New Bank Owned Listing, South Lake Tahoe Properties

April 28, 2011

Gorgeous newer bank owned home in the N. Upper Truckee area of South Lake Tahoe. 4 beds, 3 baths built in 2004. This 2765 sq. ft. home offers granite counters, hardwood floors, new SS appliances, vaulted ceiling all in a very  quiet mountain neighborhood. to preview this home or any other Lake Tahoe Real Estate listing, contact Chuck Stanley, Century 21 Tahoe Paradise, 530-318-8830 chuckstanley@sbcglobal.net

637 Seneca Dr.

29 Current Bank Owned South Lake Tahoe Properties

April 11, 2011

There has  had a steady amount of bank owned South Lake Tahoe Properties. Currently there are 29 single family South Lake Tahoe Homes and condos available.  You can expect most of them to go fairly quickly, depending on size, location and condition, some will be gone within a week. Remember to have a pre-qualification letter from your lender ready to go as it will be required to submit any offer, bank owned or not.  The market in South Lake Tahoe has been very active and I expect this summer to be a feeding frenzy as the banks dump more inventory on the market and the buyers line-up trying to take advantage of what most experts are calling the bottom of the market. Here’s the current list of REO’s. Contact Chuck Stanley, (530) 318-8830 or email chuckstanley@sbcglobal.net.

Address Street Price #Beds #Baths Living Space DOM
2019 Garmish 575,000 4 2.5 2584 354
1046 Herbert 165,900 3 2 1248 212
2312 Washington 255,000 3 1.75 1302 223
1148 Herbert 139,990 3 1.75 1161 181
1098 Tata 389,900 5 3 2645 159
729 Sand Harbor 489,900 4 3 2961 154
1897 Delta 122,500 3 2 1050 151
1532 Walkup 189,900 3 2 1260 122
2505 Chris 165,000 2 1 864 80
3463 Anne 249,900 3 3 1995 82
3682 Alder 119,900 2 1 572 81
1977 Washoe 184,900 3 1.75 1292 76
690 Sand Harbor 198,000 3 2 1452 69
1254 Margaret 319,900 4 2.5 1960 72
3107 Easy 188,099 3 2 1200 73
1685 Venice 518,100 3 3 1905 66
1247 Tata 189,900 3 2 1100 62
3032 Sacramento 315,000 3 2 1710 46
1444 Matheson 219,900 3 2 1856 59
483 Lido 775,200 3 2.5 2270 53
1439 Ski Run 229,900 2 1.5 1060 24
1482 Black Bart 120,000 2 1.75 1088 24
942 Lodi 184,900 3 2 1200 21
2305 Blitzen 384,500 3 2 2098 20
2616 Henderson 458,900 4 3 2206 8
2674 Pinter 179,900 3 1 1104 13
1128 Lodi 188,700 3 2 1376 14
2567 Pinter 199,500 4 2 1584 12
968 Tanglewood 214,900 3 2 1216 10

2019 Garmish

2305 Blitzen

31 Current Bank Owned South Lake Tahoe Homes

March 3, 2011

The foreclosures have been steady both in selling and listing. Seems like every time I look we have around 30 or so bank owned South Lake Tahoe Properties.  They definately are moving at a fast pace if desireable………good condition, good location and well priced (below $200.00 per sq. ft.). Remember to get pre-qualified for your loan first and bring the pre-approval letter with you as it must be submitted with your offer to purchase. Let’s go looking! Chuck Stanley, Century 21 Tahoe Paradise, 530-318-8830, chuckstanley@sbcglobal.net

Bank Owned Homes & Condos South Lake Tahoe

December 18, 2010

There are currently 34 bank owned homes and condos in South Lake Tahoe. There has been a steady flow of bank owned, South Lake Tahoe Properties throughout the year with around 30 listings on average on the market at any one time. In most cases you must be ready to make offers quickly and be pre-approved by your favorite lender. If the home/condo is in good condition and/0r well priced by the bank at initial listing date multiple offers can be expected within the first week. Make an appointment with me today and let’s spend a day or more looking and learning about the different neighborhoods in South Lake Tahoe or on the Nevada side. Contact Chuck Stanley Century 21 Tahoe Paradise 530-318-8830 www.tahoe-real-estate.net

Address Street Unit Price #Beds #Baths Year Living Space
2019 Garmish 685,000 4 2.5 2010 2584
967 Kiowa 166,250 2 1 2010 912
1805 Arrowhead 194,900 2 1 2010 864
796 Clement 233,000 4 2 2010 1800
1840 Shady 274,900 4 2 2010 1581
1046 Herbert 175,900 3 2 2010 1248
844 Muskwaki 729,200 5 3.5 2010 4475
3682 Alder 149,900 2 1 2010 572
477 Lido 624,900 4 2 2010 2755
3221 Marlette Ci 222,900 2 2 2010 1838
1148 Herbert D 170,000 3 1.75 2010 1161
1769 Shady 259,900 3 2 2010 1443
1154 Margaret 94,900 2 0.75 2010 578
1811 Arrowhead 335,000 3 2.5 2010 1560
1030 Carson 232,750 3 2 2010 1348
3535 Lake Tahoe 427 274,900 1 1 2010 1160
1098 Tata 479,900 5 3 2010 2645
829 Capistrano 189,000 2 1 2010 762
729 Sand Harbor 559,900 4 3 2010 2961
806 San Francisco 304,900 4 2 2010 1680
2692 Elwood 169,000 2 1 2010 912
1897 Delta 154,000 3 2 2010 1050
1105 Charles 219,900 3 2 2010 1215
2695 Elwood 182,900 2 1.25 2010 960
357 Ala Wai 223 267,500 2 1.5 2010 968
2654 Armstrong 145,000 2 1 2010 864
1022 Carson 221,901 3 2 2010 1348
2653 Alma 247,900 3 2 2010 1868
863 Los Angeles 154,500 3 2 2010 1218
2241 Washington 219,000 2 2 2010 1408
3050 Jacarillo 364,900 3 3 2010 1720
2581 Fountain 479,900 3 2.5 2010 3008
1532 Walkup 224,900 3 2 2010 1260
2328 Wagon Train 625,000 5 3.5 2010 3528
2616 Kubel 177,500 3 2 2010 1363
2689 Kubel 141,000 2 1 2010 792
3309 Woodland 285,000 3 2.25 2010 1919
3371 Lake Tahoe 4 1,400,000 4 4 2010 3327
3535 Lake Tahoe 495 324,900 2 1.5 2010 1447

1840 Shady Ln.

806 San Francisco

Bank Owned Home Tahoe Keys

November 5, 2010

Spacious bank owned South Lake Tahoe Properties in  Tahoe Keys.

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Great deal Bank Owned Tahoe Keys

One of the best deals of all available South Lake Tahoe Properties!

This  2755 sq. ft. home sits on a large lot. 4 bedrooms 3 baths, vaulted ceilings, boat dock, cozy backyard.

All for under $300.00 per sq. ft.

Contact Chuck Stanley, chuckstanley@sbcglobal.net or 530-318-8830

Affordable Bank Owned Home South Lake Tahoe

July 25, 2010

Great South Lake Tahoe Home! 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.

Contact Chuck Stanley, chuckstanley@sbcglobal.net or 530-318-8830

New Bank Owned Listing in South Lake Tahoe

July 22, 2010

A great deal-  Amazing South Lake Tahoe Home 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. Contact Chuck Stanley, chuckstanley@sbcglobal.net or 530-318-8830

Banks Beginning Pick up Pace on Foreclosures in South Lake Tahoe

May 15, 2010

I have noticed that Bank of America and Wells Fargo/Wachovia have really started to pick up the pace on listing their forclosure inventory of South Lake Tahoe Homes. Some of the agents I’ve talked to that represent these banks are listing a couple of homes per week. If you are patient and working with an agent that watches the new listings or even better knows the agents that represent some to the bigger banks you should be able to find the perfect well priced bank owned home in South Lake Tahoe this summer. Know what you want and be ready to put in an offer as soon as the right house hits the market. I’ve said over and over again……if a well priced bank owned home in good condition hits the market you have about a week to put in an offer…….and summer hasn’t even come Tahoe yet.

New Listing today:

3 bedroom, 2.5 bath, 2270 sq. ft. of living space built in 1998. Attractive cedar wrapped home in forested neighborhood with mtn. views and close to everything. Priced to move at 479,900. That is just $211.00 per sq. ft. You can’t build for that price! Perfect vacation or permanent home. Contact Chuck Stanley, chuckstanley@sbcglobal.net or 530-318-8830.

Bank Owned Fixer in South Lake Tahoe

May 14, 2010

JUST LISTED! Nice South Lake Tahoe Home 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. Contact Chuck Stanley, chuckstanley@sbcglobal.net or 530-318-8830.

Realty 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 Foreclosures on South Lake Tahoe Homes:

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.

Contact Chuck Stanley, chuckstanley@sbcglobal.net or 530-318-8830.

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