Northern Nevada Real Estate Blog

New homes for sale in Reno Nevada at Dorado in Damonte Ranch!

Nevada home buyers! Now is a great time to take advantage of winter savings from Toll Brothers at Damonte Ranch!

Part of a new master plan community, Dorado at Damonte Ranch is taking shape in South Reno. This family-oriented community is located less than three miles from Damonte Ranch Parkway and US 395.

Nestled against the Virginia Range foothills, Dorado at Damonte Ranch has stunning mountain views and is close to shopping, recreation and employment centers. This exciting new community features luxurious homes offering up to 3,300 square feet of living space. Prices start in the lower $300,000's.

 Damonte Ranch also features an extensive trail system that connects neighborhoods and parks, perfect for an evening walk or an invigorating bike ride.

Nature is right outside your Dorado back door here in South Reno. Damonte Ranch has more than 174 acres of protected, scenic wetlands and over 200 acres of open space.

The beautiful, natural setting surrounds the homes in this community is a valued part of the residents who live in and love this area.

 Some amazing features about Dorado By Toll Brothers ~ These single, family, luxury homes are conviently located near the Damonte Ranch Trails that connects neighborhoods to parks! This gated community is enjoyed and appreciated by all who move here.

Dorado at Damonte Ranch is conveniently located just 20 minutes for our locals favorite ski area,  Mt. Rose Ski Resort and is loacted just 45 minutes from the beautiful and picturesque Lake Tahoe!

Shopping for a home in Damonte Ranch?

Here's why is now a great time to buy a home built by Toll Brothers:

 Toll Brothers is offering up to $10,000 in incentives if you purchase before February 28, 2010. Call me to find out how to make these incentives  work best for you.

 ~ Now is a great time to take advantage of low interest rates!

 ~ Now is the time to buy a home and still qualify for 2010 home buyers Tax Credits! Call me at 775-846-5424 for additional information regarding the home buyers and move up tax credits before it is to late.

Shopping for a home in Northern Nevada ~ Call me to help you get started! 775-846-5424.

Looking for a New Home? Dorado at Damonte Ranch is now offering winter savings. Let me assist you in your transaction and find out more about these winter savings.

New Homes for Sale in Reno Nevada At Dorado in Damonte Ranch!     

Come to my Open House in southwest Reno, Nevada on Saturday, February 6, 2010

4288 Muirwood Circle, Reno Nevada ~ From 1pm to 4pm

4288 Muirwood Circle is a stunning, contemporary home situated on a .62 acre lushly landscaped lot with RV parking and a 3 car garage. Sweeping views of the city are enjoyed from many rooms of this three bedroom home as well as the two covered decks. Owners have made many additional features to this home. Please watch the following video to see this beautiful home.

Video Tour

 Reno Nevada Open House ~ 4288 Muirwood Circle ~ Southwest Reno

If you are a first time home buyer today you may already know about the $8000 first time homebuyers tax credit.

 The tax credit has been extended. 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.

Here are a few facts about $8000 tax credit:

~It is for homebuyers who have not owned a primary home in the last three years

~The tax credit is equal to 10% of the sales price up to a maximum of $8000

~The tax credit applies to homes priced @ less than $800,000

~Single tax payers income limit is $75,000 and married $150,00 if filing jointly

~You claim your credit on your federal income tax return. Specifically, home buyers should complete IRS Form 5405 to determine their tax credit amount.

For additional facts about the extended $8000 tax credit visit www.federalhousingtaxcredit.com.

If you are looking for a home in Northern Nevada and would like to start your home search for a new home on line, visit Serving Reno and Sparksand get started now. You still have plenty of time to search your home, qualify and have plenty of time to be in your new home before the $8000 first time home buyers tax credit expires.

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The following information is for homeowners who want to move up or move down (repeat home buyers) and wish to qualify to the $6,500 tax credit.

The Worker, Home ownership, and Business Assistance Act of 2009 has established a tax credit of up to $6,500 for qualified move-up/repeat home buyers (existing home owners) purchasing a principal residence after November 6, 2009 and on or before April 30, 2010 (or purchased by June 30, 2010 with a binding sales contract signed by April 30, 2010).

Here are a few facts about the $6500 Move Up/Move Down Tax Credit:

~ All buyers who are repeat homes buyers or wish to move from their current residence are all eligible to claim the $6500 tax credit.

~To qualify for the tax credit you need to have owned and resided in the same home for at least five consecutive years of the eight years prior to the purchase date.

~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 to homes priced at less than $800,000.

~The tax credit does not have to be prepaid

~The income limit for single taxpayers is $125,000; the limit is $225,000 for married taxpayers filing a joint return.

For additional information about the $6500 Move up/Move down repeat home owners tax credit visit www.federalhousingtaxcredit.com.

If you are interested in moving up or downsizing to a different home and would like to search on line for a Northern Nevada home, visit Serving Reno and Sparks to start your home search right now. You still have plenty of time to search for a home, qualify and still be eligible for the $6500 move up tax credit.

775-846-5424 Email

Communities Served

• Carson City
• Dayton
• Incline Village
• Reno
• Sparks
• Sun Valley
• Verdi
• Virginia City
• Wadsworth
• Washoe Valley

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Information about the new home buyer tax credits

 

Northern Nevada Regional Multiple Listing Service recently introduced Listingbook to its members and I am so excited to be able share this news with you.

Now you will be able to search for homes listed for sale in Northern Nevada like your real estate agent does. 

Buyer's~ By setting up your free account, you will receive daily, weekly or monthly housing reports. Set up the criteria you are looking for in a home and find you dream home through Listingbook.

Seller's ~ If you list your home  with me, I will be able to market your home more effectively. Buyers looking for a home like yours will be sent a property profile immediately.

Listingbook will generate more traffic viewing your home. Listingbook could potentially get your home sold more quickly.

Find out more about Listingbook by visiting my website. Learn how Listingbook can benefit you as a seller and a buyer. Listingbook is only available in 17 different MLS services across the county. I am so pleased that the Northern Nevada Regional Multiple Listing Service has decided to partner up with Listingbook.  Now all of my clients will have the ease of searching for Northern Nevada home on-line.

Northern Nevada Regional MLS Introduces Listingbook

~ 10325 Mountain Dew Circle Reno, Nevada 89523 ~

New list price: $246,000

10325 Mountain Dew Circle  in West Suburban Reno, right inside of Mogul!

 10325 Mountain Dew Circle Located on a quiet cul-de-sac in beautiful Mogul, you are sure to fall in love with this warm and inviting home. Situated on a large lot with room for just about any size RV, the spacious backyard is surrounded by trees, has a dog run, is fully fenced with and has a large patio, it is quiet and private!

Inside is a updated kitchen with tile counter-tops, gas stove and breakfast nook. You will find a warm fireplace, vaulted ceilings, fans, wood floors, and a wet bar separating the dining room and family room. Newer double pane windows with vinyl frames have been installed.

This single family home was built in 1988. It is nearly 1900 square feet in size. There are three bedrooms, two full bathrooms with a separate laundry room. Two car attached garage and a separate drive way to park you R.V. Lot size is approximately .42

There are no HOA's.

Singe story home with annual taxes of approximately $1870 annually.

This home is a short sale. The sale has been approved. Last buyer pulled offer at last minute. Negotiator standing by for new offer!!!

School Information:

Washoe County School District 

~ Elementary ~ Verdi ~ 775-345-8100 ~ 250 Bridge Street, Verdi, NV 89439

~Middle ~ Billinghurst ~ 775-746-5870 ~ 6685 Chesterfield Lane, Reno NV 89523

~High ~ Reno ~ 775-333-5050 ~ 395 Booth Street, Reno NV 89509

Back on The Market With New Lower Pricing ~ 10325 Mountain Dew Circle Reno Nevada 89523

Just listed with Terrie Leighton ~ 13372 Mount Lassen Reno, Nevada 89506

Single Family Home For Sale ~ Asking Price $45,000

13372 Mount Lassen Street is located in the Stead area of Reno, Nevada. This single family home was built in 1952. It is approximately 1192 sq. ft. and has three bedrooms and one bathroom. The kitchen and bathroom were both updated. The refrigerator will stay with the home.

 The living and dining area has high ceilings which make this home feel very open and roomy. Your will find a large laundry room just down the hall from the living area. Not to close to the bedrooms so noise should not be a factor.

The one car garage is detached with a breezeway that leads from the garage to the kitchen. The home sits on nearly one half acre. There is a large storage shed the comes with the property. The back yard is fully fenced. To the left of the garage is the R.V. access that leads to the back yard.

This home is a short sale listing. The owner is asking a lower price than what he owes on the property. Therefore, the terms and conditions will be set by a third party.

 13372 Mount Lassen is located just of U.S. 395 and Stead Blvd. This area is in North Reno, Nevada and is approximately 20 minutes from downtown Reno.

Reno Homes For Sale ~ 13372 Mount Lassen Reno, Nevada 89596

Special Pricing on New Construction Homes in Damonte Ranch, Reno Nevada. Great news for first time home buyers who want to take advantage of the First Time Home Buyers $8000 Tax Credit can still purchase and close by the end of November 2009.

Dorado at Damonte Ranch  is a new home community with homes built by Toll Brothers. Located just South of Reno, Dorado is nestled against the Virginia Foothills and is close to the Summit Shopping Mall, the Mount Rose Ski Resort, schools, and is just minutes from the Reno/Tahoe International Airport.

Here are some of the features you will find in the homes in Dorado:

~Gourmet kitchens with granite slab counters, large center islands, lots of cabinet and counter space.

~Upgraded counters and flooring throughout.

~Covered walk out balconies.

~Pavers on driveways, side courtyards and rear patios.

~Low E windows.

~Breathtaking views of mountains.

~Two car garages

Homes are priced from the lower $300,000. For limited time take $20,000 off of homes ready to close by November 30, 2009. Receive a bonus for signing and buying! New Construction homes are offering sales to those who purchase and close by the end of the year.

If you are looking for a new home and want to take advantage of the First Time Home Buyers $8000 Tax Credit, I can help you find a home and close by November 30, 2009.

Special Pricing on New Construction Homes in Damonte Ranch Reno Nevada

Northern Nevada Neighborhood Stabilization Program!

The Reno Housing Authority  (RHA) has begun spending $4.7 million  to help stabilize a few Northern Nevada neighborhoods. The neighborhood stabilization program (NSP) was set up by the government with the intent to buy foreclosed homes in some very distressed areas to  fix  them up and sell them. The $4.7 million is part of a NSP grant that was awarded to Northern Nevada earlier this year.

Neighborhoods that have an abudndance of foreclosed homes will see home prices continue to decrease and the area will continue to deteriorate. This program is designed to  slow  this trend and stabilize the neighborhood.

By buying foreclosed homes, the RHA  plans fix them up and re-sale them at market value and keep the  homes values up, or at least stabilize prices so they do not continue to drop. Home owners who currently live in these areas should feel a sigh of relief, even if it is a small one, that there is something being done to help rebuild their neighborhood.

The Reno Housing Authority plans to buy 44 homes with grant money it received from the government. The neighborhoods that have been hit the hardest with foreclosures will receive assistance first. The RHA will purchase and sell these homes to qualified buyers. You must fill out an application to purchase one of these homes.

The three areas in Washoe County that the RHA plans to assist by purchasing foreclosures are:

      ~ Stead, the portion between Interstate 395 and Lear Blvd. Click here for map.

      ~ Sun Valley, unincorporated area of Washoe County. Click here for map.

      ~ East Sparks, the portion by Sparks Blvd. to the East, Queen Way to the North, and the city boundaries on the west and south. Click here for map.

 Homes offered under the Neighborhood Stabilization Program will be offered for sale on a first come, first serve basis to home buyers who meet the qualification and who have completed an application to purchase. To see if you meet the qualifications for purchase one of the RHA homes, visit the Reno Housing Authorities website  for a complete list of details.

If you do not qualify to purchase on of the homes, there may be other opportunities available to you. Feel free to contact me, Terrie Leighton, at 775-824-5424 or visit my website, Serving Reno and Sparks to see homes available for sale in the Northern Nevada area. 

The Northern Nevada Neighborhood Stabilization Program is now making a difference you three Northern Nevada Neighborhoods!

The following post will probably have you scratching your head and wondering when the correct close of escrow  date should be if you are considering using the First Time Home Buyers $8000 Tax Credit by the end of this year.