jessie wetzel: How Do We Compare Homes By Comparing Price Per Square Foot?
- 02/17/09 07:09 PM
It is common practice in this region to compare and buy homes on a square foot basis, but that can often lead to some confusion. If you are looking at a 1,500 square foot home, for example, you can find anything from two to five bedrooms. The garage can be non-existent, or have a three car capacity. And of course there is the matter of location. A 1,500 square foot home in Monte Carlo will cost you $6,630,000! In Dayton, Nevada that can be under $150,000 today. Minden, Nevada - roughly $255,000. Location does matter! Some local location aspects to consider … (3 comments)
jessie wetzel: Our Home Hasn't Sold ... Should We Hold An Auction?
- 02/03/09 06:41 AM
Real Estate auctions have been around a long time, but rarely have they occurred in our market ... until now. We participated in two different local real estate auctions last weekend. Are they a substitute for a traditional selling process? That depends on your specific ownership status and property situation. One of our bank-owned listings was part of a 300-plus home auction based out of Las Vegas. Advertised opening bids were low - some in Southern Nevada as low as $500 and $1,000. Our listing opened at $89,000, list price is $229,415. The low opening bids generated interest, but the proverbial … (1 comments)
jessie wetzel: Our Home Hasn't Sold ... Should We Hold An Auction?
- 02/03/09 06:39 AM
Real Estate auctions have been around a long time, but rarely have they occurred in our market ... until now. We participated in two different local real estate auctions last weekend. Are they a substitute for a traditional selling process? That depends on your specific ownership status and property situation. One of our bank-owned listings was part of a 300-plus home auction based out of Las Vegas. Advertised opening bids were low - some in Southern Nevada as low as $500 and $1,000. Our listing opened at $89,000, list price is $229,415. The low opening bids generated interest, but the proverbial … (1 comments)
jessie wetzel: Can We Buy A Bank-Owned Property In Disrepair With A New Loan?
- 01/27/09 10:44 AM
Many homes for sale these days are owned by a "bank", properties that were taken back by the lender for non-payment. With their "floors of attorneys" it is natural that the banks are to be protected when they sell their assets. As such, when you buy a bank-owned property it is As-Is ... no disclosure, no repairs, no liability for condition of the home. That is understandable as they have no knowledge of the specific property, but the very nature of their situation and ownership has worked against them. When a bank takes over a property they immediately turn off the … (7 comments)
jessie wetzel: Communities of Carson Valley
- 01/24/09 10:37 AM
The Carson Valley is known for its three major communities, Genoa, Gardnerville and Minden. There have been many other settlements along the way, however, and several of them continue to have their name used as a reference to the part of the Valley where they were located. Cradlebaugh was started by William Cradlebaugh, builder of Cradlebaugh bridge, the first bridge over the Carson River. It still used today on U.S. Hwy 395 by people traveling from Minden to Carson City. It actually had a post office on two occasions, the last closed January 15, 1900. Waterloo was a settlement founded in … (0 comments)
jessie wetzel: Ferris Wheels and Studebaker ... An interesting Carson Valley Connection
- 01/24/09 09:45 AM
The Carson Valley is a stimulating place to live as evidenced by the high ratio of social contribution to population. From a small farming community with a Pony Express stop in the 1800's to under 10,000 residents in 1970, the population has always been small, but the contribution of its citizenry to society noteworthy. Some historic examples: The sensation of the 1893 World Columbian Exposition in Chicago was the Ferris wheel. Now an exhilarating feature at carnivals and theme parks around the globe, it was a novelty at the time. The original Ferris wheel was designed by George Washington Gale Ferris, … (0 comments)
jessie wetzel: Beautiful Carson Valley, Nevada
- 01/24/09 02:43 AM
The beautiful Carson Valley has enamored all who lay eyes on her, from the settlers moving West in the 1800's to the modern California evacuee. The spectacular Sierra Nevada range borders the western edge of the Valley rising 3,000 up from the Valley floor. The signature view of Job's Peak is featured in local art and photos as well as being a cause for home orientation as they optimize views. To the East the Valley abuts the Pine Nut Mountains, home of the largest population of wild horses in the world. Though the Valley floor is primarily deeded ground, the mountains … (4 comments)
jessie wetzel: What "Really" is the Southwest? Can Anyone Tell Me? Where is Nevada?
- 01/21/09 09:02 PM
I went looking for activerain groups that featured Nevada. According to active rain, Nevada must be in the Southwest Region. OK! There are 132 groups listed in the "Southwest" area of activerain. So, let me see, "Southwest" ... Does that mean Hemet/ San Jacinto Real Estate, Middle Tennessee Top Real Estate Listings with Virtual Tours , Texas Gulf Coast, Huntington Beach, or Albuquerque Living ! Well, that's interesting. I went looking for a "Group" to reflect our Northern Nevada Lifestyle. None of these seem to really fit. In my mind southwest conjures up pueblo style, cactus, tile roofs and open spaces. San … (5 comments)
jessie wetzel: Our Seller Lowered Her Own Price Then Called Us To Let Us Know What She Had Done.
- 01/19/09 03:02 PM
For several days we tried to reach one of our sellers to let her know about a couple of new listings in her neighborhood ... and basically ... tell her we needed to reduce her price. We Left a couple of messages explaining that. This afternoon she called us, said she had removed the flyers from her brochure box, reduced the price on the flyer $40,000.00, and, "Thought she ought to let us know what she had done!" This was a new one on us! We said, "Thanks!" and asked her to send us an email instructing us to make the … (11 comments)
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jessie wetzel: The Kids Next Door Are Loud ... I Don't Want To Lose My Sale ... Do I Tell The Buyer?
- 01/13/09 09:43 PM
Anything that is not readily apparent, and could be an annoying factor to a new Buyer should be disclosed in one way or another. "Loud" is very subjective, and what might be noise to some ears is music to others. That includes kids at play - some people chuckle at the sound while others groan. You can't be the judge for your Buyer, however, so we think you should disclose all such tranquility anomalies. We are asked on a regular basis what should be disclosed... "do we have to disclose _______"? Many want to rely on the Caveat Emptor philosophy that … (11 comments)
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