You're likely approaching moving day with equal parts excitement and dread.
The excitement: a new home, a new life – a fresh start!
The dread: moving. However, you can't go from "Old, Boring Life" to "New, Exciting Life" without passing through "Moving Day." Thankfully, the day itself needn't be an ordeal, if you keep in mind four things you absolutely should not forget to do.
Don't forget to make sure everything is loaded on the van.
It's not unheard of for moving companies to neglect to load some items, so before they leave, make sure you go through the house to ensure everything's on the moving van. And don't overlook those places where things like to hide, particularly your closets and cabinets. We're aware of one recent mover who missed a closet full of Christmas decorations – and had to spend $250 to ship them to her new place.
Don't forget to have a plan for your kids or pets.
A house that's being packed up is no place for a kid or a pet. They tend to get underfoot, which can pose dangers to both the movers and your kid/pet. Your best bet is to have someone watch them – have the kids stay with relatives, and get a kennel for your pet. If you don't have that luxury, have them in a separate room with the door locked and with plenty of toys and/or a TV to occupy them. Pack that room last when loading the truck; when unloading the truck, unpack that room first so they're occupied while the rest of your house is unpacked.
Don't forget to pack.
OK, you might not forget to pack, but you might not give yourself enough time to get it done by the time moving day rolls around. Here's why that's such a bad thing. First, if you leave packing until the last second, you might have to pull an all-nighter to get it all done. Those might have been fun in college, but they're no fun when you know there's going to be a bunch of big burly guys showing up at 9 a.m. looking to move packed boxes. And being tired while packing is not a good idea, particularly if you'd like your items to show up in one piece at your new place. Even if a Herculean effort to get everything done doesn't do the trick, the moving company will help you – but they'll charge you for their labor and the moving supplies. These prices are pre-set by their tariff, and they're not cheap. So be honest with yourself when packing: Can you get it all done yourself? And if you can, can you set aside enough time so it's not done hastily at the last second?
Don't forget to check your moving paperwork thoroughly.
On moving day, you'll get two very important pieces of paper. The inventory is a listing of the items that will be moved, as well as their condition, and usually the driver compiles it. Make sure you agree with the assessment of your belongings. That's important in case you need to file a claim for damages; if it was listed in damaged condition before the move, you might not be able to claim much. (You can also use the inventory to check off that you received everything that was loaded onto the moving van.) The bill of lading is essentially the contract for your move. It should match the estimates that you received when you got the quote for your move. The time to contest any charges is before you sign the bill of lading, so make sure you do so.
Moving can be one of life's most stressful experiences, but it shouldn't prevent you from looking forward to your new home and all the excitement that comes with it. Keep these four tips in mind as you plan for the "Big Day," and you'll be heading off to your new place with a strong start.
Published in Realty Times
Written by Tim Johnson
Thinking about Buying or Selling?
Call Alvin's Team Today! 877-651-7810
Or visit our website: www.LivingLakeTahoe.com
Friday, October 30, 2009
Wednesday, October 28, 2009
Fall At North Lake Tahoe
Fall at Lake Tahoe, often called the “Jewel of the Sierra” due to its unique emerald-blue color, is a great time to visit. The leaves are turning, there is a crisp to the air and the summer tourists have all gone away. There is still much to do after summer is gone, but before the snow flies - hiking, fishing, horseback riding, biking, tennis and great entertainment nearby.
Here are just a few highlights to mention:
Hike or Bike to Marlette Lake in October when the Aspen leaves are reaching their full golden and red colors. The hike begins at Spooner Lake, near Incline Village, and is 9.5 miles so be sure to pack a lunch!
October 29th - Trail of Treats and Terror - Free community wide safe family Halloween event. Families follow a trail by foot that visits several community locations. Please come with costumes on and flashlights ready. This annual event will start at two locations this year. You can park in the Incline Middle School parking lot or the Sierra Nevada College parking lot. A shuttle will run in between the two parking lots to deliver you back to your vehicle. This event is a collaboration between Parasol Community Collaboration-DWR Center, IVGID, Sierra Nevada College, Lake Tahoe School, Parasol Tahoe Community Foundation, and Parasol AmeriCorps Program. Please bring old eyeglasses for this "Sight Night" event. Time 4:00 PM – 8:00 PM
Contact: pcc@parasol.org, (775)298-0119Location: DWR Center, 948 Incline Way, Incline Village
October 29th - Family Night Out at the Tahoe Maritime Museum - Spend time with your family and explore the Museum. Time: 5pm - 7pm Children's activities from 5 - 5:30, with a family-friendly movie shown at 5:30. Costumes encouraged!
November 27th - This is the best! The Holiday Jazz Festival at the Hyatt Regency, Incline Village, featuring Chris Botti and Boney James.
I would be remiss if I didn’t add this wonderful December event to our Fall line-up:
December 2nd - Toys for Tots! Coldwell Banker and the United Sates Marine Corp Reserve
celebrate their 30th Annual “Kick Off ” Party!!! Th e event will be held at the Chateau in Incline
Village from 6:00pm-9:00pm. Admission is one NEW unwrapped toy.
Please visit http://www.laketahoechamber.com/ for all Fall and Winter happenings.
Thinking about Buying or Selling?
Call Alvin's Team Today! 800-666-4718
Or visit our website: www.LivingLakeTahoe.com
Here are just a few highlights to mention:
Hike or Bike to Marlette Lake in October when the Aspen leaves are reaching their full golden and red colors. The hike begins at Spooner Lake, near Incline Village, and is 9.5 miles so be sure to pack a lunch!
October 29th - Trail of Treats and Terror - Free community wide safe family Halloween event. Families follow a trail by foot that visits several community locations. Please come with costumes on and flashlights ready. This annual event will start at two locations this year. You can park in the Incline Middle School parking lot or the Sierra Nevada College parking lot. A shuttle will run in between the two parking lots to deliver you back to your vehicle. This event is a collaboration between Parasol Community Collaboration-DWR Center, IVGID, Sierra Nevada College, Lake Tahoe School, Parasol Tahoe Community Foundation, and Parasol AmeriCorps Program. Please bring old eyeglasses for this "Sight Night" event. Time 4:00 PM – 8:00 PM
Contact: pcc@parasol.org, (775)298-0119Location: DWR Center, 948 Incline Way, Incline Village
October 29th - Family Night Out at the Tahoe Maritime Museum - Spend time with your family and explore the Museum. Time: 5pm - 7pm Children's activities from 5 - 5:30, with a family-friendly movie shown at 5:30. Costumes encouraged!
November 27th - This is the best! The Holiday Jazz Festival at the Hyatt Regency, Incline Village, featuring Chris Botti and Boney James.
I would be remiss if I didn’t add this wonderful December event to our Fall line-up:
December 2nd - Toys for Tots! Coldwell Banker and the United Sates Marine Corp Reserve
celebrate their 30th Annual “Kick Off ” Party!!! Th e event will be held at the Chateau in Incline
Village from 6:00pm-9:00pm. Admission is one NEW unwrapped toy.
Please visit http://www.laketahoechamber.com/ for all Fall and Winter happenings.
Thinking about Buying or Selling?
Call Alvin's Team Today! 800-666-4718
Or visit our website: www.LivingLakeTahoe.com
Monday, October 26, 2009
Beautiful Condo Just Minutes Away From Lake Tahoe!
Great News for Buyers!If you are looking for a property that is just minutes away from Lake Tahoe...We have the perfect solution!
The attractive and tranquil setting of this upper level condo creates the feeling of an afternoon in the park. With a private setting, this unit is in flawless condition, impeccably maintained and well cared for. Vaulted ceilings spanning living area, an inviting window seat with storage, and an inspiring river rock fireplace provide the ideal focal point of any hostess’s dreams. A windowed door provides convenient access onto a private deck from the living area. The master bedroom features a charming garden window overlooking the common area, and mirrored closets. A mirrored wall in the dining area adds to the spaciousness of this cozy Tahoe retreat. This complex features a common spa and sauna along with its beautifully landscaped common grounds. Its prime location is just minutes away from skiing, golfing, restaurants, shopping and is within walking distance of the lake!
Call us for details!
Thinking about Buying or Selling?
Call Alvin's Team Today! 800-666-4718
Friday, October 23, 2009
Buy Your Vacation Home Now in Lake Tahoe!
National Average Long-Term Mortgage Rate Rises to 5 Percent
McLean, VA – Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.00 percent with an average 0.7 point for the week ending October 22, 2009, up from last week when it averaged 4.92 percent. Last year at this time, the 30-year FRM averaged 6.04 percent.
The 15-year FRM this week averaged 4.43 percent with an average 0.6 point, up from last week when it averaged 4.37 percent. A year ago at this time, the 15-year FRM averaged 5.72 percent.
The five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 4.40 percent this week, with an average 0.6 point, up from last week when it averaged 4.38 percent. A year ago, the 5-year ARM averaged 6.06 percent.
The one-year Treasury-indexed ARM averaged 4.54 percent this week with an average 0.6 point, down from last week when it averaged 4.60 percent. At this time last year, the 1-year ARM averaged 5.23 percent.
"Following bond yields, long-term mortgages rates edged up slightly this week," said Frank Nothaft, Freddie Mac vice president and chief economist. "Although rates for 5/1 ARMs and traditional 1-year ARMs are around half a percentage point below 30-year fixed mortgages, consumers appear to be seeking the stability of fixed-rate mortgages. According to the Mortgage Bankers Association, ARMs averaged only about 6 percent of the number of mortgage applications in September and October thus far."
"The housing market is still trying to recover in the second half of the year. The Federal Reserve reported in its October 21st regional economic review that housing market conditions improved in recent weeks, primarily from a pickup in sales of low-to medium-priced houses. However, residential construction activity was reported to remain weak in most areas. New construction of single family homes rebounded in September, rising at a 3.9 percent annual rate, but did not erase all of the declines set in August, based on figures released by the Department of Commerce. Moreover, homebuilder confidence, as measured by the National Association of Homebuilder's Housing Market Index, fell slightly in October and marked the first decline since January of this year."
This article was Published on Realty Times
October 23, 2009
Thinking about Buying or Selling?
Call Alvin's Team Today! 877-651-7810
Or visit our website: www.LivingLakeTahoe.com
McLean, VA – Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.00 percent with an average 0.7 point for the week ending October 22, 2009, up from last week when it averaged 4.92 percent. Last year at this time, the 30-year FRM averaged 6.04 percent.
The 15-year FRM this week averaged 4.43 percent with an average 0.6 point, up from last week when it averaged 4.37 percent. A year ago at this time, the 15-year FRM averaged 5.72 percent.
The five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 4.40 percent this week, with an average 0.6 point, up from last week when it averaged 4.38 percent. A year ago, the 5-year ARM averaged 6.06 percent.
The one-year Treasury-indexed ARM averaged 4.54 percent this week with an average 0.6 point, down from last week when it averaged 4.60 percent. At this time last year, the 1-year ARM averaged 5.23 percent.
"Following bond yields, long-term mortgages rates edged up slightly this week," said Frank Nothaft, Freddie Mac vice president and chief economist. "Although rates for 5/1 ARMs and traditional 1-year ARMs are around half a percentage point below 30-year fixed mortgages, consumers appear to be seeking the stability of fixed-rate mortgages. According to the Mortgage Bankers Association, ARMs averaged only about 6 percent of the number of mortgage applications in September and October thus far."
"The housing market is still trying to recover in the second half of the year. The Federal Reserve reported in its October 21st regional economic review that housing market conditions improved in recent weeks, primarily from a pickup in sales of low-to medium-priced houses. However, residential construction activity was reported to remain weak in most areas. New construction of single family homes rebounded in September, rising at a 3.9 percent annual rate, but did not erase all of the declines set in August, based on figures released by the Department of Commerce. Moreover, homebuilder confidence, as measured by the National Association of Homebuilder's Housing Market Index, fell slightly in October and marked the first decline since January of this year."
This article was Published on Realty Times
October 23, 2009
Thinking about Buying or Selling?
Call Alvin's Team Today! 877-651-7810
Or visit our website: www.LivingLakeTahoe.com
Wednesday, October 21, 2009
Real Estate Outlook: Sales Stats and Rates
We've got a bumper crop of positives this week for housing, starting with pending home sales, which jumped by 6.4 percent in August.
That was the seventh straight month of increases in the National Association of Realtors' forward-looking index -- the longest streak since 2001.
The pending sales index measures signed contracts heading for closing, and is an important indicator of where the real estate market is headed in the coming couple of months.
Regionally, pending sales were up by 8.2 percent in the Northeast, 7.6 percent in the Midwest, by just less than one percent in the South, and up a stunning 16 percent in the Western states.
But pending sales are hardly the only bright spot this week: New home sales were also up in the latest month -- by seven tenths of one percent nationwide, according to the Commerce Department.
Even home prices, which had been on the negative side in dozens of areas for most of 2008 and into early 2009, have now turned around and are rising just about everywhere. The Case-Shiller 20-city price index took its biggest jump in four years last month, up by 1.6 percent.
Prices were positive coast to coast, with Los Angles and Washington D.C. up 1.8 percent, San Francisco 3.3 percent, Chicago 2.7 percent and Minneapolis up an extraordinary 4.6 percent for the month.
And remember: the Case-Shiller index has been the darkest, gloomiest measure of the real estate market's direction for years, and the last major index to turn around this year. So it's a very welcome change we're looking at here.
Mortgage rates continued to be helpful as well last week, with rates continuing their slide. Average 30-year fixed rates dipped to 4.9 percent, according to the Mortgage Bankers Association, while fifteen year rates dropped to 4.3 percent.
If rates slip just a few more notches, they'll be approaching 40-year low points ... and we could see not only a spike to home sales, but a refinancing boom as well.
Now of course, the news never all bright in any given week. We saw a surprise drop last week in a key measure of consumer confidence -- the Conference Board's index, which slipped by 1.4 points after months of generally improving outlook among consumers.
Analysts attributed widespread worries about future job layoffs and a national unemployment rate close to 10 percent -- and much higher rates in some major local markets -- to the drop in confidence.
Unemployment is obviously sobering, and no doubt is restraining the housing sector. But all in all, that sector looks very promising at the moment.
This article was published in Realty Times
Written by: Kenneth R. Harney
Thinking about Buying or Selling?
Call Alvin's Team Today! 800-666-4718
Or visit our website: www.LivingLakeTahoe.com
That was the seventh straight month of increases in the National Association of Realtors' forward-looking index -- the longest streak since 2001.
The pending sales index measures signed contracts heading for closing, and is an important indicator of where the real estate market is headed in the coming couple of months.
Regionally, pending sales were up by 8.2 percent in the Northeast, 7.6 percent in the Midwest, by just less than one percent in the South, and up a stunning 16 percent in the Western states.
But pending sales are hardly the only bright spot this week: New home sales were also up in the latest month -- by seven tenths of one percent nationwide, according to the Commerce Department.
Even home prices, which had been on the negative side in dozens of areas for most of 2008 and into early 2009, have now turned around and are rising just about everywhere. The Case-Shiller 20-city price index took its biggest jump in four years last month, up by 1.6 percent.
Prices were positive coast to coast, with Los Angles and Washington D.C. up 1.8 percent, San Francisco 3.3 percent, Chicago 2.7 percent and Minneapolis up an extraordinary 4.6 percent for the month.
And remember: the Case-Shiller index has been the darkest, gloomiest measure of the real estate market's direction for years, and the last major index to turn around this year. So it's a very welcome change we're looking at here.
Mortgage rates continued to be helpful as well last week, with rates continuing their slide. Average 30-year fixed rates dipped to 4.9 percent, according to the Mortgage Bankers Association, while fifteen year rates dropped to 4.3 percent.
If rates slip just a few more notches, they'll be approaching 40-year low points ... and we could see not only a spike to home sales, but a refinancing boom as well.
Now of course, the news never all bright in any given week. We saw a surprise drop last week in a key measure of consumer confidence -- the Conference Board's index, which slipped by 1.4 points after months of generally improving outlook among consumers.
Analysts attributed widespread worries about future job layoffs and a national unemployment rate close to 10 percent -- and much higher rates in some major local markets -- to the drop in confidence.
Unemployment is obviously sobering, and no doubt is restraining the housing sector. But all in all, that sector looks very promising at the moment.
This article was published in Realty Times
Written by: Kenneth R. Harney
Thinking about Buying or Selling?
Call Alvin's Team Today! 800-666-4718
Or visit our website: www.LivingLakeTahoe.com
Monday, October 19, 2009
Get Ready For Ski Season at Diamond Peak Ski Resort, Lake Tahoe!
Lake Tahoe Ski + Stay Packages
Book Lake Tahoe Ski Packages Online!
Incline Village/Crystal Bay Visitors & Convention Bureau (800) GO-TAHOE Incline Village Chamber of Commerce (775) 831-4440
North Lake Tahoe Express - New airport shuttle
Property: CAL-NEVA RESORT SPA & CASINO (800) 225-6382http://www.calnevaresort.com/
Package: Call for pricing.
Details: 4.3 miles away Get directions
Located on the North Shore stateline of CA and NV, the hotel features a full service restaurant, casino, kids arcade, gift shop, spa and free ski shuttle. All rooms have views of Lake Tahoe. Get breakfast to go and head to Diamond Peak!
Property: CLUB TAHOE, INCLINE VILLAGE
(800) 527-5154http://www.clubtahoe.com/
Package: $145-$250 per night
Details: 1 mile away Get directions
Discount lift tickets available. Two bedrooms, two baths, plus loft, sleeps six. Full kitchens, washer/dryers, fireplaces, spa, sauna, racquetball courts, video arcade and bar/deli.
Property: FERRARI'S CROWN RESORT(800) 645-2260http://www.diamondpeak.com/admin_content_pages/edit/www.tahoecrown.com
Package: From $69 per person (midweek) plus tax
Details: 7.3 miles away Get directions
Lodging only, from $69 per night plus tax (Midweek). Discounted lift tickets available. Located in Kings Beach we offer year round Lakefront Lodging. Lakefront hot tubs, non- smoking rooms, free Internet, ski packages & discounted lift tickets. Visit us online or email us at info@tahoecrown.com
Property: GOLDFISH PROPERTIES, INCLINE VILLAGE (800) 948-7311 http://www.goldfishproperties.com/
Package: From $105 - $1,500 per night
Details: 1.1 miles away Get directions
Lakefront to Lakeview / Budget to Luxury. Vacation Rental Properties located in Incline Village, North Lake Tahoe. Discounted lift tickets available to Diamond Peak. View properties, prices, availability and book online
Property: HOMEWOOD SUITES RENO (775) 853-7170 http://www.diamondpeak.com/admin_content_pages/edit/www.reno.homewoodsuites.com
Package: Packages ranging from $139-$269 per night
Details: 30.71 miles awayGet directions
Packages start at $139 per person. Located minutes away from the Reno/Tahoe Airport, Homewood Suites has spacious studios and rooms with separate living and sleeping areas. Enjoy a complimentary hot breakfast 7 days a week; ski shuttle can be arranged with hotel reservation.
Property: HYATT REGENCY LAKE TAHOE RESORT, INCLINE VILLAGE (800) 553-3288http://www.thayerinteractive.com/clickthru/clickthrough.rry/99068
Package: From $130 per person, double occupancy.
Details: 1 mile away Get directions
From $130 per person/double occupancy.Tahoe’s premiere lakefront resort with luxurious Stillwater Spa, outdoor year-round heated jetted spas and pool with “swim-out” access. Four fire pits for roasting marshmallows après ski, Camp Hyatt and Ski Shop on-site. Located one mile from Diamond Peak with complimentary ski shuttle and live ticket booth.
Property: INCLINE AT TAHOE REALTY (888) 686-5253http://www.inclineattahoe.com/
Package: From $95 per night
Details: 1.7 miles away Get directions
Choose from our large selection of vacation rental properties that offer private hot tubs, lake views and pool tables. Discount lift tickets ($7-$15 off) for any stay in our properties. Visit our website for more pictures and details.
Property: INCLINE VACATION RENTALS (800) 831-3304http://www.inclinevacations.com/
Package: From $150 per night for 4 with third night free. (weekdays)
Details: 1.2 miles away Get directions
Economy to luxury fully equipped 1-12 bedroom vacation homes and condos. Many with private or community hot tubs. Lakefront, lake view properties available. Pictures available on our website. Discounted lift tickets.
Property: MOURELATOS LAKESHORE RESORT (800) 2-RELAX-U (800-273-5298)http://www.mlrtahoe.com/
Package: Rooms from $105 Weekday, $140 Weekends, double occupancy
Details: 8.7 miles away Get directions
Family Value Package: Free stay for kids 12 & under, free weekend continental breakfast, free WiFi, free DVD library and discounted Diamond Peak lift tickets. Stay on the Lake and enjoy spectacular views, outdoor hot tubs, and a helpful staff. Hospitality of the Year award and AAA Triple Diamond rated.
Property: PARKSIDE INN AT INCLINE (800) 824-6391http://www.innatincline.com/
Package: Stay & ski from $63 per person (midweek).
Details: .5 miles away Get directions
Best value in Incline Village. Closest resort to Diamond Peak. Indoor pool, sauna & spa. Ski Shuttle. AAA approved. Walk to Casino. Complimentary cont’l breakfast (weekends). Cozy lounge w/ fireplace and free high speed internet.
Property: TAHOE BILTMORE LODGE & CASINO, CRYSTAL BAY (800) 245-8667Click here to book your package!
Package: *Based on double occupancy and subject to availability
Details: 4.2 miles away Get directions
Come Stay and Play at the Tahoe Biltmore! Minutes from Diamond Peak, the Tahoe Biltmore has a room for all types of travelers and all budgets from suites, hotel rooms, cottages and motel rooms. After skiing enjoy your favorite slots, table games and great entertainment. Free wireless, non-smoking, smoking and pet rooms available.
Property: VACATION STATION, INCLINE VILLAGE (800) 841-7443 http://www.vacationstation.com/
Package: Stay & ski from $93 - $1,500 per night
Details: 1 mile away Get directions
Large selection of homes, condos, and cabins, you’re sure to find the perfect place for your ski vacation. Immaculately clean homes and friendly professional service. Discount lift tickets available.
Thinking about Buying or Selling?
Call Alvin's Team Today! 800-666-4718
Or visit our website: www.LivingLakeTahoe.com
Book Lake Tahoe Ski Packages Online!
Incline Village/Crystal Bay Visitors & Convention Bureau (800) GO-TAHOE Incline Village Chamber of Commerce (775) 831-4440
North Lake Tahoe Express - New airport shuttle
Property: CAL-NEVA RESORT SPA & CASINO (800) 225-6382http://www.calnevaresort.com/
Package: Call for pricing.
Details: 4.3 miles away Get directions
Located on the North Shore stateline of CA and NV, the hotel features a full service restaurant, casino, kids arcade, gift shop, spa and free ski shuttle. All rooms have views of Lake Tahoe. Get breakfast to go and head to Diamond Peak!
Property: CLUB TAHOE, INCLINE VILLAGE
(800) 527-5154http://www.clubtahoe.com/
Package: $145-$250 per night
Details: 1 mile away Get directions
Discount lift tickets available. Two bedrooms, two baths, plus loft, sleeps six. Full kitchens, washer/dryers, fireplaces, spa, sauna, racquetball courts, video arcade and bar/deli.
Property: FERRARI'S CROWN RESORT(800) 645-2260http://www.diamondpeak.com/admin_content_pages/edit/www.tahoecrown.com
Package: From $69 per person (midweek) plus tax
Details: 7.3 miles away Get directions
Lodging only, from $69 per night plus tax (Midweek). Discounted lift tickets available. Located in Kings Beach we offer year round Lakefront Lodging. Lakefront hot tubs, non- smoking rooms, free Internet, ski packages & discounted lift tickets. Visit us online or email us at info@tahoecrown.com
Property: GOLDFISH PROPERTIES, INCLINE VILLAGE (800) 948-7311 http://www.goldfishproperties.com/
Package: From $105 - $1,500 per night
Details: 1.1 miles away Get directions
Lakefront to Lakeview / Budget to Luxury. Vacation Rental Properties located in Incline Village, North Lake Tahoe. Discounted lift tickets available to Diamond Peak. View properties, prices, availability and book online
Property: HOMEWOOD SUITES RENO (775) 853-7170 http://www.diamondpeak.com/admin_content_pages/edit/www.reno.homewoodsuites.com
Package: Packages ranging from $139-$269 per night
Details: 30.71 miles awayGet directions
Packages start at $139 per person. Located minutes away from the Reno/Tahoe Airport, Homewood Suites has spacious studios and rooms with separate living and sleeping areas. Enjoy a complimentary hot breakfast 7 days a week; ski shuttle can be arranged with hotel reservation.
Property: HYATT REGENCY LAKE TAHOE RESORT, INCLINE VILLAGE (800) 553-3288http://www.thayerinteractive.com/clickthru/clickthrough.rry/99068
Package: From $130 per person, double occupancy.
Details: 1 mile away Get directions
From $130 per person/double occupancy.Tahoe’s premiere lakefront resort with luxurious Stillwater Spa, outdoor year-round heated jetted spas and pool with “swim-out” access. Four fire pits for roasting marshmallows après ski, Camp Hyatt and Ski Shop on-site. Located one mile from Diamond Peak with complimentary ski shuttle and live ticket booth.
Property: INCLINE AT TAHOE REALTY (888) 686-5253http://www.inclineattahoe.com/
Package: From $95 per night
Details: 1.7 miles away Get directions
Choose from our large selection of vacation rental properties that offer private hot tubs, lake views and pool tables. Discount lift tickets ($7-$15 off) for any stay in our properties. Visit our website for more pictures and details.
Property: INCLINE VACATION RENTALS (800) 831-3304http://www.inclinevacations.com/
Package: From $150 per night for 4 with third night free. (weekdays)
Details: 1.2 miles away Get directions
Economy to luxury fully equipped 1-12 bedroom vacation homes and condos. Many with private or community hot tubs. Lakefront, lake view properties available. Pictures available on our website. Discounted lift tickets.
Property: MOURELATOS LAKESHORE RESORT (800) 2-RELAX-U (800-273-5298)http://www.mlrtahoe.com/
Package: Rooms from $105 Weekday, $140 Weekends, double occupancy
Details: 8.7 miles away Get directions
Family Value Package: Free stay for kids 12 & under, free weekend continental breakfast, free WiFi, free DVD library and discounted Diamond Peak lift tickets. Stay on the Lake and enjoy spectacular views, outdoor hot tubs, and a helpful staff. Hospitality of the Year award and AAA Triple Diamond rated.
Property: PARKSIDE INN AT INCLINE (800) 824-6391http://www.innatincline.com/
Package: Stay & ski from $63 per person (midweek).
Details: .5 miles away Get directions
Best value in Incline Village. Closest resort to Diamond Peak. Indoor pool, sauna & spa. Ski Shuttle. AAA approved. Walk to Casino. Complimentary cont’l breakfast (weekends). Cozy lounge w/ fireplace and free high speed internet.
Property: TAHOE BILTMORE LODGE & CASINO, CRYSTAL BAY (800) 245-8667Click here to book your package!
Package: *Based on double occupancy and subject to availability
Details: 4.2 miles away Get directions
Come Stay and Play at the Tahoe Biltmore! Minutes from Diamond Peak, the Tahoe Biltmore has a room for all types of travelers and all budgets from suites, hotel rooms, cottages and motel rooms. After skiing enjoy your favorite slots, table games and great entertainment. Free wireless, non-smoking, smoking and pet rooms available.
Property: VACATION STATION, INCLINE VILLAGE (800) 841-7443 http://www.vacationstation.com/
Package: Stay & ski from $93 - $1,500 per night
Details: 1 mile away Get directions
Large selection of homes, condos, and cabins, you’re sure to find the perfect place for your ski vacation. Immaculately clean homes and friendly professional service. Discount lift tickets available.
Thinking about Buying or Selling?
Call Alvin's Team Today! 800-666-4718
Or visit our website: www.LivingLakeTahoe.com
Friday, October 16, 2009
Vital Information for First-Time Buyers- Lake Tahoe
The first-time homebuyer Federal tax credit for $8000, record-low interest rates, and nationwide median home prices dropping to the lowest point in five years, makes this an enticing time to consider buying a home. By the way, that tax incentive isn't truly just for first-time buyers -- it's defined as those not having owned a home in the last three years. Research and knowing your options are critical. Check with your tax accountant for more details. Note that the deadline is rapidly approaching to cash-in on this tax incentive, which runs out November 30th.
According to an article in August in the Raleigh News & Observer, 10.8 percent of buyers are motivated to buy due to Federal and state tax incentives. So far only 1.14 million buyers have filed for the credit but many more are expected to file for it on their 2010 returns. However, the National Association of Realtors reports that the first-time homebuyer figure in July was still about 10 percent below the average for the past six years.
There are many aspects to consider when buying your first home. Your price point, location, lifestyle, expert help, mortgage programs, inspections, how quickly you want/need to move, the list goes on. It can seem like an overwhelming process for first-time buyers. In fact, some shy away and continue to rent simply because they don't know who to turn to or where to begin. Today there are more resources than ever available with just the click of a mouse; however, that can create information overload! But if you take a breath and relax, I'll sort through some important factors for home buying. And even if you're a seller, it's good to review this material because it helps to remind you where first-time buyers' mindsets are when they make an offer on your home.
Give yourself more time than you think you need. Due to the housing crisis and credit crunch, the mortgage process can take even longer than it did previously. Searching for a home is averaging about 12 weeks while getting the mortgage process wrapped up can take up to 60 days, according to information released by National Association of REALTORS 2008 Profile of Buyers and Sellers.
Give yourself plenty of time to understand how much home you can afford, what kind of loan is most suitable for your needs, and, of course, plenty of time to select the home that fits your lifestyle. First-time homebuyers often don't have a lot of comparison shopping experience. Frequently they're just getting started. What is acceptable for a rental is likely different from what first-time buyers expect and accept when purchasing their first home. However, first-time buyers must understand that shopping for a home is akin to shopping for a mate … there are always some compromises that are necessary. If you don't allow enough time, you'll find that it will lead to headaches, rushed decisions, and, in the end, you may feel pressured to buy something that you have not had enough time to completely consider—maybe because you have to relocate and start your job.
Never skip an inspection. You simply can't spot everything that could be wrong with the home. While not all sellers do it, some hire an inspector to inspect the home when they list it on the market. However, the burden of the inspection typically falls on the buyer to pay for it. And the information you receive is invaluable. Hiring a certified inspector to give the home a once-over will help you discover problem areas that your agent can then negotiate for repair work or price adjustment. Also, note that the home inspections (yours and the sellers) may differ; examine both, this way you'll learn more about your potential home.
Frank Schulte-Ladbeck, a licensed home inspector says that when you get your home inspection be certain to have everything turned on. In one case, "The water valve to the house was turned to almost off. When you turned it on to regular pressure… [the seller] had water spurting out of almost all of the faucets because all of the O-rings, the seals, had all dried so much that they were just allowing water to spill right out of them," said Schulte-Ladbeck.
Use experts to help prepare. Having a team of experts who can expedite your search by finding the most suitable properties for you will save you endless hours of looking. Also, the right mortgage expert simplifies the loan process. You'll be guided through the home-buying process instead of becoming overwhelmed by the options, paperwork, and tasks. Using the best specialists can truly make buying your first home a wonderful experience.
Article Published in Realty Times
Written by Phoebe Chongchua
October 16, 2009
Thinking about Buying or Selling?
Call Alvin's Team Today! 877-651-7810
Or visit our website: www.LivingLakeTahoe.com
Wednesday, October 14, 2009
Gorgeous Town Home in Incline Village, Lake Tahoe!
Great News for Buyers!If you are looking for property in Lake Tahoe... We have a gorgeous town home that could be yours!
Enjoy every detail of this impeccable, tastefully updated town home, located in the private and gated community of Red Cedar Estates. On the entry level, the living room boasts a handsome Sandstone surrounded gas fireplace with granite mantle, Sandstone flooring, warm wood accents, high cathedral beamed ceiling and access onto a spacious deck with a peek of the lake. Granite countertops, alder cabinets, heated floor and a garden window are featured in the kitchen. Also included on this level are two bedrooms and a full bathroom. On the lower level, an approximately 450 square foot den was added, which features alder flooring and outdoor access. On the upper level, the spacious master suite features a large walk-in closet and a sitting area with sky lights. The luxurious master bath features tumbled marble flooring and countertops, double vanities, spa tub and an open shower. You will fall in love with this charming home the moment you step inside!
Call us for details!
Thinking about Buying or Selling?
Call Alvin's Team Today! 800-666-4718
Monday, October 12, 2009
Fabulous Fall Celebration at North Lake Tahoe!
The Eventful Side Of Fall At North Lake Tahoe
Autumn at North Tahoe is headlined by groves of golden aspen, sharp blue skies, the ability to mix shorts and sweaters, and that other side of Tahoe – its eventful side. It’s where fall is made more fabulous by the combination of the finest offerings of mother nature and human nature – of wild and refined and all things fun. North Lake Tahoe’s Fabulous Fall offers a full itinerary of adventure, food, wine, art and gaming events not to be missed.
October
Oct 3
8th Annual Village Oktoberfest in the Village at Squaw Valley USA, Squaw Valley
Oct 3
Sixth Annual Downtown Truckee Wine, Walk, & Shop, Truckee
Oct 4
Northstar-at-Tahoe Downhill Mountain Bike Race, Northstar
Oct 8
Passport to Dining, Kings Beach, Kings Beach
Oct 9-11
11th Annual North Lake Tahoe Classic Car, Truck and Motorcycle Show, Crystal Bay
Oct 10
Oktoberfest, Tahoe City, Tahoe City
Oct 10-17
Tahoe City Harvest Festival & Oktoberfest, Tahoe City
Oct 24-25
$10,000 Maestros for Music Charity Poker Tournament at the Grand Lodge Casino at Hyatt Regency Lake Tahoe, Incline Village
Oct 24
Foam Fest at the Tahoe Biltmore, Crystal Bay
November
Nov 7
Chocolate, Wine and Roses Food & Wine Fundraiser, Kings Beach
Nov 20
33rd Annual Elegant Affair Food & Wine Tasting, Tahoe City
Nov 27 - Nov 28
Holiday Jazz Festival featuring Chris Botti and Boney James at the Hyatt Regency Lake Tahoe , Incline Village
Thinking about Buying or Selling?
Call Alvin's Team Today! 800-666-4718
Or visit our website: www.LivingLakeTahoe.com
Autumn at North Tahoe is headlined by groves of golden aspen, sharp blue skies, the ability to mix shorts and sweaters, and that other side of Tahoe – its eventful side. It’s where fall is made more fabulous by the combination of the finest offerings of mother nature and human nature – of wild and refined and all things fun. North Lake Tahoe’s Fabulous Fall offers a full itinerary of adventure, food, wine, art and gaming events not to be missed.
October
Oct 3
8th Annual Village Oktoberfest in the Village at Squaw Valley USA, Squaw Valley
Oct 3
Sixth Annual Downtown Truckee Wine, Walk, & Shop, Truckee
Oct 4
Northstar-at-Tahoe Downhill Mountain Bike Race, Northstar
Oct 8
Passport to Dining, Kings Beach, Kings Beach
Oct 9-11
11th Annual North Lake Tahoe Classic Car, Truck and Motorcycle Show, Crystal Bay
Oct 10
Oktoberfest, Tahoe City, Tahoe City
Oct 10-17
Tahoe City Harvest Festival & Oktoberfest, Tahoe City
Oct 24-25
$10,000 Maestros for Music Charity Poker Tournament at the Grand Lodge Casino at Hyatt Regency Lake Tahoe, Incline Village
Oct 24
Foam Fest at the Tahoe Biltmore, Crystal Bay
November
Nov 7
Chocolate, Wine and Roses Food & Wine Fundraiser, Kings Beach
Nov 20
33rd Annual Elegant Affair Food & Wine Tasting, Tahoe City
Nov 27 - Nov 28
Holiday Jazz Festival featuring Chris Botti and Boney James at the Hyatt Regency Lake Tahoe , Incline Village
Thinking about Buying or Selling?
Call Alvin's Team Today! 800-666-4718
Or visit our website: www.LivingLakeTahoe.com
Friday, October 9, 2009
Buy in Incline Village, Lake Tahoe, TODAY!
Why to Buy a Home Now
If you're renting and wondering if you should buy a home, consider what bestselling author, David Bach, says, "The average homeowner is worth 35 times more than the average renter."
He advises renters to take action immediately and start saving part of their paycheck every month to help accumulate a down payment. He also encourages renters to borrow 10-20 percent less than what the bank is willing to lend; that way they're only buying as much home as they can afford.
The longer you rent, the longer it may take you to eventually get into homeownership. If the market conditions have scared you, perhaps you're not looking at the other side of the coin. Owning a home becomes part of your investment portfolio, provides tax benefits, allows you to build equity (it still exists), and, if you buy now, you may get an excellent deal.
According to a MarketWatch news article, buying a home now can provide some real negotiating power to request improvements, price reductions, help with closing costs, and more. "People can get a lot of what they need and almost all of what they want today," said Jay Papasan, one of the authors of "Your First Home".
While poor market conditions have created a troubling situation for some homeowners, the downturn has made the buying market ripe for others. The affordability of homes is better than ever. The National Association of Realtors' housing affordability index concluded that homes in December of 2008 were more affordable than at any other point since 1970 (the start of the index). And with numerous foreclosures on the market and prices dropping in many areas, now is a good time to buy. But in order to make your purchase profitable, here are some things you should consider.
How long will you be in the home? Some experts advise that if you are planning to move within a year, buying may not be the best option because of the expenses associated with moving. However, if you're searching for a place to live for, at least, several years, buying now could be a good choice for you.
How much you can afford. Don't let tighter lending regulations scare you off from making a purchase. Instead, understand what you truly can afford. Don't get caught up in buying too much home. In fact, these days, the trend is moving toward smaller homes -- simpler living.
Mortgage rates drop to historical low. How much home you can afford is affected by mortgage interest rates that, right now, are highly appealing. Good credit, documenting your income, and a substantial down payment will make you a better candidate for the better mortgage rates.
Freedom to choose. Now, unlike several years ago, the market has a large inventory in many areas. The market time to sell a home has increased which creates a large inventory of homes, everything including new, existing, and foreclosures. Buyers can peruse the market and have the freedom to select the home they really want. If you're interest is in a new home, know that many developers are getting more competitive with their pricing because they also have taken a hit by the ailing economy.
Quality of life. Buying a home can create a higher quality of life, giving you pride of homeownership, and something to enjoy improving and developing over the years.
Tax credit benefit. Last summer, the federal government started providing up to a $7,500 tax credit to buyers who have not owned a home in at least three years; the tax credit must be repaid within 15 years. But that figure may increase. The National Home Builders Association and National Association of Realtors are pushing for more significant help for all home buyers -- not just those who are buying for the first time. The Senate, as part of a stimulus package, this month approved a temporary new tax credit to be applied to homebuyers' tax bills. The credit would give buyers 10 percent of the purchase price of any home, up to $15,000. Alan Zibel of the Associated Press writes, "Anyone who buys a home within a year of the bill's signature would qualify. To deter speculators, buyers must occupy the house as their main residence for at least two years." At the time of this writing, the stimulus package had not yet gone to the White House.
Written by Phoebe Chongchua
February 13, 2009
If you're renting and wondering if you should buy a home, consider what bestselling author, David Bach, says, "The average homeowner is worth 35 times more than the average renter."
He advises renters to take action immediately and start saving part of their paycheck every month to help accumulate a down payment. He also encourages renters to borrow 10-20 percent less than what the bank is willing to lend; that way they're only buying as much home as they can afford.
The longer you rent, the longer it may take you to eventually get into homeownership. If the market conditions have scared you, perhaps you're not looking at the other side of the coin. Owning a home becomes part of your investment portfolio, provides tax benefits, allows you to build equity (it still exists), and, if you buy now, you may get an excellent deal.
According to a MarketWatch news article, buying a home now can provide some real negotiating power to request improvements, price reductions, help with closing costs, and more. "People can get a lot of what they need and almost all of what they want today," said Jay Papasan, one of the authors of "Your First Home".
While poor market conditions have created a troubling situation for some homeowners, the downturn has made the buying market ripe for others. The affordability of homes is better than ever. The National Association of Realtors' housing affordability index concluded that homes in December of 2008 were more affordable than at any other point since 1970 (the start of the index). And with numerous foreclosures on the market and prices dropping in many areas, now is a good time to buy. But in order to make your purchase profitable, here are some things you should consider.
How long will you be in the home? Some experts advise that if you are planning to move within a year, buying may not be the best option because of the expenses associated with moving. However, if you're searching for a place to live for, at least, several years, buying now could be a good choice for you.
How much you can afford. Don't let tighter lending regulations scare you off from making a purchase. Instead, understand what you truly can afford. Don't get caught up in buying too much home. In fact, these days, the trend is moving toward smaller homes -- simpler living.
Mortgage rates drop to historical low. How much home you can afford is affected by mortgage interest rates that, right now, are highly appealing. Good credit, documenting your income, and a substantial down payment will make you a better candidate for the better mortgage rates.
Freedom to choose. Now, unlike several years ago, the market has a large inventory in many areas. The market time to sell a home has increased which creates a large inventory of homes, everything including new, existing, and foreclosures. Buyers can peruse the market and have the freedom to select the home they really want. If you're interest is in a new home, know that many developers are getting more competitive with their pricing because they also have taken a hit by the ailing economy.
Quality of life. Buying a home can create a higher quality of life, giving you pride of homeownership, and something to enjoy improving and developing over the years.
Tax credit benefit. Last summer, the federal government started providing up to a $7,500 tax credit to buyers who have not owned a home in at least three years; the tax credit must be repaid within 15 years. But that figure may increase. The National Home Builders Association and National Association of Realtors are pushing for more significant help for all home buyers -- not just those who are buying for the first time. The Senate, as part of a stimulus package, this month approved a temporary new tax credit to be applied to homebuyers' tax bills. The credit would give buyers 10 percent of the purchase price of any home, up to $15,000. Alan Zibel of the Associated Press writes, "Anyone who buys a home within a year of the bill's signature would qualify. To deter speculators, buyers must occupy the house as their main residence for at least two years." At the time of this writing, the stimulus package had not yet gone to the White House.
Written by Phoebe Chongchua
February 13, 2009
Call Alvin's Team Today! 877-651-7810
Wednesday, October 7, 2009
Stunning Estate Home In Lake Tahoe!
Great News for Buyers!If you are looking for a beautiful home in a private, gated community in Lake Tahoe...
This could be the perfect solution!
Enjoy the privacy of this stunning home, located in the prestigious Country Club Estates. One of seven custom homes, it offers beautifully landscaped grounds on a 1.11 acre parcel in a gorgeous park-like setting. The main level includes an impressive foyer, living room with a striking floor to ceiling river rock gas fireplace, wet bar and French doors opening to the lush backyard. The luxurious master suite boasts a lovely marble surrounded gas fireplace (which can also be enjoyed from the spa tub in the master bath), a private patio and master bath with steam shower, spa tub and a spacious walk-in closet. There are two additional bedroom suites on this level. On the upper level you will find a formal dining room, a beautiful bright gourmet kitchen featuring top-of-the-line appliances, granite countertops, Kitchen Island with cook top, breakfast nook, walk-in pantry and a wine room. The lower level includes a spacious media/family room with wet bar, a private patio, another bedroom suite and a convenient dumbwaiter off the garage. This grand residence has it all and is just minutes from the Hyatt, beaches, shopping, restaurants and all recreational facilities!
Call us for details!
Thinking about Buying or Selling?
Call Alvin's Team Today! 800-666-4718
Or visit our website: www.LivingLakeTahoe.com
Monday, October 5, 2009
September Round Up: Rates Remain Low, Increasing Affordability
In Freddie Mac's results of its Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 5.04 percent with an average 0.6 point for the week ending September 24, 2009, unchanged from the previous week when it averaged 5.04 percent. Last year at this time, the 30-year FRM averaged 6.09 percent.
The 15-year FRM this week averaged 4.46 percent with an average 0.6 point, down from the previous week when it averaged 4.47 percent. A year ago at this time, the 15-year FRM averaged 5.77 percent. This is the lowest the 15-year FRM has been since Freddie Mac started tracking it in 1991.
The five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 4.51 percent this week, with an average 0.5 point, unchanged from the previous week when it averaged 4.51 percent. A year ago, the 5-year ARM averaged 6.02 percent.
The one-year Treasury-indexed ARM averaged 4.52 percent this week with an average 0.6 point, down from the previous week when it averaged 4.58 percent. At this time last year, the 1-year ARM averaged 5.03 percent.
"Mortgage rates held relatively steady at three-month lows this week," said Frank Nothaft, Freddie Mac vice president and chief economist. Correspondingly, the Mortgage Bankers Association reported that mortgage applications jumped 12.8 percent over the week of September 18th to the strongest pace since late May, boosted by refinancing activity.
"In its September 23rd policy statement, the Federal Reserve (Fed) indicated that it plans to keep its benchmark interest rate exceptionally low for an extended period. This will likely benefit consumers who opt for ARMs, because they are typically tied to shorter-term interest rates. The Fed also noted that activity in the economy and housing market has picked up and financial markets have improved."
Credit Reports Under Extra Scrutiny
Buyers who are under contract and hoping to close before Nov. 30 when the first-time home buyer credit expires should refrain from buying furniture and other things on credit.
Lenders are running credit checks prior to closing day and any increase in credit card or other debt can jeopardize the loan.
Buyers should be warned to even refrain from checking out a new large purchase because even an inquiry on a credit report could scare a lender.
If someone’s squeaking by and, all of a sudden, they may be looking at increasing debt, the lenders will have a keener eye in looking at your loan.
Don’t look until you’ve closed is basically what it comes down to. That’s the safest way.
Get Lawns Ready Now for Next Year
Anybody who will be selling a property in the spring should get a jump on curb appeal by working now on beautifying the lawn.
Here are some key tasks that will lead to a green and healthy yard in the next selling season:
* Calculate the total lawn area to learn how much seed and chemicals are required.
* Treat weeds with an herbicide.
* Test the pH level and, if indicated, add lime.
* Plant ground cover like pachysandra and hardy ferns in low-light or slopping areas. Before preparing, seeding and fertilizing the rest of the lawn, consider whether there are areas that might be better candidates for stepping stones or another attractive alternative to plantings.
Tax Credit Extension Could Sway Buyers
At least 43 percent of potential first-time home buyers told Zillow.com that extending the $8,000 federal tax credit would go a long way toward motivating them to buy a home in 2010.
Nearly 18 percent called the credit the "primary influence" in their decision; 25 percent said it would be a "significant influence;" 27 percent said the credit would have "some" influence on any homebuying decision; and 31 percent said it would have no influence.
If the 18 percent of those who called the credit a primary influence ultimately bought a home, that would equate to 334,000 buyers from Dec. 1, 2009, to Nov. 30, 2010, and would cost taxpayers $14.86 billion, the online real estate marketing firm calculated.
Zillow also noted that based on its survey, about 80 percent of first-time home buyers in the coming year will buy whether there is a credit or not, but it argues that expanding the credit is worthwhile.
"While 334,000 may seem like a small number relative to the total number of home buyers who would claim the credit, their addition to the market next year could make the difference between a robust annual increase in home sales next year and a flat or negative change in home sales relative to this year," Zillow Chief Economist Stan Humphries says.
This article appeared in Realty Times
Written by: Michele Dawson
Thinking about Buying or Selling?
Call Alvin's Team Today! 800-666-4718
Or visit our website: www.LivingLakeTahoe.com
The 15-year FRM this week averaged 4.46 percent with an average 0.6 point, down from the previous week when it averaged 4.47 percent. A year ago at this time, the 15-year FRM averaged 5.77 percent. This is the lowest the 15-year FRM has been since Freddie Mac started tracking it in 1991.
The five-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 4.51 percent this week, with an average 0.5 point, unchanged from the previous week when it averaged 4.51 percent. A year ago, the 5-year ARM averaged 6.02 percent.
The one-year Treasury-indexed ARM averaged 4.52 percent this week with an average 0.6 point, down from the previous week when it averaged 4.58 percent. At this time last year, the 1-year ARM averaged 5.03 percent.
"Mortgage rates held relatively steady at three-month lows this week," said Frank Nothaft, Freddie Mac vice president and chief economist. Correspondingly, the Mortgage Bankers Association reported that mortgage applications jumped 12.8 percent over the week of September 18th to the strongest pace since late May, boosted by refinancing activity.
"In its September 23rd policy statement, the Federal Reserve (Fed) indicated that it plans to keep its benchmark interest rate exceptionally low for an extended period. This will likely benefit consumers who opt for ARMs, because they are typically tied to shorter-term interest rates. The Fed also noted that activity in the economy and housing market has picked up and financial markets have improved."
Credit Reports Under Extra Scrutiny
Buyers who are under contract and hoping to close before Nov. 30 when the first-time home buyer credit expires should refrain from buying furniture and other things on credit.
Lenders are running credit checks prior to closing day and any increase in credit card or other debt can jeopardize the loan.
Buyers should be warned to even refrain from checking out a new large purchase because even an inquiry on a credit report could scare a lender.
If someone’s squeaking by and, all of a sudden, they may be looking at increasing debt, the lenders will have a keener eye in looking at your loan.
Don’t look until you’ve closed is basically what it comes down to. That’s the safest way.
Get Lawns Ready Now for Next Year
Anybody who will be selling a property in the spring should get a jump on curb appeal by working now on beautifying the lawn.
Here are some key tasks that will lead to a green and healthy yard in the next selling season:
* Calculate the total lawn area to learn how much seed and chemicals are required.
* Treat weeds with an herbicide.
* Test the pH level and, if indicated, add lime.
* Plant ground cover like pachysandra and hardy ferns in low-light or slopping areas. Before preparing, seeding and fertilizing the rest of the lawn, consider whether there are areas that might be better candidates for stepping stones or another attractive alternative to plantings.
Tax Credit Extension Could Sway Buyers
At least 43 percent of potential first-time home buyers told Zillow.com that extending the $8,000 federal tax credit would go a long way toward motivating them to buy a home in 2010.
Nearly 18 percent called the credit the "primary influence" in their decision; 25 percent said it would be a "significant influence;" 27 percent said the credit would have "some" influence on any homebuying decision; and 31 percent said it would have no influence.
If the 18 percent of those who called the credit a primary influence ultimately bought a home, that would equate to 334,000 buyers from Dec. 1, 2009, to Nov. 30, 2010, and would cost taxpayers $14.86 billion, the online real estate marketing firm calculated.
Zillow also noted that based on its survey, about 80 percent of first-time home buyers in the coming year will buy whether there is a credit or not, but it argues that expanding the credit is worthwhile.
"While 334,000 may seem like a small number relative to the total number of home buyers who would claim the credit, their addition to the market next year could make the difference between a robust annual increase in home sales next year and a flat or negative change in home sales relative to this year," Zillow Chief Economist Stan Humphries says.
This article appeared in Realty Times
Written by: Michele Dawson
Thinking about Buying or Selling?
Call Alvin's Team Today! 800-666-4718
Or visit our website: www.LivingLakeTahoe.com
Friday, October 2, 2009
Home Insulation for Lake Tahoe!
Insulating Your Wallet With Home Insulation
Heating and cooling for an average home account for 50 percent to 70 percent of a homeowner's energy usage. If your home isn't adequately insulated that can mean added costs that deplete your wallet each month.
The Energy Efficient Codes Coalition (EECC) strives to achieve an initial 30 percent boost in the energy efficiency of the 2009 International Energy Conservation Code (IECC) over its 2006 counterpart. The EECC writes on its Web site, "Because homes and other buildings are the largest sectors for US energy and electricity consumption, using 40 percent of US energy and 71 percent of its electricity, respectively and, at 37 percent, the largest single source of American's greenhouse gas emissions, they represent the nation's last great frontier of wasted energy.
The move toward building more energy-efficient homes is increasing. According to the 2006 McGraw-Hill Construction Residential Green Building SmartMarket Report, by 2010 green homes will make up 10 percent of new home construction; that's up from just 2 percent in 2005.
Actor Brad Pitt has given his time and energy to bring awareness to the energy-efficiency movement by taking ownership of efforts that build green homes through his foundation. In the aftermath of Katrina the community of homes being built under the "Make It Right New Orleans" housing charity is considered "the largest and greenest community of single-family homes in the world", according to U.S. Green Building Council President, CEO & Founding Chair, Rick Fedrizzi. Four years after the devastating hurricane struck, green houses are rising from the wreckage. So far there are only about 15 homes completed in the Lower 9th Ward, but Pitt says that there will be 150 by the end of 2010. He claims that the families living in these homes are paying significantly reduced electrical and utility bills.
But energy-efficient homes still remain the exception. There are approximately 45 million homes in the U.S. that lack the proper levels of Insulation.
That causes not only higher household utility expenses but also more health hazards. According to the Harvard University School of Public Health, thermal insulation not only helps with energy efficiency but also contributes dramatically to public health. Studies show that increasing insulation reduces energy usage and emissions which result in fewer deaths and instances of respiratory and cardiovascular ailments that are often associated with air pollution.
Experts say that homes under 10-years old could be lacking the proper amount of insulation. Taking steps to adequately insulate your home can help your current financial picture (federal tax credits and incentives may apply). Increased insulation can also be considered a very valuable benefit when it comes time to sell. If you've already upgraded your insulation and are listing your home on the market, it's a good idea to make that known in marketing materials. Insulation is a hidden advantage. It's not as easy as showing off a newly remodeled kitchen, however, it can be a big influencer for buyers—especially if you educate them about the upgrades that you've made and how that transfers to savings for them once they're living in the home.
Published in Realty Times
Written by Phoebe Chongchua
October 2, 2009
Thinking about Buying or Selling?
Call Alvin's Team Today! 800-666-4718
Or visit our website: http://www.livinglaketahoe.com/
Heating and cooling for an average home account for 50 percent to 70 percent of a homeowner's energy usage. If your home isn't adequately insulated that can mean added costs that deplete your wallet each month.
The Energy Efficient Codes Coalition (EECC) strives to achieve an initial 30 percent boost in the energy efficiency of the 2009 International Energy Conservation Code (IECC) over its 2006 counterpart. The EECC writes on its Web site, "Because homes and other buildings are the largest sectors for US energy and electricity consumption, using 40 percent of US energy and 71 percent of its electricity, respectively and, at 37 percent, the largest single source of American's greenhouse gas emissions, they represent the nation's last great frontier of wasted energy.
The move toward building more energy-efficient homes is increasing. According to the 2006 McGraw-Hill Construction Residential Green Building SmartMarket Report, by 2010 green homes will make up 10 percent of new home construction; that's up from just 2 percent in 2005.
Actor Brad Pitt has given his time and energy to bring awareness to the energy-efficiency movement by taking ownership of efforts that build green homes through his foundation. In the aftermath of Katrina the community of homes being built under the "Make It Right New Orleans" housing charity is considered "the largest and greenest community of single-family homes in the world", according to U.S. Green Building Council President, CEO & Founding Chair, Rick Fedrizzi. Four years after the devastating hurricane struck, green houses are rising from the wreckage. So far there are only about 15 homes completed in the Lower 9th Ward, but Pitt says that there will be 150 by the end of 2010. He claims that the families living in these homes are paying significantly reduced electrical and utility bills.
But energy-efficient homes still remain the exception. There are approximately 45 million homes in the U.S. that lack the proper levels of Insulation.
That causes not only higher household utility expenses but also more health hazards. According to the Harvard University School of Public Health, thermal insulation not only helps with energy efficiency but also contributes dramatically to public health. Studies show that increasing insulation reduces energy usage and emissions which result in fewer deaths and instances of respiratory and cardiovascular ailments that are often associated with air pollution.
Experts say that homes under 10-years old could be lacking the proper amount of insulation. Taking steps to adequately insulate your home can help your current financial picture (federal tax credits and incentives may apply). Increased insulation can also be considered a very valuable benefit when it comes time to sell. If you've already upgraded your insulation and are listing your home on the market, it's a good idea to make that known in marketing materials. Insulation is a hidden advantage. It's not as easy as showing off a newly remodeled kitchen, however, it can be a big influencer for buyers—especially if you educate them about the upgrades that you've made and how that transfers to savings for them once they're living in the home.
Published in Realty Times
Written by Phoebe Chongchua
October 2, 2009
Thinking about Buying or Selling?
Call Alvin's Team Today! 800-666-4718
Or visit our website: http://www.livinglaketahoe.com/
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