Welcome to our newly designed website! It just went “live” on Friday night November 20, 2009. We decided that it was time for a fresh new look and we hope you will like it.

It is going to take a few days to add back in the valueable content that we had on the old site, so please be patient as we add pages and news and Information to the site. It will be under construction for a few days, but still very useable.

As a tribute to our “old” site, here’s a little image of it. It served us well over the last 5 years . . .

$8,000 First-time Home Buyer Tax Credit

• The $8,000 tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase.
• The tax credit does not have to be repaid unless the home is sold or ceases to be used as the buyer’s principal residence within three years after the initial purchase.
• The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.
• The tax credit applies only to homes priced at $800,000 or less.
• The tax credit now applies to sales occurring on or after January 1, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, a home purchase completed by June 30, 2010 will qualify.
• For homes purchased on or after January 1, 2009 and on or before November 6, 2009, the income limits are $75,000 for single taxpayers and $150,000 for married couples filing jointly.
• For homes purchased after November 6, 2009 and on or before April 30, 2010, single taxpayers with incomes up to $125,000 and married couples with incomes up to $225,000 qualify for the full tax credit.

$6,500 Move-Up / Repeat Home Buyer Tax Credit

• To be eligible to claim the tax credit, buyers must have owned and lived in their previous home for five consecutive years out of the last eight years.
• The tax credit does not have to be repaid unless the home is sold or ceases to be used as the buyer’s principal residence within three years after the initial purchase.
• The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $6,500.
• The tax credit applies only to homes priced at $800,000 or less.
• The credit is available for homes purchased after November 6, 2009 and on or before April 30, 2010. However, in cases where a binding sales contract is signed by April 30, 2010, the home purchase qualifies provided it is completed by June 30, 2010.
• Single taxpayers with incomes up to $125,000 and married couples with incomes up to $225,000 qualify for the full tax credit.

Single Family and Condo/Townhome Listings

Click the following links to see the current list of REO (Bank Owned/Foreclosures) & Short Sale homes in the areas:

Tahoe Donner Homes

All Truckee Homes

North Lake Tahoe Homes

Ski Resort Area Homes

All Surrounding Area Homes (including Donner Summit, Serene Lakes, and Plumas and Sierra Counties)

NOTE: The properties you see in these listings are the current listings of properties in our MLS database. For the most up-to-date information on these listings please contact us.

No Longer for Sale – Property is Available for Rental

		MLS#:	2901823 (before withdrawal)
		Area:	Truckee
		Subdivision:	Prosser Lake Heights
		Beds:	3
		Baths:	2.5
		Square Feet:	2872
		Garage:	2
		Year Built:	1987 (recently remodeled)
		No. of Acres:	0.91
		View:	Wooded Mountain
Private, spacious home on almost an acre with mountain views in convenient Prosser Lake Heights! Remodeled kitchen (granite, alder cabs, Sub Zero) and baths. Redwood siding, large decks, huge rec room with hot tub. Two garages plus carport. Excellent for vacation home or full time.   View Virtual Tour
Click on the photos below to enlarge: