Gregg and Lisa Whitney of Billionaires Row La Jolla have been making real estate magic for the past 22 years. Being natives of La Jolla, Gregg and Lisa know the La Jolla market better than most, having grown up in La Jolla, attended school in La Jolla, and now raising their 2 children in La Jolla, one attends La Jolla High School the other attends Muirlands Middle School, Gregg and Lisa are very keen on the community, school system, and of course, the real estate market conditions.
Not only do they know the La Jolla market like the back of their hand, Gregg and Lisa’s numerous relations with everyone in the La Jolla community really sets them apart as agents. One of the most important relationships they have for helping to purchase foreclosed properties is that with the banks. They are one of only seven San Diego agents (out of roughly around 20,000 total) to handle JP Morgan’s La Jolla assets and banks such as Washington Mutual, Bank of America, Wells Fargo, and Countrywide have been working with us to obtain La Jolla foreclosed listings and help our buyers purchase those listings before any other agents or buyers have access to them. The trust that the Whitneys and the banks have developed due to the Whitney’s integrity and vast experience with foreclosed properties helps to create smooth and successful transactions in the foreclosure business.
Gregg and Lisa Whitney also have vast knowledge of the construction portion of real estate. This knowledge helps Gregg and Lisa work with the banks to make cost decisions and get done what is needed to expedite value. The Whitney team then assembles a team of engineers and other experts to inspect all of the possible constructional defects such as septic, electrical, plumbing, heating, roofing, and other main components to see if any defects are present that may allow [for the clients] a reduction in price or term changes in the loan.
Earlier this year, Gregg and Lisa helped a buyer reach a purchase price of only $385,000 on a foreclosed home that was approximately 3200 esf. With their knowledge of construction, they were able to find structural conditions of the home that were not up to par and in turn, the Whitney team got Washington Mutual to reduce the purchase price to $300,000. This was an absolute steal for their buyer as the property was great in size and in an impeccable neighborhood.
Back in 1993, when the housing market was at another significant downturn, Gregg and Lisa helped Debbie Ford, a well-known author, who has appeared on the Oprah Winfrey Show. Ms. Ford consulted their professional help to purchase a foreclosed home from EMC Mortgage on Costebelle in La Jolla. Due to a geological issue, The Whitneys were able to get the purchase price reduced by $125,000. They assembled their trusty team of experts to fix the problem and the home was good as new. A year and a half later, Gregg and Lisa sold the home for $725,000, even in the depressed economic times.
“Gregg’s got an impressive network of resources – structural engineers, staging experts, handyman, contractors for every need – all people he’s personally worked with and who seem to respond immediately because Gregg called. For about 2.5 months, Gregg did due diligence for us on a property with some slope/retaining wall concerns. At no point did he push us into the transaction; in fact it was my own enthusiasm for the property that caused Gregg to get so deeply involved. Overall, very high integrity from Gregg! He cautioned us throughout. From his own experience in construction, he was able to observe immediately some physical signs and reasons for concern, which only proved out in the subsequent inspections, engineering reports, and disclosures. After expending a significant amount of energy hoping that this property would come out clean, and with Gregg giving us a balanced view of the potential gains and risks, we pulled out of the property. But I have to tell you, throughout Gregg was so patient, and professional. We felt that we were in really good hands throughout. In fact, my husband and I were calling and texting him many times a day, and no matter how busy he was – even while on a family vacation – he always checked in with us on a timely basis and patiently worked with our concerns. We eventually ended up getting an amazing deal with Gregg’s help in upper Hermosa in Birdrock.”
~Wendy Wong and Han Chiu
Past Clients
Not only do they know the La Jolla market like the back of their hand, Gregg and Lisa’s numerous relations with everyone in the La Jolla community really sets them apart as agents. One of the most important relationships they have for helping to purchase foreclosed properties is that with the banks. They are one of only seven San Diego agents (out of roughly around 20,000 total) to handle JP Morgan’s La Jolla assets and banks such as Washington Mutual, Bank of America, Wells Fargo, and Countrywide have been working with us to obtain La Jolla foreclosed listings and help our buyers purchase those listings before any other agents or buyers have access to them. The trust that the Whitneys and the banks have developed due to the Whitney’s integrity and vast experience with foreclosed properties helps to create smooth and successful transactions in the foreclosure business.
Gregg and Lisa Whitney also have vast knowledge of the construction portion of real estate. This knowledge helps Gregg and Lisa work with the banks to make cost decisions and get done what is needed to expedite value. The Whitney team then assembles a team of engineers and other experts to inspect all of the possible constructional defects such as septic, electrical, plumbing, heating, roofing, and other main components to see if any defects are present that may allow [for the clients] a reduction in price or term changes in the loan.
Earlier this year, Gregg and Lisa helped a buyer reach a purchase price of only $385,000 on a foreclosed home that was approximately 3200 esf. With their knowledge of construction, they were able to find structural conditions of the home that were not up to par and in turn, the Whitney team got Washington Mutual to reduce the purchase price to $300,000. This was an absolute steal for their buyer as the property was great in size and in an impeccable neighborhood.
Back in 1993, when the housing market was at another significant downturn, Gregg and Lisa helped Debbie Ford, a well-known author, who has appeared on the Oprah Winfrey Show. Ms. Ford consulted their professional help to purchase a foreclosed home from EMC Mortgage on Costebelle in La Jolla. Due to a geological issue, The Whitneys were able to get the purchase price reduced by $125,000. They assembled their trusty team of experts to fix the problem and the home was good as new. A year and a half later, Gregg and Lisa sold the home for $725,000, even in the depressed economic times.
“Gregg’s got an impressive network of resources – structural engineers, staging experts, handyman, contractors for every need – all people he’s personally worked with and who seem to respond immediately because Gregg called. For about 2.5 months, Gregg did due diligence for us on a property with some slope/retaining wall concerns. At no point did he push us into the transaction; in fact it was my own enthusiasm for the property that caused Gregg to get so deeply involved. Overall, very high integrity from Gregg! He cautioned us throughout. From his own experience in construction, he was able to observe immediately some physical signs and reasons for concern, which only proved out in the subsequent inspections, engineering reports, and disclosures. After expending a significant amount of energy hoping that this property would come out clean, and with Gregg giving us a balanced view of the potential gains and risks, we pulled out of the property. But I have to tell you, throughout Gregg was so patient, and professional. We felt that we were in really good hands throughout. In fact, my husband and I were calling and texting him many times a day, and no matter how busy he was – even while on a family vacation – he always checked in with us on a timely basis and patiently worked with our concerns. We eventually ended up getting an amazing deal with Gregg’s help in upper Hermosa in Birdrock.”
~Wendy Wong and Han Chiu
Past Clients
