Sierra Sotheby’s International Closes $45.5 Million Purchase of The Chateau at the Village Property in South Lake Tahoe

The Chateau at The Village South Lake TahoeSierra Sotheby’s International Realty recently announced the South Lake Tahoe property known as ‘The Chateau at the Village,’ has been purchased for $45.5 million from Tahoe Stateline Venture, LLC, a subsidiary of Owens Realty Mortgage Inc. Sierra Sotheby International Realty Broker Vince Scott represented the buyer and new owner Tahoe Chateau Land Holding, LLC — a Chinese-American investment group.

The purchased property includes approximately 8 acres of land and entitlements with additional condo-tel  “air rights” above the existing commercial space.  Continue reading

4 Ways to Escape the Rental Trap in San Diego

Avoid the Rental Trap in San Diego Real EstateTime to Rent or Buy in San Diego County?

After living as renters for the first seven years of their marriage, Geoff and Kristi decided it was time to purchase their first house.

They decided to pass on making a purchase earlier in their lives for reasons ranging from unstable job security to high mortgage rates. Whether justified or not, Geoff and Kristi kept making excuses for not pulling the trigger on a new-home purchase. They had no idea of the opportunity they were missing to start building their personal wealth through homeownership. Continue reading

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