Lake Tahoe Real Estate- War Bonnet Home
Great Deal -No HOA Fees!
1036 War Bonnet Way gives you more bang for your buying buck! A large 1,755 square foot home located in the Ski Way area near the main highway Tahoe Blvd. and has three bedrooms and two full bathrooms and one large attached garage. Complete with cathedral beamed ceilings, tile floors, sky lights, and a large cozy gas stone fireplace this unit also has a common beach and a common pool. This sunny energy efficient townhome is located in a quiet neighborhood and has no HOA fees. Close to skiing, hiking, mountain bike trails, golf, beaches, and the Hyatt. New roof. This home is perfect for full time home, vacation home, or rental. Priced at $429,000.
North Lake Tahoe- Great Golf Course Buy Tahoe Incline Village, NV
Free Standing Unit- Great Buy!
Located steps from a Championship golf course 916 Harold Drive Unit 3 is a free standing refurbished unit that is low elevation near schools, shopping, restaurants, and downtown. There are three bedrooms and two bathrooms with a two car attached garage as the lower level and 1,536 square feet of living space. Home has custom lighting and a skylight illuminating the home with a comfortable glow. Large master bedroom located on the main living level and some furnishings are included making this a perfect home for investors who would like to rent out for profit. New carpet and cabinets are coming and deck has been expanded. This turnkey home belongs to an association that will maintain the unit while you are away and will do snow removal and landscaping. Priced at 499,900.
North Lake Tahoe- A Little Strip of Paradise
The blogs author enjoying the beach at North Lake Tahoe
In the summer enjoy hiking, biking, and all other summer activities in one of the most beautiful places on earth: Lake Tahoe.
I choose to live in North Lake Tahoe because it’s the best of Tahoe without the busy tourist feel. Incline Village is the pinnacle of that having a quiet relaxed pace and abundant nature as part of the design of the living style and design. Incline Village is located about 25 minutes outside of Carson City, South Lake Tahoe, and Reno and is the perfect getaway location for second home owners and vacation home owners and a little strip of paradise for us full time residents.
North Lake Tahoe is known for one of the bluest lakes surrounded by scenic forest area. Spend a lazy day on the beach (see me above), as an owner of a property in Incline you get access to three private beaches Incline Beach, Burnt Cedar Beach, and Ski Beach where you can launch your boat or water toys for free. Included in your owning property in Incline Village North Lake Tahoe Nevada you have access to the Incline Village Recreation Center which has a gym, heated indoor pool, fitness classes, and a tennis club. Spring and summer are the best time for golfing and owners in Incline Village get reduced green fees at the two local golf courses Championship Golf Course, and Mountain Golf Course which offer free Tee times after 5:00pm to locals.
North Lake Tahoe- Real Estate Market Update
For the first time in two years pending home sales in July reached their highest point. Closed sales continued on an upward path as a result, in June 3.8 million properties were for sale nationally compared with the 4.5 million properties last year. This is another indication that the economy is becoming stronger particularly in regards to real estate. The stock market has been rising, exports have been rising faster than imports and durable goods orders have risen for the third month straight. The National Association of Realtors are forecasting higher home sales and stabilizing prices in the year ahead.
As good as these things sound there are a few things to be concerned with. One is that even with inventories improving, it’s possible that many owners want to put their house on the market but are waiting for conditions to improve; banks could be sitting on the fence as well with foreclosed properties. This could change the numbers next year flooding the market with inventory as the market recovers.
Second, there are economic factors that could hold back the economy recovering such as a large looking term budget deficit. That could make higher mortgage rates which can hurt the real estate market making loans and property less affordable. Also if gas and unemployment continue to rise foreclosures will rise through the remainder of the year.
I feel relatively confident looking at some of these indicators moving into the last quarter of the year with homes sales up and inventories shrinking and prices stabilizing. These are all important conditions for the economy to grow and once that happens more jobs will be created and unemployment will drop.
North Lake Tahoe- The Homestead Exemption: Can It Help You?
Can The Homestead Exemption Help You?
Most states offer some type of “Homestead exemption” that helps home owners protect a portion of their home equity in the event of bankruptcy. If you are a current homeowner looking at bankruptcy or foreclosure and you have some savings, you should consult with an attorney to find out whether the Homestead exemption can work in your favor. It may be possible for you to invest your savings in a house and protect it from creditors.
