Friday, October 26, 2012

Food Truck Dining In Palm Springs

If you thought food trucks were only for construction workers in the big city and only served scary food you would never really want to eat then you have been missing something! (Okay...I admit have I!) I guess gourmet food out of a lunch wagon, a Roach Coach a restaurant on wheels is all the rage!

This Saturday in Palm Springs at the Spa ResortCasino Downtown you can pick and choose from some 40 different trucks to dine from! You have to buy a ticket in advance to even get in so hurry to their website. The Food Truck festival will feature some of the hottest food around that just happens to be on wheels!
So come on and enjoy the beautiful weather we are having and get some unique food this weekend in Palm Springs.

Sunday, October 14, 2012

Is Your Short Sale Legal?

Short sales - selling for less than you actually owe on the mortgage is legal and is very commonplace these days.  However, there are a few pitfalls you will want to avoid. The summation of an article, that originally appeared in the Orange County Register points out a few common scams that are taking place.

Orange County Register: Short sale fraud “heating up,” expert says A panel of short sale experts presenting at CALIFORNIA REALTOR® EXPO 2012 in Anaheim last week said that “fraud is heating up like a wildfire right now ...” and “we’ve got to be aware that this fraud is changing directions, jumping containment lines.”Among the most common forms of fraud are:

  • Flopping: non-arm’s length transaction, side agreements, and false information.  Scammers arrange to buy a home at an artificially deflated price intending to flip it immediately at its real value.

  • Non-arm’s length transactions:
  • The buyer in a short sale is related to the seller by blood, marriage, or some type of business or personal affiliation.  This is typically arranged by an underwater borrower to regain ownership of the property free from the mortgage debt.

  • Side agreements:
  • In addition to payments included in a lender’s “approval letter,” the buyer and seller have side agreements to pay off junior liens, short sale negotiators’ fees, or other third-party fees.

  • False information:
  • The transaction includes phony details in the closing settlement statement, or HUD-1, to hide buried costs and fees.
    Read the full story as printed in the Orange County Register

    For more information on Short sales or homes for sale in the Palm Springs area be sure to see PSAGENT.COM

    Sunday, October 7, 2012

    Home for Sale 3 Bedroom, Cathedral City, California



    Homes for Sale in Central Cathedral City, Cathedral City, California $239,500.

    Imagine moving right in with nothing to do!

    How about having everything you want from day one?  Every upgrade and

    detail has been taken care of in this oasis in the Desert.  Three bed,two bath at just over 1800 square feet you need to see this home.

    • Large, Spacious Rooms

    • Double Attached Garage

    • Remodeled

    • Stainless Appliances

    • Fireplace

    • Generous Outdoor Living Spaces

    • Vaulted Ceilings

    • Wood flooring in Bedrooms

    • Fruit trees on Property

    • Central Cathedral City Location

    • Traditional Sale


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