Good, only one new NOD this week.  Been shifting my clients into motivated sellers that are not upside-down on their mortgage.  Seems that more of the NOD activity has been due to homeowners over-encumbering their home with debit vs the decline of value in Incline Village and Lake Tahoe.   Some of the loan amounts of these problem sales are pretty incredible.  The property was most likely never worth what they borrowed to begin with.  There are just some great listings on the market right now without the hassle of a short sale and even the uncertainty of a short sale escrow ever closing.  Call me for more information.  Tim Lampe, your Realtor for 28 years.

 

NOD's SOLD (Removed from list)

593 N. Dyer Circle, APN 124-082-21, TS#1262451-11, Rec. 8/16/10 - Sold for $539,476

801 Northwood – Incline Manor #21, APN 132-03-021, TS#15717NV, Rec. 8/25/10 – Sold for $160,000

449 Lakeshore (lot), APN 123-250-08, TS#09007287, NOD Rec. 8/4/10

866 Northwood – Northwood Estates #26, APN 124-340-26, TS#136442NV, Rec. 7/20/10 – Sold for $179,500

 

CANCELLATION OF DEFAULT (Removed from list)

383 Willow Ct. –Tahoe Pines #3, APN 124-390-03, TS#10-31911-LL-NV, Rec. 8/20/10

1311 Moritz Ct. APN 126-460-14, TS#10-0062271, Rec. 7/1/10

929 Southwood, Tahoe Sierra Pines #22, APN 127-500-03, TS#10-41584-AS-NV, Rec. 8/20/10

 

NEW REOS:

807 Alder- Woodstock #19, APN 132-043-02, Rec.  8/23/10 – Back to beneficiary, no recorded docs yet

730 Country Club Dr., APN 128-051-04, Rec. 8/20/10, JPMorgan/Chase Bank, 7255 Baymeadows Way, Jacksonville, FL 32256

939 Incline Way – McCloud #216, APN 127-077-14, Rec.8/10/10, Wells Fargo, Bank, 1610 E. St. Andrews Pl., Santa Ana, CA 92705

 

NEW NODS:

400 Fairview – Bitterbrush #155, APN 126-292-295, TS#1249277-11, NOD Rec. 11/10/09 & 8/23/10

 

NEW NOTICES OF SALE:

321 Ski Way– Mtn. Shadows #71, APN 126-110-13, TS#09-0173885, NOD Rec. 12/3/09 & 3/19/10 – TRUSTEES SALE POSTPONED UNTIL WED. 10/6/10 AT 11AM

989 Tahoe Blvd. – Tahoe Racquet Club #17, APN 127-363-25, TS#14682NV, NOD Rec. 3/4/10 – TRUSTEES SALE SCHEDULED ON THURS. 9/9/10 AT 11AM

872 Tanager – Pinebrook #40, APN 132-560-23, TS#10-0003933, NODs Rec. 1/21/10 & 2/18/10  – TRUSTEES SALE POSTPONED UNTIL FRI. 9/17 AT 11AM

929 Southwood – Pinewood #18, APN 127-490-03, TS#NV0957972-2, NODs Rec. 10/13/09 & 1/22/10 – TRUSTEES SALE POSTPONED UNTIL TUES. 10/26/10 AT 11AM

590 McDonald, APN 124-083-15, TS#09-47885-WF-NV, NOD Rec. 1/4/10 09 - TRUSTEES SALE POSTPONED UNTIL MON. 10/25/10 AT 11AM

929 Dorcey, APN 125-161-25, TS#1241431-11, NOD Rec. 9/24/09 – TRUSTEES SALE SCHEDULED ON TUES. 8/31/10 AT 11AM

1049 Tomahawk, APN 130-081-15, TS#NV-09-299746-CL, NOD Rec. 7/14/09 – TRUSTEES SALE POSTPONED UNTIL THURS. 9/3/10 AT 11AM

806 Geraldine, APN 125-233-06, TS#134134NV, NOD Rec. 4/27/09 –TRUSTEES SALE SCHEDULED FOR FRI. 9/17/10 AT 11AM