We are adding features to make seaching for Lake Tahoe homes Easy!
It’s the new year and Century 21 At Tahoe Paradise is making some improvements to our website making it easier for you to search listings from your mobile phone while you are on the go!
We are adding featuers to make seaching for Lake Tahoe homes Easy!
Coming in the next few weeks we will be adding a mobile friendly version of our site that will make finding the latest information of Lake Tahoe real estate listings a breeze.
When you go to the Century 21 At Tahoe Paradise page our site will instantly recognize that you are using a smart phone and will automatically direct you to an interface which will allow you easily search all Lake Tahoe listings. This is just one feature we are working on to help make finding the information you need as painless as possible. Don’t forget to check out our market reports for current statistical data on sold Lake Tahoe homes for the 2011 year.
Century 21 Market Update Decemeber 2011
Old Man Winter is fianlly Awake!
Our mountains are finally turning white!
Although it appears that Old Man Winter slept through the first part of his winter shift in South Lake Tahoe, it seems that he finally might be waking up and getting busy releasing the storms. Or maybe it was the millions of snow dances and snow prayers that did it, but either way some much needed and welcomed weather in finally moving in. The first of three storms struck in South Lake Tahoe yesterday January 19th leaving the Ski Resorts and snow enthusiast asking for more. The second storm that is rolling in is supposed to be the real deal bringing the white fluffy stuff by the feet at lake level.
Even though the weather has been bizarre for the beginning of winter it did give everyone a chance to get out and tackle that hike they had been putting off all summer. It also gave hikers the opportunity to walk and ice skate on many of frozen lakes that are normally inaccessible without snowshoes or cross county skis.
Hikers and Ice skaters were enjoying frozen Eagle Lake last weekend.
We don’t like to complain about the weather in South Lake Tahoe because you know how the local saying goes…”If you don’t like the weather, then wait 10 minutes”. Well, it looks like those 10 minutes are up and snow is finally in the forecast.
Just in case you’re thinking of making a spur of the moment trip to South Lake Tahoe here are links to the local ski resorts to see the conditions for yourself. Stay safe and enjoy the snowy weekend!
Heavenly Kirkwood Siera-At-Tahoe Squaw
Century 21Market Update November 2011
Tips to getting a Loan in South Lake Tahoe
Interest rates are staying a historic lows according to Freddie Mac and they predict that rates will stay hovering near 4% into next year! Although rates are at rock bottom percentages, there are still thousands of credit worthy people being denied a loan for silly reasons.
Interest Rates a predicted to stay low into 2012
It can be tricky out there in the loan world so here are a few quick tips to get you thinking if you’re considering taking a loan for a new home in South Lake Tahoe.
- For some people trying to get a loan, having investments can count against you even if your stocks are preforming well. An underwriter could deny an application because it does not fit into their risk assessment model. We’ve heard stories of couples being turned down because one of the pair had been at their job less than a year…even though they were making substantially more money than at their previously held position. Luckily they were able to qualify under the others income, but the added stress and delay in closing almost killed the deal.
- It is absolutely more difficult to qualify for a loan than it was a few years ago. With a conventional loan, a lender will want to see a 20-25% down payments in cash plus extra for closing cost and incidentals… and to qualify for the best rates a borrower needs to have a credit score above 700. Have your financial ducks in a row before you apply for a loan.
- Being self employed can also make it difficult to get through underwriting as W-2 income is much easier to verify than self-employed income. You could also hit an underwriting snag if you have had a lapse in employment or own multiple propertys.
Being Self-Employed can be a red flag during Underwriting
- If you need to sell your current home before buying your next home you’ll also need to have 30% equity in your home that will need to be verified by a lenders appraisal.
These are just a few of the many things to begin thinking about when you want to buy or sell you home in South Lake Tahoe. It can be a difficult process but that’s why we’ve been in town and in touch for over 32 years at Century 21 At Tahoe Paradise.
