for sale; The rise of construction andbuilding new residential homes where the prices skyrocketed from its lowest justa couple years ago; The ups and downs of the military buildup and its effects;After the bailout, with laws being passed and banks becoming more strict withfinancing guidelines; And now after over a decade, the approval of the 100%RD loan program back to the village of Dededo."Prior to joining the real estate industry, Guerrero worked in banking and col-

lections for seven years. It was after he met his wife's sister, Gina Campos, whenhe caught the real estate bug. "When I joined, I said to the Agents at RE/MAXDiamondRealty, 'If Gina can do it, I can do it!' which was a very bold statementto a bunch of aggressive, top producing Realtors."Throughout the years, Guerrero has established himself working for various

real estate agencies before venturing out on his own. He's worked at companiessuch as RE/MAXDiamond Realty fromMay 2001 - August 2009 as a Realtor;Argent Estates Realty from May 2010 - December 2011 as a Realtor andAssociate Broker; and Edge Realty from January 2012 to December 2012 as aRealtor and Associate Broker.With more than a decade of experience, Guerrero has just about seen it all.

"Someone once askedme, 'What's the hardest thing about hour job?'"He says itskeeping the deal together. "There are so many things that can go wrong—frompre-qualification all the way to the day of closing. Knowingwhat to do or how tofix issues only comes from experience and having great support and training fromyour broker's office."During Guerrero's time in Real Estate he's had many memorable moments

but one in particulars sticks out in his mind. Guerrero had a client, with fouryoung children, who was going through a divorce. She asked him to find her atwo-bedroom rental unit in Tamuning for $650. "She had been employed for acouple of years with a stable job, but she also thought she didn't have goodcredit," he says. "While looking, I asked her to fill out a pre-qualificationworksheet. I sent that worksheet to her three times until she finally filled itout and gave it back to me. Too make a long story short, she now owns a three-bedroom/one-and-a-half bath for $700 amonth and he's happy and grateful shemade the decision to buy instead of rent. Every time I see her, she thanks me forthe opportunity that was not even a consideration in her life."With all the work that comes with opening up a new business, you'd think

Guerrero wouldn't have any free time to spare. You'd be wrong. Guerrero servesas president for both the Guahan English Bulldog Club and Project Dog Park,Inc. "What started off as a get together to mingle, share in our experiences, andenjoy the English Bulldog breed developed into an opportunity to establishGuam's first dog park through theDepartment of Parks and Recreations' Adopta Park program. Continuing our efforts with contacts from Lt. Gov. Ray Teno-rio and his staff, we are getting closer to this goal. We are also trying to reachout to other dog clubs and businesses who may be interested in supporting thedog park project."

With the success of starting his own venture and still making time to help thecommunity, Guerrero serves as a model anyone new to the real estate industryor anyone looking to get into the industry.Guerrero's goals for the future include expanding RE/MAX Realty Group

with the help of passionate, driven agents that share the common goal ofhelping all their clients to the best of their professional abilities."Through fluctuating experiences and the fact that I love to educate and train,

I am looking for real estate agents and Realtors to join in RE/MAX RealtyGroup and help the people of Guam achieve the Guamanian Dream ofhomeownership."

P r o f i l e

"Casa Guam is a quality magazine showcasing the world of real estate onGuam. It addresses current issues and gives advice, points of views anddifferent perspectives coming from professionals in a variety of fields."

“

“

Christopher G. GuerreroPrincipal Broker,

RE/MAX Realty Group,

Education: Associate's Degree from College of the Canyons, Santa Clarita,California

Family: Wife - Judy P. Guerrero; Sons - Jonathan Guerrero (18) andAnthony Guerrero (17); Daughter Caitlyn Guerrero (11)

Organizations: President of Guahan English Bulldog Club; President of ProjectDog Park, Inc.

By Bryan J.C. Sualog


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F r o m t h e E x p e r t s

Ifyou’re still undecided as to whether now is the right time to buyyour dreamhome, consider today’s continued low interest rate en-vironment. These ratesmean lowermonthly payments, whichmayhelp you make this important decision.

Consider this.Many people assume that a lower sales price will automatically mean

lower monthly payments. You may be surprised to learn that mathe-matically, affordability is more closely tied to fluctuations in mortgageinterest rate than price— especially when interest rates are rising.Here’s how it works. If you’re going to finance a home, you’ll be ap-

proved for a certain maximum loan amount, which will determine justhow much house you can afford. However, since that loan amount isbased on prevailing interest rates, when interest rates rise, your loanamount— and buying power— goes down.

Here is a sample using arbitrary figures for this example only:

Using a $300,000 purchase price and a $30,000 down payment, fora 30-year mortgage loan your monthly loan payment with an interestrate of 3.7 percent would be $1,250.42. If you wait until mortgage in-terest rates rise to 4.5 percent, that same house or condo will cost you$1,368.05 amonth. That’s a difference of $125 each and every month!If your purchase price is $600,000, with $60,000 down, the same in-

crease in interest rate will cost an additional $250 a month. Of course,when the rate exceeds 4.5 percent, the increase in monthly paymentswill be even greater.Rising interest rates can increase your monthly payment if you wait.

Keep in mind a mortgage payment often includes more than the pay-ment of the principal. Additionally, the amount you pay may also in-clude interest, taxes and insurance. All but one of those costs is relativelystable. It is the interest rate that can fluctuate, and when it does, it canhave a tremendous impact on your monthly payment.Mortgage interest rates have been at historic lows for so long now,

that they are taken for granted. But the recent increase to six-monthhighs, raise the question, have we seen the bottom?Mortgage rates have been steadily decreasing ever since 2008 when

rates were around 6 percent. They have come down as the U.S. andglobal economies have struggled over the past few years.Mortgage rates

were driven down even fur-ther by U.S. Federal gov-ernmentmeasures to lowerthem in an effort to helpthe struggling housingmarket and economic re-covery.A look back to 2000

shows the average 30-yearfixed rate was approxi-mately 8 percent, morethan twice today’s averagerate. Then, after the third-quarter stock market crashin 2008, mortgage interestrates dropped to below 7percent. The FederalHousing & Economic Re-covery Act, aimed at keep-ing mortgage interest ratesdown by purchasing mort-gage-backed securities brought rates down further. In 2009 theydropped below 6 percent, and in 2010, they dropped below 5 percent.But even after federal intervention ended in mid-2010, interest ratesdropped again to sub-4 percent levels.Rates have been trending upward in 2013, this is partly due to signs

that the economy is starting to strengthen. Also, fears that the Fed willdiscontinue their mortgage rate intervention as the economy reboundshas had an effect. The improving national housingmarket has probablybeen the biggest factor in pushing mortgage rates up.March’s 30-year fixed rate, according to Freddie Mac, reached 3.57

percent, the highest it has been since August when the 30-year rate av-eraged 3.60.My advice: don’t wait. Getting a fixed ratemortgage now, while rates

are near these all-time historic lows could save your family money foryears to come.

The opinions, forecasts and other views contained in this article are thoseof Jesika Artero Taitano, are based on her experience and knowledge of theunderlying data, do not necessarily represent the views of First Hawaiian Bank orits management, should not be construed as investment, tax or legal advice, and aresubject to change without notice. First Hawaiian Bank does not guarantee that theinformation provided herein is accurate or suitable for any particular purpose.

HowRising Rates CanAffect Your Buying Power.

By Jesika Artero Taitano

Purchase Down Payment Loan Amount

$300,000 $30,000 $270,000

Loan % Monthly Payment

3.7% $1,250.42

4.5% $1,368.5


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H o w t o D . I . Y .

As part of an upcoming television production that I am working onwhich I’m anxious to see come to fruition – I was given a tour of theGovernment House – home to Guam’s First Family. First LadyChristineCalvo graciously acceptedmy request to feature the home andwas extremely candid about the daily activities that transpire there.Among the stories she shared was about the plants that grow

around the property. With care and maintenance amongst the manyresponsibilities she takes onwhen it comes to household duties, her busyschedule doesn’t always allow for the type of attention that some of theplants require. Take for instance her orchid collection.She has one area she calls the Intensive Care Unit and the other is

for her flourishing orchids. And while she uses the blooms from theflowering orchids to accessorize her hair on a daily basis, she asked me afew questions as to what she needed to do for the ones in ICU.The solutions formost of them appeared simple. Watering, repotting

and finally she specifically inquired about the hardwater stains that haveaccumulated on the leaves.All of these are actually very common questions and concerns that

orchid owners face, with the solutions being quick and easy:

WATERING—when it comes to watering your orchid, one of themost common problems is overwatering. What youwant to do is simplywait until the soil or potting material is dry to the touch, taking note ofwhether the drainage reservoir beneath the orchid is dry as well…andthis is when youwater it. Be sure to the let the water run through or elseyou run the risk of root rot.Proper drainage is imperative.

REPOTTING— it is best to seize the opportunity to repot themright after they finish blooming. Phalaenopsis, especially the youngerones, typically thrive on repotting. Fresh orchidmix is essential for freshnew growth.

HARD WATER SPOTS — it makes sense that your plants maydevelop hard water spots as Guam’s water is known to be high incalcium deposits. No need to feel defeated! The solution is simple. Allyou have to do is take the juice from a freshly squeezed lemon and applyit to clean paper towel. Use this to wipe down the leaves and they shouldshine up in no time. Other remedies known to work for this type ofproblem include milk and even mayonnaise.

Orchid Care

Since 2007, seasoned television personality Marissa Borja(Pacific Home & Garden and My Home with Marissa Borja) hasbeen working to fill Guam's home and garden niche with stories,products and services that locals will find beneficial and relativeto their lifestyle. She enjoys the creative outlet that writing andtelevision offer in order to balance out her busy personal life asa wife and full-time mother of five.

By Marissa Borja


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Summer is upon us and so begins the gatherings…and the barbeques.Although this time of year we seem to have rain, one can still use theattributes of a gazebo. It enhances your outside living area and increases

the value of your home. And on Guam, no weather can stop us from having anoutdoor get-together!According to theWikipedia, Gazebos are structures that are “freestanding or

attached to a garden wall, roofed, and open on all sides; they provide shade,shelter, ornamental features in a landscape, and a place to rest. Some gazebos inpublic parks are large enough to serve as bandstands or rain shelters.” A classicexample of a gazebo is the one located in the park next door to the DulceNombre de Maria Cathedral. What a beauty! It has stood the test of time andis still a great picture-taking place.

Designs: Traditional or Modern

Some of the most popular designs are the Victorian style and the Pagodastyle. The Victorian gazebos usually feature ornate rooftops and climbingplants. For example, the gazebo's base may be constructed with lattice-workwhich is the perfect support for English ivy or climbing roses. When settledwithin the garden, this becomes the perfect backdrop for any setting. For aromantic and secluded arrangement, consider installing tall trellises around thegazebo and hang baskets of flowers fromhooks along the gazebo's rim.This styleis perfectly adapted to formal English style gardens or rustic country landscapes.Pagoda gazebos usually are made of wood and left natural or painted black

and red and then heavily lacquered for dramatic effect. There are manyOriental garden ornaments and plants to select to surround your gazebo for anoverall great effect. Consider suspending hanging lanterns around the open sec-tions of the pavilion or installing a small garden pond nearby filled withChinese goldfish.

What to consider when planning for a Gazebo.As you can see, some gazebos are made of concrete, brick or wood. If you

plan to have one built in your backyard, usematerials that will last long and en-dure Guam’s weather conditions. As for design, one needs to determine howyou plan to use the structure.

How many people do you want to fit in it? Do you want it to be grandenough for dancing and a bandstand or quaint enough to be a nice outdoor

meeting area for a few friends? As always, costs and the space allotted for thegazebo should be taken into consideration.

Limited Budget?Even the smallest of budgets can secure a nice gazebo for your yard. These

days, one can find gazebos that are notmadewith the traditionalmaterials. Onecan find these at retail outlets, on-line or home improvement stores. These workjust as well and some can be erected or taken downwhen necessary. These “flex-ible” gazebos come in a variety of sizes and styles. These types of gazebos rangefrom a simple 4-legged structure with a canopy to a full on structure equippedwith mosquito netted curtains.

I’ve seen properties where these types of gazebos are beautifully decoratedwith flowers along the sides, secured to a concrete foundation. Check on-lineand get inspired! You will find that there are kits available and that can be eas-ily put together.When planning your gazebo, you might want to take into consideration

other elements such as lighting and seating areas. Enhance the surrounding areaor the pathway to your gazebo with flowers and shrubs. One can add a stonewalkway leading to the gazebo to give your yard a nice focal point.As always, do your research and check your local home improvement and re-

tail outlets and do some on-line research to get a better idea on designs andcosts. This project makes a DIY summer task that will give your home greatCURB APPEAL.

GazebosA SummerMeeting Place By Arlene Taitague Taitingfong

C u r b A p p e a l



C u r b A p p e a l

Inarajan PoolInarajan

Gazebo atPlaza De España


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W h o Y a G o n n a C a l l ?


Purchasing U.S. real estate is a relatively simple process fora foreign entity. Problems can arise, however, when theforeign person or corporation is not aware of the Foreign

Investment in Real Property Tax Act (FIRPTA) rules that fallinto place when they decide to SELL the property.I was recently asked a questions about FIRPTA and when I

researched it, I realized that it was a much deeper subject than Ifirst thought. So I reached out to Tax Specialist and CPA BobSteffy for clarification. What I learned is that FIRPTA waspassed to capture tax revenue from the sale of real property byforeign individuals and entities. To ensure that this tax is paid bya foreign owner whomay have severed his only connection to theU.S. byway of this sale, FIRPTA requires a withholding tax applyat the time of sale and places the responsibility for collecting thistax on the BUYER. The buyer is required to withhold 10% ofthe GROSS sale price, even if the property is sold at a LOSS! Ifa foreign seller losesmoney on the sale they can apply for a waiver.Unfortunately the waiver process is lengthy and can delay aclosing or create a situation where a tax is withheld that is notowed. To avoid this issue, when a foreign seller first decides to putthe property on the market, they should immediately apply forthewaiver. Your tax accountant canwalk you through this process.There are a few situations in which a foreign entity can avoid

paying FIRPTA, including:

1. They are selling to a buyer for whom the house is a personalresidence valued at $300,000.00 or less;2. the transaction is a non-recognition transfer; or3. the amount realized on the transaction is zero.Another option is for the foreign seller to get an international

taxpayer identification number (ITIN). If the buyer is alsoforeign, they will also need an ITIN; if the buyer is a US entitythey can use their own taxpayer identification number (TIN).Both parties must supply their ITIN or TIN on an applicationfor a withholding certificate. Failure to provide ID numbers forboth parties will result in the buyer being required to withholdthe 10% and remit the funds to the IRS within 20 days ofclosing. Adding to the difficulty of this process is the fact thatafter submitting an application for an ITIN, it can take anywherefrom 5 weeks to 3 months for an ITIN to be assigned.

One way to avoid the FIRPTA withholding issue is for theforeign seller to participate in a 1031 tax deferred exchange,which is another conversation altogether!The points above are just the tip of the iceberg when it comes

to tax laws and the iceberg is constantly moving! Let’s take alesson from the Titanic and let our tax professionals chart ourway through dangerous territory!

O n e L a s t T h i n g

Foreign Investment In RealProperty Tax Act (FIRPTA)

By Kim Anderson Young

IT’S THELAW!



Commercial RentalsDededo

106 East Sta. Barbara, Dededo 4bed/1 bacorner house, fenced, and gated. Centrallylocated close to church, school and malls.Asking $1,200/mo. Call MYRNA @ 488-

0144

Ordot-Chalan Pago

Commercial space for rent. Approx 850sq ft., video store or retail business. Asking$850/mo. Please call ANGIE @ 727-2228

Residential RentalsAsan

Nimitz Hill. 2BD apartment includingocean view. $950/mo. Modern upgraded,

all ceramic tiled, typhoon shutters.Available approximately 6/19/13.

Call 687-6900.

Barrigada

2b/1b, near Subway with water $830/mo.Please call 637-7165 / 688-0887 / 689-3333

Dededo

1Bd / 2BD /3Bd located nearschools/church/store and just front ofpark across St. Barbara Church S/FS8/Mil OK Call/LvMsg 727-6456

Ester Garden: Large 2BD/2BA. Very nice.1,000 SqFt, $800/month.

Call 637-7165/688-0887/689-7700.

Paradise Estates. 4BD/3BA, Exc.Condition, Fenced. $2,450. Call 637-7165

689-3333/688-0887.

Harmon

3BD/2.5BA Townhouse. Pool. Security.Tennis Court. $1,900/month.

Call 637-7165/688-0887/689-7700

Large 4BD/2.5BA. Single home. Pool.Security. Tennis Court. $2,450/month.Call 637-7165/688-0887/689-7700.

Harmon Ct. Townhome. 3BD/2BA. Sec. 8OK. $1,200/month. Call 637-7165/

689-3333/688-0887.

Talofofo

Ipan Talofofo. Just footsteps away fromPacific Ocean beach, gigantic 3BD/2BAhome awaits you. Family room with morethan 400sf. $2200/month. Call 687-6900.

Tamuning

Dai Ichi Condo. 3BD/1BA, Pool, Sec 8 OK,by O/A. $1,250. Call 637-7165/688-0887

Sunrise D Condo. Large 2BD/2BA. Pool.Very nice. 1,000 SqFt. $1,000/month.Call 637-7165/688-0887/689-7700.

Tumon 2bd /1 ba, view, near beach, ex.condition, fully furnished. $1350. Call

637-7165/688-0887/689-7700/689-3333.

San Vitores Terrace Condo: 3bd/2ba, 3rdfloor unit with oceanview, upgraded unitwith new carpets, pool, security and basiccable TV. $1800. Call Coral Sea Realty

649-6088

San Vitores Terrace Condo-2bd/1ba,3bd/2ba – walking distance to beach,rest/bars, church. Asking $950 -$1800/mo. CSR- PB 649-6088

Tumon

Tumon Horizon Condo: 2bd/2ba, 5th floor,water incl., pool, security $950.00

CSR- PB 649-6088

Yigo

Single Home. Excellent Condition.3BD/2BA. Large yard. Good Location.$1,400/month or for sale $200K.

Call 637-7165/688-0887/689-7700.

Executive 2-story house with a great view,fully fenced and a quiet area. 5bd/3ba w/

2 huge balconies. SS appliances,wash/dry, 2-car garage. Huge storage

shed, a must see, MilitaryOK! $3500/mo. Call Joe @ 483-3333!

Residential SalesBarrigada

Large 4BR/2Ba 1800sqft.House Only 248,000

637-7165 / 688-0887 / 689-3333

Dededo

Multi-Family House/Good Investment lo-cated front of Dededo Mayor's

Office/Park & Library Great Neighbor-hood / Gated/ Corner Lot/Serious BuyersOnly! FOR SALE BY OWNER. Call/LvMsg

727-6456

Villa Rosario Condo: 3bd 2ba ExcellentCondition, Pool, Tennis Court, PlayGround. Good Location $160,000.00

Call 637-7165/688-0887

Las Palmas Ph3. 3rd Floor. Large3BD/2.5BA/2Den. Pool. ExcellentCondition. $255,000. Call 637-7165

689-3333/688-0887.

Pacific Gardens. 1st Floor. Pool. Security.1BD/1BA. $47,000. Call 637-7165689-7700/688-0887/689-3333.

For Sale By OwnerSummer Palace Estates

Located close to Cost-U-Less in Harmon4Bd/2.5Ba 2100 Sq. Ft. Home located ina secured gated community with swim-ming pool, tennis court, and playground.New granite countertop and tile floorthroughout with typhoon shutters.$440,000.00 Please call 777-0951

Ordot-Chalan Pago

Chalan Pago 2bed1bath SFD for sale.1169sq.m lot Asking $119k.

Call Karen 988-1883

Sinajana

Large, villa style home. 5bd/3ba.Completely remodeled. Private and

beautifully landscaped. Asking: $579K.(Priced below appraised value.)

Call 489-3285.

Large 4BR/3Ba 2755sqft w/1600sqftcovered deck/porch. Detached util & gen.room. Walled/Gated & beautifully land-scaped. $592K. Call Michael@ 487-4111

Tamuning

Exec.2 Storey/Very Spacious For Sale byOwner. Growing in a great location beside

Cost-U-Less Tamuning and GuamPremium Outlet. Great lifestyle and

community environment with 5 bd/3bacorner lot; nice sized bd on 1st and 2nd flr;master suite w/ jacuzzi spa tub; qualitygranite staircases; red hardwood railings;crown molding all over the house with

open spacious kitchen. Dream home anda good investment! Call/LvMsg 727-6456

Jonestown. 3bd/2ba. Large Yard. Fenced.$320,000 or $1,350 for rent.

Call 637-7165/689-7700/689-3333

Tumon Heights. 4BD/2BA. Oceanview,Corner Unit, Large Living Room, Patio,100% Back up Generator/Water, Exc.

Condition. Only $355,000Call 637-7165/688-0887

Tumon

Tumon View Condo. 2bd 1ba.Near beach. $110,000.

Call 637-7165/688-0887/689-3333

Lily Village Tumon Condo. Nice.3BDM 2BA Fully Renovated. $2,000/mo.

Yigo

Executive 2-story house with a great view,fully fenced and a quiet area. 5bd/3ba w/ 2huge balconies. SS appliances, wash/dry,2-car garage. Huge storage shed, a mustsee! $425K Sale. Call Joe @ 483-3333!

Land for SaleChalan Pago

1,387 SqMtrs, Good Location, 5 min.drive from Agana. Only $46,000. Serious

Inquiries. Call 637-7165/688-0887

Chalan Pago LAND FOR SALE Wow!What a view you have to take a look atthis large lot. Come see and fall in love!

Only $210K. Call Century 21Commonwealth Realty @ 649-2121.

Dededo

Dededo Lot with a fabulous viewoverlooking the city. Great potential for

future development. $400K.Call HANA @ 777-3660

C l a s s i f i e d s


Agency disclosure, property condition disclosure - what other kindsof disclosures do real estate professionals need tomake to consumers?How about stigmas such as murders, suicides, or AIDS? Do these

factors need to be disclosed during the real property transaction?The NATIONAL ASSOCIATION OF REALTORS® defines

stigmatized property as: “a property that has been psychologically impactedby an event which occurred, or was suspected to have occurred, on theproperty, such event being one that has no physical impact of any kind.”In other words, when dealing with a stigmatized property, real estate

agents are not dealing with facts about physical characteristics — they aredealing with the fears of a potential purchaser. The most common eventsassociated with stigmatized property are murders, suicides and criminalactivity. Stigmatized property also includes property in which a current orformer occupant has been infected with HIV or diagnosed with AIDS.

AIDS DISCLOSURE

The 1988 Fair Housing Act Amendments established the handicapped,which includes people diagnosed with AIDS, as a new protected class. It isnow illegal to discriminate against people with handicaps just as it is illegalto discriminate on the basis of race, color, religion, sex, national origin orfamilial status.According to the Department of Housing and Urban Development

(HUD), it is illegal for real estate agents tomake unsolicited disclosures thata current or former occupant of the property has AIDS. If a prospectivepurchaser directly asks an agent if a current or former occupant has AIDS,and the agent knows this is in fact true, HUD advises that the agent shouldnot respond. NAR advises that the agent respond as follows:It is the policy of our firm not to answer inquiries of this nature one way

or the other since the firm feels that this information is not material to thetransaction. In addition, any type of response by me or other agents of ourfirmmay be a violation of the federal fair housing laws. If you believe that thisinformation is relevant to your decision to buy the property, you mustpursue this investigation on your own.

OTHER STIGMAS...to be continued

-National Association of REALTORS®-

The Guam Association of REALTORS® shall remain your leadingadvocate for promoting and protecting homeownership on Guam.REALTORS®’ knowledge about compliance with federal regulationsmeansthat they have your best interest inmind. Ask if your agent is a REALTOR®.Visit our sites—www.guamrealtors.comandwww.guamhousingprograms.com.

AIDS Disclosure and Other Stigmas – Part 2

2 8 C a s a G u a m J u n e 2 0 1 3

C l o s i n g

For More Information Contact:

Peggy Araullo Llagas, Executive OfficerGuam Association of REALTORS®

Suite 236A Julale Center424 West O'Brien Drive, Hagatna, Guam 96910Tel: (671) 477-4271 • Fax: (671) 477-4275

Mobile: (671) 689-4271 • www.guamrealtors.com

Message from theExecutive Officer

By Peggy Araullo Llagas


Mangilao $446,0003Br/2.5Ba #13-2286

Ordot-Chln Pago $449,9004Br/3Ba #13-540

Yona $175K5Br/2Ba #13-797

Yigo $230K4Br/3Ba #12-1355

Yigo $325K4Br/3Ba #13-2006

Dededo $130,9004Br/2.5Ba #13-1875

Dededo $155K3Br/2Ba #13-1901

Dededo $200K3Br/2.5Ba #13-2201

Dededo $225K3Br/2Ba #13-1948

Dededo $383K5Br/3Ba #13-1983

Ordot-Chln Pago $699K5Br/4.5Ba #13-1770

Yigo $145K3Br/2Ba #13-1927

Homes&Condos

We speakRussian, Farsi, Chinese, Korean,Japanese, Filipino, and Chamorro

facebook.com/Century21CommonwealthRealty

RENTALSDededo Home - 4Br/2Ba - $1,500 - #13-2073

Sta. Ana, Dededo - 3Br/2Ba - $1,700 - #13-2110

Las Palmas Ph I, Dededo - 3Br/2.5Ba - $1,950 - #13-2200

BonitaVilaCondo,MongMong-Toto-Maite- 2Br/2.5Ba-$1,200-#13-2188

FloraPagoCondo,Ordot-Chln Pago - 3Br/2.5Ba - $1,900 - #13-1947

Ordot-Chln Pago Home - 3Br/2Ba - $2,200 - #13-2101

Holiday Tower Condo, Sinajana - 2Br/2Ba - $2,200 - #13-1909

Beverly Palms Condo, Tamuning - 3Br/2Ba - $1,500 - #13-2197

Tamuning Home - 3Br/2Ba - $2,400 - #13-2065

Agana Bay Condo, Tamuning - 3Br/2Ba - $2,700 - #13-2112

San Vitores Terrace, Tumon - 3Br/2Ba - $2,000 - #13-2080

Perez Acres, Yigo - 3Br/2Ba - $2,400 - #13-1989

Yona Home - 3Br/2Ba - $2,500 - #13-1998

Pomika Apts, Tamuning - 2Br/2Ba - $900 - #13-438

Tamuning Home - 3Br/2.5Ba - $2,800 - #13-626

Talo Verde Estates, Tamuning - 4Br/3Ba - $4,400 - #13-1146

Yona Home - 4Br/2Ba - $2,200 - #13-3225

Perez Acres, Yigo - 3Br/1.5Ba - $2,400 - #13-1989

Rt. 16, Barrigada - 1,400SqFt - $1,400 - #13-2095

Rt. 16, Barrigada - 1,000SqFt - $1,000 - #13-2096

Rt. 1, Tamuning - 810SqFt - $891 - #13-2093

Rt. 1, Tamuning - 1,118SqFt - $1,073 - #13-2099

Merizo Commercial Space - 1,200SqFt - $1,200 - #13-682

Holiday Tower Condo - 1,559SqFt - $2,200 - #13-2288

Holiday Tower Condo - 1,800SqFt - $2,450 - #13-2287

Lagoon Condo - 1,800SqFt - $3,800 - #13-2293

LANDYona Lot - 2,992sm - $314,160 - #13-1908

Yona Lot - 1,154sm - $25,000 - #12-4251

Yona Lot - 1,365sm - $48,000 - #13-1804

Off Rt. 15, Yigo - 1,321sm - $54,000 - #13-1179

Santa Rita Lot - 606sm - $39,000 - #12-3885

Ipan, Talofofo - 969sm - $45,000 - #13-637

Talofofo Lot - 929sm - $53,700 - #13-1803

Off Rt. 15, Yigo - 1,835sm - $65,000 - #10-1038

Off Rt. 15, Yigo - 1,835sm - $65,000 - #10-1039

Two Lots in Asan - 7,984sm Total - $650,000 - #09-1983

Beachfront Lot in Asan - 1,597sm - $250,000 - #12-2726.

Paulino Hts., Talofofo - 990sm - $59,900 - #13-358

Agat Lot - 838sm - $55,000 - #12-3937

Chln Koda, Dededo - 4,057sm - $90,000 - #13-1732

Commercial & Multi-Family

Dededo $400K4Br/3Ba - #12-4743

Barrigada $379,9906Br/3Ba #13-925

Mangilao $39K2Br/1Ba #13-882

Tamuning $323K4Br/2.5Ba #13-627

Tamuning $658K5Br/4Ba #13-1166

Tumon $380K4Br/2Ba #12-3687


Mangilao $430K4Br/2.5Ba #13-373



Yigo $280K4Br/3Ba #13-1509


Tamuning $650KCommercial #13-1488

Tamuning $1MCommercial - #12-555

Tamuning $1,020,000Multi-Family #13-1677

Mangilao $369KMulti-Family #13-1771


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