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Tahoe City : Real Estate Advice

  • All64
  • Local Info10
  • Home Buying28
  • Home Selling4
  • Market Conditions2

Activity 27
Sat Apr 13, 2013
Al Colhoun answered:
As a 35 year resident of the Tahoe City area, I would like to see an ice rink constructed at the Golf Course property as it would bring local families and out of town visitors into Tahoe City to enjoy a terrific family activity experience and the small town charm of Tahoe City. ... more
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Thu Apr 4, 2013
Bill Dietz answered:
This is a popular strategy in hot market segments of the Bay Area, but less common in the Tahoe area. Tahoe tends to be a slower paced market with less overall activity, and listings spend longer time on market. Therefore, the strategy of intentionally pricing below market value with the intent to attract multiple offers and push the price upward can backfire in Tahoe. That said, a listing agent's job is produce the most favorable outcome for his/her client - the seller. If the strategy is successful to that end, I have no problem with it. The agent has done his/her job. ... more
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Mon Mar 18, 2013
Lee Roessler answered:
Yes they can. However, it is not a secret conspiracy. Your loan is, for somebody, an investment of their money. In this case it happens to be a loan on your house. Be it Wells Fargo or B of A that originated the loan, it is still an investment that that can be bought or sold. ... more
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Wed Aug 7, 2013
Luca and Alisa Adriani answered:
Our favorite place for our three dogs is Shirley Canyon in Squaw Valley.
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Tue Dec 3, 2013
Tim Moore answered:
They are available but only from the MLS system.

Let me ask a question. If there was an agent in my office that was answering the phone one day and an owner came in and said, "I have a million dollar house I want to list with you". A week later another agent in a different office and company shows it to a buyer that buys it. Do you think that listing agent was the greatest thing since sliced bread or just lucky? What about the agent that actually had the buyer? You only see the listing sign and the sold sign on it, but the other agent sold it not the listing agent. Which is the top agent? ... more
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Wed Jan 9, 2013
Dave Westall answered:
The long term rental market has an under supply of inventory and it would be very easy to find tenants in that market if your rental was priced within reason. While there is a lack of inventory in the long term rental markets their is quite a bit of inventory in the short term/vacation rental market which brings a level of competitiveness to the short term rental markets. Depending on what your overall goals are for your property would determine what kind of rental would suite you best. If you plan on trying to use your property once in a while then you should consider renting a property on the short term. I would be happy to discuss the intricacies of the differing types of rentals so please feel free to contact me to go over your options.

Best regards, Dave

Dave Westall, Realtor
Tahoe Riverfront Realty, Inc.
P: 530-448-9882
David@WestallRealEstate.com
DRE# 01796995
... more
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Sun Nov 4, 2012
Mike Lindborg answered:
Let me know if you are looking for a condo to rent in Big Bear, Ca. mike.lindborg@gmail.com
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Tue Nov 19, 2013
Teresa Wu answered:
Hi Cristobal,

I would recommend working with a Tahoe agent, here is a great list to get you started http://www.trulia.com/voices/directory/Tahoe_City-agent--36247

Have a great season!

T
... more
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Thu Apr 2, 2015
Aaron Wilson answered:
I think the only con would be not being able to use your own property whenever you want, but with some planning it is possible to maximize personal use and make money during peek seasons. ... more
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Mon Jul 8, 2013
Craig Cooper answered:
Allen, supply and demand is not in balance at this time on the North or West Shore. The market is in short supply for high quality inventory at several price levels. We have 15 homes over 750 to 1000 days on the market, 50 more at 300 DOM, 30 more at 180 DOM, all of which have either been looked over or are priced too high to receive an offer that would move them to close. This winter was not well attended by home buyers since the snow fall didn't bring up a lot of winter visitors.

The last 90 days have produced 105 new listings but we haven't had a large number of buyers looking. With that said, the quality homes are experiencing mulitple offers settling over asking. That is a function of relatively low supply of quality listings at many price levels. This is actually kicking prices up even though we have a significant number of listings overall. The last several years have started with a good spring but a significant let down because of economic news through the summer. It will be interesting to see if this summer finishes with a solid up tick.
... more
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Mon Mar 5, 2012
John Arendsen answered:
Wed Dec 14, 2011
Alex Min answered:
Hello,
That property sold in October of this year for $250,000. It was a vacant land purchase that was with held from the MLS. Are you looking for vacant land in the area? I can send you a list of similar properties, just let me know what it is you are looking for (area, price, etc...). Thanks and I hope to hear from you soon. ... more
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Thu Jun 11, 2015
David Gemme answered:
Not sure there is any point to a longer escrow period once inspections have been completed and loan is ready to fund. If no loan, then escrow can close once buyer is satisfied, assuming seller in position to release property. Once everyone has agreed on the contract, why wait? ... more
0 votes 6 answers Share Flag
Mon Jan 11, 2010
David Gemme answered:
HI Tom: I don't think anyone has the perfect answer for you...the one you want to hear. No one expects the market to rebound dramatically in the near future. If you are enjoying your condo, continue to do so. If renting it will help the bottom line, look into vacation rentals. The value of everyone's property has dropped from what it was two years ago. Our best hope if for prices to stabilize and start reflecting an increase in the coming year. ... more
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Tue May 8, 2012
Grace Hanamoto answered:
Hello Tom and thank for your post.

Surprisingly, there are many towns in California and Nevada that have never incorporated. When a municipality is NOT incorporated, at least here in California, it is called a "town" and when incorporated it becomes a "city."

The difference between an incorporated city and a nonincorporated town has more to do with property taxes and municipal services than with the value of the homes, and that is because incorporated cities are permitted to keep larger portions of property tax and sales tax funds to cover the expense of running the municipal services of the city. On the other hand, towns are paid less from the tax income because they actually pay less to run the town. In many cases, towns share and pay for municipal services to be provided by the Country rather than to hire and establish these same services themselves. For example, in a town, the County Sheriff's department will often provide police services and the County's fire service will be rented to help maintain fire safety in a town. When a town becomes large enough and it is no longer practical to rely on the local County government to provide fire, police, emergency, violation enforcement, tree trimming, road repairs, legal and accounting services, then the local residents will often vote to incorporate the town.

Hope this helps! If not, feel free to email with any other question!

Sincerely,
Grace Morioka, SRES, e-Pro
Area Pro Realty
... more
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Wed Aug 7, 2013
A answered:
Hello Tom,
Tahoe is all about recreation and jet skis are a part of the fun for those that use them. Jet skis are allowed on the lake and you are correct, its the older 2 stroke engines that are banned. This also applies to boat engines. Check out the link below to see which models are approved for use.

It it also important to be aware of the issue of invasive species and protecting the lake from the asian clam and the quagga mussel. Inspections are required of all motorized craft entering the lake to protect the lake and the multi million dollar recreational economy of the Lake Tahoe.

From the TRPA website:
Today, Lake Tahoe and other western lakes face a new threat from the quagga mussel and the Tahoe Regional Planning Agency (TRPA) and its partner agencies are taking action. Quagga mussels (Dreissena bugensis) are a small freshwater shellfish with a triangular, rounded shell. A close relative of the zebra mussel (Dreissena polymorpha), they can attach themselves to boats and boat trailers and travel for days out of the water. Once introduced to a new body of water with the right conditions, they can reproduce with astonishing efficiency. TRPA has partnered with other agencies to take action before mussels and other species can invade Lake Tahoe.

Best regards,
Al Colhoun
Broker- Associate
Prudential California Realty
Prudential Nevada Realty
www.alcolhoun.com
al@alcolhoun.com
... more
0 votes 3 answers Share Flag
Mon May 28, 2012
Patrick Thies answered:
Steve,

When an agent represents a seller they should be working for the seller and have their best interests in mind. Same thing goes for an agent when they represent the buyer again they should have the buyers best interest in mind. When an agent represents both, this is called dual agency. and is compensated on both sides. In dual agency, the agent is really only supposed to relay the information between the parties. They are not suppose to suggest or advise things like price or what to offer etc. What they can say is limited. You are better to have your own representation working in your best interest. ... more
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Tue May 8, 2012
Tammy Davis answered:
Hi Steve,
It is all a bit confusing isn't it?
The agent offering the house for sale is called the "Listing agent"
The agent representing the buyer on the sale is called the "Selling Agent"
Typically when a commission is offered it is split 50/50 between the listing and selling agents..but there can be circumstances which is stated in the listing where there is more commission going to one side opposed to the other. And there can be times when there are selling incentives...such as a seller offering the seller agent x amount of dollars for a quick close. Again...all spelled out the in the MLS (which is only viewed by agents)
Hope that helps ~~
... more
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Wed Aug 19, 2009
David Gemme answered:
Winters don't seem to be typical any longer. When I first moved here in 1966, we had huge winters....10 - 12' of snow not unusual. We haven't seen those kinds of depths in many years. When you live here, you have the right equipment, clothes, etc. but we do have snow in winter! ... more
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Wed Aug 7, 2013
David Gemme answered:
I am not aware of curfew for boats. I believe there is a decible limit. this is a lake and it's used for boats, so boating activity is to be expected.
0 votes 7 answers Share Flag
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