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Short Sale & Bank Owned Incline Village-Crystal Bay Nv 5-13-12

On the short sale list we have 4 new escrows and 1 price reduction. On the REO list we have only 2 new listings. Over all, a very quiet week.

 

 

 

Denise Cash  775.691.3844               Ken Cash  775.691.3855

DeniseCash@TahoeLiving.com       KenCash@TahoeLiving.com

                                    www.TahoeLiving.com

 

Incline Village Condominium/PUD Short Sale Listings

 

MLS#             Address                      Unit     List Price        Status  Bed     Bath   Gar       SqFt

 

940064            870 Southwood            3          $124,000         A         2          1 ½      N         1040

940104            945 Harold Dr.             1          $125,000         P          2          1          N         782

940166            702 College                  84        $129,000         P          2          2          N         1088

939687            989 Tahoe Blvd.           64        $145,500         P          3          2          N         1649

940425            989 Tahoe Blvd.           53        $150,000         P          3          2          N         1649

940182            801 Northwood           3          $163,000         P          2          1 ½      CP       960

940019            837 Southwood            24        $169,900         A         3          2          N         1332

939903            333 Ski Way                257      $175,000         A         1          2          CP       1062

940424            989 Tahoe Blvd.           11        $175,000         P          3          2          N         1740

940153            599 Crest Lane            33        $179,000         A         2          2          N         1120

110008157      845 Southwood            61        $179,000         P          3          2 ½      N         1332

940132            702 College                  82        $179,900         P          3          2          N         1120

940451            321 Ski Way                48        $225,000         P          3          2 ½      N         1360

940266            908 Harold                   23        $245,000         P          2          2          2          1452

940333            144 Village                   96        $279,000         A         1          1          1          797

940396            321 Ski Way                120      $295,000         A         3          2 ½      N         1360

940204            1312 St Galen                          $295,000         P          3          2 ½      N         1688

940058            998 Driver                    5          $299,000         A         2          2          N         1499

940345            759 Mays Blvd.            29        $300,000         P          3          3 ½      2          1620

940237            4 Calaneva Dr              11        $349,000         P          2          2 ½      1          1435

940337            939 incline Way            201      $349,950         P          2          2          1          1111

937825            1208 Styria                              $375,000         P          3          2          N         1568

940168            853 McCourry                         $450,000         P          3          3 ½      2          1951

120001759      803 Rosewood Cir                   $799,000         P          4          3 ½      2          2714

940410            852 Rosewood                         $799,000         A         4          3 ½      2          2674

940411            848 Rosewood Cir                   $799,000         P          4          3 ½      2          2674

940427            198 Country Club #49              $799,000         A         3          2 ½      2          2130

 

Incline Village Single Family Home Short Sale Listings

 

940223            984 Tyner Way                        $424,900         P          4          2 ½      2          2036

939996            572 Lucille Dr                          $449,000         P          3          2          2          1688

 

The above list is accurate as of   May 13, 2012 as reflected in the Northern Nevada Regional

 and Incline Village Multiple Listing Services.  Prices & availability are subject to frequent change.

  

Denise Cash  775.691.3844               Ken Cash  775.691.3855

DeniseCash@TahoeLiving.com       KenCash@TahoeLiving.com

                                    www.TahoeLiving.com

 Incline Village Single Family Home Short Sale Listings

 

MLS#             Address                      Unit     List Price        Status  Bed     Bath   Gar       SqFt

 

940452            806 Geraldine                           $450,000         A         4          3 ½      2          2312

940156            382 Country Club                     $459,000         P          3          2          1          1596

940171            631 Village                               $470,000         P          4          2          2          1912

940205            327 Winding Way                    $499,000         P          3          2 ½      3          2677

940225            632 Woodridge                        $549,000         P          4          3          2          1864

940279            732 Betty                                 $570,800         P          3          2          2          1682

940251            338 2nd Creek                          $575,000         P          3          3          2          4000

940217            466 Winding Way                    $620,000         P          3          3 ½      3          2802

940299            985 3rd Green Court                 $655,000         P          3          2 ½      2          1864

940365            772 Golfers Pass                      $679,000         P          4          3          2          2084

940350            981 Driver Way                       $705,000         P          4          3 ½      2          2561

940347            635 Alpine View                      $725,000         P          4          3 ½      2          2704

940423            225 Pine Cone Road                $739,000         A         4          3          1          1635

940453            581 Tyner Way                        $979,000         P          4          3 ½      2          3256

939781            519 Ponderosa                         $1,349,000      P          6          5 ½      3          5517

940113            550 Fairview                            $1,849,000      P          4          5 ½      2          6746

940077            689 Tyner Way                        $1,850,000      A         6          7 ½      3          6146

 

Incline Village REO Condominiums/Townhomes

 

MLS#             Address                      Unit     List Price        Status  Bed     Bath   Gar       SqFt

 

120005426      872 Tanager                 28        $  79,900         A         1          1          N         600

940354            820 Oriole Way           56        $270,000         P          4          3 ½      2          1752

120001685      875 Southwood            17        $329,900         P          2          2 ½      1          1564

120005404      1513 Tirol Dr.                          $756,900         A         3          3          N         2814

 

Incline Village REO Homes

 

120005720      522 McDonald                         $545,400         A         4          4 ½      2          3282

940355            821 Golfers Pass                      $749,900         P          3          2 ½      2          2804

           

The above list is accurate as of May 13, 2012 as reflected in the Northern Nevada Regional

and Incline Village Multiple Listing Services.  Prices & availability are subject to frequent change.

 

 

                                                               

 

 

Get The Right Scoop Here!! **** The Best Place To Go for Lake Tahoe Real Estate

 Ken Cash,  CRS

Coldwell Banker-Nevada

Century 21-California

 

KenCash@TahoeLiving.com

775.691.3855   direct

888.726.8821

www.TahoeLiving.com

www.Century21MountainProperties.com

California & Nevada

Associate Broker

 

Coldwell Banker Select Real Estate of Lake Tahoe - Nevada

Century 21 Tahoe Resort Properties-California

P Please consider the environment before printing this.

 

Technology tools I can't live without..

THAT'S IT...   I CANNOT BE WITHOUT MY ELECTRONIC SIGNATURE SOFTWARE !!  This tool has made the biggest leap forward in my business.  Background:  We live and work in Lake Tahoe.  Most of the sellers and buyers live elsewhere.  As the years have come and gone it became easier to do business.  First we hand wrote the one page contract, and three or four other disclosures then faxed them from the office to the parties.  Most of us did not have a fax machine at home and besides, they where about as big as a desk.

The pages came back too light, too dark, smeared, with strips down the full page, blurred.  On and on this went.  Every year they improved the quality.  Units got smaller and the prices came down.  Finally there were enough of the old big things that we could buy used ones pretty cheaply and have one at home.  A bit cumbersome with the telephone lines and all.  But it was a big step forward.  Then, the offer and disclosures all became online and electronic.  Another huge step forward.  We could fill in the blanks, print it out and fax it................wow..  What a time saving change this was.

Then, then we could fill in the blanks, save a copy on our computer and send it to someone as a pdf, which could be pirinted, signed and faxed back.  Another step saver..  Still labor intense but clearly improving.  We also added tools to take these PDFs, re-arrange the pages, split groups of pages to be individual, make our own documents and much more.  Wow, how cool is that?

We began to hear about electronic signatures, but there were apparently legal issues.  We had just had the state legislature pass into law, a facsimile was legal.  Now someone is trying to set up a signature that is not really a signature.  How is that going to work?  The answer?  Very well thank you.

Today:  So about 2 years ago we signed up and started using electronic signature programs.  Fantastic !!  Now we go through many of the same steps, but much faster, more professionally and we love it.  What was once more than two hours to prepare and fax to someone far away, is now about 45 minutes tops.  Travel time to the office, missing the PGA tournaments and baseball is now something we do from the couch while watching sports, movies etc.

We can even be on a trip anywhere in the world, and no one knows the difference.  We type in the answers to the blanks on the various forms, mark them where initials or signatures are required, hit send and away it goes.  On the other end, the person simply opens an email, reads and clicks where needed, hits sent and boom, its back to us.  We have even had people ask us, do you use electronic signature software?  When we say yes, they are extremely pleased. 

How much cleaner, simpler and faster can it be??   Well, I figure something must be out there, but I am perfectly happy now.

Get The Right Scoop Here!! **** The Best Place To Go for Lake Tahoe Real Estate

 Ken Cash,  CRS

Coldwell Banker-Nevada

Century 21-California

 

KenCash@TahoeLiving.com

775.691.3855   direct

888.726.8821

www.TahoeLiving.com

www.Century21MountainProperties.com

California & Nevada

Associate Broker

 

Coldwell Banker Select Real Estate of Lake Tahoe - Nevada

Century 21 Tahoe Resort Properties-California

P Please consider the environment before printing this.

 

Vacation Sales Surge??? Is that right???

Real Estate Outlook: Vacation Sales Surge

According to the National Association of Realtors’ 2012 Investment and Vacation Home Buyers Survey, there was a surge in sales of both investment and vacation homes in 2011.

NAR Chief Economist Lawrence Yun said investors with cash took advantage of market conditions in 2011. “During the past year investors have been swooping into the market to take advantage of bargain home prices,” he said. “Rising rental income easily beat cash sitting in banks as an added inducement. In addition, 41 percent of investment buyers purchased more than one property.”

Yun said the shift in investment buyer patterns in 2011 shows the market, for the large part, is able to absorb foreclosures hitting the market.

Increased investor purchases are partly responsible for the large percentage of all-cash purchases seen in the last year. They make up around one-third of all purchases. Forty-nine percent of investors paid cash in 2011.

“Clearly we’re looking at investors with financial resources who see real estate as a good investment and who aren’t hesitant to use cash,” Yun said. Of the buyers who didn’t use all cash they paid a hefty average 27 percent downpayment.

As opposed to investment purchases, which were made out of the desire for rental income, vacation homes were driven by lifestyle factors and were purchased by households making an average of $88,000 a year.

What portion of the market are these vacation sales? They accounted for 11 percent of all sales in the market.

Overall mortgage applications increased 4.8 percent, according to the Mortgage Bankers Association (MBA). The refinance share of the market decreased again to 71.2 percent. Just a few months back it was over 80 percent.

Source: realtytimes.com

I would agree..  Sales have increased.  Our market is up 6% YOY.  That is an improvement.  But it is still a buyers market, an opportunity to get a vacation home at more than 40% lower than just a few years ago.  So things are improving.  But we are still waiting to see what summer brings. 

 

 

Get The Right Scoop Here!! **** The Best Place To Go for Lake Tahoe Real Estate

 Ken Cash,  CRS

Coldwell Banker-Nevada

Century 21-California

 

KenCash@TahoeLiving.com

775.691.3855   direct

888.726.8821

www.TahoeLiving.com

www.Century21MountainProperties.com

California & Nevada

Associate Broker

 

Coldwell Banker Select Real Estate of Lake Tahoe - Nevada

Century 21 Tahoe Resort Properties-California

P Please consider the environment before printing this.

 

Short Sales Bank Owned Incline Village-Crystal Bay, Nv 5-5-12

 

 

On the short sale list we have 4 new listings, 2 sold listings, 3 new escrows, 4 price reductions and 2 back on market listings.  The condominium at 321 Ski Way #3 listed at $185,000 sold 05/03/12 for $180,000 (Congratulations Trevor)  The condominium at 931 Incline Way #234 listed at $425,000 sold 04/30/12 for $350,000. 

 

On the REO list we have 1 new listing, 2 new escrows, 1 price reduction and 1 sold listing to report.  The home at 658 Tumbleweed listed at $536,200 sold 05/04/12 for $550,000.

 

 

Denise Cash  775.691.3844               Ken Cash  775.691.3855

DeniseCash@TahoeLiving.com       KenCash@TahoeLiving.com

                                    www.TahoeLiving.com

Incline Village Condominium/PUD Short Sale Listings

 

MLS#             Address                      Unit     List Price        Status  Bed     Bath   Gar       SqFt

 

940064            870 Southwood            3          $124,000         A         2          1 ½      N         1040

940104            945 Harold Dr.             1          $125,000         P          2          1          N         782

940166            702 College                  84        $129,000         A         2          2          N         1088

939687            989 Tahoe Blvd.           64        $145,500         P          3          2          N         1649

940425            989 Tahoe Blvd.           53        $150,000         A         3          2          N         1649

940182            801 Northwood           3          $163,000         P          2          1 ½      CP       960

939903            333 Ski Way                257      $175,000         A         1          2          CP       1062

940019            837 Southwood            24        $175,000         A         3          2          N         1332

940424            989 Tahoe Blvd.           11        $175,000         P          3          2          N         1740

940153            599 Crest Lane            33        $179,000         A         2          2          N         1120

110008157      845 Southwood            61        $179,000         P          3          2 ½      N         1332

940132            702 College                  82        $179,900         P          3          2          N         1120

940451            321 Ski Way                48        $225,000         A         3          2 ½      N         1360

940266            908 Harold                   23        $245,000         P          2          2          2          1452

940333            144 Village                   96        $279,000         A         1          1          1          797

940396            321 Ski Way                120      $295,000         A         3          2 ½      N         1360

940204            1312 St Galen                          $295,000         P          3          2 ½      N         1688

940345            759 Mays Blvd.            29        $300,000         P          3          3 ½      2          1620

940058            998 Driver                    5          $299,000         A         2          2          N         1499

940237            4 Calaneva Dr              11        $349,000         P          2          2 ½      1          1435

940337            939 incline Way            201      $349,950         P          2          2          1          1111

937825            1208 Styria                              $375,000         P          3          2          N         1568

940168            853 McCourry                         $450,000         P          3          3 ½      2          1951

120001759      803 Rosewood Cir                   $799,000         P          4          3 ½      2          2714

940410            852 Rosewood                         $799,000         A         4          3 ½      2          2674

940411            848 Rosewood Cir                   $799,000         P          4          3 ½      2          2674

940427            198 Country Club #49              $799,000         A         3          2 ½      2          2130

 

Incline Village Single Family Home Short Sale Listings

 

939701            422 Valerie                              $375,000         P          3          2          N         1392

940223            984 Tyner Way                        $424,900         P          4          2 ½      2          2036

939996            572 Lucille Dr                          $449,000         P          3          2          2          1688

 

The above list is accurate as of   May 4, 2012 as reflected in the Northern Nevada Regional

 and Incline Village Multiple Listing Services.  Prices & availability are subject to frequent change.  

 

Page 1 of 2

 

 

 

 

 

Denise Cash  775.691.3844               Ken Cash  775.691.3855

DeniseCash@TahoeLiving.com       KenCash@TahoeLiving.com

                                    www.TahoeLiving.com

 

Incline Village Single Family Home Short Sale Listings

 

MLS#             Address                      Unit     List Price        Status  Bed     Bath   Gar       SqFt

 

940452            806 Geraldine                           $450,000         A         4          3 ½      2          2312

940156            382 Country Club                     $459,000         P          3          2          1          1596

940171            631 Village                               $470,000         P          4          2          2          1912

940205            327 Winding Way                    $499,000         P          3          2 ½      3          2677

940225            632 Woodridge                        $549,000         P          4          3          2          1864

940279            732 Betty                                 $570,800         P          3          2          2          1682

940251            338 2nd Creek                          $575,000         P          3          3          2          4000

940217            466 Winding Way                    $620,000         P          3          3 ½      3          2802

940299            985 3rd Green Court                 $655,000         P          3          2 ½      2          1864

940365            772 Golfers Pass                      $679,000         P          4          3          2          2084

940350            981 Driver Way                       $705,000         P          4          3 ½      2          2561

940347            635 Alpine View                      $725,000         P          4          3 ½      2          2704

940423            225 Pine Cone Road                $739,000         A         4          3          1          1635

940453            581 Tyner Way                        $979,000         P          4          3 ½      2          3256

939781            519 Ponderosa                         $1,349,000      A         6          5 ½      3          5517

940113            550 Fairview                            $1,849,000      P          4          5 ½      2          6746

940077            689 Tyner Way                        $1,850,000      A         6          7 ½      3          6146

 

Incline Village REO Condominiums/Townhomes

 

MLS#              Address                       Unit      List Price          Status   Bed      Bath   Gar        SqFt

 

940354            820 Oriole Way           56        $270,000         P          4          3 ½      2          1752

120001685      875 Southwood            17        $329,900         P          2          2 ½      1          1564

120005404      1513 Tirol Dr.                          $756,900         A         3          3          N         2814

 

Incline Village REO Homes

 

940355            821 Golfers Pass                      $749,900         P          3          2 ½      2          2804

           

The above list is accurate as of May 4, 2012 as reflected in the Northern Nevada Regional

and Incline Village Multiple Listing Services.  Prices & availability are subject to frequent change.

 

 

                                                                 Page 2 of 2

 

Get The Right Scoop Here!! **** The Best Place To Go for Lake Tahoe Real Estate

 Ken Cash,  CRS

Coldwell Banker-Nevada

Century 21-California

 

KenCash@TahoeLiving.com

775.691.3855   direct

888.726.8821

www.TahoeLiving.com

www.Century21MountainProperties.com

California & Nevada

Associate Broker

 

Coldwell Banker Select Real Estate of Lake Tahoe - Nevada

Century 21 Tahoe Resort Properties-California

P Please consider the environment before printing this.

 

May Blossoms in the kitchen

Blossom-Topped Cupcakes

Mother’s Day is right around the corner and if you’re looking for a sweet treat for the mother in your life, look no further than these little cuties.

 

For cupcakes:

  • 16 (2 1/2-inch) paper muffin-cup liners
  • 2 cups cake flour (not self-rising)
  • 1 teaspoon baking powder
  • 1/2 teaspoon salt
  • 2 sticks unsalted butter, softened
  • 1 1/2 cups granulated sugar
  • 4 large eggs
  • 1/4 cup whole milk
  • 1 teaspoon vanilla

For frosting:

  • 2 (8-ounce) packages cream cheese, softened
  • 1 cup confectioners sugar
  • 1 teaspoon fresh lemon juice
  • 1/4 teaspoon rosewater (optional)
  • Garnish: nontoxic and organic (pesticide-free) small roses, pansies, and scented geranium leaves and blackberries dusted with confectioners sugar

Make cupcakes:
Preheat oven to 350°F and line 16 (1/3-cup) muffin cups with paper muffin-cup liners.

Sift together flour, baking powder, and salt. Beat together butter and sugar in a large bowl with an electric mixer until light and fluffy. Add eggs 1 at a time, beating well after each addition, and with mixer on low speed beat in milk and vanilla until just combined (batter will separate). Add flour mixture in 3 batches, beating until just combined after each addition.

Divide batter among muffin cups and bake in middle of oven until a tester comes out clean, about 20 minutes. Cool cupcakes in pan on a rack 5 minutes and remove from pan.

Make frosting:
Beat cream cheese with an electric mixer until smooth. Add confectioners sugar and beat on low speed until incorporated. Add lemon juice and rosewater and beat until smooth.

Frost cupcakes and garnish.

Source: “Blossom-Topped Cupcakes” epicurious.com, September 1999

Get The Right Scoop Here!! **** The Best Place To Go for Lake Tahoe Real Estate

 Ken Cash,  CRS

Coldwell Banker-Nevada

Century 21-California

 

KenCash@TahoeLiving.com

775.691.3855   direct

888.726.8821

www.TahoeLiving.com

www.Century21MountainProperties.com

California & Nevada

Associate Broker

 

Coldwell Banker Select Real Estate of Lake Tahoe - Nevada

Century 21 Tahoe Resort Properties-California

P Please consider the environment before printing this.

 

ShortSale & Bankowned Incline Village Crystal Bay Nv 4-27-12

On the short sale list we have 2 price reductions, 2 new escrows, 1 back on market, 1 new listing and 1 sale to report.  The short sale listing at 573 Sugarpine Dr. listed at $361,309 sold for $361,309 on 04/17/2012. (Congratulations to Ken Cash...........Yea !!!   Only 4 months)

 

On the REO list, we have only 1 sale to report.  The listing at 820 Oriole Way #51 listed at $224,900 sold for $224,900 on 03/06/2012. 

Denise Cash  775.691.3844               Ken Cash  775.691.3855

DeniseCash@TahoeLiving.com       KenCash@TahoeLiving.com

                                    www.TahoeLiving.com

 

Incline Village Condominium/PUD Short Sale Listings

 

MLS#             Address                      Unit     List Price        Status  Bed     Bath   Gar       SqFt

 

940064            870 Southwood            3          $124,000         A         2          1 ½      N         1040

940104            945 Harold Dr.             1          $125,000         A         2          1          N         782

939687            989 Tahoe Blvd.           64        $145,500         P          3          2          N         1649

940425            989 Tahoe Blvd.           53        $165,000         A         3          2          N         1649

938877            989 Tahoe Blvd.           67        $169,000         A         3          2          N         1649

940182            801 Northwood           3          $170,000         A         2          1 ½      CP       960

939903            333 Ski Way                257      $175,000         A         1          2          CP       1062

940019            837 Southwood            24        $175,000         A         3          2          N         1332

940424            989 Tahoe Blvd.           11        $175,000         P          3          2          N         1740

940153            599 Crest Lane            33        $179,000         A         2          2          N         1120

110008157      845 Southwood            61        $179,000         P          3          2 ½      N         1332

940132            702 College                  82        $179,900         P          3          2          N         1120

939628            321 Ski Way                3          $185,000         P          3          2 ½      N         1280

940266            908 Harold                   23        $245,000         P          2          2          2          1452

940333            144 Village                   96        $279,000         P          1          1          1          797

940396            321 Ski Way                120      $295,000         A         3          2 ½      N         1360

940204            1312 St Galen                          $295,000         P          3          2 ½      N         1688

940058            998 Driver                    5          $299,000         A         2          2          N         1499

940345            759 Mays Blvd.            29        $300,000         P          3          3 ½      2          1620

940237            4 Calaneva Dr              11        $349,000         P          2          2 ½      1          1435

940337            939 incline Way            201      $349,950         P          2          2          1          1111

937825            1208 Styria                              $375,000         P          3          2          N         1568

940057            931 Incline Way           234      $425,000         P          2          2          1          1089

940168            853 McCourry                         $450,000         P          3          3 ½      2          1951

120001759      803 Rosewood Cir                   $799,000         P          4          3 ½      2          2714

940410            852 Rosewood                         $799,000         A         4          3 ½      2          2674

940411            848 Rosewood Cir                   $799,000         P          4          3 ½      2          2674

940427            198 Country Club #49              $799,000         A         3          2 ½      2          2130

 

Incline Village Single Family Home Short Sale Listings

 

939701            422 Valerie                              $375,000         P          3          2          N         1392

940223            984 Tyner Way                        $424,900         P          4          2 ½      2          2036

939996            572 Lucille Dr                          $449,000         P          3          2          2          1688

 

The above list is accurate as of   April 26, 2012 as reflected in the Northern Nevada Regional

 and Incline Village Multiple Listing Services.  Prices & availability are subject to frequent change.                                                               

 

 

Denise Cash  775.691.3844               Ken Cash  775.691.3855

DeniseCash@TahoeLiving.com       KenCash@TahoeLiving.com

                                    www.TahoeLiving.com

 

 

Incline Village Single Family Home Short Sale Listings

 

MLS#             Address                      Unit     List Price        Status  Bed     Bath   Gar       SqFt

 

940156            382 Country Club                     $459,000         P          3          2          1          1596

940171            631 Village                               $470,000         P          4          2          2          1912

940205            327 Winding Way                    $499,000         P          3          2 ½      3          2677

940225            632 Woodridge                        $549,000         P          4          3          2          1864

940251            338 2nd Creek                          $575,000         P          3          3          2          4000

940217            466 Winding Way                    $620,000         P          3          3 ½      3          2802

940279            732 Betty                                 $650,000         P          3          2          2          1682

940299            985 3rd Green Court                 $655,000         P          3          2 ½      2          1864

940365            772 Golfers Pass                      $679,000         P          4          3          2          2084

940350            981 Driver Way                       $705,000         P          4          3 ½      2          2561

940347            635 Alpine View                      $725,000         P          4          3 ½      2          2704

940423            225 Pine Cone Road                $739,000         A         4          3          1          1635

939781            519 Ponderosa                         $1,349,000      P          6          5 ½      3          5517

940113            550 Fairview                            $1,849,000      P          4          5 ½      2          6746

940077            689 Tyner Way                        $1,999,000      A         6          7 ½      3          6146

 

Incline Village REO Condominiums/Townhomes

 

MLS#              Address                       Unit      List Price          Status   Bed      Bath   Gar        SqFt

 

940354            820 Oriole Way           56        $270,000         A         4          3 ½      2          1752

120001685      875 Southwood            17        $329,900         P          2          2 ½      1          1564

 

Incline Village REO Homes

 

120001293      658 Tumbleweed                      $536,200         P          4          2 ½      2          2912

940355            821 Golfers Pass                      $769,900         A         3          2 ½      2          2804

           

The above list is accurate as of April 26, 2012 as reflected in the Northern Nevada Regional

and Incline Village Multiple Listing Services.  Prices & availability are subject to frequent change.

 

 

                                                               

 

 

Get The Right Scoop Here!! **** The Best Place To Go for Lake Tahoe Real Estate

 Ken Cash,  CRS

Coldwell Banker-Nevada

Century 21-California

 

KenCash@TahoeLiving.com

775.691.3855   direct

888.726.8821

www.TahoeLiving.com

www.Century21MountainProperties.com

California & Nevada

Associate Broker

 

Coldwell Banker Select Real Estate of Lake Tahoe - Nevada

Century 21 Tahoe Resort Properties-California

P Please consider the environment before printing this.

 

Things designers won't say.

I found this article interesting..  What do you think?  I am not saying here I agree, just find it worth reading.  I always hate it when others act as if they know my business.  I kind of feel the same way here.. 

10 Things Interior Designers Won’t Say

1. My qualifications? My good taste, naturally. Remember the days when you could very well expect to find a real treasure, say, a $20 Eames chair, at a garage sale? That was before the home-improvement craze of the past decade. Now everybody and his mother fancies themselves an interior designer sometimes literally and there are scant regulations defining what constitutes an interior designer or decorator. Only a little more than half of the states have rules establishing the qualifications a person must complete before legally calling himself or herself a licensed, registered or certified interior designer. Of course, you may not care about such credentials if all you want is to hire the same person who made your neighbor’s living room look fabulous. Advanced training, however, covers materials, safety, and code issues that can have a major impact on your home. “Hiring someone who doesn’t have that knowledge can result in a slip-and-fall from the wrong flooring or allowing the homeowner to go ahead with a design that can’t be executed because of technical issues in the home,” says Bruce Goff, a Reno, Nev.-based interior designer with the firm Domus. “And now that we are seeing so many home-based businesses, it’s a major issue for the electrical and ergonomic needs of a work space,” he says. So, do your homework. First, see what your state requires by checking out the International Interior Design Association s (IIDA) web site. Then visit the American Society of Interior Designers (ASID) referral site for a list of qualified designers in your area.

2. I’ll decorate in my style, not yours. Look over your designer’s portfolio carefully before you make a hiring decision. “If what you really want is a laid back and informal style, don’t hire the designer who you met at a luxury show house. If you want a home done in whites, don’t hire a designer who features color all over their web site,” says Deborah Wiener, of the Silver Spring, Md., firm Designing Solutions. “It’s important to match your style and lifestyle with what the designer is known for. Specializing in one thing means they don’t know how to do anything else,” says Beth Whitlinger, an interior designer in Rancho Santa Margarita, Calif. And you’ll have better luck with a designer with whom you have a good rapport one reason to set up an early face-to-face meeting to compare opinions on, say, pictures of rooms you’ve clipped from magazines.

3. I’ll redesign your budget along with your rooms. Unless you’re careful, an interior designer may treat your budget like a swatch of discarded fabric. “Designers assume that budgets don’t include things like their fees and taxes,” Whitlinger says, adding that they likely regard that number as the amount they can spend on furnishings and finishes alone. That’s why you should explicitly tell your designer that the amount you’re willing to spend includes everything: furniture, fees, sales tax, delivery, installation the works. “Have the designer give you a proposal with everything itemized before anything is started,” Whitlinger says. “That way, you get a breakdown of how every penny is going to be spent.” “A photo or drawing of the item should accompany the price proposal along with any finishes or fabrics that might be applied to the item. This way there are no surprises when the client receives their merchandise,” Whitlinger says. Wiener recommends putting together a range from low to high of what you want to spend, and be very direct during the interview and shopping process about what you’re comfortable spending.

4. You have no idea how much that sofa really costs. When you pick out new furniture with a designer, chances are that she will order it from a trade showroom at a discounted price in between wholesale and retail then add the markup for her time and service. But you might not know how much you’re being charged, since bills often reflect just one lump price. “Most designers charge markups of around 30% or 40% for the items they purchase,” says Marie Chan, an interior designer and principal of InterSpace Design in Santa Clara, Calif. “Whatever you end up paying a designer for an area rug or curtains, it shouldn’t be more than how much you could have gotten it at the retail price. I generally tell clients: This is the list price; I get a discount; how much depends on who I get it from. But after my markup, it will still be 20% to 30% below the retail price’”, Chan says. Ask your designer about their fees and what the net cost of their purchases will be. “I guarantee my clients they’ll never pay more than retail for anything,” says Anne Vincent, president-elect of the ASID Georgia chapter. “Many designers are reluctant to divulge their net prices, but I have always thought the openness was best for client-designer relations,” she says.

5. My hourly rate will make you see red. Whoever you hire for a project, ask about their fee structure. Some charge a flat fee plus a commission based on a percentage of the cost of products, while others charge an hourly rate of $75 to $250 or more plus commission. Depending on how long your project will take, an hourly rate may be out of your budget especially when you factor in the possibility of being charged for office assistants placing orders and sending mail. “It’s fine to work on an hourly rate, but it increases a client’s comfort level if there’s some sort of target an hourly rate against a guaranteed maximum,” says Vincent. A better option might be to ask for a fixed fee. To calculate a fair price, consider that a simple room typically takes about 20 hours of designer work to complete.

6. Shop at the right stores and you ll pay less for designers. Just because you don’t want to spend upwards of $50,000 on your living room doesn’t mean you can’t hire an interior designer. National retail chains such as Bloomingdale’s and Ethan Allen, along with some independent furniture stores, offer the services of trained designers at excellent rates. At Ethan Allen, for example, design service is free with a purchase whether you spend $100 or $10,000. Bloomingdale’s fees depend on the location: The design store in Manhattan has a $2,500 design fee with a minimum purchase of $25,000, while the Chesnut Hill, Mass., store and King of Prussia (in Pennsylvania) store have a $750 design fee with a minimum purchase of $10,000. The designer will also help order non-store products such as tile and curtains. Before you sign on, make sure your in-store designer is a member of a trade organization such as ASID or IIDA to ensure that you’re working with a trained pro and not simply a glorified salesperson. Just like any hire, ask the designer for referrals, and get fee and purchase requirements in writing.

7. Using my contractors will cost you. When it’s time to lay new tile or paint your kitchen, your designer will likely recommend his preferred contractors folks whom he trusts to do the job. But taking these referrals can often be more costly than finding a contractor yourself thanks to the hidden referral fees, or kickbacks, that designers often get from their preferred contractors. For instance, if a painter normally charges $500 for a job, he may charge you $550 when it comes through a designer, then pass that extra $50 back to the designer. “Hidden referral fees are actually against ASID’s ethics code, so ask your designer upfront about his policy. I would say it’s rare. It’s not a standard business practice,” says Vincent. But don’t be automatically suspicious if your designer wants to hire people he or she has worked with in the past. Jerry Jacobs, an interior designer in San Francisco, says he likes to use his own contractors on clients projects for several reasons: He knows they’re reliable, it saves time, and they know how he works.

8. Don’t rush me or I’ll have to charge you. If it’s October and you want your dining room redecorated in time for the holidays, designers have two words for you: good luck. Not surprisingly, the pre-holiday season is a busy time for the industry but so is spring, as clients anticipate summer visitors. That means interior designers don’t have as much time for your project, and compounding the problem, furniture delivery anytime tends to be quite slow. “If a designer can do your job at what he considers a quicker than normal pace, it won’t come cheap,” says Jacobs. Rush fees, FedEx packages are passed on to a client as is the cost for a designer to wait in your home for a delivery.

9. Custom orders mean you’re courting disaster. Thanks to economics and industry consolidation, there’s less standard stock furniture on showroom floors these days. As a result, custom furniture is becoming more prevalent, whether it means choosing different upholstery than what’s on the showroom model or asking that the sofa be 96 inches long instead of 98. Either way, custom orders can create trouble. If your custom-size sofa won’t fit in your study or if a specialty-ordered chocolate chenille looks more like latte, tough luck once the product has passed the manufacturer’s inspections, it’s unlikely you can return it. To avoid such problems with custom orders, interior designer Bruce Goff says he makes his clients sign off on every step of the process, from the initial sketch to samples of the finish, fabric,or yarn, which are called strike-offs. For rugs, he recommends that clients buy a sample corner. At about $250, Goff says, It’s the cheapest insurance you can get.

10. If I botch your project, good luck getting reparations. You ordered the cherry bronze hardwood floors, and cherry fireside gets delivered instead. Did your designer order the wrong finish or did you get them mixed up? “Like with any other service rendered, there will invariably be disagreements. That’s why it’s smart to insist that your designer prepare a letter of agreement or contract before any money changes hands,” says Doug Stead, the executive director of the California Council for Interior Design Certification, the state’s certification board for interior designers. If there is a dispute over whether certain work has been performed, you may not always get your money back, but at least a contract should help clarify what recourse both the consumer and designer have. “Make sure there’s a dispute resolution clause in your contract, which spells out what happens if there’s a dispute between the designer and client. This clause may mandate that the designer or client use an arbitration or mediation company,” says Stead.

It also spells out which party is responsible for which costs in the event that the contract is broken. You should also make sure the designer has business liability insurance. That way, if you’ve paid a portion of the cost of, say, a pricey Oriental rug they purchased for you, and the manufacturer’s warehouse burns down, your designer is covered. Without it, you’ve lost the money you paid them, says Stead. Source: smartmoney.com

Get The Right Scoop Here!! **** The Best Place To Go for Lake Tahoe Real Estate

 Ken Cash,  CRS

Coldwell Banker-Nevada

Century 21-California

 

KenCash@TahoeLiving.com

775.691.3855   direct

888.726.8821

www.TahoeLiving.com

www.Century21MountainProperties.com

California & Nevada

Associate Broker

 

Coldwell Banker Select Real Estate of Lake Tahoe - Nevada

Century 21 Tahoe Resort Properties-California

P Please consider the environment before printing this.

 

SS & REO Incline Village Nv 4-15-12

On the short sale list, we have 3 new listings, 1 back on market and 2 new pending listings.  No closed escrows to report.

 

On the bank, there are no changes to report.

 

Rather quiet week with the poor weather and Spring Break.

 

Denise Cash  775.691.3844               Ken Cash  775.691.3855

DeniseCash@TahoeLiving.com       KenCash@TahoeLiving.com

                                    www.TahoeLiving.com

Incline Village Condominium/PUD Short Sale Listings

 

MLS#             Address                      Unit     List Price        Status  Bed     Bath   Gar       SqFt

 

940064            870 Southwood            3          $124,000         A         2          1 ½      N         1040

940104            945 Harold Dr.             1          $125,000         A         2          1          N         782

939687            989 Tahoe Blvd.           64        $145,500         P          3          2          N         1649

940182            801 Northwood           3          $165,000         P          2          1 ½      CP       960

940425            989 Tahoe Blvd.           53        $165,000         A         3          2          N         1649

938877            989 Tahoe Blvd.           67        $169,000         A         3          2          N         1649

939903            333 Ski Way                257      $175,000         A         1          2          CP       1062

940019            837 Southwood            24        $175,000         A         3          2          N         1332

940424            989 Tahoe Blvd.           11        $175,000         A         3          2          N         1740

940153            599 Crest Lane            33        $179,000         A         2          2          N         1120

110008157      845 Southwood            61        $179,000         P          3          2 ½      N         1332

940132            702 College                  82        $179,900         A         3          2          N         1120

939628            321 Ski Way                3          $185,000         P          3          2 ½      N         1280

940266            908 Harold                   23        $245,000         P          2          2          2          1452

940333            144 Village                   96        $279,000         P          1          1          1          797

940396            321 Ski Way                120      $295,000         A         3          2 ½      N         1360

940204            1312 St Galen                          $295,000         P          3          2 ½      N         1688

940345            759 Mays Blvd.            29        $300,000         P          3          3 ½      2          1620

940058            998 Driver                    5          $315,000         A         2          2          N         1499

940237            4 Calaneva Dr              11        $349,000         P          2          2 ½      1          1435

940337            939 incline Way            201      $349,950         P          2          2          1          1111

937825            1208 Styria                              $375,000         P          3          2          N         1568

940057            931 Incline Way           234      $425,000         P          2          2          1          1089

940168            853 McCourry                         $450,000         P          3          3 ½      2          1951

120001759      803 Rosewood Cir                   $799,000         P          4          3 ½      2          2714

940410            852 Rosewood                         $799,000         A         4          3 ½      2          2674

940411            848 Rosewood Cir                   $799,000         P          4          3 ½      2          2674

 

Incline Village Single Family Home Short Sale Listings

 

939893            573 Sugarpine Dr                     $361,309         P          3          2 ½      1          1582

939701            422 Valerie                              $375,000         P          3          2          N         1392

940223            984 Tyner Way                        $424,900         P          4          2 ½      2          2036

939996            572 Lucille Dr                          $449,000         P          3          2          2          1688

 

The above list is accurate as of   April 13, 2012 as reflected in the Northern Nevada Regional

 and Incline Village Multiple Listing Services.  Prices & availability are subject to frequent change.                                                               

 

  

Denise Cash  775.691.3844               Ken Cash  775.691.3855

DeniseCash@TahoeLiving.com       KenCash@TahoeLiving.com

                                    www.TahoeLiving.com

 

Incline Village Single Family Home Short Sale Listings

 

MLS#             Address                      Unit     List Price        Status  Bed     Bath   Gar       SqFt

 

940156            382 Country Club                     $459,000         P          3          2          1          1596

940171            631 Village                               $470,000         P          4          2          2          1912

940205            327 Winding Way                    $499,000         P          3          2 ½      3          2677

940225            632 Woodridge                        $549,000         P          4          3          2          1864

940251            338 2nd Creek                          $575,000         P          3          3          2          4000

940217            466 Winding Way                    $620,000         P          3          3 ½      3          2802

940279            732 Betty                                 $650,000         P          3          2          2          1682

940299            985 3rd Green Court                 $655,000         P          3          2 ½      2          1864

940365            772 Golfers Pass                      $679,000         P          4          3          2          2084

940350            981 Driver Way                       $705,000         P          4          3 ½      2          2561

940347            635 Alpine View                      $725,000         P          4          3 ½      2          2704

940423            225 Pine Cone Road                $739,000         A         4          3          1          1635

939781            519 Ponderosa                         $1,349,000      P          6          5 ½      3          5517

940113            550 Fairview                            $1,849,000      P          4          5 ½      2          6746

940077            689 Tyner Way                        $1,999,000      A         6          7 ½      3          6146

 

Incline Village REO Condominiums/Townhomes

 

MLS#              Address                       Unit      List Price          Status   Bed      Bath   Gar        SqFt

 

940307            820 Oriole Way           51        $224,900         P          3          2 ½      2          1440

940354            820 Oriole Way           56        $270,000         A         4          3 ½      2          1752

120001685      875 Southwood            17        $329,900         P          2          2 ½      1          1564

 

Incline Village REO Homes

 

120001293      658 Tumbleweed                      $536,200         P          4          2 ½      2          2912

940355            821 Golfers Pass                      $769,900         A         3          2 ½      2          2804

           

The above list is accurate as of April 13, 2012 as reflected in the Northern Nevada Regional

and Incline Village Multiple Listing Services.  Prices & availability are subject to frequent change.

 

Get The Right Scoop Here!! **** The Best Place To Go for Lake Tahoe Real Estate

 Ken Cash,  CRS

Coldwell Banker-Nevada

Century 21-California

 

KenCash@TahoeLiving.com

775.691.3855   direct

888.726.8821

www.TahoeLiving.com

www.Century21MountainProperties.com

California & Nevada

Associate Broker

 

Coldwell Banker Select Real Estate of Lake Tahoe - Nevada

Century 21 Tahoe Resort Properties-California

P Please consider the environment before printing this.

 

IMPORTANT STATS FOR INCLINE VILLAGE-CRYSTAL BAY NV 4-12

 

 

1.   Homes under contract are up 64.9% for the past 12 months.   Sold listings are up 7.9% and inventory is down 11.8% over the past year.

2.      The MSI is down over the past 12 months by 24.6%.  In December 2011 we were dealing with a 90 month supply of homes on the market based a sales activity that month.  We’re now dealing with just a 11.6 month supply of homes. 

3.      The Residential Sold Average vs Median Price, notes that the last three months indicate upward pressure on sold prices.  There were a couple large sales in March that skewered the average. 

4.      The condominium Supply Demand Units, notes the decrease in inventory. 

5.      The Month’s supply of Inventory for condominium, notes the 28.3% decrease in MSI over the past year to a current low of just 10.4 months.

6.      The Sold Average versus Median Price for condos, notes the 29% and 34% decrease in sold prices for condominiums.

 

The market share charts for volume and units look great as does the trend charts for market share in both the volume and units.   Based upon the number of opened sides (seller or buyer), April and May should be great closing months.  Closed units in January, February and March of 2012 were ahead of the same months in 2011. 

 

Our market has changed.  The past couple of sales meetings we have been discussing multiple offer and backup offer strategies and the need for more listings.  If you would like copies of the charts used for the above, email me at  kencash@tahoeliving.com.  

 

Get The Right Scoop Here!! **** The Best Place To Go for Lake Tahoe Real Estate

 Ken Cash,  CRS

Coldwell Banker-Nevada

Century 21-California

 

KenCash@TahoeLiving.com

775.691.3855   direct

888.726.8821

www.TahoeLiving.com

www.Century21MountainProperties.com

California & Nevada

Associate Broker

 

Coldwell Banker Select Real Estate of Lake Tahoe - Nevada

Century 21 Tahoe Resort Properties-California

P Please consider the environment before printing this.

 

ShortSale & BankOwned Incline Village-Crystal Bay Nv 4-7-12

 

On the short sale list, we have 3 new listings, 4 new escrows, 2 price reductions and no sold listings to report. The two Incline Crest townhomes at $179,000 and $179,900 appear to be good values in today’s market as is the remaining Incline Creek Estates townhome at $799,000. On the REO list, we have 1 price reduction and 1 sold to report. The listing at 700 College #35 listed at $225,900 sold 04/05/2012 for $220,000.

Denise Cash  775.691.3844               Ken Cash  775.691.3855

DeniseCash@TahoeLiving.com       KenCash@TahoeLiving.com

                                    www.TahoeLiving.com

 

Incline Village Condominium/PUD Short Sale Listings

 

MLS#             Address                      Unit     List Price        Status  Bed     Bath   Gar       SqFt

 

940064            870 Southwood            3          $124,000         A         2          1 ½      N         1040

940104            945 Harold Dr.             1          $125,000         A         2          1          N         782

939687            989 Tahoe Blvd.           64        $145,500         P          3          2          N         1649

940182            801 Northwood           3          $165,000         P          2          1 ½      CP       960

938877            989 Tahoe Blvd.           67        $169,000         A         3          2          N         1649

939903            333 Ski Way                257      $175,000         P          1          2          CP       1062

940019            837 Southwood            24        $175,000         A         3          2          N         1332

940153            599 Crest Lane            33        $179,000         A         2          2          N         1120

110008157      845 Southwood            61        $179,000         P          3          2 ½      N         1332

940132            702 College                  82        $179,900         A         3          2          N         1120

939628            321 Ski Way                3          $185,000         P          3          2 ½      N         1280

940266            908 Harold                   23        $245,000         P          2          2          2          1452

940333            144 Village                   96        $279,000         P          1          1          1          797

940396            321 Ski Way                120      $295,000         A         3          2 ½      N         1360

940204            1312 St Galen                          $295,000         P          3          2 ½      N         1688

940122            978 Glenrock               52        $297,700         A         3          2 ½      N         1440

940345            759 Mays Blvd.            29        $300,000         P          3          3 ½      2          1620

940058            998 Driver                    5          $315,000         A         2          2          N         1499

940237            4 Calaneva Dr              11        $349,000         P          2          2 ½      1          1435

940337            939 incline Way            201      $349,950         P          2          2          1          1111

937825            1208 Styria                              $375,000         P          3          2          N         1568

940057            931 Incline Way           234      $425,000         P          2          2          1          1089

940168            853 McCourry                         $450,000         P          3          3 ½      2          1951

120001759      803 Rosewood Cir                   $799,000         P          4          3 ½      2          2714

940410            852 Rosewood                         $799,000         A         4          3 ½      2          2674

940411            848 Rosewood Cir                   $799,000         P          4          3 ½      2          2674

 

Incline Village Single Family Home Short Sale Listings

 

939893            573 Sugarpine Dr                     $361,309         P          3          2 ½      1          1582

939701            422 Valerie                              $375,000         P          3          2          N         1392

940223            984 Tyner Way                        $424,900         P          4          2 ½      2          2036

939996            572 Lucille Dr                          $449,000         A         3          2          2          1688

 

The above list is accurate as of   April 6, 2012 as reflected in the Northern Nevada Regional

 and Incline Village Multiple Listing Services.  Prices & availability are subject to frequent change.                                                                

 

 

 

 

 

 

 

Denise Cash  775.691.3844               Ken Cash  775.691.3855

DeniseCash@TahoeLiving.com       KenCash@TahoeLiving.com

                                    www.TahoeLiving.com

 

 

Incline Village Single Family Home Short Sale Listings

 

MLS#             Address                      Unit     List Price        Status  Bed     Bath   Gar       SqFt

 

940156            382 Country Club                     $459,000         P          3          2          1          1596

940171            631 Village                               $470,000         P          4          2          2          1912

940205            327 Winding Way                    $499,000         P          3          2 ½      3          2677

940225            632 Woodridge                        $549,000         P          4          3          2          1864

940251            338 2nd Creek                          $575,000         P          3          3          2          4000

940217            466 Winding Way                    $620,000         P          3          3 ½      3          2802

940279            732 Betty                                 $650,000         P          3          2          2          1682

940299            985 3rd Green Court                 $655,000         P          3          2 ½      2          1864

940365            772 Golfers Pass                      $679,000         P          4          3          2          2084

940350            981 Driver Way                       $705,000         P          4          3 ½      2          2561

940347            635 Alpine View                      $850,000         A         4          3 ½      2          2704

939781            519 Ponderosa                         $1,349,000      P          6          5 ½      3          5517

940113            550 Fairview                            $1,849,000      P          4          5 ½      2          6746

940077            689 Tyner Way                        $1,999,000      A         6          7 ½      3          6146

 

Incline Village REO Condominiums/Townhomes

 

MLS#             Address                      Unit     List Price        Status  Bed     Bath   Gar       SqFt

 

940307            820 Oriole Way           51        $224,900         P          3          2 ½      2          1440

940354            820 Oriole Way           56        $270,000         A         4          3 ½      2          1752

120001685      875 Southwood            17        $329,900         P          2          2 ½      1          1564

 

Incline Village REO Homes

 

120001293      658 Tumbleweed                      $536,200         P          4          2 ½      2          2912

940355            821 Golfers Pass                      $769,900         A         3          2 ½      2          2804

           

The above list is accurate as of April 6, 2012 as reflected in the Northern Nevada Regional

and Incline Village Multiple Listing Services.  Prices & availability are subject to frequent change.

 

Get The Right Scoop Here!! **** The Best Place To Go for Lake Tahoe Real Estate

 Ken Cash,  CRS

Coldwell Banker-Nevada

Century 21-California

 

KenCash@TahoeLiving.com

775.691.3855   direct

888.726.8821

www.TahoeLiving.com

www.Century21MountainProperties.com

California & Nevada

Associate Broker

 

Coldwell Banker Select Real Estate of Lake Tahoe - Nevada

Century 21 Tahoe Resort Properties-California

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