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Real Estate Lake Tahoe Article

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Getting Real About Real Estate

from: Carol Moore


For the average citizen, purchasing a piece of real estate can be the most risky, expensive yet most thoroughly rewarding venture they will take on in their lifetime. The ownership of property is a longstanding dream for many generations who, with hard work and dedication, can find themselves on the receiving end of benefits that come from home or property ownership. With so many aspects to consider when it comes to the topic of real estate, it can be rather easy to become confused and intimidated by the subject. Luckily, there are a number of resources and experts committed to helping others understand the ins and outs of real estate and all the nuances that go with it.

When deciding to venture into the world of real estate, the first crucial step is to make sure that all the necessary homework is done before ever making a move. More than likely, one will be using a professional realty expert or service. Even this choice must be researched ahead of time. Real estate, like other areas of commerce, is one that is wrapped and bound in laws, guidelines and regulations that constantly change. There are licensing requirements for professionals, forms, procedures and a number of other issues at stake that must be properly in place in order for any transactions to be considered legitimate and legal.

For the most part, the process of becoming a property owner is not one that needs to be overly difficult. However, in the unfortunate circumstance that things hit a snag, it is good to be equipped with solid information. It is not uncommon for first time or inexperienced buyers to be taken advantage of by unscrupulous individuals or outfits who prey upon a buyer’s naiveté of real estate procedures. Many who have negative first time experiences fault their lack of knowledge for a majority of their troubles. While it is always important to be clear on the details, it is doubly important that one never be forced to make decisions right away. The purchase of real estate is nothing to be rushed.

While getting through the process can seem somewhat daunting, the purchase of real estate should be looked on more as an educational opportunity. A good realty agent or company is willing to take its time to explain the process in full so that the buyer wholly understands his or her options. Since this is likely to be a very major purchase, it is common sense that it should be one that the buyer is totally comfortable with. When all is said and done, new owners not only have the pride of homeownership under their belt but the numerous financial and tax benefits that go with it also.


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Real Estate Lake Tahoe News

Home prices, sales plummet at Lake Tahoe (The Sacramento Bee)

Even Lake Tahoe's million-dollar homes are finally feeling the real estate slump. Average home prices in the Sierra resort fell 26 percent during 2008, to $1,018,085, according to the Nevada-based real estate firm Chase International. Lake Tahoe-area home sales were down 16 percent from 2007, with 693 sales reported. Incline Village had the largest price and sales volume declines in 2008, ...

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Volunteer Corner: Jerry Pearlman Residence: Tahoe City Occupation: Real estate (Sierra Sun)

The Tahoe City Rotary donates dictionaries to each third grader at Tahoe Lake elementary. Why? In order to provide an excellent resource book for each student in class and at home. The dictionaries are a gift for them to keep.

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Harold A. Ellis Jr. dies at 77; co-founder of the Grubb & Ellis real estate company (Los Angeles Times)

Ellis also helped launch CataList Homes Inc. Harold "Hal" A. Ellis Jr., a founder of real estate services firm Grubb & Ellis Co. and one of the best known figures in U.S. real estate, died Monday of metastatic melanoma at his home in Piedmont, Calif. He was 77.

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Tahoe project wins praise but forces locals to relocate (Tahoe Daily Tribune)

STATELINE - Norma Thayer found paradise on the shores of Lake Tahoe three decades ago. Years later, a developer did the same thing.

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