Palm Springs Area Real Estate

Since the 1950s  Presidents have visited, golfed and relaxed in the Palm Springs area . Starting with President Eisenhower who started frequenting Palm Springs in the 1950s and made several trips whereby the house he stayed in at Smoketree Ranch was dubbed  'the Western White House', and later he lived in Eldorado Country Club  in Indian Wells. President Kennedy was no stranger to Palm Springs , a lot was written about it . President Nixon visited and it is said that VP Spiro  Agnew  lived in the Desert after leaving office. President Ford made Rancho Mirage his home in Thunderbird Country Club until his passing. President Bush Sr visited and golfed and so did  President Reagan President Clinton  frequented the Desert and for years golfed and was involved in the Humana Challenge in La Quinta .  President Obama made over 5 trips to the Desert , and will be coming back after he leaves office, and it has been rumored that he bought or pl...

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