Let me paint you a little picture. Let’s say somebody comes to you and says, “Hey how would you like a nice 6% investment on your money?” But next year your money is only worth 75 cents on the dollar, meaning the value of the asset that your investment was tied to has gone down in value and or the very qualified borrower of the money has lost his job and cannot sell his home for enough to pay off the mortgage (short sale). Bad things are happening to good people right now and it cannot ... Read Full Post
1350 Whisper Rock Way $995,000 Beautiful, professionally decorated, custom home in Somersett featured on the Designer Showcase Tour. Fully landscaped .67 acre lot which includes water feature and outstanding mountain and golf course views from the front and back of this home. Gourmet kitchen with Dacor stainless range, sub zero fridge and separate sub zero freezer, travertine and granite, custom cherry wood cabinets. 4" oak plank hardwood floors, brushed nickel hardware and large entertainmen... Read Full Post
Ok folks, here it is. Right now in the greater Reno Sparks and outlying areas there are currently 2817 homes on the market. Of those 18%, or 505, are foreclosures and 33%, or 923, are short sales. Short sales are where the sellers are trying to sell their homes for less than they owe and the bank has to agree to this, which in about 80% of the time, they cannot come to an agreement and the bank ends up foreclosing on the seller anyway (stay away from these whenever possible). So far this year... Read Full Post
Golden Gate Golf announced last Wednesday that they entered into a contract to buy the 2 struggling golf courses from Arrowcreek Golf Holdings. They held a town hall type meeting last Thursday and will be holding another tonight (October 6, 2008) at 6 pm to discuss ideas of how to make the public course more accessible. Golden Gate Golf is owned and operated by Charlie Leder and Bob Bowker. Leder is a professional golfer and has been a past president of the PGA. Bowker operates Pajaro Valley ... Read Full Post
Fantastic Silver Star home overlooking the 8th hole on the Somersett championship golf course. The views of the mountains and golf course are unsurpassed. There is 2100 sq. ft. with the master on the main level, 2 bedrooms and an office loft upstairs. The kitchen has upgrades including slab granite, beautiful cabinetry and a large center island. This home has never been lived in! It is the developers close out! $389,000. It is fully landscaped with a large paver patio overlooking the golf cou... Read Full Post
There is a Toll Brothers home that was built 3 years ago that is literally falling apart. There are doors that will not open, cracks throughout, and a leaky ceiling. There was a report done by Black Hawk Engineering that concluded the home was built on inadeqautely compacted soil. The owner has had to move out and the court has given Toll Bros. two deadlines to correct the problem but nothing has been done. When I first heard this story my gut feeling was to be pissed at the big corporate dev... Read Full Post
Ever know someone with 2 or 3 different email addresses? Granted, sometimes you have to have a different business and a personal email address. But if you are in business and you change your email address, it is the kiss of death. I just had a friend of mine who has worked for ReMax for 20 years send me a change of email address because he switched providers. What are you thinking? Don’t make your customers have to try and find you. Make it easy for them, keep it the same. You can always fo... Read Full Post
Last night I was interviewed by KRNV Channel 4 about the growing number of foreclosures and the damage that is being done to them by the sellers, as their homes are being taken back by the banks. Shelby Sheehan asked me about these eyesores that sit for months with dead grass and sometimes people will even move into these homes and camp out until the bank gets control of these homes. Shelby also asked me when their is damage done by a seller, or others, to these homes. "Do the banks try and f... Read Full Post
This weekend on Sunday from 1-4 there will be approx. 40 open houses throughout the Somersett master planned community in the western foothills of Reno. A lot of the homes will be featured on the Dickson Realty Real Estate today show that will also air 12 times this weekend. The listing agents in Somersett have organized to have almost half of every home on the market in Somerett open this weekend. There will be maps available at the town center of all the open houses or you can go to www.som... Read Full Post
This home is located in Manazanita Estates and is truly beautiful inside and out. The finishes include Travertine marble throughout, slab granite, Thermador and Kitchen Aide appliances, wood garage doors, stucco and rock exterior and an in-law quarters with its own kitchen and seperate entry. The kitchen is a gourmets delight with a large center island with sink. There is a 4 car garage, an excercise/ baby room off the master suite, his and hers walk ins, Jack and Jill bedrooms, Juliette balc... Read Full Post
© Copyright Real Estate Webmasters 2004-2010, All Rights Reserved. Terms of Service