How NOT to Buy a Foreclosure on the Courthouse Steps in Douglas County Nevada! - 07/30/09 06:28 PM
Usually Carson Valley homes can be purchased on the Courthouse steps in Douglas County Nevada - or so I'd been led to believe...but this story may change your mind!

So I have this client, Angela (names have been changed to protect the enraged), whose family used to own a home in the Carson Valley. About 8 years ago, her parents sold the home that she grew up in and moved away. Apparently, this home had significant sentimental value for the children - and now the many grandchildren, nieces and nephews - and they've always said "If that home comes back … (4 comments)

But It's My Stuff!!?! When REO's Go Bad with a Previous Tenant... - 07/29/09 04:33 PM
So yesterday my Dad and I get a new REO assignment - a single family house in the Johnson Lane area in one acre. We look at the MLS record when it last sold (2002). We know better than to expect it to look like this since we've sold some dogged listings before.

We go out to do an occupancy check, and FAS has secured the property, put decals in the windows, and put a FAS lockbox on the front door. Oddly enough, there are two people in the garage with two trucks in front of the house sifting through … (9 comments)

July Homes Sold in the Carson Valley - How's It Looking? - 07/29/09 12:56 PM

How many homes sold in the Carson Valley in July 2009?
Well, today is only Wednesday, July 29th, so the official numbers are still 2 days away, but...whenever it gets to be the last few days of the month, I start itching to pull the Homes Sold in the Carson Valley so I can see how the monthly sales and determine if we're on track. Here's how July is shaping up in the Minden and Gardnerville area:
As of July 29th, here are some market indicators:
42 homes have sold in July 2009 Average asking price is $392,629 Average selling … (0 comments)

JUST SOLD - 1454 Heaven Drive, Sparks, Nevada - SOLD for $348,000 - 07/27/09 06:12 PM
Wow! This house sold at a fantastic price of just $348,000 or $118 per square foot - and it wasn't bank owned or a short sale.
This home is fantastic - from the laminate wood floors to the close-in location, it was hard to beat! This home has been meticulously cared for & it shows. Fresh paint, new baseboard, gourmet kitchen, dual zone heating & air, completely landscaped on a 1/2 acre - including a stamped concrete patio and walk, loads of room for toys. Convenient to freeways, schools and shopping.







This fantastic home … (3 comments)

JUST SOLD - 630 Aja Place, Dayton, Nevada - $126,000 - 07/27/09 06:05 PM
630 Aja Place just closed on July 24th and is a 4 bedroom, 2 bath, 2 car garage house on a 1/3 of an acre. It's a great house on a corner lot with central refrigeration air conditioning. There is plenty of room for RV parking. Inside, the house has been well cared for. This is another bank owned home that sold above asking price with multiple offers in the Dayton, Nevada area.




If you live in this neighborhood, stop by and introduce yourselves to your new neighbors. I know they were delighted to win this bid … (2 comments)

Carson Valley History: Nevada's Humble Beginnings - 07/26/09 10:19 PM
The History of the Carson Valley - Nevada's Humble Beginnings - dates back to the 1850's and features a rich historical heritage. Back then, Genoa, formerly known as Mormon Station, was the first settlement, before Nevada was even a state! Nevada became a state on October 31, 1861, when it was formally separated from the Utah Territory. Today, the state still celebrates it’s statehood each year. The state celebrates Nevada Day on the last Friday of October, and banks, post offices, schools, and all other government offices are closed. Nevada’s Humble Beginnings
Back in the 1850’s, the Carson Valley quickly became … (3 comments)

Life is Just a Day at the Beach in Northern Nevada! - 07/19/09 06:12 PM
On Thursday, I played hookey and went to the beach. (Actually, if you ask my husband, he'll tell you that I brought my Blackberry with me and answered emails and took phone calls but hey, what's a girl to do?!?)
We went to our favorite place at Lake Tahoe - Sand Harbor. Sand Harbor is easily accessible from Reno via SR341 (Mt. Rose Highway) or from the Carson City/Carson Valley area via Highway 50 to SR28.

There are several beaches and it's almost surreal every time I go. This time we went to the cove, not the larger beach that … (3 comments)

JUST SOLD - 1720 Granite Chief Drive, Double Diamond Ranch, Reno $265,000 - 07/17/09 09:46 PM
We sold this fantastic Double Diamond Home in the Classics Village in just 3 days at full list price! If you are considering selling and trading up into a larger house, let us put the power of RE/MAX to work for you!
1720 Granite Chief Drive is a great 4 bedroom, 2 bath, 3 car garage home in the Classics at Double Diamond. This fantastic home features a combination formal living room/dining room off the foyer (don't miss the coffered ceiling) and then a great room with unobstructed views of Mt. Rose and the Sierra Nevadas! The spacious kitchen has … (5 comments)

Minden Single Family Home REDUCED: 1503 Deseret Drive NOW $356,900 - 07/17/09 09:39 PM
I simply can't believe how low the bank is going to sell this house! You have GOT to check it out: It's a brand new 2,492 square foot, 4 bedroom, 2.5 bath house with a 3 car garage for $356,900!
1503 Deseret Drive in Minden is a brand new, never been lived in home withing walking distance to historic downtown Minden. Enjoy the spectacular year-round views of the majestic Sierra Nevada Mountains from the Great Room and Master Bedroom. This home features 4 large bedrooms, 2-1/2 baths and a 3 car garage with room for a shop. One bay has tandem … (2 comments)

JUST SOLD - 707 Mahogany Drive, Dayton, Nevada - $162,000 - 07/15/09 06:29 PM
This great home just sold today to first time homebuyers in the beautiful Dayton Valley area of Northern Nevada.
This home was a wonderful bank owned property in Riverpark with custom paint and a spacious floorplan., featuring a fully landscaped front yard with auto sprinklers & auto drip in both front & back. The new owners will enjoy sitting on their customized front porch featuring Italian ceramic tile flooring and ceiling fan. The spacious back yard is large enough for a pool or more - you have plenty of room for a garden or whatever your heart desires! I wonder what … (1 comments)

Carson Valley Real Estate Market Mid-Month Update: 07-15-09 - 07/15/09 06:12 PM
As of today, 22 homes have sold for the month of July in the Carson Valley Nevada area. 130 homes are pending close of escrow. Most closings are scheduled toward the end of the month, so it appears that the Carson Valley market is continuing to churn along nicely and there is activity in the market. This is very promising.
There are 465 homes available for sale and this number does not include the 130 that are pending close of escrow. That's up slightly from the beginning of the month but still a very healthy number indeed. Activity on homes priced … (1 comments)

And You Thought You Were Closing Today! Lenders now dictate Closing Dates! - 07/15/09 04:08 PM
Did you think your contract dictated the closing date? Thanks to HERA, HOEPA, TILA and Regulation Z, that power has now been usurped and handed to your lender.

As of July 30, 2009, amendments pertaining to the Home Ownership and Equity Protection Act (HOEPA) and the Housing and Economic Recovery Act (HERA) take effect. They new rules were written to make the process of obtaining a mortgage more transparent to consumers, and to protect consumers by keeping them more informed, and thus making them more confident about the process of obtaining a mortgage. These regulations are in addition to the … (6 comments)

NEW PRICE - 1301 Santa Barbara Drive - Minden NV - Reduced to $339,900 - 07/13/09 11:56 PM
This home has been completely painted inside and out and it shows! New carpet and sheet vinyl wood styled flooring will have you thinking its hardwood, but it’s a snap to maintain! Very spacious rooms, a large family room, sunny eat-in kitchen with lots of cabinets, oversized 2 car garage, plus a large workshop out back wired for 220. Beautifully landscaped and perfect for entertaining. Convenient to schools, 395, recreation & more!








Situated on 0.71 acre lot and built in 1989, the home has great location and great use of yard and space. … (2 comments)

Carson Valley Nevada Bank Owned Homes: Inventory Update 07-11-09 - 07/11/09 11:22 PM
Over the last six months, the real estate market conditions in the Carson Valley Nevada area have changed substantially. Just as buyers were reluctant to accept the slide in values over 2006-2009, it seems that buyers are reluctant to accept the fact that the market is moving much more quickly. Bank owned properties appear to be the reason why our market has changed direction.
Here is what the market looks like today for bank owned homes in the Carson Valley Nevada area:

As you can see from reviewing the chart, the bank owned properties have all but cleared out of … (1 comments)

Go Dad Go! Bittersweet Moments for a Father/Daughter Real Estate Team! - 07/10/09 06:34 PM
I love working with my Dad, even though if you'd asked me in my 20's if I would have wanted to, I would have said NO WAY!
Life was much different then, and I had very strong opinions. Well, I still have strong opinions, but maybe we've both just managed to look at things differently, because we're having a blast working together as a father/daughter real estate team.
Today, we had tickets to go to our local minor league baseball team, the Reno Aces. All 6 of us were going to go - my Dad, Mom, my husband, our two … (4 comments)

There Are Many Reasons For The Housing Collapse - Here's A Congressional Report On The History Of One - 07/10/09 01:04 PM

Via Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate (Long and Foster® Real Estate, Inc.):
Few will doubt that the housing collapse has many partners, but one of the recurring themes is the role of Fannie Mae and Freddie Mac in our current financial crisis.
The Congress has issued a report, "The Role of Government Affordable Housing Policy in Creating the Global Financial Crisis of 2008."
A couple of the conclusions which are detailed in the report are:
Political pressure on Fannie Mae and Freddie Mac lead to the erosion of responsible lending practices. Housing prices outpaced income due mainly … (1 comments)

Bank Provides 6% Seller Credit After Contract Acceptance: REALLY??!?! with Christianne Gordon - 07/09/09 06:29 PM
It's been a while since I have written a REALLY??!?! blog, but I just couldn't resist sharing this moment with you...
Steve (aka Dad) got another REO listing about a month ago and it was a decent property with an incredible price! Right from the start we had LOTS of showings, and multiple contracts. I think he ended up with 8 that he went back out to and requested the obligatory "best and final" from.
Once Steve had back all the best and final offers, he submitted them to the bank, and the bank chose one. This is all pretty basic … (28 comments)

Carson City Nevada Real Estate Market Update: June 2009 - 07/08/09 11:05 PM
Carson City saw a bit of a derease in the number of homes sold in June compared to May. In June, 33 homes sold compared to 40 in May. However, when you compare June 2008 to June 2009, year over year volume is up. In June 2008 only 27 homes sold. Some pundits think that year over year is a better comparison that month over month because it compares a similar time of year. 
A whopping 88% of the homes (or 26 homes) that sold in June went for less than $200,000, demonstrating that home affordability is back in our … (1 comments)

Dayton Valley Nevada Real Estate Market Update: June 2009 - 07/08/09 07:05 PM
Today there are 107 homes for sale in the Dayton Valley area. This is down from 136 homes available for sale from a month ago and 146 from two months ago. Of the 107 homes available for sale, 16 are bank owned and 23 are short sale. That means 39 - or 36% - of the market is distressed. This is the same as last month when the numbers were different, but 35% of the market was distressed. It appears as though the Dayton market is no longer suffering from excess inventory - not to mention excess distressed inventory - dragging … (2 comments)

Gordon named Realtor of the Quarter by Sierra Nevada Association of Realtors - 07/08/09 06:21 PM

Of the 700+ members of the Sierra Nevada Association of Realtors, I was nominated and selected to receive the Realtors of the Quarter award. It all stemmed from a bank owned listing.
Many of you know I represent banks as a listing agent for REO properties. I received a call about 45 days ago from an agent I'd never worked with before in neighboring Carson City about a property I just listed in Dayton, Nevada. She'd left me a message about her clients who were in their fifties, but were first-time homebuyers nonetheless, that had been beaten out on a … (3 comments)

Truth In Lending Changes Take Effect July 30, 2009 - 07/08/09 10:08 AM
Jim writes an excellent explanation of the new Truth In Lending changes and how they will affect real estate transactions starting July 30, 2009!
Via Jim Valentine (RE/MAX Realty Affiliates):
Truth In Lending Changes Take Effect July 30, 2009Predatory lending practices played a large role in the recent global economic collapse. Those practices included funding loans with falsified information, hidden costs and charges. They also packaged subprime loans as prime loans and resold them to international investors. The resulting negative ramifications have been felt globally as the investments proved to be not what they appeared to be ... for the investor and the … (1 comments)

REO Mosquito Breeding Grounds - 07/07/09 06:11 PM
Steve writes a great post on the mosquito front here in Northern Nevada. If you're going to have a water feature, it's important that it not become stagnant. There is also great information on assistance from Douglas County to come out and treat any ponds nearby if needed.
Via Stephen Orear, Realtor®, CDPE Carson City NV Real Estate Specialist (Northern Nevada Real Estate - REMAX Realty Affiliates):
I was assigned a new REO yesterday. I went right over to the property to check it out. The first task is always an occupancy check. I was relieved to find that the previous owners had … (0 comments)

Things to Do In and Around the Carson Valley - 07/07/09 01:24 PM

Via Stephen Orear, Realtor®, CDPE Carson City NV Real Estate Specialist (Northern Nevada Real Estate - REMAX Realty Affiliates):
If you are fortunate enough to live in or near the Carson Valley, a plethora of year around recreational opportunities awaits you.  We love this place! You can snowboard, golf and mountain bike all in the same day!

I was riding my mountain bike in the Pinenuts (BLM land just east of Gardnerville) when I came across a friend. He said he was out for a triple crown. He had just come down from Ski Heavenly where he snowboarded in the morning. … (0 comments)

Minden Single Family Home: 1301 Santa Barbara Drive Minden Nevada $354,900 - 07/06/09 10:35 PM
This home has been completely painted inside and out and it shows! New carpet and sheet vinyl wood styled flooring will have you thinking its hardwood, but it’s a snap to maintain! Very spacious rooms, a large family room, sunny eat-in kitchen with lots of cabinets, oversized 2 car garage, plus a large workshop out back wired for 220. Beautifully landscaped and perfect for entertaining. Convenient to schools, 395, recreation & more!








Situated on 0.71 acre lot and built in 1989, the home has great location and great use of yard and space. … (2 comments)

NEW LISTING - Dayton Nevada Single Family Home - 176 Six Mile Canyon Road $135,000 - 07/06/09 10:22 PM
Honey stop the car! 176 Six Mile Canyon Road is a 4 bedroom, 2 bath, 2 car garage home on 0.53 acres built in 1990. The home is 1,440 square feet and is priced to MOVE at $93.75 per square foot! There is room here for RVs, boats, jet skis, trailers, quads and toys of all kinds. Nice laminate flooring with a generous open floor plan welcomes you home. Pick apples off the trees on this large property. Fully fenced with chain link.
  
  
  
This home is a bank owned property and is being offered "as … (4 comments)

Carson Valley Nevada Real Estate Market Update: June 2009 - 07/06/09 09:30 PM
The Carson Valley Nevada Real Estate Market saw 56 homes sold in June, up from 40 sales in May and 37 sales in April, so the good news is volume is trending up.
The average per square foot price ticked up slightly to $151.03, but the sales price as a percentage of asking slipped half a percentage point to 96.06%. These two indicators moved in opposite directions. Why, you ask? Well, while 75 % of the sales in June were under $350,000, 25% of the sales were higher. That's 4% more sales this month than last month in the higher … (1 comments)

4th of July Festivities - Northern Nevada style! - 07/02/09 05:47 PM
Are you trying to decide what type of Independence Day celebration you'd like to attend in Northern Nevada? Here is the definitive list of all the parades, fireworks shows, and philharmonic events in the Reno, Sparks, Carson City, South Lake Tahoe and Carson Valley locations. There's something for everyone for the 4th of July.
This 4th of July weekend is sure to be extra fun since it falls on a 3 day weekend. Events begin on Friday, July 3rd and will run through Sunday, July 5th. Here's a list of the major events taking place around the Northern Nevada area:
 
… (21 comments)

 
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Christianne Gordon, REALTOR® e-PRO CDPE SFR Carson Valley Real Estate Specialist

Gardnerville, NV

More about me…

Carson Valley Homes and Land - RE/MAX Realty Affiliates

Address: Carson Valley Homes, Gardnerville Homes, Minden Homes, Carson City Homes, Dayton NV Homes, Reno Homes, Sparks Homes, Galena, Spanish Springs, South Meadows, Somersett, Northern Nevada Homes, Carson Valley, NV

Office Phone: (775) 782-8777

Cell Phone: (775) 881-8223

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Christianne Gordon provides exceptional real estate service to buyers and sellers in Reno, Sparks, Carson City, Dayton, Washoe Valley, Gardnerville, Minden, Genoa and beyond.

She is a recognized short sale expert across Northern Nevada as a CDPE, SFR and PSC. Considering a short sale in Northern Nevada? Contact her now at 775-881-8223 or chat with her below.



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