On January 26, 2015, FHA reduced its annual mortgage insurance premium rates by .50% for most new mortgages – lowering monthly payments and increasing your opportunity to achieve homeownership. How you can benefit: With the reduction to mortgage insurance premiums, you may qualify for a larger purchase price If you currently have an FHA loan, you may be eligible to refinance and Continue Reading
Valentines Day Kiss Cookies
Kiss Cookies Valentine’s Day is a few days away, here is a yummy recipe to help you celebrate it! I’ve rounded up a favorite and easy Valentine’s Day recipe you can share with your loved ones. 1 cup butter, softened, ½ cup sugar, I tsp. vanilla, 2 cups flour, I cup walnuts, chopped fine, 1 (5 ½ oz.) package chocolate kisses, Confectioner’s sugar. Heat oven to 375°. Beat butter, sugar & Continue Reading
South Lake Tahoe Realtor Angie Clark to Appear in HGTV’s House Hunters!
Check out this article regarding my upcoming appearance on HGTV's House Hunters: http://southtahoenow.com/story/12/01/2014/south-lake-tahoe-new-home-hunting-experience-filmed-hgtv-house-hunters Continue Reading
Happy Thanksgiving!
Fabulous Home for Sale in Lake Tahoe!
1177 Aravaipa St in South Lake Tahoe listed for $329,000. Lovely chalet in the woods featuring cedar lap siding with log accents. Great neighborhood near the end of a quiet cul-de-sac. 3 bedrooms plus loft, 2005 roof, newer energy efficient appliances, double pane windows and 2 skylights in upstairs bath. New carpet on stairs and second story. Conservancy lots in front of property and forest Continue Reading
Common Ways of Holding Title
Sole ownership - may be described as ownership by an individual or other entity capable of acquiring title. Examples of common vesting cases of sole ownership are below: A Single Man/Woman - A man or woman who is not legally married or in a domestic partnership. For example: Bruce Buyer, a single man. An Unmarried Man/Woman - A man or woman who is not legally married or in a domestic Continue Reading
Are you up to speed on the Qualified Mortgage rules?
Ability to Repay/Qualified Mortgage (QM) Rule The new ATR/QM rules created by Dodd-Frank Wall Street Reform and Consumer Protection Act went into effect on January 10, 2014. Congress created the CFPB to make sure financial markets work for consumers. The CFPB created rules for mortgages and consumer financial products. A Few Key Points about Qualified Mortgages: Limits on loan features No Continue Reading
Home Improvements That Add the Most Value
Many sellers want to know they will get a good Return on Investment (ROI) for any remodeling done on their home. Considering our mountain climate, I always suggest replacing windows and other energy efficient upgrades. I do not recommend replacing or adding carpet. Today's buyers want wood or tile floors. Click link below to check out a great article written by Collen Kane which gives estimates Continue Reading
Using a Property Manager vs. Renting Your Vacation Home by Owner
More and more visitors to Lake Tahoe are opting to rent a home or condo verses staying in a hotel. Why? More space, more amenities, stocking a kitchen with food for a week verses going out for every meal, private bedroom spaces, and ability to share a unit (and the costs) with more family and friends. Savvy second home buyers are taking advantage of this trend to earn some money when they aren’t Continue Reading
How To Read a Preliminary Title Report
A preliminary title report is issued before an actual title policy and is designed to assist in the issuance of a final title policy by detailing the conditions involved. Once an offer is accepted escrow will be opened and a title search is done and matters relevant to coverage for that property are assembled in a report. The preliminary report is then sent to the applicant and contains a list of Continue Reading
