2481 Fountain Avenue – Just Listed For Sale

2481 Fountain Ave 96150

Rustic Tahoe Cabin owned by original family members. Residence is in good condition however interior photos are not available due to moving boxes all over house. All 3 bedrooms are located upstairs. Master has 1/2 bath and downstairs is a full bath. New counter tops and sanding of original wood floors would complete this home. Home is 1334 SF and priced for a quick sale. The Owner is looking for a 3-4 week lease back. Property is in a good location at the rear of the neighborhood and located on one of the larger neighborhood lots. Worth seeing if you are an investor looking for a fixer upper too. Multiple showings first day. Offer arriving Saturday morning. No decision till late Sunday or Monday. Hurry! Asking $319,900.

Robert Stiles, REALTOR®, CHASE INTERNATIONAL 530-314-0352

928 KIOWA DR – JUST LISTED FOR SALE

Welcome to South Lake Tahoe

Rustic 2 BR / 1 BA Tahoe Cabin with all modern amenities. Granite counter tops, newer cabinets and a superb location backing to CA Conservancy land. Surrounded by more expensive homes this property is perfect for Lake Tahoe visitors and their guest. Easy access to local ski resorts, mountain climbing and Lake Tahoe from here. I don’t expect this home to be on the market for very long. Robert Stiles, REALTOR® CHASE INTERNATIONAL License CA 01279125 Call 530-314-0352 for appointment. $349,900

Photos by EVOLV3MEDIA 775-285-7231

928 Kiowa Dr 96150
928 Kiowa Dr 96150

Lights! Camera! Action!

Movie Set

Laws on video and audio recording vary by state, but to cope with increased scrutiny from watchful sellers, some real estate professionals are advising their clients to be wary during showings. Cameras that capture a buyer’s exuberance or dissatisfaction while viewing a home could reveal important negotiation leverage for the seller to later use against you.

That’s why it’s important to work out a plan for communicating when viewing properties with your real estate agent. Some agents have even directed their clients to text them their comments while they walk through a home—even when they’re standing next to each other.

More and more property owners are purchasing cameras for their homes, especially before placing them on the real estate market. It’s something I make all of my buyers very aware of when showing property. One tactic I have used is to have my clients pretend the owner is sitting in the living room while viewing the home.

Some agents in our area are even making an effort to be more transparent about hidden cameras at their listings. The Northern Nevada MLS does not require REALTORS® to note whether there is audio or video inside a home listed for sale. Hopefully Nevada agents are advising buyer agents in the private remarks section which is not publicly shown. The South Lake Tahoe Association of REALTORS® however requires agents to provide this information to their MLS. Regardless it is always better to hold your opinion of a property till you exit the home. Seller’s may not even provide this information to their listing agent.

Now or Never Lake Tahoe Lot!

1721 Sawmill Rd

If you want to build a big house at Lake Tahoe you need, what the government calls, “land coverage”. Land coverage is part of the U.S. government’s environmental plan to protect Lake Tahoe via the Tahoe Regional Planning Agency (TRPA). Man-made structures such as homes, driveways, and tennis courts have been classified as disturbances on the soil within the Lake Tahoe Basin. Those disturbances are measured in variables of square footage with the TRPA providing the limits to how much of your land can be disturbed. Much of the value of 1721 Sawmill Road lies in the building capabilities or amount of land coverage available to you. Zoned R1 for single family residential, this 2.5 acre parcel offers 16,901 SF of type 1A coverage and 25,852 SF of type 6 coverage. For those seeking acreage in an out of town location you could not ask for a better residential building site. This gorgeous parcel sits adjacent to CA Conservancy and U.S. Forest Service land providing privacy, with beautiful mountain views.Showings are by appointment only. Contact Robert Stiles of Chase International at 530-314-0352. Asking $749,000.

1721 Sawmill Rd 96150
Entrance
Storage Shed

Top 10 Reasons to Hire a Buyer’s Agent

Why Have a Buyer’s Agent When Purchasing a House?

Buying a house is one of the most significant undertakings you’ll make in your entire life. It’s not simply about finding the right home for you and your family; more than anything, buying a house is about making the right financial investment on a long-term basis.

Before you even put down your earnest money deposit, an exceptional buyer’s agent will have been doing several things for you, including searching for the right property and starting the due diligence process when you do.

There are a plethora of reasons you should turn to a buyer’s agent when you start the house-buying process. Below are some of the most essential reasons to hire a buyer’s agent when purchasing your next house:

1. It’s Free

One of the first things you need to know about hiring a buyer’s agent is that it’s not going to cost you anything. That’s right; 99 percent of the time it won’t cost you a dime!

A buyer’s agent will be paid by the home seller once the home is sold. Not only is it free, but a buyer’s rep will be saving you both time and money. As always, it’s essential to have a good working relationship with an agent. In other words, make sure you find one that you feel comfortable working with.

2. Going to the Listing Agent Isn’t Smart

For some reason, lots of buyers think they’ll get a better deal if they go to the seller’s agent. This is one of the biggest myths in real estate and could cost you considerable money in the long run. Quite often, buyers think if they go to the seller’s agent, they’ll give them back some of the commission. While this may be true, the agent works in the best interests of the seller, not you!

Saving a couple thousand dollars in commission but overpaying on a home by $10,000 works out to a net loss of $8,000! In addition, the agent is going to be doing everything in their power to close the sale, not what’s best for you. Avoiding dual agency is something every smart buyer does. Always have your own designated buyer’s agent.

3. Professional Experience

A buyer’s agent should have the right kind of professional experience in finding the right home for you. Finding the right property is a time-consuming process, and it’s easy to find yourself spending hours viewing properties that are not right for you.

It’s crucial to have a bit of help, especially if you’re a first-time buyer or a very busy person. Having an agent screening the properties for you can save you lots of time. Not only that, but they’ll also view properties to make sure they’re in good order.

A buyer’s agent who has been in the business for a long time will pick up on common problems, such as a damp basement, roofing problems and leaks.

4. How Well Do You Know the Area?

Having a buyer’s agent on board when you move to a new town or part of the country is especially vital. After all, you may not know the area that well. Having someone with local knowledge means that you’re much more likely to end up investing in a property in the “right” part of town. An exceptional agent that services primarily buyers will know their way around the local area well. They’ll know the popular neighborhoods that are appealing to most buyers and those that aren’t.

Also, an agent will make sure the amenities that are important to you are close by. Schools and leisure facilities are often on the top of most homebuyers’ agenda.

5. Valuation and Finance

Valuing a property is not easy when you don’t have a lot of experience. When you’re buying your first or second home, you’ll need all of the help that you can get. Nothing beats turning to a professional to help you purchase a property at fair market value, or less, if you’re lucky. One of the best skills of a buyer’s agent is to be able to evaluate the right purchase price for the home.

Financing can be a nightmare, as well. Sure, you may have your mortgage preapproval, but when it comes to buying a home and financing it, there’s often a mountain of paperwork to work through. A buyer’s agent will help you to do so, and make sure the process stays on track. They explain fundamental real estate terms you might not be familiar with. For example, a significant percentage of buyers don’t know the difference between earnest money and a down payment. Understanding the function of each of these things is crucial for a buyer to understand. There are a myriad of others.

6. How Much Time Do You Have for Your Showings?

Not having a buyer’s agent can mean you end up at a lot of showings or viewings that aren’t right for you. When you contract in a buyer’s agent at the start of the process, they’ll make sure that they schedule everything for you. It’s like having your own personal assistant. Tell them when you’re free, and they’ll do most of the work for you.

7. The Value of Contracts

Never underestimate the value of contracts when it comes to buying a home. Arrangements are not only about money; timelines are established in the purchase contract, as well. A buyer’s agent will make sure you follow through with any necessary responses required under the terms of the contract. This is critical because not doing so could put your escrow funds at risk of loss.

An excellent agent will keep you informed and on track so that you don’t lose any of your escrow funds. There’s also an abundance of smaller details you need to deal with before you sign on the dotted line. Many of them form part of modern-day contract law. Changing regulations are something else a buyer’s agent will help you with.

8. Professional Contacts

Once you’ve bought your first home, you’ll appreciate how many people form part of the buying process. It’s not just you and your bank manager. You’ll also need the help of other professionals, such as a home inspector. What if the home inspector picks up a problem during the inspection, and you need an estimate for work? A buyer’s agent is likely to have the right contacts at their fingertips, and will also be familiar with the process.

9. A Buyer’s Agent: Your Negotiator

Many of us don’t like to negotiate, and we’re not always that good at it. You may like the seller and don’t want to upset them. After all, we’re only human. It’s hard to say “no,” or ask someone you like to drop the price or negotiate a needed repair.

Let’s go back to that home inspection that picked up a slight problem. Ask yourself if you have the skill, and confidence, to renegotiate the price of the property. It takes both to close a deal. Once again, this is something that your buyer’s agent can do for you.

10. Let’s Stay on Schedule

Staying on schedule is an important part of the process of buying a home. You may need to get out of your old house on a specific date, or you may have a starting date for a new job. Trying to pack up your old home and keeping the ball rolling is not easy.

Many buyers don’t realize that a buyer’s agent will keep things going while you focus on moving out of your property or drive across the country to take up that promotion you’re getting.

Final Thoughts

An excellent buyer’s agent will have your back at all times. That is perhaps the best way to look at the relationship. They’re your fiduciary in the strongest sense of the word. Once it’s all over, you’ll be glad that you decided to ask for the help of a buyer’s agent instead of going through the buying process on your own!

Story Provided by by Bill Gassett

3 Year-End Steps For Every Renter

Along with year-end parties, comes New Year goal setting, right? It’s time to look forward and envision where you see yourself this time next year. Is owning a home on your list of goals?

Before you stumble upon that dream home while out looking at holiday lights, take these three simple year-end steps that will jump start your journey to homeownership. You’ll be well on your way to a new home before that New Year’s Eve countdown begins. 

1. Simple budget review

How much are you currently spending each month on rent and other housing related expenses, like utilities? What is that amount annually? Do you anticipate any rent increases?

Take a look at your other expenses too. You want to have a solid understanding of your monthly income and expenses so you know what you can handle for a mortgage payment. This exercise will keep you from jumping into a mortgage payment that stretches you and your family too far.

And, with homeownership comes home maintenance so it’s important to have a cushion for those necessary (and sometimes fun!) projects.

2. Interview lenders

Mortgages are never one size fits all. You want to work with a lender who can listen to your goals and budget to find the best fit for you. Make a plan to talk to at least three lenders before year end. Learn about their low down payment options, fees and the monthly and lifetime cost of your mortgage.

Check out our five essential lender interview questions for a guide on what to ask prospective mortgage lenders.

3. Search for down payment programs

Do you know about homebuyer programs that can help you save on your down payment and closing costs? Down payment programs can give you a major homeownership boost in the form of grants, forgivable loans and tax credits. But, they also require approvals and paperwork so you want to get your options on the table soon.

Investigate what’s available in the area you plan to buy. Use our program finder to answer a few question about your household to narrow down your options. Review your results with your agent and lender.

Good luck and happy holidays!

Story Provided by Down Payment® Resource