| ||||||||||||||||||||||||||||||||||||||||||
Palm Springs California Area Real Estate
Wednesday, September 5, 2012
Rancho Mirage Home For Sale Victoria Falls
[slideshow]
Monday, August 27, 2012
Land For Sale In Desert Hot Springs
Jumbo View Lot
Courtesy:
Michael Layton
Realty One Group
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<!--
-->
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
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"]
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 an
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.
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
Courtesy:
Michael Layton
Realty One Group
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
Monday, August 13, 2012
1268 Ramon Road Reduced
| |||||||||||||||||||
| |||||||||||||||||||
Subscribe to:
Posts (Atom)