FHA Cuts Waiting Period to 1 Year for Buyers Who Earlier Faced Foreclosure

FHA Cuts Waiting Period to 1 Year for Buyers Who Earlier Faced ForeclosureFrom Nick Timiraos at the WSJ: New Lifeline for Home Buyers   A recent rule change lets certain borrowers who have gone through a foreclosure, bankruptcy or other adverse event-but who have repaired their credit-become eligible to receive a new mortgage backed by the Federal Housing Administration after waiting as little as one year. Previously, they had to wait at least three years before they could qualify for a new … [Read more...]

Open Houses Saturday Sept. 7th

2816 Hank Monk $279,000 2816 Hank Monk OpenSaturday 10am-Noon Newly remodeled 3 bed 2 bath home with large front yard on quiet street in centrally located neighborhood. Easy access to everything via Pioneer Trail. New floors, bathrooms, counters, windows, kitchen and paint. Wood beam vaulted ceilings and skylight in living room create a light and bright mountain feel.  New vinyl windows and exterior freshly painted. Hosted by Wally Johnson 3616 Birch $248,500 NEW … [Read more...]

Sample the Sierra tomorrow!

Sample the Sierra tomorrow! Sunday September 1st, 1pm to 5pm at Ski Run Blvd. in South Lake Tahoe Spend Labor Day Weekend sampling the region's best food & wine! Come visit our booth sponsored by Deb Howard & Company & RPM Mortgage.  Mention you saw this email and we'll give you a free wine glass charm. Click through to www.samplethesierra.com and see the weekends full line up of tours, dinners, paddleboard events, fireworks, and more … [Read more...]

Open Houses Saturday August 31st

1884 Guadalpe $249,0001884 Guadalupe Open Sat. 10am-NoonCALL FOR INFOCompletely remodeled 2 bedroom, 2 full bath home with granite slab counters,  glass tile backsplash, new cabinets and flooring, new carpet, new double pane  windows, new appliances and interior paint. Super cute single level with minimal  stairs. Open floor plan with open wood burning fireplace. Hosted by Wally Johnson2816 Hank Monk $279,0002816 Hank Monk Open Sat. 11am-1pmNewly remodeled 3 bed 2 bath home with large front yard … [Read more...]

Open Houses Sat. August 31, Happy Labor Day Weekend

1884 Guadalpe $249,000 1884 Guadalupe Open Sat. 10am-Noon CALL FOR INFO Completely remodeled 2 bedroom, 2 full bath home with granite slab counters,  glass tile backsplash, new cabinets and flooring, new carpet, new double pane  windows, new appliances and interior paint. Super cute single level with minimal  stairs. Open floor plan with open wood burning fireplace. Hosted by Wally Johnson   2816 Hank Monk $279,000 2816 Hank Monk Open Sat. 11am-1pm Newly remodeled … [Read more...]

Existing Home Sales Spike in July

Existing Home Sales Spike in JulyWASHINGTON (August 21, 2013) - Existing-home sales rose strongly in July, with the median price maintaining double-digit year-over-year increases, according to the National Association of Realtors®.Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 6.5 percent to a seasonally adjusted annual rate of 5.39 million in July from a downwardly revised 5.06 million in June, and are … [Read more...]

Open Houses Saturday August 24th

298 Uplands $1,295,000298 Uplands Open Saturday 11am-1pmSpectacular Lake Tahoe views are the punctuation to this quality built custom home with unique design, 4686 square foot, split level home is accessed thru easy walk up entry.  Step up to an amazing great room oriented around the stunning views of Lake Tahoe, Mt. Tallac and the Sierras.  Hosted by Natalie & Craig2427 Wagon Train Trail $459,0002527 Wagon Train Trail Open Saturday 11am-1pmBeautifully built custom home with unique and … [Read more...]

South Tahoe Association of Realtors: 20% Year Over Year Median Home Price Increase

South Tahoe Association of Realtors: 20% Year Over Year Median Home Price IncreaseMEDIAN SALES PRICE Feb-13 $254,500.00 - Year over year increase 3.2%Mar-13 $260,000.00 - Year over year increase 7.2%Apr-13 $267,500.00 - Year over year increase 2.6%May-13 $270,000.00 - Year over year increase 13.1%Jun-13 $284,000.00 - Year over year increase 20.9%Jul-13 $292,000.00  - Year over year increase 23.5%Statistical Data provided by the South Tahoe Association of REALTORS … [Read more...]

Open Houses Sat. August 17th

3593 Bobby Grey Circle $299,000 3593 Bobby Grey Circle Open Sat. 11am-1pm Three cute cabins on one lot.  One unit is 2 bed, 1 bath, and the other two cabins are studios.  Very well maintained inside and out.  2 bedroom rents for $800 per month, studios rent for $565 each.  Rare to find an income rental property in such great shape!  Conservancy land borders parcel that is located on a quiet street. Hosted by Natalie Yanish 752 Price $1,350,000 752 Price Open Sat … [Read more...]

TAHOE FUND SUPPORTS NEW FEDERAL LAKE TAHOE RESTORATION ACT

TAHOE FUND SUPPORTS NEW FEDERAL LAKE TAHOE RESTORATION ACT Bill introduced by Feinstein will provide necessary support for Environmental ImprovementsINCLINE VILLAGE, Nev. and TAHOE CITY, Calif. - Aug 1, 2013 - The Tahoe Fund today announced its support for the new Lake Tahoe Restoration Act (LTRA) introduced to the Senate by Senator Dianne Feinstein with the support of Senator Majority Leader Harry Reid, and Senators Dean Heller and Barbara Boxer. LTRA calls for $415 million dollars over a ten … [Read more...]