12049 Bernese Lane

                                                                                            You will love this nice open floor plan with pine vaulted ceilings and large windows that open to a private forested setting. This 4 bedroom home has room for everyone with a separate family room to give the kids a place to kick back and have some crazy fun while upstairs remains calm and cozy around the featured fireplace. The chef will love working in this kitchen with granite counters and open to the main living area. Three large decks for outdoor entertaining and evening BBQ’s. This is the perfect mountain home located on a quiet street in Tahoe Donner where the endless amenities are sure to please all.    Offered at $725,000

 

 

 

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Short Sale Mahem from Another Aspect

You know, Banks have gotten a really bad rap lately.  Yes, they did do some pretty risky and unconscionable loans over the past 6-7 years but you know I have been dealing with a really nice “negotiator” at the bank of America and yesterday, after 6 months, the short sale that I was working on crashed and burned, and it wasn’t the bank’s fault.  The property in question has been under contract twice in the past 6 months.  The first one involved a loan and for reasons that I don’t want to go into right now (would take too much time).  It did not succeed even though it had bank (the seller’s bank) approval.  The good thing about this failed attempt is that I was able to ascertain just exactly what the bank wanted.  Armed with this piece of information, I was able to find an agent who had a cash buyer and was willing to pay the closing costs that the bank would not accept.  15 day escrow  . . . . . well you guessed it, the buyer decided after 15 days to pull out of the contract.   Bummer for everybody!

After 20 years of working in this industry, you would have thought I would recognize all of the warning signs of something too good to be true.  Well, maybe I did but was just thinking that just this once, things would work out.

When the press reports about the difficulties we are having getting these about to be foreclosed upon homes sold, they don’t mention that the banks aren’t always the ones that stymie the deals.  Yes, they are difficult to work with, unless you follow the rules.  On this particular transaction, I felt that the bank was totally up front about what they would accept and considering that the loan amount was $640K and the sale price that they agreed to was $379K, I am sure you would agree that this constitutes the bank working with the seller, the buyer and the real estate professionals.

Yes, this time it was the consumer who messed up the deal.

Oh well, enough of this feeling sorry for myself — back to the drawing board.  Back on the Market!

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Price Reduction 11070 Brockway Rd., Space 77

Affordable Housing in Truckee just got a lot more affordable!!  Show your clients this tidy 2 bedroom, 2 bath home with warm and wonderful woodstove and they will be ready to move right in.   Located in the back of the park for the optimum of privacy and appointed with the most up to date appliances and upgrades including a pitched roof for easier winter maintenance, sheltered entryway, and 50 year hardiboard siding.  Check Associated Docs in mls for loan application and park rules.  Hurry, the Sellers have already relocated making this move in ready!  NOW PRICED AT $56,000!!

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Affordable & Adorable in Tahoe Donner, Truckee

Here is everything you need and so much more in the way of a great getaway in the amenity rich subdivision of Tahoe Donner in Truckee.  This popular floor plan incorporates 2 bedrooms, 2 baths in the “great room” style and invites easy entertaining and family gatherings.  The living room boasts a real rock FIREPLACE and soaring wooden ceilings, both adding to the ambiance of this mountain home and making it a pleasure to visit.  The residence is set back on the lot affording maximum privacy and the newly installed paver patio backyard provides seclusion and the solitude of a forest setting.  There is an added bonus — a large 2-car garage, lots of off street parking and a dead level lot.  Come and get it before it’s gone!!  Priced modestly at $319,000

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Pristine Wilderness Near Truckee & Donner Lake

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