Serious Home Seller-Short sale needs to be sold NOW! 

This is a newer property built in 2006.  The house sits on half an acre and has a large landscaped backyard.Our Seller really  needs to sell this now.We had several offers in past year,which in hindsight were probably all good,just bad timing.This property is low elevation,about 4 blocks West of Raley’s Shopping Center,and a block from Preston field,a great park.

The home of 3500’+ was built to live in, with many additional upgrades that you would not spend to put in a house unless you cared and were not planning on moving.Heated 3 car garage, custom Alder  doors, hickory cabinetry,Hickory flooring,GE Monogram appliances,R-38 blown insulation,Cat5 wiring,central vac,surround sound wiring for the house and outdoor deck,to name a few.

One unique feature is that the lower floor is a full on “inlaw”suite with walkin closet,mini-kitchen/dining area,full bath,and access to the back yard.This could be a great home theatre,or a place for kids to hang out at any age.

The banks do not move quickly on these short sales,and you wonder why….when it costs more for them to take a property back,lag time between putting back on the market.We are in contact with the lender and will assist you should you choose to take the opportunity totake the opportunity.

Buy For You

November 5, 2010

Often when our team is working with buyers, what starts out as a  specific mission, “we want a ski getaway for the weekends”, gets off track.  The reason…the clients start factoring in the brothers, sisters, mothers in law, friends, friends of friends.  Suddenly the one bedroom “ski getaway” has turned into a three bedroom single family home. Our best advice is BUY FOR YOU! Go back to your initial plan; a place for you to enjoy on long weekends with your spouse, kids, friends, dogs or all of the above.  The purpose is to maximize your time at the Lake; skiing, hiking, boating or relaxing.  Most of us had to share a bedroom with a sibling or two and are familiar with sleeping on the floor in sleeping bags when we went away for family weekends.  Let the kids build a pillow fort in the living room and camp.  If you invite your friends for a FREE weekend at your condo, the pull out bed couch is a desirable option versus $100 bucks at the nearest hotel/motel! Smaller can be better and will help you acheive your dream of owning a vacation home and spending quality time together.   Weekend Getaway

What “Was” in Incline Village ,Nevada real estate in 2009

December 31, 2009

After today we are moving forward into a New Year,yeah.For all of us it’s time to refocus and recharge whether it’s business or pleasure.
Let’s look at the brass tacks in the Incline Village real estate market in 2009:

89 homes sold in 2009 vs 85 in 2008 (per our mls)There might be secret listings which sold and are not disclosed .
Of those 89::
5 above $4 million vs 2 in 2008
20 $2million-$4m vs 9 in 2008
21 $1m-$2m vs 34 in 2008
14 $999k-$700k vs.27 in 2008
15 $500-$699k vs.9 in 2008
10 under $500k and 0 in 2008

What about condo’s and townhomes?

69 condo’s sold in 2009 vs 64 in 2008
The most significant change in 2009,was 50 condo’s sold for under $500kand 11 condos for under or at $200k.Some severe pricing roll backs and opportunities!
24 townhomes(freestanding condos)vs.49 in 2008,20 below $1m,Some excellent locations and pricing for quality living with out the maintenance.

Make your own conclusions,but there was a definite shift in who spent money in 2009.Loans were tough to get and jumbo’s near impossible.Appraisals,good luck.There is no more of getting the number you need.The comps including bank owned properties and short sale are included in comps. 

Short sales were a reality along with bank owned properties at almost all price points.There are some great opportuniies here,even in the luxury segment,check out: New construction,fine finishes including 22′ ceilings in the great room,perfectly designed with a picturesque  views from every window.

The Seller and  bank are ready to move this property,call us for details.

 Our forecast for 2010 is that inventory will remain conisistant with 2009,and buyer’s that are tired of waiting for the bottom,will realize that life is short,and if you want the lifestyle,and pristine beauty of Lake Tahoe in your life’s plan,,why wait?
Interest rates are still low, combined with a healthy real estate inventory at all price points.
What are you waiting for? Review year-end  Lake Tahoe statistics below.


Sell this House…Seller is Serious!

October 1, 2009

The seller of 966 Caddie Court is serious! A $250,000 price adjustment to $1,299,000 is paving the way to get this golf course property noticed! Located on what used to be the 14th Fairway (now 3rd fairway due to reversal of front & back nine). Outstanding features include; fenced yard, large wrap-around deck, cul du sac location and 3 car garage. House has formal floorplan with a den and dining room. Well maintained and very good condition. If you are a golfer or just enjoy the quiet of a cul du sac, 966 Caddie Court is worth a look. Virtual Tour

Donovan Group New Listing at 520 Sugarpine

September 27, 2009

Our team has a new listing at 520 Sugarpine that made its debut on Tuesday’s broker tour. Located in the low/mid elevation Ponderosa subdivision with lots of trees and excellent sun exposure. A pleasant surprise for those agents that attended the tour. Upon entry the soaring ceiling and wall of windows really grab your attention. This well maintained home has four bedrooms including a bonus room with separate entry. The spacious, southern facing deck will be great for outdoor relaxation, a small peak of the lake if you stand in the right spot. Even better news is the two car detached garage which is a must! The list price of $719,000 is attractive based on the current competition with the added bonus of the 2 car garage and condition. Preview virtual tour:

520 Sugarpine, Incline Village, Nevada “Good Vibrations”

September 25, 2009

Looking for a home to relax and revive…245 Estates exudes flow and energy. Gorgeous landscaped grounds add to the serenity. Open, flowing floor plan and warm tones so inviting to disengage, breathe deeply and unwind.

245 Estates, Incline Village, Nevada

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