Looking to score a GREAT deal on a home in Incline Village or Crystal Bay?  Check here periodically for an update on what is happening with Bank Owned Properties, REO-Real Estate Owned Properties and Short Sales.  Click here for the extensive list and most recent updates!

Updated Foreclosure, Short Sale and Distressed Properties for Incline Village, NV.  Rough times are not over for many homeowners in our area.  If you know someone underwater on their home, make sure they are working with a Certified Expert who knows how to help.

The following is an updated list of distressed properties including both foreclosures and short sales in Incline Village Real Estate.  Click here for the full story…

Three newly built Tahoe style homes have just been listed as bank owned in the $1.5MM range. These 4,000+/- sq ft homes are beautiful examples of Tahoe architecture, with great mountain views, open sunny 1/2 acre lots, and close to everything! I do think these will go into contract soon, if the bank is willing to entertain lower offers- see Campbell Court listing details and photos and contact Lexi 298-3250 for more info, to see the homes and make an offer.

857 College Listing Info and Photos

855 College Listing Info and Photos

851 College- coming soon

Your weekly update for Incline Village Real Estate is here, brought to you by Team Soli of Intero Real Estate Services.  Although it seems much slower as Winter winds down and Spring is in bloom, there was still activity on the home sales front for the week of March 15th-21st.  Remember that Incline Village and surrounding areas of Lake Tahoe thrive on the arrival of buyers when they come to town for skiing, water sports and other adventures that each season brings, but as theose season come to an end and the new ones are not yet fully in bloom we run into a few slower weeks.  This was one of them, but thankfully not a total dud!  Click here for all the details…

Yes, they happen everywhere and to all walks of life.  Incline Village, NV is not immune to Foreclosures, short sales and other forms of distress.  Property values are down and many people across the nation are finding themselves in situations they never thought possible.  There is help out there and there are some great deals to be had in the market.  You just need to find them and be ready to pounce.

Here is this week’s update on the Distressed Homes in the Incline Village Real Estate Market:

More activity in the distressed property and foreclosure arena in Incline Village, NV.  This week:

NEW NODs:

564 Ponderosa, APN 122-126-17, NOD Rec. 2/18/10

989 Tahoe Blvd. – Tahoe Racquet Club #71, APN 127-362-18, NODs Rec. 2/12/10 & 2/18/10 – Bank & HOA

872 Tanager – Pinebrook #40, APN 132-560-23, NODs Rec. 1/21/10 & 2/18/10- Bank & HOA

NEW NOTICE OF SALE:

920 Wendy #1, APN 131-410-01, TS#136854NV, NOD Rec. 8/28/09 – TRUSTEES SALE POSTPONED UNTIL TUES. 6/1/10 AT 11AM

926 Tyner Way, APN 125-162-14, TS#130430NV, NOD Rec. 1/7/09 – TRUSTEES SALE SCHEDULED FOR MON. 3/15/10 AT 11AM  (previously removed).

869 S. Dyer, APN 124-083-05, TS#130979NV, NOD Rec. 2/11/09 – TRUSTEES SALE POSTPONED UNTIL FRI. 4/30/10 AT 11AM

For a complete list of foreclosures and distressed properties go to www.solirealestate.com and click on the Foreclosure link.

More activity coming up. Experts say Jan/Feb of 2010 should be a real sign of the times ahead for more foreclosures and short sales to hit the market. More loans will be adjusting and more homeowners are sure to find themselves in the heat. If you or someone you know needs help, refer them to a CDPE-Certified Distressed Property Expert who can help them.  Click here for the full story and this week’s update…

Here are the latest and greatest details on distressed properties and foreclosures in Incline Village, Nevada Real Estate.  No, the problem has not gone away and we continue to see new homes hit the Notice of Default list, go to short sale and worse, foreclosure.  Read the whole story here…

A bit slower this week, but still properties are added and sold from the list.  This week as of 11/11/09:

825 Southwood Blvd – Southwood Pines #5, – SOLD BACK TO BENE. NO RECORDED DOC YET.

NEW Notice Of Defaults:

702 College – Incline Crest #73

NEW NOTICES OF SALE:

108 Steam Circle - SALE POSTPONED UNTIL 12/8/09

549 Boothill Ct.– SALE POSTPONED UNTIL 12/8/09

725 Fairview – Incline Pines #10– SALE POSTPONED UNTIL 12/9/09

121 Juanita – Forest Pines #2-21 –SALE POSTPONED UNTIL 11/10/09 (we believe this was sold at auction, but has not been recorded yet!)

Click here for a full list of foreclosures and distressed properties.

Did you know that Incline Village Foreclosure are at a current high of 139 homes?  This, with an estimated total home count of 3465.  Of these homes 598 are in pre-forclosures, 90 are in default, 51 are at Trustee Sale level, 72 are already bank owned or REO (Real Estate Owned) and total resale properties are at 374 and 11 For Sale By Owners.  This data is collected from the number one website for foreclosures…Realty Trac as of November 6, 2009.

Foreclosure Heat Rate Map September 2009

Foreclosure Activity & Home Price Index for 89451

Geographical Comparison for the Area and State of Nevada

Foreclosure Activity By Month

Washoe County Activity Map

So, What happened in Incline Village this week…

Removedfrom list – Cancellation of default

945 Harold Dr. – Chateau Apt. #6

Removed from list – SOLD

321 Ski Way – Mtn. Shadows #181

861 Jeffrey – SOLD FOR $338,000

820 Oriole Way – Royal Pines #84– SOLD FOR $335,000

702 College Dr. – Incline Crest #76 – SOLD FOR $215,000

NEW NODs:

820 Oriole – Royal Pines #66

NEW NOTICES OF SALE:

28 Somers Loop

719 James Ln.- NOTICE OF SALE on 11/18/09

807 Snead Ct.– NOTICE OF SALE on 11/30/09

972 Fairway View Ct. – NOTICE OF SALE on 10/19/09

Click here for a complete list of distress properties, short sales, foreclosures and bank owned homes in Incline Village.

Graphs and Data provided by Realtytrac.