Affordable Bank Owned Home South Lake Tahoe

July 25, 2010

3 bedroom, 3 bedroom 2114 sq. ft. home in a great area of South Lake Tahoe. This would make a great primary home or vacation home. Listed at just $399,000….that is just $188.74 per sq. ft.

New Bank Owned Listing in South Lake Tahoe

July 22, 2010

2320 sq. ft. located in south lake tahoe with large 2 car garage. Built in 1984 this 2 bed plus large loft, 2 bath home offers mtn. views and quiet tahoe living. Minor repair work required. Sprinkler system installed. Priced at just $329,000 and room for all…..that is just $142.20 per sq. ft.

Bank Owned Fixer in South Lake Tahoe

May 14, 2010

JUST LISTED! Nice location in South Lake Tahoe close to skiing, casinos, golf….everything! 4 bedrooms, 2.5 baths built in 1983. Needs work but worth the price for this 2008 sq. ft. home…..that is just $159.00 per sq. ft. Act fast this won’t last. to preview contact chuck stanley 530-318-8830 chuckfortahoe@sbcglobal.net

Reatly Trac Top Forclosure Rates for April 2010

May 13, 2010

Top 10 States with highest foreclosure rates: (No new surprises)

1) Nevada-1 in 69 units

2) Arizona-1 in 169 units

3) Florida- 1 in 182 units

4) California- 1 in 192 units

5) Utah- 1 in 221 units

6) Idaho- 1 in 226 units

7) Michigan- 1 in 237 units

8) Illinois- 1 in 280 units

9) Georgia- 1 in 288 units

10) Colorado- 1 in 337 units

Top 10 metro areas:

1) Las Vegas- 1 in 60 units (still #1)

2) Modesto, CA- 1 in 101 units

3) Merced, CA- 1 in 104 units

4) Cape Coral/fort Myers FL- 1 in 105 units

5) Stockton, CA- 1 in 108 units

6) Riverside/San Bernardino/Ontario-CA- 1 in 110 units

7) Reno/Sparks, NV- 1 in 112 units (close to home)

8) Vallejo/Fairfield, CA- 1 in 117 units

9) Bakersfield, CA- 1 in 120 units

10) Phoenix, AZ- 1 in 136 units

Current Foreclsures in South Lake Tahoe:

Adress Street List Pirce Beds Baths Sq. Ft. DOM
1858 Venice 475,500 5 3 2456 177
1788 Pioneer 729,000 3 3.5 3063 136
1030 Chonokis 499,000 3 2.5 2258 122
2560 Pinter 179,900 3 2 1274 89
2067 10th 349,000 3 1.75 1981 73
1992 Marconi 875,000 3 2.5 2663 52
1576 Miztec 275,500 3 2 1312 48
3598 Terry 157,500 2 1 896 44
2452 Ponderosa 329,900 3 2.5 2316 36
2600 Kubel 149,900 2 1 852 35
2019 Garmish 775,000 4 2.5 2584 24
439 Ala Wai 264,900 1 1 702 21
3606 Birch 159,900 3 2 1162 18
686 Michael 389,900 3 2 1570 13
1779 Venice 569,000 4 2.5 2230 10
2580 Fountain 164,500 2 1 832 13
1903 Talbot 489,600 3 2.5 2464 3
1409 Bonanza 129,000 2 1 815 2

South Lake Tahoe has maintained a pretty consistent average of Bank Owned homes on the market at approximately 18-22 at any one time. Seems like as soon as one goes pending another gets listed. A steady stream of Trustee Notices are listed in the Tahoe Daily Tribune www.Tahoedailytribune.com this gives you a heads up on what might be coming on the market before it actually gets listed. I evaluate many homes for the banks providing price opinions weekly so I have a good idea of upcoming available homes that are in default.

Written by Chuck Stanley

Current Bank Owned Homes South Lake Tahoe 4/28/10

April 28, 2010

18 Current bank owned homes available in South Lake Tahoe. For additional pictures and information contact chuckfortahoe@sbcglobal.net 530-318-8830

Address Street City List Price Beds Baths Sq. Ft. DOM
1858 Venice South Lake Tahoe 499,900 5 3 2456 162
1788 Pioneer South Lake Tahoe 729,000 3 3.5 3063 121
1030 Chonokis South Lake Tahoe 499,000 3 2.5 2258 107
2560 Pinter South Lake Tahoe 179,900 3 2 1274 74
2336 Sky Meadows South Lake Tahoe 179,000 3 1.75 1280 72
2067 10th South Lake Tahoe 349,000 3 1.75 1981 58
2495 Fountain South Lake Tahoe 229,900 3 1.5 1497 49
1766 Southern Pines South Lake Tahoe 230,000 3 1 1144 49
2575 Elwood South Lake Tahoe 196,500 2 1.75 1234 42
1992 Marconi South Lake Tahoe 875,000 3 2.5 2663 37
1576 Miztec South Lake Tahoe 289,900 3 2 1312 33
2452 Ponderosa South Lake Tahoe 379,900 3 2.5 2316 21
1040 Fairway South Lake Tahoe 164,900 2 1 1064 21
2600 Kubel South Lake Tahoe 149,900 2 1 852 20
2019 Garmish South Lake Tahoe 775,000 4 2.5 2584 9
2828 Santa Claus South Lake Tahoe 316,200 3 2.5 2723 8
2612 Osborne South Lake Tahoe 479,000 4 2.5 2284 6
3606 Birch South Lake Tahoe 159,900 3 2 1162 3

 

 

 

 

 

1576 Miztec                                                                                    2828 Santa Claus

Although the number of bank owned homes in South Lake Tahoe has increased over the past year so has the competition to purchase. A steady flow of bank owned homes is expected to hit the market through the summer of but you must first put yourself in position to purchase which will increase your odds when you find your perfect Tahoe dream vacation home. A well priced bank owned home in good/fair condition with a good or above average setting will only stay on the market for about 5 days or less. This is because of the simple fact that most all real estate agents in Lake Tahoe are working with prospective buyers looking for bank owned homes and short sales.  Follow these steps to increase your odds.

1) You must first get pre-approved with a lender (pre-approval letters must accompany any offer to purchase). For a list of local lenders email chuckfortahoe@sbcglobal.net

2) Know what you want!  Size, area, condition, setting etc. I recommend spending a day with an your real estate agent looking at homes in the different neighborhoods of South Lake Tahoe. This will give you a feel for the areas you like and don’t like.

3) Pick an agent that is familiar with the bank owned home purchase process. This will give you a better idea what to expect from the banks during escrow.

4) Be ready to put in an offer fast when the right home comes on the market…..even sight unseen if you have done your home work ahead of time……..you will still have time to preview home before you have to remove contingencies.

Best time in years to purchase Tahoe Real Estate……I often tell me clients “the kids will forget what they got for Christmas and Birthdays but they will never forget their vacations in Tahoe”

Chuck Stanley

Century 21 Tahoe Paradise

Bank Owned Homes, Condos and Cabins South Lake 3/11/10

March 12, 2010

For pictures or additional information contact chuckfortahoe@sbcglobal.net 530-318-8830

Address Street # City List Price Beds Baths Year Sq. Ft. Lot Sq. Ft.
3025 Christmas Valley # South Lake Tahoe 169,900 2 1.5 2009 960 478
1040 Fairway South Lake Tahoe 183,500 3 1 2009 1064 8539
1858 Venice South Lake Tahoe 524,900 5 3 2009 2456 6619
941 San Jose South Lake Tahoe 309,900 4 2 2009 2230 5000
1545 Tionontati South Lake Tahoe 199,000 4 2 2009 1728 8000
1200 Wildwood 4 South Lake Tahoe 179,000 2 1.5 2009 936 463
526 Cochise South Lake Tahoe 259,000 2 1 2009 816 10230
1913 D South Lake Tahoe 169,900 3 2 2009 2198 6050
1788 Pioneer South Lake Tahoe 729,000 3 3.5 2009 3063 11761
1589 Black Bart South Lake Tahoe 229,900 2 1.5 2009 1943 9447
1353 Meadow Crest South Lake Tahoe 159,900 5 2 2010 1860 7483
2579 Elwood South Lake Tahoe 169,900 2 1.75 2010 826 5014
1030 Chonokis South Lake Tahoe 499,000 3 2.5 2010 2258 5250
3377 Marlette South Lake Tahoe 259,900 3 2.25 2010 1387 5284
3814 Steven South Lake Tahoe 204,900 3 1 2010 1008 5012
2560 Pinter South Lake Tahoe 209,900 3 2 2010 1274 6000
2336 Sky Meadows South Lake Tahoe 209,000 3 1.75 2010 1280 1003
2067 10th South Lake Tahoe 349,000 3 1.75 2010 1981 7620
757 Panther South Lake Tahoe 288,660 4 2 2010 2082 6605
1369 Knoll South Lake Tahoe 479,000 3 3 2010 2468 14292
2495 Fountain South Lake Tahoe 264,900 3 1.5 2010 1497 4514
1766 Southern Pines South Lake Tahoe 230,000 3 1 2010 1144 8667

Private Setting for This South Lake Tahoe Bank Owned Home

March 11, 2010

Great location for this South Lake Tahoe bank owned 3 bed, 1 bath home. 1144 sq. ft. of living space and in good condition. Built in 1977 and listed for just $230,000. Make an offer today! Close to everything Lake Tahoe has to offer. Golf, ski, biking, hiking, kayaking and most of all relaxing!

Bank Owned Home in Meeks Bay

March 6, 2010

3 bedrooms, 3.5 baths with filtered lake views and 2704 sq. ft. of living space built in 1982! Listed at just $729,000. Remodeled kitchen! email me for additional pictures.

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