Home Buying in Truckee : Questions & Answers

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Sylvia Westl…, Home Seller in Lafayette, CA
Sylvia Westlye answered:
I'm thinking about buying a house in Tahoe Donner for vacation rental. It's a 3 BR / 2.5 BA house. Possible to cover mortgage w/ the rent?
Is the Juniper Ridge area of Truckee a good RE investment?
0 votes Share Flag Thu Jul 23, 2015 Home Buying in Truckee
Michael Dolan, Real Estate Pro in 08854
Michael Dolan answered:
Winter VS Summer? What season is better for buying a condo in the North Lake Tahoe area?
I'm not familiar with the Lake Tahoe area but I can give you an overall answer to your question that isn't area specific.

Here are the factors that affect negotiation:
Simple suppl ... more
0 votes Share Flag Wed Jan 28, 2015 Home Buying in Truckee
SOJ, Home Buyer in Truckee, CA
SOJ asked:
Old Greenwood, Potential Buyer Fractional Ownership Any recent Old Greenwood 3 or 4 bedroom cabin comps for week #52? We may be interested in purchasing this week and are trying to get an idea of recent sale prices for this week.
0 votes Share Flag Wed Jul 9, 2014 Home Buying in Truckee
Chris Hinkel, Real Estate Pro in Truckee, CA
Chris Hinkel asked:
Flood Insurance if only a portion of the property is in the flood plane? If someone purchases a property and a portion of the property is in the flood plane, but the portion of the property that the improvement or home is on is not in the flood plane, how can…
0 votes Share Flag Thu May 29, 2014 Home Buying in Truckee
Laura Hawkya…, Real Estate Pro in Truckee, CA
Laura Hawkyard answered:
Hi, what is the reason this sold so many times?
Hi Sylvia,

This is a shared ownership property, meaning there are six individual deeded interests on this home. There have only been a total of three shares sold since the inception ... more
4 votes Share Flag Thu Feb 13, 2014 Home Buying in Truckee
David Wright, Real Estate Pro in Truckee, CA
David Wright answered:
How often do you come to Lake Tahoe beaches, and which ones?
I do allot of paddling around Lake Tahoe, all shores, both states. One of the most spectacular beaches is Sand Harbor, and some of the little cove beaches in the vicinity yo can get to ... more
0 votes Share Flag Sat Nov 16, 2013 Home Buying in Truckee
Marcelyn Coh…, Real Estate Pro in 96161
Marcelyn Cohune answered:
What is your opinion of Schaffer mill?
Schaffer’s Mill was recognized as the “#1 Best New Private Course in California” by GolfWeek magazine in 2008, and the accolades have continued to come in ever since. ... more
0 votes Share Flag Thu Oct 31, 2013 Home Buying in Truckee
Kane Schaller, Real Estate Pro in Truckee, CA
Kane Schaller answered:
Is Winter a good time to buy in Tahoe ?
Winter is not a better or worse time to buy, but I would make sure that you are looking during the season that you plan to use it most. In other words, if you are primarily a skier, yo ... more
0 votes Share Flag Mon Oct 28, 2013 Home Buying in 96161
Greg Poulsen…, Real Estate Pro in 96161
Greg Poulsen-Tahoe Real Estate answered:
I am looking to buy along 267 near Northstar....What % of expenses can be covered by vacation rental income? thanks. rgds,diane
Hi Diane,

Since you are very close to Northstar you could most likely be able to rent your property fairly easy. Your best bet would be to do a ski lease for the winter months that ... more
0 votes Share Flag Fri Oct 18, 2013 Home Buying in 96161
Barbara Wilk…, Real Estate Pro in 96146
Barbara Wilkinson answered:
how much are the HOA fees for Broadthanksway #38\lot rent?
Hi Gary,

Space rent $555.00/month; flat rate utilities: sewer is $29.42, water is $60.00, trash is quarterly $64.40.
The park is across the street from the public golf course and ea ... more
0 votes Share Flag Tue Oct 8, 2013 Home Buying in Truckee
Karen Bremer, Real Estate Pro in Tahoe City, CA
Karen Bremer answered:
What are your favorite hiking trails in Truckee?
Personal Favorite - Castle Peak! On a clear day from the top you can see from Lassen to the coastal hills. About 9.5 miles round trip, with an elevation gain of almost 2000 feet. How ... more
0 votes Share Flag Tue Sep 10, 2013 Home Buying in Truckee
Chris Hinkel, Real Estate Pro in Truckee, CA
Chris Hinkel answered:
I am considering a home purchase in Truckee, CA how much ernest money is an acceptable amount? I was told by my realtor 1.5%, I would like to pay 1%.
A typical ernest money deposit is 1-3%. If you want to make your offer stronger, go with 3%.
0 votes Share Flag Fri Sep 6, 2013 Home Buying in Truckee
Nicole Reitt…, Real Estate Pro in Truckee, CA
Nicole Reitter answered:
Fractional ownership for home in Truckee, CA
Hello- I represent several 1/8 fractionals in Northstar. To my knowledge, fractional financing is not available-- unless you have a pre-existing relationship with a bank & they' ... more
0 votes Share Flag Sat Aug 10, 2013 Home Buying in Truckee
Olja Mihic -…, Real Estate Pro in Tahoe City, CA
Olja Mihic - (530) 448-6633 answered:
Looking for a 3 bedroom in Truckee for $300,000 or less. Recommended areas for families?
You can search all available properties here:
http://www.charmingcabins.com/search-properties/

There really isn't a bad area for families, it's just going to be what you prefer.

... more
0 votes Share Flag Wed Jul 10, 2013 Home Buying in Truckee
Olja Mihic -…, Real Estate Pro in Tahoe City, CA
Olja Mihic - (530) 448-6633 answered:
Is there mold in this house?
Even though this house sold, always ask that question!
I was a mold victim last year and am still slowly recovering, and I don't recommend it to anyone!

There is a local guy who te ... more
0 votes Share Flag Thu Jun 13, 2013 Home Buying in Truckee
David Westall, Real Estate Pro in Tahoe City, CA
David Westall answered:
Are the condos by the Northstar ski trails good investments?
The Ski Trail Condos are a great value and offer a strong rental appeal which will help you maximize your rate of return. Although these units are older than the Village units their HO ... more
0 votes Share Flag Wed Apr 10, 2013 Home Buying in Truckee
Luca and Ali…, Real Estate Pro in Olympic Valley, CA
Luca and Alisa Adriani answered:
Financing fractional ownership for Tahoe vacation property?
Hi Jason,
Thank you for a great question. This is very common in our area. I have contacted one of our local lenders, O'Dette Mortgage Group, regarding this question to see what the pr ... more
0 votes Share Flag Wed Feb 27, 2013 Home Buying in Truckee
Ricki Manahan, Real Estate Pro in Truckee, CA
Ricki Manahan answered:
Want to buy a place near downtown truckee strip. Need a recommendation for an agent that cn actually return calls in a timely fashion.
i know of a property not on the market for under 300K!
0 votes Share Flag Thu Jan 17, 2013 Home Buying in Truckee
Ann Nguyen, Real Estate Pro in Truckee, CA
Ann Nguyen answered:
Looking for a 2500 sq ft house that gets good sun for full time Truckee residents.
Right now there are a lot of good listings in your price range. You have a lot of choice depending on the neighborhood and the amenities. If you already know the neighborhood that you w ... more
0 votes Share Flag Fri Sep 14, 2012 Home Buying in 96161
Kent, Home Seller in Morgan Hill, CA
Kent answered:
Are there any value priced lots WITHOUT Mello-Roos fees?
Mr. Jog: I believe you might be interested on this lot with a large 7/10 acre lot inside of Town of Truckee that I'm selling now. This one has NO, NO, NO MELLO-ROOS FEEs. Also my la ... more
0 votes Share Flag Sun Aug 19, 2012 Home Buying in Truckee
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