Monday, June 8, 2009

Meet Daryn Ogilvie



Daryn L. Ogilvie
's biograhy per Capella Development


Vice President, Residential Development


Daryn Ogilvie is the Vice President of Residential Development for Capella. She has been a part of the Capella team since moving to California in 2001. Ms. Ogilvie is responsible for managing the company’s sales, advertising, purchasing, contracting, escrow, and option selection functions. She has managed several successful single-family home projects in the San Diego area and actively participates on her project’s homeowner association boards. She has been involved in charity events in San Diego and is a member of BIA’s Sales & Marketing Council, and regularly attends industry events, including PASS, PCBC, BIA Forums and a variety of continuing education programs both within and outside of the building industry. Ms. Ogilvie graduated magna cum laude from the University of Maryland’s business school in 2000, with majors in both Business Management and Marketing.

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So what does a woman with such qualifications do?

She buys the following condo as her primary residence. But can she afford it? You be the judge.


1025 Island Ave 604 San Diego CA 92101

Purchased: 03/22/2006 for $411,055

Now listed at: $275,000

Property tax default: $2,595.82

No wonder she didn't want the full address revealed on the MLS listing.




Friday, June 5, 2009

Meet Joel Meacham

Biography


Joel Meacham joined Lee & Associates-San Diego and has actively pursued landlord and tenant representation through aggressive cold calling and submarket canvassing techniques. Formerly Joel was with JSI Commercial where he gained experience in commercial real estate as a sales associate and marketing assistant. Joel's extended work history included managing a high end bar at one of San Diego's premier restaurants. Career History / Professional Recognition Joel holds a California Real Estate License and is the recipient of the 2006 CCIM Undergraduate Scholarship. Joel is also a member of NAIOP, San Diego Chapter. Affiliations / Education Joel received an Associates degree in communications from Mesa College and attended classes at San Diego State University majoring in Business Real Estate.

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You would think that a realty agent would know better wouldn't you?

Well, Mr. Meacham went out and bought at Liberty Station in 2008 thinking he got a good deal. After all, he's an expert in real estate matter.

Not even a year after purchase, he lists the condo below purchase price.

Purchased 04/04/2008 $515,000

Now listed for $510,000.

MLS-090007475-2728_Farragut_99_San_Diego_CA_92106

Isn't the bathroom so 1988 looking?

Will this condo go short-sale then foreclosure, with an eventual taxpayer subsidy? Time will tell.....