Voice of Reno-Tahoe Real Estate

February 2010 Blog Posts (9)

Olympic Bronze Medalist, 4 Time World Champion, Chase International Agent

After becoming the first skiier to reach 150 mpr, Jeff Hamilton now works as a real estate agent for Chase International. Below is an article about his years as a speed skiier.

February 22, 2010

Eighteen years ago, Jeff Hamilton found himself catapulted from pretty fast skier to Olympic medal winner.

Auburn born and raised, Hamilton blistered a half-mile run down a French… Continue

Added by ChaseNation on February 22, 2010 at 5:16pm — 1 Comment

"StoneGate" in the Reno Gazette Journal

February 20, 2010

Tahoe home features interiors by noted White House designer

Provided by Chase International

INCLINE VILLAGE -- President Obama White House designer Michael S. Smith's sophisticated, yet inviting design style is reflected throughout a stunning Lake Tahoe residence now offered by Chase International for… Continue

Added by Shari Chase on February 22, 2010 at 9:00am — No Comments

Will fining lenders help with Modifications?

On December 1, 2009, the Treasury announced that is was going to begin fining services that fail to permanently modify as many mortgages as the government thinks they should be.

Servicers failing to meet performance obligation under the Servicer Participation Agreement will be subject to consequences which could include monetary penalties and sanctions.

When a mortgage is modified, it must first go through a trial phase. The problem however is that in many cases these…

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Added by Josh Talayka on February 21, 2010 at 11:01pm — No Comments

Assembly Bill No. 471 changes who may be awarded a deficiency judgment in Nevada.

In the state of Nevada, it has been possible for a borrower to receive a deficiency judgment even after they’ve already lost their home to foreclosure. Effective October 1, 2009 Assembly Bill No. 471 addressed this issue by limiting who may be awarded a deficiency judgment relating to real property. Below are a few portions of the Assembly Bill that I believe are of importance,

See:…

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Added by Josh Talayka on February 18, 2010 at 11:30am — No Comments

Ben Bernanke Announced That The Fed Discount Rate Will Go Up!

This past week Wall Street reacted negatively to a report by the Federal Reserve Chairman, Ben Bernanke. He announced that the Fed Discount Rate will go up. This sent the Dow Jones Average down by about 100 points. So what is Wall Street worried about? My guest this week is Norm Hansen from Amwest Mortgage. Listen as he gives the perspective from the lender world.

Tune in on Saturday at 9:15 AM PST to KTHO radio at 590 AM or 96.1 FM or… Continue

Added by Jim Wire on February 12, 2010 at 8:00pm — No Comments

Tahoe Donner Market Update - January 2010

10 single family homes sold in Tahoe Donner during the month of January 2010. This is an increase compared to January of 2009 with only 9 homes selling last year. The least expensive home sold for $279K and the most expensive home sold for $750,000. The average days on market for these sold homes was just 39 days. The average sales price was $482,010 and the median sales price was $430,000. 83 single family homes are now listed in Tahoe Donner. 14 are short sales and 2 are bank owned.… Continue

Added by Jean Ludwick on February 11, 2010 at 8:32pm — No Comments

Treasury sets guidelines on “Short Sales”

On Monday November 30, 2009, the U.S. Treasure set guidelines on a plan for mortgage companies to speed up “Short Sales” and other loan modification alternatives. These new guidelines will become effective on April 5, 2010

New Short Sale Guidelines

Should you have any questions or need further information,

please don't hesitate to contact me, (775) 220-1630

Or…

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Added by Josh Talayka on February 9, 2010 at 4:53pm — No Comments

The Morality Of Walking Away From Your Mortgage

This has been a hot topic in the media lately and it makes for a lively discussion. You may wish to listen in on my radio show which is KTHO radio, 590 AM, 96.1 FM or listen on the internet and Click Here.

Ron Yokotake from Associated Mortgage was brave to let me interview him on this topic. As a mortgage broker, he is on the front line and he gives you an interesting perspective. When people get in trouble with their… Continue

Added by Jim Wire on February 6, 2010 at 7:48am — No Comments

Lake Tahoe real estate: How to sell a $12.5 million home in Incline Village

By John Seelmeyer

Northern Nevada Business WeeklyShare on Facebook Email Print Comment Recommend

RENO, Nev. — Every multi-million dollar house on the market, Megan Warren says, needs a story.

Maybe it's a story about the role of the home in history. Or the part it played in a famous life.

So when the Donovan Group of Chase International sat down to begin developing the marketing plan for a 7,130-square-foot home in Incline Village that just hit the market with a… Continue

Added by Kerry Donovan on February 2, 2010 at 9:09am — No Comments