6 Tax Facts Home Sellers Should Know

From the California Association of Realtors 1. If you've owned and lived in your home for two of the five years prior to selling it, you can generally exclude up to $250,000 of the gain from your income ($500,000 on a joint return, in most cases). 2. You are not eligible for this exclusion if you sold another principal residence within the past two years and excluded the allowable gain from you income. 3. If you can exclude ALL of the gain from the sale of your primary residence, you don't... Read more »

285 Eastview Dr., Tahoe City, California

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Property Description This bank-owned property will be listed for sale within the next few weeks. Enjoy all that Tahoe has to offer with this mountain home that’s close to Lake Tahoe and Paige Meadows! The kitchen and bathroom have been tastefully remodeled in mountain style. The home features a river rock fireplace, knotty-pine wainscoting, a spacious upstairs deck, and an additional game room. This value presents an excellent opportunity... Read more »

754 Boulder Ct. #5E, Stateline, Nevada

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Property Description REMODELED HEAVENLY TAHOE CONDO! This beautiful turn-key condo is less than a mile from Heavenly ski lifts and less than 5 miles from the lake and casinos. Expansive Heavenly slopes are easily viewed from the living and dining rooms. Everything is extensively remodeled including kitchen, bathrooms, windows, flooring, and more. The HOA provides a pool and hot tub just steps from the condo. 45 channel cable is included... Read more »

236 Peach Ct., Gardnerville, Nevada

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Property Description This is a beautiful home at the base of the mountains! Ten-foot ceilings and an open floor plan create a spacious feel throughout the home. The master bedroom is large, featuring coffered ceilings and a fireplace shared with the master bathroom. Outside the home is a heated detached game/recreation room. Over an acre of land on a street ending in a cul-de-sac offers enjoyable quiet and privacy. Asking Price:... Read more »

South Lake Tahoe Foreclosures – August 9, 2012

The following are bank-owned properties in South Lake Tahoe, California, and nearby areas. Property details and pictures can be accessed by clicking on property addresses. If you’re interested in receiving Tahoe bank-owned property lists by e-mail, please let me know at drew@southtahoehouses.com. If you are interested in property on this list or any property in Lake Tahoe, e-mail me or call me at (530) 545-1831. Property Address - Price - Beds/Baths/Garage Spaces 1354 Thunderbird... Read more »

Lake Tahoe Nevada Foreclosures – August 9, 2012

The following are bank-owned properties on the Lake Tahoe, Nevada, south and east shores. Properties are located in the cities of Stateline, Zephyr Cove, and Glenbrook. Property details and pictures can be accessed by clicking on property addresses. If you’re interested in receiving Tahoe bank-owned property lists by e-mail, please let me know at drew@southtahoehouses.com. If you are interested in property on this list or any property in Lake Tahoe, e-mail me or call me at (530)... Read more »

Top Ten Legal Mistakes Home Sellers Make

From the California Association of Realtors 1. Accepting the buyer with the highest offer without regard to the other contractual terms. 2. Not properly handling multiple offer situations with multiple buyers. 3. Not properly handling back-up offers. 4. Entering into an agreement with no earnest money deposit from the buyer, or a very small amount. 5. Entering into an agreement before verifying the buyer's financial ability to close esrow. 6. Not disclosing known material fact affecting the... Read more »

The South Lake Tahoe Market Turnaround

I haven’t said it until now, but … it appears the bottom of the market is behind us. I say that with some apprehension because I have no crystal ball. However, there’s just too much evidence suggesting a market turnaround in South Lake Tahoe. Here are some quick snippets. There are currently 157 homes in escrow. Twelve months ago there were 84. Demand has clearly increased. There are currently 210 homes actively listed for... Read more »

South Lake Tahoe Foreclosures – February 28, 2012

The following are bank-owned properties in South Lake Tahoe, California, and nearby areas. Property details and pictures can be accessed by clicking on property addresses. If you’re interested in receiving Tahoe bank-owned property lists by e-mail, please let me know at drew@southtahoehouses.com. If you are interested in property on this list or any property in Lake Tahoe, e-mail me or call me at (530) 545-1831. Property Address - Price - Beds/Baths/Garage Spaces 750 Angora... Read more »

Lake Tahoe Nevada Foreclosures – February 28, 2012

The following are bank-owned properties on the Lake Tahoe, Nevada, south and east shores. Properties are located in the cities of Stateline, Zephyr Cove, and Glenbrook. Property details and pictures can be accessed by clicking on property addresses. If you’re interested in receiving Tahoe bank-owned property lists by e-mail, please let me know at drew@southtahoehouses.com. If you are interested in property on this list or any property in Lake Tahoe, e-mail me or call me at (530)... Read more »