Lisa and Jim's Northern Nevada Real Estate Blog

Super-clean! 1 Year New! Residential Income in Carson City, Nevada

Lisa Wetzel (RE/MAX Realty Affiliates) — Thu, 28 Aug 2008 18:50:34 -0500

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Description

100% Rented! It just does not get much better than this! In the heart of Carson City! Convenient access to everywhere, These multi family units are ready to go! Each unit has 2 bedrooms, 1 Baths, spacious living area and open design with large kitchen and all electric appliances and Double Car Garages. Each unit is separated by a 4 inch concrete party wall and includes R23 Walls and R38 ceilings. There are 2 individual 4-plex buildings in one offering, each building has a separate legal address so they qualify for standard conforming residential financing.

Features

Bedrooms:	2
Bathrooms:	1
Parking:	2
Year Built:	2007
Lot Size:	.47
Garage Size:	2
Square Footage:	900
Agent Name:	Lisa Wetzel and Jim Valentine
Broker:	John Fisher
MLS #:	80013432

Location

4000 Lepire Carson City NV 89701

vFlyer Id: 1876579

Have A Positive Mental Attitude ... Expect and Envision It All!

Lisa Wetzel (RE/MAX Realty Affiliates) — Thu, 28 Aug 2008 09:15:18 -0500

Here's an inspiring quote for Bob Proctor's "Insight of the Day".

"If we are basically positive in attitude, expecting and envisioning pleasure, satisfaction and happiness, we will attract and create people, situations, and events which conform to our positive expectations."

Shakti Gawain

Author of Creative Visualization

Shakti Gawain is one of the first authors that I ever studies in the art of visualization. Her writings are classic.

I actually first began reading her books in 1987. This was pretty "woo-woo" stuff for most folks back then! A well known business coach and Real Estate Agent from Big Bear, California, Tim Wood, spoke about her at a Coldwell Banker Conventions that we attended.

Her books and tapes are awesome and I have recommended them for years.

For additional information from "Insight of the Day" .

Best wishes for a wonderful and prosperous day!

My Agent Won't List My House At My Price ... Why?

Lisa Wetzel (RE/MAX Realty Affiliates) — Tue, 26 Aug 2008 13:07:25 -0500

Sounds like you have an astute business person for an agent... congratulations. We have often discussed the agents that will list at any price because they are either: a. ignorant and thrilled to finally have a listing to work on, or b. they are going to take the listing and beat you up week after week for a price reduction. The smart agent knows that an overpriced listing won't sell, and ultimately it will have a detrimental impact on the Market and the property itself.

The matter is actually more involved for the savvy agent, the good business person that understands not just the mechanics of the industry, but the fact that it is, indeed, a business. Despite the perception of the uninformed public that all a listing agent does is put a sign in the ground and put the property in MLS, there is a lot more to it. When a homeowner signs a listing they agree to pay the agent a selling fee when the agent has performed ... not just procuring a Buyer, but actually closing the escrow with the Buyer.

When an agent lists a property they are committing to a substantial financial investment. In our particular market area, Northern Nevada, Just taking a listing actually costs the agent around $2,000 of hard money... without the extra stuff. Then there are ongoing monthly carrying costs in the neighborhood of $400 per listing. That figure will vary according to how many listings the agent carries and what his monthly operating costs are, i.e.- if an agent has ten listings and a monthly base cost of operation of $5,000 his monthly cost per listing is $500. If it takes six months to sell your home, a neutral market (not Buyer or Seller), the carrying cost is $3,000. The agent's cost is now $5,000 without a guarantee of any return. If you have a $300,000 home and their side of the fee is 3% they will gross $6,000. Now you know that the net is only $1,000 for their personal expenses, i.e.- taxes, house payment, food, utilities, recreation... life.

Some agents might take a listing for the sign placement if you have a highly visible property. That is an old school thought for there are fewer sign calls these days with the proliferation of the Internet in our industry. If your agent is taking the listing too high you might be an unwitting victim ... and so is the agent. They are only fooling themselves as to their actual benefits of the listing, and they aren't serving you well.

Our Advice: Even in a traditional office where agents don't pay as many direct costs, they still pay as their broker receives a larger portion of the selling fee. Many agents, regardless of their fee-split arrangement, don't know they are in business. Be careful with such an agent when considering them to list your home. If they can't manage their own finances properly how careful will they be with yours... your money... when it comes time to negotiate on your behalf and to protect you through the escrow process that is fraught with financial traps?! There is no "let's just try it", or "they can always make an offer" since marketing times have gone from a week to nine months on average. The costs and risk are just too high to put your hook in the water on a whim.

An agent must protect your property and investment as well as their time and financial expenditures when they take a listing. The art is to price it right - to get you the most possible in a reasonable period of time. Experience is Priceless! Lisa Wetzel & Jim Valentine, RE/MAX Realty Affiliates, 775-781-5472, carsonvalleyland@hotmail.com, www.carsonvalleyland.com

Domestic Horses At Risk In These Trying Economic Times!

Lisa Wetzel (RE/MAX Realty Affiliates) — Sun, 10 Aug 2008 06:30:17 -0500

Megan Gebhardt is a fellow REALTOR, a friend, and a huge horse advocate in our community. This abandonment is just the latest to occur in our small community, I believe it, unfortunately, may be just a sample of what is in store for these poor animals and the wonderful people who try to help them.

As economic strings tighten, it is increasingly harder to feed and house large animals and some poor folks are faced with turning their equines loose rather than watch them starve. The sad reality is that these domestics aren't fit for survival in the wild and search and seek out the more familiar habitat of local ranches rather than head for the hills!

A recent rescue was well documented ... Starving horses getting stronger ... Rescued horses at home in Fish Springs ... Starving horses get storybook ending ... in our local paper.

As horse owners and animal lovers we are saddened to see these drastic situations. We support the kind generous folks who open their homes and hearts to these four footed unfortunate souls.

A Whole Lot Of House With A Little Something For Everyone!

Lisa Wetzel (RE/MAX Realty Affiliates) — Thu, 07 Aug 2008 13:07:25 -0500

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Description

The unique design of this spacious family home makes it the perfect spot for a large family with a variety of interests. Large roaming ranch style with living room and family room, newly remodeled kitchen with tons of counter and cabinet space plus there are 5 bedrooms and three full baths. Spacious master includes private bath with jetted tub. The oversized three car garage has extra work space. Outside the landscaping is amazing with lush green lawns front and back, surrounded by many mature trees. The One acre parcel also features a complete horse setup with corrals and large barn that includes tack and hay storage.

Features

Bedrooms:	5
Bathrooms:	3
Parking:	3
Year Built:	1985
Subdivision:	Saratoga Heights #2
Lot Size:	1.00
Garage Size:	3
School District:	Douglas County School District
Square Footage:	2752
Agent Name:	Lisa Wetzel and Jim Valentine
Broker:	John Fisher
MLS #:	80012462

Location

1393 Saratoga Street Minden NV 89423

vFlyerId: 1797223

MLS Statistics for First 6 Months of 2008 for Carson Valley

Lisa Wetzel (RE/MAX Realty Affiliates) — Wed, 06 Aug 2008 14:23:51 -0500

Carson Valley Vacant Land Sales for First 6 Months

Units

2002 529

2003 500 -5.50%

2004 688 37.60%

2005 522 -24%

2006 350 -33%

2007 285 -18.60%

2008 251 -11.90%

Carson Valley Residential Sales for First 6 Months of Year

Units

2002 667

2003 742 11.20%

2004 914 23%

2005 884 -3.30%

2006 540 -39%

2007 308 -43%

2008 136 -56%

Carson Valley Residential Sales By Price Range 2007 VS. 2008

2007 2008

0- $100K 2 2

$100-$200K 12 41 242%

$200-$300K 80 102 27.50%

$300K-$400K 75 48 -36%

$400K-$500K 41 32 -22%

$500K-$600K 30 10 -67%

$600K-$700K 20 5 -75%

$700K-$800K 10 5 -50%

$800K-$900K 8 0

$900K-1MIL 2 2 0%

1 MIL 5 4 -20%

285 251 -11.90%

TAHOE on the Nevada Side ... Affordable Home! Just Reduced!

Lisa Wetzel (RE/MAX Realty Affiliates) — Tue, 05 Aug 2008 17:52:42 -0500

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Description

REDUCED! REDUCED! NEW PRICE!! Pest and Physical Inspections Completed!!! Ideally located in Ponderosa Park on Lower Kingsbury Grade. Many trees, private backyard, new exterior paint, new stainless range/oven, new stainless dishwasher, new redwood back steps, two sheds. Vaulted ceiling with skylights, woodstove in living room, nice floorplan, washer/dryer included (no warranty). Owners are licensed to sell real estate in the State of Nevada. Private perimeter lot. Fencing and gates ideal for pets. Modular home on eight point foundation. Vacant and ready to move in! All required repairs from Pest and Physical Inspections have been completed.

Features

Bedrooms:	3
Bathrooms:	2
Parking:	2
Year Built:	1991
Subdivision:	Ponderosa Park
Lot Size:	.08
Garage Size:	n/a
School District:	Douglas
Square Footage:	1458
Agent Name:	Lisa Wetzel/Jim Valentine
Broker:	RE/MAX Realty Affiliates
MLS #:	70022202

Location

169 Crescent (53) Stateline Nevada 89449

vFlyerId: 1398346

The Perfect Combination of Elegance and Comfort ... Just Got Better! Reduced to $899,000.00!

Lisa Wetzel (RE/MAX Realty Affiliates) — Sun, 03 Aug 2008 09:28:18 -0500

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Description

Whether for a large family, professional couple, or active retirees … this outstanding dwelling delivers the perfect combination of “Elegance and Comfort”. An absolutely wonderful home that was expertly constructed thoughtfully designed and impeccably maintained. Traditional multi-level plan offers many distinct living zones to accommodate a variety of life styles. Large inviting formal living room, a gourmet kitchen with breakfast bar and formal dining room make up the main floor, upstairs there are three family bedrooms with private baths, and above it all a elegant master suite with spacious bath featuring a double vanity, large soaking tub and walk-in shower plus a large dressing room and separate exercise room. Downstairs the den/guest quarters enjoy a separate private entrance that opens to a beautiful patio. This room could easily double as an in home office, in-law quarters or maid’s room. At the lowest level we find a giant family room with pool table, entertainment area, and insulated wine room. Located on 1.73 acres, the manicured grounds are a true delight, a tasteful combination of private fenced patio and deck, rolling lush green lawns and a variety or native brush and colorful blooms. There is a huge detached garage that matches the house and could easily accommodate cars, toys, RV’s or be completed and converted for many uses. All this plus the present zoning will allow horses.

Features

Bedrooms:	4
Bathrooms:	3
Parking:	8+
Year Built:	1985
Lot Size:	1.73
Garage Size:	8+
School District:	Douglas County
Square Footage:	4846
Agent Name:	Lisa Wetzel and Jim Valentine
Broker:	John Fisher
MLS #:	80011004

Location

940 Foothill Road Gardnerville NV 89460

vFlyerId: 1759332

REDUCED! $157,500.00 A Great Deal Just Got Better! A whole lot of house just waiting for you!

Lisa Wetzel (RE/MAX Realty Affiliates) — Sun, 03 Aug 2008 09:17:37 -0500

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Description

Back on the Market and Waiting for You! Turn Key and Ready to Go! Pest and Physical Inspections are completed and repairs have been made! Great family home on a large cul-de-sac parcel in a popular area of Carson City. The spacious home features a generous great room design living room that adjoins the dining room and bright kitchen. The kitchen has a newer dish washer, refrigerator, gas stove and breakfast bar. There are two oversized family bedrooms in addition to the large master bedroom with walk-in closet and private master bath that boasts double sinks, huge soaking tub and dressing table. Outside needs landscaping in the back yard but oh the potential. There are three large storage sheds one with power to it and a pad for your RV with hookups.

Features

Bedrooms:	3
Bathrooms:	2
Parking:	2
Year Built:	1992
Subdivision:	Centural East
Lot Size:	.16
Garage Size:	0
School District:	Carson City
Square Footage:	1560
Agent Name:	Lisa Wetzel and Jim Valentine
Broker:	John Fisher
MLS #:	80005807

Location

10 Century Circle Carson City NV 89706

vFlyerId: 1620656

Dramatic Price Reduction! L@@K! $449,000 Beautifully Constructed, Immaculately Maintaned

Lisa Wetzel (RE/MAX Realty Affiliates) — Sun, 03 Aug 2008 09:06:23 -0500

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Front Landscaping

Large Living Area

Beautiful Living Room

Living Area

Stunning Granite Kitchen

Lots of Room

Open Kitchen

Breakfast Nook

Office/Den

Family Bedroom

Family Bathroom

Master Bedroom

Large Master bedroom

Spacious Master Bathroom

Laundry Room

Lush Back Yard

Back Yard

Description

If you're looking for a large family home in an established neighborhood ... then this 2620 Sq. Ft. home is waiting for you. Spectacular mountain views and situated on a 1 acre lot. This quality family 3 bedroom, 2.5 bath split floor plan home features a spacious great room design with built-in entertainment center and large kitchen with granite tile counters, breakfast bar, nook and tile flooring. The lavish master bedroom boasts a generous master bath with shower stall, garden tub, and double sinks. A perfectly manicured exterior speaks for itself fully fenced and landscaped with automatic sprinkler and drip system, dog run and invisible fencing around entire yard.

Features

Bedrooms:	3
Bathrooms:	2.5
Parking:	3
Year Built:	2003
Subdivision:	Bramwell Homestead
Lot Size:	1.00
Garage Size:	3
School District:	Douglas County School District
Square Footage:	2620
Agent Name:	Lisa Wetzel and Jim Valentine
Broker:	John Fisher
MLS #:	70017214

Location

2707 Pamela Place Minden Nv 89423

vFlyerId: 1588190

Exciting Price Reduction on the Equestrian Homesite in East Carson Valley!

Lisa Wetzel (RE/MAX Realty Affiliates) — Wed, 30 Jul 2008 06:58:17 -0500

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Description

What a special piece of land this is! Located in the heart of Carson Valley,just minutes from town, this 9.73 acre parcel is ready and waiting for your dream home. Sweeping unobstructed panoramic Sierra Mountain views afford scenic beauty daily/hourly. Well and septic are in. There is also an RV barn with living quarters over, the perfect spot for "Buy Now - Retire Later". Currently tenant occupied. Zoned RA5.

Features

Acreage:	9.73
Zoning:	RA5
Sewerage:	Septic Is In
Water:	Well On Property
School District:	Douglas County School District
Agent Name:	Lisa Wetzel and Jim Valentine
Broker:	John Fisher
MLS #:	80005166

Location

2140 East Valley Road Minden NV 89423

vFlyerId: 1618860

Extraordinary Agricultural Parcel at the base of the Sierras in Carson Valley

Lisa Wetzel (RE/MAX Realty Affiliates) — Wed, 30 Jul 2008 06:48:50 -0500

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Description

This spectacular meadow property is surrounded by the beautiful Sierra Nevada Mountains and gorgeous panoramic views of the Valley!! Minutes from Lake Tahoe, close to skiing, fishing, boating and an easy commute to Reno. This property will need a well and septic. Fully fenced and corners are fully marked. New boundary line adjustment to record. Part of the Eagle View Meadows Estates and the perfect location for horses. New boundary line adjustment to record for 19 acre parcel. Prime agricultural land, pasture, water rights, privacy, great views. Buyer to verify the cost to hookup to all utilities.

Features

Acreage:	19.00
Zoning:	A19
Sewerage:	Will Need Septic
Water:	Will Need Well
School District:	Douglas County School District
Agent Name:	Lisa Wetzel and Jim Valentine
Broker:	John Fisher
MLS #:	80008520

Location

Lot 7 Eagle Meadows Gardnerville NV 89410

vFlyerId: 1735337

Here's The Update to My "Short Sale" Saga!

Lisa Wetzel (RE/MAX Realty Affiliates) — Sat, 26 Jul 2008 09:20:44 -0500

About a month ago I wrote a few lines lamenting my "short sale" experiences ... I've Found the Secret of "Short Sale" Success! ... And proclaiming my conclusion that the only money to be made while dealing with short sales is to teach the classes.

Well, here's the update! At the time I had two pending short sales, one is still pending and might, I said "might" actually close. The other was rejected by the lender and allowed to go to a foreclosure sale.

No one from the lender told us it was rejected, no one told us anything at all! One day, after days and days of calling, calling, calling ... proof! We magically actually reached a real live speaking person who researched the file on the computer and said, "Oh, that offer was rejected days ago."

No communication, no counter offer, no notice, nothing! When asked point blank what sales price was acceptable, no one could give us a number. What to do? The sale date was rapidly approaching in two days and we had no idea.

To complicate the matter ... we knew the BPO that the lender had in their file was substantially less than the offer on the table, we live in a small community in western Nevada and there are just not that many realtors so it was pretty easy to figure it out.

The buyer's agent was frantic to work this out because the buyer was his son so he had a very emotional and personal interest. The buyers would have paid more, the selling agent would have lopped off his commission to raise the net to the lender, there were many ways that we could have resolved this and closed the sale. All we needed was an intelligent thinking person on the other end of the phone with the ability to actually do something.

The rest of the story! The property was offered for sale on the courthouse steps the following day. No one bid so, the Lender now has another REO in their portfolio that they will have to process and sell.

The lender will hire a servicing company to secure the house, shut off the utilities so the beautiful lush landscaping quickly dies in the heat of August -(dead lawns are SOP for REO's), pay some other realtor to do yet another BPO, list the house with someone at a greatly reduced price because now it's an "REO". The bottom line is this, they will take the long way home and spend more money to get a lesser return. Is it any wonder that the mortgage industry is in such a state of confusion?

Here's the final absurdity, the price the house was offered for sale on the court house steps, the opening bid, was over $8,000.00 LESS than the written offer that was pending on the home.

I'm officially through with short sales ... let someone else be a hero but I'm done. This one really hurt in many ways.

The Perfect Combination of Comfort and Elegance at the base of the Sierra Nevada Mountains in Carson Valley

Lisa Wetzel (RE/MAX Realty Affiliates) — Mon, 14 Jul 2008 14:41:58 -0500

Links

Carson Valley Real Estate Website
Real Estate Blog
Myspace

Photo Gallery

Description

Whether for a large family, professional couple, or active retirees ... this outstanding dwelling delivers the perfect combination of "Elegance and Comfort". An absolutely wonderful home that was expertly constructed thoughtfully designed and impeccably maintained. Traditional multi-level plan offers many distinct living zones to accommodate a variety of life styles. Large inviting formal living room, a gourmet kitchen with breakfast bar and formal dining room make up the main floor, upstairs there are three family bedrooms with private baths, and above it all a elegant master suite with spacious bath featuring a double vanity, large soaking tub and walk-in shower plus a large dressing room and separate exercise room. Downstairs the den/guest quarters enjoy a separate private entrance that opens to a beautiful patio. This room could easily double as an in home office, in-law quarters or maid's room. At the lowest level we find a giant family room with pool table, entertainment area, and insulated wine room. Located on 1.73 acres, the manicured grounds are a true delight, a tasteful combination of private fenced patio and deck, rolling lush green lawns and a variety or native brush and colorful blooms. There is a huge detached garage that matches the house and could easily accommodate cars, toys, RV's or be completed and converted for many uses. All this plus the present zoning will allow horses.

Features

Bedrooms:	4
Bathrooms:	3
Parking:	8+
Year Built:	1985
Lot Size:	1.73
Garage Size:	8+
School District:	Douglas County
Square Footage:	4846
Agent Name:	Lisa Wetzel and Jim Valentine
Broker:	John Fisher
MLS #:	80011004

Location

940 Foothill Road Gardnerville NV 89460

vFlyerId: 1759332

The Boundless Living Challenge ... Make Sure You Listen To This Interview!

Lisa Wetzel (RE/MAX Realty Affiliates) — Sun, 13 Jul 2008 07:12:00 -0500

This is very exciting and very interesting! An interview on BlogTalkRadio.com by Dr. Deletitia Wright with Bob Doyle from "The Secret". I enjoyed listening and was very inspired by this interview!

http://www.blogtalkradio.com/wrightplacepodcast/2008/07/10/Bob-Doyle-from-the-Secret

Take 30 minutes and listen to this.

It's the "P" Word Again! P-R-O-S-P-E-C-T-I-N-G!

Lisa Wetzel (RE/MAX Realty Affiliates) — Sat, 12 Jul 2008 16:27:03 -0500

For ALL OF US who know what to do ... and fight tooth and nail to do just about anything else, I think I've found a great answer!

You Make The Call!

This is an inspired idea!

Nothing in our business will replace good old fashion work It's a numbers game and to be successful a great agent needs to talk to a lot of potential buyers and sellers. I believe this will help. Click the link, read the info, see for yourself!

Let's talk about "Pay for Referral Services"

Lisa Wetzel (RE/MAX Realty Affiliates) — Sun, 29 Jun 2008 19:10:54 -0500

I'd really like to know which "Pay for Referral" services AR Members have found to be valuable and worth the cost and which services are Shams and Rip-offs!

I recently joined Reply.com ... a referral service that gathers leads and sends them out to agents in the local areas for a fee. It sounded wonderful ... the theory is. Yet, what I have found is that the leads are gathered from a huge variety of sites and many of them aren't really viable real estate leads.

One example ... I received a referral from Reply that was a friend of mine and a local agent who works for another office. I don't think she will buy or sell from me so, of course, I declined the lead. Two leads were homes already listed; one was a man who logged into a site promising they would buy his home. He got mad at me because he thought he would be contacted by a home buyer - not an agent.

So ... any tips or ideas? Who have you used and what has been successful for you?

I've Found the Secret of "Short Sale" Success!

Lisa Wetzel (RE/MAX Realty Affiliates) — Sun, 29 Jun 2008 18:28:49 -0500

I think I've unlocked the secret to actually making money with short sales! I've worked hard all year on a variety of "Short Sales" with a variety of circumstances and a huge variety of lenders.

After 6 full months of diligently pursuing the listings, contacting the lenders, presenting the offers, thousands and thousands of pages of faxed and re-faxed contracts, and following through with the escrows: these are the final results ... ( Drum Roll Please!!!)

7 Short Sale Listings.

11 Offers to Purchase.

8 Accepted Offers that were submitted to Lenders.

10 Different ‘Negotiators" or "Loss Mitigators" or what ever else they call themselves.

5 Frustrated Buyers who walked after the time for Lender approval had come and gone, usually weeks and weeks after the approval time had expired..

2 Contracts still pending that we are trying to obtain "Lender Approval" on and close.

And ...

1 (count it ... ONE) Closed Escrow!

So ... after considerable reflection on the matter ... I have come to the conclusion that the only agents making any money on "Short Sales", are the agents who are teaching and selling the "How To Make Money with Short Sales" Classes.

Lovely Minden Home, Back on the Market and Better Than Ever

Lisa Wetzel (RE/MAX Realty Affiliates) — Wed, 25 Jun 2008 13:56:54 -0500

Links

Photo Gallery

Koi Pond

Spacious Kitchen

Vaulted Ceiling in Living Area

Finished Sun Room

Spacious Master Bedroom

Kitchen Adjoins Family Room

Prize Winning Roses

Potting Shed and Garden Storage

Description

Attractive three bedroom home on Tamarack Drive. in the heart of Minden! Lovingly maintained, inside and out! From the spacious living room including vaulted ceiling, ceiling fan, and pellet stove to the large family/sun room … comfort and convenience truly describe this lovely Westwood Home. Traditional style featuring a formal dining area, large living room adjoining a remodeled and expanded kitchen with tile counters, oak cabinets with plenty of storage and counter space. Sunroom was completed with a permit. Rose garden is lovely ... however, the rose society will remove all the rose bushes if a buyer doesn't want them. There is a large master bedroom that opens to the sunroom. The master bath features a jetted tub, double sinks, and loads of closet space. As much a pleasure outside as inside, a gardener’s dream with an award winning rose garden, relaxing koi pond, potting shed with garden storage, many mature trees, a spectacular view of Jobs Peak and the majestic Sierra Nevada Mountains, plus RV parking ! Additionally, there’s a three car garage with loads of built in storage and work space.

Features

Bedrooms:	3
Bathrooms:	2
Parking:	4+
Year Built:	1990
Subdivision:	Westwood
Lot Size:	.27 ac
Garage Size:	3 car finished
School District:	Douglas County School District
Square Footage:	1961
Agent Name:	Lisa Wetzel and Jim Valentine
Broker:	John Fisher
MLS #:	70014204

Location

839 Tamarack Drive Minden Nevada 89423

vFlyerId: 1406827