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About Me
I moved to the beautiful California desert, known as the Coachella Valley, from Milwaukee, WI in 1992. I wanted to be surrounded by sunshine, wonderful year-round weather and expansive mountain views. And that's exactly what I got!
I'm more than just a Realtor, I'm also a Real Estate Broker and I have the following designations:
--one of less than 50,000 Realtors nationwide who is a Certified Residential Specialist (CRS)
--one of less that 15,000 Realtors nationwide who is a Senior Real Estate Specialist (SRES)
--I' m also e-Pro Certified, which means that I have an excellent understanding of technology as it applies to real estate on the Internet.
I have achieved many top honors. I am a member of the Prestigious 100% Club, the Platinum Club and a Hall of Fame Member. Only 10% of the Realtors with RE/MAX in the California/Hawaii Region have earned this Platinum Club recognition.
Education
Majored in Journalism at the University of Wisconsin-Milwaukee with an emphasis on Sales, Public Relations and Marketing
Completed Courses in Real Estate Principles, Property Management, Office Administration, Agency and Ethics, Fair Housing, Trust Accounts, Real Estate Practice, Basic Appraisals and Real Estate Appraisals, Real Estate Finance and Real Estate Economics.
Completed courses in Sales, Sales Management and Board Development; Organizational Strategic Planning, Management Training and Fund Raising
Interests
I love the relationship that I develop with my clients. I am here to assist you in any way I can before, during and after the sale. I cherish the relationships between clients and myself.
When I'm not active in Palm Springs area real estate, I love spending time with my children, grandchildren, golfing, reading, writing, bridge, socializing....and trying to make a more positive difference in the world we live in.
I'm more than just a Realtor, I'm also a Real Estate Broker and I have the following designations:
--one of less than 50,000 Realtors nationwide who is a Certified Residential Specialist (CRS)
--one of less that 15,000 Realtors nationwide who is a Senior Real Estate Specialist (SRES)
--I' m also e-Pro Certified, which means that I have an excellent understanding of technology as it applies to real estate on the Internet.
I have achieved many top honors. I am a member of the Prestigious 100% Club, the Platinum Club and a Hall of Fame Member. Only 10% of the Realtors with RE/MAX in the California/Hawaii Region have earned this Platinum Club recognition.
Education
Majored in Journalism at the University of Wisconsin-Milwaukee with an emphasis on Sales, Public Relations and Marketing
Completed Courses in Real Estate Principles, Property Management, Office Administration, Agency and Ethics, Fair Housing, Trust Accounts, Real Estate Practice, Basic Appraisals and Real Estate Appraisals, Real Estate Finance and Real Estate Economics.
Completed courses in Sales, Sales Management and Board Development; Organizational Strategic Planning, Management Training and Fund Raising
Interests
I love the relationship that I develop with my clients. I am here to assist you in any way I can before, during and after the sale. I cherish the relationships between clients and myself.
When I'm not active in Palm Springs area real estate, I love spending time with my children, grandchildren, golfing, reading, writing, bridge, socializing....and trying to make a more positive difference in the world we live in.
Testimonials
"Dear Nancy
Just a short note to thank you for the professionalism that you continue to display in handling our real estate needs here in the Coachella valley- When we recently completed the sale of our home in Rancho Mirage, it represented the third transaction where we have utilized you as our broker in the past six years. Additionally, we worked with you to help locate a home and close the transaction when our daughter´s family relocated from Florida to La Quinta.
I could write a long letter praising your marketing ability, knowledge of the industry, understanding of the market, and negotiating skills--the bottom line is that we keep coming back to you every time we need an expert to handle our real estate needs. Further testament is that if we need to do another real estate transaction, there is no question in our mind that we will retain you again as our representative--- you deliver the desired results.
Thanks again for your help and professionalism for quickly selling our last home, in a tough market, at above its´ appraised value.
Sincerely,"
Frank and Roberta Schyving Thu Apr 10
Frank and Roberta Schyving Thu Apr 10
"Dear Nancy,
Thank you so much for your wonderful help in both the purchase of our new home and the sale of our condo. Having been in the real estate business in another state, we really appreciate your concern that we get it right and the professional way in which you guided us through the maze that is buying and selling real estate in California. We were particularly impressed with your ability to get us pre-approved for a loan on a Sunday afternoon!
You have the ability to understand your clients´ needs and steer them in the right direction. Your confidence and sense of humor helped to ease what can be a very stressful time.
We wouldn´t hesitate to recommend you to our friends or to call you should we ever decide to move again.
Best of all we feel that we have made a new friend.
Sincerely yours,"
Bruce & Kris Rose Thu Apr 10
Bruce & Kris Rose Thu Apr 10
"A special thanks for your excellent service in helping us find a house in Sun City, Palm Desert. You are very experienced, professional and creative and you made sure everything ran smoothly. You left no stone unturned.
We appreciate your help, all of the time you spent, your upbeat personality, your integrity and your knowledge of the field.
We highly recommend you to anyone in need of an experienced, reliable Realtor.
Thanks for helping us find our dream house.
Sincerely,"
Alvena and Steve Wagner Thu Apr 10
Alvena and Steve Wagner Thu Apr 10
"Wow! Talk about fast!
I first contacted Nancy on October 12, 2007, after researching real estate agents on the internet, and explained to her that my 88 year old Mother, living in Palm Springs, wanted to sell her home of 29 years and move to Northern California, to be with family.
I had my first meeting, in Palm Springs, with Nancy on Wednesday, October 17th and discussed the marketing of my Mother´s home. Nancy impressed me with her understanding of the Palm Springs real estate market and current economic conditions.
Nancy suggested a realistic listing price for the house, to which we agreed, and the house was listed on Monday, October 22. On Friday October 26 we had an offer!
From there on, Nancy and her team made the entire escrow process trouble free. I can honestly say there were no hold ups or mistakes. Everything proceeded right on schedule making this one of the easiest and fastest transactions I´ve been involved with!
Besides being a true professional, Nancy is a great person to work with. I was really amazed!
Thank you so much,"
Chet and Sarah Robbins Thu Apr 10
Chet and Sarah Robbins Thu Apr 10
"A heart felt thank you from the Koch family.
Nancy Hankin we are still amazed how lucky we were to have you as our realtor. Sincethe first time we talked you were truly professional and always kept our best interest in mind. Owning three automotive dealerships we appreciate customer service and you truly are one of the best. The most amazing thing is now that we have bought our dream condo you still there to help. Because we live so far away you can’t imagine how happy we are that we can count on you even after the deal is done. If any one we know is looking to purchase in Palm Springs we won’t hesitate to refer them to you. We want to thank you again for everything and now your more than our realtor your our friend.
Your Canadian Friends"
Dave, Duane, Rick and Dwight Koch Thu Apr 10
Dave, Duane, Rick and Dwight Koch Thu Apr 10
My Q&A
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Nancy Hankin's Questions (0)
Nancy Hankin's Answers (5)
Nancy Hankin answered:
Here is some additional information that will help you better understand what you need to know when purchasing a US property when you are a Canadian citizen:
There are two books you might want to invest in that you can review regarding Snowbirds, one is called The Canadian Snowbird in America by Terry F. Ritchie and the other is The Border Guide – A Guide to Living, Working and Investing Across the Border by Robert Keats. Both are available on Amazon.com. Any Canadian who is buying property in the US should have these books! There’s lots of good info in them.
An accountant other Canadians have used for their US property is a Canadian accountant, but he also has his CPA designation. His name is Darren Millard, LDMB Advisors Inc. email dmillard@ldmb.com, phone 604 534-3004. You might also want to consult with him.
I hope this has been helpful.
There are two books you might want to invest in that you can review regarding Snowbirds, one is called The Canadian Snowbird in America by Terry F. Ritchie and the other is The Border Guide – A Guide to Living, Working and Investing Across the Border by Robert Keats. Both are available on Amazon.com. Any Canadian who is buying property in the US should have these books! There’s lots of good info in them.
An accountant other Canadians have used for their US property is a Canadian accountant, but he also has his CPA designation. His name is Darren Millard, LDMB Advisors Inc. email dmillard@ldmb.com, phone 604 534-3004. You might also want to consult with him.
I hope this has been helpful.
Rebeca:
I have no idea why anyone told you to buy under a corporate name for tax purposes. Your Canadian accountant can tell you if there is an advantage in Canada for doing this, but this would not pertain to US Taxes.
When you purchase a home in California, you are taxed each year at 1.25% of what you paid for the property. If you paid $300,000, you would be taxed each year $3750. Everyone pays these state taxes, all homeowners.
No, you would not be filing for any taxes in the US unless you worked and were paid in the US. Then you would pay taxes and also need a social security number.
As for a loan, you would need to obtain a loan in the US, as Canadian banks do not lend on US property. I would be happy to put you in contact with a lender familiar with loans to Canadians. Just email me and I'll put you in contact with them.
NOW is an excellent time to buy as your dollar is strong and our prices are very attractive. Many Canadians have bought, and continue to buy here because of that. Prices do NOT go down in the summer. Sometimes summers are our busiest selling times because so many people, like yourself, think they go down.....but they don't!
If you purchase a foreclosed home, all your paperwork for a loan must accompany your offer showing you have been TOTALLY approved for your loan. Oftentimes there are multiple offers on foreclosed homes, and sometimes they sell higher than listed because so many people are trying to buy it.
When you submit an offer on a property in the US, it is customary to submit a check (in US funds) with the offer for 3% of the cost of the offer. On a $300,000 home, you would submit a check for $9,000 US dollars with your offer. If the offer is not accepted, the check is returned to you. If the offer is accepted, that amount is deducted from the total amount you would need to close. Closing costs are typically about 1% of the cost of the offered home. Most homes take about 4 weeks to close, some sooner, some a little longer.
You can contact me at nancy@nancyhankin.com and visit my website athttp:// www.nancyhankin.com. I have been a Realtor in the desert for 16 years and I work with quite a few Canadians. When you are on my web site, go to TESTIMONIALS and you'll see a letter I recently got from fiur Canadian brothers.
I hope this answer has been helpful. I would also be willing to call you and talk to you at more lenght, but I would need your phone number .
I look forward hearing from you.
Nancy Hankin: Broker Associate
SRES,CRS & e-PRO
"Old Fashioned Service Using
New Fashioned Technology"
Remax Real Estate Consultants
74-199 El Paseo Suite 101
Palm Desert, CA 92260
(866) 227-2205 Toll Free
(760) 861-5118 Direct
(760) 779-8196 Fax
Access all Desert MLS Properties for Sale via my Website
mailto:Nancy@NancyHankin.com
http://DesertHomesAndEstates.com
I have no idea why anyone told you to buy under a corporate name for tax purposes. Your Canadian accountant can tell you if there is an advantage in Canada for doing this, but this would not pertain to US Taxes.
When you purchase a home in California, you are taxed each year at 1.25% of what you paid for the property. If you paid $300,000, you would be taxed each year $3750. Everyone pays these state taxes, all homeowners.
No, you would not be filing for any taxes in the US unless you worked and were paid in the US. Then you would pay taxes and also need a social security number.
As for a loan, you would need to obtain a loan in the US, as Canadian banks do not lend on US property. I would be happy to put you in contact with a lender familiar with loans to Canadians. Just email me and I'll put you in contact with them.
NOW is an excellent time to buy as your dollar is strong and our prices are very attractive. Many Canadians have bought, and continue to buy here because of that. Prices do NOT go down in the summer. Sometimes summers are our busiest selling times because so many people, like yourself, think they go down.....but they don't!
If you purchase a foreclosed home, all your paperwork for a loan must accompany your offer showing you have been TOTALLY approved for your loan. Oftentimes there are multiple offers on foreclosed homes, and sometimes they sell higher than listed because so many people are trying to buy it.
When you submit an offer on a property in the US, it is customary to submit a check (in US funds) with the offer for 3% of the cost of the offer. On a $300,000 home, you would submit a check for $9,000 US dollars with your offer. If the offer is not accepted, the check is returned to you. If the offer is accepted, that amount is deducted from the total amount you would need to close. Closing costs are typically about 1% of the cost of the offered home. Most homes take about 4 weeks to close, some sooner, some a little longer.
You can contact me at nancy@nancyhankin.com and visit my website athttp:// www.nancyhankin.com. I have been a Realtor in the desert for 16 years and I work with quite a few Canadians. When you are on my web site, go to TESTIMONIALS and you'll see a letter I recently got from fiur Canadian brothers.
I hope this answer has been helpful. I would also be willing to call you and talk to you at more lenght, but I would need your phone number .
I look forward hearing from you.
Nancy Hankin: Broker Associate
SRES,CRS & e-PRO
"Old Fashioned Service Using
New Fashioned Technology"
Remax Real Estate Consultants
74-199 El Paseo Suite 101
Palm Desert, CA 92260
(866) 227-2205 Toll Free
(760) 861-5118 Direct
(760) 779-8196 Fax
Access all Desert MLS Properties for Sale via my Website
mailto:Nancy@NancyHankin.com
http://DesertHomesAndEstates.com
Nancy Hankin answered:
Do you plan on purchasing a property in the desert, and are you currently working with a Realtor in our area? If not, I would be happy to assist you. If you already have a Realtor, they should be able to assist you with any of your realty-related conserns. I represent quite a few Canadian buyers, and it's a concern many Canadian's have............so you are not alone.
If the homeowner stops paying the HOA payments and then the property goes into Foreclosure, any monies that is owing the HOA prior to the foreclosure is a loss for the HOA, however, once the bank takes over the property, the bank will pay the HOA fees. Most HOA's have reserve funds in their budgets to allow for things of this nature to happen.
If you are a buyer, it is very important that you not only review the HOA budget, but also their reserve fund. In California, the Escrow company orders this documentation from the HOA management company when Escrow opens, and once you receive ithe HOA docs, you have (5) days to review. If you are dissatisfied, you are able to cancel your escrow at that time.
The normal time to remove all contingencies in California is (17) days after the offer is accepted, however, if you have not received the HOA docs in the 17 day period, you still have (5) days after receiving them to act on this contingency.
I served on the Board of our HOA with 370 properties as Treasurer and President, so I am quite familiar with this situation. I hope this answer has been helpful.
If you are a buyer, it is very important that you not only review the HOA budget, but also their reserve fund. In California, the Escrow company orders this documentation from the HOA management company when Escrow opens, and once you receive ithe HOA docs, you have (5) days to review. If you are dissatisfied, you are able to cancel your escrow at that time.
The normal time to remove all contingencies in California is (17) days after the offer is accepted, however, if you have not received the HOA docs in the 17 day period, you still have (5) days after receiving them to act on this contingency.
I served on the Board of our HOA with 370 properties as Treasurer and President, so I am quite familiar with this situation. I hope this answer has been helpful.
Nancy Hankin answered:
Now is an EXCELLENT time to buy, especially if you are financing your purchase. Interest rates are extremely attractive. I live and sell in the California Palm Springs Desert area and many of our properties have actually "held their value." Real Estate has always been a good investment if you are buying in an area that is NOT depressed. Even during times when prices are low, they always rise up again. Flipping a home in today's market is NOT anything I would recommend trying, but holding on to it, enjoying it, building equity and eventually selling as you mentioned is wise. It will also offer you a nice tax break as well.
As for selling your home, you need to ask yourself WHY are you selling. If it is only to make a profit, then you need to wait until the prices in that area have risen enough to cover the cost of selling. And that will depend on the area you are living/investing in.
Just like stocks, there is no "crystal ball," but both the stock market and homes have generally risen over time, and are very good investments.
I hope these answers have been helpful.
Nancy Hankin: Broker Associate
SRES,CRS & e-PRO
"Old Fashioned Service Using
New Fashioned Technology"
Remax Real Estate Consultants
74-199 El Paseo Suite 101
Palm Desert, CA 92260
(866) 227-2205 Toll Free
(760) 861-5118 Direct
(760) 779-8196 Fax
Access all Desert MLS Properties for Sale via my Website
mailto:Nancy@NancyHankin.com
http://DesertHomesAndEstates.com
As for selling your home, you need to ask yourself WHY are you selling. If it is only to make a profit, then you need to wait until the prices in that area have risen enough to cover the cost of selling. And that will depend on the area you are living/investing in.
Just like stocks, there is no "crystal ball," but both the stock market and homes have generally risen over time, and are very good investments.
I hope these answers have been helpful.
Nancy Hankin: Broker Associate
SRES,CRS & e-PRO
"Old Fashioned Service Using
New Fashioned Technology"
Remax Real Estate Consultants
74-199 El Paseo Suite 101
Palm Desert, CA 92260
(866) 227-2205 Toll Free
(760) 861-5118 Direct
(760) 779-8196 Fax
Access all Desert MLS Properties for Sale via my Website
mailto:Nancy@NancyHankin.com
http://DesertHomesAndEstates.com
Nancy Hankin answered:
I specialize in selling and buying in golf course communities and I would be happy to send you a list of golf membership information on various courses. I am assuming you are talking about purchasing a golf membership as well as a property. Each community also has it's own personality. Here are a few questions I ask my clients BEFORE we start looking at homes to better determine if they will find others their age with similar interests: I ask their age, as I'm sure you want to socialize with others of similar age and also similar social interests. In addition, are you also interested in tennis, hiking, biking, fitness, etc....as some of the developments also have groups that get together to partake in other activites as well.
How important is it for you to be within 10-15 minutes of shopping, theatre, restaurants, good hospital facilities? This also helps determine where you might be interested in buying. We can always find you a great home in a nice golf course development, but looking at the above considerations are also very important. You want to be in a community that you will feel comfortable in, and find others with similar interests.
I welcome a call from you to discuss this in more detail, or you can send me your email address and I will be happy to send you some further information on the various private courses in the area. As I mentioned previously, this is an area I am very familiar with. You might also want to check out some comments from other buyers who I've worked with. Just go to the link "Testimonials" on my website for this information.
I look forward hearing from you and hope this has been helpful.
Nancy Hankin: Broker Associate
SRES,CRS & e-PRO
"Old Fashioned Service Using
New Fashioned Technology"
Remax Real Estate Consultants
74-199 El Paseo Suite 101
Palm Desert, CA 92260
(866) 227-2205 Toll Free
(760) 861-5118 Direct
(760) 779-8196 Fax
Access all Desert MLS Properties for Sale via my Website
mailto:Nancy@NancyHankin.com
http://DesertHomesAndEstates.com
How important is it for you to be within 10-15 minutes of shopping, theatre, restaurants, good hospital facilities? This also helps determine where you might be interested in buying. We can always find you a great home in a nice golf course development, but looking at the above considerations are also very important. You want to be in a community that you will feel comfortable in, and find others with similar interests.
I welcome a call from you to discuss this in more detail, or you can send me your email address and I will be happy to send you some further information on the various private courses in the area. As I mentioned previously, this is an area I am very familiar with. You might also want to check out some comments from other buyers who I've worked with. Just go to the link "Testimonials" on my website for this information.
I look forward hearing from you and hope this has been helpful.
Nancy Hankin: Broker Associate
SRES,CRS & e-PRO
"Old Fashioned Service Using
New Fashioned Technology"
Remax Real Estate Consultants
74-199 El Paseo Suite 101
Palm Desert, CA 92260
(866) 227-2205 Toll Free
(760) 861-5118 Direct
(760) 779-8196 Fax
Access all Desert MLS Properties for Sale via my Website
mailto:Nancy@NancyHankin.com
http://DesertHomesAndEstates.com
Nancy Hankin answered:
Hi RK:
Yes, there is a very sinple and quick way to check, just as all Realtors do. If you go to my website: www.PalmSpringsHomesAndEstates.com, then click on the TAB for "MLS Home Search," this is the SAME MLS site all of us Realtors use.
Once at that page, click on "Search On My Own." This brings you to the MLS. You can enter the cities and areas that interest you, be sure to select RESIDENTIAL and you can also select Attached Condo or Single Family Detached Home. Then select other Criteria like, Price, How Many Bedrooms & Baths, approximate Square Footage.
Once you have answered questions under GENERAL CRITERIA, you can then select ADDITIONAL CRITERIA which is also a Tab at the top of the page. Here you can fill out more information as well. NOW......scroll all the way to the very bottom of the page and you will see the word "LAND." Here is where you can select FEE Land, or LEASED Land.
I sincerely hopes this helps. You might always want to Bookmark this sight for future look-ups and take a look at all the other helpful information about the area. You are also welcome to call me on my toll-free number if you would prefer to discuss in more detail. I'm here to help in any way I can.
Nancy Hankin: Broker Associate
SRES,CRS & e-PRO
"Old Fashioned Service Using
New Fashioned Technology"
Remax Real Estate Consultants
74-199 El Paseo Suite 101
Palm Desert, CA 92260
(866) 227-2205 Toll Free
(760) 861-5118 Direct
(760) 779-8196 Fax
Access all Desert MLS Properties for Sale via my Website
mailto:Nancy@NancyHankin.com
http://DesertHomesAndEstates.com
Yes, there is a very sinple and quick way to check, just as all Realtors do. If you go to my website: www.PalmSpringsHomesAndEstates.com, then click on the TAB for "MLS Home Search," this is the SAME MLS site all of us Realtors use.
Once at that page, click on "Search On My Own." This brings you to the MLS. You can enter the cities and areas that interest you, be sure to select RESIDENTIAL and you can also select Attached Condo or Single Family Detached Home. Then select other Criteria like, Price, How Many Bedrooms & Baths, approximate Square Footage.
Once you have answered questions under GENERAL CRITERIA, you can then select ADDITIONAL CRITERIA which is also a Tab at the top of the page. Here you can fill out more information as well. NOW......scroll all the way to the very bottom of the page and you will see the word "LAND." Here is where you can select FEE Land, or LEASED Land.
I sincerely hopes this helps. You might always want to Bookmark this sight for future look-ups and take a look at all the other helpful information about the area. You are also welcome to call me on my toll-free number if you would prefer to discuss in more detail. I'm here to help in any way I can.
Nancy Hankin: Broker Associate
SRES,CRS & e-PRO
"Old Fashioned Service Using
New Fashioned Technology"
Remax Real Estate Consultants
74-199 El Paseo Suite 101
Palm Desert, CA 92260
(866) 227-2205 Toll Free
(760) 861-5118 Direct
(760) 779-8196 Fax
Access all Desert MLS Properties for Sale via my Website
mailto:Nancy@NancyHankin.com
http://DesertHomesAndEstates.com
Available Homes
View all 2 listings
Specialties
Both Buyers and Sellers in the Palm Springs/Coachella Valley area. The Palm Springs area consists of (9) cities, each with their own personality: Palm Springs, Palm Desert, Cathedral City, Rancho Mirage, Indian Wells, La Quinta, Indio, Desert Hot Springs and Coachell
I'm proud to state that I've SOLD properties in all of these areas.
I'm proud to state that I've SOLD properties in all of these areas.
Experience
Latest:
Broker for RE/MAX Real Estate Consultants
Broker with RE/MAX Real Estate Consultants
January 1992—present
Interests
My children, grandchildren, golfing, reading, writing, bridge, socializing....and trying to make a more positive difference in the world we live in.
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