Ultimate Upgraded Palm Springs Area Home

WOW! This is what happens when you take a great house and move it to the next level! This 3 bed 3.5 bath home simply has it all. Just one year old and every detail has been attended to. No expense was spared in upgrading his property. The result is perfection in the Desert.

Everyone will tell you that Desert living means outdoor living! A Custom outdoor living space with pool/spa and perfect landscape - every inch of of the yard has been tailored to the house. The covered portion of the patio has a special remote controlled sun shade and a ceiling fan. The pool has pebble tech finish.

Inside you'll find the quartz counter tops -high quality window coverings, special lighting, ceiling fans, fireplace surround, closets organizers even the Audio visual package (included) is customized to fit this home. Enjoy this one year old plan 3 home on land you own with views you just can't get anywhere else regardless of price. The laundry room with sink and extra storage, Golf cart garage, tankless water heater and huge walk in closets in every bedroom. Water conditioner/ purification system included in sale. Current owner planned to stay a long time so no expense was spared. In fact you will find over $110,000 in spectacular upgrades to this home. The Arroyos neighborhood within Desert Princess features new homes with an innovative series of greenbelts, walking trails and all the

amenities of a great country club. You can't think of anything they don't have. From fitness center and electric car charging to an onsite recycling center. Why wait.... you can have it all right here. Michael Layton 760-408-5300 CABRE#01342880

So What is A Preliminary Title Report All About?

When buying real estate you will be present with many documents that look unfamiliar to you. Your agent should be able to explain each one to you and why it matter. Here is an outline of what the Preliminary Title Report Contains and the things you should look for in this document.

Vesting– Make sure the names on the Preliminary Title Report are the correct names and that the property is the same as the property on the purchase contract.

Taxes and Assessments-  In addition to looking for special tax districts you might not have been told about you can look for an exemption or classification designation that would change the tax amount as a result of the sale. It is common, in California, for properties to be reassessed upon sale.

Deed of Trust –  To make sure all debts on the property are being paid off in your transaction be sure all paid off Deeds of Trusts are reconveyed. Upon proof of payment and/or an indemnity, the title company may insure around the encumbrance.

Identity Matters – As a buyer you will provide a  ‘Statement of Information’ which can clear up identity issues that may arise. The seller will have to do one as well. If there are judgments and liens that belong to the party in question and have been paid then a release or satisfaction must be obtained and recorded or filed to eliminate the matter.

Pending Actions – A civil action affecting real property generally will have to be dismissed before title can insure. A divorce or probate doesn’t have to be finalized but special requirements may exist. Check with your Title Rep. or Title Officer for more information.

Joint Use Matters – Driveways, common walls and most easements may prompt Lenders to require a joint maintenance agreement. The preliminary title report will show such agreements if one is on record.

Extended Coverage Matters – If a physical inspection of the subject property disclosesencroachments, lien rights, or other matters, these must be addressed before the lender will close. An extended coverage owner’s policy may be requested and a survey of the property will be required. Although this type of situation would delay your closing it is imperative that you get it done before you let the proeprty transfer.

Legal Description - The legal description should always be compared to the legal descriptionin the purchase and sale agreement to be sure that all the property being conveyed has been included in the preliminary title report. I see this most commonly when there has been additional acreage added to the property or multiple buildings exist. In anycase be sure that all property is included in the legal description.

While basic the above gives you a great start on understanding why this document is important and what you need to do with the information contained in it.