We had a local Truckee home lender come to the office meeting this morning. There was the usual, "rates are great", "there's never been a better time to buy", "under-writing is a giant hassle" stuff that has been the norm for what seems like a couple of years now. But, there are also some new loan products, and options for jumbo loans that have been non-existent for a while. The rates are going Continue Reading
Archives for November 2010
Is It Safe to Jump In?
There is a lot of concern and conflicting information out there that surround Truckee short sales and foreclosures. Part of that mis-info comes from the fact that it has been a moving target since the outset. There really has been little rhyme or reason to process or the timing. Each bank does it different, and the shear volume of these transactions that the banks are facing is daunting. One Continue Reading
Sold: $315,000 – 11/4/2010: 10578 Royal Crest Drive
Sold: $315,000 - 11/4/2010: 10578 Royal Crest Drive, Glenshire, Truckee, California Great street, great location - this ranch style home has been partially remodeled with projects still underway. New tankless water heater, new gas woodstove, new pine doors, remodeled hall bath, natural skylights in the hall, some new paint and trim. Landscaped yard out front, large side yard with RV 220v hook Continue Reading
