Dickson Realty’s June 2016 Newsletter Think buying a home of your own is out of reach? Think again! We hope you will join us for this informative seminar on the many programs available to assist first time home buyers, including down payment assistance and loan programs. • • • • •
You are considered a first time home buyer after only 3 years! CA & NV grants that give you FREE money towards closing costs. Income and credit requirements to purchase in this area. Benefits of owning & tax breaks. Many down payment assistant programs and options!
Please RSVP to your Dickson agent or to the Rice Team @ Guild Mortgage. Refreshments will be provided.
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s June 2016 Newsletter
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The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s June 2016 Newsletter Dickson Realty Luxury Trends Report 1Q 2016 With a rebound in winter activity, thanks to much-needed favorable snow conditions bringing the clientele that supports our tourist economy, the year has started with a bang, with a 51% increase in luxury homes sold over $1 million during this first quarter. The link above will take you to our comprehensive First Quarter Report with stats and more by neighborhood.
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s June 2016 Newsletter
Here is a great idea and a worthy cause! Nominate someone/thing you know today! Winner will be announced at the Truckee 4th of July parade.
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s June 2016 Newsletter
The ABC’s of FHA’s Since 1934 the Federal Housing Administration (FHA) has opened doors for people to obtain loans and get into homes. Whether it be through assisting borrowers in lowering down payments or closing costs or helping those with lower credit scores, the FHA loan programs are created to help people. Did you know that FHA loan programs are viable options for both buyers, sellers and their agents? Here are the ABC’s of FHA: A - Actual People - The FHA loan was created to help actual people who are primary home borrowers. Some people who especially benefit from FHA loans are: • • • •
Borrowers with low credit scores (damaged for whatever reason, medical or loss of job collections, etc.) Those who need co-borrowers to help qualify for the loan Those who may be getting gifts family members for their entire down payment and closing costs Those folks with short sales over three years (conventional requires 4 years) Continued on the next page
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s June 2016 Newsletter B - Borrower Qualifications - Our team goes the extra mile to ensure that our borrowers are qualified and can afford their loans. We meticulously evaluate borrowers income, debts, assets, etc., to make sure the borrowers meet FHA guidelines. FHA loans require meeting minimum FICO credit scores, being able to put 3.5% of the purchase price toward down payment and purchase private mortgage insurance. This vetting on the front end ensures that borrowers are qualified, and thus, backing of the FHA should not deter a seller from accepting an offer, but rather encourage it. Remember these are actual people we are helping! C - Concerns - We have heard that sellers and their agents can be a bit concerned or hesitant to get into contract with an FHA backed buyer as opposed to a conventional loan. Since the FHA loans need to have an appraisal by an FHA certified appraiser it means that there are certain criteria that must be met to be backed by the FHA. They are really looking to make sure that the home has everything in it that will last the life of the loan. This includes windows, paint, or even light switch covers. We’ve heard from many appraisers that there shouldn’t be a concern on FHA loans as most of the issues they find are small, easy to repair issues with low costs. While there may be some concerns, we believe that at face value, an FHA loan is as viable as a conventional, or even a cash offer. Feel free to call us if you have any questions regarding FHA programs! Please call us if you have any questions on purchases or refinances throughout California or Nevada. The Rice Team @ Guild Mortgage Team@TheRiceTeam.com 530-582-9991
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s June 2016 Newsletter June EVENTS 3 - First Fridays Historic Downtown Truckee, 5:30 - 8 pm Most of downtown’s unique shops, boutiques, art studios, and eateries will keep their doors open later and offer special promotions, activities, demonstrations, food and beverages, music, and more! Participating shops and restaurants will display First Friday Flags so the public will know where the fun is. Information: www.historictruckee.com 3 – Kids Night Out Northwoods Clubhouse, Tahoe Donner 5-9pm, $20 in advance Information and RSVP: 530-587-9437 3 – Friends of the NRA 2016 Graeagle Corner Barn, 8989 Hwy. 89, Blairsden, CA 5:30pm; $50pp – NRA membership not required Information: http://www.chamberorganizer.com/Calendar/moreinfo.php?eventid=210326 4- STEAM Exploration Saturdays (weekly) 9am – 12noon; $35 per child; ages 4-7 Prices vary – see website STEAM is Science, Technology, Engineering, the Arts and Mathematics. Discover how creative you can be. Bubbles, oil, salt, crystals and watercolors,make things move with animation, toys and circuits. Have a blast experiencing how math can help your artistic designs, and more! Information: www.kidzonemuseum.org
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s June 2016 Newsletter 4 – Truckee Day 8am – 2pm; Various locations Truckee Day is a town-wide street clean up and civic-pride day, now in its thirteenth successful year. Plan to be part of the fun! Check in stations will open at 8:00 AM – get there early to get your materials, volunteer t-shirt, and free lunch ticket. Pre-registration is not required. You'll be assigned a stretch of road to clean in your neighborhood. Then, join your friends and neighbors at the Town-wide block party starting at noon at Truckee River Regional Park on Brockway Road. Information: Erica Jue at the Town of Truckee @ 582 7700 4 - Paper Shredding Event 10am – 12pm; Free Truckee Town Hall parking lot, Truckee Airport Road 4 – 42nd Annual Soroptimist International Wine Restaurant Faire 5-7:30pm; Coyote Moon Golf Course,10685 Northwoods Blvd., Truckee $50 in advance, $55 at the door Information: www.sitruckeedonner.org 4 – Annual Plumas County Picnic and Sierra Cascade Street Rodders Plumas-Sierra Fairgrounds, Quincy Information: http://chamberorganizer.com/easternplumaschamber/mem_sierracascade?HTTPS=on The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s June 2016 Newsletter 4 – Night at the Museum Donner Memorial State Park Museum, 12593 Donner Pass Rd.,Truckee 6 – 9pm; $150pp Join us in celebrating the Pioneer Experience at the Donner Memorial State Park Visitor Center. Live music by Richard Blair accompanied by “Chinese Themed” hors d’oeuvres, our signature “Not-So-Silent Auction” with auctioneer Ed Miller, a variety of fine wines, and an elegant “Chuckwagon” dinner from Mountain Magic Catering will be sure to provide a memorable night for kicking off our fundraising efforts to restore the Donner Pioneer Monument. Guided tours of the one-year-old, state-of-the-art facility will be available to attendees. Country elegant dress - wear your best finery! Information: 530-583-9911 5 - Pancake Breakfast Sierra Senior Center, 10040 Estates Drive, Truckee 8 to 11am, $7adults/$3 kids A fundraiser for Sierra Senior Services Information: www.sierraseniors.org 5 – Farmers Market (weekly) Truckee River Regional Park, 10500 Brockway Rd 8am – 1pm
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s June 2016 Newsletter 9 – Truckee Thursdays (weekly) Historic Downtown Truckee, 5:30 – 8:30pm Summer Thursdays mean a special experience for people of all ages - residents, tourists and participants alike. The event features a Certified Farmers’ Market, food vendors, merchant and community displays, as well as great entertainment, children’s activities and a beer garden. Information: www.truckeethursdays.com 11 – Truckee Brewfest Truckee River Regional Park, 10050 Brockway Rd., Truckee 1-5pm; $30 in advance, $35 day of Live music, great food and over 30 Northern California and Nevada Breweries. All proceeds go to grants, scholarships and programs that the Truckee Optimist Clubs uses for the youth of Truckee. Information: 530 587-8720 11 – Pioneer Days Indian Valley Museum, Cemetery Street Taylorsville, CA 10am – 4pm Information: 530-284-1046
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s June 2016 Newsletter 12 – Truckee Roundhouse Maker Show Tahoe-Truckee Lumber Co., 10242 Church St., Truckee 10am – 5pm; Free The Truckee Roundhouse Maker Show is a showcase of Truckee makers and artists. Locals will show off a variety of mediums; electronics, wood, metal, ceramics, textiles, sculptures, vehicles and kids activities. This family-friendly event will be complemented with local beverages, food, and music. Information: www.truckeeroundhouse.org/events/maker-show 17 & 18 – Wellness Weekend Ritz-Carlton Lake Tahoe, 13031 Ritz Carlton Highlands Ct. Truckee $200 per person for the 2-day weekend or $150 per person per day Weekend activities include customized fitness and spin classes, yoga, hikes, deep tissue massage specials, and pop-up chair massages. Discounts will also be offered for personal training sessions during this special weekend and health conscious menus will be featured throughout the resort’s restaurants. Information: www.ritzcarlton.com 18 – Tour de Manure Sierraville Firehouse, 102 Main Street, Sierraville, CA 7am; $60 through June 10; $70 June 11 through to race day; $30 kids 12 and under Birds flutter in wetlands, hawks circle overhead, hot springs spew steam above century-old ranches along California's quirkiest ride through the headwaters of the Feather River. 60, 42 & 30 mile routes. Ranch-style BBQ at the finish! Information: www.tourdemanure.org The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440
Dickson Realty’s June 2016 Newsletter 22 – Music in the Park Summer Concert Series (weekly) Truckee River Regional Park, 6:30 – 8:30 pm Weekly Music Series sponsored by Truckee Donner Rec and Parks District. Bring lawn chairs, food and drink and enjoy summer evenings and live music in the Sierra. Information: www.tdrpd.org 24 - Music on the Beach (weekly) Kings Beach Recreation Area, Kings Beach, CA 6-9pm, Free Featuring local and regional acts that are “family friendly”. Attendees can purchase Sierra Nevada Brewing Co. beer, wine, water & soda. Food is available for purchase at the venue. 26 – Summerfest White Sulphur Springs Ranch, 2200 Highway 89, Clio, CA 3pm Tours of the house, barbecue dinner & music, live & silent auctions. Information: www.whitesulphurspringsranch.com
The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440