2187 Harvard Ave

 

Bank Owned Property in Tahoe Island Park area. It offers 4 bedrooms, 2 bath, 2286 SF of living space, 7805 SF lot. Property is in good shape, nice and cozy. It will make a great full time residence, vacation home or rental.

 

Should you get a Pre-Approval in South Lake Tahoe?

The short answer is YES!

You should absolutely have a Pre-Approval letter in hand before you start physically going to see homes. Sure, shop online all you want, but don’t get your heart set in a price range that you cannot afford.

What is a Pre-Approval letter?

In Real Estate-ese, a Pre-Approval letter is simply a document that states you have a lender who is committed to loaning you a certain amount of money for a home purchase. A Pre-Approval letter supersedes a Pre-Qualification letter and also is taken more seriously when making offers on hot deals.

 

Why is it important?

It is critical to have this document ahead of time because without it your offer will not be taken seriously. Many banks will not even look at an offer on a home without a Pre-Approval. Another important reason to have a Pre-Approval letter in hand while shopping for a home is that you’ll know how much you can really afford. Why bother looking at homes in the $350,000 range if you can only afford the homes in the $250,000 range? Don’t set yourself up for disappointment. Speak with a lender or mortgage broker and set your price limits before heading out on a property tour. Besides, sellers prefer to deal with buyers who have their finances in order. Makes sense right?

 

How do you get one? They are many ways to go about getting a Pre-Approval letter.

• Visit your bank.

• Go to your credit union.

• Speak with a mortgage broker.

There are more, but these seem to be the most common. The choice is up to you. We suggest speaking with all three and seeing who the best fit is for you. Your chosen lender will be a critical part of the escrow process and should be up for the challenge. Be ready to provide previous years bank statements, W-2 and taxes. Also, be prepared to verify where the funds for the down payment came from.

 

When you have a Pre-Approval you’re putting yourself ahead of the game and giving yourself the best shot possible at getting your offer accepted. With it, you’re ready to make your Lake Tahoe dreams come true.

 

Why you need to use a local South Lake Tahoe Realtor

 

Where do you get your South Lake Tahoe Real Estate information from?

If your answer is anything other than a local South lake Tahoe Realtor, then your information is likely flawed and not area specific.

There’s a reason why people choose to work with an experienced Century 21 At Tahoe Paradise Realtor.  It’s because they know their home-town. They are the smarter, faster agents.

Though the city of South Lake Tahoe is located in California, it does not have the same regulations as, the Bay area, the Sacramento area, the Nevada side or any other town.  Each state, county and city is different.  Furthermore, in South Lake Tahoe we live in an environmentally sensitive area.  This means that many things that would be easy in another county such as adding onto the home, putting down a cement patio or installing a wood burning stove can become very costly or illegal in the Lake Tahoe Basin.  TRPA, Tahoe  RCD, the City and the County are all entities to be dealt with when building or making improvements to your Lake Tahoe home.

Is your agent familiar with snow removal procedures?

BMP requirements?

IPES scores? Or the difference between the city and the county limits?

Using a Lake Tahoe Realtor is the only way to avoid the confusion and to successfully maneuver the local agencies governing the land we call home.

Don’t take your Lake Tahoe Real Estate advice from an out of area agent. Take it from a Realtor who knows their home turf.

If you’re looking for a Realtor with the local knowledge you need for buying a South Lake Tahoe home, then contact one of our many agents.  We’ve been in town and in touch for 33 years and we’re still going strong!

South Lake Tahoe Real Estate-Decemeber 2011 Market Report

The report below covers current inventory of South Lake Tahoe Real Estate including: Residential, Land and Commercial properties from December 1st to 31st. A total of eighty single family homes have sold in South Lake Tahoe with an average sold price of $340,736.

2323 Wasabe Dr

This 3 bedroom 2 bath fully turn key cabin sits on a flat sunny lot, with mountain views. Conveniently located between 3 major ski resorts. Enjoy a snowshoe or x-country ski along the river. This cabin has a open floor plan so you can hangout and talk while in the kitchen and living room

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