The South Tahoe Realty Blog

There’s been lots and lots of activity in the foreclosure market over the last two weeks! Three homes from the last list went into escrow. There are 7 additions to the list so that we now have 22 foreclosures.

Probably the most interesting of these additions is 1731 Chippewa St. It is surrounded by vacant lots – some unbuildable, the rest likely to remain vacant. The home itself is huge and has a good floorplan. At $144 per square foot, it’s a great buy.

There were 6 price reductions amongst foreclosures in the last two weeks. 602 Wintoon Dr. is priced incredibly after a $20,000 price drop. It won’t be on the next foreclosure list. The homes on Janet, San Francisco, and Colusa are getting there too. I love the home at 967 Colusa. It’s a 2003 construction with a pave-stone driveway. Knotty-pine trim is used throughout. The entire upstairs ceiling is knotty-pine. It has work to do but could once again be an amazing home.

As usual, I have more information on properties that will become foreclosures. However, I don’t feel at liberty to publish this information on the internet. If you are interested in those properties or the ones on this list, call me at (530) 545-1831.

* The listing agent chose not to publish his or her listing to internet MLS searches.

* The listing agent chose not to publish his or her listing to internet MLS searches. Contact me by e-mail (drew@southtahoehouses.com) or phone (530-545-1831) for more details.

There are 14 foreclosure properties in South Lake Tahoe today. Four homes are new since I last published it two weeks ago. I’m surprised that only two foreclosures went into escrow since the last list. In that same time frame, 32 homes & condos went into escrow. That’s a lot for South Lake Tahoe, so it’s not like buyers have slowed down at all.

A couple properties stand out on this list. 602 Wintoon Dr. was reduced $30,000 a couple days ago and is an incredible buy. 3549 Morton Dr. was listed yesterday. It’s on 3/4 of an acre and backs to the South Upper Truckee River.

As usual, I have more information on properties that will become foreclosures. However, I don’t feel at liberty to publish this information on the internet. If you are interested in those properties or the ones on this list, call me at (530) 545-1831.