Palm Springs Area Real Estate

What is it like to retire in the Palm Springs Area? 350 days of sunshine, glorious sunsets, 365 days of golfing , great restaurants, and entertainment at its best,  Real Estate prices are low, but we are seeing a shrinking in the inventory of homes coming for sale. Money Magazine   voted Palm Springs as No 2 among the 25 best places to retire , with Port Charlotte, FL  coming as No 1. The article talks specifically about the city of Palm Springs, though to most non-residents , when they refer to Palm Springs, it could mean any of it's sister desert cities.  Due to it's popularity since the early 1900s,  Palm Springs   has become the flag name for the whole Coachella Valley which is made up of nine cities;  Rancho Mirage , Indian Wells , Palm Desert , La Quinta, Cathedral City, Indio, Desert Hot Springs and Coachella . All nine cities have become extensions of each other, yet each city has managed it's own uniqueness. I would like to extend ...

Some California homeowners who have fallen on some hard times yet are still trying to do the right thing and opt for loan modification instead of walking out and having their homes foreclosed , are finding themselves victims to yet another loan modification scam. This time by attorneys . The  State Bar of California grew very concerned at the number of lawyers participating in loan modification scams that they felt they needed to publicize the names of 16  such attorneys who are being investigated http://calbar.ca.gov/state/calbar/calbar_generic.jsp?cid=10144&n=96395  Some advice to homeowners seeking loan modification 1- Beware of telemarketers selling loan modification . 2- Before you contact any company for loan modification , check them out. Call the Better Business Bureau. If it's an attorney contact the Bar association . 3- Contact the government agencies  http://hud.gov and get a list of reputable companies 4- Contact your real estate agent who...

1- Time is running out on the $8000 Cash Tax Credit . It Is only good for homes that have a Closing date before Dec. 1, 2009 . 2- The average closing takes anywhere from 45 days to 3 or 4 months depending whether your Offer is on a Straight Forward Home Purchase, Short Sale or Bank Owned Property. 3- The FHA 3.5% down payment eliminates the high cash down payment you would otherwise require. 4- Programs that allow you to borrow against the $8000 Tax Credit for closing cost are now available. 5- The number of affordable houses is dwindling. 6- Interest Rates could start inching up due to inflation and other factors. 7- The combination of low home prices , low interest rates , low down payment on homes, and the $8000 Tax credit is an unprecedented opportunity for First time buyers, especially renters who want to own their home. Hot Palm Springs Homes