Buyer’s Alert – The Resort at Squaw Creek Auction


The Resort at Squaw Creek is a four-star resort featuring direct lift access to Squaw Valley for winter fun, a beautiful golf course for summer enjoyment, pools, hot tubs, spa, exercise facilities and on-site restaurants.

The developer will be auctioning their remaining inventory at the end of this month, with minimum bids starting at $130,000 for a one bedroom condo and $180,000 for a two bedroom condo.                                                           View Available Units

This is a great opportunity to get in at The Resort at rock-bottom pricing. Recent sales of similar two bedroom condos at The Resort have been anywhere from $378,000 to $500,000. 

I have a substantial amount of information and there is a buyer registration process so contact me today if you are interested in taking part in this auction.

Jamie Schou
Direct – 530-798-1393
jschou@kw.com

Buyer’s Alert – Two Well Priced Homes to Consider

We have come across two homes that are looking real good right now. The first just came on the market in Tahoe Donner, the second has been on the market for a while in Northstar but recently had a significant price adjustment. Both are bank owned.


11415 Sitzmark Way – Tahoe Donner
This home has lots of character and room for everyone! Classic log home construction with a bonus office used in the past as a fourth bedroom. This is a true mountain cabin that features wood flooring, open beamed ceilings, a huge master suite, hydronically heated driveway, and classic sauna room for your apres ski! The kitchen has had some remodeling done with a newer stainless gas range and stainless refrigerator. This home was listed last year at $649,999. Recent sales of similar sized homes in Tahoe Donner have been selling in the $259/sq ft range, while this home is listed at $140/sq ft.

View Listing Details        View All Tahoe Donner Home Listings


198 Basque Drive – Northstar
Big home with open kitchen, living and dining areas. Plenty of room for friends, family and guests with 5 bedrooms, 3.5 baths and ahuge loft. Great views of the golf course overlooking the 9th fairway and mountains beyond. Large sunny back deck, easy level access. Wonderful Northstar home with good rental potential for summer and winter. Updates include exterior siding, dual pane windows & french doors, tile entry and kitchen. Bank-owned, foreclosure opportunity, best buy in Nortstar! Recent sales of similar sized homes in Northstar have sold at about $282/sq ft, while this home is listed at $248/sq ft. The kitchen needs to be updated a bit, unless you really like pink tile. At this price, we figure a buyer could put up to $90,000 worth of upgrades before hitting the comp price level.

View Listing Details          View All Northstar Home Listings

Feel free to contact me for more info on either of these value priced listings, or any property you find of interest. View All Area Listings

Jamie Schou
Direct – 530-798-1393
jschou@kw.com

Tahoe/Truckee Weekly Market Update – March 7, 2011

Here are the vital statistics and activities for our market over the past week:
- 1,597 active listings
- 42 new listings this week, including 9 bank owned and 4 short sales
- 47 price reductions
- 15 new escrows, 159 current escrows
- 35 sold properties, including 9 bank owned and 5 short sales

Several new listings this week have caught our eye as offering a good value -
View This Week’s Values

Feel free to contact me to set up a tour of any of these properties, or with any questions.

View All Area Listings

Jamie Schou
Direct – 530-798-1393
jschou@kw.com

For Buyers:The Financial Opportunity of a Lifetime?

An interesting post from The KCM Blog

by The KCM Crew on March 2, 2011  – We often point out that a buyer should be more concerned about the COST of a home rather than the PRICE. Price obviously is a component of cost. However, unless you buy all-cash, you must also be concerned about the financing of the purchase. The price and the financing together determine the cost of a home. Today, we want to look at only the financing piece.

An opportunity exists today because of recent government involvement; an opportunity that may never again be available in our lifetimes. There has been much discussion about what role the federal government should have in supporting homeownership. We will leave our opinions on the debate for another time. However, we want to alert you to two advantages available to a purchaser today that may disappear in the future:

  • Historically low interest rates
  • The ability to lock in these rates for thirty years
  • Read the ful story HERE

    I am not sure what this lifetime holds for me but to lock in a loan at or below 5% for 30 years certainly seems like a great opportunity.  Contact me if you are interested in learning more about YOUR opportunities in the Lake Tahoe and Truckee area.

    Jamie Schou
    Direct – 530-798-1393
    jschou@kw.com

    Price Reduced – 8714 Rainbow Avenue – Offered at Only $269,000!


    Great Opportunity! This very well taken care of townhome in Kings Beach is situated just blocks from the lake, shops and restaurants. There is plenty of room for everyone with 3 bedrooms, 2 and a half baths and an attached one car garage. Gas fireplaces in the living room and master bedroom create a cozy atmosphere. Redevelopment in this up and coming area will bring in a new era. Don’t miss this short sale opportunity!!
    Contact me today for a personal tour. View All Area Foreclosure and Short Sale Listings

    View All Area Listings

    Jamie Schou
    Direct – 530-798-1393
    jschou@kw.com

    Buyers’ Alert – Value Priced Panoramic Lake View Home!


    If you have been looking for a home with a view at a bargain price- here it is! This home features panoramic lake views and a recent remodel including granite counters, updated kitchen, baths and more. The 2100 sq foot home has three bedrooms and three baths along with a two car garage. It enjoys a sunny location in close proximity to the casinos at stateline, restaurants in KB and Incline and more. Priced at $699,900, this home represents a great value for a lake view home. It comps well below other lake view homes of this quality, and even below non-lake view homes of similar size and quality. View Virtual Tour 
    Contact me today for more information and to schedule a visit, I don’t expect this home to be on the market very long!

    See All Lake View Listings

    Jamie Schou
    Direct – 530-798-1393
    jschou@kw.com

    Buyers’ Alert – New REO Listing Offering Great Value in Truckee!


    This is a  newly listed, bank owned property that offers a very good value. Delightful and completely remodeled cabin situated on a beautiful 1.54 acre lot zoned for horses! This is just minutes to downtown, but feels like it is way out there. Situated at the end of a cul-de-sac in lovely Prosser Heights, there is plenty of living space and well done finish work. New JW windows, birch wood floors, hickory cabinets, jetted tub, slate entry, trex decking, log wood railings, river rock wall and more! Property has one stall barn & hay barn. Incredible views of the Carson Range. Room to expand & adjacent to trails. View Listing Details
    Call me today for more information, or to schedule a tour.

    View All Area Listings

    Jamie Schou
    Direct – 530-798-1393
    jschou@kw.com

    New Listing in Kings Beach – 8714 Rainbow Ave – Offered at $300,000!


    Very well taken care of townhome in Kings Beach, just blocks from the lake, shops and restaurants. There is plenty of room for everyone with 3 bedrooms, 2 and a half baths and an attached one car garage. Gas fireplaces in the living room and master bedroom create a cozy atmosphere. Redevelopment in this up and coming area will bring in a new era. Don’t miss this short sale opportunity!!
    Contact me today for a personal tour.

    View All Area Listings

    View All Area Foreclosure and Short Sale Listings

    Jamie Schou
    Direct – 530-798-1393
    jschou@kw.com

    New Listing In Tahoe City – 555 Fairway Dr – Offered at $395,000


    Great location in Tahoe City, just a short stroll to shops, dining, nightlife, the beach and the river. Large home on wooded lot offers many possibilities and room for everyone with five bedrooms, three baths and two family rooms. Enjoy the front sunny deck with peak lake views or relax on the back deck with forested privacy. Featuring a newer roof and back deck that has been engineered for a hot tub, this home would make a great get-a-way, multi-group compound or full time residence. This home is offered as a short sale – make an offer today! Please contact me if you would like to tour this property in person.

    View All Tahoe City Home Listings

    Jamie Schou
    Direct – 530-798-1393
    jschou@kw.com

    New Listing at Tonopalo – Home #13F – Offered at Only $189,000!


    Tonopalo’s best deal!! What a price to own ON Lake Tahoe!! This is a cozy 3 bedroom, 3 and a half bath, one story, ground floor home with great access to the beach, pool area, and other Tonopalo amenities. This price is never before seen and won’t last long! 1/7th ownership guarantees 6 weeks of usage per year, plus unlimited space available time. View Virtual Tour Call me today to tour this incredible value!

    View All Tonopalo Listings

    Jamie Schou
    Direct – 530-798-1393
    jschou@kw.com

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