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Posted by: Bruce & Sandy Soli | June 7, 2011

Incline Village Foreclosure Update

Slow down, speed up or steady foreclosures in our market???  We would report it’s sporadic and steady.  We go through bursts of activity, then a slight slow down, then a speed up and then back to steady.  It will be awhile before we are out of these woods, so be prepared for the long haul and more sporadic times and hot pockets of good deals in the market.  Below is the most recent update on Foreclosures, Potential Short Sales and altogether Distressed Properties in the Incline Village/Crystal Bay Areas.  Call us for more information on how to avoid going into foreclosure or if you are on the buyers side…how to make the most of the foreclosure/short sale experience.

Check out these graphs, compliments of First American Title Co in regards to distressed properties in Washoe County for April 2011.  Did you know that Incline Village had 5 Notice of Defaults (NOD’s), 14 Notices of Sale and 3 Trustee Deeds for the month of April this year?  That is almost 1% of the total NOD’s and Trustee’s Deed and 3% of the Notice of Sales in all of Washoe County (remember Incline is lumped in with all of Reno).  Last year in April, Incline had 7 NOD’s, 6 NOS and 3 Trustee Deeds.

For a complete list of distressed properties, visit us on-line at www.solirealestate.com/foreclosuresandshortsales.html

SOLD (Removed from list)

738 Kelly, APN 124-031-19, Rec. 5/31/11 – Sold for $265,000

807 Alder – Woodstock #79, APN 132-057-07, Rec. 5/31/11 – Sold at Trustee’s Sale for $103,501

725 Fairview – Incline Pines #10, APN 126-302-16, Rec. 5/31/11, Aurora Loan Services, 10350 Park Meadows Dr., Littleton, CO 80124 – Sold for $425,000

872 Tanager – Pinebrook #59, APN 132-570-26, TS#1043267-WF-NV, Rec. 5/26/11 Federal Nat’l Mortage Assn FNMA, 135 N. Los Robles Ave., Pasadena, CA 91101 - Sold for $70,000

1327 Tirol, APN 126-510-08, TS#142794NV, NOD Rec. 5/27/11 – Sold for $240,000

CANCELLED (Removed from list)

321 Ski Way – Mtn. Shadows #214, APN 126-152-20, TS#N57878, NOD Rec. 6/30/10 – HOA paid

NEW REO:

658 Tumbleweed, APN 125-541-11, Rec. 6/6/11 – Back to beneficiary; no recorded docs yet

872 Tanager – Pinebrook #40, APN 132-560-23, Rec. 5/27/11 – Back to beneficiary; no recorded docs yet

NEW NODs

601 Cynthia Ct.APN 125-161-23, TS#147121NV, NOD Rec. 5/31/11

795 Mays, APN 127-090-04, TS#F11-00341NV, NOD Rec. 5/31/11

740 Mays, APN 122-194-26, TS#20055, TS#09053943, TS#17418, NODS Rec. 6/8/09, 3/2/10 & 3/26/10 & 5/12/11 & 5/27/11

1048 Warbonnet, APN 130-082-26, TS#10-43303-WF-NV, NOD Rec. 5/25/11

1132 Altdorf Terrace, APN 126-082-24, TS#147000NV, NOD Rec. 5/25/11

NEW NOTICES OF SALE:

968 Granite Ct.APN 128-060-08, TS#11-40523-WF-NV, NOD Rec. 3/10/11– TRUSTEES SALE SCHEDULED ON  TUES. 7/5/11 AT 11AM

1314 St. Gallen Ct.APN 126-521-08, TS#09-0105113, NOD Rec. 2/25/11– TRUSTEES SALE SCHEDULED ON  THURS. 6/16/11 AT 11AM

295 Tuscarora, Crystal Bay, APN 123-165-16, TS#11-00471-3-NV, NOD Rec. 2/7/11– TRUSTEES SALE SCHEDULED ON TUES. 6/28/11 AT 11AM

820 Oriole – Royal Pines #56, APN 132-252-33, TS#11-0002887, NOD Rec. 1/20/11– TRUSTEES SALE POSTPONED UNTIL FRI. 7/1/11 AT 11AM

781 Mays, APN 127-090-02, TS#10-0157120, NOD Rec. 12/6/10 – TRUSTEES SALE POSTPONED UNTIL FRI. 7/15/11 AT 11AM

54 Shoreline CircleAPN 122-161-01, TS#10-0135584, NOD Rec. 10/21/10 – TRUSTEES SALE POSTPONED UNTIL FRI. 7/1/11 AT 11AM

1357 Valais, APN 126-470-04, TS#NV-10-396534-CT, NOD Rec. 10/18/10 – TRUSTEES SALE POSTPONED UNTIL THURS. 6/23/11 AT 11AM

751 Tahoe – Toepa #19, APN 132-191-01, TS#141587NV, NOD Rec. 8/12/10 – TRUSTEES SALE POSTPONED UNTIL FRI. 7/1/11 AT 11AM

725 Fairview – Incline Pines #13, APN 126-302-13, TS#057-012063, NOD Rec. 7/6/10 – TRUSTEES SALE POSTPONED UNTIL TUES. 6/21/11 AT 11AM


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