Property Q&A in Palm Springs>Question Details

David Houser, Home Buyer in San Diego County, CA


Asked by David Houser, San Diego County, CA Fri Dec 12, 2008

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Two things you should find out are "What are the association dues?" and "Is this on leased land?" Some of the HOA dues in the Coachella Valley can be rather high. If the property is located on leased land, then there is another monthly fee on top of your HOA dues. You may be better off finding a property in a community with lower dues and no land lease. That will give you more dollars towards your purchase price.
0 votes Thank Flag Link Thu Dec 18, 2008
I have other clients submitting offers on Palm Springs Villas foreclosures lately. So far the lowest priced unit that has sold as been in the $60,000's. We can certainly submit any offer, however, most banks will not respond even if the price is less then 10% of asking in general. The bank will consider more then just the price on your offer; particularly is it all cash? is there financing, the contingency removal dates, etc.
I'll be happy to help you put together the strongest offer possible if you're not already working with another agent. I have been extremely successful with multiple foreclosure deals this year, getting them accepted and closed on a timely manner. Please let me know if I can be of service.

Best regards,
Paul Kaplan
0 votes Thank Flag Link Fri Dec 12, 2008

this property is bank owned and therefore it is not as easy as calling the homeowner but we can surely make the offer and see how anxious the bank is to get this property off their books.

We are a one stop shop as we offer assistance with purchase, loan & escrow.

Feel free to contact us.

Robert & Amy Vaughan
x1001 Robert
x1000 Amy
0 votes Thank Flag Link Fri Dec 12, 2008
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