Recent Headlines
Lake Tahoe/Incline Village Foreclosure/Short Sale List As Of February 17th
Incline Village Short Sale Bank Owned Listings (3)
Please find attached the Incline Village short sale and REO listings update.
On the short sale list we have 5 price reductions, 1 new listing, 3 new escrows, 1 back on market and 1 sale to report. The home at 542 Spencer Way listed for $649,000 sold for $600,000 02/16/2012. The new listing at 803 Rosewood (Incline Creek Estates) is a real deal at $825,000.
On the REO list we have 1 new escrow, 1 price reduction and 1 sale to report. The home at 966 Little Burro Ct. listed at $550,000 sold for $537,000 01/31/2012.
State/Federal Settlement Relief Information For Distressed Borrowers
Federal Government & Attorneys General reach landmark settlement with major banks
Roughly $25 billion in relief for distressed borrowers, states and federal government.
After many months of negotiation, 49 state attorneys general and the federal government have reached agreement on a historic joint state-federal settlement with the country’s five largest loan servicers:
The settlement will provide as much as $25 billion in relief to distressed borrowers and direct payments to states and the federal government. It’s the largest multistate settlement since the Tobacco Settlement in 1998. [Read more]
Lake Tahoe/Incline Village Foreclosure/Short Sale List As Of February 11th
Incline_Village_Short_Sale_&_Bank_Owned_Listings[1]
Please find attached the updated list of Short Sale and REO listings.
On the short sale list, we have 4 price reductions, 1 new listing and 2 sales to report. The property at 985 Wedge Court listed at $510,000 sold 02/07/2012 for $505,000. The home at 968 Granite Court listed at $699,000 sold 02/06/2012 for $650,000.
On the REO list, we have 1 price reduction, 1 back on market, 1 new listing and 1 sale to report. The home at 917 Michael Court listed at $609,000 sold 02/06/2012 for $580,000. The new listing at 875 Southwood, #17 L’Ermitage sounds like a real bargain at $359,900
Lake Tahoe/Incline Village Foreclosure/Short Sale List As Of January 28th
Incline Village Short Sale Bank Owned Listings (3)
Not much in the way of changes from last week’s update. On the short sale list there was one price reduction and one sold to report. The home at 915 Fairview listed at $650,000 sold 01/26/2012 for $650,000.
On the REO list we also have just one price reduction to report and one sold. The condo at 872 Tanager #12 listed at $79,900 sold for $69,900 01/20/2012.
Lake Tahoe/Incline Village Foreclosure/Short Sale List As Of January 22nd
Incline Village Short Sale Bank Owned Listings (3)
Please find attached the Lake Tahoe/Incline Village short sale and REO listings
Under the short sale listings we have 2 new escrows, 5 price reductions, 3 new listings and no closed escrows to report.
The REO list was very active the past week with 5 new escrows, no new listings and 1 closed escrow to report. The listing at 1457 Glarus Ct. listed at $879,900 sold for $879,900 01/19/2012.
