Monday, August 27, 2012

Land For Sale In Desert Hot Springs


 



Jumbo View Lot





 



 







 




 





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Courtesy:


Michael Layton


Realty One Group


760-408-5300


michael@psrealtor.com


Licensed In:
CA


License #:
01342880






 



 



Lot 25 Ambrosio Dr


Desert Hot Springs, CA 92240




List Price: $13,900





 




 



Over sized corner lot located high up in Desert Hot Springs.


Stunning Views with plenty of room to build whatever you want.


Desert Hot Springs is located just 13 miles north of Palm Springs CA and has award winning Drinking water, Natural Hot Springs and great views of the Desert and Mountains surrounding it.


This lot is on Paved roads and utilities are close by in the street. This lot is the corner lot on the right hand side right after you cross over San Ardo headed north on Ambrosio. Buy and build now. No associations no homeowners dues in this area<!--




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Feature List:




MLS#: 41452505



Lot Size: 0.28


LstArea: 340-Desert Hot Spr



LotSizeAcres: 0.28



MountainViewPresent: Mountain view



LotDescription: Street Asphalt, Utilities - Overhead



LSAcresHalf: 0.28



Zoning: R-1



UtilitiesPresent: Water: Water District, Sewer: Unknown, Gas: Unknown



AdrDisplay: Address display






 




 


 


























 






 



L2L




Wednesday, August 22, 2012

Recovery...Really, Is This The Best Time To Sell?

The last three or four months in California (well most of the state anyway) have been a heady return to the days of multiple offers. Declining inventories have lead to a mini frenzy on many properties. Prices have started to inch up. Don't worry, no one is going to get whiplash from the speed that they are rising but they are indeed rising a little. Homes that are in tip top shape sell first, followed by homes that need just a little work followed by great buys on big fixers in good areas.


[caption id="attachment_2151" align="aligncenter" width="300"] Sales Surge In California[/caption]


This trend has bypassed  properties with high Homeowners fees, it has also excluded most condos - Single Family homes are the darlings of the current market.  Great prices on homes/condos have had the negative effect of making the HOA fees really jump up and hit buyers in the face.  Ironically, it is the best priced condos that often have the worst time of it. While many people will take a closer look at a nice condo for a mere $100-115 thousand they hit the pause button upon finding out that the monthly dues are over $400. At todays' historically low interest rate that is almost as much as the mortgage.


Many reports on the state of Real Estate focus endlessly on the numbers 49%-55% decreases in inventories year over year, and as mentioned earlier the modest surge in prices.  It would be easy to interpret this as a positive sign of a rejuvenated housing market.  Underlying these trends though some economists are pointing out, are the harder facts. Only about half of the homes purchased are being bought by primary home owners. That means the other half are being bought by investors that want to fix and flip or fix and rent.  The economist say this points to low demand despite record low interest rates consumers are not flocking to buy homes. The underlying economic conditions of growth in the economy and lack of jobs is holding the average home buyer back even with 3.5% interest rates!


The point here is not to say that all is lost. Movement in the market is still good. Banks still have years of work to do to reduce their foreclosed inventory. It is debatable how they will do that but that is for another blog post. Some new construction is starting to spring up or get restarted.  Inventory levels could change depending on these two segments alone.  It has been talked about lately, that the banks may start selling off their inventory in bulk sales. That could change the market drastically. Also, investors could shift gears. If they are unable to find tenants or buyers for their flips they won't be buying more. The economy could improve the only constant here is the fact that things will change.


This leads me to the point that I don't think should be missed. If you are in a position where you know you want to sell your home in the next 6 months, do not wait. Now is the time - seize the moment and do it now.  After almost 12 years in the business I can personally attest to the fact that in every market condition the market tends to shifts about every six months.  The shift could be availability of financing - inventory levels - consumer confidence or something as mundane as popular price points but it will shift.  We are drawing close to that six month window, sellers now is your moment.

Sunday, August 19, 2012

Tenant Rights In A Foreclosed Property

We have written before about the need to be very careful when renting anTenant Rights In Foreclosed Properties apartment or home in todays market. There are many scams and just because someone has the keys to a property does not mean that they own it or have the authority to rent it. You can read our whole post about Rental Scams here however, the most important thing you can do to protect yourself is get ID from the person renting the home to you and find out if they even own the property. Typically you can do this at your local county tax office or a friend in the Real Estate, Title or Banking Industries can often check that for you.

This blog post is about what happens when you have already paid, moved in and settled only to find out your landlord is not paying the mortgage. Tenant Rights In A Foreclosed Property.

Foreclosure is looming and you are stressed out worried about  what will become of your lease. Sadly, there are many scenarios where you may never know it is coming unless there is a notice posted on the property. Closer to the actual auction sale date you may see people driving by and checking out the property. A few brave ones may even ring the doorbell. These are typically investors that want to see what the property looks like in advance of the foreclosure auction. Many will have no idea that you are a tenant and not the owner. You do not have to talk to them and you probably would be better off referring them to your landlord.

So what are your Tenant Rights in a Foreclosed Property? These rights changed with passage, in 2009, of the Protecting Tenants at Foreclosure Act (PTFA) this law say that any bona fide lease entered into prior to the notice of foreclosure remains in place when the owner-by-foreclosure (OBF) purchases the property to be used for any purpose other than as a primary residence. Yes, you read that right.. a real lease that is in place prior to the notice of Foreclosure ..has to be honored by the new owner as long as they did not buy it to use as their principal residence.

There is another criteria that must be met as well. The lease must be for fair market value. The PFTA is very vague however, and it does not really spell out any set way that this can be determined. I would suggest that a copy of current rental ads should be pretty strong evidence that your rent is at market value.

So what if the new owner wants to use the property as their principle residence? Well, In this case you can be given a 90 day notice to vacate the property. Sort of a worse case scenario yes, but you cannot be forced out without adequate time to find a new place.

This Act is in effect until The end of 2014.

Again, use caution when leasing any property. Make sure you know who you are dealing with and if the worst thing happens - know your rights.

Mountain Gate Home Palm Springs Sold


 



Palm Springs CA Newer Construction





 



 



SOLD




 




 





Profile Image




Courtesy:


Michael Layton


Realty One Group


760-408-5300


michael@psrealtor.com


Licensed In:
CA


License #:
01342880






 



 



3842 Eastgate Rd


Palm Springs, CA 92262


Bedrooms: 3



Bathrooms : 2 (2 full)


List Price: $189,900



Living Area Approx :
1835





 




 



Are you ready to move right in? Well this home is ready for you! Beautiful newer construction, barely lived in. 3 Bed 2 bath - lots of living space. Fully landscaped yard means you truly can move right in. All of the appliances are included with this home.

Awesome mountain views grace the western side of this home. A private walled yard offers plenty of space for whatever your imagination can hold. On the South side of the house is a gate and concrete drive to access the back yard - RV? quads? Boat? even that is already taken care of for you.

Beautiful tile floors throughout most of the living areas. Truly secluded Master suite on the opposite side of the house from the other bedrooms. Massive walk in closet and double vanities in the bath. Master also has a slider to the back yard.

Kitchen is huge with loads of cabinets and newer appliances. open to the family room and dining perfect for big family gatherings or dinner parties. Secondary bedrooms are down a private hallway and separated by a full bath. Home has a double garage and a full sized laundry room.

You can look at every house on the market but few will measure up to the features and amenities.




 





 


Feature List:




MLS#: 41447111


PropertyType: Single Family Home



Lot Size: 0.18


LstArea: 331-Palm Spr. N. End



LotSizeAcres: 0.18



BathsFull: 2



Stories: 1



MountainViewPresent: Mountain view



Garage: 2



HeatingFeatures: Forced Air



CoolingFeatures: Cooling



IntFeatures: 220 Volt In Garage, 220 Volt In Laundry, Ceramic Tile Floor(s), Ceiling Fan, Individual Laundry Room, Gas Dryer Hookup, Eat In Kitchen



Inclusions: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer



ExtFeatures: Curbs/Walks, Cable TV, Block Wall Enclosure, District Water, Yard, Patio



Exterior: Concrete Slab Foundation



LSAcresHalf: 0.18



SchoolDistrict: Palm Springs Unified



MiddleSchool: Raymond Cree Middle



HighSchool: Palm Springs High Sc



LaundryRoomPresent: YES



AdrDisplay: Address display






 




 


 


























 






 



L2L




Monday, August 13, 2012

1268 Ramon Road Reduced







































Ramon Rd, Palm Springs, CA
1268 E Ramon Rd #50 Palm Springs CA







Bedrooms: 2
Bathrooms: 1 full, 1 half

Living Area Approx: 1080
List Price: $Get Current Price





























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Beautifully Redone Condo GREAT VALUE!!! Ready for your Desert Retreat?Here it is!Nestled inthe quiet rear green belt of Hermosa Villas, this stylish 2 bedroom unithas the updated features everyone wants.


From granite counter tops, plantation shutters, new cabinets andhalogen lighting even a spa-inspired walk-in shower, there's plenty toenjoy.Bedrooms afford views of the green belt and the San Jacintomountains.


Close to Downtown; walk to Starbucks, Groceries, Library andthe Park.Unit is on leased land.This home is offered as a shortsale, sold as-is and all terms and conditions are subject to finallender approval.

Have questions? Ask me.












Courtesy:
Michael Layton
Email Me Now
760-408-5300
Licensed In: CA
License #: 01342880

















Equal Housing Opportunity


Wednesday, August 8, 2012

Palm Desert News August 2012

Palm Desert has been in the news quite a bit lately. They are truly moving and shaking things up in the Desert.

Announced this week was the inclusion of Palm Deserts Sandpiper and Marrakesh Country Clubs in to the 2013 Modernism Week event. This ever growing event will take place in February 2013 as always and will now branch out to the east end of the valley with these two neighborhoods in Palm Desert.

On the retail front the Town Center Way shopping plaza announced signing two long sought after retailers. Whole Foods will make a 2014 appearance in the old Best Buy location and will be joined by Nordstroms Rack - the clearance house for the famous Nordstroms department store chain. The whole shopping center is slated for an overall in advance of these two major retailers moving in.

I continue to hear rave reviews of the Aquatic Center which debuted in the summer of last year. Learn more about Palm Deserts' Aquatic center on the city web site. Opened in March of this year was Palm Springs Art Museum in Palm Desert Located at 72-567 Highway 111 Located at Entrada del Paseo at the westernmost intersection of Highway 111 and El Paseo this innovative green building host temporary exhibits and features classes and lectures and events.

These are just some of the most recent developments in Palm Desert CA. So be sure to check out all this going on in this vibrant Desert City.

Search Homes for Sale In Palm Desert CA
Search Condos for Sale in Palm Desert CA

Saturday, August 4, 2012

Photos Of Palm Springs CA

[slideshow]

New Photos Added to our Palm Springs Picture Gallery. Photos of Palm Springs CA help you capture the beauty of the Desert. One of my favorite things about the Desert is the ever changing color of the mountains. No matter what time of day or season of the year it is you can see a different shade on the Mountains. Oranges, reds, browns and purples - people often think of the Desert as a sea of brown but I would object to that because I think there are dozens of colors you just have to look for them.

So Be sure to see all the Photos of Palm Springs CA in PSagent Photo Gallery If that is not enough for you be sure to see more Photos of Palm Springs CA

Friday, August 3, 2012

V4 House by Marcio Kogan – Studio MK27

Amazing Style not surprising it has been nominated for an architectural award.

1268 E Ramon Rd #50

[slideshow]

























































1268 E Ramon Rd #50 Palm Springs CA

Beautifully Redone Condo GREAT VALUE!!!  Ready for your Desert Retreat? Here it is! Nestled in the quiet rear green belt of Hermosa Villas, this stylish 2 bedroom unit has the updated features everyone wants.


From granite counter tops, plantation shutteres, new cabinets and halogen lighting even a spa-inspired walk-in shower, there's plenty to enjoy. Bedrooms afford views of the green belt and the San Jacinto mountains.


Close to Downtown; walk to Starbucks, Groceries, Library and the Park. Unit is on leased land. This home is offered as a short sale, sold as-is and all terms and conditions are subject to final lender approval.


View the Virtual Tour for Ramon Rd, Palm Springs, CA



















































































Schedule a Showing
Free List of Foreclosed Homes For Sale
Short Sale Homes For Sale
Palm Springs Homes For Sale
Search All Homes For Sale
Palm Springs Homes for Sale
Rancho Mirage Homes for Sale


















Michael Layton
Realty One Group
760-408-5300
Questions?
Schedule a Showing!
MLS#: 41457493
Licensed In:
CA
License #:
01342880



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