Glenshire Beauty Priced to Sell Quickly!

It is a short sale price tag, but without the short sale hassle. This well kept home is such a pleasure, you will feel right at home as soon as you walk through the door. Situated on a nice level corner lot close to the Glenshire School makes this home perfect for the family, first time buyer, investor or anybody looking for a great home. 

4 bedrooms, 2 bathrooms, 1 car attached garage       Offered at: $309,000

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Relay For Life 2009 Truckee

Well, we have finished another year of support for the American Cancer Society’s Relay for Life event.  This is Truckee’s 3rd year and JK Real Estate has participated the past two years with its own team.  The Relay is an event that begins at 10:00 am on Saturday and continues 24 hours until 10:00 am on Sunday.  During this time each team must have a representative walker on the track at all times.  This means that we spend the night on the Truckee High School Soccer field.  There is more involved than this, of course.  We are supposed to solicit our friends and colleagues for donations to the American Cancer Society and each team is awarded kudos which are in direct correlation to the amount of dollars we are able to procure.  Denise and Amanda did us proud in this department.

This year we had 4 adult women:  Jennifer, Mary, Denise and Kappy, 4 young (somewhat adult) women:  Ashley, Amanda, Amy and Alisha (all A’s) and 2 young men:  Brandon and Benji on our team and we all stuck it out together.  Boy was it hot out there!!!  Saturday dawned scorching hot and we all worked up a lot  of “perspiration” as we walked and tried to stay in what little shade there was.  The only saving grace was a nice little breeze that pushed the hot air around.  We were so grateful for nightfall, not only for the chance to participate in the luminari program but also for the relief that evening afforded us.  During this 24 hours we honored and remembered all of the people we know who have been afflicted with cancer, both those who survived and those who did not.  Especially remembered are those that are not with us any longer.   Jennifer’s Sister — Ginger, Kappy’s Sister Nancy Jackson, Denise’s Dad.  Others included Billy Seymour and Carolyn Gaston. 

It was fun while it lasted but I sure appreciated my wonderful shower and bathroom when I got home this morning.  — Porta Potty’s just don’t make it — especially in the hot sun.

Thanks so much team for your help.  I understand that the Truckee Relay for Life 2009 raised somewhere in the neighborhood of $53,000.   Way to go Truckee.

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Can’t Wait to get my Tickets to Inman SF

I can’t wait for Inman San Francisco !! Aug 4-7.   I am new to the technology side of Real Estate and can’t wait to put a person to all of these wonderful people that I have been connnected with via Twitter and Facebook.  To be able to learn for free, that’s the best!

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3035 Watson Drive, Tahoe City

This charming mountain chalet is nestled amongst the towering pines with peak views of Lake Tahoe. Centrally located just minutes from Tahoe City, area Ski Resorts, beaches, hiking trails and all that the High Sierra offers for the recreation enthusiast . If a little rest and relaxation is what you have in mind, the front deck offers the ideal setting for soaking up the sun and evening BBQ’s.  On a stormy winter night, cozy up in front of the wood burning stove with a cup of hot chocolate. Do you get the picture? This home offers whatever your heart desires. 3 bedrooms, 2 full bathrooms, master bedroom located on the main living floor and kitchen has a walk-in pantry. Air lock entry, spacious 2 car garage and extra storage shed.

This awesome Tahoe home is offered at the very affordable price of $525,000

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Short Sale Explanation

It occured to me today, after typing the following explanation on an e-mail for about the 6th time, that I should just save it in my documents so I could use it again without having to re-create it every time.  So since I have done that, I would like to share it with anyone out there who is unfamiliar with the term “short sale.”  I have asked some non-real estate related consumers (who are also my friends) what they think a “short sale” is and at least 50% of the time, they come back with the answer:  “it is a really short escrow.”  Well, this answer could not be further from the truth.  Please, if you are interested, read on. . . . .

1)  The owner of the house decides for one reason or another he cannot make the payments on mortgage that is secured by his house;

2)  The owner of the house stops making payments;

3)  The owner of the house and his real estate agent put the house on the market at a price that they are certain will bring some offers and this is published in the mls as a “short sale” which is subject to the lien holder (bank’s) approval.  It is called a “short sale” because the amount of money that the market will bear for the house is not as much as the mortgage indebtedness,  there will be a shortfall;

4)  An offer comes in from a buyer;

5)  The owner of the house agrees to the offer – they really don’t care what they agree too as long as it does not involve them actually paying any money;

6)  The contract goes to the lien holder for their approval.  The lein holder essentially agrees to take over the contract and perform as the seller and buyer agreed;

7)  The lien holder orders a BPO (broker’s price opinion) or an appraisal and sees how close the offer he has in hand is and makes a decision as to whether to accept, counter or reject the buyer’s offer.

8)  Once the bank approves, the escrow goes forward as if it is normal – getting approval takes anywhere from 1-4, 5, 6 months. 

In the meantime, the bank is working on foreclosure proceedings on this house too.  So one never knows whether one will beat the clock and stop the foreclosure proceedings.

Kind of interesting, huh?

Now what can I help you with?

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