Lake Tahoe Real Estate
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Guide to Buying a Lake Tahoe Home

Buyer’s Guide

Why should you use Dan Spano to help you purchase a Lake Tahoe Home?

Dan takes pride in consistently providing excellent service for years after the close of escrow.  He uses his 30+ years of Lake Tahoe real estate experience in helping you find the right home, whether it will be your full time residence, a vacation home or an income property. He is well versed in all aspects of Lake Tahoe real estate and is licensed in both states, California and Nevada.   Dan finds great satisfaction in helping clients achieve their real estate goals. It’s not about the transactions, it’s about the people and what’s important to them.

Take a look at Dan’s Lake Tahoe Buyer’s Guide. This has a brief description of South Lake Tahoe’s neighborhoods and an introduction to Team Paradise

Some reasons to work with Dan:

1.  Research – Dan uses the best tools available to dig deep on every property and analyzes every transaction to know what you can expect during your home buying experience. No stone will be left unturned.

2.  Experience – Dan has been in the Lake Tahoe real estate market for over 30 years.  He has also built homes, bought and sold his own homes, knows all of the local regulations and can inform you on all local issues.

3.  Negotiating Skills – You always want to have a man of Dan’s character and experience representing you at the bargaining table.  He’ll take his deep knowledge of the real estate market and put it to use, getting you the most home for the best price.

4. He works for YOU – Dan is a consultant and not a salesmen.  He will always have your best interest in mind during every step of the home buying process, after all, he works for you!

5. Good Reviews – Dan’s #1 goal is to be referable. Check out his reviews.  Did you know that whenever you look for an agent or broker you should always check for their referrals and reviews.

More reasons to work with Dan were covered in a recent article.

Did you know?

That the quality of your Real Estate buying experience is determined by who you hired as your Realtor and has nothing to do with the Real Estate company he or she works for.

Directly calling the listing agent on a property you are interested in is not to your advantage and could cost thousands of dollars. When you have the listing agent who already has the seller’s best interest in mind also represent you when making an offer, this puts the Listing agent into a “Dual Agency” situation. If you see a property that you want to make an offer on I suggest you hire an experienced Realtor to represent just you in the transaction. The misconception is that a buyer could save money going directly to the listing agent when it is exactly the opposite. The seller pays the commission for both the Listing agent and Buyers agent which is traditionally split between both agents. Of course the listing agent won’t tell you this because they would receive the entire commission  instead of  traditional 1/2. This is referred to as “Double Ending” the transaction.

The Process of Buying a Lake Tahoe Home

Dan covered the Top 10 Ways to look for a home in Lake Tahoe in an article, but here is a list of what to expect from beginning to end.  You can also check out his Top 6 Methods for finding your Lake Tahoe dream home.

1.  Preparation – Wanting a home in Lake Tahoe is the easy part, now you have to figure out how to get the ideal home for you at the best price and with a smooth transaction!  Since Lake Tahoe rests in two states and five counties, where do you want to buy a home, or does it matter?  There are distinct differences in both states as well as in the northern or southern regions of the lake. Dan will help you decide on the best neighborhood based on what  you’re looking for.  If you plan on financing your home it’s very important to get pre-qualified from a mortgage broker in advance of your home search so that you are prepared to make an offer when you spot the ideal home.

2.  Search – Now comes the fun part, looking at homes!  Dan’s state of the art website has up to the minute accuracy so the moment a home is listed (or sold), his website reflects the status. He makes it easy by dividing the lake into four regions (North CA, North NV, South CA, South, NV).  He has pages dedicated solely to lakefront homes for sale as well as luxury homes, foreclosures and short sales. You can search by price, size and neighborhood. Signing up for email notification is key, you will get listings matching your criteria on a daily basis, keeping you abreast of the market. You can even watch videos of Lake Front homes for sale.

Don’t forget to download Dan’s Mobile App for quick and easy property searches on-the-go!

Click  HERE  to send a link to your email on your cell phone

– OR –

 Text “SIERRAEF” to 87778 and a link to download the App will be texted to your cell phone

3. Find – You’ve found the home that is right for you.  After you’ve toured the home Dan will evaluate the market, the history, the house and help you come up with the price you should offer for the house.  It takes an experienced broker to take the available data, market intuition and local knowledge to get you the best deal.

4. Make an offer  – Dan will complete paperwork for you  and present your offer.  If you are financing you must present your pre-qualification letter with your offer. If you are paying cash a Proof of Funds document is necessary to include with the offer. Now it’s a waiting game.  The seller has a defined amount of time to reply with either acceptance, counter or rejection of the offer. Depending on how the seller responds to your offer will determine what your response should be, and your real estate agent will consult you.

5.  Escrow  Your offer has been accepted and escrow is now opened and the time line to close date starts.  You will be assigned a Title officer in charge of the transaction details. More details on this in another article.

6.  The keys are yours! Close of escrow is now final and time for celebration, you now are the proud owner of your Lake Tahoe home! You pick up the keys and the house is yours!

I am Always Here for You

My service doesn’t end when you get your keys.  I have built a reputation around being your real estate agent for life.  My clients are my friends.  My circle of service providers is large and carefully screened, so if you need recommendations for local businesses, please don’t hesitate asking. Any questions arise, feel comfortable in calling at any time.

 

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